Funding you earn now, next payment 01:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h +0.001%
Price spread now: Gate against Lighter+0.103%7-day average −0.015% · you sell dearer than you buy
Net, funding: paid 7d − costs−$68as in the Funding arb table
Net, price: spread back to 7d avg − costs−$61as in the Price arb table
costs, in and out, $10k−$730.730% of the position
Funding, last 7 days+0.050%+$5 on $10k
+Price spread, last 4 days (all we have)−0.399%−$40 · spread now +0.103%, 7d avg −0.015%
=Together, before fees−0.349%+ Points / potential airdropLighter: Season 3 · farm board−$35 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 0.118% dearer against Lighter than usual: you sell high and buy low, +$12 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 | Lighter CRV | 0.3673 | 0.0096 | pay 0.0012% / 1h | 55m 45s | $412K | $721K | 10x |
| Short | Gate CRV_USDT | 0.3677 | 0.0100 | get 0.0100% / 8h | 7h 55m | $1.9M | $1.3M | 50x |
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 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: +0.103% → −0.015%
- $11.8
- Slippage, 4 orders
- −$58.02
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$60.39
- Costs to cover
- 0.730%
- Break-even
- 510.2 days
Slippage from Lighter: live order book, 14 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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Lighter live order book, 14 min ago | 4.24 bp | 5.3 bp −$5 | 26.5 bp −$265 | doesn't fit | doesn't fit |
| Sell Gate live order book, 2 min ago | 4.09 bp | 28.3 bp −$28 | 144.3 bp −$1,443 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Phoenix CRV | −0.0108% | 1h | 0.3678 | +0.125% | $26K | $168K | 10x | as long as short |
| Reya CRVRUSDPERP | −0.0049% | 1h | 0.3672 | −0.019% | $16 | — | 15x | as long as short |
| Deribit CRV_USDC-PERPETUAL | −0.0022% | 1h | 0.3678 | +0.131% | $57K | $50K | 25x | as long as short |
| dYdX CRV-USD | 0.0000% | 1h | 0.3669 | −0.122% | $38K | $5K | 10x | as long as short |
| Injective CRV/USDC PERP | +0.0033% | 1h | 0.3670 | −0.087% | $79 | $384K | 12x | as long as short |
| Kraken Futures PF_CRVUSD | +0.0088% | 1h | 0.3684 | +0.293% | $3.1M | $2.9M | 50x | as long as short |
| Lighter CRVlong | +0.0096% | 1h | 0.3673 | long leg | $412K | $721K | 10x | |
| Orderly PERP_CRV_USDC | +0.0096% | 8h | 0.3678 | +0.131% | $25K | $929 | 10x | as long as short |
| Aster CRVUSDT | +0.0100% | 8h | 0.3676 | +0.070% | $131K | $184K | 10x | as long as short |
| Pacifica CRV | +0.0100% | 1h | 0.3669 | −0.105% | $370K | $208K | 10x | as long as short |
Show all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance CRVUSDT | +0.0100% | 8h | 0.3672 | −0.025% | $25.7M | $56.0M | 75x | as long as short |
| Bybit CRVUSDT | +0.0100% | 8h | 0.3668 | −0.142% | $27.8M | $17.3M | 75x | as long as short |
| OKX CRV-USDT-SWAP | +0.0100% | 8h | 0.3665 | −0.223% | $8.8M | $21.5M | 50x | as long as short |
| Gate CRV_USDTshort | +0.0100% | 8h | 0.3677 | +0.103% | $1.9M | $1.3M | 50x | |
| MEXC CRV_USDT | +0.0100% | 8h | 0.3669 | −0.114% | $15.2M | $5.2M | 125x | as long as short |
| KuCoin CRVUSDTM | +0.0100% | 8h | 0.3672 | −0.033% | $7.4M | $9.1M | 50x | as long as short |
| Bitget CRVUSDT | +0.0100% | 8h | 0.3670 | −0.087% | $6.9M | $5.6M | 75x | as long as short |
| BingX CRV-USDT | +0.0100% | 8h | 0.3675 | +0.049% | — | $23.6M | — | as long as short |
| Variational Omni CRV | +0.0100% | 8h | 0.3677 | +0.104% | $1.1M | $111K | — | as long as short |
| edgeX CRVUSDC | +0.0100% | 4h | 0.3674 | +0.022% | $38K | $172K | 20x | as long as short |
| GRVT CRV_USDT_Perp | +0.0100% | 8h | 0.3670 | −0.087% | $513K | $419K | 10x | as long as short |
| ApeX Omni CRVUSDT | +0.0100% | 1h | 0.3672 | −0.033% | $60K | $695K | 50x | as long as short |
| SunX CRV-USDT | +0.0100% | 8h | 0.3701 | +0.757% | $1K | $1.3M | 20x | as long as short |
| Extended CRV-USD | +0.0104% | 1h | 0.3677 | +0.112% | $244K | $883K | 25x | as long as short |
| Aevo CRV-PERP | +0.0104% | 1h | 0.3680 | +0.172% | $19K | — | 3x | as long as short |
| BloFin CRV-USDT | +0.0220% | 8h | 0.3663 | −0.278% | $1.4M | $4.4M | 75x | as long as short |
| Coinbase International CRV-PERP-INTX | +0.0384% | 1h | 0.3680 | +0.185% | $385K | $4.7M | 50x | as long as short |
| Hyperliquid CRV | +0.0388% | 1h | 0.3678 | +0.136% | $22.8M | $16.5M | 10x | as long as short |
| GMX CRV/USD [ETH-USDC] | L +0.0446% / S −0.0192% | 1h | 0.3676 | +0.076% | $233K | — | 100x | as long as short |
| Backpack CRV_USDC_PERP | +0.0827% | 1h | 0.3682 | +0.248% | $105K | $280K | 10x | as long as short |
Lighter CRV
Gate CRV_USDT
Phoenix CRV
Deribit CRV_USDC-PERPETUAL
Injective CRV/USDC PERP
Kraken Futures PF_CRVUSD
Aster CRVUSDT
Pacifica CRV
Binance CRVUSDT
Bybit CRVUSDT
OKX CRV-USDT-SWAP
MEXC CRV_USDT
KuCoin CRVUSDTM
Bitget CRVUSDT
BingX CRV-USDT
Variational Omni CRV
edgeX CRVUSDC
GRVT CRV_USDT_Perp
ApeX Omni CRVUSDT
SunX CRV-USDT
Extended CRV-USD
BloFin CRV-USDT
Coinbase International CRV-PERP-INTX
Hyperliquid CRV
GMX CRV/USD [ETH-USDC]
Backpack CRV_USDC_PERP