Funding you earn now, next payment 08:00 UTC+0.0010%/8h= +1.1% APRnext payment +$0.10 per $10,000 · paid last 24h +0.013%
Price spread now: BloFin against Binance−0.012%7-day average +0.018% · you buy dearer than you sell
Net, funding: paid 7d − costs−$33as in the Funding arb table
Net, price: spread back to 7d avg − costs−$43as in the Price arb table
costs, in and out, $10k−$400.402% of the position
Funding, last 7 days+0.075%+$7 on $10k
+Price spread, last 4 days (all we have)−0.021%−$2 · spread now −0.012%, 7d avg +0.018%
=Funding pays, the price is against you. BloFin is 0.030% cheaper against Binance than usual: you would sell low and buy high (spread −0.012% now, against its 7-day average of +0.018%). If the spread goes back, that is −$3 on $10k: about 9.5 days of funding at the current rate ($0 a day). At the pace of the last 7 days (+0.075% in total) that is about 2.8 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance CRWVUSDT | 85.520 | 0 | get 0.0000% / 8h | 3h 46m | $9.5M | $17.3M | 25x |
| Short | BloFin CRWV-USDT | 85.510 | 0.0010 | get 0.0010% / 8h | 3h 46m | $162K | $67K | 20x |
Binance CRWVUSDT
BloFin CRWV-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin 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
- $2.19
- Price spread: −0.012% → +0.018%
- −$2.99
- Slippage, 4 orders
- −$18.16
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$40.95
- Costs to cover
- 0.402%
- Break-even
- 137.7 days
Slippage from Binance: live order book, 9 min ago; BloFin: live order book, 43 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, 9 min ago | 1.17 bp | 9.4 bp −$9 | 18.6 bp −$186 | 81.7 bp −$8,166 | doesn't fit |
| Sell BloFin live order book, 43 min ago | 1.74 bp | 13.9 bp −$14 | 26.2 bp −$262 | 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 | 85.683 | +0.191% | $37K | $33K | 20x | as long as short |
| Extended CRWV-USD | 0.0000% | 1h | 85.526 | +0.007% | $19K | $301K | 10x | as long as short |
| Binance CRWVUSDTlong | 0.0000% | 8h | 85.520 | long leg | $9.5M | $17.3M | 25x | |
| OKX CRWV-USDT-SWAP | 0.0000% | 8h | 85.510 | −0.012% | $2.5M | $4.9M | 25x | as long as short |
| Gate CRWV_USDT | 0.0000% | 8h | 85.510 | −0.012% | $5.4M | $3.7M | 50x | as long as short |
| Bitget CRWVUSDT | 0.0000% | 8h | 85.520 | 0.000% | $1.9M | $2.1M | 20x | as long as short |
| Variational Omni CRWV | 0.0000% | 8h | 85.600 | +0.094% | $312K | $299K | — | as long as short |
| GRVT CRWV_USDT_Perp | 0.0000% | 8h | 85.390 | −0.152% | $2K | $192K | 10x | as long as short |
| SunX CRWV-USDT | 0.0000% | 8h | 85.480 | −0.047% | $1K | $4.5M | 10x | as long as short |
| HTX CRWV-USDT | 0.0000% | 8h | 84.990 | −0.620% | $139K | $2K | 20x | as long as short |
Aster CRWVUSDT
Extended CRWV-USD
OKX CRWV-USDT-SWAP
Gate CRWV_USDT
Bitget CRWVUSDT
Variational Omni CRWV
GRVT CRWV_USDT_Perp
SunX CRWV-USDT
HTX CRWV-USDTShow all 23 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin CRWV-USDTshort | +0.0010% | 8h | 85.510 | −0.012% | $162K | $67K | 20x | |
| QFEX CRWV-USD | +0.0025% | 1h | 85.540 | +0.023% | $1.4M | $2.5M | 10x | as long as short |
| Lighter CRWV | +0.0032% | 1h | 85.530 | +0.012% | $102K | $29K | 10x | as long as short |
| Lighter RH CRWV | +0.0032% | 1h | 85.480 | −0.047% | $415K | $355K | 10x | as long as short |
| Arcus CRWV-USD | +0.0040% | 1h | 85.470 | −0.058% | $64K | $78K | 10x | as long as short |
| Vest CRWV-USD-PERP | +0.0046% | 1h | 85.560 | +0.047% | — | $156K | 10x | as long as short |
| tradeXYZ xyz:CRWV | +0.0050% | 1h | 85.489 | −0.036% | $9.4M | $8.0M | 10x | as long as short |
| Polymarket Perps CRWV-USD | +0.0050% | 1h | 85.506 | −0.016% | $83K | $294K | 10x | as long as short |
| Ondo Perps CRWV-USD.P | +0.0050% | 1h | 85.300 | −0.257% | $322K | $147K | 10x | as long as short |
| Phoenix CRWV | +0.0093% | 1h | 85.350 | −0.199% | $1K | $45K | 10x | as long as short |
| KuCoin CRWVUSDTM | +0.0100% | 8h | 85.460 | −0.070% | $361K | $517K | 20x | as long as short |
| Bybit CRWVUSDT | +0.0123% | 8h | 85.500 | −0.023% | $2.1M | $1.1M | 25x | as long as short |
| edgeX CRWVUSDC | +0.0599% | 4h | 85.393 | −0.148% | $88K | $203K | 10x | as long as short |
QFEX CRWV-USD
Lighter CRWV
Lighter RH CRWV
Arcus CRWV-USD
Vest CRWV-USD-PERP
tradeXYZ xyz:CRWV
Polymarket Perps CRWV-USD
Ondo Perps CRWV-USD.P
Phoenix CRWV
KuCoin CRWVUSDTM
Bybit CRWVUSDT
edgeX CRWVUSDC