Funding you earn now, next payment 03:00 UTC−0.0018%/8h= −2.0% APRnext payment −$0.02 per $10,000 · paid last 24h −0.003%
Price spread now: QFEX against Ondo Perps+0.035%7-day average +0.079% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)−0.051%−$5 on $10k
+Price spread, last 4 days (all we have)−0.047%−$5 · spread now +0.035%, 7d avg +0.079%
=Together, before fees−0.099%+ Points / potential airdropOndo Perps: Active · farm board−$10 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 0.044% cheaper against Ondo Perps than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of +0.079%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Ondo Perps CRWV-USD.P | 85.840 | 0.0050 | pay 0.0006% / 1h | 24m 53s | $329K | $136K | 10x |
| Short | QFEX CRWV-USD | 85.870 | 0.0032 | get 0.0004% / 1h | 24m 53s | $1.3M | $2.7M | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
QFEX 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
- −$3.8
- Price spread: +0.035% → +0.079%
- −$4.38
- Slippage, 4 orders
- no order book: not counted
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Fee QFEX: 5 bp × 2 orders
- −$10
- Net
- −$23.18
- Costs to cover
- 0.150%
- Break-even
- never at this rate
Slippage unknown: Ondo Perps: no order-book sample; QFEX: live order book, 3 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 QFEX live order book, 3 min ago | 2.33 bp | 8.5 bp −$8 | 10.9 bp −$109 | 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 | −0.0022% | 8h | 85.940 | +0.116% | $166K | $67K | 20x | as long as short |
| Aster CRWVUSDT | 0.0000% | 8h | 86.024 | +0.215% | $37K | $35K | 20x | as long as short |
| OKX CRWV-USDT-SWAP | 0.0000% | 8h | 85.910 | +0.082% | $2.5M | $4.8M | 25x | as long as short |
| Gate CRWV_USDT | 0.0000% | 8h | 85.950 | +0.128% | $5.5M | $3.9M | 50x | as long as short |
| Bitget CRWVUSDT | 0.0000% | 8h | 85.900 | +0.070% | $2.0M | $2.0M | 20x | as long as short |
| Variational Omni CRWV | 0.0000% | 8h | 85.892 | +0.061% | $313K | $300K | — | as long as short |
| GRVT CRWV_USDT_Perp | 0.0000% | 8h | 85.920 | +0.093% | $2K | $190K | 10x | as long as short |
| SunX CRWV-USDT | 0.0000% | 8h | 85.820 | −0.023% | $1K | $4.6M | 10x | as long as short |
| HTX CRWV-USDT | 0.0000% | 8h | 85.950 | +0.128% | $140K | $2K | 20x | as long as short |
| Lighter CRWV | +0.0032% | 1h | 85.950 | +0.128% | $103K | $30K | 10x | as long as short |
Show all 23 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter RH CRWV | +0.0032% | 1h | 85.900 | +0.070% | $418K | $352K | 10x | as long as short |
| QFEX CRWV-USDshort | +0.0032% | 1h | 85.870 | +0.035% | $1.3M | $2.7M | 10x | |
| Arcus CRWV-USD | +0.0040% | 1h | 85.880 | +0.047% | $64K | $79K | 10x | as long as short |
| Vest CRWV-USD-PERP | +0.0046% | 1h | 85.940 | +0.116% | — | $156K | 10x | as long as short |
| Ondo Perps CRWV-USD.Plong | +0.0050% | 1h | 85.840 | long leg | $329K | $136K | 10x | |
| tradeXYZ xyz:CRWV | +0.0053% | 1h | 85.864 | +0.028% | $9.7M | $8.2M | 10x | as long as short |
| Extended CRWV-USD | +0.0072% | 1h | 85.888 | +0.056% | $14K | $304K | 10x | as long as short |
| Binance CRWVUSDT | +0.0073% | 8h | 85.910 | +0.081% | $9.6M | $17.0M | 25x | as long as short |
| KuCoin CRWVUSDTM | +0.0100% | 8h | 85.860 | +0.023% | $363K | $528K | 20x | as long as short |
| Polymarket Perps CRWV-USD | +0.0164% | 1h | 85.937 | +0.113% | $85K | $289K | 10x | as long as short |
| Phoenix CRWV | +0.0187% | 1h | 85.860 | +0.023% | $1K | $46K | 10x | as long as short |
| Bybit CRWVUSDT | +0.0223% | 8h | 85.920 | +0.093% | $2.2M | $1.1M | 25x | as long as short |
| edgeX CRWVUSDC | +0.0453% | 4h | 85.892 | +0.060% | $88K | $202K | 10x | as long as short |
BloFin CRWV-USDT
Aster CRWVUSDT
OKX CRWV-USDT-SWAP
Gate CRWV_USDT
Bitget CRWVUSDT
Variational Omni CRWV
GRVT CRWV_USDT_Perp
SunX CRWV-USDT
HTX CRWV-USDT
Lighter CRWV
Lighter RH CRWV
tradeXYZ xyz:CRWV
Extended CRWV-USD
Binance CRWVUSDT
KuCoin CRWVUSDTM
Polymarket Perps CRWV-USD
Phoenix CRWV
Bybit CRWVUSDT
edgeX CRWVUSDC