CRWV

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0341%/8h= −37.3% APRnext payment −$3.41 per $10,000 · paid last 24h −0.057%

Price spread now: OKX against Bybit0.000%7-day average +0.012% · you sell dearer than you buy

Net, funding: paid 7d − costs−$67as in the Funding arb table

Net, price: spread back to 7d avg − costs−$57as in the Price arb table

costs, in and out, $10k−$560.555% of the position

Long on Bybit Short on OKX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.114%−$11 on $10k

Price spread, last 7 days+0.040%+$4 · spread now 0.000%, 7d avg +0.012%

Together, before fees−0.074%−$7 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.012%, so right now this pair is about funding alone: −$10 a day on $10k at the current rate.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.114% in total (about -6.0% a year). A funding rate is set anew for every payment; at this rate the next one is about −$3.41 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	Bybit CRWVUSDT	85.840	0.0341	pay 0.0341% / 8h	6h 19m	$2.2M	$1.2M	25x
Short	OKX CRWV-USDT-SWAP	85.840	0	get 0.0000% / 8h	6h 19m	$2.6M	$4.6M	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX against Bybit. 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 BybitbpFee OKXbpOrdersPrice spread, now 0.000%Rate

Funding earned: −$71.56
Price spread: 0.000% → +0.012%: −$1.22
Slippage, 4 orders: −$34.53
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee OKX: 5 bp × 2 orders: −$10
Net: −$128.31
Costs to cover: 0.555%
Break-even: never at this rate

Slippage from Bybit: live order book, 2 min ago; OKX: 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 Bybit live order book, 2 min ago	2.91 bp	15.3 bp −$15	66.7 bp −$667	doesn't fit	doesn't fit
Sell OKX live order book, 3 min ago	1.16 bp	10.1 bp −$10	29.4 bp −$294	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	85.939	+0.115%	$37K	$35K	20x	as long as short
OKX CRWV-USDT-SWAPshort	0.0000%	8h	85.840	0.000%	$2.6M	$4.6M	25x
Gate CRWV_USDT	0.0000%	8h	85.820	−0.023%	$5.5M	$4.0M	50x	as long as short
Bitget CRWVUSDT	0.0000%	8h	85.780	−0.070%	$2.2M	$1.9M	20x	as long as short
GRVT CRWV_USDT_Perp	0.0000%	8h	85.920	+0.093%	$2K	$191K	10x	as long as short
SunX CRWV-USDT	0.0000%	8h	85.740	−0.116%	$2K	$4.8M	10x	as long as short
HTX CRWV-USDT	0.0000%	8h	85.900	+0.070%	$140K	$2K	20x	as long as short
QFEX CRWV-USD	+0.0018%	1h	85.780	−0.070%	$1.3M	$2.9M	10x	as long as short
Lighter CRWV	+0.0032%	1h	85.840	0.000%	$104K	$30K	10x	as long as short
Lighter RH CRWV	+0.0032%	1h	85.770	−0.082%	$417K	$357K	10x	as long as short

Show all 22 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Arcus CRWV-USD	+0.0040%	1h	85.800	−0.047%	$64K	$79K	10x	as long as short
Variational Omni CRWV	+0.0040%	8h	85.839	−0.001%	$313K	$309K	—	as long as short
Vest CRWV-USD-PERP	+0.0046%	1h	85.850	+0.012%	—	$156K	10x	as long as short
Ondo Perps CRWV-USD.P	+0.0050%	1h	85.870	+0.035%	$332K	$133K	10x	as long as short
KuCoin CRWVUSDTM	+0.0100%	8h	85.820	−0.023%	$363K	$525K	20x	as long as short
Binance CRWVUSDT	+0.0110%	8h	85.803	−0.043%	$9.6M	$17.3M	25x	as long as short
Extended CRWV-USD	+0.0112%	1h	85.762	−0.091%	$16K	$312K	10x	as long as short
tradeXYZ xyz:CRWV	+0.0192%	1h	85.776	−0.075%	$9.7M	$8.2M	10x	as long as short
Phoenix CRWV	+0.0278%	1h	85.910	+0.082%	$1K	$46K	10x	as long as short
Bybit CRWVUSDTlong	+0.0341%	8h	85.840	long leg	$2.2M	$1.2M	25x
Polymarket Perps CRWV-USD	+0.0611%	1h	85.854	+0.016%	$85K	$287K	10x	as long as short
edgeX CRWVUSDC	+0.0965%	4h	85.859	+0.022%	$88K	$202K	10x	as long as short