Funding you earn now, next payment 02:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.059%
Price spread now: Derive against Hyperliquid−0.311%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 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: Derive is 0.311% cheaper against Hyperliquid than usual: you would sell low and buy high, −$31 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 | Hyperliquid CC | 0.1181 | 0.0100 | pay 0.0013% / 1h | 30m 39s | $5.5M | $1.4M | 3x |
| Short | Derive CC-PERP | 0.1177 | 0.0100 | get 0.0013% / 1h | 30m 39s | $6K | $36K | 6.7x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Derive 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
- $0
- Price spread: −0.311% → 0.000%
- −$31.07
- Slippage, 4 orders
- no order book: not counted
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee Derive: 3 bp × 2 orders
- −$6
- Net
- −$46.07
- Costs to cover
- 0.150%
- Break-even
- never at this rate
Slippage unknown: Hyperliquid: live order book, 1 min ago; Derive: no order-book sample. 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, 1 min ago | 2.54 bp | 10.7 bp −$11 | doesn't fit | doesn't fit | doesn't fit |
| Sell Derive no order-book sample | — | — | — | — | — |
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 on 18 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective CC/USDC PERP | −0.3556% | 1h | 0.1161 | −1.669% | $6K | $99 | 5.5x | as long as short |
| Bybit CCUSDT | −0.0173% | 4h | 0.1178 | −0.195% | $10.7M | $3.9M | 25x | as long as short |
| MEXC CC_USDT | −0.0172% | 4h | 0.1178 | −0.220% | $1.6M | $314K | 100x | as long as short |
| Paradex CC-USD-PERP | +0.0088% | 8h | 0.1178 | −0.196% | $1K | — | 5x | as long as short |
| Hyperliquid CClong | +0.0100% | 1h | 0.1181 | long leg | $5.5M | $1.4M | 3x | |
| Aster CCUSDT | +0.0100% | 4h | 0.1178 | −0.193% | $35K | $39K | 20x | as long as short |
| Binance CCUSDT | +0.0100% | 4h | 0.1179 | −0.181% | $11.1M | $12.0M | 75x | as long as short |
| OKX CC-USDT-SWAP | +0.0100% | 4h | 0.1179 | −0.110% | $2.6M | $3.6M | 20x | as long as short |
| Gate CC_USDT | +0.0100% | 4h | 0.1177 | −0.271% | $366K | $219K | 50x | as long as short |
| KuCoin CCUSDTM | +0.0100% | 4h | 0.1180 | −0.093% | $485K | $123K | 50x | as long as short |
Show all 18 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget CCUSDT | +0.0100% | 4h | 0.1179 | −0.169% | $933K | $800K | 20x | as long as short |
| BingX CC-USDT | +0.0100% | 4h | 0.1178 | −0.186% | — | $6.6M | — | as long as short |
| Backpack CC_USDC_PERP | +0.0100% | 1h | 0.1178 | −0.237% | $15K | $22K | 10x | as long as short |
| Variational Omni CC | +0.0100% | 4h | 0.1176 | −0.430% | $600K | $55K | — | as long as short |
| GRVT CC_USDT_Perp | +0.0100% | 4h | 0.1176 | −0.383% | $79K | $2.3M | 10x | as long as short |
| Derive CC-PERPshort | +0.0100% | 1h | 0.1177 | −0.311% | $6K | $36K | 6.7x | |
| GMX CC/USD [WBTC.b-USDC] | L +0.0449% / S −0.0241% | 1h | 0.1178 | −0.187% | $44K | — | 50x | as long as short |
| Lighter CC | +0.0784% | 1h | 0.1183 | +0.195% | $239K | $155K | 5x | as long as short |
Hyperliquid CC
Derive CC-PERP
Injective CC/USDC PERP
Bybit CCUSDT
MEXC CC_USDT
Paradex CC-USD-PERP
Aster CCUSDT
Binance CCUSDT
OKX CC-USDT-SWAP
Gate CC_USDT
KuCoin CCUSDTM
Bitget CCUSDT
BingX CC-USDT
Backpack CC_USDC_PERP
Variational Omni CC
GRVT CC_USDT_Perp
GMX CC/USD [WBTC.b-USDC]
Lighter CC