Funding you earn now, next payment 02:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.067%
Price spread now: Hyperliquid against Bybit+0.050%7-day average +0.168% · you sell dearer than you buy
Net, funding: paid 7d − costs−$27as in the Funding arb table
Net, price: spread back to 7d avg − costs−$59as in the Price arb table
costs, in and out, $10k−$470.471% of the position
Funding, last 7 days+0.197%+$20 on $10k
+Price spread, last 7 days+0.075%+$8 · spread now +0.050%, 7d avg +0.168%
=Together, before fees+0.272%+ Points / potential airdropHyperliquid: Season 2 · farm board+$27 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: Hyperliquid is 0.118% cheaper against Bybit than usual: you would sell low and buy high, −$12 on $10k if it goes back to its 7-day average of +0.168%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit CRVUSDT | 0.3603 | 0.0100 | pay 0.0100% / 8h | 6h 33m | $27.3M | $18.3M | 75x |
| Short | Hyperliquid CRV | 0.3605 | 0.0100 | get 0.0013% / 1h | 33m 07s | $22.0M | $15.5M | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Hyperliquid against Bybit. 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
- Price spread: +0.050% → +0.168%
- −$11.83
- Slippage, 4 orders
- −$27.05
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- −$58.88
- Costs to cover
- 0.471%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 1 min ago; Hyperliquid: live order book, 10 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 Bybit live order book, 1 min ago | 1.39 bp | 13.5 bp −$13 | 28.3 bp −$283 | doesn't fit | doesn't fit |
| Sell Hyperliquid live order book, 10 min ago | 1.66 bp | 11.8 bp −$12 | doesn't fit | doesn't fit | doesn't fit |
CRV on 29 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 | −0.0066% | 1h | 0.3606 | +0.086% | $26K | $162K | 10x | as long as short |
| Reya CRVRUSDPERP | −0.0048% | 1h | 0.3600 | −0.085% | $15 | — | 15x | as long as short |
| dYdX CRV-USD | 0.0000% | 1h | 0.3605 | +0.059% | $37K | $6K | 10x | as long as short |
| Deribit CRV_USDC-PERPETUAL | 0.0000% | 1h | 0.3603 | 0.000% | $55K | $50K | 25x | as long as short |
| Injective CRV/USDC PERP | +0.0033% | 1h | 0.3670 | +1.860% | $79 | $384K | 12x | as long as short |
| ApeX Omni CRVUSDT | +0.0045% | 1h | 0.3606 | +0.083% | $52K | $699K | 50x | as long as short |
| Backpack CRV_USDC_PERP | +0.0085% | 1h | 0.3604 | +0.014% | $96K | $302K | 10x | as long as short |
| Orderly PERP_CRV_USDC | +0.0095% | 8h | 0.3603 | 0.000% | $24K | $979 | 10x | as long as short |
| Lighter CRV | +0.0096% | 1h | 0.3600 | −0.094% | $380K | $711K | 10x | as long as short |
| Hyperliquid CRVshort | +0.0100% | 1h | 0.3605 | +0.050% | $22.0M | $15.5M | 10x |
Show all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster CRVUSDT | +0.0100% | 8h | 0.3607 | +0.112% | $128K | $182K | 10x | as long as short |
| Pacifica CRV | +0.0100% | 1h | 0.3601 | −0.051% | $363K | $209K | 10x | as long as short |
| Binance CRVUSDT | +0.0100% | 8h | 0.3603 | 0.000% | $24.9M | $56.3M | 75x | as long as short |
| Bybit CRVUSDTlong | +0.0100% | 8h | 0.3603 | long leg | $27.3M | $18.3M | 75x | |
| OKX CRV-USDT-SWAP | +0.0100% | 8h | 0.3609 | +0.167% | $8.6M | $21.0M | 50x | as long as short |
| Gate CRV_USDT | +0.0100% | 8h | 0.3604 | +0.028% | $1.8M | $1.3M | 50x | as long as short |
| MEXC CRV_USDT | +0.0100% | 8h | 0.3601 | −0.056% | $14.7M | $5.3M | 125x | as long as short |
| KuCoin CRVUSDTM | +0.0100% | 8h | 0.3603 | 0.000% | $6.3M | $9.2M | 50x | as long as short |
| Bitget CRVUSDT | +0.0100% | 8h | 0.3602 | −0.028% | $6.7M | $5.6M | 75x | as long as short |
| BingX CRV-USDC | +0.0100% | 8h | 0.3604 | +0.028% | — | $1.6M | — | as long as short |
| Variational Omni CRV | +0.0100% | 8h | 0.3599 | −0.113% | $1.1M | $113K | — | as long as short |
| edgeX CRVUSDC | +0.0100% | 4h | 0.3602 | −0.028% | $37K | $173K | 20x | as long as short |
| GRVT CRV_USDT_Perp | +0.0100% | 8h | 0.3605 | +0.061% | $505K | $427K | 10x | as long as short |
| SunX CRV-USDT | +0.0100% | 8h | 0.3648 | +1.249% | $1K | $1.3M | 20x | as long as short |
| Extended CRV-USD | +0.0104% | 1h | 0.3601 | −0.054% | $236K | $587K | 25x | as long as short |
| Aevo CRV-PERP | +0.0104% | 1h | 0.3601 | −0.050% | $13K | $6K | 3x | as long as short |
| Kraken Futures PF_CRVUSD | +0.0293% | 1h | 0.3604 | +0.041% | $3.0M | $2.8M | 50x | as long as short |
| Coinbase International CRV-PERP-INTX | +0.0376% | 1h | 0.3606 | +0.083% | $379K | $4.5M | 50x | as long as short |
| GMX CRV/USD [ETH-USDC] | L +0.0452% / S −0.0201% | 1h | 0.3601 | −0.066% | $229K | — | 100x | as long as short |
Bybit CRVUSDT
Hyperliquid CRV
Phoenix CRV
Deribit CRV_USDC-PERPETUAL
Injective CRV/USDC PERP
ApeX Omni CRVUSDT
Backpack CRV_USDC_PERP
Lighter CRV
Aster CRVUSDT
Pacifica CRV
Binance CRVUSDT
OKX CRV-USDT-SWAP
Gate CRV_USDT
MEXC CRV_USDT
KuCoin CRVUSDTM
Bitget CRVUSDT
BingX CRV-USDC
Variational Omni CRV
edgeX CRVUSDC
GRVT CRV_USDT_Perp
SunX CRV-USDT
Extended CRV-USD
Kraken Futures PF_CRVUSD
Coinbase International CRV-PERP-INTX
GMX CRV/USD [ETH-USDC]