CRWV

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC+0.0270%/8h= +29.6% APRnext payment +$0.34 per $10,000 · paid last 24h +0.021%

Price spread now: Arcus against Phoenix−0.023%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Phoenix Short on Arcus

What this pair did over the last

the charts below follow

Funding, last 3 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

Funding pays, the price is against you. Arcus is 0.023% cheaper against Phoenix than usual: you would sell low and buy high (spread −0.023% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$2 on $10k: about 7 hours of funding at the current rate (+$8 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Phoenix CRWV	86.340	0.0186	pay 0.0023% / 1h	21m 23s	$1K	$44K	10x
Short	Arcus CRWV-USD	86.320	0.0456	get 0.0057% / 1h	21m 23s	$62K	$76K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Arcus against Phoenix. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee PhoenixbpFee ArcusbpOrdersPrice spread, now −0.023%Rate

Funding earned: $56.7
Price spread: −0.023% → 0.000%: −$2.32
Slippage, 4 orders: no order book: not counted
Fee Phoenix: 3.5 bp × 2 orders: −$7
Fee Arcus: 2.25 bp × 2 orders: −$4.5
Net: $42.88
Costs to cover: 0.115%
Break-even: 1.7 days

Slippage unknown: Phoenix: no order-book sample; Arcus: 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 Phoenix no order-book sample	—	—	—	—	—
Sell Arcus no order-book sample	—	—	—	—	—

Phoenix and 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 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	−0.0024%	8h	86.330	−0.012%	$171K	$69K	20x	as long as short
Aster CRWVUSDT	0.0000%	8h	86.460	+0.139%	$37K	$35K	20x	as long as short
OKX CRWV-USDT-SWAP	0.0000%	8h	86.350	+0.012%	$2.7M	$4.6M	25x	as long as short
Gate CRWV_USDT	0.0000%	8h	86.320	−0.023%	$5.6M	$3.9M	50x	as long as short
Bitget CRWVUSDT	0.0000%	8h	86.300	−0.046%	$2.3M	$2.0M	20x	as long as short
Variational Omni CRWV	0.0000%	8h	86.323	−0.019%	$315K	$391K	—	as long as short
SunX CRWV-USDT	0.0000%	8h	86.250	−0.104%	$2K	$5.3M	10x	as long as short
HTX CRWV-USDT	0.0000%	8h	86.190	−0.174%	$141K	$2K	20x	as long as short
GRVT CRWV_USDT_Perp	+0.0029%	8h	86.212	−0.148%	$2K	$205K	10x	as long as short
Lighter CRWV	+0.0032%	1h	86.400	+0.069%	$105K	$32K	10x	as long as short

Show all 23 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter RH CRWV	+0.0032%	1h	86.360	+0.023%	$424K	$445K	10x	as long as short
QFEX CRWV-USD	+0.0037%	1h	86.310	−0.035%	$1.4M	$3.3M	10x	as long as short
Vest CRWV-USD-PERP	+0.0046%	1h	86.420	+0.093%	—	$156K	10x	as long as short
Extended CRWV-USD	+0.0048%	1h	86.304	−0.042%	$14K	$228K	10x	as long as short
Binance CRWVUSDT	+0.0050%	8h	86.320	−0.023%	$9.7M	$18.1M	25x	as long as short
Ondo Perps CRWV-USD.P	+0.0050%	1h	86.100	−0.278%	$333K	$217K	10x	as long as short
KuCoin CRWVUSDTM	+0.0100%	8h	86.240	−0.116%	$365K	$517K	20x	as long as short
Phoenix CRWVlong	+0.0186%	1h	86.340	long leg	$1K	$44K	10x
Bybit CRWVUSDT	+0.0213%	8h	86.370	+0.035%	$2.2M	$1.2M	25x	as long as short
tradeXYZ xyz:CRWV	+0.0223%	1h	86.325	−0.017%	$9.6M	$7.6M	10x	as long as short
Polymarket Perps CRWV-USD	+0.0333%	1h	86.381	+0.047%	$66K	$198K	10x	as long as short
Arcus CRWV-USDshort	+0.0456%	1h	86.320	−0.023%	$62K	$76K	10x
edgeX CRWVUSDC	+0.0845%	4h	86.202	−0.159%	$89K	$201K	10x	as long as short