Funding you earn now, next payment 03:00 UTC−0.0018%/8h= −1.9% APRnext payment −$0.02 per $10,000 · paid last 24h −0.017%
Price spread now: QFEX against tradeXYZ+0.023%7-day average +0.056% · 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−$38as in the Price arb table
costs, in and out, $10k−$350.351% of the position
Funding, last 4 days (all we have)−0.045%−$5 on $10k
+Price spread, last 7 days+0.055%+$5 · spread now +0.023%, 7d avg +0.056%
=Together, before fees+0.010%+ Points / potential airdroptradeXYZ: Active · farm board+$1 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 QFEX is 0.033% cheaper against tradeXYZ than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of +0.056%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | tradeXYZ xyz:CRWV | 86.080 | 0.0050 | pay 0.0006% / 1h | 0m 21s | $9.7M | $7.9M | 10x |
| Short | QFEX CRWV-USD | 86.100 | 0.0032 | get 0.0004% / 1h | 0m 21s | $1.4M | $2.7M | 10x |
tradeXYZ xyz:CRWV
QFEX CRWV-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
QFEX against tradeXYZ. 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
- −$3.71
- Price spread: +0.023% → +0.056%
- −$3.29
- Slippage, 4 orders
- −$7.06
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Fee QFEX: 5 bp × 2 orders
- −$10
- Net
- −$42.06
- Costs to cover
- 0.351%
- Break-even
- never at this rate
Slippage from tradeXYZ: live order book, 8 min ago; QFEX: 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 tradeXYZ live order book, 8 min ago | 0.47 bp | 9.9 bp −$10 | doesn't fit | doesn't fit | doesn't fit |
| Sell QFEX live order book, 2 min ago | 1.74 bp | 7.9 bp −$8 | 10.8 bp −$108 | 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin CRWV-USDT | −0.0022% | 8h | 86.130 | +0.058% | $166K | $67K | 20x | as long as short |
| Aster CRWVUSDT | 0.0000% | 8h | 86.229 | +0.174% | $37K | $35K | 20x | as long as short |
| OKX CRWV-USDT-SWAP | 0.0000% | 8h | 86.110 | +0.035% | $2.5M | $4.8M | 25x | as long as short |
| Gate CRWV_USDT | 0.0000% | 8h | 86.140 | +0.070% | $5.5M | $3.9M | 50x | as long as short |
| Bitget CRWVUSDT | 0.0000% | 8h | 86.090 | +0.012% | $2.0M | $2.0M | 20x | as long as short |
| Variational Omni CRWV | 0.0000% | 8h | 86.123 | +0.050% | $314K | $299K | — | as long as short |
| GRVT CRWV_USDT_Perp | 0.0000% | 8h | 86.080 | 0.000% | $2K | $192K | 10x | as long as short |
| SunX CRWV-USDT | 0.0000% | 8h | 86.070 | −0.012% | $1K | $4.6M | 10x | as long as short |
| HTX CRWV-USDT | 0.0000% | 8h | 86.170 | +0.105% | $141K | $2K | 20x | as long as short |
| Lighter CRWV | +0.0032% | 1h | 86.160 | +0.093% | $103K | $32K | 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 CRWVShow all 23 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter RH CRWV | +0.0032% | 1h | 86.110 | +0.035% | $419K | $353K | 10x | as long as short |
| Extended CRWV-USD | +0.0032% | 1h | 86.085 | +0.006% | $17K | $307K | 10x | as long as short |
| QFEX CRWV-USDshort | +0.0032% | 1h | 86.100 | +0.023% | $1.4M | $2.7M | 10x | |
| Binance CRWVUSDT | +0.0035% | 8h | 86.110 | +0.035% | $9.6M | $17.0M | 25x | as long as short |
| Arcus CRWV-USD | +0.0040% | 1h | 86.070 | −0.012% | $64K | $79K | 10x | as long as short |
| Vest CRWV-USD-PERP | +0.0046% | 1h | 86.200 | +0.139% | — | $156K | 10x | as long as short |
| tradeXYZ xyz:CRWVlong | +0.0050% | 1h | 86.080 | long leg | $9.7M | $7.9M | 10x | |
| Ondo Perps CRWV-USD.P | +0.0050% | 1h | 85.970 | −0.128% | $330K | $138K | 10x | as long as short |
| KuCoin CRWVUSDTM | +0.0100% | 8h | 86.090 | +0.012% | $364K | $519K | 20x | as long as short |
| Polymarket Perps CRWV-USD | +0.0117% | 1h | 86.103 | +0.027% | $85K | $289K | 10x | as long as short |
| Bybit CRWVUSDT | +0.0158% | 8h | 86.160 | +0.093% | $2.2M | $1.2M | 25x | as long as short |
| Phoenix CRWV | +0.0187% | 1h | 86.070 | −0.012% | $1K | $46K | 10x | as long as short |
| edgeX CRWVUSDC | +0.0898% | 4h | 86.060 | −0.023% | $89K | $203K | 10x | as long as short |
Lighter RH CRWV
Extended CRWV-USD
Binance CRWVUSDT
Arcus CRWV-USD
Vest CRWV-USD-PERP
Ondo Perps CRWV-USD.P
KuCoin CRWVUSDTM
Polymarket Perps CRWV-USD
Bybit CRWVUSDT
Phoenix CRWV
edgeX CRWVUSDC