Funding you earn now, next payment 03:00 UTC+0.0018%/8h= +1.9% APRpaid last 24h −0.007%
Price spread now: Binance against tradeXYZ+0.029%7-day average +0.113% · you sell dearer than you buy
Net, funding: paid 7d − costs−$48as in the Funding arb table
Net, price: spread back to 7d avg − costs−$53as in the Price arb table
costs, in and out, $10k−$450.449% of the position
Funding, last 7 days−0.036%−$4 on $10k
+Price spread, last 7 days+0.071%+$7 · spread now +0.029%, 7d avg +0.113%
=Together, before fees+0.035%+ Points / potential airdroptradeXYZ: Active · farm board+$4 on $10k · with fees, hour by hour
Funding pays, the price is against you. Binance is 0.084% cheaper against tradeXYZ than usual: you would sell low and buy high (spread +0.029% now, against its 7-day average of +0.113%). If the spread goes back, that is −$8 on $10k: about 16 days of funding at the current rate (+$1 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | tradeXYZ xyz:CRWV | 85.875 | 0.0051 | pay 0.0006% / 1h | 23m 20s | $9.7M | $8.1M | 10x |
| Short | Binance CRWVUSDT | 85.900 | 0.0069 | get 0.0069% / 8h | 5h 23m | $9.6M | $17.0M | 25x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against tradeXYZ. 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
- $3.69
- Price spread: +0.029% → +0.113%
- −$8.38
- Slippage, 4 orders
- −$16.91
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$49.6
- Costs to cover
- 0.449%
- Break-even
- 101.2 days
Slippage from tradeXYZ: live order book, 4 min ago; Binance: live order book, 2 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 tradeXYZ live order book, 4 min ago | 0.58 bp | 12.9 bp −$13 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 2 min ago | 1.75 bp | 9.6 bp −$10 | 21.0 bp −$210 | 75.9 bp −$7,588 | 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-USDT | −0.0022% | 8h | 85.940 | +0.076% | $166K | $67K | 20x | as long as short |
| Aster CRWVUSDT | 0.0000% | 8h | 86.024 | +0.174% | $37K | $35K | 20x | as long as short |
| OKX CRWV-USDT-SWAP | 0.0000% | 8h | 85.920 | +0.052% | $2.5M | $4.8M | 25x | as long as short |
| Gate CRWV_USDT | 0.0000% | 8h | 85.960 | +0.099% | $5.5M | $3.9M | 50x | as long as short |
| Bitget CRWVUSDT | 0.0000% | 8h | 85.910 | +0.041% | $2.0M | $2.0M | 20x | as long as short |
| Variational Omni CRWV | 0.0000% | 8h | 85.892 | +0.020% | $313K | $300K | — | as long as short |
| GRVT CRWV_USDT_Perp | 0.0000% | 8h | 85.920 | +0.052% | $2K | $190K | 10x | as long as short |
| SunX CRWV-USDT | 0.0000% | 8h | 85.810 | −0.076% | $2K | $4.6M | 10x | as long as short |
| HTX CRWV-USDT | 0.0000% | 8h | 85.950 | +0.087% | $140K | $2K | 20x | as long as short |
| Lighter CRWV | +0.0032% | 1h | 85.950 | +0.087% | $103K | $30K | 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 | 85.910 | +0.041% | $418K | $352K | 10x | as long as short |
| QFEX CRWV-USD | +0.0032% | 1h | 85.900 | +0.029% | $1.3M | $2.7M | 10x | as long as short |
| Arcus CRWV-USD | +0.0040% | 1h | 85.880 | +0.006% | $64K | $79K | 10x | as long as short |
| Vest CRWV-USD-PERP | +0.0046% | 1h | 85.950 | +0.087% | — | $156K | 10x | as long as short |
| Ondo Perps CRWV-USD.P | +0.0050% | 1h | 85.790 | −0.099% | $329K | $136K | 10x | as long as short |
| tradeXYZ xyz:CRWVlong | +0.0051% | 1h | 85.875 | long leg | $9.7M | $8.1M | 10x | |
| Binance CRWVUSDTshort | +0.0069% | 8h | 85.900 | +0.029% | $9.6M | $17.0M | 25x | |
| Extended CRWV-USD | +0.0072% | 1h | 85.877 | +0.003% | $14K | $304K | 10x | as long as short |
| KuCoin CRWVUSDTM | +0.0100% | 8h | 85.870 | −0.006% | $363K | $527K | 20x | as long as short |
| edgeX CRWVUSDC | +0.0143% | 4h | 85.889 | +0.017% | $88K | $202K | 10x | as long as short |
| Polymarket Perps CRWV-USD | +0.0168% | 1h | 85.924 | +0.057% | $85K | $289K | 10x | as long as short |
| Phoenix CRWV | +0.0187% | 1h | 85.860 | −0.017% | $1K | $46K | 10x | as long as short |
| Bybit CRWVUSDT | +0.0218% | 8h | 85.940 | +0.076% | $2.2M | $1.1M | 25x | as long as short |
tradeXYZ xyz:CRWV
Binance CRWVUSDT
BloFin CRWV-USDT
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
KuCoin CRWVUSDTM
edgeX CRWVUSDC
Polymarket Perps CRWV-USD
Phoenix CRWV
Bybit CRWVUSDT