Funding you earn now, next payment 22:00 UTC−0.0270%/8h= −29.6% APRpaid last 24h −0.046%
Price spread now: GRVT against Polymarket Perps−0.012%63s7-day average +0.050% · you buy dearer than you sell
Net, funding: paid 7d − costs−$64as 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−$420.424% of the position
Funding, last 7 days−0.213%−$21 on $10k
+Price spread, last 3 days (all we have)−0.175%−$17 · spread now −0.012%, 7d avg +0.050%
=Together, before fees−0.387%+ Points / potential airdropGRVT: Active · farm board−$39 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$8 a day on $10k at the current rate, and GRVT is 0.063% cheaper against Polymarket Perps than usual: you would sell low and buy high (−$6 if the spread goes back to its 7-day average of +0.050%). Swap the legs. The two prices were read 63 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 | Polymarket Perps CRWV-USD | 85.722 | 0.0270 | pay 0.0034% / 1h | 59m 57s | $68K | $193K | 10x |
| Short | GRVT CRWV_USDT_Perp | 85.711 | 0 | get 0.0000% / 8h | 1h 59m | $2K | $222K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
GRVT 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
- −$56.75
- Price spread: −0.012% → +0.050%
- −$6.28
- Slippage, 4 orders
- −$25.38
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Net
- −$105.41
- Costs to cover
- 0.424%
- Break-even
- never at this rate
Slippage from Polymarket Perps: live order book, 22 min ago; GRVT: live order book, 22 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, 22 min ago | 3.44 bp | 7.4 bp −$7 | 7.9 bp −$79 | doesn't fit | doesn't fit |
| Sell GRVT live order book, 22 min ago | 2.92 bp | 12.8 bp −$13 | 23.5 bp −$235 | 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 | −0.0005% | 8h | 85.710 | −0.014% | $171K | $68K | 20x | as long as short |
| Aster CRWVUSDT | 0.0000% | 8h | 85.689 | −0.039% | $37K | $35K | 20x | as long as short |
| Extended CRWV-USD | 0.0000% | 1h | 85.670 | −0.061% | $14K | $228K | 10x | as long as short |
| Binance CRWVUSDT | 0.0000% | 8h | 85.680 | −0.049% | $9.7M | $18.3M | 25x | as long as short |
| OKX CRWV-USDT-SWAP | 0.0000% | 8h | 85.690 | −0.037% | $2.7M | $4.6M | 25x | as long as short |
| Gate CRWV_USDT | 0.0000% | 8h | 85.660 | −0.072% | $5.5M | $4.2M | 50x | as long as short |
| Bitget CRWVUSDT | 0.0000% | 8h | 85.670 | −0.061% | $2.2M | $2.0M | 20x | as long as short |
| Variational Omni CRWV | 0.0000% | 8h | 85.682 | −0.047% | $312K | $396K | — | as long as short |
| GRVT CRWV_USDT_Perpshort | 0.0000% | 8h | 85.711 | −0.012% | $2K | $222K | 10x | |
| SunX CRWV-USDT | 0.0000% | 8h | 85.580 | −0.166% | $2K | $5.4M | 10x | as long as short |
Show all 23 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX CRWV-USDT | 0.0000% | 8h | 85.700 | −0.026% | $140K | $2K | 20x | as long as short |
| Lighter CRWV | +0.0032% | 1h | 85.740 | +0.021% | $104K | $32K | 10x | as long as short |
| Lighter RH CRWV | +0.0032% | 1h | 85.670 | −0.061% | $421K | $474K | 10x | as long as short |
| QFEX CRWV-USD | +0.0032% | 1h | 85.690 | −0.037% | $1.3M | $3.2M | 10x | as long as short |
| Vest CRWV-USD-PERP | +0.0046% | 1h | 85.710 | −0.014% | — | $156K | 10x | as long as short |
| Ondo Perps CRWV-USD.P | +0.0050% | 1h | 85.520 | −0.236% | $331K | $215K | 10x | as long as short |
| tradeXYZ xyz:CRWV | +0.0088% | 1h | 85.640 | −0.096% | $9.6M | $7.7M | 10x | as long as short |
| Phoenix CRWV | +0.0093% | 1h | 85.630 | −0.107% | $1K | $44K | 10x | as long as short |
| KuCoin CRWVUSDTM | +0.0100% | 8h | 85.640 | −0.096% | $362K | $518K | 20x | as long as short |
| Bybit CRWVUSDT | +0.0126% | 8h | 85.690 | −0.037% | $2.2M | $1.3M | 25x | as long as short |
| Polymarket Perps CRWV-USDlong | +0.0270% | 1h | 85.722 | long leg | $68K | $193K | 10x | |
| Arcus CRWV-USD | +0.0402% | 1h | 85.680 | −0.049% | $61K | $76K | 10x | as long as short |
| edgeX CRWVUSDC | +0.0642% | 4h | 85.682 | −0.047% | $88K | $201K | 10x | as long as short |
Polymarket Perps CRWV-USD
GRVT CRWV_USDT_Perp
BloFin CRWV-USDT
Aster CRWVUSDT
Extended CRWV-USD
Binance CRWVUSDT
OKX CRWV-USDT-SWAP
Gate CRWV_USDT
Bitget CRWVUSDT
Variational Omni CRWV
SunX CRWV-USDT
HTX CRWV-USDT
Lighter CRWV
Lighter RH CRWV
tradeXYZ xyz:CRWV
Phoenix CRWV
KuCoin CRWVUSDTM
Bybit CRWVUSDT
edgeX CRWVUSDC