Funding you earn now, next payment 06:00 UTC+0.0004%/8h= +0.4% APRnext payment +$0.01 per $10,000 · paid last 24h +0.070%
Price spread now: Hyperliquid against Lighter+0.104%7-day average +0.135% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.230%+$23 on $10k
+Price spread, last 4 days (all we have)+0.113%+$11 · spread now +0.104%, 7d avg +0.135%
=Together, before fees+0.343%+ Points / potential airdropLighter: Season 3 · Hyperliquid: Season 2 · farm board+$34 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Hyperliquid is 0.032% cheaper against Lighter than usual: you would sell low and buy high, −$3 on $10k if it goes back to its 7-day average of +0.135%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter CRV | 0.3575 | 0.0096 | pay 0.0012% / 1h | 42m 37s | $380K | $695K | 10x |
| Short | Hyperliquid CRV | 0.3579 | 0.0100 | get 0.0013% / 1h | 42m 37s | $21.1M | $15.8M | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Hyperliquid against Lighter. 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
- $0.84
- Price spread: +0.104% → +0.135%
- −$3.17
- Slippage, 4 orders
- no order book: not counted
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- −$11.33
- Costs to cover
- 0.090%
- Break-even
- 101.4 days
Slippage unknown: Lighter: live order book, 2 min ago; Hyperliquid: live order book, 10 min ago. 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 Lighter live order book, 2 min ago | 3.49 bp | 4.6 bp −$5 | 28.8 bp −$288 | doesn't fit | doesn't fit |
| Sell Hyperliquid live order book, 10 min ago | 0.14 bp | doesn't fit | 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 | 0.3550 | −0.693% | $15 | — | 15x | as long as short |
| Deribit CRV_USDC-PERPETUAL | −0.0029% | 1h | 0.3579 | +0.117% | $54K | $46K | 25x | as long as short |
| Backpack CRV_USDC_PERP | −0.0004% | 1h | 0.3580 | +0.151% | $94K | $259K | 10x | as long as short |
| dYdX CRV-USD | 0.0000% | 1h | 0.3576 | +0.038% | $37K | $8K | 10x | as long as short |
| Injective CRV/USDC PERP | +0.0033% | 1h | 0.3670 | +2.663% | $79 | $384K | 12x | as long as short |
| Phoenix CRV | +0.0045% | 1h | 0.3587 | +0.352% | $26K | $177K | 10x | as long as short |
| Lighter CRVlong | +0.0096% | 1h | 0.3575 | long leg | $380K | $695K | 10x | |
| Variational Omni CRV | +0.0098% | 8h | 0.3582 | +0.198% | $1.1M | $94K | — | as long as short |
| Hyperliquid CRVshort | +0.0100% | 1h | 0.3579 | +0.104% | $21.1M | $15.8M | 10x | |
| Aster CRVUSDT | +0.0100% | 8h | 0.3551 | −0.672% | $126K | $193K | 10x | as long as short |
Show all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Pacifica CRV | +0.0100% | 1h | 0.3574 | −0.025% | $363K | $198K | 10x | as long as short |
| Binance CRVUSDT | +0.0100% | 8h | 0.3551 | −0.662% | $24.5M | $55.9M | 75x | as long as short |
| Bybit CRVUSDT | +0.0100% | 8h | 0.3548 | −0.750% | $26.7M | $18.7M | 75x | as long as short |
| OKX CRV-USDT-SWAP | +0.0100% | 8h | 0.3550 | −0.694% | $8.7M | $19.7M | 50x | as long as short |
| Gate CRV_USDT | +0.0100% | 8h | 0.3575 | +0.006% | $1.8M | $1.4M | 50x | as long as short |
| MEXC CRV_USDT | +0.0100% | 8h | 0.3575 | +0.006% | $12.9M | $5.6M | 125x | as long as short |
| KuCoin CRVUSDTM | +0.0100% | 8h | 0.3574 | −0.022% | $6.0M | $8.4M | 50x | as long as short |
| Bitget CRVUSDT | +0.0100% | 8h | 0.3553 | −0.610% | $6.6M | $5.3M | 75x | as long as short |
| BingX CRV-USDT | +0.0100% | 8h | 0.3573 | −0.050% | — | $23.5M | — | as long as short |
| edgeX CRVUSDC | +0.0100% | 4h | 0.3587 | +0.342% | $37K | $174K | 20x | as long as short |
| GRVT CRV_USDT_Perp | +0.0100% | 8h | 0.3590 | +0.425% | $504K | $443K | 10x | as long as short |
| ApeX Omni CRVUSDT | +0.0100% | 1h | 0.3590 | +0.425% | $54K | $683K | 50x | as long as short |
| Orderly PERP_CRV_USDC | +0.0100% | 8h | 0.3579 | +0.117% | $24K | $902 | 10x | as long as short |
| SunX CRV-USDT | +0.0100% | 8h | 0.3644 | +1.936% | $1K | $1.3M | 20x | as long as short |
| Extended CRV-USD | +0.0104% | 1h | 0.3573 | −0.061% | $253K | $497K | 25x | as long as short |
| Aevo CRV-PERP | +0.0104% | 1h | 0.3577 | +0.062% | $13K | $6K | 3x | as long as short |
| BloFin CRV-USDT | +0.0220% | 8h | 0.3578 | +0.090% | $1.4M | $3.9M | 75x | as long as short |
| GMX CRV/USD [ETH-USDC] | L +0.0415% / S −0.0177% | 1h | 0.3578 | +0.100% | $209K | — | 100x | as long as short |
| Coinbase International CRV-PERP-INTX | +0.0432% | 1h | 0.3593 | +0.509% | $357K | $4.1M | 50x | as long as short |
| Kraken Futures PF_CRVUSD | +0.0679% | 1h | 0.3582 | +0.198% | $3.0M | $2.6M | 50x | as long as short |
Lighter CRV
Hyperliquid CRV
Deribit CRV_USDC-PERPETUAL
Backpack CRV_USDC_PERP
Injective CRV/USDC PERP
Phoenix CRV
Variational Omni 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-USDT
edgeX CRVUSDC
GRVT CRV_USDT_Perp
ApeX Omni CRVUSDT
SunX CRV-USDT
Extended CRV-USD
BloFin CRV-USDT
GMX CRV/USD [ETH-USDC]
Coinbase International CRV-PERP-INTX
Kraken Futures PF_CRVUSD