Funding you earn now, next payment 03:00 UTC−0.0194%/8h= −21.2% APRpaid last 24h −0.077%
Price spread now: Ondo Perps against Bybit−0.163%7-day average −0.106% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.175%−$18 on $10k
+Price spread, last 4 days (all we have)+0.661%+$66 · spread now −0.163%, 7d avg −0.106%
=Together, before fees+0.486%+ Points / potential airdropOndo Perps: Active · farm board+$49 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$6 a day on $10k at the current rate, and Ondo Perps is 0.056% cheaper against Bybit than usual: you would sell low and buy high (−$6 if the spread goes back to its 7-day average of −0.106%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit CRWVUSDT | 85.980 | 0.0244 | pay 0.0244% / 8h | 5h 29m | $2.2M | $1.1M | 25x |
| Short | Ondo Perps CRWV-USD.P | 85.840 | 0.0050 | get 0.0006% / 1h | 29m 22s | $329K | $136K | 10x |
Bybit CRWVUSDT
Ondo Perps CRWV-USD.PFunding history
latest
Range statsloading…
Price spread between the two exchanges
Ondo Perps against Bybit. 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
- −$40.75
- Price spread: −0.163% → −0.106%
- −$5.65
- Slippage, 4 orders
- no order book: not counted
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Net
- −$62.4
- Costs to cover
- 0.160%
- Break-even
- never at this rate
Slippage unknown: Bybit: live order book, 2 min ago; Ondo Perps: no order-book sample. 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 Bybit live order book, 2 min ago | 2.91 bp | 15.2 bp −$15 | 67.6 bp −$676 | doesn't fit | doesn't fit |
| Sell Ondo Perps no order-book sample | — | — | — | — | — |
Ondo Perps: 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 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster CRWVUSDT | 0.0000% | 8h | 86.066 | +0.100% | $37K | $35K | 20x | as long as short |
| OKX CRWV-USDT-SWAP | 0.0000% | 8h | 85.960 | −0.023% | $2.5M | $4.8M | 25x | as long as short |
| Gate CRWV_USDT | 0.0000% | 8h | 85.990 | +0.012% | $5.5M | $3.9M | 50x | as long as short |
| Bitget CRWVUSDT | 0.0000% | 8h | 85.950 | −0.035% | $2.0M | $2.0M | 20x | as long as short |
| GRVT CRWV_USDT_Perp | 0.0000% | 8h | 85.931 | −0.057% | $2K | $190K | 10x | as long as short |
| SunX CRWV-USDT | 0.0000% | 8h | 85.850 | −0.151% | $1K | $4.6M | 10x | as long as short |
| HTX CRWV-USDT | 0.0000% | 8h | 86.010 | +0.035% | $141K | $2K | 20x | as long as short |
| Variational Omni CRWV | +0.0004% | 8h | 85.932 | −0.055% | $314K | $300K | — | as long as short |
| BloFin CRWV-USDT | +0.0016% | 8h | 85.960 | −0.023% | $166K | $67K | 20x | as long as short |
| Lighter CRWV | +0.0032% | 1h | 86.010 | +0.035% | $103K | $30K | 10x | as long as short |
Aster CRWVUSDT
OKX CRWV-USDT-SWAP
Gate CRWV_USDT
Bitget CRWVUSDT
GRVT CRWV_USDT_Perp
SunX CRWV-USDT
HTX CRWV-USDT
Variational Omni CRWV
BloFin CRWV-USDT
Lighter CRWVShow all 23 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter RH CRWV | +0.0032% | 1h | 85.970 | −0.012% | $418K | $352K | 10x | as long as short |
| QFEX CRWV-USD | +0.0032% | 1h | 85.960 | −0.023% | $1.3M | $2.7M | 10x | as long as short |
| Arcus CRWV-USD | +0.0040% | 1h | 85.910 | −0.081% | $64K | $79K | 10x | as long as short |
| Vest CRWV-USD-PERP | +0.0046% | 1h | 86.030 | +0.058% | — | $156K | 10x | as long as short |
| Ondo Perps CRWV-USD.Pshort | +0.0050% | 1h | 85.840 | −0.163% | $329K | $136K | 10x | |
| tradeXYZ xyz:CRWV | +0.0064% | 1h | 85.941 | −0.045% | $9.7M | $8.2M | 10x | as long as short |
| Binance CRWVUSDT | +0.0080% | 8h | 85.976 | −0.004% | $9.6M | $17.1M | 25x | as long as short |
| Extended CRWV-USD | +0.0080% | 1h | 85.917 | −0.074% | $14K | $306K | 10x | as long as short |
| KuCoin CRWVUSDTM | +0.0100% | 8h | 85.910 | −0.081% | $363K | $528K | 20x | as long as short |
| Polymarket Perps CRWV-USD | +0.0162% | 1h | 85.989 | +0.010% | $85K | $289K | 10x | as long as short |
| Phoenix CRWV | +0.0187% | 1h | 85.930 | −0.058% | $1K | $46K | 10x | as long as short |
| Bybit CRWVUSDTlong | +0.0244% | 8h | 85.980 | long leg | $2.2M | $1.1M | 25x | |
| edgeX CRWVUSDC | +0.0755% | 4h | 85.951 | −0.034% | $89K | $203K | 10x | as long as short |
Lighter RH CRWV
QFEX CRWV-USD
Arcus CRWV-USD
Vest CRWV-USD-PERP
tradeXYZ xyz:CRWV
Binance CRWVUSDT
Extended CRWV-USD
KuCoin CRWVUSDTM
Polymarket Perps CRWV-USD
Phoenix CRWV
edgeX CRWVUSDC