Funding you earn now, next payment 03:00 UTC+0.0072%/8h= +7.9% APRnext payment +$0.09 per $10,000 · paid last 24h −0.047%
Price spread now: tradeXYZ against Arcus−0.026%7-day average — · 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)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Funding pays, the price is against you. tradeXYZ is 0.026% cheaper against Arcus than usual: you would sell low and buy high (spread −0.026% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$3 on $10k: about 28 hours of funding at the current rate (+$2 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Arcus CRWV-USD | 85.840 | 0.0040 | pay 0.0005% / 1h | 47m 37s | $64K | $79K | 10x |
| Short | tradeXYZ xyz:CRWV | 85.818 | 0.0113 | get 0.0014% / 1h | 47m 37s | $9.7M | $8.2M | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
tradeXYZ against Arcus. 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
- $15.18
- Price spread: −0.026% → 0.000%
- −$2.56
- Slippage, 4 orders
- no order book: not counted
- Fee Arcus: 2.25 bp × 2 orders
- −$4.5
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Net
- −$9.88
- Costs to cover
- 0.225%
- Break-even
- 11.6 days
Slippage unknown: Arcus: no order-book sample; tradeXYZ: live order book, 11 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 Arcus no order-book sample | — | — | — | — | — |
| Sell tradeXYZ live order book, 11 min ago | 2.62 bp | 13.0 bp −$13 | doesn't fit | doesn't fit | doesn't fit |
Arcus: 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 22 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 | 85.973 | +0.155% | $37K | $35K | 20x | as long as short |
| OKX CRWV-USDT-SWAP | 0.0000% | 8h | 85.850 | +0.012% | $2.6M | $4.6M | 25x | as long as short |
| Gate CRWV_USDT | 0.0000% | 8h | 85.870 | +0.035% | $5.5M | $3.9M | 50x | as long as short |
| Bitget CRWVUSDT | 0.0000% | 8h | 85.860 | +0.023% | $2.1M | $2.0M | 20x | as long as short |
| GRVT CRWV_USDT_Perp | 0.0000% | 8h | 85.935 | +0.110% | $2K | $191K | 10x | as long as short |
| SunX CRWV-USDT | 0.0000% | 8h | 85.760 | −0.093% | $2K | $4.7M | 10x | as long as short |
| HTX CRWV-USDT | 0.0000% | 8h | 85.930 | +0.105% | $140K | $2K | 20x | as long as short |
| Variational Omni CRWV | +0.0024% | 8h | 85.918 | +0.091% | $314K | $309K | — | as long as short |
| Lighter CRWV | +0.0032% | 1h | 85.920 | +0.093% | $104K | $29K | 10x | as long as short |
| Lighter RH CRWV | +0.0032% | 1h | 85.840 | 0.000% | $417K | $352K | 10x | as long as short |
Show all 22 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| QFEX CRWV-USD | +0.0032% | 1h | 85.810 | −0.035% | $1.3M | $2.8M | 10x | as long as short |
| Arcus CRWV-USDlong | +0.0040% | 1h | 85.840 | long leg | $64K | $79K | 10x | |
| Vest CRWV-USD-PERP | +0.0046% | 1h | 85.890 | +0.058% | — | $156K | 10x | as long as short |
| Ondo Perps CRWV-USD.P | +0.0050% | 1h | 85.700 | −0.163% | $331K | $132K | 10x | as long as short |
| Binance CRWVUSDT | +0.0096% | 8h | 85.840 | 0.000% | $9.6M | $17.1M | 25x | as long as short |
| Extended CRWV-USD | +0.0096% | 1h | 85.818 | −0.026% | $14K | $309K | 10x | as long as short |
| KuCoin CRWVUSDTM | +0.0100% | 8h | 85.820 | −0.023% | $363K | $531K | 20x | as long as short |
| tradeXYZ xyz:CRWVshort | +0.0113% | 1h | 85.818 | −0.026% | $9.7M | $8.2M | 10x | |
| Phoenix CRWV | +0.0187% | 1h | 85.920 | +0.093% | $1K | $46K | 10x | as long as short |
| Polymarket Perps CRWV-USD | +0.0219% | 1h | 85.872 | +0.037% | $84K | $289K | 10x | as long as short |
| Bybit CRWVUSDT | +0.0282% | 8h | 85.880 | +0.047% | $2.2M | $1.1M | 25x | as long as short |
| edgeX CRWVUSDC | +0.0702% | 4h | 85.912 | +0.084% | $88K | $202K | 10x | as long as short |
tradeXYZ xyz:CRWV
Aster CRWVUSDT
OKX CRWV-USDT-SWAP
Gate CRWV_USDT
Bitget CRWVUSDT
GRVT CRWV_USDT_Perp
SunX CRWV-USDT
HTX CRWV-USDT
Variational Omni CRWV
Lighter CRWV
Lighter RH CRWV
Binance CRWVUSDT
Extended CRWV-USD
KuCoin CRWVUSDTM
Phoenix CRWV
Polymarket Perps CRWV-USD
Bybit CRWVUSDT
edgeX CRWVUSDC