Funding you earn now, next payment 23:00 UTC−0.0328%/8h= −35.9% APRpaid last 24h −0.068%
Price spread now: BingX against Hyperliquid−0.225%7-day average −0.141% · you buy dearer than you sell
Net, funding: paid 7d − costs−$100as in the Funding arb table
Net, price: spread back to 7d avg − costs−$97as in the Price arb table
costs, in and out, $10k−$890.889% of the position
Funding, last 7 days−0.107%−$11 on $10k
+Price spread, last 7 days+0.165%+$16 · spread now −0.225%, 7d avg −0.141%
=Together, before fees+0.058%+ Points / potential airdropHyperliquid: Season 2 · farm board+$6 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$10 a day on $10k at the current rate, and BingX is 0.084% cheaper against Hyperliquid than usual: you would sell low and buy high (−$8 if the spread goes back to its 7-day average of −0.141%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.107% in total (about -5.6% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid CRV | 0.3690 | 0.0428 | pay 0.0054% / 1h | 33m 37s | $22.9M | $16.7M | 10x |
| Short | BingX CRV-USDC | 0.3682 | 0.0100 | get 0.0100% / 8h | 1h 33m | — | $1.7M | — |
Hyperliquid CRV
BingX CRV-USDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX 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
- −$68.93
- Price spread: −0.225% → −0.141%
- −$8.37
- Slippage, 4 orders
- −$69.88
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$166.19
- Costs to cover
- 0.889%
- Break-even
- never at this rate
Slippage from Hyperliquid: live order book, 9 min ago; BingX: 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, 9 min ago | 1.22 bp | 13.4 bp −$13 | doesn't fit | doesn't fit | doesn't fit |
| Sell BingX live order book, 14 min ago | 13.63 bp | 25.5 bp −$26 | 57.6 bp −$576 | 342.3 bp −$34.2K | 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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit CRV_USDC-PERPETUAL | −0.0294% | 1h | 0.3676 | −0.388% | $57K | $48K | 25x | as long as short |
| Injective CRV/USDC PERP | −0.0228% | 1h | 0.3670 | −0.550% | $67K | $351K | 12x | as long as short |
| Phoenix CRV | −0.0176% | 1h | 0.3686 | −0.119% | $26K | $181K | 10x | as long as short |
| Reya CRVRUSDPERP | −0.0049% | 1h | 0.3671 | −0.521% | $16 | — | 15x | as long as short |
| dYdX CRV-USD | 0.0000% | 1h | 0.3683 | −0.204% | $38K | $4K | 10x | as long as short |
| Kraken Futures PF_CRVUSD | +0.0027% | 1h | 0.3682 | −0.220% | $3.1M | $3.1M | 50x | as long as short |
| Orderly PERP_CRV_USDC | +0.0095% | 8h | 0.3679 | −0.306% | $25K | $930 | 10x | as long as short |
| Lighter CRV | +0.0096% | 1h | 0.3684 | −0.165% | $416K | $703K | 10x | as long as short |
| Aster CRVUSDT | +0.0100% | 8h | 0.3683 | −0.209% | $132K | $186K | 10x | as long as short |
| Pacifica CRV | +0.0100% | 1h | 0.3685 | −0.155% | $381K | $189K | 10x | as long as short |
Deribit CRV_USDC-PERPETUAL
Injective CRV/USDC PERP
Phoenix CRV
Reya CRVRUSDPERP
dYdX CRV-USD
Kraken Futures PF_CRVUSD
Orderly PERP_CRV_USDC
Lighter CRV
Aster CRVUSDT
Pacifica CRVShow all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance CRVUSDT | +0.0100% | 8h | 0.3681 | −0.263% | $25.9M | $57.0M | 75x | as long as short |
| Bybit CRVUSDT | +0.0100% | 8h | 0.3679 | −0.306% | $27.9M | $17.1M | 75x | as long as short |
| OKX CRV-USDT-SWAP | +0.0100% | 8h | 0.3675 | −0.415% | $8.8M | $22.2M | 50x | as long as short |
| Gate CRV_USDT | +0.0100% | 8h | 0.3683 | −0.198% | $2.0M | $1.3M | 50x | as long as short |
| MEXC CRV_USDT | +0.0100% | 8h | 0.3680 | −0.279% | $14.8M | $5.5M | 125x | as long as short |
| KuCoin CRVUSDTM | +0.0100% | 8h | 0.3686 | −0.117% | $7.2M | $9.1M | 50x | as long as short |
| Bitget CRVUSDT | +0.0100% | 8h | 0.3684 | −0.171% | $7.0M | $5.6M | 75x | as long as short |
| BingX CRV-USDCshort | +0.0100% | 8h | 0.3682 | −0.225% | — | $1.7M | — | |
| Variational Omni CRV | +0.0100% | 8h | 0.3676 | −0.385% | $1.1M | $138K | — | as long as short |
| edgeX CRVUSDC | +0.0100% | 4h | 0.3677 | −0.351% | $38K | $172K | 20x | as long as short |
| GRVT CRV_USDT_Perp | +0.0100% | 8h | 0.3684 | −0.164% | $513K | $437K | 10x | as long as short |
| ApeX Omni CRVUSDT | +0.0100% | 1h | 0.3679 | −0.306% | $61K | $694K | 50x | as long as short |
| SunX CRV-USDT | +0.0100% | 8h | 0.3704 | +0.371% | $1K | $1.3M | 20x | as long as short |
| Extended CRV-USD | +0.0104% | 1h | 0.3679 | −0.311% | $245K | $883K | 25x | as long as short |
| Aevo CRV-PERP | +0.0104% | 1h | 0.3678 | −0.340% | $19K | $9K | 3x | as long as short |
| BloFin CRV-USDT | +0.0220% | 8h | 0.3680 | −0.279% | $1.4M | $4.5M | 75x | as long as short |
| Coinbase International CRV-PERP-INTX | +0.0376% | 1h | 0.3681 | −0.252% | $387K | $4.8M | 50x | as long as short |
| Backpack CRV_USDC_PERP | +0.0400% | 1h | 0.3679 | −0.317% | $107K | $362K | 10x | as long as short |
| GMX CRV/USD [ETH-USDC] | L +0.0403% / S −0.0160% | 1h | 0.3677 | −0.356% | $218K | — | 100x | as long as short |
| Hyperliquid CRVlong | +0.0428% | 1h | 0.3690 | long leg | $22.9M | $16.7M | 10x |
Binance CRVUSDT
Bybit CRVUSDT
OKX CRV-USDT-SWAP
Gate CRV_USDT
MEXC CRV_USDT
KuCoin CRVUSDTM
Bitget CRVUSDT
Variational Omni CRV
edgeX CRVUSDC
GRVT CRV_USDT_Perp
ApeX Omni CRVUSDT
SunX CRV-USDT
Extended CRV-USD
Aevo CRV-PERP
BloFin CRV-USDT
Coinbase International CRV-PERP-INTX
Backpack CRV_USDC_PERP
GMX CRV/USD [ETH-USDC]