Settings8H · net · $10k
Funding arb · Price arb /

CRV

all CRV markets
SwapBacktest
Alert: funding
Alert: spread
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
What this pair did over the last
the charts below follow
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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHyperliquid CRV0.35930.0388pay 0.0049% / 1h9m 23s$21.6M$15.5M10x
ShortAster CRVUSDT0.35920.0100get 0.0100% / 8h3h 09m$128K$180K10x

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 it
latest
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
LegHalf-spread$10k$100k$1M$5M
Buy Hyperliquid live order book, 4 min ago1.24 bp10.6 bp −$11doesn't fitdoesn't fitdoesn't fit
Sell Aster live order book, 42 min ago27.40 bp31.4 bp −$31doesn't fitdoesn't fitdoesn't fit

CRV on 30 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Reya CRVRUSDPERP−0.0048%1h0.3588−0.137%$1515xas long as short
dYdX CRV-USD0.0000%1h0.3591−0.040%$37K$8K10xas long as short
Deribit CRV_USDC-PERPETUAL0.0000%1h0.3592−0.022%$54K$46K25xas long as short
Injective CRV/USDC PERP+0.0033%1h0.3670+2.149%$79$384K12xas long as short
Phoenix CRV+0.0044%1h0.3622+0.802%$26K$176K10xas long as short
Lighter CRV+0.0096%1h0.3595+0.056%$380K$705K10xas long as short
Aster CRVUSDTshort+0.0100%8h0.3592−0.030%$128K$180K10x
Pacifica CRV+0.0100%1h0.3595+0.048%$365K$198K10xas long as short
Binance CRVUSDT+0.0100%8h0.3590−0.090%$24.8M$55.2M75xas long as short
Bybit CRVUSDT+0.0100%8h0.3588−0.134%$27.2M$17.8M75xas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX CRV-USDT-SWAP+0.0100%8h0.3588−0.134%$8.7M$19.8M50xas long as short
Gate CRV_USDT+0.0100%8h0.3592−0.022%$1.9M$1.4M50xas long as short
MEXC CRV_USDT+0.0100%8h0.3590−0.078%$13.0M$5.7M125xas long as short
KuCoin CRVUSDTM+0.0100%8h0.3591−0.050%$6.0M$8.5M50xas long as short
Bitget CRVUSDT+0.0100%8h0.3592−0.022%$6.7M$5.2M75xas long as short
BingX CRV-USDC+0.0100%8h0.3589−0.106%$1.6Mas long as short
Backpack CRV_USDC_PERP+0.0100%1h0.3595+0.075%$98K$258K10xas long as short
Variational Omni CRV+0.0100%8h0.3596+0.084%$1.1M$93Kas long as short
edgeX CRVUSDC+0.0100%4h0.3621+0.775%$37K$173K20xas long as short
GRVT CRV_USDT_Perp+0.0100%8h0.3627+0.951%$513K$440K10xas long as short
ApeX Omni CRVUSDT+0.0100%1h0.3621+0.785%$54K$685K50xas long as short
Orderly PERP_CRV_USDC+0.0100%8h0.3589−0.106%$24K$90210xas long as short
SunX CRV-USDT+0.0100%8h0.3636+1.202%$1K$1.3M20xas long as short
Extended CRV-USD+0.0104%1h0.3590−0.076%$253K$497K25xas long as short
Aevo CRV-PERP+0.0104%1h0.3589−0.096%$13K$6K3xas long as short
BloFin CRV-USDT+0.0220%8h0.3600+0.200%$1.4M$4.0M75xas long as short
Hyperliquid CRVlong+0.0388%1h0.3593long leg$21.6M$15.5M10x
GMX CRV/USD [ETH-USDC]L +0.0415% / S −0.0177%1h0.3589−0.111%$210K100xas long as short
Coinbase International CRV-PERP-INTX+0.0432%1h0.3597+0.117%$357K$4.1M50xas long as short
Kraken Futures PF_CRVUSD+0.0732%1h0.3594+0.033%$3.0M$2.6M50xas long as short