Funding you earn now, next payment 02:00 UTC−0.0715%/8h= −78.3% APRpaid last 24h −0.004%
Price spread now: BloFin against Polymarket Perps+0.384%705s7-day average +0.056% · you sell dearer than you buy
Net, funding: paid 7d − costs−$55as 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−$410.415% of the position
Funding, last 7 days−0.134%−$13 on $10k
+Price spread, last 3 days (all we have)−0.344%−$34 · spread now +0.384%, 7d avg +0.056%
=The price spread pays, funding is against you. BloFin is 0.329% dearer against Polymarket Perps than usual: you sell high and buy low (spread +0.384% now, against its 7-day average of +0.056%): +$33 on $10k if it goes back. Holding the pair costs −$21 a day in funding at the current rate, which eats that in about 37 hours. At the pace of the last 7 days (−0.134% in total) that is about 17 days. The two prices were read 705 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 -0.134% in total (about -7.0% a year). A funding rate is set anew for every payment. 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 | Polymarket Perps CRWV-USD | 85.850 | 0.0688 | pay 0.0086% / 1h | 37m 36s | $70K | $268K | 10x |
| Short | BloFin CRWV-USDT | 86.180 | −0.0027 | pay 0.0027% / 8h | 6h 37m | $171K | $68K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin 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
- −$150.13
- Price spread: +0.384% → +0.056%
- $32.88
- Slippage, 4 orders
- −$21.48
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$158.73
- Costs to cover
- 0.415%
- Break-even
- never at this rate
Slippage from Polymarket Perps: live order book, 29 min ago; BloFin: live order book, 14 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, 29 min ago | 2.71 bp | 6.7 bp −$7 | 7.2 bp −$72 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 14 min ago | 2.90 bp | 15.7 bp −$16 | 28.8 bp −$288 | 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-USDTshort | −0.0027% | 8h | 86.180 | +0.384% | $171K | $68K | 20x | |
| Aster CRWVUSDT | 0.0000% | 8h | 85.943 | +0.108% | $37K | $35K | 20x | as long as short |
| OKX CRWV-USDT-SWAP | 0.0000% | 8h | 85.830 | −0.023% | $2.6M | $4.6M | 25x | as long as short |
| Gate CRWV_USDT | 0.0000% | 8h | 85.800 | −0.058% | $5.5M | $3.9M | 50x | as long as short |
| Bitget CRWVUSDT | 0.0000% | 8h | 85.890 | +0.047% | $2.2M | $1.9M | 20x | as long as short |
| GRVT CRWV_USDT_Perp | 0.0000% | 8h | 85.787 | −0.074% | $3K | $192K | 10x | as long as short |
| SunX CRWV-USDT | 0.0000% | 8h | 85.730 | −0.140% | $2K | $4.9M | 10x | as long as short |
| HTX CRWV-USDT | 0.0000% | 8h | 85.860 | +0.012% | $140K | $2K | 20x | as long as short |
| QFEX CRWV-USD | +0.0018% | 1h | 85.770 | −0.093% | $1.3M | $2.9M | 10x | as long as short |
| Lighter RH CRWV | +0.0032% | 1h | 85.770 | −0.093% | $417K | $357K | 10x | as long as short |
Show all 23 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Arcus CRWV-USD | +0.0040% | 1h | 85.750 | −0.116% | $64K | $78K | 10x | as long as short |
| Variational Omni CRWV | +0.0041% | 8h | 85.842 | −0.010% | $313K | $391K | — | as long as short |
| Vest CRWV-USD-PERP | +0.0046% | 1h | 85.780 | −0.082% | — | $156K | 10x | as long as short |
| Ondo Perps CRWV-USD.P | +0.0050% | 1h | 85.630 | −0.256% | $331K | $218K | 10x | as long as short |
| Lighter CRWV | +0.0064% | 1h | 85.860 | +0.012% | $104K | $30K | 10x | as long as short |
| KuCoin CRWVUSDTM | +0.0100% | 8h | 85.760 | −0.105% | $363K | $518K | 20x | as long as short |
| Extended CRWV-USD | +0.0112% | 1h | 85.772 | −0.091% | $19K | $309K | 10x | as long as short |
| Binance CRWVUSDT | +0.0115% | 8h | 85.787 | −0.073% | $9.6M | $17.5M | 25x | as long as short |
| edgeX CRWVUSDC | +0.0142% | 4h | 85.783 | −0.078% | $88K | $201K | 10x | as long as short |
| Phoenix CRWV | +0.0278% | 1h | 85.890 | +0.047% | $1K | $46K | 10x | as long as short |
| tradeXYZ xyz:CRWV | +0.0324% | 1h | 85.745 | −0.122% | $9.9M | $8.0M | 10x | as long as short |
| Bybit CRWVUSDT | +0.0422% | 8h | 85.820 | −0.035% | $2.2M | $1.2M | 25x | as long as short |
| Polymarket Perps CRWV-USDlong | +0.0688% | 1h | 85.850 | long leg | $70K | $268K | 10x |
Polymarket Perps CRWV-USD
BloFin CRWV-USDT
Aster CRWVUSDT
OKX CRWV-USDT-SWAP
Gate CRWV_USDT
Bitget CRWVUSDT
GRVT CRWV_USDT_Perp
SunX CRWV-USDT
HTX CRWV-USDT
Lighter RH CRWV
Variational Omni CRWV
Lighter CRWV
KuCoin CRWVUSDTM
Extended CRWV-USD
Binance CRWVUSDT
edgeX CRWVUSDC
Phoenix CRWV
tradeXYZ xyz:CRWV
Bybit CRWVUSDT