Funding you earn now, next payment 09:00 UTC−0.0139%/8h= −15.3% APRnext payment −$0.17 per $10,000 · paid last 24h −0.022%
Price spread now: tradeXYZ against Phoenix+0.103%7-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
=The price spread pays, funding is against you. tradeXYZ is 0.103% dearer against Phoenix than usual: you sell high and buy low (spread +0.103% now, against zero (this spread has no 7-day history yet)): +$10 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 2.5 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phoenix CRWV | 84.270 | 0.0189 | pay 0.0024% / 1h | 15m 05s | $2K | $40K | 10x |
| Short | tradeXYZ xyz:CRWV | 84.357 | 0.0050 | get 0.0006% / 1h | 15m 05s | $9.0M | $8.9M | 10x |
Phoenix CRWV
tradeXYZ xyz:CRWVFunding history
latest
Range statsloading…
Price spread between the two exchanges
tradeXYZ 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
- −$29.26
- Price spread: +0.103% → 0.000%
- $10.32
- Slippage, 4 orders
- no order book: not counted
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Net
- −$43.93
- Costs to cover
- 0.250%
- Break-even
- never at this rate
Slippage unknown: Phoenix: no order-book sample; tradeXYZ: 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 tradeXYZ live order book, 7 min ago | 0.77 bp | 12.3 bp −$12 | 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin CRWV-USDT | −0.0006% | 8h | 84.330 | +0.071% | $150K | $62K | 20x | as long as short |
| Aster CRWVUSDT | 0.0000% | 8h | 84.278 | +0.010% | $37K | $33K | 20x | as long as short |
| Extended CRWV-USD | 0.0000% | 1h | 84.344 | +0.088% | $15K | $267K | 10x | as long as short |
| Binance CRWVUSDT | 0.0000% | 8h | 84.371 | +0.119% | $8.2M | $22.2M | 25x | as long as short |
| Bybit CRWVUSDT | 0.0000% | 8h | 84.330 | +0.071% | $1.9M | $1.3M | 25x | as long as short |
| OKX CRWV-USDT-SWAP | 0.0000% | 8h | 84.320 | +0.059% | $2.2M | $5.4M | 25x | as long as short |
| Gate CRWV_USDT | 0.0000% | 8h | 84.360 | +0.107% | $5.2M | $4.7M | 50x | as long as short |
| Bitget CRWVUSDT | 0.0000% | 8h | 84.430 | +0.190% | $1.8M | $2.1M | 20x | as long as short |
| Variational Omni CRWV | 0.0000% | 8h | 84.357 | +0.103% | $296K | $255K | — | as long as short |
| GRVT CRWV_USDT_Perp | 0.0000% | 8h | 84.235 | −0.041% | $2K | $173K | 10x | as long as short |
BloFin CRWV-USDT
Aster CRWVUSDT
Extended CRWV-USD
Binance CRWVUSDT
Bybit CRWVUSDT
OKX CRWV-USDT-SWAP
Gate CRWV_USDT
Bitget CRWVUSDT
Variational Omni CRWV
GRVT CRWV_USDT_PerpShow all 23 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SunX CRWV-USDT | 0.0000% | 8h | 84.300 | +0.036% | $2K | $4.1M | 10x | as long as short |
| HTX CRWV-USDT | 0.0000% | 8h | 84.380 | +0.131% | $131K | $17K | 20x | as long as short |
| Lighter CRWV | +0.0032% | 1h | 84.310 | +0.047% | $102K | $37K | 10x | as long as short |
| Lighter RH CRWV | +0.0032% | 1h | 84.340 | +0.083% | $353K | $485K | 10x | as long as short |
| Arcus CRWV-USD | +0.0040% | 1h | 84.300 | +0.036% | $61K | $63K | 10x | as long as short |
| QFEX CRWV-USD | +0.0045% | 1h | 84.330 | +0.071% | $1.3M | $2.5M | 10x | as long as short |
| Vest CRWV-USD-PERP | +0.0046% | 1h | 84.390 | +0.142% | — | $198K | 10x | as long as short |
| tradeXYZ xyz:CRWVshort | +0.0050% | 1h | 84.357 | +0.103% | $9.0M | $8.9M | 10x | |
| Polymarket Perps CRWV-USD | +0.0050% | 1h | 84.355 | +0.101% | $74K | $240K | 10x | as long as short |
| Ondo Perps CRWV-USD.P | +0.0050% | 1h | 84.220 | −0.059% | $235K | $251K | 10x | as long as short |
| KuCoin CRWVUSDTM | +0.0100% | 8h | 84.260 | −0.012% | $354K | $655K | 20x | as long as short |
| Phoenix CRWVlong | +0.0189% | 1h | 84.270 | long leg | $2K | $40K | 10x | |
| edgeX CRWVUSDC | +0.0251% | 4h | 84.228 | −0.050% | $87K | $208K | 10x | as long as short |
SunX CRWV-USDT
HTX CRWV-USDT
Lighter CRWV
Lighter RH CRWV
Arcus CRWV-USD
QFEX CRWV-USD
Vest CRWV-USD-PERP
Polymarket Perps CRWV-USD
Ondo Perps CRWV-USD.P
KuCoin CRWVUSDTM
edgeX CRWVUSDC