Funding you earn now, next payment 10:00 UTC−0.0399%/8h= −43.7% APRpaid last 24h −0.069%
Price spread now: OKX against Hyperliquid−0.312%7-day average −0.148% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.181%−$18 on $10k
+Price spread, last 7 days+0.249%+$25 · spread now −0.312%, 7d avg −0.148%
=Together, before fees+0.067%+ Points / potential airdropHyperliquid: Season 2 · farm board+$7 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$12 a day on $10k at the current rate, and OKX is 0.164% cheaper against Hyperliquid than usual: you would sell low and buy high (−$16 if the spread goes back to its 7-day average of −0.148%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.181% in total (about -9.5% 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 | 0.3592 | 0.0499 | pay 0.0062% / 1h | 58m 31s | $21.3M | $16.7M | 10x |
| Short | OKX CRV-USDT-SWAP | 0.3581 | 0.0100 | get 0.0100% / 8h | 6h 58m | $8.7M | $20.0M | 50x |
Hyperliquid CRV
OKX CRV-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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
- −$83.88
- Price spread: −0.312% → −0.148%
- −$16.42
- Slippage, 4 orders
- no order book: not counted
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$119.3
- Costs to cover
- 0.190%
- Break-even
- never at this rate
Slippage unknown: Hyperliquid: live order book, 4 min ago; OKX: live order book, 5 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 Hyperliquid live order book, 4 min ago | 1.11 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
| Sell OKX live order book, 5 min ago | 1.39 bp | 11.7 bp −$12 | 52.5 bp −$525 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Backpack CRV_USDC_PERP | −0.0249% | 1h | 0.3591 | −0.025% | $94K | $251K | 10x | as long as short |
| Reya CRVRUSDPERP | −0.0048% | 1h | 0.3590 | −0.066% | $15 | — | 15x | as long as short |
| Variational Omni CRV | −0.0047% | 8h | 0.3590 | −0.066% | $1.1M | $105K | — | as long as short |
| Phoenix CRV | −0.0022% | 1h | 0.3597 | +0.145% | $26K | $175K | 10x | as long as short |
| dYdX CRV-USD | 0.0000% | 1h | 0.3590 | −0.057% | $40K | $13K | 10x | as long as short |
| Deribit CRV_USDC-PERPETUAL | 0.0000% | 1h | 0.3587 | −0.145% | $54K | $45K | 25x | as long as short |
| Injective CRV/USDC PERP | +0.0033% | 1h | 0.3670 | +2.166% | $79 | $384K | 12x | as long as short |
| Bybit CRVUSDT | +0.0079% | 8h | 0.3578 | −0.395% | $26.8M | $19.0M | 75x | as long as short |
| Lighter CRV | +0.0096% | 1h | 0.3587 | −0.134% | $378K | $610K | 10x | as long as short |
| Aster CRVUSDT | +0.0100% | 8h | 0.3593 | +0.034% | $130K | $206K | 10x | as long as short |
Backpack CRV_USDC_PERP
Reya CRVRUSDPERP
Variational Omni CRV
Phoenix CRV
dYdX CRV-USD
Deribit CRV_USDC-PERPETUAL
Injective CRV/USDC PERP
Bybit CRVUSDT
Lighter CRV
Aster CRVUSDTShow all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Pacifica CRV | +0.0100% | 1h | 0.3587 | −0.152% | $362K | $200K | 10x | as long as short |
| Binance CRVUSDT | +0.0100% | 8h | 0.3586 | −0.173% | $24.8M | $55.9M | 75x | as long as short |
| OKX CRV-USDT-SWAPshort | +0.0100% | 8h | 0.3581 | −0.312% | $8.7M | $20.0M | 50x | |
| Gate CRV_USDT | +0.0100% | 8h | 0.3588 | −0.117% | $1.9M | $1.0M | 50x | as long as short |
| MEXC CRV_USDT | +0.0100% | 8h | 0.3585 | −0.200% | $12.5M | $5.3M | 125x | as long as short |
| KuCoin CRVUSDTM | +0.0100% | 8h | 0.3591 | −0.033% | $6.8M | $8.4M | 50x | as long as short |
| Bitget CRVUSDT | +0.0100% | 8h | 0.3589 | −0.089% | $6.7M | $5.3M | 75x | as long as short |
| BingX CRV-USDT | +0.0100% | 8h | 0.3586 | −0.173% | — | $23.5M | — | as long as short |
| edgeX CRVUSDC | +0.0100% | 4h | 0.3597 | +0.131% | $37K | $175K | 20x | as long as short |
| GRVT CRV_USDT_Perp | +0.0100% | 8h | 0.3600 | +0.217% | $503K | $416K | 10x | as long as short |
| ApeX Omni CRVUSDT | +0.0100% | 1h | 0.3597 | +0.134% | $52K | $654K | 50x | as long as short |
| Orderly PERP_CRV_USDC | +0.0100% | 8h | 0.3584 | −0.228% | $24K | $850 | 10x | as long as short |
| SunX CRV-USDT | +0.0100% | 8h | 0.3663 | +1.971% | $2K | $1.3M | 20x | as long as short |
| Aevo CRV-PERP | +0.0104% | 1h | 0.3586 | −0.161% | $13K | $6K | 3x | as long as short |
| BloFin CRV-USDT | +0.0220% | 8h | 0.3588 | −0.117% | $1.3M | $3.8M | 75x | as long as short |
| Extended CRV-USD | +0.0256% | 1h | 0.3586 | −0.186% | $255K | $510K | 25x | as long as short |
| GMX CRV/USD [ETH-USDC] | L +0.0414% / S −0.0177% | 1h | 0.3596 | +0.115% | $210K | — | 100x | as long as short |
| Coinbase International CRV-PERP-INTX | +0.0432% | 1h | 0.3592 | −0.006% | $353K | $4.2M | 50x | as long as short |
| Hyperliquid CRVlong | +0.0499% | 1h | 0.3592 | long leg | $21.3M | $16.7M | 10x | |
| Kraken Futures PF_CRVUSD | +0.0604% | 1h | 0.3591 | −0.032% | $3.0M | $2.5M | 50x | as long as short |
Pacifica CRV
Binance CRVUSDT
Gate CRV_USDT
MEXC CRV_USDT
KuCoin CRVUSDTM
Bitget CRVUSDT
BingX CRV-USDT
edgeX CRVUSDC
GRVT CRV_USDT_Perp
ApeX Omni CRVUSDT
Orderly PERP_CRV_USDC
SunX CRV-USDT
Aevo CRV-PERP
BloFin CRV-USDT
Extended CRV-USD
GMX CRV/USD [ETH-USDC]
Coinbase International CRV-PERP-INTX
Kraken Futures PF_CRVUSD