Spread before costs (cost unknown: a leg has no order-book sample)+0.303%
7d average—if it closes, per $10,000$30funding while held, a day+$0.00
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Derive CC-PERP | 0.1149 | 0.0100 | pay 0.0013% / 1h | 0m 33s | $5K | $30K | 6.7x |
| Short | Hyperliquid CC | 0.1153 | 0.0100 | get 0.0013% / 1h | 0m 33s | $5.3M | $904K | 3x |
Derive CC-PERP
Hyperliquid CCPrice spread history
latest
Range statsloading…
How often the spread is this wide
share of time at each level, last 7DBacktest
opened in the past, held until now, after costsProfit calculator
- Spread captured
- $30.3
- Funding while held
- $0
- Slippage, 4 orders
- no order book: not counted
- Fee Derive: 3 bp × 2 orders
- −$6
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- $15.3
- Spread needed to break even
- 0.150%
Slippage unknown: Derive: no order-book sample; Hyperliquid: live order book, 3 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- 0.0000%
- Per $10,000 a day
- +$0.00
- Average in range /8h
- —
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 Derive no order-book sample | — | — | — | — | — |
| Sell Hyperliquid live order book, 3 min ago | 0.87 bp | 7.6 bp −$8 | doesn't fit | doesn't fit | doesn't fit |
Derive: 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.
CC price on every exchange
against the cheapest. Click to use as the short leg.Injective0.1138cheapest
InjectiveDerive0.1149+0.977%
Backpack0.1150+1.019%Binance0.1150+1.063%Bybit0.1150+1.063%GMX0.1150+1.066%Paradex0.1150+1.079%MEXC0.1150+1.081%BingX0.1150+1.098%Variational Omni0.1151+1.101%Gate0.1151+1.107%KuCoin0.1151+1.142%OKX0.1151+1.151%Aster0.1151+1.158%BloFin0.1151+1.178%Bitget0.1152+1.186%Lighter0.1152+1.239%
Backpack
Binance
Bybit
GMX
Paradex
MEXC
BingX
Variational Omni
Gate
KuCoin
OKX
Aster
BloFin
Bitget
LighterHyperliquid0.1153+1.283%
CC on 18 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Injective CC/USDC PERP | −0.968% | −0.3717% | 1h | $6K | $101 | 5.5x | as long as short |
| Derive CC-PERPlong | 0.000% | +0.0100% | 1h | $5K | $30K | 6.7x | |
| Backpack CC_USDC_PERP | +0.042% | +0.0100% | 1h | $12K | $18K | 10x | as long as short |
| Binance CCUSDT | +0.085% | +0.0100% | 4h | $11.2M | $8.9M | 75x | as long as short |
| Bybit CCUSDT | +0.085% | +0.0100% | 4h | $10.2M | $3.2M | 25x | as long as short |
| GMX CC/USD [WBTC.b-USDC] | +0.088% | L +0.0440% / S −0.0236% | 1h | $43K | — | 50x | as long as short |
| Paradex CC-USD-PERP | +0.101% | +0.0079% | 8h | $1K | — | 5x | as long as short |
| MEXC CC_USDT | +0.103% | +0.0100% | 4h | $1.8M | $253K | 100x | as long as short |
| BingX CC-USDT | +0.120% | +0.0100% | 4h | — | $6.6M | — | as long as short |
| Variational Omni CC | +0.123% | +0.0100% | 4h | $574K | $38K | — | as long as short |
Show all 18 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Gate CC_USDT | +0.129% | +0.0100% | 4h | $366K | $166K | 50x | as long as short |
| KuCoin CCUSDTM | +0.164% | +0.0100% | 4h | $470K | $255K | 50x | as long as short |
| OKX CC-USDT-SWAP | +0.172% | +0.0100% | 4h | $2.5M | $3.1M | 20x | as long as short |
| Aster CCUSDT | +0.180% | +0.0100% | 4h | $41K | $22K | 20x | as long as short |
| BloFin CC-USDT | +0.199% | +0.0340% | 4h | $608K | $97K | 75x | as long as short |
| Bitget CCUSDT | +0.207% | +0.0100% | 4h | $906K | $630K | 20x | as long as short |
| Lighter CC | +0.260% | +0.0096% | 1h | $236K | $116K | 5x | as long as short |
| Hyperliquid CCshort | +0.303% | +0.0100% | 1h | $5.3M | $904K | 3x |