Funding you earn now, next payment 04:00 UTC+0.0093%/8h= +10.2% APRpaid last 24h +0.052%
Price spread now: Phoenix against Aster+0.038%75s7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 5 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Phoenix is 0.038% dearer against Aster than usual: you sell high and buy low: +$4 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 75 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 | Aster CRWVUSDT | 85.617 | 0 | get 0.0000% / 8h | 3h 50m | $37K | $33K | 20x |
| Short | Phoenix CRWV | 85.650 | 0.0093 | get 0.0012% / 1h | 50m 10s | $1K | $45K | 10x |
Aster CRWVUSDT
Phoenix CRWVFunding history
latest
Range statsloading…
Price spread between the two exchanges
Phoenix against Aster. 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
- $19.63
- Price spread: +0.038% → 0.000%
- $3.81
- Slippage, 4 orders
- no order book: not counted
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Net
- $8.45
- Costs to cover
- 0.150%
- Break-even
- 4.0 days
Slippage unknown: Aster: 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 Aster no order-book sample | — | — | — | — | — |
| Sell Phoenix no order-book sample | — | — | — | — | — |
Aster 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 CRWVUSDTlong | 0.0000% | 8h | 85.617 | long leg | $37K | $33K | 20x | |
| Extended CRWV-USD | 0.0000% | 1h | 85.456 | −0.189% | $19K | $301K | 10x | as long as short |
| Binance CRWVUSDT | 0.0000% | 8h | 85.474 | −0.168% | $9.4M | $17.2M | 25x | as long as short |
| OKX CRWV-USDT-SWAP | 0.0000% | 8h | 85.510 | −0.125% | $2.5M | $4.8M | 25x | as long as short |
| Gate CRWV_USDT | 0.0000% | 8h | 85.500 | −0.137% | $5.4M | $3.6M | 50x | as long as short |
| Bitget CRWVUSDT | 0.0000% | 8h | 85.520 | −0.114% | $1.9M | $2.1M | 20x | as long as short |
| Variational Omni CRWV | 0.0000% | 8h | 85.600 | −0.020% | $312K | $299K | — | as long as short |
| GRVT CRWV_USDT_Perp | 0.0000% | 8h | 85.630 | +0.015% | $2K | $192K | 10x | as long as short |
| SunX CRWV-USDT | 0.0000% | 8h | 85.410 | −0.242% | $1K | $4.5M | 10x | as long as short |
| HTX CRWV-USDT | 0.0000% | 8h | 85.640 | +0.026% | $140K | $2K | 20x | as long as short |
Extended CRWV-USD
Binance CRWVUSDT
OKX CRWV-USDT-SWAP
Gate CRWV_USDT
Bitget CRWVUSDT
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 | |
|---|---|---|---|---|---|---|---|---|
| QFEX CRWV-USD | +0.0025% | 1h | 85.490 | −0.149% | $1.3M | $2.5M | 10x | as long as short |
| BloFin CRWV-USDT | +0.0025% | 8h | 85.610 | −0.009% | $162K | $67K | 20x | as long as short |
| Lighter CRWV | +0.0032% | 1h | 85.550 | −0.079% | $102K | $29K | 10x | as long as short |
| Lighter RH CRWV | +0.0032% | 1h | 85.470 | −0.172% | $415K | $354K | 10x | as long as short |
| Arcus CRWV-USD | +0.0040% | 1h | 85.570 | −0.055% | $64K | $78K | 10x | as long as short |
| Vest CRWV-USD-PERP | +0.0046% | 1h | 85.540 | −0.090% | — | $156K | 10x | as long as short |
| tradeXYZ xyz:CRWV | +0.0050% | 1h | 85.461 | −0.183% | $9.4M | $8.0M | 10x | as long as short |
| Polymarket Perps CRWV-USD | +0.0050% | 1h | 85.469 | −0.173% | $82K | $293K | 10x | as long as short |
| Ondo Perps CRWV-USD.P | +0.0050% | 1h | 85.420 | −0.230% | $322K | $147K | 10x | as long as short |
| Phoenix CRWVshort | +0.0093% | 1h | 85.650 | +0.038% | $1K | $45K | 10x | |
| KuCoin CRWVUSDTM | +0.0100% | 8h | 85.460 | −0.184% | $362K | $516K | 20x | as long as short |
| Bybit CRWVUSDT | +0.0124% | 8h | 85.520 | −0.114% | $2.2M | $1.1M | 25x | as long as short |
| edgeX CRWVUSDC | +0.0928% | 4h | 85.611 | −0.007% | $88K | $203K | 10x | as long as short |
QFEX CRWV-USD
BloFin CRWV-USDT
Lighter CRWV
Lighter RH CRWV
Arcus CRWV-USD
Vest CRWV-USD-PERP
tradeXYZ xyz:CRWV
Polymarket Perps CRWV-USD
Ondo Perps CRWV-USD.P
KuCoin CRWVUSDTM
Bybit CRWVUSDT
edgeX CRWVUSDC