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

CRWV

RWAall CRWV markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC+0.0168%/8h= +18.4% APRnext payment +$0.21 per $10,000 · paid last 24h +0.039%
Price spread now: Phoenix against QFEX0.000%52s7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$5 a day on $10k at the current rate. The two prices were read 52 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongQFEX CRWV-USD84.6100.0021pay 0.0003% / 1h45m 56s$1.3M$2.5M10x
ShortPhoenix CRWV84.6100.0189get 0.0024% / 1h45m 56s$1K$45K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Phoenix against QFEX. 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
$35.31
Price spread: 0.000% → 0.000%
$0
Slippage, 4 orders
no order book: not counted
Fee QFEX: 5 bp × 2 orders
−$10
Fee Phoenix: 3.5 bp × 2 orders
−$7
Net
$18.31
Costs to cover
0.170%
Break-even
3.4 days
Slippage unknown: QFEX: live order book, 7 min ago; Phoenix: 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
LegHalf-spread$10k$100k$1M$5M
Buy QFEX live order book, 7 min ago1.77 bp9.1 bp −$913.4 bp −$134doesn't fitdoesn't fit
Sell Phoenix no order-book sample
Phoenix: 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget CRWVUSDT−0.0436%8h84.660+0.059%$1.8M$1.9M20xas long as short
Gate CRWV_USDT−0.0124%8h84.640+0.035%$5.4M$3.8M50xas long as short
Aster CRWVUSDT0.0000%8h84.726+0.137%$37K$33K20xas long as short
Extended CRWV-USD0.0000%1h84.582−0.033%$15K$246K10xas long as short
Binance CRWVUSDT0.0000%8h84.6100.000%$9.3M$17.7M25xas long as short
OKX CRWV-USDT-SWAP0.0000%8h84.600−0.012%$2.3M$5.2M25xas long as short
Variational Omni CRWV0.0000%8h84.635+0.030%$305K$285Kas long as short
GRVT CRWV_USDT_Perp0.0000%8h84.739+0.153%$2K$192K10xas long as short
SunX CRWV-USDT0.0000%8h84.6100.000%$1K$4.4M10xas long as short
HTX CRWV-USDT0.0000%8h84.700+0.106%$138K$2K20xas long as short
Show all 23 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
QFEX CRWV-USDlong+0.0021%1h84.610long leg$1.3M$2.5M10x
BloFin CRWV-USDT+0.0027%8h84.640+0.035%$156K$67K20xas long as short
Lighter CRWV+0.0032%1h84.590−0.024%$96K$35K10xas long as short
Lighter RH CRWV+0.0032%1h84.590−0.024%$405K$371K10xas long as short
Arcus CRWV-USD+0.0040%1h84.6100.000%$63K$79K10xas long as short
Vest CRWV-USD-PERP+0.0046%1h84.620+0.012%$176K10xas long as short
Polymarket Perps CRWV-USD+0.0050%1h84.601−0.011%$80K$307K10xas long as short
Ondo Perps CRWV-USD.P+0.0050%1h84.530−0.095%$311K$158K10xas long as short
tradeXYZ xyz:CRWV+0.0066%1h84.573−0.044%$9.2M$8.2M10xas long as short
Bybit CRWVUSDT+0.0069%8h84.650+0.047%$2.1M$1.1M25xas long as short
KuCoin CRWVUSDTM+0.0100%8h84.580−0.035%$357K$538K20xas long as short
Phoenix CRWVshort+0.0189%1h84.6100.000%$1K$45K10x
edgeX CRWVUSDC+0.0589%4h84.679+0.081%$87K$203K10xas long as short