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+0.0113%/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 − costsprices read too far apart to compare
costs, in and out, $10k−$450.445% of the position
What this pair did over the last
the charts below follow
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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin CRV-USDT0.36430.0220pay 0.0220% / 8h3h 49m$1.4M$4.1M75x
ShortHyperliquid CRV0.36420.0333get 0.0042% / 1h49m 51s$22.0M$14.9M10x

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 it
latest
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
LegHalf-spread$10k$100k$1M$5M
Buy BloFin live order book, 4 min ago2.73 bp9.3 bp −$923.3 bp −$233doesn't fitdoesn't fit
Sell Hyperliquid live order book, 3 min ago0.14 bp5.5 bp −$5doesn'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%1h0.3638−0.139%$1615xas long as short
dYdX CRV-USD0.0000%1h0.3651+0.233%$38K$8K10xas long as short
Deribit CRV_USDC-PERPETUAL0.0000%1h0.3635−0.220%$55K$47K25xas long as short
Injective CRV/USDC PERP+0.0033%1h0.3670+0.741%$79$384K12xas long as short
Phoenix CRV+0.0044%1h0.3658+0.417%$26K$176K10xas long as short
Lighter CRV+0.0096%1h0.3635−0.225%$384K$698K10xas long as short
Orderly PERP_CRV_USDC+0.0100%8h0.3636−0.192%$24K$90210xas long as short
Aster CRVUSDT+0.0100%8h0.3643−0.006%$130K$180K10xas long as short
Pacifica CRV+0.0100%1h0.3645+0.065%$370K$198K10xas long as short
Binance CRVUSDT+0.0100%8h0.3635−0.216%$24.9M$54.5M75xas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit CRVUSDT+0.0100%8h0.3634−0.247%$27.5M$17.7M75xas long as short
OKX CRV-USDT-SWAP+0.0100%8h0.3636−0.192%$8.8M$20.4M50xas long as short
Gate CRV_USDT+0.0100%8h0.3641−0.055%$1.9M$1.3M50xas long as short
MEXC CRV_USDT+0.0100%8h0.3639−0.110%$13.5M$5.6M125xas long as short
KuCoin CRVUSDTM+0.0100%8h0.3641−0.055%$6.1M$8.6M50xas long as short
Bitget CRVUSDT+0.0100%8h0.3639−0.110%$6.8M$5.1M75xas long as short
BingX CRV-USDC+0.0100%8h0.3636−0.192%$1.6Mas long as short
Backpack CRV_USDC_PERP+0.0100%1h0.3639−0.096%$102K$256K10xas long as short
Variational Omni CRV+0.0100%8h0.3646+0.079%$1.1M$101Kas long as short
edgeX CRVUSDC+0.0100%4h0.3649+0.170%$38K$173K20xas long as short
GRVT CRV_USDT_Perp+0.0100%8h0.3656+0.345%$517K$451K10xas long as short
ApeX Omni CRVUSDT+0.0100%1h0.3654+0.302%$53K$685K50xas long as short
SunX CRV-USDT+0.0100%8h0.3698+1.510%$2K$1.3M20xas long as short
Extended CRV-USD+0.0104%1h0.3637−0.165%$260K$493K25xas long as short
Aevo CRV-PERP+0.0104%1h0.3636−0.192%$13K$6K3xas long as short
BloFin CRV-USDTlong+0.0220%8h0.3643long leg$1.4M$4.1M75x
Hyperliquid CRVshort+0.0333%1h0.3642−0.030%$22.0M$14.9M10x
GMX CRV/USD [ETH-USDC]L +0.0418% / S −0.0177%1h0.3638−0.133%$213K100xas long as short
Coinbase International CRV-PERP-INTX+0.0432%1h0.3661+0.494%$388K$4.1M50xas long as short
Kraken Futures PF_CRVUSD+0.0723%1h0.3640−0.092%$3.1M$2.6M50xas long as short