CRWV

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC−0.0361%/8h= −39.5% APRnext payment −$0.45 per $10,000 · paid last 24h −0.011%

Price spread now: Phoenix against Arcus+0.047%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Arcus Short on Phoenix

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

The price spread pays, funding is against you. Phoenix is 0.047% dearer against Arcus than usual: you sell high and buy low (spread +0.047% now, against zero (this spread has no 7-day history yet)): +$5 on $10k if it goes back. Holding the pair costs −$11 a day in funding at the current rate, which eats that in about 10 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Arcus CRWV-USD	85.780	0.0548	pay 0.0068% / 1h	13m 32s	$61K	$76K	10x
Short	Phoenix CRWV	85.820	0.0187	get 0.0023% / 1h	13m 32s	$1K	$44K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Phoenix against Arcus. 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

Position, each leg$Hold fordaysFee ArcusbpFee PhoenixbpOrdersPrice spread, now +0.047%Rate

Funding earned: −$75.8
Price spread: +0.047% → 0.000%: $4.66
Slippage, 4 orders: no order book: not counted
Fee Arcus: 2.25 bp × 2 orders: −$4.5
Fee Phoenix: 3.5 bp × 2 orders: −$7
Net: −$82.63
Costs to cover: 0.115%
Break-even: never at this rate

Slippage unknown: Arcus: no order-book sample; 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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Arcus no order-book sample	—	—	—	—	—
Sell Phoenix no order-book sample	—	—	—	—	—

Arcus and 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.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster CRWVUSDT	0.0000%	8h	85.813	+0.038%	$37K	$35K	20x	as long as short
Extended CRWV-USD	0.0000%	1h	85.763	−0.019%	$14K	$228K	10x	as long as short
Binance CRWVUSDT	0.0000%	8h	85.787	+0.008%	$9.7M	$18.4M	25x	as long as short
OKX CRWV-USDT-SWAP	0.0000%	8h	85.830	+0.058%	$2.7M	$4.6M	25x	as long as short
Gate CRWV_USDT	0.0000%	8h	85.800	+0.023%	$5.5M	$4.0M	50x	as long as short
Bitget CRWVUSDT	0.0000%	8h	85.800	+0.023%	$2.3M	$2.0M	20x	as long as short
Variational Omni CRWV	0.0000%	8h	85.844	+0.075%	$313K	$396K	—	as long as short
GRVT CRWV_USDT_Perp	0.0000%	8h	85.850	+0.082%	$3K	$214K	10x	as long as short
SunX CRWV-USDT	0.0000%	8h	85.660	−0.140%	$2K	$5.4M	10x	as long as short
HTX CRWV-USDT	0.0000%	8h	85.800	+0.023%	$140K	$2K	20x	as long as short

Show all 23 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BloFin CRWV-USDT	+0.0021%	8h	85.780	0.000%	$170K	$68K	20x	as long as short
QFEX CRWV-USD	+0.0026%	1h	85.790	+0.012%	$1.3M	$3.3M	10x	as long as short
Lighter CRWV	+0.0032%	1h	85.860	+0.093%	$104K	$32K	10x	as long as short
Lighter RH CRWV	+0.0032%	1h	85.800	+0.023%	$421K	$454K	10x	as long as short
Vest CRWV-USD-PERP	+0.0046%	1h	85.860	+0.093%	—	$156K	10x	as long as short
Ondo Perps CRWV-USD.P	+0.0050%	1h	85.600	−0.210%	$331K	$215K	10x	as long as short
tradeXYZ xyz:CRWV	+0.0099%	1h	85.749	−0.036%	$9.6M	$7.6M	10x	as long as short
KuCoin CRWVUSDTM	+0.0100%	8h	85.790	+0.012%	$363K	$509K	20x	as long as short
Bybit CRWVUSDT	+0.0157%	8h	85.820	+0.047%	$2.2M	$1.3M	25x	as long as short
edgeX CRWVUSDC	+0.0157%	4h	85.850	+0.082%	$89K	$201K	10x	as long as short
Phoenix CRWVshort	+0.0187%	1h	85.820	+0.047%	$1K	$44K	10x
Polymarket Perps CRWV-USD	+0.0337%	1h	85.815	+0.041%	$65K	$197K	10x	as long as short
Arcus CRWV-USDlong	+0.0548%	1h	85.780	long leg	$61K	$76K	10x