Spread before costs (cost unknown: a leg has no order-book sample)−0.166%
7d average—if it closes, per $10,000$17funding while held, a day−$5.95
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit CRWVUSDT | 84.510 | 0.0390 | pay 0.0390% / 8h | 1h 24m | $2.6M | $746K | 25x |
| Short | Phoenix CRWV | 84.370 | 0.0191 | get 0.0024% / 1h | 24m 40s | $2K | $29K | 10x |
Bybit CRWVUSDT
Phoenix CRWVPrice spread history
latest
Range statsloading…
How often the spread is this wide
share of time at each level, last 7DBacktest
opened in the past, held until now, after costsProfit calculator
- Spread captured
- −$16.57
- Funding while held
- −$5.95
- Slippage, 4 orders
- no order book: not counted
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Net
- −$40.52
- Spread needed to break even
- 0.180%
Slippage unknown: Bybit: live order book, 4 min ago; Phoenix: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0198%
- Per $10,000 a day
- −$5.95
- Average in range /8h
- —
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 Bybit live order book, 4 min ago | 2.36 bp | 20.3 bp −$20 | 77.5 bp −$775 | 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 price on every exchange
against the cheapest. Click to use as the short leg.SunX84.320cheapest
SunXPhoenix84.370+0.059%
Arcus84.380+0.071%tradeXYZ84.394+0.088%Extended84.402+0.097%KuCoin84.420+0.119%Lighter RH84.430+0.130%Ondo Perps84.430+0.130%QFEX84.430+0.130%Gate84.430+0.130%Polymarket Perps84.440+0.142%Binance84.450+0.154%edgeX84.459+0.165%Aster84.459+0.165%Bitget84.460+0.166%HTX84.470+0.178%OKX84.480+0.190%Lighter84.490+0.202%Vest84.490+0.202%Variational Omni84.494+0.207%
Arcus
tradeXYZ
Extended
KuCoin
Lighter RH
Ondo Perps
QFEX
Gate
Polymarket Perps
Binance
Aster
Bitget
HTX
OKX
Lighter
Vest
Variational OmniBybit84.510+0.225%
BloFin84.530+0.249%
BloFinCRWV on 22 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| SunX CRWV-USDT | −0.225% | 0.0000% | 8h | $2K | $4.7M | 10x | as long as short |
| Phoenix CRWVshort | −0.166% | +0.0191% | 1h | $2K | $29K | 10x | |
| Arcus CRWV-USD | −0.154% | +0.0040% | 1h | $101K | $29K | 10x | as long as short |
| tradeXYZ xyz:CRWV | −0.137% | +0.0105% | 1h | $7.9M | $3.8M | 10x | as long as short |
| Extended CRWV-USD | −0.128% | +0.0120% | 1h | $12K | $226K | 10x | as long as short |
| KuCoin CRWVUSDTM | −0.106% | +0.0100% | 8h | $361K | $517K | 20x | as long as short |
| Lighter RH CRWV | −0.095% | +0.0032% | 1h | $403K | $392K | 10x | as long as short |
| Ondo Perps CRWV-USD.P | −0.095% | +0.0050% | 1h | $323K | $133K | 10x | as long as short |
| QFEX CRWV-USD | −0.095% | +0.0043% | 1h | $1.2M | $2.3M | 10x | as long as short |
| Gate CRWV_USDT | −0.095% | 0.0000% | 8h | $5.4M | $3.5M | 50x | as long as short |
Show all 22 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Polymarket Perps CRWV-USD | −0.083% | +0.0135% | 1h | $74K | $147K | 10x | as long as short |
| Binance CRWVUSDT | −0.071% | +0.0118% | 8h | $10.0M | $13.9M | 25x | as long as short |
| edgeX CRWVUSDC | −0.060% | +0.0579% | 4h | $86K | $196K | 10x | as long as short |
| Aster CRWVUSDT | −0.060% | 0.0000% | 8h | $31K | $23K | 20x | as long as short |
| Bitget CRWVUSDT | −0.059% | +0.0203% | 8h | $2.3M | $1.6M | 20x | as long as short |
| HTX CRWV-USDT | −0.047% | 0.0000% | 8h | $138K | $2K | 20x | as long as short |
| OKX CRWV-USDT-SWAP | −0.035% | +0.0298% | 8h | $3.0M | $2.9M | 25x | as long as short |
| Lighter CRWV | −0.024% | +0.0032% | 1h | $99K | $27K | 10x | as long as short |
| Vest CRWV-USD-PERP | −0.024% | +0.0046% | 1h | — | $58K | 10x | as long as short |
| Variational Omni CRWV | −0.019% | +0.0064% | 8h | $185K | $231K | — | as long as short |
| Bybit CRWVUSDTlong | 0.000% | +0.0390% | 8h | $2.6M | $746K | 25x | |
| BloFin CRWV-USDT | +0.024% | +0.0323% | 8h | $189K | $23K | 20x | as long as short |