Funding you earn now, next payment 10:00 UTC−0.0088%/8h= −9.7% APRpaid last 24h −0.019%
Price spread now: KuCoin against Phoenix−0.141%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
=Together, before fees—needs both histories
Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and KuCoin is 0.141% cheaper against Phoenix than usual: you would sell low and buy high (−$14 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 | Phoenix CRWV | 85.170 | 0.0188 | pay 0.0024% / 1h | 47m 05s | $2K | $42K | 10x |
| Short | KuCoin CRWVUSDTM | 85.050 | 0.0100 | get 0.0100% / 8h | 5h 47m | $357K | $681K | 20x |
Phoenix CRWV
KuCoin CRWVUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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
- −$18.55
- Price spread: −0.141% → 0.000%
- −$14.09
- Slippage, 4 orders
- no order book: not counted
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$51.64
- Costs to cover
- 0.190%
- Break-even
- never at this rate
Slippage unknown: Phoenix: no order-book sample; KuCoin: live order book, 58 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 KuCoin live order book, 58 min ago | 16.66 bp | 80.0 bp −$80 | doesn't fit | 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 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| Aster CRWVUSDT | 0.0000% | 8h | 85.034 | −0.159% | $37K | $33K | 20x | as long as short |
| Extended CRWV-USD | 0.0000% | 1h | 85.061 | −0.128% | $15K | $274K | 10x | as long as short |
| Binance CRWVUSDT | 0.0000% | 8h | 85.078 | −0.109% | $8.3M | $22.6M | 25x | as long as short |
| Bybit CRWVUSDT | 0.0000% | 8h | 85.080 | −0.106% | $1.9M | $1.3M | 25x | as long as short |
| OKX CRWV-USDT-SWAP | 0.0000% | 8h | 85.090 | −0.094% | $2.2M | $5.5M | 25x | as long as short |
| Gate CRWV_USDT | 0.0000% | 8h | 85.110 | −0.070% | $5.2M | $4.6M | 50x | as long as short |
| Bitget CRWVUSDT | 0.0000% | 8h | 85.160 | −0.012% | $1.8M | $2.1M | 20x | as long as short |
| Variational Omni CRWV | 0.0000% | 8h | 85.038 | −0.155% | $298K | $255K | — | as long as short |
| GRVT CRWV_USDT_Perp | 0.0000% | 8h | 85.179 | +0.010% | $2K | $170K | 10x | as long as short |
| SunX CRWV-USDT | 0.0000% | 8h | 85.110 | −0.070% | $2K | $4.1M | 10x | as long as short |
Aster CRWVUSDT
Extended CRWV-USD
Binance CRWVUSDT
Bybit CRWVUSDT
OKX CRWV-USDT-SWAP
Gate CRWV_USDT
Bitget CRWVUSDT
Variational Omni CRWV
GRVT CRWV_USDT_Perp
SunX CRWV-USDTShow all 23 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX CRWV-USDT | 0.0000% | 8h | 85.120 | −0.059% | $132K | $17K | 20x | as long as short |
| QFEX CRWV-USD | +0.0004% | 1h | 85.010 | −0.188% | $1.3M | $2.5M | 10x | as long as short |
| BloFin CRWV-USDT | +0.0004% | 8h | 85.050 | −0.141% | $151K | $62K | 20x | as long as short |
| Lighter CRWV | +0.0032% | 1h | 85.040 | −0.153% | $103K | $36K | 10x | as long as short |
| Lighter RH CRWV | +0.0032% | 1h | 85.090 | −0.094% | $355K | $496K | 10x | as long as short |
| Arcus CRWV-USD | +0.0040% | 1h | 84.990 | −0.211% | $62K | $63K | 10x | as long as short |
| Vest CRWV-USD-PERP | +0.0046% | 1h | 85.170 | 0.000% | — | $198K | 10x | as long as short |
| Polymarket Perps CRWV-USD | +0.0050% | 1h | 85.064 | −0.124% | $75K | $238K | 10x | as long as short |
| Ondo Perps CRWV-USD.P | +0.0050% | 1h | 85.150 | −0.023% | $237K | $257K | 10x | as long as short |
| tradeXYZ xyz:CRWV | +0.0073% | 1h | 85.089 | −0.095% | $9.2M | $8.6M | 10x | as long as short |
| KuCoin CRWVUSDTMshort | +0.0100% | 8h | 85.050 | −0.141% | $357K | $681K | 20x | |
| Phoenix CRWVlong | +0.0188% | 1h | 85.170 | long leg | $2K | $42K | 10x | |
| edgeX CRWVUSDC | +0.0752% | 4h | 85.020 | −0.176% | $87K | $207K | 10x | as long as short |
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
Ondo Perps CRWV-USD.P
tradeXYZ xyz:CRWV
edgeX CRWVUSDC