Funding you earn now, next payment 01:00 UTC+0.0211%/8h= +23.1% APRpaid last 24h +0.065%
Price spread now: Hyperliquid against KuCoin+0.188%7-day average +0.068% · you sell dearer than you buy
Net, funding: paid 7d − costs−$63as in the Funding arb table
Net, price: spread back to 7d avg − costs−$66as in the Price arb table
costs, in and out, $10k−$780.784% of the position
Funding, last 7 days+0.152%+$15 on $10k
+Price spread, last 7 days−0.209%−$21 · spread now +0.188%, 7d avg +0.068%
=Together, before fees−0.057%+ Points / potential airdropHyperliquid: Season 2 · farm board−$6 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$6 a day on $10k at the current rate, and Hyperliquid is 0.119% dearer against KuCoin than usual: you sell high and buy low: +$12 more if the spread goes back to its 7-day average of +0.068%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin CRVUSDTM | 0.3676 | 0.0100 | pay 0.0100% / 8h | 7h 15m | $6.6M | $9.2M | 50x |
| Short | Hyperliquid CRV | 0.3683 | 0.0311 | get 0.0039% / 1h | 15m 25s | $22.8M | $16.5M | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Hyperliquid against KuCoin. 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
- $44.36
- Price spread: +0.188% → +0.068%
- $11.93
- Slippage, 4 orders
- −$57.35
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- −$22.07
- Costs to cover
- 0.784%
- Break-even
- 10.5 days
Slippage from KuCoin: live order book, 3 min ago; Hyperliquid: live order book, 8 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 KuCoin live order book, 3 min ago | 2.72 bp | 16.5 bp −$17 | 105.2 bp −$1,052 | doesn't fit | doesn't fit |
| Sell Hyperliquid live order book, 8 min ago | 0.27 bp | 11.4 bp −$11 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Phoenix CRV | −0.0087% | 1h | 0.3668 | −0.229% | $26K | $168K | 10x | as long as short |
| Reya CRVRUSDPERP | −0.0048% | 1h | 0.3677 | +0.026% | $16 | — | 15x | as long as short |
| Deribit CRV_USDC-PERPETUAL | −0.0022% | 1h | 0.3674 | −0.054% | $57K | $50K | 25x | as long as short |
| dYdX CRV-USD | 0.0000% | 1h | 0.3675 | −0.016% | $38K | $5K | 10x | as long as short |
| Injective CRV/USDC PERP | +0.0033% | 1h | 0.3670 | −0.163% | $79 | $384K | 12x | as long as short |
| Kraken Futures PF_CRVUSD | +0.0088% | 1h | 0.3681 | +0.130% | $3.1M | $2.8M | 50x | as long as short |
| Lighter CRV | +0.0096% | 1h | 0.3675 | −0.035% | $410K | $727K | 10x | as long as short |
| Orderly PERP_CRV_USDC | +0.0096% | 8h | 0.3675 | −0.027% | $24K | $929 | 10x | as long as short |
| Aster CRVUSDT | +0.0100% | 8h | 0.3676 | −0.010% | $131K | $182K | 10x | as long as short |
| Pacifica CRV | +0.0100% | 1h | 0.3675 | −0.027% | $374K | $211K | 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 | 0.3678 | +0.048% | $25.7M | $55.8M | 75x | as long as short |
| Bybit CRVUSDT | +0.0100% | 8h | 0.3677 | +0.027% | $28.1M | $17.6M | 75x | as long as short |
| OKX CRV-USDT-SWAP | +0.0100% | 8h | 0.3676 | 0.000% | $8.8M | $21.5M | 50x | as long as short |
| Gate CRV_USDT | +0.0100% | 8h | 0.3675 | −0.027% | $1.9M | $1.3M | 50x | as long as short |
| MEXC CRV_USDT | +0.0100% | 8h | 0.3677 | +0.027% | $15.2M | $5.2M | 125x | as long as short |
| KuCoin CRVUSDTMlong | +0.0100% | 8h | 0.3676 | long leg | $6.6M | $9.2M | 50x | |
| Bitget CRVUSDT | +0.0100% | 8h | 0.3681 | +0.136% | $7.0M | $5.6M | 75x | as long as short |
| BingX CRV-USDC | +0.0100% | 8h | 0.3676 | 0.000% | — | $1.7M | — | as long as short |
| Variational Omni CRV | +0.0100% | 8h | 0.3674 | −0.056% | $1.1M | $114K | — | as long as short |
| edgeX CRVUSDC | +0.0100% | 4h | 0.3668 | −0.222% | $38K | $173K | 20x | as long as short |
| GRVT CRV_USDT_Perp | +0.0100% | 8h | 0.3669 | −0.184% | $518K | $417K | 10x | as long as short |
| ApeX Omni CRVUSDT | +0.0100% | 1h | 0.3671 | −0.136% | $53K | $698K | 50x | as long as short |
| SunX CRV-USDT | +0.0100% | 8h | 0.3714 | +1.034% | $2K | $1.3M | 20x | as long as short |
| Extended CRV-USD | +0.0104% | 1h | 0.3674 | −0.049% | $244K | $894K | 25x | as long as short |
| Aevo CRV-PERP | +0.0104% | 1h | 0.3676 | −0.008% | $13K | $6K | 3x | as long as short |
| BloFin CRV-USDT | +0.0220% | 8h | 0.3665 | −0.299% | $1.4M | $4.3M | 75x | as long as short |
| Hyperliquid CRVshort | +0.0311% | 1h | 0.3683 | +0.188% | $22.8M | $16.5M | 10x | |
| Coinbase International CRV-PERP-INTX | +0.0384% | 1h | 0.3679 | +0.082% | $390K | $4.7M | 50x | as long as short |
| GMX CRV/USD [ETH-USDC] | L +0.0417% / S −0.0174% | 1h | 0.3674 | −0.052% | $218K | — | 100x | as long as short |
| Backpack CRV_USDC_PERP | +0.0545% | 1h | 0.3680 | +0.112% | $99K | $295K | 10x | as long as short |
KuCoin CRVUSDTM
Hyperliquid CRV
Phoenix CRV
Deribit CRV_USDC-PERPETUAL
Injective CRV/USDC PERP
Kraken Futures PF_CRVUSD
Lighter CRV
Aster CRVUSDT
Pacifica CRV
Binance CRVUSDT
Bybit CRVUSDT
OKX CRV-USDT-SWAP
Gate CRV_USDT
MEXC CRV_USDT
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
Coinbase International CRV-PERP-INTX
GMX CRV/USD [ETH-USDC]
Backpack CRV_USDC_PERP