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: Bitget against GRVT+0.088%7-day average +0.044% · you sell dearer than you buy
Net, funding: paid 7d − costs−$66as in the Funding arb table
Net, price: spread back to 7d avg − costs−$60as 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)−0.129%−$13 · spread now +0.088%, 7d avg +0.044%
=Together, before fees−0.147%+ Points / potential airdropGRVT: Active · farm board−$15 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Bitget is 0.045% dearer against GRVT than usual: you sell high and buy low (spread +0.088% now, against its 7-day average of +0.044%): +$4 on $10k if it goes back. Holding the pair costs −$6 a day in funding at the current rate, which eats that in about 17 hours. At the pace of the last 7 days (−0.018% in total) that is about 17 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 | GRVT CRWV_USDT_Perp | 86.394 | 0.0212 | pay 0.0212% / 8h | 7h 37m | $2K | $199K | 10x |
| Short | Bitget CRWVUSDT | 86.470 | 0 | get 0.0000% / 8h | 7h 37m | $2.3M | $1.9M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against GRVT. 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: +0.088% → +0.044%
- $4.46
- Slippage, 4 orders
- −$43.15
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$104.21
- Costs to cover
- 0.642%
- Break-even
- never at this rate
Slippage from GRVT: live order book, 31 min ago; Bitget: 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 GRVT live order book, 31 min ago | 2.32 bp | 13.2 bp −$13 | 25.0 bp −$250 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 5 min ago | 4.05 bp | 13.3 bp −$13 | 298.6 bp −$2,986 | 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 | −0.028% | $172K | $69K | 20x | as long as short |
| Aster CRWVUSDT | 0.0000% | 8h | 86.541 | +0.170% | $37K | $35K | 20x | as long as short |
| OKX CRWV-USDT-SWAP | 0.0000% | 8h | 86.490 | +0.111% | $2.7M | $4.6M | 25x | as long as short |
| Gate CRWV_USDT | 0.0000% | 8h | 86.450 | +0.065% | $5.6M | $3.9M | 50x | as long as short |
| Bitget CRWVUSDTshort | 0.0000% | 8h | 86.470 | +0.088% | $2.3M | $1.9M | 20x | |
| SunX CRWV-USDT | 0.0000% | 8h | 86.350 | −0.051% | $1K | $5.0M | 10x | as long as short |
| HTX CRWV-USDT | 0.0000% | 8h | 86.270 | −0.143% | $141K | $2K | 20x | as long as short |
| QFEX CRWV-USD | +0.0029% | 1h | 86.340 | −0.062% | $1.4M | $3.2M | 10x | as long as short |
| Lighter CRWV | +0.0032% | 1h | 86.460 | +0.077% | $105K | $32K | 10x | as long as short |
| Lighter RH CRWV | +0.0032% | 1h | 86.380 | −0.016% | $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 | +0.111% | — | $156K | 10x | as long as short |
| Ondo Perps CRWV-USD.P | +0.0050% | 1h | 86.310 | −0.097% | $333K | $218K | 10x | as long as short |
| Variational Omni CRWV | +0.0076% | 8h | 86.492 | +0.113% | $315K | $391K | — | as long as short |
| KuCoin CRWVUSDTM | +0.0100% | 8h | 86.400 | +0.007% | $366K | $512K | 20x | as long as short |
| tradeXYZ xyz:CRWV | +0.0143% | 1h | 86.432 | +0.044% | $9.7M | $7.6M | 10x | as long as short |
| Binance CRWVUSDT | +0.0150% | 8h | 86.451 | +0.066% | $9.7M | $17.7M | 25x | as long as short |
| Extended CRWV-USD | +0.0152% | 1h | 86.404 | +0.012% | $14K | $307K | 10x | as long as short |
| GRVT CRWV_USDT_Perplong | +0.0212% | 8h | 86.394 | long leg | $2K | $199K | 10x | |
| Phoenix CRWV | +0.0278% | 1h | 86.510 | +0.134% | $1K | $44K | 10x | as long as short |
| Bybit CRWVUSDT | +0.0311% | 8h | 86.500 | +0.123% | $2.2M | $1.2M | 25x | as long as short |
| edgeX CRWVUSDC | +0.0331% | 4h | 86.365 | −0.033% | $89K | $201K | 10x | as long as short |
| Arcus CRWV-USD | +0.0340% | 1h | 86.360 | −0.039% | $64K | $78K | 10x | as long as short |
| Polymarket Perps CRWV-USD | +0.0341% | 1h | 86.436 | +0.049% | $71K | $254K | 10x | as long as short |
GRVT CRWV_USDT_Perp
Bitget CRWVUSDT
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