Funding you earn now, next payment 00:00 UTC−0.0117%/8h= −12.8% APRnext payment −$1.17 per $10,000 · paid last 24h −0.091%
Price spread now: Binance against Bybit−0.023%7-day average −0.012% · you buy dearer than you sell
Net, funding: paid 7d − costs−$72as in the Funding arb table
Net, price: spread back to 7d avg − costs−$55as in the Price arb table
costs, in and out, $10k−$540.539% of the position
Funding, last 7 days−0.184%−$18 on $10k
+Price spread, last 2 days (all we have)−0.048%−$5 · spread now −0.023%, 7d avg −0.012%
=The price spread sits at its 7-day average of −0.012%, so right now this pair is about funding alone: −$4 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit CRWVUSDT | 85.740 | 0.0117 | pay 0.0117% / 8h | 2h 05m | $2.2M | $1.3M | 25x |
| Short | Binance CRWVUSDT | 85.720 | 0 | get 0.0000% / 8h | 2h 05m | $9.7M | $18.3M | 25x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Bybit. 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
- −$24.57
- Price spread: −0.023% → −0.012%
- −$1.18
- Slippage, 4 orders
- −$32.95
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$79.69
- Costs to cover
- 0.539%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 1 min ago; Binance: live order book, 5 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 Bybit live order book, 1 min ago | 3.50 bp | 20.0 bp −$20 | 66.6 bp −$666 | doesn't fit | doesn't fit |
| Sell Binance live order book, 5 min ago | 1.17 bp | 10.0 bp −$10 | 14.7 bp −$147 | 91.1 bp −$9,114 | 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 | −0.0024% | 8h | 85.700 | −0.047% | $170K | $68K | 20x | as long as short |
| Aster CRWVUSDT | 0.0000% | 8h | 85.669 | −0.083% | $37K | $35K | 20x | as long as short |
| Extended CRWV-USD | 0.0000% | 1h | 85.709 | −0.036% | $14K | $228K | 10x | as long as short |
| Binance CRWVUSDTshort | 0.0000% | 8h | 85.720 | −0.023% | $9.7M | $18.3M | 25x | |
| OKX CRWV-USDT-SWAP | 0.0000% | 8h | 85.740 | 0.000% | $2.7M | $4.6M | 25x | as long as short |
| Gate CRWV_USDT | 0.0000% | 8h | 85.710 | −0.035% | $5.5M | $4.2M | 50x | as long as short |
| Bitget CRWVUSDT | 0.0000% | 8h | 85.700 | −0.047% | $2.2M | $2.0M | 20x | as long as short |
| Variational Omni CRWV | 0.0000% | 8h | 85.698 | −0.049% | $313K | $396K | — | as long as short |
| GRVT CRWV_USDT_Perp | 0.0000% | 8h | 85.709 | −0.036% | $2K | $222K | 10x | as long as short |
| SunX CRWV-USDT | 0.0000% | 8h | 85.640 | −0.117% | $1K | $5.4M | 10x | as long as short |
Show all 23 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX CRWV-USDT | 0.0000% | 8h | 85.720 | −0.023% | $140K | $2K | 20x | as long as short |
| Lighter CRWV | +0.0032% | 1h | 85.750 | +0.012% | $104K | $32K | 10x | as long as short |
| Lighter RH CRWV | +0.0032% | 1h | 85.700 | −0.047% | $421K | $474K | 10x | as long as short |
| QFEX CRWV-USD | +0.0032% | 1h | 85.750 | +0.012% | $1.3M | $3.2M | 10x | as long as short |
| Vest CRWV-USD-PERP | +0.0046% | 1h | 85.680 | −0.070% | — | $156K | 10x | as long as short |
| Ondo Perps CRWV-USD.P | +0.0050% | 1h | 85.630 | −0.128% | $331K | $216K | 10x | as long as short |
| tradeXYZ xyz:CRWV | +0.0079% | 1h | 85.660 | −0.093% | $9.6M | $7.7M | 10x | as long as short |
| Phoenix CRWV | +0.0093% | 1h | 85.660 | −0.093% | $1K | $44K | 10x | as long as short |
| KuCoin CRWVUSDTM | +0.0100% | 8h | 85.660 | −0.093% | $363K | $519K | 20x | as long as short |
| Bybit CRWVUSDTlong | +0.0117% | 8h | 85.740 | long leg | $2.2M | $1.3M | 25x | |
| Polymarket Perps CRWV-USD | +0.0256% | 1h | 85.751 | +0.013% | $69K | $192K | 10x | as long as short |
| edgeX CRWVUSDC | +0.0375% | 4h | 85.720 | −0.023% | $89K | $200K | 10x | as long as short |
| Arcus CRWV-USD | +0.0402% | 1h | 85.720 | −0.023% | $61K | $76K | 10x | as long as short |
Bybit CRWVUSDT
Binance CRWVUSDT
BloFin CRWV-USDT
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-USDT
Lighter CRWV
Lighter RH CRWV
tradeXYZ xyz:CRWV
Phoenix CRWV
KuCoin CRWVUSDTM
Polymarket Perps CRWV-USD
edgeX CRWVUSDC