Spread before costs (cost unknown: a leg has no order-book sample)−0.084%
7d average—if it closes, per $10,000$8funding while held, a day−$11.10
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | edgeX CRWVUSDC | 85.772 | 0.0463 | pay 0.0232% / 4h | 3h 35m | $89K | $199K | 10x |
| Short | Phoenix CRWV | 85.700 | 0.0093 | get 0.0012% / 1h | 35m 58s | $1K | $45K | 10x |
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
- −$8.38
- Funding while held
- −$11.1
- Slippage, 4 orders
- no order book: not counted
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Net
- −$35.48
- Spread needed to break even
- 0.160%
Slippage unknown: edgeX: live order book, 7 min ago; Phoenix: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0370%
- Per $10,000 a day
- −$11.10
- 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 edgeX live order book, 7 min ago | 6.99 bp | 15.3 bp −$15 | 42.4 bp −$424 | 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.Ondo Perps85.570cheapest
Ondo PerpsPhoenix85.700+0.152%
Variational Omni85.704+0.156%SunX85.780+0.245%HTX85.790+0.257%BloFin85.800+0.269%QFEX85.810+0.280%Arcus85.820+0.292%Polymarket Perps85.849+0.326%Aster85.899+0.385%Lighter RH85.910+0.397%Gate85.910+0.397%tradeXYZ85.919+0.408%KuCoin85.920+0.409%Lighter85.940+0.432%OKX85.950+0.444%Vest85.960+0.456%Extended85.961+0.457%Bitget85.980+0.479%Binance85.990+0.491%Bybit85.990+0.491%
Variational Omni
SunX
HTX
BloFin
QFEX
Arcus
Polymarket Perps
Aster
Lighter RH
Gate
tradeXYZ
KuCoin
Lighter
OKX
Vest
Extended
Bitget
Binance
BybitCRWV on 22 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Ondo Perps CRWV-USD.P | −0.235% | +0.0050% | 1h | $328K | $135K | 10x | as long as short |
| Phoenix CRWVshort | −0.084% | +0.0093% | 1h | $1K | $45K | 10x | |
| Variational Omni CRWV | −0.079% | 0.0000% | 8h | $185K | $254K | — | as long as short |
| edgeX CRWVUSDClong | 0.000% | +0.0463% | 4h | $89K | $199K | 10x | |
| SunX CRWV-USDT | +0.009% | 0.0000% | 8h | $1K | $5.4M | 10x | as long as short |
| HTX CRWV-USDT | +0.021% | 0.0000% | 8h | $140K | $2K | 20x | as long as short |
| BloFin CRWV-USDT | +0.033% | +0.0164% | 8h | $190K | $41K | 20x | as long as short |
| QFEX CRWV-USD | +0.044% | +0.0021% | 1h | $1.2M | $2.6M | 10x | as long as short |
| Arcus CRWV-USD | +0.056% | +0.0160% | 1h | $95K | $38K | 10x | as long as short |
| Polymarket Perps CRWV-USD | +0.090% | +0.0050% | 1h | $77K | $155K | 10x | as long as short |
Show all 22 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Aster CRWVUSDT | +0.149% | 0.0000% | 8h | $37K | $29K | 20x | as long as short |
| Lighter RH CRWV | +0.161% | +0.0032% | 1h | $424K | $450K | 10x | as long as short |
| Gate CRWV_USDT | +0.161% | 0.0000% | 8h | $5.6M | $3.9M | 50x | as long as short |
| tradeXYZ xyz:CRWV | +0.171% | +0.0050% | 1h | $7.8M | $4.3M | 10x | as long as short |
| KuCoin CRWVUSDTM | +0.173% | +0.0100% | 8h | $370K | $522K | 20x | as long as short |
| Lighter CRWV | +0.196% | +0.0032% | 1h | $104K | $31K | 10x | as long as short |
| OKX CRWV-USDT-SWAP | +0.208% | +0.0134% | 8h | $3.0M | $3.5M | 25x | as long as short |
| Vest CRWV-USD-PERP | +0.219% | +0.0046% | 1h | — | $98K | 10x | as long as short |
| Extended CRWV-USD | +0.220% | 0.0000% | 1h | $14K | $228K | 10x | as long as short |
| Bitget CRWVUSDT | +0.243% | +0.0067% | 8h | $2.3M | $1.7M | 20x | as long as short |
| Binance CRWVUSDT | +0.254% | 0.0000% | 8h | $9.9M | $15.7M | 25x | as long as short |
| Bybit CRWVUSDT | +0.254% | 0.0000% | 8h | $2.3M | $1.0M | 25x | as long as short |