Funding you earn now, next payment 23:00 UTC+0.0348%/8h= +38.1% APRpaid last 24h +0.068%
Price spread now: Hyperliquid against Gate+0.052%7-day average +0.107% · you sell dearer than you buy
Net, funding: paid 7d − costs−$66as in the Funding arb table
Net, price: spread back to 7d avg − costs−$89as in the Price arb table
costs, in and out, $10k−$840.835% of the position
Funding, last 7 days+0.171%+$17 on $10k
+Price spread, last 7 days+0.046%+$5 · spread now +0.052%, 7d avg +0.107%
=Together, before fees+0.218%+ Points / potential airdropHyperliquid: Season 2 · farm board+$22 on $10k · with fees, hour by hour
Funding pays, the price is against you. Hyperliquid is 0.055% cheaper against Gate than usual: you would sell low and buy high (spread +0.052% now, against its 7-day average of +0.107%). If the spread goes back, that is −$6 on $10k: about 13 hours of funding at the current rate (+$10 a day). At the pace of the last 7 days (+0.171% in total) that is about 2.3 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.171% in total (about 8.9% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate CRV_USDT | 0.3688 | 0.0100 | pay 0.0100% / 8h | 1h 39m | $2.0M | $1.3M | 50x |
| Short | Hyperliquid CRV | 0.3690 | 0.0448 | get 0.0056% / 1h | 39m 31s | $22.9M | $16.6M | 10x |
Gate CRV_USDT
Hyperliquid CRVFunding history
latest
Range statsloading…
Price spread between the two exchanges
Hyperliquid against Gate. 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
- $73.12
- Price spread: +0.052% → +0.107%
- −$5.55
- Slippage, 4 orders
- −$59.5
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- −$15.92
- Costs to cover
- 0.835%
- Break-even
- 8.5 days
Slippage from Gate: live order book, 3 min ago; Hyperliquid: live order book, 3 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 Gate live order book, 3 min ago | 4.07 bp | 28.3 bp −$28 | 140.7 bp −$1,407 | doesn't fit | doesn't fit |
| Sell Hyperliquid live order book, 3 min ago | 1.22 bp | 10.2 bp −$10 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective CRV/USDC PERP | −0.0228% | 1h | 0.3620 | −1.844% | $78 | $318K | 12x | as long as short |
| Phoenix CRV | −0.0176% | 1h | 0.3688 | −0.003% | $26K | $181K | 10x | as long as short |
| Reya CRVRUSDPERP | −0.0049% | 1h | 0.3683 | −0.146% | $16 | — | 15x | as long as short |
| Deribit CRV_USDC-PERPETUAL | −0.0022% | 1h | 0.3681 | −0.190% | $57K | $48K | 25x | as long as short |
| dYdX CRV-USD | 0.0000% | 1h | 0.3687 | −0.034% | $38K | $4K | 10x | as long as short |
| Kraken Futures PF_CRVUSD | +0.0027% | 1h | 0.3687 | −0.024% | $3.1M | $3.2M | 50x | as long as short |
| Orderly PERP_CRV_USDC | +0.0095% | 8h | 0.3681 | −0.190% | $25K | $1K | 10x | as long as short |
| Lighter CRV | +0.0096% | 1h | 0.3686 | −0.062% | $416K | $702K | 10x | as long as short |
| Aster CRVUSDT | +0.0100% | 8h | 0.3689 | +0.017% | $132K | $186K | 10x | as long as short |
| Pacifica CRV | +0.0100% | 1h | 0.3688 | 0.000% | $381K | $189K | 10x | as long as short |
Injective CRV/USDC PERP
Phoenix CRV
Reya CRVRUSDPERP
Deribit CRV_USDC-PERPETUAL
dYdX CRV-USD
Kraken Futures PF_CRVUSD
Orderly PERP_CRV_USDC
Lighter CRV
Aster CRVUSDT
Pacifica CRVShow all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance CRVUSDT | +0.0100% | 8h | 0.3683 | −0.133% | $25.9M | $57.1M | 75x | as long as short |
| Bybit CRVUSDT | +0.0100% | 8h | 0.3685 | −0.081% | $28.0M | $17.2M | 75x | as long as short |
| OKX CRV-USDT-SWAP | +0.0100% | 8h | 0.3682 | −0.163% | $8.8M | $22.3M | 50x | as long as short |
| Gate CRV_USDTlong | +0.0100% | 8h | 0.3688 | long leg | $2.0M | $1.3M | 50x | |
| MEXC CRV_USDT | +0.0100% | 8h | 0.3682 | −0.163% | $14.8M | $5.5M | 125x | as long as short |
| KuCoin CRVUSDTM | +0.0100% | 8h | 0.3687 | −0.027% | $7.1M | $9.1M | 50x | as long as short |
| Bitget CRVUSDT | +0.0100% | 8h | 0.3688 | 0.000% | $7.0M | $5.6M | 75x | as long as short |
| BingX CRV-USDT | +0.0100% | 8h | 0.3685 | −0.081% | — | $21.6M | — | as long as short |
| Variational Omni CRV | +0.0100% | 8h | 0.3688 | +0.002% | $1.1M | $138K | — | as long as short |
| edgeX CRVUSDC | +0.0100% | 4h | 0.3684 | −0.118% | $38K | $172K | 20x | as long as short |
| GRVT CRV_USDT_Perp | +0.0100% | 8h | 0.3684 | −0.121% | $513K | $437K | 10x | as long as short |
| ApeX Omni CRVUSDT | +0.0100% | 1h | 0.3684 | −0.108% | $61K | $694K | 50x | as long as short |
| SunX CRV-USDT | +0.0100% | 8h | 0.3717 | +0.786% | $2K | $1.3M | 20x | as long as short |
| Extended CRV-USD | +0.0104% | 1h | 0.3682 | −0.153% | $245K | $883K | 25x | as long as short |
| Aevo CRV-PERP | +0.0104% | 1h | 0.3681 | −0.194% | $19K | $9K | 3x | as long as short |
| BloFin CRV-USDT | +0.0220% | 8h | 0.3682 | −0.163% | $1.4M | $4.5M | 75x | as long as short |
| Coinbase International CRV-PERP-INTX | +0.0376% | 1h | 0.3692 | +0.108% | $388K | $4.8M | 50x | as long as short |
| GMX CRV/USD [ETH-USDC] | L +0.0403% / S −0.0160% | 1h | 0.3684 | −0.121% | $219K | — | 100x | as long as short |
| Hyperliquid CRVshort | +0.0448% | 1h | 0.3690 | +0.052% | $22.9M | $16.6M | 10x | |
| Backpack CRV_USDC_PERP | +0.0458% | 1h | 0.3686 | −0.052% | $108K | $362K | 10x | as long as short |
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
Aevo CRV-PERP
BloFin CRV-USDT
Coinbase International CRV-PERP-INTX
GMX CRV/USD [ETH-USDC]
Backpack CRV_USDC_PERP