CRWV

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0323%/8h= +35.4% APRnext payment +$3.23 per $10,000 · paid last 24h +0.057%

Price spread now: Bybit against OKX+0.012%7-day average −0.013% · you sell dearer than you buy

Net, funding: paid 7d − costs−$51as in the Funding arb table

Net, price: spread back to 7d avg − costs−$60as in the Price arb table

costs, in and out, $10k−$620.621% of the position

Long on OKX Short on Bybit

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−0.042%−$4 · spread now +0.012%, 7d avg −0.013%

Together, before fees+0.073%+$7 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$10 a day on $10k at the current rate, and Bybit is 0.024% dearer against OKX than usual: you sell high and buy low: +$2 more if the spread goes back to its 7-day average of −0.013%.

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 +$3.23 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	OKX CRWV-USDT-SWAP	86.390	0	get 0.0000% / 8h	7h 30m	$2.7M	$4.6M	25x
Short	Bybit CRWVUSDT	86.400	0.0323	get 0.0323% / 8h	7h 30m	$2.2M	$1.2M	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bybit against OKX. 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 OKXbpFee BybitbpOrdersPrice spread, now +0.012%Rate

Funding earned: $67.87
Price spread: +0.012% → −0.013%: $2.42
Slippage, 4 orders: −$41.08
Fee OKX: 5 bp × 2 orders: −$10
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: $8.21
Costs to cover: 0.621%
Break-even: 6.2 days

Slippage from OKX: live order book, 2 min ago; Bybit: live order book, 1 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 OKX live order book, 2 min ago	0.58 bp	15.2 bp −$15	36.5 bp −$365	doesn't fit	doesn't fit
Sell Bybit live order book, 1 min ago	2.89 bp	15.7 bp −$16	73.8 bp −$738	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	86.485	+0.110%	$37K	$35K	20x	as long as short
OKX CRWV-USDT-SWAPlong	0.0000%	8h	86.390	long leg	$2.7M	$4.6M	25x
Gate CRWV_USDT	0.0000%	8h	86.340	−0.058%	$5.5M	$3.9M	50x	as long as short
Bitget CRWVUSDT	0.0000%	8h	86.350	−0.046%	$2.3M	$1.9M	20x	as long as short
SunX CRWV-USDT	0.0000%	8h	86.240	−0.174%	$1K	$5.0M	10x	as long as short
HTX CRWV-USDT	0.0000%	8h	86.290	−0.116%	$141K	$2K	20x	as long as short
BloFin CRWV-USDT	+0.0020%	8h	86.400	+0.012%	$172K	$69K	20x	as long as short
QFEX CRWV-USD	+0.0029%	1h	86.350	−0.046%	$1.4M	$3.2M	10x	as long as short
Lighter CRWV	+0.0032%	1h	86.410	+0.023%	$105K	$32K	10x	as long as short
Lighter RH CRWV	+0.0032%	1h	86.330	−0.069%	$419K	$357K	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	86.440	+0.058%	—	$156K	10x	as long as short
Ondo Perps CRWV-USD.P	+0.0050%	1h	86.170	−0.255%	$333K	$218K	10x	as long as short
Variational Omni CRWV	+0.0082%	8h	86.332	−0.068%	$315K	$391K	—	as long as short
KuCoin CRWVUSDTM	+0.0100%	8h	86.340	−0.058%	$366K	$512K	20x	as long as short
Binance CRWVUSDT	+0.0152%	8h	86.344	−0.053%	$9.6M	$17.6M	25x	as long as short
Extended CRWV-USD	+0.0152%	1h	86.332	−0.067%	$17K	$364K	10x	as long as short
tradeXYZ xyz:CRWV	+0.0152%	1h	86.317	−0.085%	$9.7M	$7.6M	10x	as long as short
GRVT CRWV_USDT_Perp	+0.0217%	8h	86.333	−0.066%	$2K	$197K	10x	as long as short
Phoenix CRWV	+0.0278%	1h	86.280	−0.127%	$1K	$44K	10x	as long as short
Bybit CRWVUSDTshort	+0.0323%	8h	86.400	+0.012%	$2.2M	$1.2M	25x
Arcus CRWV-USD	+0.0340%	1h	86.290	−0.116%	$64K	$78K	10x	as long as short
Polymarket Perps CRWV-USD	+0.0365%	1h	86.423	+0.038%	$71K	$254K	10x	as long as short
edgeX CRWVUSDC	+0.0369%	4h	86.375	−0.017%	$89K	$201K	10x	as long as short