Funding you earn now, next payment 08:00 UTC+0.0207%/8h= +22.7% APRnext payment +$2.07 per $10,000 · paid last 24h +0.009%
Price spread now: Bybit against Gate+0.036%7-day average −0.011% · you sell dearer than you buy
Net, funding: paid 7d − costs−$95as in the Funding arb table
Net, price: spread back to 7d avg − costs−$82as in the Price arb table
costs, in and out, $10k−$870.865% of the position
Funding, last 7 days−0.083%−$8 on $10k
+Price spread, last 7 days−0.082%−$8 · spread now +0.036%, 7d avg −0.011%
=Both sides work for this trade now. Funding pays +$6 a day on $10k at the current rate, and Bybit is 0.047% dearer against Gate than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of −0.011%. Mind the row above: over the last 7 days funding on this pair cost −0.083%, so the current rate has only just turned in your favour.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.083% in total (about -4.3% a year). A funding rate is set anew for every payment; at this rate the next one is about +$2.07 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 | Gate CRWV_USDT | 84.210 | −0.0147 | get 0.0147% / 8h | 2h 35m | $5.3M | $3.8M | 50x |
| Short | Bybit CRWVUSDT | 84.240 | 0.0060 | get 0.0060% / 8h | 2h 35m | $2.0M | $1.2M | 25x |
Gate CRWV_USDT
Bybit CRWVUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against Gate. 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
- $43.57
- Price spread: +0.036% → −0.011%
- $4.67
- Slippage, 4 orders
- −$60.53
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$38.29
- Costs to cover
- 0.865%
- Break-even
- 13.2 days
Slippage from Gate: live order book, 2 min ago; Bybit: live order book, 6 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 Gate live order book, 2 min ago | 5.34 bp | 17.2 bp −$17 | 48.0 bp −$480 | 86.5 bp −$8,649 | doesn't fit |
| Sell Bybit live order book, 6 min ago | 4.15 bp | 19.9 bp −$20 | 69.1 bp −$691 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget CRWVUSDT | −0.0598% | 8h | 84.220 | +0.012% | $1.8M | $1.9M | 20x | as long as short |
| Gate CRWV_USDTlong | −0.0147% | 8h | 84.210 | long leg | $5.3M | $3.8M | 50x | |
| Aster CRWVUSDT | 0.0000% | 8h | 84.487 | +0.329% | $37K | $33K | 20x | as long as short |
| Extended CRWV-USD | 0.0000% | 1h | 84.227 | +0.020% | $15K | $241K | 10x | as long as short |
| Binance CRWVUSDT | 0.0000% | 8h | 84.241 | +0.037% | $9.2M | $17.8M | 25x | as long as short |
| OKX CRWV-USDT-SWAP | 0.0000% | 8h | 84.210 | 0.000% | $2.3M | $5.2M | 25x | as long as short |
| Variational Omni CRWV | 0.0000% | 8h | 84.202 | −0.010% | $303K | $286K | — | as long as short |
| GRVT CRWV_USDT_Perp | 0.0000% | 8h | 84.190 | −0.023% | $2K | $193K | 10x | as long as short |
| SunX CRWV-USDT | 0.0000% | 8h | 84.180 | −0.036% | $2K | $4.4M | 10x | as long as short |
| HTX CRWV-USDT | 0.0000% | 8h | 84.280 | +0.083% | $138K | $2K | 20x | as long as short |
Bitget CRWVUSDT
Aster CRWVUSDT
Extended CRWV-USD
Binance CRWVUSDT
OKX CRWV-USDT-SWAP
Variational Omni CRWV
GRVT CRWV_USDT_Perp
SunX CRWV-USDT
HTX CRWV-USDTShow all 23 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| QFEX CRWV-USD | +0.0021% | 1h | 84.230 | +0.024% | $1.3M | $2.5M | 10x | as long as short |
| BloFin CRWV-USDT | +0.0024% | 8h | 84.150 | −0.071% | $111K | $66K | 20x | as long as short |
| Lighter CRWV | +0.0032% | 1h | 84.230 | +0.024% | $96K | $35K | 10x | as long as short |
| Lighter RH CRWV | +0.0032% | 1h | 84.230 | +0.024% | $400K | $377K | 10x | as long as short |
| Arcus CRWV-USD | +0.0040% | 1h | 84.180 | −0.036% | $63K | $79K | 10x | as long as short |
| Vest CRWV-USD-PERP | +0.0046% | 1h | 84.200 | −0.012% | — | $177K | 10x | as long as short |
| tradeXYZ xyz:CRWV | +0.0050% | 1h | 84.160 | −0.059% | $9.1M | $8.2M | 10x | as long as short |
| Polymarket Perps CRWV-USD | +0.0050% | 1h | 84.208 | −0.002% | $76K | $312K | 10x | as long as short |
| Ondo Perps CRWV-USD.P | +0.0050% | 1h | 84.140 | −0.083% | $309K | $158K | 10x | as long as short |
| Bybit CRWVUSDTshort | +0.0060% | 8h | 84.240 | +0.036% | $2.0M | $1.2M | 25x | |
| KuCoin CRWVUSDTM | +0.0100% | 8h | 84.230 | +0.024% | $356K | $545K | 20x | as long as short |
| Phoenix CRWV | +0.0189% | 1h | 84.120 | −0.107% | $1K | $45K | 10x | as long as short |
| edgeX CRWVUSDC | +0.0812% | 4h | 84.144 | −0.078% | $87K | $203K | 10x | as long as short |
QFEX CRWV-USD
BloFin CRWV-USDT
Lighter CRWV
Lighter RH CRWV
Arcus CRWV-USD
Vest CRWV-USD-PERP
tradeXYZ xyz:CRWV
Polymarket Perps CRWV-USD
Ondo Perps CRWV-USD.P
KuCoin CRWVUSDTM
Phoenix CRWV
edgeX CRWVUSDC