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

CRWV

RWAall CRWV markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0038%/8h= −4.2% APRnext payment $0.05 per $10,000 · paid last 24h −0.035%
Price spread now: QFEX against Polymarket Perps+0.056%7-day average +0.003% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$26as in the Price arb table
costs, in and out, $10k−$310.309% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)−0.130%−$13 on $10k
Price spread, last 4 days (all we have)−1.012%−$101 · spread now +0.056%, 7d avg +0.003%
Together, before fees−1.142%−$114 on $10k · with fees, hour by hour
The price spread pays, funding is against you. QFEX is 0.053% dearer against Polymarket Perps than usual: you sell high and buy low (spread +0.056% now, against its 7-day average of +0.003%): +$5 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 4.7 days. At the pace of the last 4 days (−0.130% in total) that is about 37 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPolymarket Perps CRWV-USD84.3930.0050pay 0.0006% / 1h31m 46s$75K$305K10x
ShortQFEX CRWV-USD84.4400.0012get 0.0002% / 1h31m 46s$1.3M$2.4M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

QFEX against Polymarket Perps. 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
−$7.96
Price spread: +0.056% → +0.003%
$5.32
Slippage, 4 orders
−$12.86
Fee Polymarket Perps: 4 bp × 2 orders
−$8
Fee QFEX: 5 bp × 2 orders
−$10
Net
−$33.5
Costs to cover
0.309%
Break-even
never at this rate
Slippage from Polymarket Perps: live order book, 5 min ago; QFEX: live order book, 6 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 Polymarket Perps live order book, 5 min ago2.31 bp8.6 bp −$98.9 bp −$89doesn't fitdoesn't fit
Sell QFEX live order book, 6 min ago1.78 bp9.1 bp −$912.2 bp −$122doesn'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−0.0478%8h84.470+0.091%$1.8M$2.0M20xas long as short
Gate CRWV_USDT−0.0393%8h84.440+0.056%$5.2M$4.2M50xas long as short
BloFin CRWV-USDT−0.0004%8h84.470+0.091%$153K$65K20xas long as short
Aster CRWVUSDT0.0000%8h84.438+0.054%$37K$34K20xas long as short
Extended CRWV-USD0.0000%1h84.430+0.044%$15K$262K10xas long as short
Binance CRWVUSDT0.0000%8h84.460+0.079%$9.1M$18.1M25xas long as short
Bybit CRWVUSDT0.0000%8h84.460+0.079%$1.9M$1.3M25xas long as short
OKX CRWV-USDT-SWAP0.0000%8h84.440+0.056%$2.3M$5.2M25xas long as short
Variational Omni CRWV0.0000%8h84.384−0.011%$304K$275Kas long as short
GRVT CRWV_USDT_Perp0.0000%8h84.420+0.032%$2K$190K10xas long as short
Show all 23 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX CRWV-USDT0.0000%8h84.390−0.004%$1K$4.2M10xas long as short
HTX CRWV-USDT0.0000%8h84.470+0.091%$132K$14K20xas long as short
QFEX CRWV-USDshort+0.0012%1h84.440+0.056%$1.3M$2.4M10x
Lighter CRWV+0.0032%1h84.400+0.008%$102K$48K10xas long as short
Lighter RH CRWV+0.0032%1h84.450+0.068%$404K$402K10xas long as short
Arcus CRWV-USD+0.0040%1h84.400+0.008%$63K$78K10xas long as short
Vest CRWV-USD-PERP+0.0046%1h84.410+0.020%$177K10xas long as short
Polymarket Perps CRWV-USDlong+0.0050%1h84.393long leg$75K$305K10x
Ondo Perps CRWV-USD.P+0.0050%1h84.420+0.032%$309K$164K10xas long as short
Phoenix CRWV+0.0095%1h84.450+0.068%$2K$41K10xas long as short
KuCoin CRWVUSDTM+0.0100%8h84.390−0.004%$354K$568K20xas long as short
tradeXYZ xyz:CRWV+0.0170%1h84.454+0.072%$9.2M$8.3M10xas long as short
edgeX CRWVUSDC+0.0987%4h84.438+0.054%$87K$203K10xas long as short