Funding you earn now, next payment 02:00 UTC−0.0187%/8h= −20.5% APRpaid last 24h −0.050%
Price spread now: SunX against Phoenix−0.116%7-day average — · you buy dearer than you sell
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—needs both histories
Both sides work against this trade now: funding costs −$6 a day on $10k at the current rate, and SunX is 0.116% cheaper against Phoenix than usual: you would sell low and buy high (−$12 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phoenix CRWV | 85.920 | 0.0187 | pay 0.0023% / 1h | 48m 46s | $1K | $46K | 10x |
| Short | SunX CRWV-USDT | 85.820 | 0 | get 0.0000% / 8h | 5h 48m | $1K | $4.7M | 10x |
Phoenix CRWV
SunX CRWV-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
SunX 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: −0.116% → 0.000%
- −$11.64
- Slippage, 4 orders
- no order book: not counted
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Fee SunX: 4 bp × 2 orders
- −$8
- Net
- −$65.87
- Costs to cover
- 0.150%
- Break-even
- never at this rate
Slippage unknown: Phoenix: no order-book sample; SunX: live order book, 10 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 SunX live order book, 10 min ago | 500.29 bp | doesn't fit | 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 22 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 | 85.969 | +0.057% | $37K | $35K | 20x | as long as short |
| OKX CRWV-USDT-SWAP | 0.0000% | 8h | 85.850 | −0.081% | $2.6M | $4.6M | 25x | as long as short |
| Gate CRWV_USDT | 0.0000% | 8h | 85.880 | −0.047% | $5.5M | $3.9M | 50x | as long as short |
| Bitget CRWVUSDT | 0.0000% | 8h | 85.860 | −0.070% | $2.1M | $2.0M | 20x | as long as short |
| GRVT CRWV_USDT_Perp | 0.0000% | 8h | 85.935 | +0.017% | $2K | $191K | 10x | as long as short |
| SunX CRWV-USDTshort | 0.0000% | 8h | 85.820 | −0.116% | $1K | $4.7M | 10x | |
| HTX CRWV-USDT | 0.0000% | 8h | 85.930 | +0.012% | $140K | $2K | 20x | as long as short |
| Variational Omni CRWV | +0.0024% | 8h | 85.918 | −0.002% | $314K | $309K | — | as long as short |
| Lighter CRWV | +0.0032% | 1h | 85.920 | 0.000% | $104K | $29K | 10x | as long as short |
| Lighter RH CRWV | +0.0032% | 1h | 85.850 | −0.081% | $417K | $352K | 10x | as long as short |
Aster CRWVUSDT
OKX CRWV-USDT-SWAP
Gate CRWV_USDT
Bitget CRWVUSDT
GRVT CRWV_USDT_Perp
HTX CRWV-USDT
Variational Omni CRWV
Lighter CRWV
Lighter RH CRWVShow all 22 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| QFEX CRWV-USD | +0.0032% | 1h | 85.880 | −0.047% | $1.3M | $2.8M | 10x | as long as short |
| Arcus CRWV-USD | +0.0040% | 1h | 85.870 | −0.058% | $64K | $79K | 10x | as long as short |
| Vest CRWV-USD-PERP | +0.0046% | 1h | 85.940 | +0.023% | — | $156K | 10x | as long as short |
| Ondo Perps CRWV-USD.P | +0.0050% | 1h | 85.760 | −0.186% | $331K | $132K | 10x | as long as short |
| Extended CRWV-USD | +0.0096% | 1h | 85.817 | −0.120% | $14K | $309K | 10x | as long as short |
| Binance CRWVUSDT | +0.0097% | 8h | 85.840 | −0.093% | $9.6M | $17.1M | 25x | as long as short |
| KuCoin CRWVUSDTM | +0.0100% | 8h | 85.820 | −0.116% | $363K | $530K | 20x | as long as short |
| tradeXYZ xyz:CRWV | +0.0113% | 1h | 85.825 | −0.111% | $9.7M | $8.2M | 10x | as long as short |
| Phoenix CRWVlong | +0.0187% | 1h | 85.920 | long leg | $1K | $46K | 10x | |
| Polymarket Perps CRWV-USD | +0.0230% | 1h | 85.898 | −0.026% | $85K | $289K | 10x | as long as short |
| Bybit CRWVUSDT | +0.0285% | 8h | 85.880 | −0.047% | $2.2M | $1.1M | 25x | as long as short |
| edgeX CRWVUSDC | +0.0702% | 4h | 85.912 | −0.009% | $88K | $202K | 10x | as long as short |
QFEX CRWV-USD
Arcus CRWV-USD
Vest CRWV-USD-PERP
Ondo Perps CRWV-USD.P
Extended CRWV-USD
Binance CRWVUSDT
KuCoin CRWVUSDTM
tradeXYZ xyz:CRWV
Polymarket Perps CRWV-USD
Bybit CRWVUSDT
edgeX CRWVUSDC