Funding you earn now, next payment 04:00 UTC−0.0202%/8h= −22.1% APRnext payment −$0.25 per $10,000 · paid last 24h −0.110%
Price spread now: Reya against Hyperliquid−0.168%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropHyperliquid: Season 2 · Reya: Active · farm boardneeds both histories
Both sides work against this trade now: funding costs −$6 a day on $10k at the current rate, and Reya is 0.168% cheaper against Hyperliquid than usual: you would sell low and buy high (−$17 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid CRV | 0.3629 | 0.0154 | pay 0.0019% / 1h | 3m 18s | $21.9M | $14.9M | 10x |
| Short | Reya CRVRUSDPERP | 0.3622 | −0.0048 | pay 0.0006% / 1h | 3m 18s | $16 | — | 15x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Reya 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
- −$42.42
- Price spread: −0.168% → 0.000%
- −$16.77
- Slippage, 4 orders
- no order book: not counted
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee Reya: 3 bp × 2 orders
- −$6
- Net
- −$74.19
- Costs to cover
- 0.150%
- Break-even
- never at this rate
Slippage unknown: Hyperliquid: live order book, 10 min ago; Reya: no order-book sample. Net counts fees only.
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 | 1.37 bp | 14.1 bp −$14 | doesn't fit | doesn't fit | doesn't fit |
| Sell Reya no order-book sample | — | — | — | — | — |
Reya: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 CRVRUSDPERPshort | −0.0048% | 1h | 0.3622 | −0.168% | $16 | — | 15x | |
| dYdX CRV-USD | 0.0000% | 1h | 0.3617 | −0.305% | $37K | $8K | 10x | as long as short |
| Phoenix CRV | 0.0000% | 1h | 0.3612 | −0.457% | $26K | $168K | 10x | as long as short |
| Injective CRV/USDC PERP | +0.0033% | 1h | 0.3670 | +1.144% | $79 | $384K | 12x | as long as short |
| Backpack CRV_USDC_PERP | +0.0058% | 1h | 0.3621 | −0.212% | $97K | $299K | 10x | as long as short |
| Lighter CRV | +0.0096% | 1h | 0.3620 | −0.220% | $383K | $711K | 10x | as long as short |
| Orderly PERP_CRV_USDC | +0.0099% | 8h | 0.3623 | −0.152% | $24K | $902 | 10x | as long as short |
| Aster CRVUSDT | +0.0100% | 8h | 0.3621 | −0.219% | $129K | $180K | 10x | as long as short |
| Pacifica CRV | +0.0100% | 1h | 0.3620 | −0.227% | $367K | $198K | 10x | as long as short |
| Binance CRVUSDT | +0.0100% | 8h | 0.3622 | −0.179% | $24.8M | $54.5M | 75x | as long as short |
Show all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit CRVUSDT | +0.0100% | 8h | 0.3619 | −0.262% | $27.4M | $17.7M | 75x | as long as short |
| OKX CRV-USDT-SWAP | +0.0100% | 8h | 0.3621 | −0.207% | $8.7M | $20.4M | 50x | as long as short |
| Gate CRV_USDT | +0.0100% | 8h | 0.3620 | −0.234% | $1.9M | $1.4M | 50x | as long as short |
| MEXC CRV_USDT | +0.0100% | 8h | 0.3620 | −0.234% | $13.6M | $5.6M | 125x | as long as short |
| KuCoin CRVUSDTM | +0.0100% | 8h | 0.3620 | −0.234% | $6.1M | $8.6M | 50x | as long as short |
| Bitget CRVUSDT | +0.0100% | 8h | 0.3627 | −0.041% | $6.8M | $5.2M | 75x | as long as short |
| BingX CRV-USDC | +0.0100% | 8h | 0.3621 | −0.207% | — | $1.6M | — | as long as short |
| Variational Omni CRV | +0.0100% | 8h | 0.3616 | −0.348% | $1.1M | $101K | — | as long as short |
| edgeX CRVUSDC | +0.0100% | 4h | 0.3613 | −0.439% | $37K | $173K | 20x | as long as short |
| GRVT CRV_USDT_Perp | +0.0100% | 8h | 0.3627 | −0.048% | $506K | $441K | 10x | as long as short |
| ApeX Omni CRVUSDT | +0.0100% | 1h | 0.3612 | −0.455% | $52K | $685K | 50x | as long as short |
| SunX CRV-USDT | +0.0100% | 8h | 0.3684 | +1.530% | $2K | $1.3M | 20x | as long as short |
| Extended CRV-USD | +0.0104% | 1h | 0.3621 | −0.207% | $237K | $473K | 25x | as long as short |
| Aevo CRV-PERP | +0.0104% | 1h | 0.3623 | −0.152% | $13K | $6K | 3x | as long as short |
| Hyperliquid CRVlong | +0.0154% | 1h | 0.3629 | long leg | $21.9M | $14.9M | 10x | |
| BloFin CRV-USDT | +0.0220% | 8h | 0.3624 | −0.124% | $1.4M | $4.0M | 75x | as long as short |
| Deribit CRV_USDC-PERPETUAL | +0.0302% | 1h | 0.3624 | −0.124% | $55K | $47K | 25x | as long as short |
| Coinbase International CRV-PERP-INTX | +0.0384% | 1h | 0.3622 | −0.179% | $378K | $4.0M | 50x | as long as short |
| GMX CRV/USD [ETH-USDC] | L +0.0417% / S −0.0177% | 1h | 0.3623 | −0.152% | $212K | — | 100x | as long as short |
| Kraken Futures PF_CRVUSD | +0.0699% | 1h | 0.3623 | −0.141% | $3.1M | $2.6M | 50x | as long as short |
Hyperliquid CRV
Phoenix CRV
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
Extended CRV-USD
BloFin CRV-USDT
Deribit CRV_USDC-PERPETUAL
Coinbase International CRV-PERP-INTX
GMX CRV/USD [ETH-USDC]
Kraken Futures PF_CRVUSD