Funding you earn now, next payment 00:00 UTC−0.0029%/8h= −3.2% APRnext payment −$0.29 per $10,000 · paid last 24h +0.041%
Price spread now: OKX against GRVT+0.230%111s7-day average +0.001% · you sell dearer than you buy
Net, funding: paid 7d − costs−$39as 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−$490.486% of the position
Funding, last 7 days+0.093%+$9 on $10k
+Price spread, last 3 days (all we have)−0.225%−$22 · spread now +0.230%, 7d avg +0.001%
=Together, before fees−0.132%+ Points / potential airdropGRVT: Active · farm board−$13 on $10k · with fees, hour by hour
The price spread pays, funding is against you. OKX is 0.229% dearer against GRVT than usual: you sell high and buy low (spread +0.230% now, against its 7-day average of +0.001%): +$23 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 26 days. Mind the row above: over the last 7 days funding on this pair paid +0.093%, so the current rate has only just turned against you. The two prices were read 111 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 | GRVT CRWV_USDT_Perp | 86.212 | 0.0029 | pay 0.0029% / 8h | 17m 45s | $2K | $205K | 10x |
| Short | OKX CRWV-USDT-SWAP | 86.410 | 0 | get 0.0000% / 8h | 17m 45s | $2.7M | $4.6M | 25x |
GRVT CRWV_USDT_Perp
OKX CRWV-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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
- −$6.09
- Price spread: +0.230% → +0.001%
- $22.89
- Slippage, 4 orders
- −$29.58
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$31.78
- Costs to cover
- 0.486%
- Break-even
- never at this rate
Slippage from GRVT: live order book, 59 min ago; OKX: 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, 59 min ago | 2.33 bp | 6.8 bp −$7 | 10.4 bp −$104 | doesn't fit | doesn't fit |
| Sell OKX live order book, 5 min ago | 2.32 bp | 12.1 bp −$12 | 34.6 bp −$346 | 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 | 86.496 | +0.330% | $37K | $35K | 20x | as long as short |
| OKX CRWV-USDT-SWAPshort | 0.0000% | 8h | 86.410 | +0.230% | $2.7M | $4.6M | 25x | |
| Gate CRWV_USDT | 0.0000% | 8h | 86.390 | +0.207% | $5.6M | $3.9M | 50x | as long as short |
| Bitget CRWVUSDT | 0.0000% | 8h | 86.420 | +0.241% | $2.3M | $2.0M | 20x | as long as short |
| Variational Omni CRWV | 0.0000% | 8h | 86.323 | +0.129% | $315K | $391K | — | as long as short |
| SunX CRWV-USDT | 0.0000% | 8h | 86.330 | +0.137% | $1K | $5.3M | 10x | as long as short |
| HTX CRWV-USDT | 0.0000% | 8h | 86.400 | +0.218% | $141K | $2K | 20x | as long as short |
| BloFin CRWV-USDT | +0.0015% | 8h | 86.390 | +0.207% | $171K | $69K | 20x | as long as short |
| GRVT CRWV_USDT_Perplong | +0.0029% | 8h | 86.212 | long leg | $2K | $205K | 10x | |
| Lighter CRWV | +0.0032% | 1h | 86.460 | +0.288% | $105K | $32K | 10x | as long as short |
Aster CRWVUSDT
Gate CRWV_USDT
Bitget CRWVUSDT
Variational Omni CRWV
SunX CRWV-USDT
HTX CRWV-USDT
BloFin CRWV-USDT
Lighter CRWVShow all 23 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter RH CRWV | +0.0032% | 1h | 86.400 | +0.218% | $424K | $445K | 10x | as long as short |
| QFEX CRWV-USD | +0.0037% | 1h | 86.380 | +0.195% | $1.4M | $3.3M | 10x | as long as short |
| Vest CRWV-USD-PERP | +0.0046% | 1h | 86.500 | +0.334% | — | $156K | 10x | as long as short |
| Ondo Perps CRWV-USD.P | +0.0050% | 1h | 86.290 | +0.091% | $333K | $217K | 10x | as long as short |
| Extended CRWV-USD | +0.0064% | 1h | 86.414 | +0.234% | $14K | $228K | 10x | as long as short |
| Binance CRWVUSDT | +0.0074% | 8h | 86.420 | +0.241% | $9.7M | $18.0M | 25x | as long as short |
| KuCoin CRWVUSDTM | +0.0100% | 8h | 86.300 | +0.102% | $365K | $515K | 20x | as long as short |
| Phoenix CRWV | +0.0186% | 1h | 86.340 | +0.149% | $1K | $44K | 10x | as long as short |
| tradeXYZ xyz:CRWV | +0.0213% | 1h | 86.399 | +0.217% | $9.6M | $7.6M | 10x | as long as short |
| Bybit CRWVUSDT | +0.0213% | 8h | 86.460 | +0.288% | $2.2M | $1.2M | 25x | as long as short |
| Polymarket Perps CRWV-USD | +0.0325% | 1h | 86.455 | +0.282% | $67K | $198K | 10x | as long as short |
| Arcus CRWV-USD | +0.0456% | 1h | 86.370 | +0.183% | $62K | $76K | 10x | as long as short |
| edgeX CRWVUSDC | +0.0845% | 4h | 86.202 | −0.011% | $89K | $201K | 10x | as long as short |
Lighter RH CRWV
QFEX CRWV-USD
Vest CRWV-USD-PERP
Ondo Perps CRWV-USD.P
Extended CRWV-USD
Binance CRWVUSDT
KuCoin CRWVUSDTM
Phoenix CRWV
tradeXYZ xyz:CRWV
Bybit CRWVUSDT
Polymarket Perps CRWV-USD
Arcus CRWV-USD
edgeX CRWVUSDC