CRWV

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0385%/8h= +42.1% APRnext payment +$3.85 per $10,000 · paid last 24h +0.082%

Price spread now: Bybit against Bitget+0.035%7-day average −0.036% · you sell dearer than you buy

Net, funding: paid 7d − costs−$39as in the Funding arb table

Net, price: spread back to 7d avg − costs−$54as in the Price arb table

costs, in and out, $10k−$610.607% of the position

Long on Bitget Short on Bybit

What this pair did over the last

the charts below follow

Funding, last 7 days+0.216%+$22 on $10k

Price spread, last 7 days−0.103%−$10 · spread now +0.035%, 7d avg −0.036%

Together, before fees+0.113%+$11 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$12 a day on $10k at the current rate, and Bybit is 0.071% dearer against Bitget than usual: you sell high and buy low: +$7 more if the spread goes back to its 7-day average of −0.036%.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.216% in total (about 11.3% a year). A funding rate is set anew for every payment; at this rate the next one is about +$3.85 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget CRWVUSDT	85.890	0	get 0.0000% / 8h	6h 23m	$2.2M	$1.9M	20x
Short	Bybit CRWVUSDT	85.920	0.0385	get 0.0385% / 8h	6h 23m	$2.2M	$1.2M	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bybit against Bitget. 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

Position, each leg$Hold fordaysFee BitgetbpFee BybitbpOrdersPrice spread, now +0.035%Rate

Funding earned: $80.82
Price spread: +0.035% → −0.036%: $7.14
Slippage, 4 orders: −$37.65
Fee Bitget: 6 bp × 2 orders: −$12
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: $27.31
Costs to cover: 0.607%
Break-even: 4.6 days

Slippage from Bitget: live order book, 4 min ago; Bybit: live order book, 3 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 Bitget live order book, 4 min ago	4.08 bp	17.3 bp −$17	33.7 bp −$337	doesn't fit	doesn't fit
Sell Bybit live order book, 3 min ago	2.91 bp	13.6 bp −$14	74.2 bp −$742	doesn't fit	doesn't fit

CRWV on 22 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	85.984	+0.110%	$37K	$35K	20x	as long as short
OKX CRWV-USDT-SWAP	0.0000%	8h	85.960	+0.081%	$2.6M	$4.6M	25x	as long as short
Gate CRWV_USDT	0.0000%	8h	85.930	+0.047%	$5.5M	$4.0M	50x	as long as short
Bitget CRWVUSDTlong	0.0000%	8h	85.890	long leg	$2.2M	$1.9M	20x
GRVT CRWV_USDT_Perp	0.0000%	8h	85.910	+0.023%	$2K	$190K	10x	as long as short
SunX CRWV-USDT	0.0000%	8h	85.840	−0.058%	$2K	$4.8M	10x	as long as short
HTX CRWV-USDT	0.0000%	8h	85.920	+0.035%	$140K	$2K	20x	as long as short
QFEX CRWV-USD	+0.0018%	1h	85.910	+0.023%	$1.3M	$2.9M	10x	as long as short
Lighter CRWV	+0.0032%	1h	85.950	+0.070%	$104K	$30K	10x	as long as short
Lighter RH CRWV	+0.0032%	1h	85.900	+0.012%	$418K	$357K	10x	as long as short

Show all 22 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Variational Omni CRWV	+0.0037%	8h	85.886	−0.005%	$313K	$309K	—	as long as short
Arcus CRWV-USD	+0.0040%	1h	85.830	−0.070%	$64K	$79K	10x	as long as short
Vest CRWV-USD-PERP	+0.0046%	1h	85.970	+0.093%	—	$156K	10x	as long as short
Ondo Perps CRWV-USD.P	+0.0050%	1h	85.870	−0.023%	$331K	$133K	10x	as long as short
KuCoin CRWVUSDTM	+0.0100%	8h	85.850	−0.047%	$364K	$523K	20x	as long as short
Extended CRWV-USD	+0.0112%	1h	85.917	+0.032%	$16K	$312K	10x	as long as short
Binance CRWVUSDT	+0.0113%	8h	85.940	+0.058%	$9.6M	$17.3M	25x	as long as short
tradeXYZ xyz:CRWV	+0.0223%	1h	85.872	−0.021%	$9.7M	$8.2M	10x	as long as short
Phoenix CRWV	+0.0278%	1h	85.890	0.000%	$1K	$46K	10x	as long as short
Bybit CRWVUSDTshort	+0.0385%	8h	85.920	+0.035%	$2.2M	$1.2M	25x
edgeX CRWVUSDC	+0.0482%	4h	85.808	−0.095%	$88K	$201K	10x	as long as short
Polymarket Perps CRWV-USD	+0.0644%	1h	85.978	+0.102%	$85K	$287K	10x	as long as short