Funding you earn now, next payment 07:00 UTC−0.0029%/8h= −3.2% APRnext payment −$0.04 per $10,000 · paid last 24h −0.038%
Price spread now: QFEX against Polymarket Perps+0.036%7-day average +0.002% · 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−$22as in the Price arb table
costs, in and out, $10k−$250.252% of the position
Funding, last 4 days (all we have)−0.130%−$13 on $10k
+Price spread, last 4 days (all we have)−0.166%−$17 · spread now +0.036%, 7d avg +0.002%
=The price spread pays, funding is against you. QFEX is 0.034% dearer against Polymarket Perps than usual: you sell high and buy low (spread +0.036% now, against its 7-day average of +0.002%): +$3 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 3.9 days. At the pace of the last 4 days (−0.130% in total) that is about 23 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Polymarket Perps CRWV-USD | 83.980 | 0.0050 | pay 0.0006% / 1h | 47m 18s | $75K | $313K | 10x |
| Short | QFEX CRWV-USD | 84.010 | 0.0021 | get 0.0003% / 1h | 47m 18s | $1.3M | $2.5M | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
QFEX against Polymarket Perps. 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
- −$6.05
- Price spread: +0.036% → +0.002%
- $3.36
- Slippage, 4 orders
- −$7.2
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Fee QFEX: 5 bp × 2 orders
- −$10
- Net
- −$27.88
- Costs to cover
- 0.252%
- Break-even
- never at this rate
Slippage from Polymarket Perps: live order book, 60 min ago; QFEX: live order book, 5 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 Polymarket Perps live order book, 60 min ago | 0.12 bp | 6.3 bp −$6 | 6.6 bp −$66 | doesn't fit | doesn't fit |
| Sell QFEX live order book, 5 min ago | 1.78 bp | 6.8 bp −$7 | 10.9 bp −$109 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget CRWVUSDT | −0.0831% | 8h | 84.080 | +0.119% | $1.8M | $2.0M | 20x | as long as short |
| Gate CRWV_USDT | −0.0251% | 8h | 84.010 | +0.036% | $5.3M | $4.1M | 50x | as long as short |
| Aster CRWVUSDT | 0.0000% | 8h | 84.063 | +0.099% | $36K | $34K | 20x | as long as short |
| Extended CRWV-USD | 0.0000% | 1h | 83.957 | −0.028% | $15K | $241K | 10x | as long as short |
| Binance CRWVUSDT | 0.0000% | 8h | 84.010 | +0.036% | $9.1M | $18.1M | 25x | as long as short |
| Bybit CRWVUSDT | 0.0000% | 8h | 84.000 | +0.024% | $2.0M | $1.3M | 25x | as long as short |
| OKX CRWV-USDT-SWAP | 0.0000% | 8h | 84.010 | +0.036% | $2.3M | $5.3M | 25x | as long as short |
| Variational Omni CRWV | 0.0000% | 8h | 84.091 | +0.132% | $303K | $286K | — | as long as short |
| GRVT CRWV_USDT_Perp | 0.0000% | 8h | 84.106 | +0.150% | $2K | $191K | 10x | as long as short |
| SunX CRWV-USDT | 0.0000% | 8h | 83.940 | −0.048% | $2K | $4.4M | 10x | as long as short |
Show all 23 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX CRWV-USDT | 0.0000% | 8h | 84.150 | +0.202% | $136K | $6K | 20x | as long as short |
| QFEX CRWV-USDshort | +0.0021% | 1h | 84.010 | +0.036% | $1.3M | $2.5M | 10x | |
| BloFin CRWV-USDT | +0.0030% | 8h | 84.110 | +0.155% | $154K | $66K | 20x | as long as short |
| Lighter CRWV | +0.0032% | 1h | 83.970 | −0.012% | $95K | $32K | 10x | as long as short |
| Lighter RH CRWV | +0.0032% | 1h | 83.980 | 0.000% | $396K | $383K | 10x | as long as short |
| Arcus CRWV-USD | +0.0040% | 1h | 84.050 | +0.083% | $63K | $78K | 10x | as long as short |
| Vest CRWV-USD-PERP | +0.0046% | 1h | 84.000 | +0.024% | — | $177K | 10x | as long as short |
| Polymarket Perps CRWV-USDlong | +0.0050% | 1h | 83.980 | long leg | $75K | $313K | 10x | |
| Ondo Perps CRWV-USD.P | +0.0050% | 1h | 84.130 | +0.179% | $308K | $162K | 10x | as long as short |
| tradeXYZ xyz:CRWV | +0.0059% | 1h | 83.973 | −0.008% | $9.1M | $8.2M | 10x | as long as short |
| KuCoin CRWVUSDTM | +0.0100% | 8h | 83.980 | 0.000% | $353K | $562K | 20x | as long as short |
| Phoenix CRWV | +0.0190% | 1h | 84.060 | +0.095% | $2K | $44K | 10x | as long as short |
| edgeX CRWVUSDC | +0.0292% | 4h | 84.132 | +0.181% | $87K | $203K | 10x | as long as short |
Polymarket Perps CRWV-USD
Bitget CRWVUSDT
Gate CRWV_USDT
Aster CRWVUSDT
Extended CRWV-USD
Binance CRWVUSDT
Bybit CRWVUSDT
OKX CRWV-USDT-SWAP
Variational Omni CRWV
GRVT CRWV_USDT_Perp
SunX CRWV-USDT
HTX CRWV-USDT
BloFin CRWV-USDT
Lighter CRWV
Lighter RH CRWV
tradeXYZ xyz:CRWV
KuCoin CRWVUSDTM
Phoenix CRWV
edgeX CRWVUSDC