CRWV

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0232%/8h= −25.4% APRnext payment −$0.29 per $10,000 · paid last 24h −0.034%

Price spread now: Vest against Phoenix+0.104%7-day average — · you sell dearer than you buy

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

Long on Phoenix Short on Vest

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—+ Points / potential airdropVest: Active · farm boardneeds both histories

The price spread pays, funding is against you. Vest is 0.104% dearer against Phoenix than usual: you sell high and buy low (spread +0.104% now, against zero (this spread has no 7-day history yet)): +$10 on $10k if it goes back. Holding the pair costs −$7 a day in funding at the current rate, which eats that in about 36 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Phoenix CRWV	86.510	0.0278	pay 0.0035% / 1h	51m 20s	$1K	$44K	10x
Short	Vest CRWV-USD-PERP	86.600	0.0046	get 0.0006% / 1h	51m 20s	—	$156K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Vest 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 VestbpOrdersPrice spread, now +0.104%Rate

Funding earned: −$48.69
Price spread: +0.104% → 0.000%: $10.4
Slippage, 4 orders: no order book: not counted
Fee Phoenix: 3.5 bp × 2 orders: −$7
Fee Vest: 1 bp × 2 orders: −$2
Net: −$47.28
Costs to cover: 0.090%
Break-even: from the start

Slippage unknown: Phoenix: no order-book sample; Vest: 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 Vest no order-book sample	—	—	—	—	—

Phoenix and Vest: 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
Aster CRWVUSDT	0.0000%	8h	86.619	+0.126%	$37K	$35K	20x	as long as short
OKX CRWV-USDT-SWAP	0.0000%	8h	86.550	+0.046%	$2.7M	$4.6M	25x	as long as short
Gate CRWV_USDT	0.0000%	8h	86.490	−0.023%	$5.6M	$3.9M	50x	as long as short
Bitget CRWVUSDT	0.0000%	8h	86.480	−0.035%	$2.3M	$1.9M	20x	as long as short
SunX CRWV-USDT	0.0000%	8h	86.440	−0.081%	$2K	$5.2M	10x	as long as short
HTX CRWV-USDT	0.0000%	8h	86.520	+0.012%	$141K	$2K	20x	as long as short
BloFin CRWV-USDT	+0.0004%	8h	86.550	+0.046%	$171K	$69K	20x	as long as short
QFEX CRWV-USD	+0.0029%	1h	86.450	−0.069%	$1.3M	$3.3M	10x	as long as short
Lighter CRWV	+0.0032%	1h	86.570	+0.069%	$105K	$32K	10x	as long as short
Lighter RH CRWV	+0.0032%	1h	86.470	−0.046%	$422K	$354K	10x	as long as short

Show all 23 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Vest CRWV-USD-PERPshort	+0.0046%	1h	86.600	+0.104%	—	$156K	10x
Ondo Perps CRWV-USD.P	+0.0050%	1h	86.390	−0.139%	$334K	$218K	10x	as long as short
edgeX CRWVUSDC	+0.0059%	4h	86.487	−0.026%	$89K	$201K	10x	as long as short
Variational Omni CRWV	+0.0060%	8h	86.472	−0.044%	$316K	$391K	—	as long as short
GRVT CRWV_USDT_Perp	+0.0076%	8h	86.505	−0.006%	$3K	$201K	10x	as long as short
KuCoin CRWVUSDTM	+0.0100%	8h	86.430	−0.092%	$365K	$514K	20x	as long as short
Extended CRWV-USD	+0.0136%	1h	86.472	−0.044%	$16K	$230K	10x	as long as short
Binance CRWVUSDT	+0.0138%	8h	86.485	−0.029%	$9.6M	$18.0M	25x	as long as short
tradeXYZ xyz:CRWV	+0.0148%	1h	86.466	−0.051%	$9.7M	$7.6M	10x	as long as short
Bybit CRWVUSDT	+0.0185%	8h	86.530	+0.023%	$2.2M	$1.2M	25x	as long as short
Phoenix CRWVlong	+0.0278%	1h	86.510	long leg	$1K	$44K	10x
Polymarket Perps CRWV-USD	+0.0334%	1h	86.540	+0.035%	$71K	$254K	10x	as long as short
Arcus CRWV-USD	+0.0340%	1h	86.450	−0.069%	$64K	$79K	10x	as long as short