Settings8H · net · $10k
Funding arb · Price arb /

CRV

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SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h +0.001%
Price spread now: Gate against Lighter−0.090%7-day average −0.014% · you buy dearer than you sell
Net, funding: paid 7d − costs−$65as in the Funding arb table
Net, price: spread back to 7d avg − costs−$79as in the Price arb table
costs, in and out, $10k−$710.714% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.062%+$6 on $10k
Price spread, last 4 days (all we have)−0.103%−$10 · spread now −0.090%, 7d avg −0.014%
Together, before fees−0.041%+ Points / potential airdropLighter: Season 3 · farm board−$4 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: Gate is 0.075% cheaper against Lighter than usual: you would sell low and buy high, −$8 on $10k if it goes back to its 7-day average of −0.014%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongLighter CRV0.36760.0096pay 0.0012% / 1h55m 57s$386K$703K10x
ShortGate CRV_USDT0.36730.0100get 0.0100% / 8h5h 55m$1.9M$1.3M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate against Lighter. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
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: −0.090% → −0.014%
−$7.55
Slippage, 4 orders
−$56.43
Fee Lighter: 0 bp × 2 orders
$0
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$78.14
Costs to cover
0.714%
Break-even
658.2 days
Slippage from Lighter: live order book, 4 min ago; Gate: live order book, 2 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Lighter live order book, 4 min ago4.22 bp5.4 bp −$524.8 bp −$248doesn't fitdoesn't fit
Sell Gate live order book, 2 min ago4.11 bp33.8 bp −$34122.8 bp −$1,228doesn't fitdoesn't fit

CRV on 29 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Phoenix CRV−0.0066%1h0.3675−0.035%$26K$168K10xas long as short
Reya CRVRUSDPERP−0.0048%1h0.3686+0.261%$1615xas long as short
dYdX CRV-USD0.0000%1h0.3683+0.174%$38K$7K10xas long as short
Deribit CRV_USDC-PERPETUAL0.0000%1h0.3683+0.182%$56K$49K25xas long as short
Injective CRV/USDC PERP+0.0033%1h0.3670−0.171%$79$384K12xas long as short
Orderly PERP_CRV_USDC+0.0095%8h0.3683+0.182%$25K$90210xas long as short
Lighter CRVlong+0.0096%1h0.3676long leg$386K$703K10x
Hyperliquid CRV+0.0100%1h0.3678+0.057%$22.4M$15.1M10xas long as short
Aster CRVUSDT+0.0100%8h0.3676−0.008%$131K$180K10xas long as short
Pacifica CRV+0.0100%1h0.3681+0.133%$374K$198K10xas long as short
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance CRVUSDT+0.0100%8h0.3671−0.137%$25.4M$54.3M75xas long as short
Bybit CRVUSDT+0.0100%8h0.3671−0.144%$27.9M$17.5M75xas long as short
OKX CRV-USDT-SWAP+0.0100%8h0.3669−0.199%$8.9M$20.6M50xas long as short
Gate CRV_USDTshort+0.0100%8h0.3673−0.090%$1.9M$1.3M50x
MEXC CRV_USDT+0.0100%8h0.3670−0.171%$14.7M$5.3M125xas long as short
KuCoin CRVUSDTM+0.0100%8h0.3672−0.117%$6.3M$8.9M50xas long as short
Bitget CRVUSDT+0.0100%8h0.3672−0.117%$6.9M$5.2M75xas long as short
BingX CRV-USDT+0.0100%8h0.3671−0.144%$23.6Mas long as short
Backpack CRV_USDC_PERP+0.0100%1h0.3679+0.060%$97K$268K10xas long as short
Variational Omni CRV+0.0100%8h0.3686+0.261%$1.1M$101Kas long as short
edgeX CRVUSDC+0.0100%4h0.3666−0.290%$38K$173K20xas long as short
GRVT CRV_USDT_Perp+0.0100%8h0.3670−0.171%$517K$416K10xas long as short
ApeX Omni CRVUSDT+0.0100%1h0.3669−0.199%$53K$689K50xas long as short
SunX CRV-USDT+0.0100%8h0.3736+1.624%$1K$1.3M20xas long as short
Extended CRV-USD+0.0104%1h0.3669−0.189%$243K$474K25xas long as short
Aevo CRV-PERP+0.0104%1h0.3681+0.139%$13K$6K3xas long as short
Coinbase International CRV-PERP-INTX+0.0344%1h0.3686+0.264%$387K$4.1M50xas long as short
Kraken Futures PF_CRVUSD+0.0369%1h0.3684+0.207%$3.1M$2.6M50xas long as short
GMX CRV/USD [ETH-USDC]L +0.0436% / S −0.0188%1h0.3687+0.282%$223K100xas long as short