Settings8H · net · $10k
Funding arb · Price arb /

CRV

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Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC+0.0321%/8h= +35.2% APRpaid last 24h +0.068%
Price spread now: Hyperliquid against SunX−0.647%7-day average −0.223% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days+0.093%+$9 on $10k
Price spread, last 3 days (all we have)+0.710%+$71 · spread now −0.647%, 7d avg −0.223%
Together, before fees+0.803%+ Points / potential airdropHyperliquid: Season 2 · farm board+$80 on $10k · with fees, hour by hour
Funding pays, the price is against you. Hyperliquid is 0.424% cheaper against SunX than usual: you would sell low and buy high (spread −0.647% now, against its 7-day average of −0.223%). If the spread goes back, that is −$42 on $10k: about 4.4 days of funding at the current rate (+$10 a day). At the pace of the last 7 days (+0.093% in total) that is about 32 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.093% in total (about 4.8% 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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSunX CRV-USDT0.37070.0100pay 0.0100% / 8h1h 33m$2K$1.3M20x
ShortHyperliquid CRV0.36830.0421get 0.0053% / 1h33m 15s$22.9M$16.7M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Hyperliquid against SunX. 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
$67.5
Price spread: −0.647% → −0.223%
−$42.43
Slippage, 4 orders
no order book: not counted
Fee SunX: 4 bp × 2 orders
−$8
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Net
$8.07
Costs to cover
0.170%
Break-even
6.2 days
Slippage unknown: SunX: live order book, 11 min ago; Hyperliquid: live order book, 10 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy SunX live order book, 11 min ago446.63 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit
Sell Hyperliquid live order book, 10 min ago1.22 bp10.2 bp −$10doesn'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
Deribit CRV_USDC-PERPETUAL−0.0294%1h0.3676−0.836%$57K$48K25xas long as short
Injective CRV/USDC PERP−0.0228%1h0.3670−0.998%$79$384K12xas long as short
Phoenix CRV−0.0176%1h0.3676−0.842%$26K$181K10xas long as short
Reya CRVRUSDPERP−0.0049%1h0.3675−0.863%$1615xas long as short
dYdX CRV-USD0.0000%1h0.3683−0.654%$38K$4K10xas long as short
Kraken Futures PF_CRVUSD+0.0027%1h0.3680−0.735%$3.1M$3.1M50xas long as short
Orderly PERP_CRV_USDC+0.0095%8h0.3677−0.809%$25K$93010xas long as short
Lighter CRV+0.0096%1h0.3677−0.817%$415K$703K10xas long as short
Aster CRVUSDT+0.0100%8h0.3680−0.723%$132K$186K10xas long as short
Pacifica CRV+0.0100%1h0.3685−0.605%$381K$189K10xas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance CRVUSDT+0.0100%8h0.3675−0.852%$25.8M$57.0M75xas long as short
Bybit CRVUSDT+0.0100%8h0.3677−0.809%$27.9M$17.1M75xas long as short
OKX CRV-USDT-SWAP+0.0100%8h0.3674−0.890%$8.8M$22.2M50xas long as short
Gate CRV_USDT+0.0100%8h0.3680−0.728%$2.0M$1.3M50xas long as short
MEXC CRV_USDT+0.0100%8h0.3677−0.809%$14.8M$5.5M125xas long as short
KuCoin CRVUSDTM+0.0100%8h0.3682−0.674%$7.2M$9.1M50xas long as short
Bitget CRVUSDT+0.0100%8h0.3680−0.728%$6.9M$5.6M75xas long as short
BingX CRV-USDC+0.0100%8h0.3679−0.755%$1.7Mas long as short
Variational Omni CRV+0.0100%8h0.3676−0.834%$1.1M$138Kas long as short
edgeX CRVUSDC+0.0100%4h0.3677−0.800%$38K$172K20xas long as short
GRVT CRV_USDT_Perp+0.0100%8h0.3684−0.614%$513K$437K10xas long as short
ApeX Omni CRVUSDT+0.0100%1h0.3679−0.755%$61K$694K50xas long as short
SunX CRV-USDTlong+0.0100%8h0.3707long leg$2K$1.3M20x
Extended CRV-USD+0.0104%1h0.3674−0.880%$245K$883K25xas long as short
Aevo CRV-PERP+0.0104%1h0.3675−0.866%$19K$9K3xas long as short
BloFin CRV-USDT+0.0220%8h0.3679−0.755%$1.4M$4.5M75xas long as short
Coinbase International CRV-PERP-INTX+0.0376%1h0.3687−0.540%$388K$4.8M50xas long as short
Backpack CRV_USDC_PERP+0.0400%1h0.3679−0.766%$107K$362K10xas long as short
GMX CRV/USD [ETH-USDC]L +0.0403% / S −0.0160%1h0.3678−0.794%$218K100xas long as short
Hyperliquid CRVshort+0.0421%1h0.3683−0.647%$22.9M$16.7M10x