Funding arb · Price arb /

CRWV

RWAall CRWV markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0037%/8h= +4.0% APRpaid last 24h +0.012%

Price spread now: QFEX against Aster−0.085%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Aster Short on QFEX

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropAster: Stage 5 · farm boardneeds both histories

Funding pays, the price is against you. QFEX is 0.085% cheaper against Aster than usual: you would sell low and buy high (spread −0.085% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$8 on $10k: about 7.7 days of funding at the current rate (+$1 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aster CRWVUSDT	86.073	0	get 0.0000% / 8h	36m 00s	$37K	$35K	20x
Short	QFEX CRWV-USD	86.000	0.0037	get 0.0005% / 1h	36m 00s	$1.4M	$3.3M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

QFEX against Aster. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee AsterbpFee QFEXbpOrdersPrice spread, now −0.085%Rate

Funding earned: $7.71
Price spread: −0.085% → 0.000%: −$8.47
Slippage, 4 orders: no order book: not counted
Fee Aster: 4 bp × 2 orders: −$8
Fee QFEX: 5 bp × 2 orders: −$10
Net: −$18.76
Costs to cover: 0.180%
Break-even: 24.0 days

Slippage unknown: Aster: no order-book sample; QFEX: live order book, 7 min ago. 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 Aster no order-book sample	—	—	—	—	—
Sell QFEX live order book, 7 min ago	2.33 bp	8.5 bp −$8	10.5 bp −$105	doesn't fit	doesn't fit

Aster: 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 CRWVUSDTlong	0.0000%	8h	86.073	long leg	$37K	$35K	20x
OKX CRWV-USDT-SWAP	0.0000%	8h	86.050	−0.027%	$2.7M	$4.6M	25x	as long as short
Gate CRWV_USDT	0.0000%	8h	86.030	−0.050%	$5.5M	$3.9M	50x	as long as short
Bitget CRWVUSDT	0.0000%	8h	86.020	−0.061%	$2.3M	$2.0M	20x	as long as short
Variational Omni CRWV	0.0000%	8h	86.025	−0.056%	$314K	$391K	—	as long as short
GRVT CRWV_USDT_Perp	0.0000%	8h	86.019	−0.062%	$2K	$206K	10x	as long as short
SunX CRWV-USDT	0.0000%	8h	85.940	−0.154%	$1K	$5.3M	10x	as long as short
HTX CRWV-USDT	0.0000%	8h	86.020	−0.061%	$141K	$2K	20x	as long as short
Extended CRWV-USD	+0.0008%	1h	86.015	−0.067%	$14K	$228K	10x	as long as short
Binance CRWVUSDT	+0.0008%	8h	86.030	−0.050%	$9.6M	$18.1M	25x	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	+0.0019%	8h	86.060	−0.015%	$171K	$69K	20x	as long as short
Lighter CRWV	+0.0032%	1h	86.110	+0.043%	$104K	$32K	10x	as long as short
Lighter RH CRWV	+0.0032%	1h	86.040	−0.038%	$422K	$445K	10x	as long as short
QFEX CRWV-USDshort	+0.0037%	1h	86.000	−0.085%	$1.4M	$3.3M	10x
Vest CRWV-USD-PERP	+0.0046%	1h	86.090	+0.020%	—	$156K	10x	as long as short
Ondo Perps CRWV-USD.P	+0.0050%	1h	85.950	−0.143%	$332K	$216K	10x	as long as short
KuCoin CRWVUSDTM	+0.0100%	8h	85.970	−0.120%	$364K	$518K	20x	as long as short
Phoenix CRWV	+0.0186%	1h	86.040	−0.038%	$1K	$44K	10x	as long as short
Bybit CRWVUSDT	+0.0205%	8h	86.050	−0.027%	$2.2M	$1.2M	25x	as long as short
tradeXYZ xyz:CRWV	+0.0265%	1h	86.003	−0.081%	$9.6M	$7.6M	10x	as long as short
Polymarket Perps CRWV-USD	+0.0381%	1h	86.072	−0.001%	$66K	$198K	10x	as long as short
Arcus CRWV-USD	+0.0456%	1h	86.020	−0.061%	$61K	$76K	10x	as long as short
edgeX CRWVUSDC	+0.0905%	4h	86.007	−0.076%	$89K	$200K	10x	as long as short