Funding you earn now, next payment 00:00 UTC−0.0049%/8h= −5.3% APRpaid last 24h −0.087%
Price spread now: GRVT against Hyperliquid−0.082%7-day average −0.135% · you buy dearer than you sell
Net, funding: paid 7d − costs−$291as in the Funding arb table
Net, price: spread back to 7d avg − costs−$274as in the Price arb table
costs, in and out, $10k−$2802.795% of the position
Funding, last 7 days−0.116%−$12 on $10k
+Price spread, last 3 days (all we have)+0.239%+$24 · spread now −0.082%, 7d avg −0.135%
=Together, before fees+0.123%+ Points / potential airdropHyperliquid: Season 2 · GRVT: Active · farm board+$12 on $10k · with fees, hour by hour
The price spread pays, funding is against you. GRVT is 0.053% dearer against Hyperliquid than usual: you sell high and buy low (spread −0.082% now, against its 7-day average of −0.135%): +$5 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 3.6 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid CRV | 0.3659 | 0.0149 | pay 0.0019% / 1h | 11m 15s | $22.7M | $16.5M | 10x |
| Short | GRVT CRV_USDT_Perp | 0.3656 | 0.0100 | get 0.0100% / 8h | 11m 15s | $512K | $431K | 10x |
Hyperliquid CRV
GRVT CRV_USDT_PerpFunding history
latest
Range statsloading…
Price spread between the two exchanges
GRVT 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
- −$10.2
- Price spread: −0.082% → −0.135%
- $5.27
- Slippage, 4 orders
- −$261.53
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Net
- −$284.47
- Costs to cover
- 2.795%
- Break-even
- never at this rate
Slippage from Hyperliquid: live order book, 12 min ago; GRVT: 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, 12 min ago | 0.68 bp | 12.6 bp −$13 | doesn't fit | doesn't fit | doesn't fit |
| Sell GRVT live order book, 1 min ago | 13.68 bp | 103.4 bp −$103 | 257.1 bp −$2,571 | 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 | −0.0297% | 1h | 0.3653 | −0.178% | $57K | $50K | 25x | as long as short |
| Injective CRV/USDC PERP | −0.0146% | 1h | 0.3670 | +0.287% | $79 | $384K | 12x | as long as short |
| Phoenix CRV | −0.0108% | 1h | 0.3660 | +0.027% | $26K | $176K | 10x | as long as short |
| Reya CRVRUSDPERP | −0.0049% | 1h | 0.3652 | −0.192% | $16 | — | 15x | as long as short |
| dYdX CRV-USD | 0.0000% | 1h | 0.3662 | +0.060% | $38K | $5K | 10x | as long as short |
| Orderly PERP_CRV_USDC | +0.0096% | 8h | 0.3654 | −0.150% | $24K | $929 | 10x | as long as short |
| Lighter CRV | +0.0096% | 1h | 0.3654 | −0.150% | $414K | $737K | 10x | as long as short |
| Aster CRVUSDT | +0.0100% | 8h | 0.3656 | −0.108% | $130K | $184K | 10x | as long as short |
| Pacifica CRV | +0.0100% | 1h | 0.3660 | +0.010% | $369K | $208K | 10x | as long as short |
| Binance CRVUSDT | +0.0100% | 8h | 0.3653 | −0.178% | $25.6M | $56.2M | 75x | as long as short |
Deribit CRV_USDC-PERPETUAL
Injective CRV/USDC PERP
Phoenix CRV
Reya CRVRUSDPERP
dYdX CRV-USD
Orderly PERP_CRV_USDC
Lighter CRV
Aster CRVUSDT
Pacifica CRV
Binance CRVUSDTShow all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit CRVUSDT | +0.0100% | 8h | 0.3654 | −0.150% | $27.7M | $17.3M | 75x | as long as short |
| OKX CRV-USDT-SWAP | +0.0100% | 8h | 0.3652 | −0.205% | $8.8M | $21.5M | 50x | as long as short |
| Gate CRV_USDT | +0.0100% | 8h | 0.3656 | −0.096% | $1.9M | $1.3M | 50x | as long as short |
| MEXC CRV_USDT | +0.0100% | 8h | 0.3654 | −0.150% | $14.4M | $5.3M | 125x | as long as short |
| KuCoin CRVUSDTM | +0.0100% | 8h | 0.3657 | −0.068% | $7.3M | $9.1M | 50x | as long as short |
| Bitget CRVUSDT | +0.0100% | 8h | 0.3657 | −0.068% | $6.9M | $5.6M | 75x | as long as short |
| BingX CRV-USDC | +0.0100% | 8h | 0.3654 | −0.150% | — | $1.7M | — | as long as short |
| Variational Omni CRV | +0.0100% | 8h | 0.3652 | −0.206% | $1.1M | $111K | — | as long as short |
| edgeX CRVUSDC | +0.0100% | 4h | 0.3660 | +0.012% | $38K | $172K | 20x | as long as short |
| GRVT CRV_USDT_Perpshort | +0.0100% | 8h | 0.3656 | −0.082% | $512K | $431K | 10x | |
| ApeX Omni CRVUSDT | +0.0100% | 1h | 0.3659 | −0.014% | $60K | $696K | 50x | as long as short |
| SunX CRV-USDT | +0.0100% | 8h | 0.3674 | +0.396% | $2K | $1.3M | 20x | as long as short |
| Extended CRV-USD | +0.0104% | 1h | 0.3652 | −0.197% | $243K | $881K | 25x | as long as short |
| Aevo CRV-PERP | +0.0104% | 1h | 0.3654 | −0.150% | $19K | $9K | 3x | as long as short |
| Hyperliquid CRVlong | +0.0149% | 1h | 0.3659 | long leg | $22.7M | $16.5M | 10x | |
| Kraken Futures PF_CRVUSD | +0.0156% | 1h | 0.3656 | −0.085% | $3.1M | $2.9M | 50x | as long as short |
| BloFin CRV-USDT | +0.0220% | 8h | 0.3657 | −0.068% | $1.4M | $4.4M | 75x | as long as short |
| Coinbase International CRV-PERP-INTX | +0.0384% | 1h | 0.3665 | +0.150% | $385K | $4.7M | 50x | as long as short |
| GMX CRV/USD [ETH-USDC] | L +0.0438% / S −0.0188% | 1h | 0.3654 | −0.139% | $229K | — | 100x | as long as short |
| Backpack CRV_USDC_PERP | +0.0515% | 1h | 0.3656 | −0.107% | $106K | $291K | 10x | as long as short |
Bybit CRVUSDT
OKX CRV-USDT-SWAP
Gate CRV_USDT
MEXC CRV_USDT
KuCoin CRVUSDTM
Bitget CRVUSDT
BingX CRV-USDC
Variational Omni CRV
edgeX CRVUSDC
ApeX Omni CRVUSDT
SunX CRV-USDT
Extended CRV-USD
Aevo CRV-PERP
Kraken Futures PF_CRVUSD
BloFin CRV-USDT
Coinbase International CRV-PERP-INTX
GMX CRV/USD [ETH-USDC]
Backpack CRV_USDC_PERP