Funding you earn now, next payment 05:00 UTC−0.0137%/8h= −15.0% APRpaid last 24h +0.041%
Price spread now: Bybit against Phoenix+0.012%45s7-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
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$4 a day on $10k at the current rate. The two prices were read 45 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 | Phoenix CRWV | 84.120 | 0.0189 | pay 0.0024% / 1h | 34m 41s | $1K | $45K | 10x |
| Short | Bybit CRWVUSDT | 84.130 | 0.0052 | get 0.0052% / 8h | 2h 34m | $2.0M | $1.2M | 25x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against Phoenix. 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
- −$28.75
- Price spread: +0.012% → 0.000%
- $1.19
- Slippage, 4 orders
- no order book: not counted
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$45.57
- Costs to cover
- 0.180%
- Break-even
- never at this rate
Slippage unknown: Phoenix: no order-book sample; Bybit: live order book, 7 min ago. 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 Bybit live order book, 7 min ago | 4.15 bp | 19.9 bp −$20 | 69.1 bp −$691 | doesn't fit | doesn't fit |
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 | −0.0612% | 8h | 84.180 | +0.071% | $1.8M | $1.9M | 20x | as long as short |
| Gate CRWV_USDT | −0.0150% | 8h | 84.190 | +0.083% | $5.3M | $3.8M | 50x | as long as short |
| BloFin CRWV-USDT | −0.0011% | 8h | 84.230 | +0.131% | $111K | $66K | 20x | as long as short |
| Aster CRWVUSDT | 0.0000% | 8h | 84.334 | +0.255% | $37K | $33K | 20x | as long as short |
| Extended CRWV-USD | 0.0000% | 1h | 84.152 | +0.039% | $15K | $241K | 10x | as long as short |
| Binance CRWVUSDT | 0.0000% | 8h | 84.121 | +0.001% | $9.2M | $17.8M | 25x | as long as short |
| OKX CRWV-USDT-SWAP | 0.0000% | 8h | 84.150 | +0.036% | $2.3M | $5.2M | 25x | as long as short |
| Variational Omni CRWV | 0.0000% | 8h | 84.202 | +0.097% | $303K | $286K | — | as long as short |
| GRVT CRWV_USDT_Perp | 0.0000% | 8h | 84.270 | +0.178% | $2K | $193K | 10x | as long as short |
| SunX CRWV-USDT | 0.0000% | 8h | 84.170 | +0.059% | $2K | $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 | 84.280 | +0.190% | $138K | $2K | 20x | as long as short |
| QFEX CRWV-USD | +0.0021% | 1h | 84.190 | +0.083% | $1.3M | $2.5M | 10x | as long as short |
| Lighter CRWV | +0.0032% | 1h | 84.080 | −0.048% | $96K | $35K | 10x | as long as short |
| Lighter RH CRWV | +0.0032% | 1h | 84.120 | 0.000% | $400K | $377K | 10x | as long as short |
| Arcus CRWV-USD | +0.0040% | 1h | 84.170 | +0.059% | $63K | $79K | 10x | as long as short |
| Vest CRWV-USD-PERP | +0.0046% | 1h | 84.170 | +0.059% | — | $177K | 10x | as long as short |
| tradeXYZ xyz:CRWV | +0.0050% | 1h | 84.095 | −0.030% | $9.1M | $8.2M | 10x | as long as short |
| Polymarket Perps CRWV-USD | +0.0050% | 1h | 84.170 | +0.059% | $75K | $312K | 10x | as long as short |
| Ondo Perps CRWV-USD.P | +0.0050% | 1h | 84.140 | +0.024% | $309K | $158K | 10x | as long as short |
| Bybit CRWVUSDTshort | +0.0052% | 8h | 84.130 | +0.012% | $2.0M | $1.2M | 25x | |
| KuCoin CRWVUSDTM | +0.0100% | 8h | 84.150 | +0.036% | $356K | $545K | 20x | as long as short |
| Phoenix CRWVlong | +0.0189% | 1h | 84.120 | long leg | $1K | $45K | 10x | |
| edgeX CRWVUSDC | +0.0621% | 4h | 84.221 | +0.120% | $87K | $203K | 10x | as long as short |
Phoenix CRWV
Bybit CRWVUSDT
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
KuCoin CRWVUSDTM
edgeX CRWVUSDC