Funding you earn now, next payment 06:00 UTC−0.0974%/8h= −106.6% APRpaid last 24h −0.042%
Price spread now: Bitget against Phoenix+0.083%69s7-day average — · you sell dearer than you buy
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 pays, funding is against you. Bitget is 0.083% dearer against Phoenix than usual: you sell high and buy low (spread +0.083% now, against zero (this spread has no 7-day history yet)): +$8 on $10k if it goes back. Holding the pair costs −$29 a day in funding at the current rate, which eats that in about 7 hours. The two prices were read 69 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 | Phoenix CRWV | 84.180 | 0.0190 | pay 0.0024% / 1h | 18m 19s | $2K | $44K | 10x |
| Short | Bitget CRWVUSDT | 84.250 | −0.0784 | pay 0.0784% / 8h | 1h 18m | $1.8M | $1.9M | 20x |
Phoenix CRWV
Bitget CRWVUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget 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
- −$204.53
- Price spread: +0.083% → 0.000%
- $8.32
- Slippage, 4 orders
- no order book: not counted
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$215.21
- Costs to cover
- 0.190%
- Break-even
- never at this rate
Slippage unknown: Phoenix: no order-book sample; Bitget: live order book, 4 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 Bitget live order book, 4 min ago | 4.16 bp | 16.4 bp −$16 | 133.8 bp −$1,338 | 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 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 CRWVUSDTshort | −0.0784% | 8h | 84.250 | +0.083% | $1.8M | $1.9M | 20x | |
| Gate CRWV_USDT | −0.0316% | 8h | 84.250 | +0.083% | $5.3M | $4.1M | 50x | as long as short |
| BloFin CRWV-USDT | −0.0016% | 8h | 84.150 | −0.036% | $154K | $65K | 20x | as long as short |
| Aster CRWVUSDT | 0.0000% | 8h | 84.268 | +0.104% | $37K | $34K | 20x | as long as short |
| Extended CRWV-USD | 0.0000% | 1h | 84.209 | +0.035% | $15K | $243K | 10x | as long as short |
| Binance CRWVUSDT | 0.0000% | 8h | 84.220 | +0.048% | $9.1M | $18.0M | 25x | as long as short |
| Bybit CRWVUSDT | 0.0000% | 8h | 84.230 | +0.059% | $2.0M | $1.3M | 25x | as long as short |
| OKX CRWV-USDT-SWAP | 0.0000% | 8h | 84.170 | −0.012% | $2.3M | $5.2M | 25x | as long as short |
| Variational Omni CRWV | 0.0000% | 8h | 84.195 | +0.018% | $303K | $286K | — | as long as short |
| GRVT CRWV_USDT_Perp | 0.0000% | 8h | 84.170 | −0.012% | $2K | $190K | 10x | as long as short |
Gate CRWV_USDT
BloFin CRWV-USDT
Aster CRWVUSDT
Extended CRWV-USD
Binance CRWVUSDT
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 | 84.180 | 0.000% | $2K | $4.3M | 10x | as long as short |
| HTX CRWV-USDT | 0.0000% | 8h | 84.210 | +0.036% | $133K | $11K | 20x | as long as short |
| QFEX CRWV-USD | +0.0021% | 1h | 84.210 | +0.036% | $1.3M | $2.4M | 10x | as long as short |
| Lighter CRWV | +0.0032% | 1h | 84.180 | 0.000% | $96K | $32K | 10x | as long as short |
| Lighter RH CRWV | +0.0032% | 1h | 84.210 | +0.036% | $398K | $385K | 10x | as long as short |
| Arcus CRWV-USD | +0.0040% | 1h | 84.140 | −0.048% | $63K | $78K | 10x | as long as short |
| Vest CRWV-USD-PERP | +0.0046% | 1h | 84.160 | −0.024% | — | $177K | 10x | as long as short |
| Polymarket Perps CRWV-USD | +0.0050% | 1h | 84.167 | −0.015% | $75K | $304K | 10x | as long as short |
| Ondo Perps CRWV-USD.P | +0.0050% | 1h | 84.180 | 0.000% | $308K | $162K | 10x | as long as short |
| tradeXYZ xyz:CRWV | +0.0081% | 1h | 84.171 | −0.011% | $9.1M | $8.2M | 10x | as long as short |
| KuCoin CRWVUSDTM | +0.0100% | 8h | 84.180 | 0.000% | $354K | $566K | 20x | as long as short |
| Phoenix CRWVlong | +0.0190% | 1h | 84.180 | long leg | $2K | $44K | 10x | |
| edgeX CRWVUSDC | +0.0477% | 4h | 84.154 | −0.031% | $87K | $203K | 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