Funding you earn now, next payment 08:00 UTC+0.0185%/8h= +20.2% APRpaid last 24h +0.021%
Price spread now: Phoenix against KuCoin−0.215%93s7-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
Funding pays, the price is against you. Phoenix is 0.215% cheaper against KuCoin than usual: you would sell low and buy high (spread −0.215% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$21 on $10k: about 3.9 days of funding at the current rate (+$6 a day). The two prices were read 93 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 | KuCoin CRWVUSDTM | 83.810 | 0.0100 | pay 0.0100% / 8h | 7h 19m | $352K | $602K | 20x |
| Short | Phoenix CRWV | 83.630 | 0.0285 | get 0.0036% / 1h | 19m 42s | $2K | $40K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Phoenix against KuCoin. 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
- $38.79
- Price spread: −0.215% → 0.000%
- −$21.48
- Slippage, 4 orders
- no order book: not counted
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Net
- −$1.68
- Costs to cover
- 0.190%
- Break-even
- 7.3 days
Slippage unknown: KuCoin: live order book, 5 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 KuCoin live order book, 5 min ago | 21.56 bp | 102.3 bp −$102 | doesn't fit | 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 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 | −0.0233% | 8h | 83.940 | +0.155% | $1.8M | $1.9M | 20x | as long as short |
| GRVT CRWV_USDT_Perp | −0.0018% | 8h | 83.582 | −0.272% | $2K | $186K | 10x | as long as short |
| BloFin CRWV-USDT | −0.0017% | 8h | 83.700 | −0.131% | $152K | $62K | 20x | as long as short |
| Aster CRWVUSDT | 0.0000% | 8h | 83.837 | +0.032% | $36K | $34K | 20x | as long as short |
| Extended CRWV-USD | 0.0000% | 1h | 83.862 | +0.062% | $16K | $264K | 10x | as long as short |
| Binance CRWVUSDT | 0.0000% | 8h | 83.928 | +0.140% | $9.3M | $19.5M | 25x | as long as short |
| Bybit CRWVUSDT | 0.0000% | 8h | 83.920 | +0.131% | $1.9M | $1.3M | 25x | as long as short |
| OKX CRWV-USDT-SWAP | 0.0000% | 8h | 83.940 | +0.155% | $2.2M | $5.5M | 25x | as long as short |
| Gate CRWV_USDT | 0.0000% | 8h | 83.900 | +0.107% | $5.2M | $4.5M | 50x | as long as short |
| Variational Omni CRWV | 0.0000% | 8h | 83.898 | +0.105% | $294K | $266K | — | as long as short |
Show all 23 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SunX CRWV-USDT | 0.0000% | 8h | 83.900 | +0.107% | $2K | $4.1M | 10x | as long as short |
| HTX CRWV-USDT | 0.0000% | 8h | 83.630 | −0.215% | $131K | $15K | 20x | as long as short |
| Lighter CRWV | +0.0032% | 1h | 83.840 | +0.036% | $101K | $37K | 10x | as long as short |
| Lighter RH CRWV | +0.0032% | 1h | 83.900 | +0.107% | $373K | $450K | 10x | as long as short |
| QFEX CRWV-USD | +0.0033% | 1h | 83.840 | +0.036% | $1.3M | $2.4M | 10x | as long as short |
| Arcus CRWV-USD | +0.0040% | 1h | 83.800 | −0.012% | $62K | $60K | 10x | as long as short |
| Vest CRWV-USD-PERP | +0.0046% | 1h | 83.800 | −0.012% | — | $198K | 10x | as long as short |
| tradeXYZ xyz:CRWV | +0.0050% | 1h | 83.929 | +0.142% | $9.1M | $8.7M | 10x | as long as short |
| Polymarket Perps CRWV-USD | +0.0050% | 1h | 83.834 | +0.029% | $73K | $237K | 10x | as long as short |
| Ondo Perps CRWV-USD.P | +0.0050% | 1h | 83.640 | −0.203% | $306K | $166K | 10x | as long as short |
| KuCoin CRWVUSDTMlong | +0.0100% | 8h | 83.810 | long leg | $352K | $602K | 20x | |
| Phoenix CRWVshort | +0.0285% | 1h | 83.630 | −0.215% | $2K | $40K | 10x | |
| edgeX CRWVUSDC | +0.0952% | 4h | 83.554 | −0.305% | $86K | $203K | 10x | as long as short |
KuCoin CRWVUSDTM
Phoenix CRWV
Bitget CRWVUSDT
GRVT CRWV_USDT_Perp
BloFin CRWV-USDT
Aster CRWVUSDT
Extended CRWV-USD
Binance CRWVUSDT
Bybit CRWVUSDT
OKX CRWV-USDT-SWAP
Gate CRWV_USDT
Variational Omni CRWV
SunX CRWV-USDT
HTX CRWV-USDT
Lighter CRWV
Lighter RH CRWV
tradeXYZ xyz:CRWV
Polymarket Perps CRWV-USD
edgeX CRWVUSDC