Funding you earn now, next payment 02:00 UTC+0.0100%/8h= +10.9% APRnext payment +$0.13 per $10,000 · paid last 24h +0.097%
Price spread now: Hyperliquid against dYdX+0.203%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 5 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropHyperliquid: Season 2 · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Hyperliquid is 0.203% dearer against dYdX than usual: you sell high and buy low: +$20 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | dYdX CRV-USD | 0.3616 | 0 | get 0.0000% / 1h | 31m 17s | $37K | $6K | 10x |
| Short | Hyperliquid CRV | 0.3623 | 0.0100 | get 0.0013% / 1h | 31m 17s | $22.2M | $15.5M | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Hyperliquid against dYdX. 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
- $21
- Price spread: +0.203% → 0.000%
- $20.31
- Slippage, 4 orders
- no order book: not counted
- Fee dYdX: 5 bp × 2 orders
- −$10
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- $22.31
- Costs to cover
- 0.190%
- Break-even
- from the start
Slippage unknown: dYdX: no order-book sample; Hyperliquid: live order book, 12 min ago. Net counts fees only.
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 dYdX no order-book sample | — | — | — | — | — |
| Sell Hyperliquid live order book, 12 min ago | 1.66 bp | 11.8 bp −$12 | doesn't fit | doesn't fit | doesn't fit |
dYdX: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | −0.273% | $26K | $162K | 10x | as long as short |
| Reya CRVRUSDPERP | −0.0048% | 1h | 0.3618 | +0.055% | $16 | — | 15x | as long as short |
| Deribit CRV_USDC-PERPETUAL | −0.0026% | 1h | 0.3617 | +0.029% | $55K | $50K | 25x | as long as short |
| dYdX CRV-USDlong | 0.0000% | 1h | 0.3616 | long leg | $37K | $6K | 10x | |
| Injective CRV/USDC PERP | +0.0033% | 1h | 0.3670 | +1.495% | $79 | $384K | 12x | as long as short |
| ApeX Omni CRVUSDT | +0.0045% | 1h | 0.3606 | −0.275% | $52K | $699K | 50x | as long as short |
| Backpack CRV_USDC_PERP | +0.0093% | 1h | 0.3619 | +0.087% | $97K | $300K | 10x | as long as short |
| Orderly PERP_CRV_USDC | +0.0095% | 8h | 0.3617 | +0.029% | $24K | $979 | 10x | as long as short |
| Lighter CRV | +0.0096% | 1h | 0.3616 | +0.009% | $381K | $711K | 10x | as long as short |
| Hyperliquid CRVshort | +0.0100% | 1h | 0.3623 | +0.203% | $22.2M | $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 | 0.3620 | +0.112% | $129K | $182K | 10x | as long as short |
| Pacifica CRV | +0.0100% | 1h | 0.3615 | −0.020% | $365K | $209K | 10x | as long as short |
| Binance CRVUSDT | +0.0100% | 8h | 0.3617 | +0.018% | $25.0M | $56.0M | 75x | as long as short |
| Bybit CRVUSDT | +0.0100% | 8h | 0.3615 | −0.026% | $27.4M | $18.0M | 75x | as long as short |
| OKX CRV-USDT-SWAP | +0.0100% | 8h | 0.3619 | +0.084% | $8.7M | $20.9M | 50x | as long as short |
| Gate CRV_USDT | +0.0100% | 8h | 0.3618 | +0.056% | $1.9M | $1.3M | 50x | as long as short |
| MEXC CRV_USDT | +0.0100% | 8h | 0.3620 | +0.112% | $14.8M | $5.3M | 125x | as long as short |
| KuCoin CRVUSDTM | +0.0100% | 8h | 0.3617 | +0.029% | $6.3M | $9.2M | 50x | as long as short |
| Bitget CRVUSDT | +0.0100% | 8h | 0.3620 | +0.112% | $6.8M | $5.5M | 75x | as long as short |
| BingX CRV-USDC | +0.0100% | 8h | 0.3618 | +0.056% | — | $1.7M | — | as long as short |
| Variational Omni CRV | +0.0100% | 8h | 0.3612 | −0.111% | $1.1M | $113K | — | as long as short |
| edgeX CRVUSDC | +0.0100% | 4h | 0.3602 | −0.386% | $37K | $173K | 20x | as long as short |
| GRVT CRV_USDT_Perp | +0.0100% | 8h | 0.3604 | −0.336% | $505K | $427K | 10x | as long as short |
| SunX CRV-USDT | +0.0100% | 8h | 0.3667 | +1.412% | $1K | $1.3M | 20x | as long as short |
| Extended CRV-USD | +0.0104% | 1h | 0.3616 | +0.003% | $236K | $557K | 25x | as long as short |
| Aevo CRV-PERP | +0.0104% | 1h | 0.3617 | +0.015% | $13K | $6K | 3x | as long as short |
| Kraken Futures PF_CRVUSD | +0.0292% | 1h | 0.3622 | +0.166% | $3.1M | $2.8M | 50x | as long as short |
| Coinbase International CRV-PERP-INTX | +0.0376% | 1h | 0.3625 | +0.250% | $381K | $4.3M | 50x | as long as short |
| GMX CRV/USD [ETH-USDC] | L +0.0453% / S −0.0202% | 1h | 0.3618 | +0.051% | $231K | — | 100x | as long as short |
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
Bybit 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]