Funding you earn now, next payment 08:00 UTC+0.0212%/8h= +23.2% APRnext payment +$2.12 per $10,000 · paid last 24h −0.001%
Price spread now: GRVT against Bitget−0.100%7-day average −0.044% · you buy dearer than you sell
Net, funding: paid 7d − costs−$62as in the Funding arb table
Net, price: spread back to 7d avg − costs−$70as in the Price arb table
costs, in and out, $10k−$640.642% of the position
Funding, last 7 days+0.018%+$2 on $10k
+Price spread, last 3 days (all we have)+0.140%+$14 · spread now −0.100%, 7d avg −0.044%
=Together, before fees+0.159%+ Points / potential airdropGRVT: Active · farm board+$16 on $10k · with fees, hour by hour
Funding pays, the price is against you. GRVT is 0.056% cheaper against Bitget than usual: you would sell low and buy high (spread −0.100% now, against its 7-day average of −0.044%). If the spread goes back, that is −$6 on $10k: about 21 hours of funding at the current rate (+$6 a day). At the pace of the last 7 days (+0.018% in total) that is about 21 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.018% in total (about 1.0% a year). A funding rate is set anew for every payment; at this rate the next one is about +$2.12 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 | 86.480 | 0 | get 0.0000% / 8h | 7h 37m | $2.3M | $1.9M | 20x |
| Short | GRVT CRWV_USDT_Perp | 86.394 | 0.0212 | get 0.0212% / 8h | 7h 37m | $2K | $199K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
GRVT against Bitget. 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
- $44.52
- Price spread: −0.100% → −0.044%
- −$5.61
- Slippage, 4 orders
- −$43.15
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Net
- −$25.24
- Costs to cover
- 0.642%
- Break-even
- 11.0 days
Slippage from Bitget: live order book, 5 min ago; GRVT: live order book, 31 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, 5 min ago | 4.05 bp | 20.3 bp −$20 | 41.4 bp −$414 | doesn't fit | doesn't fit |
| Sell GRVT live order book, 31 min ago | 2.32 bp | 17.3 bp −$17 | 31.8 bp −$318 | 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 | −0.0017% | 8h | 86.370 | −0.127% | $172K | $69K | 20x | as long as short |
| Aster CRWVUSDT | 0.0000% | 8h | 86.558 | +0.090% | $37K | $35K | 20x | as long as short |
| OKX CRWV-USDT-SWAP | 0.0000% | 8h | 86.490 | +0.012% | $2.7M | $4.6M | 25x | as long as short |
| Gate CRWV_USDT | 0.0000% | 8h | 86.450 | −0.035% | $5.6M | $3.9M | 50x | as long as short |
| Bitget CRWVUSDTlong | 0.0000% | 8h | 86.480 | long leg | $2.3M | $1.9M | 20x | |
| SunX CRWV-USDT | 0.0000% | 8h | 86.350 | −0.150% | $1K | $5.0M | 10x | as long as short |
| HTX CRWV-USDT | 0.0000% | 8h | 86.270 | −0.243% | $141K | $2K | 20x | as long as short |
| QFEX CRWV-USD | +0.0029% | 1h | 86.340 | −0.162% | $1.4M | $3.2M | 10x | as long as short |
| Lighter CRWV | +0.0032% | 1h | 86.460 | −0.023% | $105K | $32K | 10x | as long as short |
| Lighter RH CRWV | +0.0032% | 1h | 86.380 | −0.116% | $421K | $356K | 10x | as long as short |
Show all 23 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Vest CRWV-USD-PERP | +0.0046% | 1h | 86.490 | +0.012% | — | $156K | 10x | as long as short |
| Ondo Perps CRWV-USD.P | +0.0050% | 1h | 86.310 | −0.197% | $333K | $218K | 10x | as long as short |
| Variational Omni CRWV | +0.0076% | 8h | 86.492 | +0.013% | $315K | $391K | — | as long as short |
| KuCoin CRWVUSDTM | +0.0100% | 8h | 86.420 | −0.069% | $366K | $512K | 20x | as long as short |
| tradeXYZ xyz:CRWV | +0.0143% | 1h | 86.432 | −0.056% | $9.7M | $7.6M | 10x | as long as short |
| Binance CRWVUSDT | +0.0150% | 8h | 86.469 | −0.013% | $9.7M | $17.7M | 25x | as long as short |
| Extended CRWV-USD | +0.0152% | 1h | 86.453 | −0.031% | $14K | $307K | 10x | as long as short |
| GRVT CRWV_USDT_Perpshort | +0.0212% | 8h | 86.394 | −0.100% | $2K | $199K | 10x | |
| Phoenix CRWV | +0.0278% | 1h | 86.510 | +0.035% | $1K | $44K | 10x | as long as short |
| Bybit CRWVUSDT | +0.0311% | 8h | 86.500 | +0.023% | $2.2M | $1.2M | 25x | as long as short |
| edgeX CRWVUSDC | +0.0331% | 4h | 86.365 | −0.133% | $89K | $201K | 10x | as long as short |
| Arcus CRWV-USD | +0.0340% | 1h | 86.360 | −0.139% | $64K | $78K | 10x | as long as short |
| Polymarket Perps CRWV-USD | +0.0341% | 1h | 86.436 | −0.051% | $71K | $254K | 10x | as long as short |
Bitget CRWVUSDT
GRVT CRWV_USDT_Perp
BloFin CRWV-USDT
Aster CRWVUSDT
OKX CRWV-USDT-SWAP
Gate CRWV_USDT
SunX CRWV-USDT
HTX CRWV-USDT
Lighter CRWV
Lighter RH CRWV
Variational Omni CRWV
KuCoin CRWVUSDTM
tradeXYZ xyz:CRWV
Binance CRWVUSDT
Extended CRWV-USD
Phoenix CRWV
Bybit CRWVUSDT
edgeX CRWVUSDC
Polymarket Perps CRWV-USD