Funding you earn now, next payment 10:00 UTC+0.0192%/8h= +21.1% APRnext payment +$0.24 per $10,000 · paid last 24h +0.023%
Price spread now: Phoenix against tradeXYZ+0.073%81s7-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
=Both sides work for this trade now. Funding pays +$6 a day on $10k at the current rate, and Phoenix is 0.073% dearer against tradeXYZ than usual: you sell high and buy low: +$7 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 81 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 | tradeXYZ xyz:CRWV | 85.078 | −0.0004 | get 0.0000% / 1h | 56m 02s | $9.2M | $8.6M | 10x |
| Short | Phoenix CRWV | 85.140 | 0.0188 | get 0.0024% / 1h | 56m 02s | $1K | $43K | 10x |
tradeXYZ xyz:CRWV
Phoenix CRWVFunding history
latest
Range statsloading…
Price spread between the two exchanges
Phoenix against tradeXYZ. 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
- $40.38
- Price spread: +0.073% → 0.000%
- $7.29
- Slippage, 4 orders
- no order book: not counted
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Net
- $22.67
- Costs to cover
- 0.250%
- Break-even
- 3.1 days
Slippage unknown: tradeXYZ: live order book, 6 min ago; Phoenix: 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 tradeXYZ live order book, 6 min ago | 0.35 bp | 13.6 bp −$14 | doesn't fit | doesn't fit | doesn't fit |
| Sell Phoenix no order-book sample | — | — | — | — | — |
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 | |
|---|---|---|---|---|---|---|---|---|
| Polymarket Perps CRWV-USD | −0.0055% | 1h | 85.036 | −0.049% | $84K | $262K | 10x | as long as short |
| tradeXYZ xyz:CRWVlong | −0.0004% | 1h | 85.078 | long leg | $9.2M | $8.6M | 10x | |
| Aster CRWVUSDT | 0.0000% | 8h | 85.143 | +0.077% | $37K | $33K | 20x | as long as short |
| Extended CRWV-USD | 0.0000% | 1h | 85.102 | +0.029% | $15K | $279K | 10x | as long as short |
| Binance CRWVUSDT | 0.0000% | 8h | 85.115 | +0.044% | $8.3M | $22.9M | 25x | as long as short |
| Bybit CRWVUSDT | 0.0000% | 8h | 85.120 | +0.049% | $1.9M | $1.3M | 25x | as long as short |
| OKX CRWV-USDT-SWAP | 0.0000% | 8h | 85.060 | −0.021% | $2.2M | $5.5M | 25x | as long as short |
| Gate CRWV_USDT | 0.0000% | 8h | 85.100 | +0.026% | $5.2M | $4.6M | 50x | as long as short |
| Bitget CRWVUSDT | 0.0000% | 8h | 85.120 | +0.049% | $2.1M | $2.2M | 20x | as long as short |
| Variational Omni CRWV | 0.0000% | 8h | 84.977 | −0.118% | $321K | $267K | — | as long as short |
Polymarket Perps CRWV-USD
Aster CRWVUSDT
Extended CRWV-USD
Binance CRWVUSDT
Bybit CRWVUSDT
OKX CRWV-USDT-SWAP
Gate CRWV_USDT
Bitget CRWVUSDT
Variational Omni CRWVShow all 23 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT CRWV_USDT_Perp | 0.0000% | 8h | 85.009 | −0.081% | $3K | $167K | 10x | as long as short |
| SunX CRWV-USDT | 0.0000% | 8h | 85.010 | −0.080% | $2K | $4.0M | 10x | as long as short |
| HTX CRWV-USDT | 0.0000% | 8h | 85.030 | −0.056% | $132K | $17K | 20x | as long as short |
| QFEX CRWV-USD | +0.0001% | 1h | 85.110 | +0.038% | $1.3M | $2.5M | 10x | as long as short |
| BloFin CRWV-USDT | +0.0005% | 8h | 85.030 | −0.056% | $153K | $62K | 20x | as long as short |
| Lighter CRWV | +0.0032% | 1h | 85.080 | +0.002% | $103K | $36K | 10x | as long as short |
| Lighter RH CRWV | +0.0032% | 1h | 85.110 | +0.038% | $355K | $498K | 10x | as long as short |
| Arcus CRWV-USD | +0.0040% | 1h | 85.050 | −0.033% | $62K | $63K | 10x | as long as short |
| Vest CRWV-USD-PERP | +0.0046% | 1h | 85.250 | +0.202% | — | $198K | 10x | as long as short |
| Ondo Perps CRWV-USD.P | +0.0050% | 1h | 84.890 | −0.221% | $238K | $256K | 10x | as long as short |
| KuCoin CRWVUSDTM | +0.0100% | 8h | 85.100 | +0.026% | $352K | $728K | 20x | as long as short |
| Phoenix CRWVshort | +0.0188% | 1h | 85.140 | +0.073% | $1K | $43K | 10x | |
| edgeX CRWVUSDC | +0.0699% | 4h | 85.048 | −0.035% | $87K | $208K | 10x | as long as short |
GRVT CRWV_USDT_Perp
SunX CRWV-USDT
HTX CRWV-USDT
QFEX CRWV-USD
BloFin CRWV-USDT
Lighter CRWV
Lighter RH CRWV
Arcus CRWV-USD
Vest CRWV-USD-PERP
Ondo Perps CRWV-USD.P
KuCoin CRWVUSDTM
edgeX CRWVUSDC