Funding you earn now, next payment 05:00 UTC−0.0333%/8h= −36.5% APRpaid last 24h −0.066%
Price spread now: edgeX against Hyperliquid−0.111%7-day average −0.197% · you buy dearer than you sell
Net, funding: paid 7d − costs−$84as in the Funding arb table
Net, price: spread back to 7d avg − costs−$66as in the Price arb table
costs, in and out, $10k−$740.744% of the position
Funding, last 7 days−0.100%−$10 on $10k
+Price spread, last 4 days (all we have)+0.292%+$29 · spread now −0.111%, 7d avg −0.197%
=Together, before fees+0.193%+ Points / potential airdropHyperliquid: Season 2 · edgeX: Active · farm board+$19 on $10k · with fees, hour by hour
The price spread pays, funding is against you. edgeX is 0.087% dearer against Hyperliquid than usual: you sell high and buy low (spread −0.111% now, against its 7-day average of −0.197%): +$9 on $10k if it goes back. Holding the pair costs −$10 a day in funding at the current rate, which eats that in about 21 hours. At the pace of the last 7 days (−0.100% in total) that is about 6.1 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.100% in total (about -5.2% 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 | Hyperliquid CRV | 0.3628 | 0.0433 | pay 0.0054% / 1h | 13m 21s | $21.9M | $15.0M | 10x |
| Short | edgeX CRVUSDC | 0.3623 | 0.0100 | get 0.0050% / 4h | 3h 13m | $37K | $174K | 20x |
Hyperliquid CRV
edgeX CRVUSDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX 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
- −$69.93
- Price spread: −0.111% → −0.197%
- $8.67
- Slippage, 4 orders
- −$56.45
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- −$135.71
- Costs to cover
- 0.744%
- Break-even
- never at this rate
Slippage from Hyperliquid: live order book, 10 min ago; edgeX: live order book, 38 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, 10 min ago | 1.66 bp | 10.9 bp −$11 | doesn't fit | doesn't fit | doesn't fit |
| Sell edgeX live order book, 38 min ago | 21.95 bp | 26.4 bp −$26 | 70.2 bp −$702 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Reya CRVRUSDPERP | −0.0048% | 1h | 0.3621 | −0.182% | $16 | — | 15x | as long as short |
| dYdX CRV-USD | 0.0000% | 1h | 0.3621 | −0.188% | $37K | $8K | 10x | as long as short |
| Deribit CRV_USDC-PERPETUAL | 0.0000% | 1h | 0.3620 | −0.207% | $55K | $46K | 25x | as long as short |
| Injective CRV/USDC PERP | +0.0033% | 1h | 0.3670 | +1.172% | $79 | $384K | 12x | as long as short |
| Phoenix CRV | +0.0044% | 1h | 0.3622 | −0.163% | $26K | $176K | 10x | as long as short |
| Lighter CRV | +0.0096% | 1h | 0.3620 | −0.201% | $383K | $704K | 10x | as long as short |
| Aster CRVUSDT | +0.0100% | 8h | 0.3623 | −0.117% | $129K | $180K | 10x | as long as short |
| Pacifica CRV | +0.0100% | 1h | 0.3620 | −0.200% | $367K | $198K | 10x | as long as short |
| Binance CRVUSDT | +0.0100% | 8h | 0.3622 | −0.142% | $25.2M | $54.9M | 75x | as long as short |
| Bybit CRVUSDT | +0.0100% | 8h | 0.3619 | −0.234% | $27.4M | $17.7M | 75x | as long as short |
Reya CRVRUSDPERP
dYdX CRV-USD
Deribit CRV_USDC-PERPETUAL
Injective CRV/USDC PERP
Phoenix CRV
Lighter CRV
Aster CRVUSDT
Pacifica CRV
Binance CRVUSDT
Bybit CRVUSDTShow all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX CRV-USDT-SWAP | +0.0100% | 8h | 0.3619 | −0.234% | $8.8M | $19.9M | 50x | as long as short |
| Gate CRV_USDT | +0.0100% | 8h | 0.3623 | −0.124% | $1.9M | $1.4M | 50x | as long as short |
| MEXC CRV_USDT | +0.0100% | 8h | 0.3621 | −0.179% | $13.4M | $5.6M | 125x | as long as short |
| KuCoin CRVUSDTM | +0.0100% | 8h | 0.3623 | −0.124% | $6.1M | $8.5M | 50x | as long as short |
| Bitget CRVUSDT | +0.0100% | 8h | 0.3621 | −0.179% | $6.8M | $5.1M | 75x | as long as short |
| BingX CRV-USDT | +0.0100% | 8h | 0.3622 | −0.152% | — | $23.5M | — | as long as short |
| Backpack CRV_USDC_PERP | +0.0100% | 1h | 0.3622 | −0.154% | $99K | $258K | 10x | as long as short |
| Variational Omni CRV | +0.0100% | 8h | 0.3622 | −0.155% | $1.1M | $93K | — | as long as short |
| edgeX CRVUSDCshort | +0.0100% | 4h | 0.3623 | −0.111% | $37K | $174K | 20x | |
| GRVT CRV_USDT_Perp | +0.0100% | 8h | 0.3624 | −0.095% | $512K | $440K | 10x | as long as short |
| ApeX Omni CRVUSDT | +0.0100% | 1h | 0.3631 | +0.096% | $54K | $685K | 50x | as long as short |
| Orderly PERP_CRV_USDC | +0.0100% | 8h | 0.3619 | −0.234% | $24K | $902 | 10x | as long as short |
| SunX CRV-USDT | +0.0100% | 8h | 0.3664 | +1.006% | $1K | $1.3M | 20x | as long as short |
| Extended CRV-USD | +0.0104% | 1h | 0.3618 | −0.270% | $257K | $495K | 25x | as long as short |
| Aevo CRV-PERP | +0.0104% | 1h | 0.3620 | −0.209% | $13K | $6K | 3x | as long as short |
| BloFin CRV-USDT | +0.0220% | 8h | 0.3620 | −0.207% | $1.4M | $4.0M | 75x | as long as short |
| GMX CRV/USD [ETH-USDC] | L +0.0417% / S −0.0177% | 1h | 0.3621 | −0.177% | $212K | — | 100x | as long as short |
| Coinbase International CRV-PERP-INTX | +0.0432% | 1h | 0.3622 | −0.152% | $370K | $4.1M | 50x | as long as short |
| Hyperliquid CRVlong | +0.0433% | 1h | 0.3628 | long leg | $21.9M | $15.0M | 10x | |
| Kraken Futures PF_CRVUSD | +0.0726% | 1h | 0.3624 | −0.088% | $3.1M | $2.6M | 50x | as long as short |
OKX CRV-USDT-SWAP
Gate CRV_USDT
MEXC CRV_USDT
KuCoin CRVUSDTM
Bitget CRVUSDT
BingX CRV-USDT
Backpack CRV_USDC_PERP
Variational Omni CRV
GRVT CRV_USDT_Perp
ApeX Omni CRVUSDT
Orderly PERP_CRV_USDC
SunX CRV-USDT
Extended CRV-USD
Aevo CRV-PERP
BloFin CRV-USDT
GMX CRV/USD [ETH-USDC]
Coinbase International CRV-PERP-INTX
Kraken Futures PF_CRVUSD