Funding you earn now, next payment 11:00 UTC−0.0685%/8h= −75.0% APRpaid last 24h −0.157%
Price spread now: QFEX against edgeX+0.008%57s7-day average −0.036% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$420.419% of the position
Funding, last 4 days (all we have)+0.016%+$2 on $10k
+Price spread, last 4 days (all we have)−0.089%−$9 · spread now +0.008%, 7d avg −0.036%
=Together, before fees−0.073%+ Points / potential airdropedgeX: Active · farm board−$7 on $10k · with fees, hour by hour
The price spread pays, funding is against you. QFEX is 0.044% dearer against edgeX than usual: you sell high and buy low (spread +0.008% now, against its 7-day average of −0.036%): +$4 on $10k if it goes back. Holding the pair costs −$21 a day in funding at the current rate, which eats that in about 5 hours. The two prices were read 57 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 4 days it paid 0.016% in total (about 1.5% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made; yellow are the hours one leg has not settled yet: what the other leg paid, plus the unsettled leg at its current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | edgeX CRWVUSDC | 85.043 | 0.0689 | pay 0.0345% / 4h | 1h 06m | $87K | $207K | 10x |
| Short | QFEX CRWV-USD | 85.050 | 0.0004 | get 0.0000% / 1h | 6m 32s | $1.3M | $2.5M | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
QFEX against edgeX. 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
- −$143.87
- Price spread: +0.008% → −0.036%
- $4.37
- Slippage, 4 orders
- −$22.91
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee QFEX: 5 bp × 2 orders
- −$10
- Net
- −$181.41
- Costs to cover
- 0.419%
- Break-even
- never at this rate
Slippage from edgeX: live order book, 38 min ago; QFEX: live order book, 4 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 edgeX live order book, 38 min ago | 3.53 bp | 10.8 bp −$11 | 38.2 bp −$382 | doesn't fit | doesn't fit |
| Sell QFEX live order book, 4 min ago | 2.94 bp | 9.1 bp −$9 | 13.9 bp −$139 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster CRWVUSDT | 0.0000% | 8h | 85.022 | −0.025% | $37K | $33K | 20x | as long as short |
| Extended CRWV-USD | 0.0000% | 1h | 85.072 | +0.034% | $16K | $276K | 10x | as long as short |
| Binance CRWVUSDT | 0.0000% | 8h | 85.100 | +0.067% | $8.3M | $22.7M | 25x | as long as short |
| Bybit CRWVUSDT | 0.0000% | 8h | 85.090 | +0.055% | $1.9M | $1.3M | 25x | as long as short |
| OKX CRWV-USDT-SWAP | 0.0000% | 8h | 85.070 | +0.031% | $2.2M | $5.5M | 25x | as long as short |
| Gate CRWV_USDT | 0.0000% | 8h | 85.110 | +0.078% | $5.2M | $4.7M | 50x | as long as short |
| Bitget CRWVUSDT | 0.0000% | 8h | 85.180 | +0.161% | $2.1M | $2.2M | 20x | as long as short |
| Variational Omni CRWV | 0.0000% | 8h | 84.983 | −0.071% | $320K | $267K | — | as long as short |
| GRVT CRWV_USDT_Perp | 0.0000% | 8h | 85.050 | +0.008% | $3K | $167K | 10x | as long as short |
| SunX CRWV-USDT | 0.0000% | 8h | 85.050 | +0.008% | $2K | $4.0M | 10x | as long as short |
Show all 23 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX CRWV-USDT | 0.0000% | 8h | 85.150 | +0.125% | $132K | $17K | 20x | as long as short |
| QFEX CRWV-USDshort | +0.0004% | 1h | 85.050 | +0.008% | $1.3M | $2.5M | 10x | |
| BloFin CRWV-USDT | +0.0005% | 8h | 85.030 | −0.016% | $152K | $62K | 20x | as long as short |
| Lighter CRWV | +0.0032% | 1h | 85.050 | +0.008% | $103K | $36K | 10x | as long as short |
| Lighter RH CRWV | +0.0032% | 1h | 85.090 | +0.055% | $355K | $504K | 10x | as long as short |
| Arcus CRWV-USD | +0.0040% | 1h | 85.030 | −0.016% | $62K | $63K | 10x | as long as short |
| Vest CRWV-USD-PERP | +0.0046% | 1h | 85.220 | +0.208% | — | $198K | 10x | as long as short |
| tradeXYZ xyz:CRWV | +0.0050% | 1h | 85.062 | +0.022% | $9.2M | $8.6M | 10x | as long as short |
| Polymarket Perps CRWV-USD | +0.0050% | 1h | 85.038 | −0.006% | $84K | $263K | 10x | as long as short |
| Ondo Perps CRWV-USD.P | +0.0050% | 1h | 85.090 | +0.055% | $238K | $256K | 10x | as long as short |
| KuCoin CRWVUSDTM | +0.0100% | 8h | 85.040 | −0.004% | $357K | $717K | 20x | as long as short |
| Phoenix CRWV | +0.0188% | 1h | 85.050 | +0.008% | $1K | $42K | 10x | as long as short |
| edgeX CRWVUSDClong | +0.0689% | 4h | 85.043 | long leg | $87K | $207K | 10x |
edgeX CRWVUSDC
Aster CRWVUSDT
Extended CRWV-USD
Binance CRWVUSDT
Bybit CRWVUSDT
OKX CRWV-USDT-SWAP
Gate CRWV_USDT
Bitget CRWVUSDT
Variational Omni CRWV
GRVT CRWV_USDT_Perp
SunX CRWV-USDT
HTX CRWV-USDT
BloFin CRWV-USDT
Lighter CRWV
Lighter RH CRWV
tradeXYZ xyz:CRWV
Polymarket Perps CRWV-USD
KuCoin CRWVUSDTM
Phoenix CRWV