Settings8H · net · $10k
Funding arb · Price arb /

CRWV

RWAall CRWV markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC+0.0022%/8h= +2.4% APRpaid last 24h −0.024%
Price spread now: QFEX against BloFin+0.024%7-day average −0.042% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$35as in the Price arb table
costs, in and out, $10k−$410.413% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)−0.056%−$6 on $10k
Price spread, last 4 days (all we have)−0.018%−$2 · spread now +0.024%, 7d avg −0.042%
Together, before fees−0.074%−$7 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 QFEX is 0.066% dearer against BloFin than usual: you sell high and buy low: +$7 more if the spread goes back to its 7-day average of −0.042%. Mind the row above: over the last 4 days funding on this pair cost −0.056%, so the current rate has only just turned in your favour.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin CRWV-USDT84.280−0.0001get 0.0001% / 8h2h 08m$153K$66K20x
ShortQFEX CRWV-USD84.3000.0021get 0.0003% / 1h8m 26s$1.3M$2.5M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

QFEX against BloFin. 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

Funding earned
$4.64
Price spread: +0.024% → −0.042%
$6.61
Slippage, 4 orders
−$19.34
Fee BloFin: 6 bp × 2 orders
−$12
Fee QFEX: 5 bp × 2 orders
−$10
Net
−$30.1
Costs to cover
0.413%
Break-even
52.4 days
Slippage from BloFin: live order book, 6 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
LegHalf-spread$10k$100k$1M$5M
Buy BloFin live order book, 6 min ago1.19 bp10.0 bp −$1025.6 bp −$256doesn't fitdoesn't fit
Sell QFEX live order book, 4 min ago2.37 bp7.4 bp −$710.6 bp −$106doesn't fitdoesn't fit

CRWV on 23 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget CRWVUSDT−0.0875%8h84.360+0.095%$1.8M$2.0M20xas long as short
Gate CRWV_USDT−0.0192%8h84.310+0.036%$5.4M$4.1M50xas long as short
BloFin CRWV-USDTlong−0.0001%8h84.280long leg$153K$66K20x
Aster CRWVUSDT0.0000%8h84.302+0.026%$36K$34K20xas long as short
Extended CRWV-USD0.0000%1h84.275−0.006%$16K$241K10xas long as short
Binance CRWVUSDT0.0000%8h84.310+0.036%$9.2M$18.1M25xas long as short
OKX CRWV-USDT-SWAP0.0000%8h84.290+0.012%$2.3M$5.3M25xas long as short
Variational Omni CRWV0.0000%8h84.240−0.047%$303K$286Kas long as short
GRVT CRWV_USDT_Perp0.0000%8h84.259−0.025%$2K$191K10xas long as short
SunX CRWV-USDT0.0000%8h84.310+0.036%$2K$4.4M10xas long as short
Show all 23 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX CRWV-USDT0.0000%8h84.430+0.178%$136K$6K20xas long as short
Bybit CRWVUSDT+0.0017%8h84.320+0.047%$2.0M$1.2M25xas long as short
QFEX CRWV-USDshort+0.0021%1h84.300+0.024%$1.3M$2.5M10x
Lighter CRWV+0.0032%1h84.240−0.047%$96K$35K10xas long as short
Lighter RH CRWV+0.0032%1h84.270−0.012%$398K$382K10xas long as short
Arcus CRWV-USD+0.0040%1h84.210−0.083%$63K$79K10xas long as short
Vest CRWV-USD-PERP+0.0046%1h84.310+0.036%$177K10xas long as short
Polymarket Perps CRWV-USD+0.0050%1h84.2800.000%$76K$312K10xas long as short
Ondo Perps CRWV-USD.P+0.0050%1h84.190−0.107%$310K$161K10xas long as short
tradeXYZ xyz:CRWV+0.0060%1h84.2800.000%$9.1M$8.2M10xas long as short
KuCoin CRWVUSDTM+0.0100%8h84.250−0.036%$356K$555K20xas long as short
Phoenix CRWV+0.0189%1h84.120−0.190%$2K$45K10xas long as short
edgeX CRWVUSDC+0.0485%4h84.243−0.044%$87K$203K10xas long as short