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: Ondo Perps against QFEX−0.035%7-day average −0.079% · you buy dearer than you sell
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 for this trade now. Funding pays +$1 a day on $10k at the current rate, and Ondo Perps is 0.044% dearer against QFEX than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of −0.079%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | QFEX CRWV-USD | 85.870 | 0.0032 | pay 0.0004% / 1h | 24m 53s | $1.3M | $2.7M | 10x |
| Short | Ondo Perps CRWV-USD.P | 85.840 | 0.0050 | get 0.0006% / 1h | 24m 53s | $329K | $136K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Ondo Perps 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
- $3.8
- Price spread: −0.035% → −0.079%
- $4.38
- Slippage, 4 orders
- no order book: not counted
- Fee QFEX: 5 bp × 2 orders
- −$10
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Net
- −$6.82
- Costs to cover
- 0.150%
- Break-even
- 19.6 days
Slippage unknown: QFEX: live order book, 3 min ago; Ondo Perps: no order-book sample. 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 QFEX live order book, 3 min ago | 2.33 bp | 9.6 bp −$10 | 13.3 bp −$133 | doesn't fit | doesn't fit |
| Sell Ondo Perps no order-book sample | — | — | — | — | — |
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 | +0.082% | $166K | $67K | 20x | as long as short |
| Aster CRWVUSDT | 0.0000% | 8h | 86.024 | +0.180% | $37K | $35K | 20x | as long as short |
| OKX CRWV-USDT-SWAP | 0.0000% | 8h | 85.910 | +0.047% | $2.5M | $4.8M | 25x | as long as short |
| Gate CRWV_USDT | 0.0000% | 8h | 85.950 | +0.093% | $5.5M | $3.9M | 50x | as long as short |
| Bitget CRWVUSDT | 0.0000% | 8h | 85.900 | +0.035% | $2.0M | $2.0M | 20x | as long as short |
| Variational Omni CRWV | 0.0000% | 8h | 85.892 | +0.026% | $313K | $300K | — | as long as short |
| GRVT CRWV_USDT_Perp | 0.0000% | 8h | 85.920 | +0.058% | $2K | $190K | 10x | as long as short |
| SunX CRWV-USDT | 0.0000% | 8h | 85.820 | −0.058% | $1K | $4.6M | 10x | as long as short |
| HTX CRWV-USDT | 0.0000% | 8h | 85.950 | +0.093% | $140K | $2K | 20x | as long as short |
| Lighter CRWV | +0.0032% | 1h | 85.950 | +0.093% | $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 | +0.035% | $418K | $352K | 10x | as long as short |
| QFEX CRWV-USDlong | +0.0032% | 1h | 85.870 | long leg | $1.3M | $2.7M | 10x | |
| Arcus CRWV-USD | +0.0040% | 1h | 85.880 | +0.012% | $64K | $79K | 10x | as long as short |
| Vest CRWV-USD-PERP | +0.0046% | 1h | 85.940 | +0.082% | — | $156K | 10x | as long as short |
| Ondo Perps CRWV-USD.Pshort | +0.0050% | 1h | 85.840 | −0.035% | $329K | $136K | 10x | |
| tradeXYZ xyz:CRWV | +0.0053% | 1h | 85.864 | −0.007% | $9.7M | $8.2M | 10x | as long as short |
| Extended CRWV-USD | +0.0072% | 1h | 85.888 | +0.021% | $14K | $304K | 10x | as long as short |
| Binance CRWVUSDT | +0.0073% | 8h | 85.910 | +0.046% | $9.6M | $17.0M | 25x | as long as short |
| KuCoin CRWVUSDTM | +0.0100% | 8h | 85.860 | −0.012% | $363K | $528K | 20x | as long as short |
| Polymarket Perps CRWV-USD | +0.0164% | 1h | 85.937 | +0.078% | $85K | $289K | 10x | as long as short |
| Phoenix CRWV | +0.0187% | 1h | 85.860 | −0.012% | $1K | $46K | 10x | as long as short |
| Bybit CRWVUSDT | +0.0223% | 8h | 85.920 | +0.058% | $2.2M | $1.1M | 25x | as long as short |
| edgeX CRWVUSDC | +0.0453% | 4h | 85.892 | +0.025% | $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