Funding you earn now, next payment 00:00 UTC−0.0083%/8h= −9.1% APRnext payment −$0.83 per $10,000 · paid last 24h −0.009%
Price spread now: HTX against Binance+0.018%7-day average +0.060% · you sell dearer than you buy
Net, funding: paid 7d − costs−$50as in the Funding arb table
Net, price: spread back to 7d avg − costs−$45as in the Price arb table
costs, in and out, $10k−$410.405% of the position
Funding, last 7 days−0.091%−$9 on $10k
+Price spread, last 2 days (all we have)+0.018%+$2 · spread now +0.018%, 7d avg +0.060%
=Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and HTX is 0.043% cheaper against Binance than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of +0.060%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance CRWVUSDT | 86.385 | 0.0083 | pay 0.0083% / 8h | 15m 40s | $9.7M | $18.0M | 25x |
| Short | HTX CRWV-USDT | 86.400 | 0 | get 0.0000% / 8h | 15m 40s | $141K | $2K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
HTX 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
- −$17.37
- Price spread: +0.018% → +0.060%
- −$4.29
- Slippage, 4 orders
- −$18.51
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee HTX: 6 bp × 2 orders
- −$12
- Net
- −$62.17
- Costs to cover
- 0.405%
- Break-even
- never at this rate
Slippage from Binance: live order book, 10 min ago; HTX: live order book, 60 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, 10 min ago | 0.58 bp | 10.0 bp −$10 | 22.1 bp −$221 | 89.8 bp −$8,979 | doesn't fit |
| Sell HTX live order book, 60 min ago | 4.08 bp | 11.2 bp −$11 | 28.1 bp −$281 | 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin CRWV-USDT | −0.0013% | 8h | 86.450 | +0.075% | $171K | $69K | 20x | as long as short |
| Aster CRWVUSDT | 0.0000% | 8h | 86.501 | +0.134% | $37K | $35K | 20x | as long as short |
| OKX CRWV-USDT-SWAP | 0.0000% | 8h | 86.450 | +0.075% | $2.7M | $4.6M | 25x | as long as short |
| Gate CRWV_USDT | 0.0000% | 8h | 86.370 | −0.017% | $5.6M | $3.9M | 50x | as long as short |
| Bitget CRWVUSDT | 0.0000% | 8h | 86.370 | −0.017% | $2.3M | $2.0M | 20x | as long as short |
| Variational Omni CRWV | 0.0000% | 8h | 86.392 | +0.009% | $315K | $391K | — | as long as short |
| SunX CRWV-USDT | 0.0000% | 8h | 86.300 | −0.098% | $1K | $5.3M | 10x | as long as short |
| HTX CRWV-USDTshort | 0.0000% | 8h | 86.400 | +0.018% | $141K | $2K | 20x | |
| Lighter CRWV | +0.0032% | 1h | 86.460 | +0.087% | $105K | $32K | 10x | as long as short |
| Lighter RH CRWV | +0.0032% | 1h | 86.400 | +0.018% | $424K | $445K | 10x | as long as short |
Show all 23 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| QFEX CRWV-USD | +0.0037% | 1h | 86.370 | −0.017% | $1.4M | $3.3M | 10x | as long as short |
| Vest CRWV-USD-PERP | +0.0046% | 1h | 86.480 | +0.110% | — | $156K | 10x | as long as short |
| Ondo Perps CRWV-USD.P | +0.0050% | 1h | 86.340 | −0.052% | $333K | $217K | 10x | as long as short |
| GRVT CRWV_USDT_Perp | +0.0060% | 8h | 86.390 | +0.006% | $2K | $205K | 10x | as long as short |
| Extended CRWV-USD | +0.0080% | 1h | 86.371 | −0.016% | $14K | $228K | 10x | as long as short |
| Binance CRWVUSDTlong | +0.0083% | 8h | 86.385 | long leg | $9.7M | $18.0M | 25x | |
| KuCoin CRWVUSDTM | +0.0100% | 8h | 86.340 | −0.052% | $366K | $517K | 20x | as long as short |
| Phoenix CRWV | +0.0186% | 1h | 86.340 | −0.052% | $1K | $44K | 10x | as long as short |
| tradeXYZ xyz:CRWV | +0.0205% | 1h | 86.371 | −0.016% | $9.6M | $7.6M | 10x | as long as short |
| Bybit CRWVUSDT | +0.0212% | 8h | 86.440 | +0.064% | $2.2M | $1.2M | 25x | as long as short |
| Polymarket Perps CRWV-USD | +0.0322% | 1h | 86.423 | +0.044% | $67K | $198K | 10x | as long as short |
| edgeX CRWVUSDC | +0.0363% | 4h | 86.406 | +0.024% | $89K | $202K | 10x | as long as short |
| Arcus CRWV-USD | +0.0456% | 1h | 86.360 | −0.029% | $62K | $76K | 10x | as long as short |
Binance CRWVUSDT
HTX CRWV-USDT
BloFin CRWV-USDT
Aster CRWVUSDT
OKX CRWV-USDT-SWAP
Gate CRWV_USDT
Bitget CRWVUSDT
Variational Omni CRWV
SunX CRWV-USDT
Lighter CRWV
Lighter RH CRWV
GRVT CRWV_USDT_Perp
Extended CRWV-USD
KuCoin CRWVUSDTM
Phoenix CRWV
tradeXYZ xyz:CRWV
Bybit CRWVUSDT
Polymarket Perps CRWV-USD
edgeX CRWVUSDC