Funding you earn now, next payment 02:00 UTC+0.0087%/8h= +9.5% APRpaid last 24h +0.020%
Price spread now: Phoenix against KuCoin+0.070%108s7-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
=Together, before fees—needs both histories
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Phoenix is 0.070% dearer against KuCoin than usual: you sell high and buy low: +$7 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 108 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 | KuCoin CRWVUSDTM | 85.870 | 0.0100 | pay 0.0100% / 8h | 5h 27m | $363K | $528K | 20x |
| Short | Phoenix CRWV | 85.930 | 0.0187 | get 0.0023% / 1h | 27m 35s | $1K | $46K | 10x |
KuCoin CRWVUSDTM
Phoenix CRWVFunding history
latest
Range statsloading…
Price spread between the two exchanges
Phoenix against KuCoin. 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
- $18.23
- Price spread: +0.070% → 0.000%
- $6.99
- Slippage, 4 orders
- no order book: not counted
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Net
- $6.22
- Costs to cover
- 0.190%
- Break-even
- 4.6 days
Slippage unknown: KuCoin: live order book, 70 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 KuCoin live order book, 70 min ago | 9.91 bp | 120.2 bp −$120 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin CRWV-USDT | −0.0030% | 8h | 85.930 | +0.070% | $166K | $67K | 20x | as long as short |
| Aster CRWVUSDT | 0.0000% | 8h | 86.041 | +0.199% | $37K | $35K | 20x | as long as short |
| OKX CRWV-USDT-SWAP | 0.0000% | 8h | 85.910 | +0.047% | $2.5M | $4.8M | 25x | as long as short |
| Gate CRWV_USDT | 0.0000% | 8h | 85.930 | +0.070% | $5.5M | $3.9M | 50x | as long as short |
| Bitget CRWVUSDT | 0.0000% | 8h | 85.900 | +0.035% | $2.0M | $2.0M | 20x | as long as short |
| GRVT CRWV_USDT_Perp | 0.0000% | 8h | 85.931 | +0.071% | $2K | $190K | 10x | as long as short |
| SunX CRWV-USDT | 0.0000% | 8h | 85.840 | −0.035% | $2K | $4.6M | 10x | as long as short |
| HTX CRWV-USDT | 0.0000% | 8h | 86.000 | +0.151% | $141K | $2K | 20x | as long as short |
| Variational Omni CRWV | +0.0004% | 8h | 85.932 | +0.073% | $314K | $300K | — | as long as short |
| Lighter CRWV | +0.0032% | 1h | 85.970 | +0.116% | $103K | $30K | 10x | as long as short |
BloFin CRWV-USDT
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 CRWVShow all 23 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter RH CRWV | +0.0032% | 1h | 85.910 | +0.047% | $418K | $352K | 10x | as long as short |
| QFEX CRWV-USD | +0.0032% | 1h | 85.880 | +0.012% | $1.3M | $2.7M | 10x | as long as short |
| Arcus CRWV-USD | +0.0040% | 1h | 85.900 | +0.035% | $64K | $79K | 10x | as long as short |
| Vest CRWV-USD-PERP | +0.0046% | 1h | 86.010 | +0.163% | — | $156K | 10x | as long as short |
| Ondo Perps CRWV-USD.P | +0.0050% | 1h | 85.840 | −0.035% | $329K | $136K | 10x | as long as short |
| tradeXYZ xyz:CRWV | +0.0060% | 1h | 85.876 | +0.007% | $9.7M | $8.2M | 10x | as long as short |
| Binance CRWVUSDT | +0.0078% | 8h | 85.902 | +0.038% | $9.6M | $17.1M | 25x | as long as short |
| Extended CRWV-USD | +0.0080% | 1h | 85.877 | +0.008% | $14K | $306K | 10x | as long as short |
| KuCoin CRWVUSDTMlong | +0.0100% | 8h | 85.870 | long leg | $363K | $528K | 20x | |
| Polymarket Perps CRWV-USD | +0.0157% | 1h | 85.953 | +0.097% | $85K | $289K | 10x | as long as short |
| Phoenix CRWVshort | +0.0187% | 1h | 85.930 | +0.070% | $1K | $46K | 10x | |
| Bybit CRWVUSDT | +0.0236% | 8h | 85.940 | +0.082% | $2.2M | $1.1M | 25x | as long as short |
| edgeX CRWVUSDC | +0.0755% | 4h | 85.951 | +0.094% | $89K | $203K | 10x | as long as short |
Lighter RH CRWV
QFEX CRWV-USD
Arcus CRWV-USD
Vest CRWV-USD-PERP
Ondo Perps CRWV-USD.P
tradeXYZ xyz:CRWV
Binance CRWVUSDT
Extended CRWV-USD
Polymarket Perps CRWV-USD
Bybit CRWVUSDT
edgeX CRWVUSDC