Funding you earn now, next payment 06:00 UTC+0.0140%/8h= +15.3% APRnext payment +$0.17 per $10,000 · paid last 24h +0.037%
Price spread now: Phoenix against Ondo Perps−0.083%48s7-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
=Together, before fees—+ Points / potential airdropOndo Perps: Active · farm boardneeds both histories
Funding pays, the price is against you. Phoenix is 0.083% cheaper against Ondo Perps than usual: you would sell low and buy high (spread −0.083% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$8 on $10k: about 48 hours of funding at the current rate (+$4 a day). The two prices were read 48 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 | Ondo Perps CRWV-USD.P | 84.130 | 0.0050 | pay 0.0006% / 1h | 45m 38s | $307K | $162K | 10x |
| Short | Phoenix CRWV | 84.060 | 0.0190 | get 0.0024% / 1h | 45m 38s | $2K | $44K | 10x |
Ondo Perps CRWV-USD.P
Phoenix CRWVFunding history
latest
Range statsloading…
Price spread between the two exchanges
Phoenix against Ondo Perps. 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
- $29.3
- Price spread: −0.083% → 0.000%
- −$8.32
- Slippage, 4 orders
- no order book: not counted
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Net
- $8.98
- Costs to cover
- 0.120%
- Break-even
- 4.9 days
Slippage unknown: Ondo Perps: 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 Ondo Perps no order-book sample | — | — | — | — | — |
| Sell Phoenix no order-book sample | — | — | — | — | — |
Ondo Perps 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget CRWVUSDT | −0.0836% | 8h | 84.010 | −0.143% | $1.8M | $2.0M | 20x | as long as short |
| Gate CRWV_USDT | −0.0257% | 8h | 83.930 | −0.238% | $5.3M | $4.1M | 50x | as long as short |
| Aster CRWVUSDT | 0.0000% | 8h | 84.016 | −0.135% | $36K | $34K | 20x | as long as short |
| Extended CRWV-USD | 0.0000% | 1h | 83.932 | −0.235% | $15K | $241K | 10x | as long as short |
| Binance CRWVUSDT | 0.0000% | 8h | 83.954 | −0.210% | $9.1M | $18.1M | 25x | as long as short |
| Bybit CRWVUSDT | 0.0000% | 8h | 83.940 | −0.226% | $1.9M | $1.3M | 25x | as long as short |
| OKX CRWV-USDT-SWAP | 0.0000% | 8h | 83.910 | −0.262% | $2.3M | $5.3M | 25x | as long as short |
| Variational Omni CRWV | 0.0000% | 8h | 83.980 | −0.178% | $302K | $286K | — | as long as short |
| GRVT CRWV_USDT_Perp | 0.0000% | 8h | 84.106 | −0.028% | $2K | $191K | 10x | as long as short |
| SunX CRWV-USDT | 0.0000% | 8h | 83.940 | −0.226% | $2K | $4.4M | 10x | as long as short |
Bitget CRWVUSDT
Gate CRWV_USDT
Aster CRWVUSDT
Extended CRWV-USD
Binance CRWVUSDT
Bybit CRWVUSDT
OKX CRWV-USDT-SWAP
Variational Omni CRWV
GRVT CRWV_USDT_Perp
SunX CRWV-USDTShow all 23 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX CRWV-USDT | 0.0000% | 8h | 84.150 | +0.024% | $136K | $6K | 20x | as long as short |
| QFEX CRWV-USD | +0.0021% | 1h | 83.950 | −0.214% | $1.4M | $2.5M | 10x | as long as short |
| BloFin CRWV-USDT | +0.0030% | 8h | 84.110 | −0.024% | $154K | $66K | 20x | as long as short |
| Lighter CRWV | +0.0032% | 1h | 83.930 | −0.238% | $95K | $32K | 10x | as long as short |
| Lighter RH CRWV | +0.0032% | 1h | 83.920 | −0.250% | $396K | $384K | 10x | as long as short |
| Arcus CRWV-USD | +0.0040% | 1h | 84.000 | −0.155% | $63K | $78K | 10x | as long as short |
| Vest CRWV-USD-PERP | +0.0046% | 1h | 83.970 | −0.190% | — | $177K | 10x | as long as short |
| Polymarket Perps CRWV-USD | +0.0050% | 1h | 83.951 | −0.213% | $75K | $313K | 10x | as long as short |
| Ondo Perps CRWV-USD.Plong | +0.0050% | 1h | 84.130 | long leg | $307K | $162K | 10x | |
| tradeXYZ xyz:CRWV | +0.0062% | 1h | 83.915 | −0.256% | $9.0M | $8.2M | 10x | as long as short |
| edgeX CRWVUSDC | +0.0078% | 4h | 84.024 | −0.126% | $86K | $204K | 10x | as long as short |
| KuCoin CRWVUSDTM | +0.0100% | 8h | 83.960 | −0.202% | $353K | $562K | 20x | as long as short |
| Phoenix CRWVshort | +0.0190% | 1h | 84.060 | −0.083% | $2K | $44K | 10x |
HTX CRWV-USDT
QFEX CRWV-USD
BloFin CRWV-USDT
Lighter CRWV
Lighter RH CRWV
Arcus CRWV-USD
Vest CRWV-USD-PERP
Polymarket Perps CRWV-USD
tradeXYZ xyz:CRWV
edgeX CRWVUSDC
KuCoin CRWVUSDTM