Funding arb · Price arb /

CRWV

RWAall CRWV markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 10:00 UTC+0.0045%/8h= +4.9% APRpaid last 24h +0.010%

Price spread now: QFEX against Aster−0.087%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Aster Short on QFEX

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropAster: Stage 5 · farm boardneeds both histories

Funding pays, the price is against you. QFEX is 0.087% cheaper against Aster than usual: you would sell low and buy high (spread −0.087% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$9 on $10k: about 6.5 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	Aster CRWVUSDT	84.243	0	get 0.0000% / 8h	6h 18m	$36K	$33K	20x
Short	QFEX CRWV-USD	84.170	0.0045	get 0.0006% / 1h	18m 08s	$1.3M	$2.5M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

QFEX against Aster. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee AsterbpFee QFEXbpOrdersPrice spread, now −0.087%Rate

Funding earned: $9.39
Price spread: −0.087% → 0.000%: −$8.7
Slippage, 4 orders: no order book: not counted
Fee Aster: 4 bp × 2 orders: −$8
Fee QFEX: 5 bp × 2 orders: −$10
Net: −$17.31
Costs to cover: 0.180%
Break-even: 19.9 days

Slippage unknown: Aster: no order-book sample; QFEX: live order book, 3 min ago. Net counts fees only.

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 Aster no order-book sample	—	—	—	—	—
Sell QFEX live order book, 3 min ago	2.38 bp	7.4 bp −$7	10.9 bp −$109	doesn't fit	doesn't fit

Aster: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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	−0.0025%	8h	84.170	−0.087%	$150K	$62K	20x	as long as short
Aster CRWVUSDTlong	0.0000%	8h	84.243	long leg	$36K	$33K	20x
Extended CRWV-USD	0.0000%	1h	84.204	−0.047%	$15K	$267K	10x	as long as short
Binance CRWVUSDT	0.0000%	8h	84.260	+0.020%	$8.2M	$22.2M	25x	as long as short
Bybit CRWVUSDT	0.0000%	8h	84.290	+0.055%	$1.9M	$1.3M	25x	as long as short
OKX CRWV-USDT-SWAP	0.0000%	8h	84.270	+0.032%	$2.2M	$5.4M	25x	as long as short
Gate CRWV_USDT	0.0000%	8h	84.260	+0.020%	$5.2M	$4.7M	50x	as long as short
Bitget CRWVUSDT	0.0000%	8h	84.310	+0.079%	$1.8M	$2.1M	20x	as long as short
Variational Omni CRWV	0.0000%	8h	84.123	−0.143%	$296K	$255K	—	as long as short
GRVT CRWV_USDT_Perp	0.0000%	8h	84.163	−0.095%	$2K	$175K	10x	as long as short

Show all 23 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
SunX CRWV-USDT	0.0000%	8h	84.170	−0.087%	$2K	$4.1M	10x	as long as short
HTX CRWV-USDT	0.0000%	8h	84.240	−0.004%	$130K	$17K	20x	as long as short
Lighter CRWV	+0.0032%	1h	84.210	−0.039%	$102K	$37K	10x	as long as short
Lighter RH CRWV	+0.0032%	1h	84.250	+0.008%	$353K	$485K	10x	as long as short
Arcus CRWV-USD	+0.0040%	1h	84.150	−0.111%	$61K	$63K	10x	as long as short
QFEX CRWV-USDshort	+0.0045%	1h	84.170	−0.087%	$1.3M	$2.5M	10x
Vest CRWV-USD-PERP	+0.0046%	1h	84.230	−0.016%	—	$198K	10x	as long as short
tradeXYZ xyz:CRWV	+0.0050%	1h	84.261	+0.021%	$9.0M	$8.9M	10x	as long as short
Polymarket Perps CRWV-USD	+0.0050%	1h	84.182	−0.073%	$74K	$240K	10x	as long as short
Ondo Perps CRWV-USD.P	+0.0050%	1h	84.100	−0.170%	$250K	$251K	10x	as long as short
KuCoin CRWVUSDTM	+0.0100%	8h	84.140	−0.123%	$354K	$653K	20x	as long as short
Phoenix CRWV	+0.0189%	1h	84.160	−0.099%	$2K	$40K	10x	as long as short
edgeX CRWVUSDC	+0.0891%	4h	84.141	−0.121%	$87K	$207K	10x	as long as short