Funding you earn now, next payment 01:00 UTC+0.0227%/8h= +24.9% APRnext payment +$0.28 per $10,000 · paid last 24h +0.034%
Price spread now: Phoenix against Ondo Perps+0.304%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
=Together, before fees—+ Points / potential airdropOndo Perps: Active · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$7 a day on $10k at the current rate, and Phoenix is 0.304% dearer against Ondo Perps than usual: you sell high and buy low: +$30 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Ondo Perps CRWV-USD.P | 85.630 | 0.0050 | pay 0.0006% / 1h | 36m 58s | $331K | $218K | 10x |
| Short | Phoenix CRWV | 85.890 | 0.0278 | get 0.0035% / 1h | 36m 58s | $1K | $46K | 10x |
Ondo Perps CRWV-USD.P
Phoenix CRWVFunding history
latest
Range statsloading…
Price spread between the two exchanges
Phoenix against Ondo Perps. 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
- $47.75
- Price spread: +0.304% → 0.000%
- $30.36
- Slippage, 4 orders
- no order book: not counted
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Net
- $66.11
- Costs to cover
- 0.120%
- Break-even
- from the start
Slippage unknown: Ondo Perps: no order-book sample; 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 Ondo Perps no order-book sample | — | — | — | — | — |
| Sell Phoenix no order-book sample | — | — | — | — | — |
Ondo Perps and 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 | −0.0027% | 8h | 86.180 | +0.642% | $171K | $68K | 20x | as long as short |
| Aster CRWVUSDT | 0.0000% | 8h | 85.934 | +0.355% | $37K | $35K | 20x | as long as short |
| OKX CRWV-USDT-SWAP | 0.0000% | 8h | 85.830 | +0.234% | $2.6M | $4.6M | 25x | as long as short |
| Gate CRWV_USDT | 0.0000% | 8h | 85.790 | +0.187% | $5.5M | $3.9M | 50x | as long as short |
| Bitget CRWVUSDT | 0.0000% | 8h | 85.770 | +0.163% | $2.2M | $1.9M | 20x | as long as short |
| GRVT CRWV_USDT_Perp | 0.0000% | 8h | 85.787 | +0.183% | $3K | $192K | 10x | as long as short |
| SunX CRWV-USDT | 0.0000% | 8h | 85.700 | +0.082% | $2K | $4.9M | 10x | as long as short |
| HTX CRWV-USDT | 0.0000% | 8h | 85.830 | +0.234% | $140K | $2K | 20x | as long as short |
| QFEX CRWV-USD | +0.0018% | 1h | 85.770 | +0.163% | $1.3M | $2.9M | 10x | as long as short |
| Lighter RH CRWV | +0.0032% | 1h | 85.740 | +0.128% | $417K | $357K | 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
QFEX CRWV-USD
Lighter RH CRWVShow all 23 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Arcus CRWV-USD | +0.0040% | 1h | 85.750 | +0.140% | $64K | $78K | 10x | as long as short |
| Variational Omni CRWV | +0.0041% | 8h | 85.842 | +0.247% | $313K | $391K | — | as long as short |
| Vest CRWV-USD-PERP | +0.0046% | 1h | 85.780 | +0.175% | — | $156K | 10x | as long as short |
| Ondo Perps CRWV-USD.Plong | +0.0050% | 1h | 85.630 | long leg | $331K | $218K | 10x | |
| Lighter CRWV | +0.0064% | 1h | 85.830 | +0.234% | $104K | $30K | 10x | as long as short |
| KuCoin CRWVUSDTM | +0.0100% | 8h | 85.750 | +0.140% | $363K | $518K | 20x | as long as short |
| Extended CRWV-USD | +0.0112% | 1h | 85.740 | +0.129% | $19K | $309K | 10x | as long as short |
| Binance CRWVUSDT | +0.0115% | 8h | 85.766 | +0.158% | $9.6M | $17.5M | 25x | as long as short |
| edgeX CRWVUSDC | +0.0142% | 4h | 85.783 | +0.179% | $88K | $201K | 10x | as long as short |
| Phoenix CRWVshort | +0.0278% | 1h | 85.890 | +0.304% | $1K | $46K | 10x | |
| tradeXYZ xyz:CRWV | +0.0319% | 1h | 85.723 | +0.109% | $9.9M | $8.0M | 10x | as long as short |
| Bybit CRWVUSDT | +0.0422% | 8h | 85.790 | +0.187% | $2.2M | $1.2M | 25x | as long as short |
| Polymarket Perps CRWV-USD | +0.0688% | 1h | 85.850 | +0.257% | $70K | $268K | 10x | as long as short |
Arcus CRWV-USD
Variational Omni CRWV
Vest CRWV-USD-PERP
Lighter CRWV
KuCoin CRWVUSDTM
Extended CRWV-USD
Binance CRWVUSDT
edgeX CRWVUSDC
tradeXYZ xyz:CRWV
Bybit CRWVUSDT
Polymarket Perps CRWV-USD