Funding you earn now, next payment 00:00 UTC−0.0050%/8h= −5.5% APRpaid last 24h −0.067%
Price spread now: Binance against Hyperliquid−0.153%7-day average −0.133% · you buy dearer than you sell
Net, funding: paid 7d − costs−$67as in the Funding arb table
Net, price: spread back to 7d avg − costs−$50as in the Price arb table
costs, in and out, $10k−$480.484% of the position
Funding, last 7 days−0.186%−$19 on $10k
+Price spread, last 7 days+0.050%+$5 · spread now −0.153%, 7d avg −0.133%
=Together, before fees−0.136%+ Points / potential airdropHyperliquid: Season 2 · farm board−$14 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.133%, so right now this pair is about funding alone: −$2 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid CRV | 0.3664 | 0.0150 | pay 0.0019% / 1h | 12m 04s | $22.7M | $16.5M | 10x |
| Short | Binance CRVUSDT | 0.3658 | 0.0100 | get 0.0100% / 8h | 12m 04s | $25.6M | $56.2M | 75x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Binance 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
- −$10.52
- Price spread: −0.153% → −0.133%
- −$1.97
- Slippage, 4 orders
- −$29.43
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$60.93
- Costs to cover
- 0.484%
- Break-even
- never at this rate
Slippage from Hyperliquid: live order book, 11 min ago; Binance: live order book, 15 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, 11 min ago | 0.68 bp | 12.6 bp −$13 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 15 min ago | 1.36 bp | 13.3 bp −$13 | 25.7 bp −$257 | 94.6 bp −$9,458 | 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 | −0.0146% | 1h | 0.3670 | +0.175% | $79 | $384K | 12x | as long as short |
| Phoenix CRV | −0.0108% | 1h | 0.3653 | −0.289% | $26K | $176K | 10x | as long as short |
| Reya CRVRUSDPERP | −0.0049% | 1h | 0.3659 | −0.126% | $16 | — | 15x | as long as short |
| Deribit CRV_USDC-PERPETUAL | −0.0023% | 1h | 0.3659 | −0.126% | $57K | $48K | 25x | as long as short |
| dYdX CRV-USD | 0.0000% | 1h | 0.3662 | −0.052% | $38K | $5K | 10x | as long as short |
| Orderly PERP_CRV_USDC | +0.0096% | 8h | 0.3659 | −0.126% | $24K | $929 | 10x | as long as short |
| Lighter CRV | +0.0096% | 1h | 0.3659 | −0.128% | $414K | $737K | 10x | as long as short |
| Aster CRVUSDT | +0.0100% | 8h | 0.3659 | −0.136% | $130K | $184K | 10x | as long as short |
| Pacifica CRV | +0.0100% | 1h | 0.3658 | −0.151% | $369K | $208K | 10x | as long as short |
| Binance CRVUSDTshort | +0.0100% | 8h | 0.3658 | −0.153% | $25.6M | $56.2M | 75x |
Show all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit CRVUSDT | +0.0100% | 8h | 0.3662 | −0.044% | $27.8M | $17.3M | 75x | as long as short |
| OKX CRV-USDT-SWAP | +0.0100% | 8h | 0.3662 | −0.044% | $8.8M | $21.6M | 50x | as long as short |
| Gate CRV_USDT | +0.0100% | 8h | 0.3661 | −0.071% | $1.9M | $1.3M | 50x | as long as short |
| MEXC CRV_USDT | +0.0100% | 8h | 0.3658 | −0.153% | $14.4M | $5.3M | 125x | as long as short |
| KuCoin CRVUSDTM | +0.0100% | 8h | 0.3663 | −0.016% | $7.3M | $9.1M | 50x | as long as short |
| Bitget CRVUSDT | +0.0100% | 8h | 0.3662 | −0.044% | $6.9M | $5.6M | 75x | as long as short |
| BingX CRV-USDC | +0.0100% | 8h | 0.3659 | −0.126% | — | $1.7M | — | as long as short |
| Variational Omni CRV | +0.0100% | 8h | 0.3651 | −0.345% | $1.1M | $111K | — | as long as short |
| edgeX CRVUSDC | +0.0100% | 4h | 0.3650 | −0.368% | $38K | $173K | 20x | as long as short |
| GRVT CRV_USDT_Perp | +0.0100% | 8h | 0.3650 | −0.383% | $511K | $431K | 10x | as long as short |
| ApeX Omni CRVUSDT | +0.0100% | 1h | 0.3653 | −0.289% | $60K | $696K | 50x | as long as short |
| SunX CRV-USDT | +0.0100% | 8h | 0.3678 | +0.393% | $1K | $1.3M | 20x | as long as short |
| Extended CRV-USD | +0.0104% | 1h | 0.3658 | −0.165% | $243K | $881K | 25x | as long as short |
| Aevo CRV-PERP | +0.0104% | 1h | 0.3659 | −0.133% | $19K | $9K | 3x | as long as short |
| Hyperliquid CRVlong | +0.0150% | 1h | 0.3664 | long leg | $22.7M | $16.5M | 10x | |
| Kraken Futures PF_CRVUSD | +0.0156% | 1h | 0.3661 | −0.083% | $3.1M | $2.9M | 50x | as long as short |
| BloFin CRV-USDT | +0.0220% | 8h | 0.3662 | −0.044% | $1.4M | $4.4M | 75x | as long as short |
| Coinbase International CRV-PERP-INTX | +0.0384% | 1h | 0.3665 | +0.038% | $385K | $4.7M | 50x | as long as short |
| GMX CRV/USD [ETH-USDC] | L +0.0438% / S −0.0187% | 1h | 0.3661 | −0.084% | $229K | — | 100x | as long as short |
| Backpack CRV_USDC_PERP | +0.0522% | 1h | 0.3663 | −0.022% | $107K | $291K | 10x | as long as short |
Hyperliquid CRV
Binance CRVUSDT
Injective CRV/USDC PERP
Phoenix CRV
Deribit CRV_USDC-PERPETUAL
Lighter CRV
Aster CRVUSDT
Pacifica CRV
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
ApeX Omni CRVUSDT
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