Funding you earn now, next payment 04:00 UTC+0.0002%/8h= +0.2% APRpaid last 24h +0.067%
Price spread now: Hyperliquid against Orderly+0.187%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 5 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 · farm boardneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Hyperliquid is 0.187% dearer against Orderly than usual: you sell high and buy low, +$19 on $10k if it goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Orderly PERP_CRV_USDC | 0.3628 | 0.0098 | pay 0.0098% / 8h | 4h 30m | $24K | $902 | 10x |
| Short | Hyperliquid CRV | 0.3635 | 0.0100 | get 0.0013% / 1h | 30m 56s | $22.0M | $14.9M | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Hyperliquid against Orderly. 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
- $0.39
- Price spread: +0.187% → 0.000%
- $18.74
- Slippage, 4 orders
- no order book: not counted
- Fee Orderly: 3 bp × 2 orders
- −$6
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- $4.14
- Costs to cover
- 0.150%
- Break-even
- from the start
Slippage unknown: Orderly: no order-book sample; Hyperliquid: live order book, 12 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 Orderly no order-book sample | — | — | — | — | — |
| Sell Hyperliquid live order book, 12 min ago | 0.28 bp | 4.8 bp −$5 | doesn't fit | doesn't fit | doesn't fit |
Orderly: 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 CRVRUSDPERP | −0.0048% | 1h | 0.3627 | −0.016% | $16 | — | 15x | as long as short |
| Backpack CRV_USDC_PERP | −0.0028% | 1h | 0.3633 | +0.130% | $97K | $298K | 10x | as long as short |
| dYdX CRV-USD | 0.0000% | 1h | 0.3630 | +0.059% | $37K | $7K | 10x | as long as short |
| Phoenix CRV | 0.0000% | 1h | 0.3618 | −0.267% | $26K | $168K | 10x | as long as short |
| Deribit CRV_USDC-PERPETUAL | +0.0026% | 1h | 0.3628 | 0.000% | $55K | $48K | 25x | as long as short |
| Injective CRV/USDC PERP | +0.0033% | 1h | 0.3670 | +1.158% | $79 | $384K | 12x | as long as short |
| Lighter CRV | +0.0096% | 1h | 0.3627 | −0.019% | $383K | $705K | 10x | as long as short |
| Orderly PERP_CRV_USDClong | +0.0098% | 8h | 0.3628 | long leg | $24K | $902 | 10x | |
| Hyperliquid CRVshort | +0.0100% | 1h | 0.3635 | +0.187% | $22.0M | $14.9M | 10x | |
| Aster CRVUSDT | +0.0100% | 8h | 0.3631 | +0.074% | $129K | $180K | 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 | 0.3632 | +0.109% | $369K | $198K | 10x | as long as short |
| Binance CRVUSDT | +0.0100% | 8h | 0.3637 | +0.255% | $25.1M | $54.5M | 75x | as long as short |
| Bybit CRVUSDT | +0.0100% | 8h | 0.3635 | +0.193% | $27.5M | $17.7M | 75x | as long as short |
| OKX CRV-USDT-SWAP | +0.0100% | 8h | 0.3636 | +0.221% | $8.7M | $20.4M | 50x | as long as short |
| Gate CRV_USDT | +0.0100% | 8h | 0.3638 | +0.276% | $1.9M | $1.3M | 50x | as long as short |
| MEXC CRV_USDT | +0.0100% | 8h | 0.3636 | +0.221% | $13.9M | $5.5M | 125x | as long as short |
| KuCoin CRVUSDTM | +0.0100% | 8h | 0.3637 | +0.248% | $6.2M | $8.7M | 50x | as long as short |
| Bitget CRVUSDT | +0.0100% | 8h | 0.3640 | +0.331% | $6.8M | $5.2M | 75x | as long as short |
| BingX CRV-USDT | +0.0100% | 8h | 0.3638 | +0.276% | — | $23.5M | — | as long as short |
| Variational Omni CRV | +0.0100% | 8h | 0.3625 | −0.086% | $1.1M | $102K | — | as long as short |
| edgeX CRVUSDC | +0.0100% | 4h | 0.3603 | −0.692% | $37K | $173K | 20x | as long as short |
| GRVT CRV_USDT_Perp | +0.0100% | 8h | 0.3609 | −0.518% | $508K | $433K | 10x | as long as short |
| ApeX Omni CRVUSDT | +0.0100% | 1h | 0.3611 | −0.469% | $52K | $686K | 50x | as long as short |
| SunX CRV-USDT | +0.0100% | 8h | 0.3678 | +1.378% | $2K | $1.3M | 20x | as long as short |
| Extended CRV-USD | +0.0104% | 1h | 0.3634 | +0.166% | $238K | $480K | 25x | as long as short |
| Aevo CRV-PERP | +0.0104% | 1h | 0.3628 | −0.004% | $13K | $6K | 3x | as long as short |
| BloFin CRV-USDT | +0.0220% | 8h | 0.3632 | +0.110% | $1.4M | $4.0M | 75x | as long as short |
| Coinbase International CRV-PERP-INTX | +0.0384% | 1h | 0.3631 | +0.083% | $381K | $4.0M | 50x | as long as short |
| GMX CRV/USD [ETH-USDC] | L +0.0417% / S −0.0177% | 1h | 0.3628 | −0.010% | $212K | — | 100x | as long as short |
| Kraken Futures PF_CRVUSD | +0.0697% | 1h | 0.3631 | +0.085% | $3.1M | $2.5M | 50x | as long as short |
Hyperliquid CRV
Backpack CRV_USDC_PERP
Phoenix CRV
Deribit CRV_USDC-PERPETUAL
Injective 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-USDT
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]
Kraken Futures PF_CRVUSD