Funding you earn now, next payment 09:00 UTC−0.0067%/8h= −7.3% APRnext payment −$0.08 per $10,000 · paid last 24h −0.088%
Price spread now: Injective against Hyperliquid+1.809%73s7-day average −0.170% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.198%−$20 on $10k
+Price spread, last 4 days (all we have)−2.551%−$255 · spread now +1.809%, 7d avg −0.170%
=Together, before fees−2.749%+ Points / potential airdropHyperliquid: Season 2 · farm board−$275 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Injective is 1.978% dearer against Hyperliquid than usual: you sell high and buy low (spread +1.809% now, against its 7-day average of −0.170%): +$198 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 3 months. The two prices were read 73 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 | Hyperliquid CRV | 0.3605 | 0.0100 | pay 0.0013% / 1h | 14m 06s | $21.4M | $16.8M | 10x |
| Short | Injective CRV/USDC PERP | 0.3670 | 0.0033 | get 0.0004% / 1h | 14m 06s | $79 | $384K | 12x |
Hyperliquid CRV
Injective CRV/USDC PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Injective 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
- −$14
- Price spread: +1.809% → −0.170%
- $197.83
- Slippage, 4 orders
- no order book: not counted
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- $174.81
- Costs to cover
- 0.090%
- Break-even
- from the start
Slippage unknown: Hyperliquid: live order book, 9 min ago; Injective: 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 | 2.92 bp | 11.8 bp −$12 | doesn't fit | doesn't fit | doesn't fit |
| Sell Injective no order-book sample | — | — | — | — | — |
Injective: 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 | 0.3601 | −0.092% | $15 | — | 15x | as long as short |
| Variational Omni CRV | −0.0041% | 8h | 0.3601 | −0.106% | $1.1M | $106K | — | as long as short |
| Phoenix CRV | −0.0022% | 1h | 0.3603 | −0.058% | $26K | $190K | 10x | as long as short |
| dYdX CRV-USD | 0.0000% | 1h | 0.3600 | −0.133% | $40K | $13K | 10x | as long as short |
| Deribit CRV_USDC-PERPETUAL | 0.0000% | 1h | 0.3599 | −0.161% | $54K | $46K | 25x | as long as short |
| Backpack CRV_USDC_PERP | +0.0019% | 1h | 0.3602 | −0.089% | $94K | $253K | 10x | as long as short |
| Bybit CRVUSDT | +0.0026% | 8h | 0.3597 | −0.216% | $27.0M | $19.1M | 75x | as long as short |
| Injective CRV/USDC PERPshort | +0.0033% | 1h | 0.3670 | +1.809% | $79 | $384K | 12x | |
| Lighter CRV | +0.0096% | 1h | 0.3600 | −0.125% | $380K | $686K | 10x | as long as short |
| Hyperliquid CRVlong | +0.0100% | 1h | 0.3605 | long leg | $21.4M | $16.8M | 10x |
Reya CRVRUSDPERP
Variational Omni CRV
Phoenix CRV
dYdX CRV-USD
Deribit CRV_USDC-PERPETUAL
Backpack CRV_USDC_PERP
Bybit CRVUSDT
Lighter CRVShow all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster CRVUSDT | +0.0100% | 8h | 0.3601 | −0.112% | $115K | $193K | 10x | as long as short |
| Pacifica CRV | +0.0100% | 1h | 0.3604 | −0.032% | $364K | $200K | 10x | as long as short |
| Binance CRVUSDT | +0.0100% | 8h | 0.3599 | −0.155% | $24.9M | $56.7M | 75x | as long as short |
| OKX CRV-USDT-SWAP | +0.0100% | 8h | 0.3597 | −0.216% | $8.7M | $20.4M | 50x | as long as short |
| Gate CRV_USDT | +0.0100% | 8h | 0.3602 | −0.078% | $1.9M | $1.2M | 50x | as long as short |
| MEXC CRV_USDT | +0.0100% | 8h | 0.3598 | −0.189% | $12.6M | $5.6M | 125x | as long as short |
| KuCoin CRVUSDTM | +0.0100% | 8h | 0.3601 | −0.105% | $6.8M | $8.5M | 50x | as long as short |
| Bitget CRVUSDT | +0.0100% | 8h | 0.3600 | −0.133% | $6.8M | $5.4M | 75x | as long as short |
| BingX CRV-USDT | +0.0100% | 8h | 0.3600 | −0.133% | — | $23.5M | — | as long as short |
| edgeX CRVUSDC | +0.0100% | 4h | 0.3600 | −0.143% | $37K | $175K | 20x | as long as short |
| GRVT CRV_USDT_Perp | +0.0100% | 8h | 0.3591 | −0.379% | $501K | $432K | 10x | as long as short |
| ApeX Omni CRVUSDT | +0.0100% | 1h | 0.3600 | −0.133% | $52K | $655K | 50x | as long as short |
| Orderly PERP_CRV_USDC | +0.0100% | 8h | 0.3600 | −0.133% | $24K | $850 | 10x | as long as short |
| SunX CRV-USDT | +0.0100% | 8h | 0.3670 | +1.809% | $2K | $1.3M | 20x | as long as short |
| Extended CRV-USD | +0.0104% | 1h | 0.3597 | −0.215% | $256K | $513K | 25x | as long as short |
| Aevo CRV-PERP | +0.0104% | 1h | 0.3599 | −0.162% | $13K | $6K | 3x | as long as short |
| BloFin CRV-USDT | +0.0220% | 8h | 0.3601 | −0.105% | $1.3M | $3.9M | 75x | as long as short |
| Coinbase International CRV-PERP-INTX | +0.0408% | 1h | 0.3604 | −0.022% | $355K | $4.3M | 50x | as long as short |
| GMX CRV/USD [ETH-USDC] | L +0.0414% / S −0.0177% | 1h | 0.3597 | −0.207% | $210K | — | 100x | as long as short |
| Kraken Futures PF_CRVUSD | +0.0663% | 1h | 0.3604 | −0.012% | $3.0M | $2.6M | 50x | as long as short |
Aster CRVUSDT
Pacifica CRV
Binance CRVUSDT
OKX CRV-USDT-SWAP
Gate CRV_USDT
MEXC CRV_USDT
KuCoin CRVUSDTM
Bitget CRVUSDT
BingX CRV-USDT
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