Funding you earn now, next payment 12:00 UTC−0.0042%/8h= −4.6% APRpaid last 24h +0.011%
Price spread now: Bybit against Polymarket Perps+0.105%7-day average +0.038% · 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−$46as in the Price arb table
costs, in and out, $10k−$530.529% of the position
Funding, last 7 days−0.025%−$2 on $10k
+Price spread, last 4 days (all we have)−0.194%−$19 · spread now +0.105%, 7d avg +0.038%
=The price spread pays, funding is against you. Bybit is 0.067% dearer against Polymarket Perps than usual: you sell high and buy low (spread +0.105% now, against its 7-day average of +0.038%): +$7 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 5.3 days. At the pace of the last 7 days (−0.025% in total) that is about 19 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Polymarket Perps CRWV-USD | 84.911 | 0.0042 | pay 0.0005% / 1h | 44m 35s | $85K | $259K | 10x |
| Short | Bybit CRWVUSDT | 85.000 | 0 | get 0.0000% / 8h | 4h 44m | $1.9M | $1.3M | 25x |
Polymarket Perps CRWV-USD
Bybit CRWVUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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
- −$8.85
- Price spread: +0.105% → +0.038%
- $6.67
- Slippage, 4 orders
- −$33.92
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$55.1
- Costs to cover
- 0.529%
- Break-even
- never at this rate
Slippage from Polymarket Perps: live order book, 61 min ago; Bybit: live order book, 5 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, 61 min ago | 2.30 bp | 6.3 bp −$6 | 8.2 bp −$82 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 5 min ago | 5.30 bp | 19.0 bp −$19 | 78.4 bp −$784 | doesn't fit | doesn't fit |
CRWV on 23 exchanges
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-USDT | −0.0008% | 8h | 85.050 | +0.164% | $153K | $63K | 20x | as long as short |
| Aster CRWVUSDT | 0.0000% | 8h | 85.012 | +0.119% | $37K | $33K | 20x | as long as short |
| Extended CRWV-USD | 0.0000% | 1h | 84.992 | +0.095% | $15K | $279K | 10x | as long as short |
| Binance CRWVUSDT | 0.0000% | 8h | 85.020 | +0.128% | $8.3M | $23.0M | 25x | as long as short |
| Bybit CRWVUSDTshort | 0.0000% | 8h | 85.000 | +0.105% | $1.9M | $1.3M | 25x | |
| OKX CRWV-USDT-SWAP | 0.0000% | 8h | 84.950 | +0.046% | $2.2M | $5.5M | 25x | as long as short |
| Gate CRWV_USDT | 0.0000% | 8h | 85.010 | +0.117% | $5.2M | $4.6M | 50x | as long as short |
| Bitget CRWVUSDT | 0.0000% | 8h | 85.070 | +0.187% | $2.1M | $2.2M | 20x | as long as short |
| Variational Omni CRWV | 0.0000% | 8h | 85.023 | +0.132% | $322K | $267K | — | as long as short |
| GRVT CRWV_USDT_Perp | 0.0000% | 8h | 85.130 | +0.258% | $2K | $166K | 10x | as long as short |
BloFin CRWV-USDT
Aster CRWVUSDT
Extended CRWV-USD
Binance CRWVUSDT
OKX CRWV-USDT-SWAP
Gate CRWV_USDT
Bitget CRWVUSDT
Variational Omni CRWV
GRVT CRWV_USDT_PerpShow all 23 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SunX CRWV-USDT | 0.0000% | 8h | 84.950 | +0.046% | $2K | $3.9M | 10x | as long as short |
| HTX CRWV-USDT | 0.0000% | 8h | 85.110 | +0.234% | $132K | $17K | 20x | as long as short |
| QFEX CRWV-USD | +0.0001% | 1h | 84.990 | +0.093% | $1.3M | $2.5M | 10x | as long as short |
| Lighter CRWV | +0.0032% | 1h | 84.950 | +0.046% | $103K | $36K | 10x | as long as short |
| Lighter RH CRWV | +0.0032% | 1h | 84.990 | +0.093% | $355K | $501K | 10x | as long as short |
| Arcus CRWV-USD | +0.0040% | 1h | 84.950 | +0.046% | $62K | $64K | 10x | as long as short |
| Polymarket Perps CRWV-USDlong | +0.0042% | 1h | 84.911 | long leg | $85K | $259K | 10x | |
| Vest CRWV-USD-PERP | +0.0046% | 1h | 85.090 | +0.211% | — | $198K | 10x | as long as short |
| tradeXYZ xyz:CRWV | +0.0050% | 1h | 84.979 | +0.080% | $9.2M | $8.4M | 10x | as long as short |
| Ondo Perps CRWV-USD.P | +0.0050% | 1h | 85.010 | +0.117% | $230K | $264K | 10x | as long as short |
| Phoenix CRWV | +0.0094% | 1h | 84.990 | +0.093% | $1K | $43K | 10x | as long as short |
| KuCoin CRWVUSDTM | +0.0100% | 8h | 84.980 | +0.081% | $352K | $737K | 20x | as long as short |
| edgeX CRWVUSDC | +0.0874% | 4h | 84.994 | +0.098% | $87K | $208K | 10x | as long as short |
SunX CRWV-USDT
HTX CRWV-USDT
QFEX CRWV-USD
Lighter CRWV
Lighter RH CRWV
Arcus CRWV-USD
Vest CRWV-USD-PERP
tradeXYZ xyz:CRWV
Ondo Perps CRWV-USD.P
Phoenix CRWV
KuCoin CRWVUSDTM
edgeX CRWVUSDC