Funding you earn now, next payment 05:00 UTC−0.0741%/8h= −81.1% APRpaid last 24h −0.116%
Price spread now: Phoenix against edgeX−0.058%7-day average — · you buy dearer than you sell
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 against this trade now: funding costs −$22 a day on $10k at the current rate, and Phoenix is 0.058% cheaper against edgeX than usual: you would sell low and buy high (−$6 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | edgeX CRWVUSDC | 84.089 | 0.0930 | pay 0.0465% / 4h | 2h 30m | $87K | $204K | 10x |
| Short | Phoenix CRWV | 84.040 | 0.0189 | get 0.0024% / 1h | 30m 07s | $1K | $45K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Phoenix against edgeX. 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
- −$155.62
- Price spread: −0.058% → 0.000%
- −$5.78
- Slippage, 4 orders
- no order book: not counted
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Net
- −$177.4
- Costs to cover
- 0.160%
- Break-even
- never at this rate
Slippage unknown: edgeX: live order book, 17 min ago; 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 edgeX live order book, 17 min ago | 6.50 bp | 12.6 bp −$13 | 42.5 bp −$425 | doesn't fit | doesn't fit |
| Sell Phoenix no order-book sample | — | — | — | — | — |
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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget CRWVUSDT | −0.0699% | 8h | 84.180 | +0.109% | $1.8M | $1.9M | 20x | as long as short |
| Gate CRWV_USDT | −0.0166% | 8h | 84.150 | +0.073% | $5.3M | $3.9M | 50x | as long as short |
| BloFin CRWV-USDT | −0.0010% | 8h | 84.090 | +0.002% | $111K | $66K | 20x | as long as short |
| Aster CRWVUSDT | 0.0000% | 8h | 84.160 | +0.084% | $36K | $34K | 20x | as long as short |
| Extended CRWV-USD | 0.0000% | 1h | 84.093 | +0.005% | $15K | $241K | 10x | as long as short |
| Binance CRWVUSDT | 0.0000% | 8h | 84.100 | +0.014% | $9.2M | $17.8M | 25x | as long as short |
| OKX CRWV-USDT-SWAP | 0.0000% | 8h | 84.120 | +0.037% | $2.3M | $5.2M | 25x | as long as short |
| Variational Omni CRWV | 0.0000% | 8h | 83.997 | −0.109% | $302K | $286K | — | as long as short |
| GRVT CRWV_USDT_Perp | 0.0000% | 8h | 84.078 | −0.012% | $2K | $192K | 10x | as long as short |
| SunX CRWV-USDT | 0.0000% | 8h | 84.090 | +0.002% | $1K | $4.4M | 10x | as long as short |
Show all 23 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX CRWV-USDT | 0.0000% | 8h | 84.060 | −0.034% | $136K | $6K | 20x | as long as short |
| QFEX CRWV-USD | +0.0021% | 1h | 84.080 | −0.010% | $1.3M | $2.5M | 10x | as long as short |
| Lighter CRWV | +0.0032% | 1h | 84.060 | −0.034% | $95K | $35K | 10x | as long as short |
| Lighter RH CRWV | +0.0032% | 1h | 84.060 | −0.034% | $399K | $378K | 10x | as long as short |
| Arcus CRWV-USD | +0.0040% | 1h | 84.040 | −0.058% | $63K | $79K | 10x | as long as short |
| Vest CRWV-USD-PERP | +0.0046% | 1h | 84.010 | −0.093% | — | $177K | 10x | as long as short |
| tradeXYZ xyz:CRWV | +0.0050% | 1h | 84.084 | −0.005% | $9.1M | $8.2M | 10x | as long as short |
| Polymarket Perps CRWV-USD | +0.0050% | 1h | 84.058 | −0.036% | $75K | $312K | 10x | as long as short |
| Ondo Perps CRWV-USD.P | +0.0050% | 1h | 84.050 | −0.046% | $309K | $158K | 10x | as long as short |
| Bybit CRWVUSDT | +0.0053% | 8h | 84.140 | +0.061% | $2.0M | $1.2M | 25x | as long as short |
| KuCoin CRWVUSDTM | +0.0100% | 8h | 84.040 | −0.058% | $355K | $547K | 20x | as long as short |
| Phoenix CRWVshort | +0.0189% | 1h | 84.040 | −0.058% | $1K | $45K | 10x | |
| edgeX CRWVUSDClong | +0.0930% | 4h | 84.089 | long leg | $87K | $204K | 10x |
edgeX CRWVUSDC
Phoenix CRWV
Bitget CRWVUSDT
Gate CRWV_USDT
BloFin CRWV-USDT
Aster CRWVUSDT
Extended CRWV-USD
Binance CRWVUSDT
OKX CRWV-USDT-SWAP
Variational Omni CRWV
GRVT CRWV_USDT_Perp
SunX CRWV-USDT
HTX CRWV-USDT
Lighter CRWV
Lighter RH CRWV
tradeXYZ xyz:CRWV
Polymarket Perps CRWV-USD
Bybit CRWVUSDT
KuCoin CRWVUSDTM