Funding you earn now, next payment 05:00 UTC−0.0288%/8h= −31.6% APRpaid last 24h −0.066%
Price spread now: Aster against Hyperliquid−0.030%7-day average −0.118% · you buy dearer than you sell
Net, funding: paid 7d − costs−$93as in the Funding arb table
Net, price: spread back to 7d avg − costs−$75as in the Price arb table
costs, in and out, $10k−$830.835% of the position
Funding, last 7 days−0.100%−$10 on $10k
+Price spread, last 4 days (all we have)−0.210%−$21 · spread now −0.030%, 7d avg −0.118%
=Together, before fees−0.309%+ Points / potential airdropHyperliquid: Season 2 · Aster: Stage 5 · farm board−$31 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Aster is 0.088% dearer against Hyperliquid than usual: you sell high and buy low (spread −0.030% now, against its 7-day average of −0.118%): +$9 on $10k if it goes back. Holding the pair costs −$9 a day in funding at the current rate, which eats that in about 24 hours. At the pace of the last 7 days (−0.100% in total) that is about 6.2 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.100% in total (about -5.2% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid CRV | 0.3593 | 0.0388 | pay 0.0049% / 1h | 9m 23s | $21.6M | $15.5M | 10x |
| Short | Aster CRVUSDT | 0.3592 | 0.0100 | get 0.0100% / 8h | 3h 09m | $128K | $180K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Aster 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
- −$60.52
- Price spread: −0.030% → −0.118%
- $8.77
- Slippage, 4 orders
- −$66.47
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- −$135.23
- Costs to cover
- 0.835%
- Break-even
- never at this rate
Slippage from Hyperliquid: live order book, 4 min ago; Aster: live order book, 42 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, 4 min ago | 1.24 bp | 10.6 bp −$11 | doesn't fit | doesn't fit | doesn't fit |
| Sell Aster live order book, 42 min ago | 27.40 bp | 31.4 bp −$31 | 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 | 0.3588 | −0.137% | $15 | — | 15x | as long as short |
| dYdX CRV-USD | 0.0000% | 1h | 0.3591 | −0.040% | $37K | $8K | 10x | as long as short |
| Deribit CRV_USDC-PERPETUAL | 0.0000% | 1h | 0.3592 | −0.022% | $54K | $46K | 25x | as long as short |
| Injective CRV/USDC PERP | +0.0033% | 1h | 0.3670 | +2.149% | $79 | $384K | 12x | as long as short |
| Phoenix CRV | +0.0044% | 1h | 0.3622 | +0.802% | $26K | $176K | 10x | as long as short |
| Lighter CRV | +0.0096% | 1h | 0.3595 | +0.056% | $380K | $705K | 10x | as long as short |
| Aster CRVUSDTshort | +0.0100% | 8h | 0.3592 | −0.030% | $128K | $180K | 10x | |
| Pacifica CRV | +0.0100% | 1h | 0.3595 | +0.048% | $365K | $198K | 10x | as long as short |
| Binance CRVUSDT | +0.0100% | 8h | 0.3590 | −0.090% | $24.8M | $55.2M | 75x | as long as short |
| Bybit CRVUSDT | +0.0100% | 8h | 0.3588 | −0.134% | $27.2M | $17.8M | 75x | as long as short |
Show all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX CRV-USDT-SWAP | +0.0100% | 8h | 0.3588 | −0.134% | $8.7M | $19.8M | 50x | as long as short |
| Gate CRV_USDT | +0.0100% | 8h | 0.3592 | −0.022% | $1.9M | $1.4M | 50x | as long as short |
| MEXC CRV_USDT | +0.0100% | 8h | 0.3590 | −0.078% | $13.0M | $5.7M | 125x | as long as short |
| KuCoin CRVUSDTM | +0.0100% | 8h | 0.3591 | −0.050% | $6.0M | $8.5M | 50x | as long as short |
| Bitget CRVUSDT | +0.0100% | 8h | 0.3592 | −0.022% | $6.7M | $5.2M | 75x | as long as short |
| BingX CRV-USDC | +0.0100% | 8h | 0.3589 | −0.106% | — | $1.6M | — | as long as short |
| Backpack CRV_USDC_PERP | +0.0100% | 1h | 0.3595 | +0.075% | $98K | $258K | 10x | as long as short |
| Variational Omni CRV | +0.0100% | 8h | 0.3596 | +0.084% | $1.1M | $93K | — | as long as short |
| edgeX CRVUSDC | +0.0100% | 4h | 0.3621 | +0.775% | $37K | $173K | 20x | as long as short |
| GRVT CRV_USDT_Perp | +0.0100% | 8h | 0.3627 | +0.951% | $513K | $440K | 10x | as long as short |
| ApeX Omni CRVUSDT | +0.0100% | 1h | 0.3621 | +0.785% | $54K | $685K | 50x | as long as short |
| Orderly PERP_CRV_USDC | +0.0100% | 8h | 0.3589 | −0.106% | $24K | $902 | 10x | as long as short |
| SunX CRV-USDT | +0.0100% | 8h | 0.3636 | +1.202% | $1K | $1.3M | 20x | as long as short |
| Extended CRV-USD | +0.0104% | 1h | 0.3590 | −0.076% | $253K | $497K | 25x | as long as short |
| Aevo CRV-PERP | +0.0104% | 1h | 0.3589 | −0.096% | $13K | $6K | 3x | as long as short |
| BloFin CRV-USDT | +0.0220% | 8h | 0.3600 | +0.200% | $1.4M | $4.0M | 75x | as long as short |
| Hyperliquid CRVlong | +0.0388% | 1h | 0.3593 | long leg | $21.6M | $15.5M | 10x | |
| GMX CRV/USD [ETH-USDC] | L +0.0415% / S −0.0177% | 1h | 0.3589 | −0.111% | $210K | — | 100x | as long as short |
| Coinbase International CRV-PERP-INTX | +0.0432% | 1h | 0.3597 | +0.117% | $357K | $4.1M | 50x | as long as short |
| Kraken Futures PF_CRVUSD | +0.0732% | 1h | 0.3594 | +0.033% | $3.0M | $2.6M | 50x | as long as short |
Hyperliquid CRV
Aster CRVUSDT
Deribit CRV_USDC-PERPETUAL
Injective CRV/USDC PERP
Phoenix CRV
Lighter CRV
Pacifica CRV
Binance CRVUSDT
Bybit CRVUSDT
OKX CRV-USDT-SWAP
Gate CRV_USDT
MEXC CRV_USDT
KuCoin CRVUSDTM
Bitget CRVUSDT
BingX CRV-USDC
Backpack CRV_USDC_PERP
Variational Omni CRV
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