Funding you earn now, next payment 02:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h +0.001%
Price spread now: Bitget against Lighter+0.230%7-day average −0.022% · you sell dearer than you buy
Net, funding: paid 7d − costs−$36as in the Funding arb table
Net, price: spread back to 7d avg − costs−$23as in the Price arb table
costs, in and out, $10k−$480.477% of the position
Funding, last 7 days+0.113%+$11 on $10k
+Price spread, last 4 days (all we have)−0.443%−$44 · spread now +0.230%, 7d avg −0.022%
=Together, before fees−0.330%+ Points / potential airdropLighter: Season 3 · farm board−$33 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: Bitget is 0.252% dearer against Lighter than usual: you sell high and buy low, +$25 on $10k if it goes back to its 7-day average of −0.022%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter CRV | 0.3605 | 0.0096 | pay 0.0012% / 1h | 44m 23s | $378K | $706K | 10x |
| Short | Bitget CRVUSDT | 0.3613 | 0.0100 | get 0.0100% / 8h | 6h 44m | $6.8M | $5.6M | 75x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against Lighter. 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: +0.230% → −0.022%
- $25.19
- Slippage, 4 orders
- −$35.72
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$21.69
- Costs to cover
- 0.477%
- Break-even
- 187.8 days
Slippage from Lighter: live order book, 20 min ago; Bitget: live order book, 4 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 Lighter live order book, 20 min ago | 4.63 bp | 4.8 bp −$5 | 25.2 bp −$252 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 4 min ago | 4.14 bp | 15.9 bp −$16 | 28.1 bp −$281 | doesn't fit | doesn't fit |
CRV on 30 venues
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 | |
|---|---|---|---|---|---|---|---|---|
| ApeX Omni CRVUSDT | −0.0134% | 1h | 0.3617 | +0.341% | $52K | $700K | 50x | as long as short |
| Phoenix CRV | −0.0066% | 1h | 0.3639 | +0.957% | $26K | $162K | 10x | as long as short |
| Reya CRVRUSDPERP | −0.0048% | 1h | 0.3605 | +0.007% | $15 | — | 15x | as long as short |
| dYdX CRV-USD | 0.0000% | 1h | 0.3603 | −0.053% | $37K | $6K | 10x | as long as short |
| Deribit CRV_USDC-PERPETUAL | 0.0000% | 1h | 0.3609 | +0.119% | $55K | $50K | 25x | as long as short |
| Injective CRV/USDC PERP | +0.0033% | 1h | 0.3670 | +1.812% | $79 | $384K | 12x | as long as short |
| Backpack CRV_USDC_PERP | +0.0067% | 1h | 0.3605 | +0.014% | $97K | $299K | 10x | as long as short |
| Orderly PERP_CRV_USDC | +0.0095% | 8h | 0.3609 | +0.119% | $24K | $929 | 10x | as long as short |
| Lighter CRVlong | +0.0096% | 1h | 0.3605 | long leg | $378K | $706K | 10x | |
| Hyperliquid CRV | +0.0100% | 1h | 0.3611 | +0.183% | $22.2M | $16.8M | 10x | as long as short |
Show all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster CRVUSDT | +0.0100% | 8h | 0.3605 | +0.006% | $128K | $182K | 10x | as long as short |
| Pacifica CRV | +0.0100% | 1h | 0.3606 | +0.027% | $364K | $209K | 10x | as long as short |
| Binance CRVUSDT | +0.0100% | 8h | 0.3608 | +0.101% | $25.0M | $55.8M | 75x | as long as short |
| Bybit CRVUSDT | +0.0100% | 8h | 0.3607 | +0.064% | $27.4M | $17.9M | 75x | as long as short |
| OKX CRV-USDT-SWAP | +0.0100% | 8h | 0.3607 | +0.064% | $8.7M | $21.0M | 50x | as long as short |
| Gate CRV_USDT | +0.0100% | 8h | 0.3602 | −0.075% | $1.9M | $1.3M | 50x | as long as short |
| MEXC CRV_USDT | +0.0100% | 8h | 0.3608 | +0.092% | $14.7M | $5.2M | 125x | as long as short |
| KuCoin CRVUSDTM | +0.0100% | 8h | 0.3607 | +0.064% | $6.3M | $9.2M | 50x | as long as short |
| Bitget CRVUSDTshort | +0.0100% | 8h | 0.3613 | +0.230% | $6.8M | $5.6M | 75x | |
| BingX CRV-USDC | +0.0100% | 8h | 0.3609 | +0.119% | — | $1.7M | — | as long as short |
| Variational Omni CRV | +0.0100% | 8h | 0.3607 | +0.062% | $1.1M | $113K | — | as long as short |
| edgeX CRVUSDC | +0.0100% | 4h | 0.3616 | +0.312% | $37K | $174K | 20x | as long as short |
| GRVT CRV_USDT_Perp | +0.0100% | 8h | 0.3631 | +0.732% | $509K | $419K | 10x | as long as short |
| SunX CRV-USDT | +0.0100% | 8h | 0.3652 | +1.312% | $1K | $1.3M | 20x | as long as short |
| Extended CRV-USD | +0.0104% | 1h | 0.3610 | +0.136% | $236K | $649K | 25x | as long as short |
| Aevo CRV-PERP | +0.0104% | 1h | 0.3611 | +0.182% | $13K | $6K | 3x | as long as short |
| BloFin CRV-USDT | +0.0220% | 8h | 0.3634 | +0.813% | $1.4M | $4.1M | 75x | as long as short |
| Kraken Futures PF_CRVUSD | +0.0293% | 1h | 0.3614 | +0.263% | $3.0M | $2.8M | 50x | as long as short |
| Coinbase International CRV-PERP-INTX | +0.0376% | 1h | 0.3604 | −0.019% | $377K | $4.6M | 50x | as long as short |
| GMX CRV/USD [ETH-USDC] | L +0.0450% / S −0.0199% | 1h | 0.3607 | +0.072% | $230K | — | 100x | as long as short |
Lighter CRV
Bitget CRVUSDT
ApeX Omni CRVUSDT
Phoenix CRV
Deribit CRV_USDC-PERPETUAL
Injective CRV/USDC PERP
Backpack CRV_USDC_PERP
Hyperliquid CRV
Aster CRVUSDT
Pacifica CRV
Binance CRVUSDT
Bybit CRVUSDT
OKX CRV-USDT-SWAP
Gate CRV_USDT
MEXC CRV_USDT
KuCoin CRVUSDTM
BingX CRV-USDC
Variational Omni CRV
edgeX CRVUSDC
GRVT CRV_USDT_Perp
SunX CRV-USDT
Extended CRV-USD
BloFin CRV-USDT
Kraken Futures PF_CRVUSD
Coinbase International CRV-PERP-INTX
GMX CRV/USD [ETH-USDC]