Funding you earn now, next payment 00:00 UTC−0.0199%/8h= −21.8% APRnext payment −$1.99 per $10,000 · paid last 24h −0.100%
Price spread now: HTX against Bybit+0.012%53s7-day average +0.032% · you sell dearer than you buy
Net, funding: paid 7d − costs−$84as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$570.567% of the position
Funding, last 7 days−0.275%−$27 on $10k
+Price spread, last 3 days (all we have)−0.088%−$9 · spread now +0.012%, 7d avg +0.032%
=Both sides work against this trade now: funding costs −$6 a day on $10k at the current rate, and HTX is 0.020% cheaper against Bybit than usual: you would sell low and buy high (−$2 if the spread goes back to its 7-day average of +0.032%). Swap the legs. The two prices were read 53 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit CRWVUSDT | 86.030 | 0.0199 | pay 0.0199% / 8h | 39m 21s | $2.2M | $1.2M | 25x |
| Short | HTX CRWV-USDT | 86.040 | 0 | get 0.0000% / 8h | 39m 21s | $141K | $2K | 20x |
Bybit CRWVUSDT
HTX CRWV-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
HTX 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
- −$41.87
- Price spread: +0.012% → +0.032%
- −$2
- Slippage, 4 orders
- −$33.7
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee HTX: 6 bp × 2 orders
- −$12
- Net
- −$100.57
- Costs to cover
- 0.567%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 2 min ago; HTX: live order book, 37 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, 2 min ago | 4.07 bp | 20.1 bp −$20 | 73.3 bp −$733 | doesn't fit | doesn't fit |
| Sell HTX live order book, 37 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster CRWVUSDT | 0.0000% | 8h | 86.035 | +0.006% | $37K | $35K | 20x | as long as short |
| Extended CRWV-USD | 0.0000% | 1h | 85.995 | −0.041% | $14K | $228K | 10x | as long as short |
| OKX CRWV-USDT-SWAP | 0.0000% | 8h | 86.010 | −0.023% | $2.7M | $4.6M | 25x | as long as short |
| Gate CRWV_USDT | 0.0000% | 8h | 85.990 | −0.046% | $5.5M | $3.9M | 50x | as long as short |
| Bitget CRWVUSDT | 0.0000% | 8h | 86.000 | −0.035% | $2.3M | $2.0M | 20x | as long as short |
| Variational Omni CRWV | 0.0000% | 8h | 85.994 | −0.042% | $314K | $391K | — | as long as short |
| GRVT CRWV_USDT_Perp | 0.0000% | 8h | 86.019 | −0.013% | $2K | $206K | 10x | as long as short |
| SunX CRWV-USDT | 0.0000% | 8h | 85.900 | −0.151% | $2K | $5.3M | 10x | as long as short |
| HTX CRWV-USDTshort | 0.0000% | 8h | 86.040 | +0.012% | $141K | $2K | 20x | |
| Binance CRWVUSDT | +0.0003% | 8h | 86.016 | −0.016% | $9.6M | $18.1M | 25x | 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
Binance CRWVUSDTShow all 23 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin CRWV-USDT | +0.0013% | 8h | 85.990 | −0.046% | $170K | $69K | 20x | as long as short |
| Lighter CRWV | +0.0032% | 1h | 86.090 | +0.070% | $104K | $32K | 10x | as long as short |
| Lighter RH CRWV | +0.0032% | 1h | 86.010 | −0.023% | $422K | $445K | 10x | as long as short |
| QFEX CRWV-USD | +0.0037% | 1h | 85.990 | −0.046% | $1.3M | $3.3M | 10x | as long as short |
| Vest CRWV-USD-PERP | +0.0046% | 1h | 86.040 | +0.012% | — | $156K | 10x | as long as short |
| Ondo Perps CRWV-USD.P | +0.0050% | 1h | 85.840 | −0.221% | $332K | $216K | 10x | as long as short |
| KuCoin CRWVUSDTM | +0.0100% | 8h | 86.000 | −0.035% | $364K | $517K | 20x | as long as short |
| Phoenix CRWV | +0.0186% | 1h | 85.960 | −0.081% | $1K | $44K | 10x | as long as short |
| Bybit CRWVUSDTlong | +0.0199% | 8h | 86.030 | long leg | $2.2M | $1.2M | 25x | |
| tradeXYZ xyz:CRWV | +0.0270% | 1h | 85.981 | −0.057% | $9.6M | $7.6M | 10x | as long as short |
| Polymarket Perps CRWV-USD | +0.0383% | 1h | 86.041 | +0.013% | $66K | $198K | 10x | as long as short |
| Arcus CRWV-USD | +0.0456% | 1h | 85.990 | −0.046% | $61K | $76K | 10x | as long as short |
| edgeX CRWVUSDC | +0.0786% | 4h | 85.989 | −0.048% | $89K | $200K | 10x | as long as short |
BloFin CRWV-USDT
Lighter CRWV
Lighter RH CRWV
QFEX CRWV-USD
Vest CRWV-USD-PERP
Ondo Perps CRWV-USD.P
KuCoin CRWVUSDTM
Phoenix CRWV
tradeXYZ xyz:CRWV
Polymarket Perps CRWV-USD
Arcus CRWV-USD
edgeX CRWVUSDC