Funding you earn now, next payment 05:00 UTC+0.0025%/8h= +2.8% APRnext payment +$0.03 per $10,000 · paid last 24h +0.018%
Price spread now: tradeXYZ against QFEX+0.007%7-day average −0.056% · 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−$37as in the Price arb table
costs, in and out, $10k−$430.433% of the position
Funding, last 4 days (all we have)+0.046%+$5 on $10k
+Price spread, last 7 days−0.069%−$7 · spread now +0.007%, 7d avg −0.056%
=Together, before fees−0.023%+ Points / potential airdroptradeXYZ: Active · farm board−$2 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 tradeXYZ is 0.063% dearer against QFEX than usual: you sell high and buy low: +$6 more if the spread goes back to its 7-day average of −0.056%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | QFEX CRWV-USD | 84.610 | 0.0025 | pay 0.0003% / 1h | 5m 03s | $1.3M | $2.5M | 10x |
| Short | tradeXYZ xyz:CRWV | 84.616 | 0.0050 | get 0.0006% / 1h | 5m 03s | $9.2M | $8.1M | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
tradeXYZ against QFEX. 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
- $5.34
- Price spread: +0.007% → −0.056%
- $6.3
- Slippage, 4 orders
- −$15.27
- Fee QFEX: 5 bp × 2 orders
- −$10
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Net
- −$31.63
- Costs to cover
- 0.433%
- Break-even
- 48.4 days
Slippage from QFEX: live order book, 2 min ago; tradeXYZ: live order book, 2 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 QFEX live order book, 2 min ago | 2.95 bp | 9.1 bp −$9 | 12.8 bp −$128 | doesn't fit | doesn't fit |
| Sell tradeXYZ live order book, 2 min ago | 1.18 bp | 12.8 bp −$13 | doesn't fit | 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 | −0.0280% | 8h | 84.670 | +0.071% | $1.8M | $1.9M | 20x | as long as short |
| Gate CRWV_USDT | −0.0085% | 8h | 84.690 | +0.095% | $5.4M | $3.8M | 50x | as long as short |
| Aster CRWVUSDT | 0.0000% | 8h | 84.782 | +0.204% | $37K | $33K | 20x | as long as short |
| Extended CRWV-USD | 0.0000% | 1h | 84.608 | −0.002% | $15K | $240K | 10x | as long as short |
| Binance CRWVUSDT | 0.0000% | 8h | 84.650 | +0.047% | $9.3M | $17.6M | 25x | as long as short |
| OKX CRWV-USDT-SWAP | 0.0000% | 8h | 84.640 | +0.035% | $2.4M | $5.1M | 25x | as long as short |
| Variational Omni CRWV | 0.0000% | 8h | 84.745 | +0.160% | $305K | $303K | — | as long as short |
| GRVT CRWV_USDT_Perp | 0.0000% | 8h | 84.648 | +0.045% | $2K | $192K | 10x | as long as short |
| SunX CRWV-USDT | 0.0000% | 8h | 84.600 | −0.012% | $2K | $4.4M | 10x | as long as short |
| HTX CRWV-USDT | 0.0000% | 8h | 84.670 | +0.071% | $138K | $2K | 20x | as long as short |
Show all 23 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin CRWV-USDT | +0.0023% | 8h | 84.670 | +0.071% | $158K | $67K | 20x | as long as short |
| QFEX CRWV-USDlong | +0.0025% | 1h | 84.610 | long leg | $1.3M | $2.5M | 10x | |
| Lighter CRWV | +0.0032% | 1h | 84.590 | −0.024% | $96K | $37K | 10x | as long as short |
| Lighter RH CRWV | +0.0032% | 1h | 84.610 | 0.000% | $407K | $373K | 10x | as long as short |
| Arcus CRWV-USD | +0.0040% | 1h | 84.630 | +0.024% | $63K | $79K | 10x | as long as short |
| Vest CRWV-USD-PERP | +0.0046% | 1h | 84.640 | +0.035% | — | $176K | 10x | as long as short |
| tradeXYZ xyz:CRWVshort | +0.0050% | 1h | 84.616 | +0.007% | $9.2M | $8.1M | 10x | |
| Polymarket Perps CRWV-USD | +0.0050% | 1h | 84.594 | −0.019% | $80K | $306K | 10x | as long as short |
| Ondo Perps CRWV-USD.P | +0.0050% | 1h | 84.530 | −0.095% | $310K | $159K | 10x | as long as short |
| Bybit CRWVUSDT | +0.0087% | 8h | 84.710 | +0.118% | $2.1M | $1.1M | 25x | as long as short |
| Phoenix CRWV | +0.0093% | 1h | 84.610 | 0.000% | $1K | $45K | 10x | as long as short |
| KuCoin CRWVUSDTM | +0.0100% | 8h | 84.600 | −0.012% | $357K | $528K | 20x | as long as short |
| edgeX CRWVUSDC | +0.0753% | 4h | 84.515 | −0.112% | $87K | $203K | 10x | as long as short |
tradeXYZ xyz:CRWV
Bitget CRWVUSDT
Gate CRWV_USDT
Aster CRWVUSDT
Extended CRWV-USD
Binance 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
Polymarket Perps CRWV-USD
Bybit CRWVUSDT
Phoenix CRWV
KuCoin CRWVUSDTM
edgeX CRWVUSDC