Funding you earn now, next payment 05:00 UTC+0.0056%/8h= +6.1% APRpaid last 24h +0.077%
Price spread now: Bybit against Ondo Perps−0.094%47s7-day average +0.107% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.175%+$18 on $10k
+Price spread, last 4 days (all we have)+0.040%+$4 · spread now −0.094%, 7d avg +0.107%
=Together, before fees+0.215%+ Points / potential airdropOndo Perps: Active · farm board+$21 on $10k · with fees, hour by hour
Funding pays, the price is against you. Bybit is 0.201% cheaper against Ondo Perps than usual: you would sell low and buy high (spread −0.094% now, against its 7-day average of +0.107%). If the spread goes back, that is −$20 on $10k: about 12 days of funding at the current rate (+$2 a day). The two prices were read 47 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Ondo Perps CRWV-USD.P | 85.450 | 0.0050 | pay 0.0006% / 1h | 40m 49s | $320K | $147K | 10x |
| Short | Bybit CRWVUSDT | 85.370 | 0.0106 | get 0.0106% / 8h | 3h 40m | $2.1M | $1.1M | 25x |
Ondo Perps CRWV-USD.P
Bybit CRWVUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against Ondo 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
- $11.69
- Price spread: −0.094% → +0.107%
- −$20.06
- Slippage, 4 orders
- no order book: not counted
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$24.37
- Costs to cover
- 0.160%
- Break-even
- 21.6 days
Slippage unknown: Ondo Perps: no order-book sample; Bybit: live order book, 1 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 Ondo Perps no order-book sample | — | — | — | — | — |
| Sell Bybit live order book, 1 min ago | 4.10 bp | 14.6 bp −$15 | 65.3 bp −$653 | doesn't fit | doesn't fit |
Ondo Perps: 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin CRWV-USDT | −0.0026% | 8h | 85.390 | −0.070% | $163K | $67K | 20x | as long as short |
| Aster CRWVUSDT | 0.0000% | 8h | 85.564 | +0.134% | $37K | $33K | 20x | as long as short |
| Extended CRWV-USD | 0.0000% | 1h | 85.350 | −0.117% | $19K | $301K | 10x | as long as short |
| Binance CRWVUSDT | 0.0000% | 8h | 85.371 | −0.093% | $9.4M | $17.3M | 25x | as long as short |
| OKX CRWV-USDT-SWAP | 0.0000% | 8h | 85.370 | −0.094% | $2.5M | $4.9M | 25x | as long as short |
| Gate CRWV_USDT | 0.0000% | 8h | 85.390 | −0.070% | $5.4M | $3.7M | 50x | as long as short |
| Bitget CRWVUSDT | 0.0000% | 8h | 85.390 | −0.070% | $1.9M | $2.1M | 20x | as long as short |
| Variational Omni CRWV | 0.0000% | 8h | 85.375 | −0.088% | $312K | $299K | — | as long as short |
| GRVT CRWV_USDT_Perp | 0.0000% | 8h | 85.527 | +0.091% | $2K | $192K | 10x | as long as short |
| SunX CRWV-USDT | 0.0000% | 8h | 85.320 | −0.152% | $1K | $4.5M | 10x | as long as short |
BloFin CRWV-USDT
Aster CRWVUSDT
Extended CRWV-USD
Binance CRWVUSDT
OKX CRWV-USDT-SWAP
Gate CRWV_USDT
Bitget CRWVUSDT
Variational Omni CRWV
GRVT CRWV_USDT_Perp
SunX CRWV-USDTShow all 23 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX CRWV-USDT | 0.0000% | 8h | 85.520 | +0.082% | $140K | $2K | 20x | as long as short |
| QFEX CRWV-USD | +0.0025% | 1h | 85.380 | −0.082% | $1.4M | $2.5M | 10x | as long as short |
| Lighter CRWV | +0.0032% | 1h | 85.480 | +0.035% | $102K | $29K | 10x | as long as short |
| Lighter RH CRWV | +0.0032% | 1h | 85.370 | −0.094% | $414K | $355K | 10x | as long as short |
| Arcus CRWV-USD | +0.0040% | 1h | 85.450 | 0.000% | $64K | $78K | 10x | as long as short |
| Vest CRWV-USD-PERP | +0.0046% | 1h | 85.460 | +0.012% | — | $156K | 10x | as long as short |
| Polymarket Perps CRWV-USD | +0.0050% | 1h | 85.362 | −0.103% | $85K | $298K | 10x | as long as short |
| Ondo Perps CRWV-USD.Plong | +0.0050% | 1h | 85.450 | long leg | $320K | $147K | 10x | |
| tradeXYZ xyz:CRWV | +0.0052% | 1h | 85.351 | −0.116% | $9.4M | $8.0M | 10x | as long as short |
| Phoenix CRWV | +0.0093% | 1h | 85.540 | +0.105% | $1K | $45K | 10x | as long as short |
| KuCoin CRWVUSDTM | +0.0100% | 8h | 85.350 | −0.117% | $362K | $519K | 20x | as long as short |
| Bybit CRWVUSDTshort | +0.0106% | 8h | 85.370 | −0.094% | $2.1M | $1.1M | 25x | |
| edgeX CRWVUSDC | +0.0709% | 4h | 85.484 | +0.040% | $88K | $202K | 10x | as long as short |
HTX CRWV-USDT
QFEX CRWV-USD
Lighter CRWV
Lighter RH CRWV
Arcus CRWV-USD
Vest CRWV-USD-PERP
Polymarket Perps CRWV-USD
tradeXYZ xyz:CRWV
Phoenix CRWV
KuCoin CRWVUSDTM
edgeX CRWVUSDC