Settings8H · net · $10k
Funding arb · Price arb /

CRWV

RWAall CRWV markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC+0.0027%/8h= +3.0% APRpaid last 24h −0.024%
Price spread now: QFEX against BloFin+0.095%99s7-day average −0.042% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$400.402% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)−0.056%−$6 on $10k
Price spread, last 4 days (all we have)−0.093%−$9 · spread now +0.095%, 7d avg −0.042%
Together, before fees−0.149%−$15 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and QFEX is 0.137% dearer against BloFin than usual: you sell high and buy low: +$14 more if the spread goes back to its 7-day average of −0.042%. Mind the row above: over the last 4 days funding on this pair cost −0.056%, so the current rate has only just turned in your favour. The two prices were read 99 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin CRWV-USDT84.090−0.0006get 0.0006% / 8h1h 23m$153K$65K20x
ShortQFEX CRWV-USD84.1700.0021get 0.0003% / 1h23m 36s$1.3M$2.5M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

QFEX against BloFin. 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

Funding earned
$5.74
Price spread: +0.095% → −0.042%
$13.71
Slippage, 4 orders
−$18.17
Fee BloFin: 6 bp × 2 orders
−$12
Fee QFEX: 5 bp × 2 orders
−$10
Net
−$20.72
Costs to cover
0.402%
Break-even
32.2 days
Slippage from BloFin: live order book, 51 min ago; QFEX: live order book, 9 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy BloFin live order book, 51 min ago1.19 bp10.0 bp −$1025.6 bp −$256doesn't fitdoesn't fit
Sell QFEX live order book, 9 min ago1.78 bp6.8 bp −$710.7 bp −$107doesn't fitdoesn't fit

CRWV on 23 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget CRWVUSDT−0.0807%8h84.180+0.107%$1.8M$1.9M20xas long as short
Gate CRWV_USDT−0.0308%8h84.160+0.083%$5.3M$4.1M50xas long as short
BloFin CRWV-USDTlong−0.0006%8h84.090long leg$153K$65K20x
Aster CRWVUSDT0.0000%8h84.197+0.127%$37K$34K20xas long as short
Extended CRWV-USD0.0000%1h84.139+0.059%$15K$243K10xas long as short
Binance CRWVUSDT0.0000%8h84.160+0.083%$9.1M$18.0M25xas long as short
Bybit CRWVUSDT0.0000%8h84.180+0.107%$2.0M$1.3M25xas long as short
OKX CRWV-USDT-SWAP0.0000%8h84.150+0.071%$2.3M$5.2M25xas long as short
Variational Omni CRWV0.0000%8h84.120+0.036%$303K$286Kas long as short
GRVT CRWV_USDT_Perp0.0000%8h84.150+0.071%$2K$190K10xas long as short
Show all 23 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX CRWV-USDT0.0000%8h84.080−0.012%$1K$4.3M10xas long as short
HTX CRWV-USDT0.0000%8h84.200+0.131%$133K$11K20xas long as short
QFEX CRWV-USDshort+0.0021%1h84.170+0.095%$1.3M$2.5M10x
Lighter CRWV+0.0032%1h84.110+0.024%$96K$32K10xas long as short
Lighter RH CRWV+0.0032%1h84.160+0.083%$397K$385K10xas long as short
Arcus CRWV-USD+0.0040%1h84.0900.000%$63K$78K10xas long as short
Vest CRWV-USD-PERP+0.0046%1h84.120+0.036%$177K10xas long as short
Polymarket Perps CRWV-USD+0.0050%1h84.081−0.011%$75K$304K10xas long as short
Ondo Perps CRWV-USD.P+0.0050%1h84.000−0.107%$308K$161K10xas long as short
tradeXYZ xyz:CRWV+0.0089%1h84.123+0.039%$9.1M$8.2M10xas long as short
KuCoin CRWVUSDTM+0.0100%8h84.100+0.012%$353K$566K20xas long as short
Phoenix CRWV+0.0190%1h84.130+0.048%$2K$44K10xas long as short
edgeX CRWVUSDC+0.0220%4h84.147+0.067%$87K$202K10xas long as short