Funding you earn now, next payment 08:00 UTC−0.0012%/8h= −1.3% APRpaid last 24h +0.081%
Price spread now: Bybit against QFEX+0.083%7-day average +0.042% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$46as in the Price arb table
costs, in and out, $10k−$500.499% of the position
Funding, last 4 days (all we have)+0.189%+$19 on $10k
+Price spread, last 7 days−0.085%−$8 · spread now +0.083%, 7d avg +0.042%
=The price spread pays, funding is against you. Bybit is 0.041% dearer against QFEX than usual: you sell high and buy low (spread +0.083% now, against its 7-day average of +0.042%): +$4 on $10k if it goes back. Holding the pair costs $0 a day in funding at the current rate, which eats that in about 11 days. Mind the row above: over the last 4 days funding on this pair paid +0.189%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | QFEX CRWV-USD | 84.370 | 0.0012 | pay 0.0002% / 1h | 34m 57s | $1.3M | $2.4M | 10x |
| Short | Bybit CRWVUSDT | 84.440 | 0 | get 0.0000% / 8h | 34m 57s | $1.9M | $1.3M | 25x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against QFEX. 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
- −$2.54
- Price spread: +0.083% → +0.042%
- $4.11
- Slippage, 4 orders
- −$28.87
- Fee QFEX: 5 bp × 2 orders
- −$10
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$48.3
- Costs to cover
- 0.499%
- Break-even
- never at this rate
Slippage from QFEX: live order book, 2 min ago; Bybit: live order book, 2 min ago.
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 QFEX live order book, 2 min ago | 1.78 bp | 6.8 bp −$7 | 9.7 bp −$97 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 2 min ago | 2.96 bp | 15.9 bp −$16 | 150.1 bp −$1,501 | doesn't fit | doesn't fit |
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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget CRWVUSDT | −0.0504% | 8h | 84.450 | +0.095% | $1.8M | $2.0M | 20x | as long as short |
| Gate CRWV_USDT | −0.0389% | 8h | 84.440 | +0.083% | $5.2M | $4.2M | 50x | as long as short |
| BloFin CRWV-USDT | −0.0016% | 8h | 84.440 | +0.083% | $153K | $65K | 20x | as long as short |
| Aster CRWVUSDT | 0.0000% | 8h | 84.408 | +0.046% | $37K | $34K | 20x | as long as short |
| Extended CRWV-USD | 0.0000% | 1h | 84.412 | +0.049% | $15K | $262K | 10x | as long as short |
| Binance CRWVUSDT | 0.0000% | 8h | 84.435 | +0.077% | $9.1M | $18.1M | 25x | as long as short |
| Bybit CRWVUSDTshort | 0.0000% | 8h | 84.440 | +0.083% | $1.9M | $1.3M | 25x | |
| OKX CRWV-USDT-SWAP | 0.0000% | 8h | 84.410 | +0.047% | $2.3M | $5.3M | 25x | as long as short |
| Variational Omni CRWV | 0.0000% | 8h | 84.384 | +0.016% | $304K | $275K | — | as long as short |
| GRVT CRWV_USDT_Perp | 0.0000% | 8h | 84.480 | +0.130% | $2K | $190K | 10x | as long as short |
Show all 23 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SunX CRWV-USDT | 0.0000% | 8h | 84.330 | −0.047% | $2K | $4.2M | 10x | as long as short |
| HTX CRWV-USDT | 0.0000% | 8h | 84.470 | +0.119% | $132K | $14K | 20x | as long as short |
| QFEX CRWV-USDlong | +0.0012% | 1h | 84.370 | long leg | $1.3M | $2.4M | 10x | |
| Lighter CRWV | +0.0032% | 1h | 84.360 | −0.012% | $102K | $48K | 10x | as long as short |
| Lighter RH CRWV | +0.0032% | 1h | 84.420 | +0.059% | $404K | $402K | 10x | as long as short |
| Arcus CRWV-USD | +0.0040% | 1h | 84.390 | +0.024% | $63K | $78K | 10x | as long as short |
| Vest CRWV-USD-PERP | +0.0046% | 1h | 84.380 | +0.012% | — | $177K | 10x | as long as short |
| Polymarket Perps CRWV-USD | +0.0050% | 1h | 84.357 | −0.015% | $75K | $305K | 10x | as long as short |
| Ondo Perps CRWV-USD.P | +0.0050% | 1h | 84.270 | −0.119% | $309K | $164K | 10x | as long as short |
| Phoenix CRWV | +0.0095% | 1h | 84.450 | +0.095% | $2K | $41K | 10x | as long as short |
| KuCoin CRWVUSDTM | +0.0100% | 8h | 84.350 | −0.024% | $354K | $569K | 20x | as long as short |
| tradeXYZ xyz:CRWV | +0.0148% | 1h | 84.424 | +0.064% | $9.2M | $8.3M | 10x | as long as short |
| edgeX CRWVUSDC | +0.0987% | 4h | 84.438 | +0.081% | $87K | $203K | 10x | as long as short |
Bybit CRWVUSDT
Bitget CRWVUSDT
Gate CRWV_USDT
BloFin CRWV-USDT
Aster CRWVUSDT
Extended CRWV-USD
Binance CRWVUSDT
OKX CRWV-USDT-SWAP
Variational Omni CRWV
GRVT CRWV_USDT_Perp
SunX CRWV-USDT
HTX CRWV-USDT
Lighter CRWV
Lighter RH CRWV
Polymarket Perps CRWV-USD
Phoenix CRWV
KuCoin CRWVUSDTM
tradeXYZ xyz:CRWV
edgeX CRWVUSDC