Funding you earn now, next payment 08:00 UTC+0.0050%/8h= +5.5% APRpaid last 24h +0.025%
Price spread now: Polymarket Perps against Binance−0.083%7-day average −0.035% · you buy dearer than you sell
Net, funding: paid 7d − costs−$11as in the Funding arb table
Net, price: spread back to 7d avg − costs−$38as in the Price arb table
costs, in and out, $10k−$340.336% of the position
Funding, last 7 days+0.222%+$22 on $10k
+Price spread, last 4 days (all we have)+0.269%+$27 · spread now −0.083%, 7d avg −0.035%
=Funding pays, the price is against you. Polymarket Perps is 0.048% cheaper against Binance than usual: you would sell low and buy high (spread −0.083% now, against its 7-day average of −0.035%). If the spread goes back, that is −$5 on $10k: about 3.2 days of funding at the current rate (+$2 a day). At the pace of the last 7 days (+0.222% in total) that is about 36 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance CRWVUSDT | 84.400 | 0 | get 0.0000% / 8h | 9m 10s | $9.1M | $18.2M | 25x |
| Short | Polymarket Perps CRWV-USD | 84.330 | 0.0050 | get 0.0006% / 1h | 9m 10s | $73K | $307K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Polymarket Perps against Binance. 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: −0.083% → −0.035%
- −$4.78
- Slippage, 4 orders
- −$15.57
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Net
- −$27.85
- Costs to cover
- 0.336%
- Break-even
- 25.6 days
Slippage from Binance: live order book, 17 min ago; Polymarket Perps: live order book, 28 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 Binance live order book, 17 min ago | 0.59 bp | 9.2 bp −$9 | 20.0 bp −$200 | 55.1 bp −$5,513 | doesn't fit |
| Sell Polymarket Perps live order book, 28 min ago | 2.31 bp | 6.3 bp −$6 | 6.6 bp −$66 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Gate CRWV_USDT | −0.0426% | 8h | 84.390 | −0.012% | $5.2M | $4.2M | 50x | as long as short |
| Bitget CRWVUSDT | −0.0400% | 8h | 84.410 | +0.012% | $1.8M | $2.0M | 20x | as long as short |
| BloFin CRWV-USDT | −0.0004% | 8h | 84.370 | −0.036% | $153K | $65K | 20x | as long as short |
| Aster CRWVUSDT | 0.0000% | 8h | 84.350 | −0.059% | $37K | $34K | 20x | as long as short |
| Extended CRWV-USD | 0.0000% | 1h | 84.380 | −0.023% | $15K | $260K | 10x | as long as short |
| Binance CRWVUSDTlong | 0.0000% | 8h | 84.400 | long leg | $9.1M | $18.2M | 25x | |
| Bybit CRWVUSDT | 0.0000% | 8h | 84.400 | 0.000% | $1.9M | $1.2M | 25x | as long as short |
| OKX CRWV-USDT-SWAP | 0.0000% | 8h | 84.360 | −0.047% | $2.3M | $5.2M | 25x | as long as short |
| Variational Omni CRWV | 0.0000% | 8h | 84.384 | −0.018% | $295K | $285K | — | as long as short |
| GRVT CRWV_USDT_Perp | 0.0000% | 8h | 84.406 | +0.007% | $2K | $189K | 10x | as long as short |
Show all 23 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SunX CRWV-USDT | 0.0000% | 8h | 84.320 | −0.095% | $2K | $4.2M | 10x | as long as short |
| HTX CRWV-USDT | 0.0000% | 8h | 84.430 | +0.036% | $132K | $14K | 20x | as long as short |
| QFEX CRWV-USD | +0.0012% | 1h | 84.370 | −0.036% | $1.3M | $2.4M | 10x | as long as short |
| Lighter CRWV | +0.0032% | 1h | 84.330 | −0.083% | $102K | $48K | 10x | as long as short |
| Lighter RH CRWV | +0.0032% | 1h | 84.390 | −0.012% | $398K | $410K | 10x | as long as short |
| Arcus CRWV-USD | +0.0040% | 1h | 84.350 | −0.059% | $63K | $78K | 10x | as long as short |
| edgeX CRWVUSDC | +0.0045% | 4h | 84.387 | −0.015% | $87K | $203K | 10x | as long as short |
| Vest CRWV-USD-PERP | +0.0046% | 1h | 84.340 | −0.071% | — | $184K | 10x | as long as short |
| Polymarket Perps CRWV-USDshort | +0.0050% | 1h | 84.330 | −0.083% | $73K | $307K | 10x | |
| Ondo Perps CRWV-USD.P | +0.0050% | 1h | 84.360 | −0.047% | $309K | $164K | 10x | as long as short |
| Phoenix CRWV | +0.0095% | 1h | 84.380 | −0.024% | $2K | $41K | 10x | as long as short |
| KuCoin CRWVUSDTM | +0.0100% | 8h | 84.370 | −0.036% | $354K | $571K | 20x | as long as short |
| tradeXYZ xyz:CRWV | +0.0237% | 1h | 84.384 | −0.019% | $9.2M | $8.3M | 10x | as long as short |
Binance CRWVUSDT
Polymarket Perps CRWV-USD
Gate CRWV_USDT
Bitget CRWVUSDT
BloFin CRWV-USDT
Aster CRWVUSDT
Extended CRWV-USD
Bybit CRWVUSDT
OKX CRWV-USDT-SWAP
Variational Omni CRWV
GRVT CRWV_USDT_Perp
SunX CRWV-USDT
HTX CRWV-USDT
Lighter CRWV
Lighter RH CRWV
edgeX CRWVUSDC
Phoenix CRWV
KuCoin CRWVUSDTM
tradeXYZ xyz:CRWV