Funding you earn now, next payment 05:00 UTC−0.0122%/8h= −13.4% APRpaid last 24h −0.066%
Price spread now: Binance against Hyperliquid−0.138%7-day average −0.134% · you buy dearer than you sell
Net, funding: paid 7d − costs−$59as in the Funding arb table
Net, price: spread back to 7d avg − costs−$42as in the Price arb table
costs, in and out, $10k−$420.415% of the position
Funding, last 7 days−0.170%−$17 on $10k
+Price spread, last 7 days+0.091%+$9 · spread now −0.138%, 7d avg −0.134%
=Together, before fees−0.080%+ Points / potential airdropHyperliquid: Season 2 · farm board−$8 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.134%, so right now this pair is about funding alone: −$4 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid CRV | 0.3634 | 0.0222 | pay 0.0028% / 1h | 57m 58s | $21.9M | $14.9M | 10x |
| Short | Binance CRVUSDT | 0.3629 | 0.0100 | get 0.0100% / 8h | 3h 57m | $24.9M | $54.4M | 75x |
Hyperliquid CRV
Binance CRVUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance 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
- −$25.62
- Price spread: −0.138% → −0.134%
- −$0.32
- Slippage, 4 orders
- −$22.54
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$67.48
- Costs to cover
- 0.415%
- Break-even
- never at this rate
Slippage from Hyperliquid: live order book, 5 min ago; Binance: live order book, 14 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 Hyperliquid live order book, 5 min ago | 0.83 bp | 10.4 bp −$10 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 14 min ago | 1.37 bp | 12.5 bp −$13 | 21.0 bp −$210 | 98.8 bp −$9,881 | 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 | −0.0151% | 1h | 0.3630 | −0.096% | $97K | $283K | 10x | as long as short |
| Reya CRVRUSDPERP | −0.0048% | 1h | 0.3624 | −0.264% | $16 | — | 15x | as long as short |
| dYdX CRV-USD | 0.0000% | 1h | 0.3628 | −0.155% | $37K | $8K | 10x | as long as short |
| Phoenix CRV | 0.0000% | 1h | 0.3633 | −0.019% | $26K | $167K | 10x | as long as short |
| Deribit CRV_USDC-PERPETUAL | 0.0000% | 1h | 0.3625 | −0.248% | $55K | $47K | 25x | as long as short |
| Injective CRV/USDC PERP | +0.0033% | 1h | 0.3670 | +0.991% | $79 | $384K | 12x | as long as short |
| Lighter CRV | +0.0096% | 1h | 0.3626 | −0.220% | $383K | $698K | 10x | as long as short |
| Orderly PERP_CRV_USDC | +0.0099% | 8h | 0.3625 | −0.248% | $24K | $902 | 10x | as long as short |
| Aster CRVUSDT | +0.0100% | 8h | 0.3629 | −0.128% | $129K | $180K | 10x | as long as short |
| Pacifica CRV | +0.0100% | 1h | 0.3627 | −0.193% | $368K | $198K | 10x | as long as short |
Backpack CRV_USDC_PERP
Reya CRVRUSDPERP
dYdX CRV-USD
Phoenix CRV
Deribit CRV_USDC-PERPETUAL
Injective CRV/USDC PERP
Lighter CRV
Orderly PERP_CRV_USDC
Aster CRVUSDT
Pacifica CRVShow all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance CRVUSDTshort | +0.0100% | 8h | 0.3629 | −0.138% | $24.9M | $54.4M | 75x | |
| Bybit CRVUSDT | +0.0100% | 8h | 0.3626 | −0.220% | $27.5M | $17.7M | 75x | as long as short |
| OKX CRV-USDT-SWAP | +0.0100% | 8h | 0.3627 | −0.193% | $8.7M | $20.4M | 50x | as long as short |
| Gate CRV_USDT | +0.0100% | 8h | 0.3629 | −0.138% | $1.9M | $1.3M | 50x | as long as short |
| MEXC CRV_USDT | +0.0100% | 8h | 0.3627 | −0.193% | $13.5M | $5.6M | 125x | as long as short |
| KuCoin CRVUSDTM | +0.0100% | 8h | 0.3629 | −0.138% | $6.1M | $8.6M | 50x | as long as short |
| Bitget CRVUSDT | +0.0100% | 8h | 0.3629 | −0.138% | $6.8M | $5.1M | 75x | as long as short |
| BingX CRV-USDC | +0.0100% | 8h | 0.3628 | −0.165% | — | $1.6M | — | as long as short |
| Variational Omni CRV | +0.0100% | 8h | 0.3629 | −0.141% | $1.1M | $101K | — | as long as short |
| edgeX CRVUSDC | +0.0100% | 4h | 0.3628 | −0.164% | $37K | $174K | 20x | as long as short |
| GRVT CRV_USDT_Perp | +0.0100% | 8h | 0.3624 | −0.272% | $512K | $451K | 10x | as long as short |
| ApeX Omni CRVUSDT | +0.0100% | 1h | 0.3622 | −0.330% | $52K | $684K | 50x | as long as short |
| SunX CRV-USDT | +0.0100% | 8h | 0.3687 | +1.458% | $2K | $1.3M | 20x | as long as short |
| Extended CRV-USD | +0.0104% | 1h | 0.3626 | −0.234% | $237K | $473K | 25x | as long as short |
| Aevo CRV-PERP | +0.0104% | 1h | 0.3625 | −0.239% | $13K | $6K | 3x | as long as short |
| BloFin CRV-USDT | +0.0220% | 8h | 0.3627 | −0.193% | $1.4M | $4.1M | 75x | as long as short |
| Hyperliquid CRVlong | +0.0222% | 1h | 0.3634 | long leg | $21.9M | $14.9M | 10x | |
| GMX CRV/USD [ETH-USDC] | L +0.0417% / S −0.0177% | 1h | 0.3625 | −0.246% | $212K | — | 100x | as long as short |
| Coinbase International CRV-PERP-INTX | +0.0432% | 1h | 0.3635 | +0.028% | $381K | $4.0M | 50x | as long as short |
| Kraken Futures PF_CRVUSD | +0.0725% | 1h | 0.3631 | −0.090% | $3.1M | $2.6M | 50x | as long as short |
Bybit CRVUSDT
OKX CRV-USDT-SWAP
Gate CRV_USDT
MEXC CRV_USDT
KuCoin CRVUSDTM
Bitget CRVUSDT
BingX CRV-USDC
Variational Omni CRV
edgeX CRVUSDC
GRVT CRV_USDT_Perp
ApeX Omni CRVUSDT
SunX CRV-USDT
Extended CRV-USD
Aevo CRV-PERP
BloFin CRV-USDT
GMX CRV/USD [ETH-USDC]
Coinbase International CRV-PERP-INTX
Kraken Futures PF_CRVUSD