Spread before costs (cost unknown: a leg has no order-book sample)−0.174%
7d average—if it closes, per $10,000$17funding while held, a day−$3.75
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phoenix CRWV | 86.720 | 0.0184 | pay 0.0023% / 1h | 26m 00s | $1K | $43K | 10x |
| Short | edgeX CRWVUSDC | 86.569 | 0.0059 | get 0.0029% / 4h | 2h 26m | $89K | $201K | 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
- −$17.36
- Funding while held
- −$3.75
- Slippage, 4 orders
- no order book: not counted
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- −$37.12
- Spread needed to break even
- 0.160%
Slippage unknown: Phoenix: no order-book sample; edgeX: live order book, 12 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0125%
- Per $10,000 a day
- −$3.75
- 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 Phoenix no order-book sample | — | — | — | — | — |
| Sell edgeX live order book, 12 min ago | 6.34 bp | 12.9 bp −$13 | 40.2 bp −$402 | 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 price on every exchange
against the cheapest. Click to use as the short leg.Ondo Perps86.450cheapestBloFin86.530+0.093%Gate86.540+0.104%KuCoin86.540+0.104%tradeXYZ86.549+0.115%Lighter RH86.550+0.116%SunX86.560+0.127%Aster86.576+0.146%Binance86.580+0.150%OKX86.580+0.150%Bitget86.580+0.150%HTX86.580+0.150%Extended86.581+0.152%Polymarket Perps86.596+0.169%Variational Omni86.605+0.179%Lighter86.610+0.185%Bybit86.610+0.185%Arcus86.610+0.185%QFEX86.610+0.185%Vest86.720+0.312%
Ondo Perps
BloFin
Gate
KuCoin
tradeXYZ
Lighter RH
SunX
Aster
Binance
OKX
Bitget
HTX
Extended
Polymarket Perps
Variational Omni
Lighter
Bybit
Arcus
QFEX
VestPhoenix86.720+0.312%
CRWV 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 | −0.311% | +0.0050% | 1h | $333K | $232K | 10x | as long as short |
| BloFin CRWV-USDT | −0.219% | +0.0004% | 8h | $185K | $56K | 20x | as long as short |
| Gate CRWV_USDT | −0.208% | 0.0000% | 8h | $5.6M | $3.9M | 50x | as long as short |
| KuCoin CRWVUSDTM | −0.208% | +0.0100% | 8h | $366K | $521K | 20x | as long as short |
| tradeXYZ xyz:CRWV | −0.197% | +0.0050% | 1h | $10.1M | $6.6M | 10x | as long as short |
| Lighter RH CRWV | −0.196% | +0.0032% | 1h | $427K | $451K | 10x | as long as short |
| SunX CRWV-USDT | −0.185% | 0.0000% | 8h | $1K | $5.4M | 10x | as long as short |
| edgeX CRWVUSDCshort | −0.174% | +0.0059% | 4h | $89K | $201K | 10x | |
| Aster CRWVUSDT | −0.166% | 0.0000% | 8h | $39K | $31K | 20x | as long as short |
| Binance CRWVUSDT | −0.161% | 0.0000% | 8h | $9.9M | $16.9M | 25x | as long as short |
Show all 22 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| OKX CRWV-USDT-SWAP | −0.161% | +0.0016% | 8h | $2.8M | $4.2M | 25x | as long as short |
| Bitget CRWVUSDT | −0.161% | 0.0000% | 8h | $2.3M | $1.8M | 20x | as long as short |
| HTX CRWV-USDT | −0.161% | 0.0000% | 8h | $141K | $2K | 20x | as long as short |
| Extended CRWV-USD | −0.160% | 0.0000% | 1h | $15K | $228K | 10x | as long as short |
| Polymarket Perps CRWV-USD | −0.143% | +0.0050% | 1h | $72K | $163K | 10x | as long as short |
| Variational Omni CRWV | −0.133% | 0.0000% | 8h | $310K | $398K | — | as long as short |
| Lighter CRWV | −0.127% | +0.0032% | 1h | $104K | $31K | 10x | as long as short |
| Bybit CRWVUSDT | −0.127% | +0.0202% | 8h | $2.3M | $1.1M | 25x | as long as short |
| Arcus CRWV-USD | −0.127% | +0.0568% | 1h | $81K | $56K | 10x | as long as short |
| QFEX CRWV-USD | −0.127% | +0.0028% | 1h | $1.2M | $2.8M | 10x | as long as short |
| Vest CRWV-USD-PERP | 0.000% | +0.0046% | 1h | — | $137K | 10x | as long as short |
| Phoenix CRWVlong | 0.000% | +0.0184% | 1h | $1K | $43K | 10x |