Funding you earn now, next payment 09:00 UTC−0.0130%/8h= −14.2% APRnext payment −$0.16 per $10,000 · paid last 24h −0.267%
Price spread now: Deribit against Hyperliquid−0.184%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−1.502%−$150 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropHyperliquid: Season 2 · farm boardneeds both histories
Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and Deribit is 0.184% cheaper against Hyperliquid than usual: you would sell low and buy high (−$18 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid CRV | 0.3582 | 0.0100 | pay 0.0013% / 1h | 54m 04s | $21.0M | $16.7M | 10x |
| Short | Deribit CRV_USDC-PERPETUAL | 0.3575 | −0.0030 | pay 0.0004% / 1h | 54m 04s | $53K | $46K | 25x |
Hyperliquid CRV
Deribit CRV_USDC-PERPETUALFunding history
latest
Range statsloading…
Price spread between the two exchanges
Deribit 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
- −$27.3
- Price spread: −0.184% → 0.000%
- −$18.43
- Slippage, 4 orders
- no order book: not counted
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- −$61.73
- Costs to cover
- 0.160%
- Break-even
- never at this rate
Slippage unknown: Hyperliquid: live order book, 9 min ago; Deribit: 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, 9 min ago | 1.40 bp | 8.8 bp −$9 | doesn't fit | doesn't fit | doesn't fit |
| Sell Deribit no order-book sample | — | — | — | — | — |
Deribit: 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.
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 | 0.3579 | −0.074% | $15 | — | 15x | as long as short |
| Deribit CRV_USDC-PERPETUALshort | −0.0030% | 1h | 0.3575 | −0.184% | $53K | $46K | 25x | |
| dYdX CRV-USD | 0.0000% | 1h | 0.3582 | +0.021% | $37K | $8K | 10x | as long as short |
| Phoenix CRV | 0.0000% | 1h | 0.3572 | −0.274% | $25K | $190K | 10x | as long as short |
| Variational Omni CRV | +0.0004% | 8h | 0.3575 | −0.187% | $1.1M | $94K | — | as long as short |
| Injective CRV/USDC PERP | +0.0033% | 1h | 0.3670 | +2.468% | $79 | $384K | 12x | as long as short |
| Bybit CRVUSDT | +0.0068% | 8h | 0.3576 | −0.156% | $26.9M | $19.7M | 75x | as long as short |
| Lighter CRV | +0.0096% | 1h | 0.3576 | −0.145% | $376K | $680K | 10x | as long as short |
| Hyperliquid CRVlong | +0.0100% | 1h | 0.3582 | long leg | $21.0M | $16.7M | 10x | |
| Aster CRVUSDT | +0.0100% | 8h | 0.3581 | −0.029% | $115K | $193K | 10x | as long as short |
Reya CRVRUSDPERP
dYdX CRV-USD
Phoenix CRV
Variational Omni CRV
Injective CRV/USDC PERP
Bybit CRVUSDT
Lighter CRV
Aster CRVUSDTShow all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Pacifica CRV | +0.0100% | 1h | 0.3583 | +0.035% | $362K | $200K | 10x | as long as short |
| Binance CRVUSDT | +0.0100% | 8h | 0.3579 | −0.073% | $24.7M | $57.6M | 75x | as long as short |
| OKX CRV-USDT-SWAP | +0.0100% | 8h | 0.3579 | −0.073% | $8.7M | $20.6M | 50x | as long as short |
| Gate CRV_USDT | +0.0100% | 8h | 0.3580 | −0.045% | $1.8M | $1.2M | 50x | as long as short |
| MEXC CRV_USDT | +0.0100% | 8h | 0.3578 | −0.101% | $12.4M | $5.5M | 125x | as long as short |
| KuCoin CRVUSDTM | +0.0100% | 8h | 0.3581 | −0.017% | $6.8M | $8.5M | 50x | as long as short |
| Bitget CRVUSDT | +0.0100% | 8h | 0.3581 | −0.017% | $6.7M | $5.4M | 75x | as long as short |
| BingX CRV-USDC | +0.0100% | 8h | 0.3576 | −0.156% | — | $1.6M | — | as long as short |
| Backpack CRV_USDC_PERP | +0.0100% | 1h | 0.3580 | −0.034% | $93K | $256K | 10x | as long as short |
| edgeX CRVUSDC | +0.0100% | 4h | 0.3584 | +0.066% | $37K | $174K | 20x | as long as short |
| GRVT CRV_USDT_Perp | +0.0100% | 8h | 0.3569 | −0.360% | $497K | $407K | 10x | as long as short |
| ApeX Omni CRVUSDT | +0.0100% | 1h | 0.3567 | −0.408% | $52K | $670K | 50x | as long as short |
| Orderly PERP_CRV_USDC | +0.0100% | 8h | 0.3577 | −0.128% | $24K | $928 | 10x | as long as short |
| SunX CRV-USDT | +0.0100% | 8h | 0.3662 | +2.245% | $2K | $1.3M | 20x | as long as short |
| Extended CRV-USD | +0.0104% | 1h | 0.3577 | −0.129% | $251K | $511K | 25x | as long as short |
| Aevo CRV-PERP | +0.0104% | 1h | 0.3576 | −0.157% | $13K | $6K | 3x | as long as short |
| BloFin CRV-USDT | +0.0220% | 8h | 0.3579 | −0.073% | $1.3M | $3.9M | 75x | as long as short |
| Coinbase International CRV-PERP-INTX | +0.0408% | 1h | 0.3589 | +0.207% | $360K | $4.4M | 50x | as long as short |
| GMX CRV/USD [ETH-USDC] | L +0.0415% / S −0.0177% | 1h | 0.3576 | −0.145% | $209K | — | 100x | as long as short |
| Kraken Futures PF_CRVUSD | +0.0667% | 1h | 0.3580 | −0.037% | $3.0M | $2.8M | 50x | as long as short |
Pacifica CRV
Binance CRVUSDT
OKX CRV-USDT-SWAP
Gate CRV_USDT
MEXC CRV_USDT
KuCoin CRVUSDTM
Bitget CRVUSDT
BingX CRV-USDC
Backpack CRV_USDC_PERP
edgeX CRVUSDC
GRVT CRV_USDT_Perp
ApeX Omni CRVUSDT
Orderly PERP_CRV_USDC
SunX CRV-USDT
Extended CRV-USD
Aevo CRV-PERP
BloFin CRV-USDT
Coinbase International CRV-PERP-INTX
GMX CRV/USD [ETH-USDC]
Kraken Futures PF_CRVUSD