Funding you earn now, next payment 22:00 UTC−0.0194%/8h= −21.3% APRnext payment −$0.24 per $10,000 · paid last 24h −0.072%
Price spread now: ApeX Omni against Hyperliquid−0.121%7-day average −0.107% · you buy dearer than you sell
Net, funding: paid 7d − costs−$66as in the Funding arb table
Net, price: spread back to 7d avg − costs−$56as in the Price arb table
costs, in and out, $10k−$550.548% of the position
Funding, last 7 days−0.110%−$11 on $10k
+Price spread, last 3 days (all we have)+0.484%+$48 · spread now −0.121%, 7d avg −0.107%
=Together, before fees+0.373%+ Points / potential airdropHyperliquid: Season 2 · farm board+$37 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.107%, so right now this pair is about funding alone: −$6 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.110% in total (about -5.7% a year). A funding rate is set anew for every payment; at this rate the next one is about −$0.24 per $10,000. 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 | Hyperliquid CRV | 0.3629 | 0.0294 | pay 0.0037% / 1h | 38m 41s | $22.3M | $17.0M | 10x |
| Short | ApeX Omni CRVUSDT | 0.3625 | 0.0100 | get 0.0013% / 1h | 38m 41s | $60K | $695K | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
ApeX Omni against Hyperliquid. 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
- −$40.77
- Price spread: −0.121% → −0.107%
- −$1.39
- Slippage, 4 orders
- −$35.8
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Net
- −$96.96
- Costs to cover
- 0.548%
- Break-even
- never at this rate
Slippage from Hyperliquid: live order book, 4 min ago; ApeX Omni: live order book, 49 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 Hyperliquid live order book, 4 min ago | 1.65 bp | 11.6 bp −$12 | doesn't fit | doesn't fit | doesn't fit |
| Sell ApeX Omni live order book, 49 min ago | 8.22 bp | 15.2 bp −$15 | 94.4 bp −$944 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit CRV_USDC-PERPETUAL | −0.0855% | 1h | 0.3616 | −0.369% | $57K | $48K | 25x | as long as short |
| Injective CRV/USDC PERP | −0.0103% | 1h | 0.3630 | +0.017% | $78 | $265K | 12x | as long as short |
| Reya CRVRUSDPERP | −0.0049% | 1h | 0.3617 | −0.332% | $16 | — | 15x | as long as short |
| dYdX CRV-USD | 0.0000% | 1h | 0.3626 | −0.101% | $37K | $4K | 10x | as long as short |
| Phoenix CRV | 0.0000% | 1h | 0.3623 | −0.185% | $26K | $193K | 10x | as long as short |
| Orderly PERP_CRV_USDC | +0.0096% | 8h | 0.3619 | −0.287% | $24K | $701 | 10x | as long as short |
| Lighter CRV | +0.0096% | 1h | 0.3623 | −0.190% | $411K | $695K | 10x | as long as short |
| Aster CRVUSDT | +0.0100% | 8h | 0.3619 | −0.281% | $129K | $186K | 10x | as long as short |
| Pacifica CRV | +0.0100% | 1h | 0.3623 | −0.174% | $367K | $166K | 10x | as long as short |
| Binance CRVUSDT | +0.0100% | 8h | 0.3622 | −0.204% | $25.3M | $58.4M | 75x | as long as short |
Show all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit CRVUSDT | +0.0100% | 8h | 0.3623 | −0.176% | $27.6M | $17.2M | 75x | as long as short |
| OKX CRV-USDT-SWAP | +0.0100% | 8h | 0.3624 | −0.149% | $8.6M | $22.4M | 50x | as long as short |
| Gate CRV_USDT | +0.0100% | 8h | 0.3624 | −0.149% | $2.0M | $1.3M | 50x | as long as short |
| MEXC CRV_USDT | +0.0100% | 8h | 0.3623 | −0.176% | $14.4M | $5.6M | 125x | as long as short |
| KuCoin CRVUSDTM | +0.0100% | 8h | 0.3621 | −0.231% | $7.0M | $9.2M | 50x | as long as short |
| Bitget CRVUSDT | +0.0100% | 8h | 0.3622 | −0.204% | $6.9M | $5.8M | 75x | as long as short |
| BingX CRV-USDT | +0.0100% | 8h | 0.3622 | −0.204% | — | $21.6M | — | as long as short |
| Variational Omni CRV | +0.0100% | 8h | 0.3624 | −0.162% | $1.1M | $151K | — | as long as short |
| edgeX CRVUSDC | +0.0100% | 4h | 0.3623 | −0.188% | $37K | $172K | 20x | as long as short |
| GRVT CRV_USDT_Perp | +0.0100% | 8h | 0.3620 | −0.251% | $510K | $462K | 10x | as long as short |
| ApeX Omni CRVUSDTshort | +0.0100% | 1h | 0.3625 | −0.121% | $60K | $695K | 50x | |
| SunX CRV-USDT | +0.0100% | 8h | 0.3653 | +0.650% | $1K | $1.3M | 20x | as long as short |
| Extended CRV-USD | +0.0104% | 1h | 0.3616 | −0.359% | $241K | $886K | 25x | as long as short |
| Aevo CRV-PERP | +0.0104% | 1h | 0.3618 | −0.319% | $19K | $9K | 3x | as long as short |
| Kraken Futures PF_CRVUSD | +0.0164% | 1h | 0.3620 | −0.257% | $3.1M | $3.5M | 50x | as long as short |
| BloFin CRV-USDT | +0.0220% | 8h | 0.3618 | −0.314% | $1.4M | $4.7M | 75x | as long as short |
| Hyperliquid CRVlong | +0.0294% | 1h | 0.3629 | long leg | $22.3M | $17.0M | 10x | |
| Coinbase International CRV-PERP-INTX | +0.0384% | 1h | 0.3628 | −0.039% | $388K | $4.8M | 50x | as long as short |
| GMX CRV/USD [ETH-USDC] | L +0.0400% / S −0.0160% | 1h | 0.3619 | −0.282% | $215K | — | 100x | as long as short |
| Backpack CRV_USDC_PERP | +0.0429% | 1h | 0.3619 | −0.281% | $104K | $362K | 10x | as long as short |
Hyperliquid CRV
ApeX Omni CRVUSDT
Deribit CRV_USDC-PERPETUAL
Injective CRV/USDC PERP
Phoenix CRV
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-USDT
Variational Omni CRV
edgeX CRVUSDC
GRVT CRV_USDT_Perp
SunX CRV-USDT
Extended CRV-USD
Kraken Futures PF_CRVUSD
BloFin CRV-USDT
Coinbase International CRV-PERP-INTX
GMX CRV/USD [ETH-USDC]
Backpack CRV_USDC_PERP