Funding you earn now, next payment 03:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.067%
Price spread now: Bybit against Hyperliquid−0.284%7-day average −0.168% · you buy dearer than you sell
Net, funding: paid 7d − costs−$68as in the Funding arb table
Net, price: spread back to 7d avg − costs−$60as in the Price arb table
costs, in and out, $10k−$480.483% of the position
Funding, last 7 days−0.197%−$20 on $10k
+Price spread, last 7 days+0.176%+$18 · spread now −0.284%, 7d avg −0.168%
=Together, before fees−0.021%+ Points / potential airdropHyperliquid: Season 2 · farm board−$2 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: Bybit is 0.116% cheaper against Hyperliquid 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 | Hyperliquid CRV | 0.3696 | 0.0100 | pay 0.0013% / 1h | 22m 20s | $22.4M | $14.9M | 10x |
| Short | Bybit CRVUSDT | 0.3686 | 0.0100 | get 0.0100% / 8h | 5h 22m | $27.9M | $17.6M | 75x |
Hyperliquid CRV
Bybit CRVUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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
- $0
- Price spread: −0.284% → −0.168%
- −$11.56
- Slippage, 4 orders
- −$28.28
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$59.84
- Costs to cover
- 0.483%
- Break-even
- never at this rate
Slippage from Hyperliquid: live order book, 11 min ago; Bybit: live order book, 1 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 | 2.18 bp | 7.3 bp −$7 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bybit live order book, 1 min ago | 1.35 bp | 15.3 bp −$15 | 35.5 bp −$355 | 202.4 bp −$20.2K | 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 | |
|---|---|---|---|---|---|---|---|---|
| Phoenix CRV | −0.0065% | 1h | 0.3666 | −0.833% | $26K | $168K | 10x | as long as short |
| Reya CRVRUSDPERP | −0.0048% | 1h | 0.3691 | −0.139% | $16 | — | 15x | as long as short |
| dYdX CRV-USD | 0.0000% | 1h | 0.3695 | −0.034% | $38K | $7K | 10x | as long as short |
| Deribit CRV_USDC-PERPETUAL | 0.0000% | 1h | 0.3688 | −0.230% | $56K | $48K | 25x | as long as short |
| Injective CRV/USDC PERP | +0.0033% | 1h | 0.3670 | −0.717% | $79 | $384K | 12x | as long as short |
| Lighter CRV | +0.0096% | 1h | 0.3688 | −0.222% | $388K | $707K | 10x | as long as short |
| Orderly PERP_CRV_USDC | +0.0097% | 8h | 0.3688 | −0.230% | $25K | $902 | 10x | as long as short |
| Hyperliquid CRVlong | +0.0100% | 1h | 0.3696 | long leg | $22.4M | $14.9M | 10x | |
| Aster CRVUSDT | +0.0100% | 8h | 0.3695 | −0.053% | $132K | $180K | 10x | as long as short |
| Pacifica CRV | +0.0100% | 1h | 0.3693 | −0.095% | $375K | $198K | 10x | as long as short |
Phoenix CRV
Reya CRVRUSDPERP
dYdX CRV-USD
Deribit CRV_USDC-PERPETUAL
Injective CRV/USDC PERP
Lighter CRV
Orderly PERP_CRV_USDC
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 | 0.3688 | −0.241% | $25.5M | $53.9M | 75x | as long as short |
| Bybit CRVUSDTshort | +0.0100% | 8h | 0.3686 | −0.284% | $27.9M | $17.6M | 75x | |
| OKX CRV-USDT-SWAP | +0.0100% | 8h | 0.3686 | −0.284% | $8.9M | $20.6M | 50x | as long as short |
| Gate CRV_USDT | +0.0100% | 8h | 0.3690 | −0.176% | $1.9M | $1.3M | 50x | as long as short |
| MEXC CRV_USDT | +0.0100% | 8h | 0.3687 | −0.257% | $14.7M | $5.3M | 125x | as long as short |
| KuCoin CRVUSDTM | +0.0100% | 8h | 0.3693 | −0.095% | $6.4M | $8.8M | 50x | as long as short |
| Bitget CRVUSDT | +0.0100% | 8h | 0.3690 | −0.176% | $6.9M | $5.2M | 75x | as long as short |
| BingX CRV-USDC | +0.0100% | 8h | 0.3688 | −0.230% | — | $1.6M | — | as long as short |
| Backpack CRV_USDC_PERP | +0.0100% | 1h | 0.3696 | −0.019% | $101K | $296K | 10x | as long as short |
| Variational Omni CRV | +0.0100% | 8h | 0.3671 | −0.697% | $1.1M | $102K | — | as long as short |
| edgeX CRVUSDC | +0.0100% | 4h | 0.3679 | −0.472% | $38K | $172K | 20x | as long as short |
| GRVT CRV_USDT_Perp | +0.0100% | 8h | 0.3663 | −0.897% | $516K | $429K | 10x | as long as short |
| ApeX Omni CRVUSDT | +0.0100% | 1h | 0.3681 | −0.419% | $53K | $685K | 50x | as long as short |
| SunX CRV-USDT | +0.0100% | 8h | 0.3719 | +0.609% | $1K | $1.2M | 20x | as long as short |
| Extended CRV-USD | +0.0104% | 1h | 0.3687 | −0.256% | $241K | $476K | 25x | as long as short |
| Aevo CRV-PERP | +0.0104% | 1h | 0.3688 | −0.235% | $13K | $6K | 3x | as long as short |
| BloFin CRV-USDT | +0.0220% | 8h | 0.3700 | +0.095% | $1.4M | $4.0M | 75x | as long as short |
| Coinbase International CRV-PERP-INTX | +0.0344% | 1h | 0.3693 | −0.095% | $389K | $4.1M | 50x | as long as short |
| Kraken Futures PF_CRVUSD | +0.0368% | 1h | 0.3692 | −0.118% | $3.1M | $2.6M | 50x | as long as short |
| GMX CRV/USD [ETH-USDC] | L +0.0438% / S −0.0191% | 1h | 0.3687 | −0.263% | $223K | — | 100x | as long as short |
Binance CRVUSDT
OKX CRV-USDT-SWAP
Gate CRV_USDT
MEXC CRV_USDT
KuCoin CRVUSDTM
Bitget CRVUSDT
BingX CRV-USDC
Backpack CRV_USDC_PERP
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
Kraken Futures PF_CRVUSD
GMX CRV/USD [ETH-USDC]