Funding you earn now, next payment 11:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h −0.001%
Price spread now: Lighter against Bitget−0.081%7-day average +0.015% · you buy dearer than you sell
Net, funding: paid 7d − costs−$73as in the Funding arb table
Net, price: spread back to 7d avg − costs−$71as in the Price arb table
costs, in and out, $10k−$620.617% of the position
Funding, last 7 days−0.113%−$11 on $10k
+Price spread, last 4 days (all we have)+0.648%+$65 · spread now −0.081%, 7d avg +0.015%
=Together, before fees+0.535%+ Points / potential airdropLighter: Season 3 · farm board+$53 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Lighter is 0.096% cheaper against Bitget than usual: you would sell low and buy high, −$10 on $10k if it goes back to its 7-day average of +0.015%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget CRVUSDT | 0.3560 | 0.0100 | pay 0.0100% / 8h | 5h 55m | $6.7M | $4.1M | 75x |
| Short | Lighter CRV | 0.3557 | 0.0096 | get 0.0012% / 1h | 55m 42s | $376K | $599K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against Bitget. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$0.84
- Price spread: −0.081% → +0.015%
- −$9.63
- Slippage, 4 orders
- −$49.71
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$72.18
- Costs to cover
- 0.617%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 6 min ago; Lighter: live order book, 51 min ago.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Bitget live order book, 6 min ago | 4.21 bp | 21.7 bp −$22 | 54.2 bp −$542 | doesn't fit | doesn't fit |
| Sell Lighter live order book, 51 min ago | 8.86 bp | 13.9 bp −$14 | 44.6 bp −$446 | doesn't fit | doesn't fit |
CRV on 30 exchanges
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Backpack CRV_USDC_PERP | −0.0172% | 1h | 0.3560 | −0.008% | $92K | $244K | 10x | as long as short |
| Variational Omni CRV | −0.0104% | 8h | 0.3556 | −0.124% | $1.1M | $132K | — | as long as short |
| Reya CRVRUSDPERP | −0.0048% | 1h | 0.3557 | −0.094% | $15 | — | 15x | as long as short |
| Phoenix CRV | −0.0044% | 1h | 0.3565 | +0.138% | $25K | $164K | 10x | as long as short |
| Deribit CRV_USDC-PERPETUAL | −0.0031% | 1h | 0.3559 | −0.028% | $54K | $45K | 25x | as long as short |
| dYdX CRV-USD | 0.0000% | 1h | 0.3565 | +0.143% | $40K | $13K | 10x | as long as short |
| Injective CRV/USDC PERP | +0.0033% | 1h | 0.3670 | +3.090% | $79 | $384K | 12x | as long as short |
| Lighter CRVshort | +0.0096% | 1h | 0.3557 | −0.081% | $376K | $599K | 10x | |
| Aster CRVUSDT | +0.0100% | 8h | 0.3560 | +0.009% | $139K | $194K | 10x | as long as short |
| Pacifica CRV | +0.0100% | 1h | 0.3559 | −0.038% | $359K | $192K | 10x | as long as short |
Show all 30 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance CRVUSDT | +0.0100% | 8h | 0.3559 | −0.028% | $24.6M | $51.1M | 75x | as long as short |
| Bybit CRVUSDT | +0.0100% | 8h | 0.3555 | −0.140% | $26.6M | $18.1M | 75x | as long as short |
| OKX CRV-USDT-SWAP | +0.0100% | 8h | 0.3556 | −0.112% | $8.5M | $18.4M | 50x | as long as short |
| Gate CRV_USDT | +0.0100% | 8h | 0.3559 | −0.028% | $1.9M | $989K | 50x | as long as short |
| MEXC CRV_USDT | +0.0100% | 8h | 0.3556 | −0.112% | $12.8M | $5.1M | 125x | as long as short |
| KuCoin CRVUSDTM | +0.0100% | 8h | 0.3558 | −0.056% | $6.5M | $8.3M | 50x | as long as short |
| Bitget CRVUSDTlong | +0.0100% | 8h | 0.3560 | long leg | $6.7M | $4.1M | 75x | |
| BingX CRV-USDC | +0.0100% | 8h | 0.3557 | −0.084% | — | $1.6M | — | as long as short |
| edgeX CRVUSDC | +0.0100% | 4h | 0.3560 | +0.001% | $37K | $170K | 20x | as long as short |
| GRVT CRV_USDT_Perp | +0.0100% | 8h | 0.3570 | +0.277% | $507K | $390K | 10x | as long as short |
| ApeX Omni CRVUSDT | +0.0100% | 1h | 0.3565 | +0.140% | $51K | $650K | 50x | as long as short |
| Orderly PERP_CRV_USDC | +0.0100% | 8h | 0.3560 | 0.000% | $24K | $850 | 10x | as long as short |
| SunX CRV-USDT | +0.0100% | 8h | 0.3646 | +2.416% | $1K | $1.2M | 20x | as long as short |
| Extended CRV-USD | +0.0104% | 1h | 0.3556 | −0.103% | $253K | $517K | 25x | as long as short |
| Aevo CRV-PERP | +0.0104% | 1h | 0.3560 | 0.000% | $13K | $6K | 3x | as long as short |
| BloFin CRV-USDT | +0.0220% | 8h | 0.3562 | +0.056% | $1.3M | $3.6M | 75x | as long as short |
| Coinbase International CRV-PERP-INTX | +0.0392% | 1h | 0.3565 | +0.140% | $355K | $3.9M | 50x | as long as short |
| GMX CRV/USD [ETH-USDC] | L +0.0413% / S −0.0178% | 1h | 0.3559 | −0.033% | $209K | — | 100x | as long as short |
| Hyperliquid CRV | +0.0471% | 1h | 0.3564 | +0.104% | $21.1M | $16.1M | 10x | as long as short |
| Kraken Futures PF_CRVUSD | +0.0662% | 1h | 0.3562 | +0.063% | $3.0M | $2.1M | 50x | as long as short |
Bitget CRVUSDT
Lighter CRV
Backpack CRV_USDC_PERP
Variational Omni CRV
Phoenix CRV
Deribit CRV_USDC-PERPETUAL
Injective CRV/USDC PERP
Aster CRVUSDT
Pacifica CRV
Binance CRVUSDT
Bybit CRVUSDT
OKX CRV-USDT-SWAP
Gate CRV_USDT
MEXC CRV_USDT
KuCoin CRVUSDTM
BingX CRV-USDC
edgeX CRVUSDC
GRVT CRV_USDT_Perp
ApeX Omni CRVUSDT
SunX CRV-USDT
Extended CRV-USD
BloFin CRV-USDT
Coinbase International CRV-PERP-INTX
GMX CRV/USD [ETH-USDC]
Hyperliquid CRV
Kraken Futures PF_CRVUSD