Funding you earn now, next payment 11:00 UTC−0.0050%/8h= −5.5% APRpaid last 24h +0.011%
Price spread now: Bybit against Polymarket Perps+0.057%7-day average +0.038% · you sell dearer than you buy
Net, funding: paid 7d − costs−$54as in the Funding arb table
Net, price: spread back to 7d avg − costs−$49as in the Price arb table
costs, in and out, $10k−$510.510% of the position
Funding, last 7 days−0.027%−$3 on $10k
+Price spread, last 4 days (all we have)−0.201%−$20 · spread now +0.057%, 7d avg +0.038%
=The price spread sits at its 7-day average of +0.038%, so right now this pair is about funding alone: −$2 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Polymarket Perps CRWV-USD | 84.742 | 0.0050 | pay 0.0006% / 1h | 28m 14s | $83K | $263K | 10x |
| Short | Bybit CRWVUSDT | 84.790 | 0 | get 0.0000% / 8h | 5h 28m | $1.9M | $1.3M | 25x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against Polymarket Perps. 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
- −$10.5
- Price spread: +0.057% → +0.038%
- $1.89
- Slippage, 4 orders
- −$31.95
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$59.56
- Costs to cover
- 0.510%
- Break-even
- never at this rate
Slippage from Polymarket Perps: live order book, 17 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 Polymarket Perps live order book, 17 min ago | 2.30 bp | 6.3 bp −$6 | 8.2 bp −$82 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 1 min ago | 3.54 bp | 22.2 bp −$22 | 111.7 bp −$1,117 | doesn't fit | doesn't fit |
CRWV on 23 exchanges
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 | 84.770 | +0.033% | $37K | $33K | 20x | as long as short |
| Extended CRWV-USD | 0.0000% | 1h | 84.722 | −0.024% | $14K | $276K | 10x | as long as short |
| Binance CRWVUSDT | 0.0000% | 8h | 84.750 | +0.009% | $8.2M | $22.9M | 25x | as long as short |
| Bybit CRWVUSDTshort | 0.0000% | 8h | 84.790 | +0.057% | $1.9M | $1.3M | 25x | |
| OKX CRWV-USDT-SWAP | 0.0000% | 8h | 84.810 | +0.080% | $2.2M | $5.5M | 25x | as long as short |
| Gate CRWV_USDT | 0.0000% | 8h | 84.740 | −0.002% | $5.2M | $4.7M | 50x | as long as short |
| Bitget CRWVUSDT | 0.0000% | 8h | 84.750 | +0.009% | $1.8M | $2.0M | 20x | as long as short |
| Variational Omni CRWV | 0.0000% | 8h | 84.740 | −0.002% | $318K | $275K | — | as long as short |
| GRVT CRWV_USDT_Perp | 0.0000% | 8h | 84.771 | +0.034% | $2K | $168K | 10x | as long as short |
| SunX CRWV-USDT | 0.0000% | 8h | 84.740 | −0.002% | $1K | $4.1M | 10x | as long as short |
Show all 23 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX CRWV-USDT | 0.0000% | 8h | 84.720 | −0.026% | $131K | $17K | 20x | as long as short |
| QFEX CRWV-USD | +0.0004% | 1h | 84.740 | −0.002% | $1.3M | $2.5M | 10x | as long as short |
| BloFin CRWV-USDT | +0.0025% | 8h | 84.650 | −0.109% | $152K | $62K | 20x | as long as short |
| Lighter CRWV | +0.0032% | 1h | 84.730 | −0.014% | $102K | $36K | 10x | as long as short |
| Lighter RH CRWV | +0.0032% | 1h | 84.780 | +0.045% | $354K | $499K | 10x | as long as short |
| Arcus CRWV-USD | +0.0040% | 1h | 84.690 | −0.061% | $62K | $63K | 10x | as long as short |
| Vest CRWV-USD-PERP | +0.0046% | 1h | 84.870 | +0.151% | — | $198K | 10x | as long as short |
| tradeXYZ xyz:CRWV | +0.0050% | 1h | 84.706 | −0.042% | $9.1M | $8.6M | 10x | as long as short |
| Polymarket Perps CRWV-USDlong | +0.0050% | 1h | 84.742 | long leg | $83K | $263K | 10x | |
| Ondo Perps CRWV-USD.P | +0.0050% | 1h | 84.550 | −0.227% | $237K | $255K | 10x | as long as short |
| KuCoin CRWVUSDTM | +0.0100% | 8h | 84.700 | −0.050% | $355K | $696K | 20x | as long as short |
| Phoenix CRWV | +0.0188% | 1h | 84.820 | +0.092% | $1K | $42K | 10x | as long as short |
| edgeX CRWVUSDC | +0.0190% | 4h | 84.697 | −0.053% | $87K | $208K | 10x | as long as short |
Polymarket Perps CRWV-USD
Bybit CRWVUSDT
Aster CRWVUSDT
Extended CRWV-USD
Binance CRWVUSDT
OKX CRWV-USDT-SWAP
Gate CRWV_USDT
Bitget CRWVUSDT
Variational Omni CRWV
GRVT CRWV_USDT_Perp
SunX CRWV-USDT
HTX CRWV-USDT
BloFin CRWV-USDT
Lighter CRWV
Lighter RH CRWV
tradeXYZ xyz:CRWV
KuCoin CRWVUSDTM
Phoenix CRWV
edgeX CRWVUSDC