Funding you earn now, next payment 07:00 UTC−0.0518%/8h= −56.7% APRpaid last 24h +0.031%
Price spread now: Gate against Phoenix−0.047%7-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
Both sides work against this trade now: funding costs −$16 a day on $10k at the current rate, and Gate is 0.047% 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.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phoenix CRWV | 84.430 | 0.0095 | pay 0.0012% / 1h | 10m 59s | $2K | $41K | 10x |
| Short | Gate CRWV_USDT | 84.390 | −0.0423 | pay 0.0423% / 8h | 10m 59s | $5.2M | $4.2M | 50x |
Phoenix CRWV
Gate CRWV_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- −$108.74
- Price spread: −0.047% → 0.000%
- −$4.74
- Slippage, 4 orders
- no order book: not counted
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$135.48
- Costs to cover
- 0.220%
- Break-even
- never at this rate
Slippage unknown: Phoenix: no order-book sample; Gate: 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 Gate live order book, 2 min ago | 3.55 bp | 16.6 bp −$17 | 42.3 bp −$423 | 78.0 bp −$7,796 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Gate CRWV_USDTshort | −0.0423% | 8h | 84.390 | −0.047% | $5.2M | $4.2M | 50x | |
| Bitget CRWVUSDT | −0.0407% | 8h | 84.430 | 0.000% | $1.8M | $2.0M | 20x | as long as short |
| Aster CRWVUSDT | 0.0000% | 8h | 84.353 | −0.091% | $37K | $34K | 20x | as long as short |
| Extended CRWV-USD | 0.0000% | 1h | 84.370 | −0.071% | $15K | $260K | 10x | as long as short |
| Binance CRWVUSDT | 0.0000% | 8h | 84.373 | −0.068% | $9.1M | $18.2M | 25x | as long as short |
| Bybit CRWVUSDT | 0.0000% | 8h | 84.410 | −0.024% | $1.9M | $1.2M | 25x | as long as short |
| OKX CRWV-USDT-SWAP | 0.0000% | 8h | 84.410 | −0.024% | $2.3M | $5.2M | 25x | as long as short |
| Variational Omni CRWV | 0.0000% | 8h | 84.372 | −0.069% | $294K | $285K | — | as long as short |
| GRVT CRWV_USDT_Perp | 0.0000% | 8h | 84.430 | 0.000% | $2K | $189K | 10x | as long as short |
| SunX CRWV-USDT | 0.0000% | 8h | 84.320 | −0.130% | $2K | $4.2M | 10x | as long as short |
Bitget CRWVUSDT
Aster CRWVUSDT
Extended CRWV-USD
Binance CRWVUSDT
Bybit CRWVUSDT
OKX CRWV-USDT-SWAP
Variational Omni CRWV
GRVT CRWV_USDT_Perp
SunX CRWV-USDTShow all 23 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX CRWV-USDT | 0.0000% | 8h | 84.430 | 0.000% | $132K | $14K | 20x | as long as short |
| BloFin CRWV-USDT | +0.0009% | 8h | 84.370 | −0.071% | $154K | $65K | 20x | as long as short |
| QFEX CRWV-USD | +0.0012% | 1h | 84.360 | −0.083% | $1.3M | $2.4M | 10x | as long as short |
| Lighter CRWV | +0.0032% | 1h | 84.340 | −0.107% | $102K | $48K | 10x | as long as short |
| Lighter RH CRWV | +0.0032% | 1h | 84.400 | −0.036% | $398K | $410K | 10x | as long as short |
| Arcus CRWV-USD | +0.0040% | 1h | 84.360 | −0.083% | $63K | $78K | 10x | as long as short |
| Vest CRWV-USD-PERP | +0.0046% | 1h | 84.370 | −0.071% | — | $184K | 10x | as long as short |
| Polymarket Perps CRWV-USD | +0.0050% | 1h | 84.338 | −0.109% | $73K | $307K | 10x | as long as short |
| Ondo Perps CRWV-USD.P | +0.0050% | 1h | 84.280 | −0.178% | $309K | $164K | 10x | as long as short |
| Phoenix CRWVlong | +0.0095% | 1h | 84.430 | long leg | $2K | $41K | 10x | |
| KuCoin CRWVUSDTM | +0.0100% | 8h | 84.380 | −0.059% | $355K | $568K | 20x | as long as short |
| edgeX CRWVUSDC | +0.0224% | 4h | 84.379 | −0.061% | $87K | $204K | 10x | as long as short |
| tradeXYZ xyz:CRWV | +0.0230% | 1h | 84.373 | −0.068% | $9.2M | $8.3M | 10x | as long as short |
HTX CRWV-USDT
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
KuCoin CRWVUSDTM
edgeX CRWVUSDC
tradeXYZ xyz:CRWV