Funding you earn now, next payment 04:00 UTC−0.0036%/8h= −4.0% APRnext payment −$0.05 per $10,000 · paid last 24h −0.064%
Price spread now: Extended against Hyperliquid−0.150%7-day average −0.225% · you buy dearer than you sell
Net, funding: paid 7d − costs−$79as in the Funding arb table
Net, price: spread back to 7d avg − costs−$59as in the Price arb table
costs, in and out, $10k−$670.665% of the position
Funding, last 7 days−0.122%−$12 on $10k
+Price spread, last 4 days (all we have)−0.279%−$28 · spread now −0.150%, 7d avg −0.225%
=Together, before fees−0.402%+ Points / potential airdropHyperliquid: Season 2 · Extended: Active · farm board−$40 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Extended is 0.075% dearer against Hyperliquid than usual: you sell high and buy low (spread −0.150% now, against its 7-day average of −0.225%): +$7 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 6.9 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid CRV | 0.3614 | 0.0140 | pay 0.0018% / 1h | 4m 36s | $21.8M | $14.9M | 10x |
| Short | Extended CRV-USD | 0.3609 | 0.0104 | get 0.0013% / 1h | 4m 36s | $237K | $473K | 25x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Extended 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
- −$7.62
- Price spread: −0.150% → −0.225%
- $7.47
- Slippage, 4 orders
- −$52.5
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$66.65
- Costs to cover
- 0.665%
- Break-even
- never at this rate
Slippage from Hyperliquid: live order book, 8 min ago; Extended: live order book, 53 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, 8 min ago | 1.37 bp | 14.1 bp −$14 | doesn't fit | doesn't fit | doesn't fit |
| Sell Extended live order book, 53 min ago | 7.04 bp | 16.9 bp −$17 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Reya CRVRUSDPERP | −0.0048% | 1h | 0.3608 | −0.179% | $15 | — | 15x | as long as short |
| dYdX CRV-USD | 0.0000% | 1h | 0.3609 | −0.158% | $37K | $8K | 10x | as long as short |
| Phoenix CRV | 0.0000% | 1h | 0.3612 | −0.069% | $26K | $168K | 10x | as long as short |
| Deribit CRV_USDC-PERPETUAL | 0.0000% | 1h | 0.3609 | −0.149% | $55K | $47K | 25x | as long as short |
| Injective CRV/USDC PERP | +0.0033% | 1h | 0.3670 | +1.538% | $79 | $384K | 12x | as long as short |
| Backpack CRV_USDC_PERP | +0.0056% | 1h | 0.3612 | −0.077% | $96K | $299K | 10x | as long as short |
| Lighter CRV | +0.0096% | 1h | 0.3609 | −0.136% | $381K | $711K | 10x | as long as short |
| Orderly PERP_CRV_USDC | +0.0099% | 8h | 0.3609 | −0.149% | $24K | $902 | 10x | as long as short |
| Aster CRVUSDT | +0.0100% | 8h | 0.3608 | −0.168% | $128K | $180K | 10x | as long as short |
| Pacifica CRV | +0.0100% | 1h | 0.3609 | −0.141% | $366K | $198K | 10x | as long as short |
Show all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance CRVUSDT | +0.0100% | 8h | 0.3610 | −0.134% | $24.8M | $54.4M | 75x | as long as short |
| Bybit CRVUSDT | +0.0100% | 8h | 0.3607 | −0.205% | $27.3M | $17.7M | 75x | as long as short |
| OKX CRV-USDT-SWAP | +0.0100% | 8h | 0.3608 | −0.177% | $8.7M | $20.3M | 50x | as long as short |
| Gate CRV_USDT | +0.0100% | 8h | 0.3608 | −0.177% | $1.9M | $1.4M | 50x | as long as short |
| MEXC CRV_USDT | +0.0100% | 8h | 0.3608 | −0.177% | $13.6M | $5.6M | 125x | as long as short |
| KuCoin CRVUSDTM | +0.0100% | 8h | 0.3609 | −0.149% | $6.1M | $8.6M | 50x | as long as short |
| Bitget CRVUSDT | +0.0100% | 8h | 0.3610 | −0.122% | $6.7M | $5.2M | 75x | as long as short |
| BingX CRV-USDC | +0.0100% | 8h | 0.3609 | −0.149% | — | $1.6M | — | as long as short |
| Variational Omni CRV | +0.0100% | 8h | 0.3616 | +0.041% | $1.1M | $101K | — | as long as short |
| edgeX CRVUSDC | +0.0100% | 4h | 0.3621 | +0.191% | $37K | $173K | 20x | as long as short |
| GRVT CRV_USDT_Perp | +0.0100% | 8h | 0.3627 | +0.342% | $506K | $441K | 10x | as long as short |
| ApeX Omni CRVUSDT | +0.0100% | 1h | 0.3621 | +0.183% | $52K | $684K | 50x | as long as short |
| SunX CRV-USDT | +0.0100% | 8h | 0.3678 | +1.760% | $1K | $1.3M | 20x | as long as short |
| Extended CRV-USDshort | +0.0104% | 1h | 0.3609 | −0.150% | $237K | $473K | 25x | |
| Aevo CRV-PERP | +0.0104% | 1h | 0.3610 | −0.111% | $13K | $6K | 3x | as long as short |
| Hyperliquid CRVlong | +0.0140% | 1h | 0.3614 | long leg | $21.8M | $14.9M | 10x | |
| BloFin CRV-USDT | +0.0220% | 8h | 0.3610 | −0.122% | $1.4M | $4.0M | 75x | as long as short |
| Coinbase International CRV-PERP-INTX | +0.0384% | 1h | 0.3611 | −0.094% | $377K | $4.0M | 50x | as long as short |
| GMX CRV/USD [ETH-USDC] | L +0.0416% / S −0.0177% | 1h | 0.3609 | −0.146% | $211K | — | 100x | as long as short |
| Kraken Futures PF_CRVUSD | +0.0701% | 1h | 0.3612 | −0.060% | $3.1M | $2.6M | 50x | as long as short |
Hyperliquid CRV
Extended CRV-USD
Phoenix CRV
Deribit CRV_USDC-PERPETUAL
Injective CRV/USDC PERP
Backpack CRV_USDC_PERP
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-USDC
Variational Omni CRV
edgeX CRVUSDC
GRVT CRV_USDT_Perp
ApeX Omni CRVUSDT
SunX CRV-USDT
BloFin CRV-USDT
Coinbase International CRV-PERP-INTX
GMX CRV/USD [ETH-USDC]
Kraken Futures PF_CRVUSD