Funding you earn now, next payment 08:00 UTC−0.0426%/8h= −46.6% APRnext payment −$4.26 per $10,000 · paid last 24h +0.048%
Price spread now: Gate against OKX+0.036%7-day average +0.001% · you sell dearer than you buy
Net, funding: paid 7d − costs−$38as in the Funding arb table
Net, price: spread back to 7d avg − costs−$54as in the Price arb table
costs, in and out, $10k−$580.579% of the position
Funding, last 7 days+0.197%+$20 on $10k
+Price spread, last 7 days+0.005%$0 · spread now +0.036%, 7d avg +0.001%
=The price spread pays, funding is against you. Gate is 0.035% dearer against OKX than usual: you sell high and buy low (spread +0.036% now, against its 7-day average of +0.001%): +$3 on $10k if it goes back. Holding the pair costs −$13 a day in funding at the current rate, which eats that in about 7 hours. Mind the row above: over the last 7 days funding on this pair paid +0.197%, so the current rate has only just turned against you.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.197% in total (about 10.3% a year). A funding rate is set anew for every payment; at this rate the next one is about −$4.26 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 | OKX CRWV-USDT-SWAP | 84.360 | 0 | get 0.0000% / 8h | 9m 30s | $2.3M | $5.2M | 25x |
| Short | Gate CRWV_USDT | 84.390 | −0.0426 | pay 0.0426% / 8h | 9m 30s | $5.2M | $4.2M | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Gate against OKX. 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
- −$89.46
- Price spread: +0.036% → +0.001%
- $3.5
- Slippage, 4 orders
- −$32.87
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$143.83
- Costs to cover
- 0.579%
- Break-even
- never at this rate
Slippage from OKX: live order book, 3 min ago; Gate: live order book, 4 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 OKX live order book, 3 min ago | 1.18 bp | 11.0 bp −$11 | 35.6 bp −$356 | doesn't fit | doesn't fit |
| Sell Gate live order book, 4 min ago | 3.55 bp | 16.6 bp −$17 | 42.3 bp −$423 | 78.0 bp −$7,796 | 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_USDTshort | −0.0426% | 8h | 84.390 | +0.036% | $5.2M | $4.2M | 50x | |
| Bitget CRWVUSDT | −0.0400% | 8h | 84.410 | +0.059% | $1.8M | $2.0M | 20x | as long as short |
| Aster CRWVUSDT | 0.0000% | 8h | 84.332 | −0.033% | $37K | $34K | 20x | as long as short |
| Extended CRWV-USD | 0.0000% | 1h | 84.370 | +0.012% | $15K | $260K | 10x | as long as short |
| Binance CRWVUSDT | 0.0000% | 8h | 84.390 | +0.035% | $9.1M | $18.2M | 25x | as long as short |
| Bybit CRWVUSDT | 0.0000% | 8h | 84.390 | +0.036% | $1.9M | $1.2M | 25x | as long as short |
| OKX CRWV-USDT-SWAPlong | 0.0000% | 8h | 84.360 | long leg | $2.3M | $5.2M | 25x | |
| Variational Omni CRWV | 0.0000% | 8h | 84.384 | +0.029% | $295K | $285K | — | as long as short |
| GRVT CRWV_USDT_Perp | 0.0000% | 8h | 84.406 | +0.054% | $2K | $189K | 10x | as long as short |
| SunX CRWV-USDT | 0.0000% | 8h | 84.330 | −0.036% | $2K | $4.2M | 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 | 84.430 | +0.083% | $132K | $14K | 20x | as long as short |
| BloFin CRWV-USDT | +0.0009% | 8h | 84.370 | +0.012% | $154K | $65K | 20x | as long as short |
| QFEX CRWV-USD | +0.0012% | 1h | 84.370 | +0.012% | $1.3M | $2.4M | 10x | as long as short |
| Lighter CRWV | +0.0032% | 1h | 84.330 | −0.036% | $102K | $48K | 10x | as long as short |
| Lighter RH CRWV | +0.0032% | 1h | 84.390 | +0.036% | $398K | $410K | 10x | as long as short |
| Arcus CRWV-USD | +0.0040% | 1h | 84.350 | −0.012% | $63K | $78K | 10x | as long as short |
| edgeX CRWVUSDC | +0.0045% | 4h | 84.387 | +0.032% | $87K | $203K | 10x | as long as short |
| Vest CRWV-USD-PERP | +0.0046% | 1h | 84.340 | −0.024% | — | $184K | 10x | as long as short |
| Polymarket Perps CRWV-USD | +0.0050% | 1h | 84.330 | −0.036% | $73K | $307K | 10x | as long as short |
| Ondo Perps CRWV-USD.P | +0.0050% | 1h | 84.360 | 0.000% | $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 | +0.012% | $354K | $569K | 20x | as long as short |
| tradeXYZ xyz:CRWV | +0.0236% | 1h | 84.390 | +0.036% | $9.2M | $8.3M | 10x | as long as short |
OKX CRWV-USDT-SWAP
Gate CRWV_USDT
Bitget CRWVUSDT
Aster CRWVUSDT
Extended CRWV-USD
Binance CRWVUSDT
Bybit CRWVUSDT
Variational Omni CRWV
GRVT CRWV_USDT_Perp
SunX CRWV-USDT
HTX CRWV-USDT
BloFin CRWV-USDT
Lighter CRWV
Lighter RH CRWV
edgeX CRWVUSDC
Polymarket Perps CRWV-USD
Phoenix CRWV
KuCoin CRWVUSDTM
tradeXYZ xyz:CRWV