Funding you earn now, next payment 00:00 UTC−0.0042%/8h= −4.6% APRnext payment −$0.42 per $10,000 · paid last 24h +0.001%
Price spread now: Bitget against Binance−0.019%7-day average +0.046% · you buy dearer than you sell
Net, funding: paid 7d − costs−$51as in the Funding arb table
Net, price: spread back to 7d avg − costs−$57as in the Price arb table
costs, in and out, $10k−$500.504% of the position
Funding, last 7 days−0.009%−$1 on $10k
+Price spread, last 2 days (all we have)+0.122%+$12 · spread now −0.019%, 7d avg +0.046%
=Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Bitget is 0.064% cheaper against Binance than usual: you would sell low and buy high (−$6 if the spread goes back to its 7-day average of +0.046%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance CRWVUSDT | 86.216 | 0.0042 | pay 0.0042% / 8h | 23m 35s | $9.7M | $18.1M | 25x |
| Short | Bitget CRWVUSDT | 86.200 | 0 | get 0.0000% / 8h | 23m 35s | $2.3M | $2.0M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against Binance. 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
- −$8.79
- Price spread: −0.019% → +0.046%
- −$6.41
- Slippage, 4 orders
- −$28.44
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$65.64
- Costs to cover
- 0.504%
- Break-even
- never at this rate
Slippage from Binance: live order book, 2 min ago; Bitget: live order book, 4 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 Binance live order book, 2 min ago | 0.58 bp | 10.0 bp −$10 | 22.1 bp −$221 | 89.8 bp −$8,979 | doesn't fit |
| Sell Bitget live order book, 4 min ago | 1.74 bp | 13.0 bp −$13 | 39.6 bp −$396 | doesn't fit | doesn't fit |
CRWV on 23 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster CRWVUSDT | 0.0000% | 8h | 86.188 | −0.032% | $37K | $35K | 20x | as long as short |
| OKX CRWV-USDT-SWAP | 0.0000% | 8h | 86.190 | −0.030% | $2.7M | $4.6M | 25x | as long as short |
| Gate CRWV_USDT | 0.0000% | 8h | 86.190 | −0.030% | $5.6M | $3.9M | 50x | as long as short |
| Bitget CRWVUSDTshort | 0.0000% | 8h | 86.200 | −0.019% | $2.3M | $2.0M | 20x | |
| Variational Omni CRWV | 0.0000% | 8h | 86.155 | −0.071% | $314K | $391K | — | as long as short |
| SunX CRWV-USDT | 0.0000% | 8h | 86.140 | −0.088% | $2K | $5.3M | 10x | as long as short |
| HTX CRWV-USDT | 0.0000% | 8h | 86.230 | +0.016% | $141K | $2K | 20x | as long as short |
| GRVT CRWV_USDT_Perp | +0.0015% | 8h | 86.161 | −0.064% | $2K | $205K | 10x | as long as short |
| BloFin CRWV-USDT | +0.0020% | 8h | 86.170 | −0.053% | $171K | $69K | 20x | as long as short |
| Lighter CRWV | +0.0032% | 1h | 86.260 | +0.051% | $105K | $32K | 10x | as long as short |
Show all 23 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter RH CRWV | +0.0032% | 1h | 86.200 | −0.019% | $423K | $445K | 10x | as long as short |
| QFEX CRWV-USD | +0.0037% | 1h | 86.180 | −0.042% | $1.3M | $3.3M | 10x | as long as short |
| Extended CRWV-USD | +0.0040% | 1h | 86.195 | −0.024% | $14K | $228K | 10x | as long as short |
| Binance CRWVUSDTlong | +0.0042% | 8h | 86.216 | long leg | $9.7M | $18.1M | 25x | |
| Vest CRWV-USD-PERP | +0.0046% | 1h | 86.280 | +0.074% | — | $156K | 10x | as long as short |
| Ondo Perps CRWV-USD.P | +0.0050% | 1h | 86.100 | −0.135% | $332K | $217K | 10x | as long as short |
| KuCoin CRWVUSDTM | +0.0100% | 8h | 86.160 | −0.065% | $364K | $517K | 20x | as long as short |
| Phoenix CRWV | +0.0186% | 1h | 86.180 | −0.042% | $1K | $44K | 10x | as long as short |
| Bybit CRWVUSDT | +0.0215% | 8h | 86.240 | +0.028% | $2.2M | $1.2M | 25x | as long as short |
| tradeXYZ xyz:CRWV | +0.0230% | 1h | 86.198 | −0.021% | $9.6M | $7.6M | 10x | as long as short |
| edgeX CRWVUSDC | +0.0322% | 4h | 86.204 | −0.013% | $89K | $200K | 10x | as long as short |
| Polymarket Perps CRWV-USD | +0.0343% | 1h | 86.208 | −0.009% | $66K | $198K | 10x | as long as short |
| Arcus CRWV-USD | +0.0456% | 1h | 86.170 | −0.053% | $62K | $76K | 10x | as long as short |
Binance CRWVUSDT
Bitget CRWVUSDT
Aster CRWVUSDT
OKX CRWV-USDT-SWAP
Gate CRWV_USDT
Variational Omni CRWV
SunX CRWV-USDT
HTX CRWV-USDT
GRVT CRWV_USDT_Perp
BloFin CRWV-USDT
Lighter CRWV
Lighter RH CRWV
Extended CRWV-USD
KuCoin CRWVUSDTM
Phoenix CRWV
Bybit CRWVUSDT
tradeXYZ xyz:CRWV
edgeX CRWVUSDC
Polymarket Perps CRWV-USD