Funding you earn now, next payment 05:00 UTC−0.0189%/8h= −20.7% APRnext payment −$0.24 per $10,000 · paid last 24h −0.030%
Price spread now: Extended against Phoenix−0.050%48s7-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
=Both sides work against this trade now: funding costs −$6 a day on $10k at the current rate, and Extended is 0.050% cheaper against Phoenix than usual: you would sell low and buy high (−$5 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 48 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 | 84.590 | 0.0189 | pay 0.0024% / 1h | 44m 39s | $1K | $45K | 10x |
| Short | Extended CRWV-USD | 84.548 | 0 | get 0.0000% / 1h | 44m 39s | $15K | $246K | 10x |
Phoenix CRWV
Extended CRWV-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Extended 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
- −$39.71
- Price spread: −0.050% → 0.000%
- −$5.01
- Slippage, 4 orders
- no order book: not counted
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$56.73
- Costs to cover
- 0.120%
- Break-even
- never at this rate
Slippage unknown: Phoenix: no order-book sample; Extended: live order book, 2 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 Extended live order book, 2 min ago | 2.96 bp | 13.6 bp −$14 | 76.3 bp −$763 | 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 CRWVUSDT | −0.0448% | 8h | 84.640 | +0.059% | $1.8M | $1.9M | 20x | as long as short |
| Gate CRWV_USDT | −0.0127% | 8h | 84.610 | +0.024% | $5.4M | $3.8M | 50x | as long as short |
| Aster CRWVUSDT | 0.0000% | 8h | 84.706 | +0.137% | $37K | $33K | 20x | as long as short |
| Extended CRWV-USDshort | 0.0000% | 1h | 84.548 | −0.050% | $15K | $246K | 10x | |
| Binance CRWVUSDT | 0.0000% | 8h | 84.611 | +0.025% | $9.3M | $17.7M | 25x | as long as short |
| OKX CRWV-USDT-SWAP | 0.0000% | 8h | 84.590 | 0.000% | $2.3M | $5.2M | 25x | as long as short |
| Variational Omni CRWV | 0.0000% | 8h | 84.635 | +0.053% | $305K | $285K | — | as long as short |
| GRVT CRWV_USDT_Perp | 0.0000% | 8h | 84.660 | +0.083% | $2K | $193K | 10x | as long as short |
| SunX CRWV-USDT | 0.0000% | 8h | 84.610 | +0.024% | $2K | $4.4M | 10x | as long as short |
| HTX CRWV-USDT | 0.0000% | 8h | 84.700 | +0.130% | $138K | $2K | 20x | as long as short |
Bitget CRWVUSDT
Gate CRWV_USDT
Aster CRWVUSDT
Binance CRWVUSDT
OKX CRWV-USDT-SWAP
Variational Omni CRWV
GRVT CRWV_USDT_Perp
SunX CRWV-USDT
HTX CRWV-USDTShow all 23 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin CRWV-USDT | +0.0007% | 8h | 84.650 | +0.071% | $156K | $67K | 20x | as long as short |
| QFEX CRWV-USD | +0.0021% | 1h | 84.620 | +0.035% | $1.3M | $2.5M | 10x | as long as short |
| Lighter CRWV | +0.0032% | 1h | 84.560 | −0.035% | $96K | $35K | 10x | as long as short |
| Lighter RH CRWV | +0.0032% | 1h | 84.560 | −0.035% | $405K | $371K | 10x | as long as short |
| Arcus CRWV-USD | +0.0040% | 1h | 84.590 | 0.000% | $63K | $79K | 10x | as long as short |
| Vest CRWV-USD-PERP | +0.0046% | 1h | 84.620 | +0.035% | — | $176K | 10x | as long as short |
| Polymarket Perps CRWV-USD | +0.0050% | 1h | 84.593 | +0.004% | $80K | $307K | 10x | as long as short |
| Ondo Perps CRWV-USD.P | +0.0050% | 1h | 84.530 | −0.071% | $311K | $158K | 10x | as long as short |
| tradeXYZ xyz:CRWV | +0.0059% | 1h | 84.573 | −0.020% | $9.2M | $8.2M | 10x | as long as short |
| Bybit CRWVUSDT | +0.0068% | 8h | 84.630 | +0.047% | $2.1M | $1.1M | 25x | as long as short |
| KuCoin CRWVUSDTM | +0.0100% | 8h | 84.560 | −0.035% | $357K | $540K | 20x | as long as short |
| Phoenix CRWVlong | +0.0189% | 1h | 84.590 | long leg | $1K | $45K | 10x | |
| edgeX CRWVUSDC | +0.0400% | 4h | 84.651 | +0.072% | $87K | $204K | 10x | as long as short |
BloFin 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
Bybit CRWVUSDT
KuCoin CRWVUSDTM
edgeX CRWVUSDC