Funding you earn now, next payment 05:00 UTC+0.0113%/8h= +12.3% APRpaid last 24h +0.030%
Price spread now: Hyperliquid against BloFin−0.030%87s7-day average +0.171% · you buy dearer than you sell
Net, funding: paid 7d − costs−$50as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$450.445% of the position
Funding, last 7 days−0.053%−$5 on $10k
+Price spread, last 4 days (all we have)+0.142%+$14 · spread now −0.030%, 7d avg +0.171%
=Together, before fees+0.088%+ Points / potential airdropHyperliquid: Season 2 · farm board+$9 on $10k · with fees, hour by hour
Funding pays, the price is against you. Hyperliquid is 0.201% cheaper against BloFin than usual: you would sell low and buy high (spread −0.030% now, against its 7-day average of +0.171%). If the spread goes back, that is −$20 on $10k: about 5.9 days of funding at the current rate (+$3 a day). Mind the row above: over the last 7 days funding on this pair cost −0.053%, so the current rate has only just turned in your favour. The two prices were read 87 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin CRV-USDT | 0.3643 | 0.0220 | pay 0.0220% / 8h | 3h 49m | $1.4M | $4.1M | 75x |
| Short | Hyperliquid CRV | 0.3642 | 0.0333 | get 0.0042% / 1h | 49m 51s | $22.0M | $14.9M | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Hyperliquid against BloFin. 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
- $23.66
- Price spread: −0.030% → +0.171%
- −$20.1
- Slippage, 4 orders
- −$23.53
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- −$40.97
- Costs to cover
- 0.445%
- Break-even
- 19.1 days
Slippage from BloFin: live order book, 4 min ago; Hyperliquid: live order book, 3 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 BloFin live order book, 4 min ago | 2.73 bp | 9.3 bp −$9 | 23.3 bp −$233 | doesn't fit | doesn't fit |
| Sell Hyperliquid live order book, 3 min ago | 0.14 bp | 5.5 bp −$5 | 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 | 0.3638 | −0.139% | $16 | — | 15x | as long as short |
| dYdX CRV-USD | 0.0000% | 1h | 0.3651 | +0.233% | $38K | $8K | 10x | as long as short |
| Deribit CRV_USDC-PERPETUAL | 0.0000% | 1h | 0.3635 | −0.220% | $55K | $47K | 25x | as long as short |
| Injective CRV/USDC PERP | +0.0033% | 1h | 0.3670 | +0.741% | $79 | $384K | 12x | as long as short |
| Phoenix CRV | +0.0044% | 1h | 0.3658 | +0.417% | $26K | $176K | 10x | as long as short |
| Lighter CRV | +0.0096% | 1h | 0.3635 | −0.225% | $384K | $698K | 10x | as long as short |
| Orderly PERP_CRV_USDC | +0.0100% | 8h | 0.3636 | −0.192% | $24K | $902 | 10x | as long as short |
| Aster CRVUSDT | +0.0100% | 8h | 0.3643 | −0.006% | $130K | $180K | 10x | as long as short |
| Pacifica CRV | +0.0100% | 1h | 0.3645 | +0.065% | $370K | $198K | 10x | as long as short |
| Binance CRVUSDT | +0.0100% | 8h | 0.3635 | −0.216% | $24.9M | $54.5M | 75x | as long as short |
Show all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit CRVUSDT | +0.0100% | 8h | 0.3634 | −0.247% | $27.5M | $17.7M | 75x | as long as short |
| OKX CRV-USDT-SWAP | +0.0100% | 8h | 0.3636 | −0.192% | $8.8M | $20.4M | 50x | as long as short |
| Gate CRV_USDT | +0.0100% | 8h | 0.3641 | −0.055% | $1.9M | $1.3M | 50x | as long as short |
| MEXC CRV_USDT | +0.0100% | 8h | 0.3639 | −0.110% | $13.5M | $5.6M | 125x | as long as short |
| KuCoin CRVUSDTM | +0.0100% | 8h | 0.3641 | −0.055% | $6.1M | $8.6M | 50x | as long as short |
| Bitget CRVUSDT | +0.0100% | 8h | 0.3639 | −0.110% | $6.8M | $5.1M | 75x | as long as short |
| BingX CRV-USDC | +0.0100% | 8h | 0.3636 | −0.192% | — | $1.6M | — | as long as short |
| Backpack CRV_USDC_PERP | +0.0100% | 1h | 0.3639 | −0.096% | $102K | $256K | 10x | as long as short |
| Variational Omni CRV | +0.0100% | 8h | 0.3646 | +0.079% | $1.1M | $101K | — | as long as short |
| edgeX CRVUSDC | +0.0100% | 4h | 0.3649 | +0.170% | $38K | $173K | 20x | as long as short |
| GRVT CRV_USDT_Perp | +0.0100% | 8h | 0.3656 | +0.345% | $517K | $451K | 10x | as long as short |
| ApeX Omni CRVUSDT | +0.0100% | 1h | 0.3654 | +0.302% | $53K | $685K | 50x | as long as short |
| SunX CRV-USDT | +0.0100% | 8h | 0.3698 | +1.510% | $2K | $1.3M | 20x | as long as short |
| Extended CRV-USD | +0.0104% | 1h | 0.3637 | −0.165% | $260K | $493K | 25x | as long as short |
| Aevo CRV-PERP | +0.0104% | 1h | 0.3636 | −0.192% | $13K | $6K | 3x | as long as short |
| BloFin CRV-USDTlong | +0.0220% | 8h | 0.3643 | long leg | $1.4M | $4.1M | 75x | |
| Hyperliquid CRVshort | +0.0333% | 1h | 0.3642 | −0.030% | $22.0M | $14.9M | 10x | |
| GMX CRV/USD [ETH-USDC] | L +0.0418% / S −0.0177% | 1h | 0.3638 | −0.133% | $213K | — | 100x | as long as short |
| Coinbase International CRV-PERP-INTX | +0.0432% | 1h | 0.3661 | +0.494% | $388K | $4.1M | 50x | as long as short |
| Kraken Futures PF_CRVUSD | +0.0723% | 1h | 0.3640 | −0.092% | $3.1M | $2.6M | 50x | as long as short |
BloFin CRV-USDT
Hyperliquid CRV
Deribit CRV_USDC-PERPETUAL
Injective CRV/USDC PERP
Phoenix CRV
Lighter CRV
Aster CRVUSDT
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
GMX CRV/USD [ETH-USDC]
Coinbase International CRV-PERP-INTX
Kraken Futures PF_CRVUSD