Funding you earn now, next payment 04:00 UTC+0.0021%/8h= +2.2% APRpaid last 24h −0.006%
Price spread now: tradeXYZ against BloFin−0.003%7-day average −0.106% · you buy dearer than you sell
Net, funding: paid 7d − costs−$50as in the Funding arb table
Net, price: spread back to 7d avg − costs−$36as in the Price arb table
costs, in and out, $10k−$460.465% of the position
Funding, last 7 days−0.039%−$4 on $10k
+Price spread, last 4 days (all we have)+0.103%+$10 · spread now −0.003%, 7d avg −0.106%
=Together, before fees+0.064%+ Points / potential airdroptradeXYZ: Active · farm board+$6 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and tradeXYZ is 0.102% dearer against BloFin than usual: you sell high and buy low: +$10 more if the spread goes back to its 7-day average of −0.106%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin CRWV-USDT | 86.060 | 0.0029 | pay 0.0029% / 8h | 4h 59m | $165K | $67K | 20x |
| Short | tradeXYZ xyz:CRWV | 86.057 | 0.0050 | get 0.0006% / 1h | 59m 10s | $9.6M | $7.9M | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
tradeXYZ 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
- $4.31
- Price spread: −0.003% → −0.106%
- $10.23
- Slippage, 4 orders
- −$16.46
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Net
- −$31.92
- Costs to cover
- 0.465%
- Break-even
- 58.9 days
Slippage from BloFin: live order book, 38 min ago; tradeXYZ: live order book, 9 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, 38 min ago | 0.58 bp | 12.9 bp −$13 | 24.7 bp −$247 | doesn't fit | doesn't fit |
| Sell tradeXYZ live order book, 9 min ago | 0.47 bp | 10.5 bp −$11 | doesn't fit | 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 | 86.203 | +0.166% | $37K | $35K | 20x | as long as short |
| OKX CRWV-USDT-SWAP | 0.0000% | 8h | 86.080 | +0.023% | $2.5M | $4.8M | 25x | as long as short |
| Gate CRWV_USDT | 0.0000% | 8h | 86.120 | +0.070% | $5.5M | $3.7M | 50x | as long as short |
| Bitget CRWVUSDT | 0.0000% | 8h | 86.100 | +0.046% | $2.0M | $2.1M | 20x | as long as short |
| Variational Omni CRWV | 0.0000% | 8h | 86.123 | +0.073% | $314K | $299K | — | as long as short |
| GRVT CRWV_USDT_Perp | 0.0000% | 8h | 86.129 | +0.080% | $2K | $191K | 10x | as long as short |
| SunX CRWV-USDT | 0.0000% | 8h | 86.040 | −0.023% | $1K | $4.6M | 10x | as long as short |
| HTX CRWV-USDT | 0.0000% | 8h | 86.170 | +0.128% | $141K | $2K | 20x | as long as short |
| BloFin CRWV-USDTlong | +0.0029% | 8h | 86.060 | long leg | $165K | $67K | 20x | |
| Lighter CRWV | +0.0032% | 1h | 86.160 | +0.116% | $103K | $32K | 10x | as long as short |
Show all 23 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter RH CRWV | +0.0032% | 1h | 86.120 | +0.070% | $419K | $347K | 10x | as long as short |
| Extended CRWV-USD | +0.0032% | 1h | 86.065 | +0.006% | $17K | $307K | 10x | as long as short |
| QFEX CRWV-USD | +0.0032% | 1h | 86.080 | +0.023% | $1.4M | $2.7M | 10x | as long as short |
| Binance CRWVUSDT | +0.0034% | 8h | 86.100 | +0.046% | $9.6M | $17.1M | 25x | as long as short |
| Arcus CRWV-USD | +0.0040% | 1h | 86.060 | 0.000% | $64K | $79K | 10x | as long as short |
| Vest CRWV-USD-PERP | +0.0046% | 1h | 86.160 | +0.116% | — | $156K | 10x | as long as short |
| tradeXYZ xyz:CRWVshort | +0.0050% | 1h | 86.057 | −0.003% | $9.6M | $7.9M | 10x | |
| Polymarket Perps CRWV-USD | +0.0050% | 1h | 86.103 | +0.050% | $85K | $289K | 10x | as long as short |
| Ondo Perps CRWV-USD.P | +0.0050% | 1h | 85.980 | −0.093% | $330K | $146K | 10x | as long as short |
| KuCoin CRWVUSDTM | +0.0100% | 8h | 86.080 | +0.023% | $364K | $519K | 20x | as long as short |
| Bybit CRWVUSDT | +0.0151% | 8h | 86.150 | +0.105% | $2.2M | $1.2M | 25x | as long as short |
| Phoenix CRWV | +0.0187% | 1h | 86.070 | +0.012% | $1K | $45K | 10x | as long as short |
| edgeX CRWVUSDC | +0.0391% | 4h | 86.123 | +0.073% | $89K | $203K | 10x | as long as short |
BloFin CRWV-USDT
tradeXYZ xyz:CRWV
Aster CRWVUSDT
OKX CRWV-USDT-SWAP
Gate CRWV_USDT
Bitget CRWVUSDT
Variational Omni CRWV
GRVT CRWV_USDT_Perp
SunX CRWV-USDT
HTX CRWV-USDT
Lighter CRWV
Lighter RH CRWV
Extended CRWV-USD
Binance CRWVUSDT
Polymarket Perps CRWV-USD
KuCoin CRWVUSDTM
Bybit CRWVUSDT
Phoenix CRWV
edgeX CRWVUSDC