Funding you earn now, next payment 08:00 UTC+0.0463%/8h= +50.7% APRnext payment +$4.63 per $10,000 · paid last 24h +0.054%
Price spread now: Bybit against BloFin−0.615%852s7-day average −0.008% · you buy dearer than you sell
Net, funding: paid 7d − costs−$48as 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−$590.594% of the position
Funding, last 7 days+0.113%+$11 on $10k
+Price spread, last 3 days (all we have)+0.685%+$68 · spread now −0.615%, 7d avg −0.008%
=Funding pays, the price is against you. Bybit is 0.607% cheaper against BloFin than usual: you would sell low and buy high (spread −0.615% now, against its 7-day average of −0.008%). If the spread goes back, that is −$61 on $10k: about 4.4 days of funding at the current rate (+$14 a day). At the pace of the last 7 days (+0.113% in total) that is about 38 days. The two prices were read 852 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.113% in total (about 5.9% a year). A funding rate is set anew for every payment; at this rate the next one is about +$4.63 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 | BloFin CRWV-USDT | 86.180 | −0.0027 | get 0.0027% / 8h | 6h 35m | $171K | $68K | 20x |
| Short | Bybit CRWVUSDT | 85.650 | 0.0437 | get 0.0437% / 8h | 6h 35m | $2.2M | $1.2M | 25x |
BloFin CRWV-USDT
Bybit CRWVUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against BloFin. 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
- $97.27
- Price spread: −0.615% → −0.008%
- −$60.69
- Slippage, 4 orders
- −$36.41
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$22.84
- Costs to cover
- 0.594%
- Break-even
- 8.6 days
Slippage from BloFin: live order book, 17 min ago; Bybit: live order book, 2 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 BloFin live order book, 17 min ago | 2.90 bp | 12.0 bp −$12 | 23.1 bp −$231 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 2 min ago | 2.91 bp | 16.5 bp −$16 | 73.1 bp −$731 | 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-USDTlong | −0.0027% | 8h | 86.180 | long leg | $171K | $68K | 20x | |
| Aster CRWVUSDT | 0.0000% | 8h | 85.841 | −0.394% | $37K | $35K | 20x | as long as short |
| OKX CRWV-USDT-SWAP | 0.0000% | 8h | 85.680 | −0.580% | $2.6M | $4.6M | 25x | as long as short |
| Gate CRWV_USDT | 0.0000% | 8h | 85.670 | −0.592% | $5.5M | $3.9M | 50x | as long as short |
| Bitget CRWVUSDT | 0.0000% | 8h | 85.650 | −0.615% | $2.2M | $1.9M | 20x | as long as short |
| GRVT CRWV_USDT_Perp | 0.0000% | 8h | 85.787 | −0.456% | $3K | $192K | 10x | as long as short |
| SunX CRWV-USDT | 0.0000% | 8h | 85.680 | −0.580% | $2K | $4.9M | 10x | as long as short |
| HTX CRWV-USDT | 0.0000% | 8h | 85.830 | −0.406% | $140K | $2K | 20x | as long as short |
| QFEX CRWV-USD | +0.0018% | 1h | 85.740 | −0.511% | $1.3M | $2.9M | 10x | as long as short |
| Lighter RH CRWV | +0.0032% | 1h | 85.630 | −0.638% | $416K | $357K | 10x | as long as short |
Aster CRWVUSDT
OKX CRWV-USDT-SWAP
Gate CRWV_USDT
Bitget CRWVUSDT
GRVT CRWV_USDT_Perp
SunX CRWV-USDT
HTX CRWV-USDT
QFEX CRWV-USD
Lighter RH CRWVShow all 23 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni CRWV | +0.0040% | 8h | 85.757 | −0.491% | $313K | $391K | — | as long as short |
| Arcus CRWV-USD | +0.0040% | 1h | 85.720 | −0.534% | $64K | $78K | 10x | as long as short |
| Vest CRWV-USD-PERP | +0.0046% | 1h | 85.750 | −0.499% | — | $156K | 10x | as long as short |
| Ondo Perps CRWV-USD.P | +0.0050% | 1h | 85.740 | −0.511% | $331K | $218K | 10x | as long as short |
| Lighter CRWV | +0.0056% | 1h | 85.710 | −0.545% | $104K | $30K | 10x | as long as short |
| KuCoin CRWVUSDTM | +0.0100% | 8h | 85.640 | −0.627% | $363K | $518K | 20x | as long as short |
| Extended CRWV-USD | +0.0112% | 1h | 85.628 | −0.640% | $19K | $309K | 10x | as long as short |
| Binance CRWVUSDT | +0.0114% | 8h | 85.650 | −0.615% | $9.6M | $17.5M | 25x | as long as short |
| edgeX CRWVUSDC | +0.0142% | 4h | 85.783 | −0.461% | $88K | $201K | 10x | as long as short |
| Phoenix CRWV | +0.0278% | 1h | 85.750 | −0.499% | $1K | $46K | 10x | as long as short |
| tradeXYZ xyz:CRWV | +0.0310% | 1h | 85.590 | −0.685% | $9.9M | $8.1M | 10x | as long as short |
| Bybit CRWVUSDTshort | +0.0437% | 8h | 85.650 | −0.615% | $2.2M | $1.2M | 25x | |
| Polymarket Perps CRWV-USD | +0.0697% | 1h | 85.830 | −0.406% | $70K | $268K | 10x | as long as short |
Variational Omni CRWV
Arcus CRWV-USD
Vest CRWV-USD-PERP
Ondo Perps CRWV-USD.P
Lighter CRWV
KuCoin CRWVUSDTM
Extended CRWV-USD
Binance CRWVUSDT
edgeX CRWVUSDC
Phoenix CRWV
tradeXYZ xyz:CRWV
Polymarket Perps CRWV-USD