Funding you earn now, next payment 06:00 UTC+0.0190%/8h= +20.8% APRpaid last 24h +0.030%
Price spread now: Phoenix against Binance−0.012%115s7-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
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 115 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 | Binance CRWVUSDT | 84.140 | 0 | get 0.0000% / 8h | 1h 25m | $9.1M | $18.0M | 25x |
| Short | Phoenix CRWV | 84.130 | 0.0190 | get 0.0024% / 1h | 25m 32s | $2K | $44K | 10x |
Binance CRWVUSDT
Phoenix CRWVFunding history
latest
Range statsloading…
Price spread between the two exchanges
Phoenix against Binance. 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
- $39.89
- Price spread: −0.012% → 0.000%
- −$1.19
- Slippage, 4 orders
- no order book: not counted
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Net
- $21.7
- Costs to cover
- 0.170%
- Break-even
- 3.2 days
Slippage unknown: Binance: live order book, 15 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 Binance live order book, 15 min ago | 1.19 bp | 9.1 bp −$9 | 19.3 bp −$193 | 88.4 bp −$8,841 | 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 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget CRWVUSDT | −0.0813% | 8h | 84.170 | +0.036% | $1.8M | $2.0M | 20x | as long as short |
| Gate CRWV_USDT | −0.0304% | 8h | 84.120 | −0.024% | $5.3M | $4.1M | 50x | as long as short |
| BloFin CRWV-USDT | −0.0030% | 8h | 84.120 | −0.024% | $154K | $65K | 20x | as long as short |
| Aster CRWVUSDT | 0.0000% | 8h | 84.172 | +0.038% | $37K | $34K | 20x | as long as short |
| Extended CRWV-USD | 0.0000% | 1h | 84.110 | −0.036% | $15K | $243K | 10x | as long as short |
| Binance CRWVUSDTlong | 0.0000% | 8h | 84.140 | long leg | $9.1M | $18.0M | 25x | |
| Bybit CRWVUSDT | 0.0000% | 8h | 84.140 | 0.000% | $2.0M | $1.3M | 25x | as long as short |
| OKX CRWV-USDT-SWAP | 0.0000% | 8h | 84.140 | 0.000% | $2.3M | $5.2M | 25x | as long as short |
| Variational Omni CRWV | 0.0000% | 8h | 84.120 | −0.023% | $303K | $286K | — | as long as short |
| GRVT CRWV_USDT_Perp | 0.0000% | 8h | 84.150 | +0.012% | $2K | $190K | 10x | as long as short |
Bitget CRWVUSDT
Gate CRWV_USDT
BloFin CRWV-USDT
Aster CRWVUSDT
Extended CRWV-USD
Bybit CRWVUSDT
OKX CRWV-USDT-SWAP
Variational Omni CRWV
GRVT CRWV_USDT_PerpShow all 23 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SunX CRWV-USDT | 0.0000% | 8h | 84.070 | −0.083% | $1K | $4.3M | 10x | as long as short |
| HTX CRWV-USDT | 0.0000% | 8h | 84.160 | +0.024% | $133K | $11K | 20x | as long as short |
| QFEX CRWV-USD | +0.0021% | 1h | 84.140 | 0.000% | $1.3M | $2.5M | 10x | as long as short |
| Lighter CRWV | +0.0032% | 1h | 84.100 | −0.048% | $96K | $32K | 10x | as long as short |
| Lighter RH CRWV | +0.0032% | 1h | 84.110 | −0.036% | $397K | $385K | 10x | as long as short |
| Arcus CRWV-USD | +0.0040% | 1h | 84.080 | −0.071% | $63K | $78K | 10x | as long as short |
| Vest CRWV-USD-PERP | +0.0046% | 1h | 84.100 | −0.048% | — | $177K | 10x | as long as short |
| Polymarket Perps CRWV-USD | +0.0050% | 1h | 84.059 | −0.096% | $75K | $306K | 10x | as long as short |
| Ondo Perps CRWV-USD.P | +0.0050% | 1h | 84.000 | −0.166% | $308K | $161K | 10x | as long as short |
| tradeXYZ xyz:CRWV | +0.0093% | 1h | 84.107 | −0.039% | $9.1M | $8.3M | 10x | as long as short |
| KuCoin CRWVUSDTM | +0.0100% | 8h | 84.050 | −0.107% | $353K | $567K | 20x | as long as short |
| Phoenix CRWVshort | +0.0190% | 1h | 84.130 | −0.012% | $2K | $44K | 10x | |
| edgeX CRWVUSDC | +0.0220% | 4h | 84.147 | +0.008% | $87K | $202K | 10x | as long as short |
SunX CRWV-USDT
HTX CRWV-USDT
QFEX CRWV-USD
Lighter CRWV
Lighter RH CRWV
Arcus CRWV-USD
Vest CRWV-USD-PERP
Polymarket Perps CRWV-USD
Ondo Perps CRWV-USD.P
tradeXYZ xyz:CRWV
KuCoin CRWVUSDTM
edgeX CRWVUSDC