Funding you earn now, next payment 05:00 UTC−0.0036%/8h= −4.0% APRpaid last 24h −0.077%
Price spread now: Ondo Perps against Bybit−0.224%47s7-day average −0.107% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.175%−$18 on $10k
+Price spread, last 4 days (all we have)+0.278%+$28 · spread now −0.224%, 7d avg −0.107%
=Together, before fees+0.103%+ 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 Ondo Perps is 0.117% cheaper against Bybit than usual: you would sell low and buy high (−$12 if the spread goes back to its 7-day average of −0.107%). Swap the legs. The two prices were read 47 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit CRWVUSDT | 84.720 | 0.0087 | pay 0.0087% / 8h | 3h 03m | $2.1M | $1.1M | 25x |
| Short | Ondo Perps CRWV-USD.P | 84.530 | 0.0050 | get 0.0006% / 1h | 3m 53s | $310K | $159K | 10x |
Bybit CRWVUSDT
Ondo Perps CRWV-USD.PFunding history
latest
Range statsloading…
Price spread between the two exchanges
Ondo Perps against Bybit. 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
- −$7.6
- Price spread: −0.224% → −0.107%
- −$11.73
- Slippage, 4 orders
- no order book: not counted
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Net
- −$35.33
- Costs to cover
- 0.160%
- Break-even
- never at this rate
Slippage unknown: Bybit: 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 Bybit live order book, 3 min ago | 2.95 bp | 18.3 bp −$18 | 71.5 bp −$715 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget CRWVUSDT | −0.0298% | 8h | 84.770 | +0.059% | $1.8M | $1.9M | 20x | as long as short |
| Gate CRWV_USDT | −0.0087% | 8h | 84.760 | +0.047% | $5.4M | $3.8M | 50x | as long as short |
| Aster CRWVUSDT | 0.0000% | 8h | 84.879 | +0.188% | $37K | $33K | 20x | as long as short |
| Extended CRWV-USD | 0.0000% | 1h | 84.718 | −0.002% | $15K | $240K | 10x | as long as short |
| Binance CRWVUSDT | 0.0000% | 8h | 84.740 | +0.024% | $9.3M | $17.6M | 25x | as long as short |
| OKX CRWV-USDT-SWAP | 0.0000% | 8h | 84.720 | 0.000% | $2.4M | $5.1M | 25x | as long as short |
| Variational Omni CRWV | 0.0000% | 8h | 84.745 | +0.030% | $305K | $303K | — | as long as short |
| GRVT CRWV_USDT_Perp | 0.0000% | 8h | 84.648 | −0.084% | $2K | $192K | 10x | as long as short |
| SunX CRWV-USDT | 0.0000% | 8h | 84.640 | −0.094% | $1K | $4.4M | 10x | as long as short |
| HTX CRWV-USDT | 0.0000% | 8h | 84.670 | −0.059% | $138K | $2K | 20x | as long as short |
Bitget CRWVUSDT
Gate 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-USDTShow all 23 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin CRWV-USDT | +0.0023% | 8h | 84.670 | −0.059% | $158K | $67K | 20x | as long as short |
| QFEX CRWV-USD | +0.0025% | 1h | 84.690 | −0.035% | $1.3M | $2.5M | 10x | as long as short |
| Lighter CRWV | +0.0032% | 1h | 84.700 | −0.024% | $96K | $37K | 10x | as long as short |
| Lighter RH CRWV | +0.0032% | 1h | 84.710 | −0.012% | $408K | $373K | 10x | as long as short |
| Arcus CRWV-USD | +0.0040% | 1h | 84.620 | −0.118% | $63K | $79K | 10x | as long as short |
| Vest CRWV-USD-PERP | +0.0046% | 1h | 84.670 | −0.059% | — | $176K | 10x | as long as short |
| tradeXYZ xyz:CRWV | +0.0050% | 1h | 84.683 | −0.044% | $9.2M | $8.1M | 10x | as long as short |
| Polymarket Perps CRWV-USD | +0.0050% | 1h | 84.695 | −0.030% | $80K | $306K | 10x | as long as short |
| Ondo Perps CRWV-USD.Pshort | +0.0050% | 1h | 84.530 | −0.224% | $310K | $159K | 10x | |
| Bybit CRWVUSDTlong | +0.0087% | 8h | 84.720 | long leg | $2.1M | $1.1M | 25x | |
| Phoenix CRWV | +0.0093% | 1h | 84.610 | −0.130% | $1K | $45K | 10x | as long as short |
| KuCoin CRWVUSDTM | +0.0100% | 8h | 84.690 | −0.035% | $357K | $528K | 20x | as long as short |
| edgeX CRWVUSDC | +0.0753% | 4h | 84.515 | −0.242% | $87K | $203K | 10x | as long as short |
BloFin CRWV-USDT
QFEX CRWV-USD
Lighter CRWV
Lighter RH CRWV
Arcus CRWV-USD
Vest CRWV-USD-PERP
tradeXYZ xyz:CRWV
Polymarket Perps CRWV-USD
Phoenix CRWV
KuCoin CRWVUSDTM
edgeX CRWVUSDC