Funding you earn now, next payment 10:00 UTC−0.0050%/8h= −5.5% APRpaid last 24h −0.011%
Price spread now: Variational Omni against Ondo Perps−0.154%7-day average +0.110% · 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)−0.069%−$7 on $10k
+Price spread, last 4 days (all we have)+0.333%+$33 · spread now −0.154%, 7d avg +0.110%
=Together, before fees+0.265%+ Points / potential airdropOndo Perps: Active · Variational Omni: Active · farm board+$26 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Variational Omni is 0.265% cheaper against Ondo Perps than usual: you would sell low and buy high (−$26 if the spread goes back to its 7-day average of +0.110%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Ondo Perps CRWV-USD.P | 84.580 | 0.0050 | pay 0.0006% / 1h | 56m 13s | $311K | $170K | 10x |
| Short | Variational Omni CRWV | 84.449 | 0 | get 0.0000% / 8h | 6h 56m | $297K | $265K | — |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni against Ondo Perps. 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
- −$10.58
- Price spread: −0.154% → +0.110%
- −$26.46
- Slippage, 4 orders
- no order book: not counted
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$42.04
- Costs to cover
- 0.050%
- Break-even
- never at this rate
Slippage unknown: Ondo Perps: no order-book sample; Variational Omni: RFQ quote, 38 min ago. 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 Ondo Perps no order-book sample | — | — | — | — | — |
| Sell Variational Omni RFQ quote, 38 min ago | 3.73 bp | doesn't fit | 27.8 bp −$278 | doesn't fit | doesn't fit |
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 | −0.0053% | 8h | 84.680 | +0.118% | $1.8M | $1.9M | 20x | as long as short |
| BloFin CRWV-USDT | −0.0021% | 8h | 84.440 | −0.166% | $151K | $62K | 20x | as long as short |
| Aster CRWVUSDT | 0.0000% | 8h | 84.520 | −0.071% | $37K | $33K | 20x | as long as short |
| Extended CRWV-USD | 0.0000% | 1h | 84.666 | +0.101% | $14K | $267K | 10x | as long as short |
| Binance CRWVUSDT | 0.0000% | 8h | 84.690 | +0.130% | $9.4M | $19.8M | 25x | as long as short |
| Bybit CRWVUSDT | 0.0000% | 8h | 84.700 | +0.142% | $1.9M | $1.3M | 25x | as long as short |
| OKX CRWV-USDT-SWAP | 0.0000% | 8h | 84.670 | +0.106% | $2.2M | $5.4M | 25x | as long as short |
| Gate CRWV_USDT | 0.0000% | 8h | 84.680 | +0.118% | $5.2M | $4.4M | 50x | as long as short |
| Variational Omni CRWVshort | 0.0000% | 8h | 84.449 | −0.154% | $297K | $265K | — | |
| SunX CRWV-USDT | 0.0000% | 8h | 84.670 | +0.106% | $1K | $4.1M | 10x | as long as short |
Show all 23 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| edgeX CRWVUSDC | 0.0000% | 4h | 84.503 | −0.091% | $87K | $202K | 10x | as long as short |
| Lighter CRWV | +0.0032% | 1h | 84.600 | +0.024% | $102K | $37K | 10x | as long as short |
| Lighter RH CRWV | +0.0032% | 1h | 84.660 | +0.095% | $377K | $444K | 10x | as long as short |
| HTX CRWV-USDT | +0.0033% | 8h | 84.520 | −0.071% | $132K | $15K | 20x | as long as short |
| Arcus CRWV-USD | +0.0040% | 1h | 84.650 | +0.083% | $62K | $61K | 10x | as long as short |
| QFEX CRWV-USD | +0.0045% | 1h | 84.640 | +0.071% | $1.3M | $2.4M | 10x | as long as short |
| Vest CRWV-USD-PERP | +0.0046% | 1h | 84.610 | +0.035% | — | $198K | 10x | as long as short |
| Polymarket Perps CRWV-USD | +0.0050% | 1h | 84.649 | +0.082% | $74K | $237K | 10x | as long as short |
| Ondo Perps CRWV-USD.Plong | +0.0050% | 1h | 84.580 | long leg | $311K | $170K | 10x | |
| KuCoin CRWVUSDTM | +0.0100% | 8h | 84.570 | −0.012% | $354K | $620K | 20x | as long as short |
| GRVT CRWV_USDT_Perp | +0.0149% | 8h | 84.515 | −0.077% | $2K | $177K | 10x | as long as short |
| Phoenix CRWV | +0.0285% | 1h | 84.370 | −0.248% | $2K | $40K | 10x | as long as short |
| tradeXYZ xyz:CRWV | +0.0318% | 1h | 84.650 | +0.083% | $9.1M | $8.8M | 10x | as long as short |
Variational Omni CRWV
Bitget CRWVUSDT
BloFin CRWV-USDT
Aster CRWVUSDT
Extended CRWV-USD
Binance CRWVUSDT
Bybit CRWVUSDT
OKX CRWV-USDT-SWAP
Gate CRWV_USDT
SunX CRWV-USDT
edgeX CRWVUSDC
Lighter CRWV
Lighter RH CRWV
HTX CRWV-USDT
Polymarket Perps CRWV-USD
KuCoin CRWVUSDTM
GRVT CRWV_USDT_Perp
Phoenix CRWV
tradeXYZ xyz:CRWV