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: QFEX against tradeXYZ−0.004%7-day average +0.056% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$49as 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+0.065%+$7 · spread now −0.004%, 7d avg +0.056%
=Together, before fees+0.019%+ Points / potential airdroptradeXYZ: Active · farm board+$2 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and QFEX is 0.059% cheaper against tradeXYZ than usual: you would sell low and buy high (−$6 if the spread goes back to its 7-day average of +0.056%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | tradeXYZ xyz:CRWV | 84.693 | 0.0050 | pay 0.0006% / 1h | 4m 22s | $9.2M | $8.1M | 10x |
| Short | QFEX CRWV-USD | 84.690 | 0.0025 | get 0.0003% / 1h | 4m 22s | $1.3M | $2.5M | 10x |
tradeXYZ xyz:CRWV
QFEX CRWV-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
QFEX against tradeXYZ. 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: −0.004% → +0.056%
- −$5.94
- Slippage, 4 orders
- −$15.27
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Fee QFEX: 5 bp × 2 orders
- −$10
- Net
- −$54.56
- Costs to cover
- 0.433%
- Break-even
- never at this rate
Slippage from tradeXYZ: live order book, 3 min ago; QFEX: live order book, 3 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 tradeXYZ live order book, 3 min ago | 1.18 bp | 13.4 bp −$13 | doesn't fit | doesn't fit | doesn't fit |
| Sell QFEX live order book, 3 min ago | 2.95 bp | 8.0 bp −$8 | 11.4 bp −$114 | 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 | −0.0298% | 8h | 84.770 | +0.091% | $1.8M | $1.9M | 20x | as long as short |
| Gate CRWV_USDT | −0.0087% | 8h | 84.770 | +0.091% | $5.4M | $3.8M | 50x | as long as short |
| Aster CRWVUSDT | 0.0000% | 8h | 84.880 | +0.221% | $37K | $33K | 20x | as long as short |
| Extended CRWV-USD | 0.0000% | 1h | 84.636 | −0.067% | $15K | $240K | 10x | as long as short |
| Binance CRWVUSDT | 0.0000% | 8h | 84.760 | +0.079% | $9.3M | $17.6M | 25x | as long as short |
| OKX CRWV-USDT-SWAP | 0.0000% | 8h | 84.720 | +0.032% | $2.4M | $5.1M | 25x | as long as short |
| Variational Omni CRWV | 0.0000% | 8h | 84.745 | +0.062% | $305K | $303K | — | as long as short |
| GRVT CRWV_USDT_Perp | 0.0000% | 8h | 84.648 | −0.053% | $2K | $192K | 10x | as long as short |
| SunX CRWV-USDT | 0.0000% | 8h | 84.600 | −0.110% | $2K | $4.4M | 10x | as long as short |
| HTX CRWV-USDT | 0.0000% | 8h | 84.670 | −0.027% | $138K | $2K | 20x | as long as short |
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-USDTShow 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 | −0.027% | $158K | $67K | 20x | as long as short |
| QFEX CRWV-USDshort | +0.0025% | 1h | 84.690 | −0.004% | $1.3M | $2.5M | 10x | |
| Lighter CRWV | +0.0032% | 1h | 84.600 | −0.110% | $96K | $37K | 10x | as long as short |
| Lighter RH CRWV | +0.0032% | 1h | 84.610 | −0.098% | $407K | $373K | 10x | as long as short |
| Arcus CRWV-USD | +0.0040% | 1h | 84.620 | −0.086% | $63K | $79K | 10x | as long as short |
| Vest CRWV-USD-PERP | +0.0046% | 1h | 84.670 | −0.027% | — | $176K | 10x | as long as short |
| tradeXYZ xyz:CRWVlong | +0.0050% | 1h | 84.693 | long leg | $9.2M | $8.1M | 10x | |
| Polymarket Perps CRWV-USD | +0.0050% | 1h | 84.695 | +0.002% | $80K | $306K | 10x | as long as short |
| Ondo Perps CRWV-USD.P | +0.0050% | 1h | 84.530 | −0.192% | $310K | $159K | 10x | as long as short |
| Bybit CRWVUSDT | +0.0087% | 8h | 84.720 | +0.032% | $2.1M | $1.1M | 25x | as long as short |
| Phoenix CRWV | +0.0093% | 1h | 84.610 | −0.098% | $1K | $45K | 10x | as long as short |
| KuCoin CRWVUSDTM | +0.0100% | 8h | 84.700 | +0.008% | $357K | $528K | 20x | as long as short |
| edgeX CRWVUSDC | +0.0753% | 4h | 84.515 | −0.210% | $87K | $203K | 10x | as long as short |
BloFin CRWV-USDT
Lighter CRWV
Lighter RH CRWV
Arcus CRWV-USD
Vest CRWV-USD-PERP
Polymarket Perps CRWV-USD
Ondo Perps CRWV-USD.P
Bybit CRWVUSDT
Phoenix CRWV
KuCoin CRWVUSDTM
edgeX CRWVUSDC