Funding you earn now, next payment 02:00 UTC−0.0187%/8h= −20.5% APRpaid last 24h −0.045%
Price spread now: Variational Omni against Phoenix+0.010%54s7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
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—+ Points / potential airdropVariational Omni: Active · farm boardneeds 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: −$6 a day on $10k at the current rate. The two prices were read 54 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 | 85.960 | 0.0187 | pay 0.0023% / 1h | 12m 28s | $1K | $46K | 10x |
| Short | Variational Omni CRWV | 85.968 | 0 | get 0.0000% / 8h | 5h 12m | $314K | $300K | — |
Phoenix CRWV
Variational Omni CRWVFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni 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
- −$39.23
- Price spread: +0.010% → 0.000%
- $0.96
- Slippage, 4 orders
- no order book: not counted
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$45.27
- Costs to cover
- 0.070%
- Break-even
- never at this rate
Slippage unknown: Phoenix: no order-book sample; Variational Omni: RFQ quote, 52 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 Variational Omni RFQ quote, 52 min ago | 2.73 bp | doesn't fit | 33.9 bp −$339 | 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin CRWV-USDT | −0.0024% | 8h | 86.000 | +0.047% | $166K | $67K | 20x | as long as short |
| Aster CRWVUSDT | 0.0000% | 8h | 86.095 | +0.158% | $37K | $35K | 20x | as long as short |
| OKX CRWV-USDT-SWAP | 0.0000% | 8h | 86.000 | +0.047% | $2.5M | $4.8M | 25x | as long as short |
| Gate CRWV_USDT | 0.0000% | 8h | 86.010 | +0.058% | $5.5M | $3.9M | 50x | as long as short |
| Bitget CRWVUSDT | 0.0000% | 8h | 85.960 | 0.000% | $2.0M | $2.0M | 20x | as long as short |
| Variational Omni CRWVshort | 0.0000% | 8h | 85.968 | +0.010% | $314K | $300K | — | |
| GRVT CRWV_USDT_Perp | 0.0000% | 8h | 85.961 | +0.001% | $2K | $191K | 10x | as long as short |
| SunX CRWV-USDT | 0.0000% | 8h | 85.890 | −0.081% | $2K | $4.6M | 10x | as long as short |
| HTX CRWV-USDT | 0.0000% | 8h | 86.010 | +0.058% | $141K | $2K | 20x | as long as short |
| Lighter CRWV | +0.0032% | 1h | 86.010 | +0.058% | $103K | $30K | 10x | as long as short |
BloFin CRWV-USDT
Aster CRWVUSDT
OKX CRWV-USDT-SWAP
Gate CRWV_USDT
Bitget CRWVUSDT
GRVT CRWV_USDT_Perp
SunX CRWV-USDT
HTX CRWV-USDT
Lighter CRWVShow all 23 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter RH CRWV | +0.0032% | 1h | 85.980 | +0.023% | $418K | $352K | 10x | as long as short |
| QFEX CRWV-USD | +0.0032% | 1h | 85.950 | −0.012% | $1.3M | $2.7M | 10x | as long as short |
| Arcus CRWV-USD | +0.0040% | 1h | 85.930 | −0.035% | $64K | $79K | 10x | as long as short |
| Vest CRWV-USD-PERP | +0.0046% | 1h | 86.020 | +0.070% | — | $156K | 10x | as long as short |
| tradeXYZ xyz:CRWV | +0.0050% | 1h | 85.913 | −0.055% | $9.7M | $8.1M | 10x | as long as short |
| Ondo Perps CRWV-USD.P | +0.0050% | 1h | 85.830 | −0.151% | $330K | $137K | 10x | as long as short |
| Binance CRWVUSDT | +0.0051% | 8h | 85.977 | +0.020% | $9.6M | $17.0M | 25x | as long as short |
| Extended CRWV-USD | +0.0056% | 1h | 85.948 | −0.014% | $14K | $304K | 10x | as long as short |
| KuCoin CRWVUSDTM | +0.0100% | 8h | 85.940 | −0.023% | $363K | $524K | 20x | as long as short |
| Polymarket Perps CRWV-USD | +0.0143% | 1h | 85.964 | +0.005% | $85K | $289K | 10x | as long as short |
| Bybit CRWVUSDT | +0.0181% | 8h | 86.010 | +0.058% | $2.2M | $1.2M | 25x | as long as short |
| Phoenix CRWVlong | +0.0187% | 1h | 85.960 | long leg | $1K | $46K | 10x | |
| edgeX CRWVUSDC | +0.0508% | 4h | 85.955 | −0.006% | $89K | $203K | 10x | as long as short |
Lighter RH CRWV
QFEX CRWV-USD
Arcus CRWV-USD
Vest CRWV-USD-PERP
tradeXYZ xyz:CRWV
Ondo Perps CRWV-USD.P
Binance CRWVUSDT
Extended CRWV-USD
KuCoin CRWVUSDTM
Polymarket Perps CRWV-USD
Bybit CRWVUSDT
edgeX CRWVUSDC