Funding you earn now, next payment 04:00 UTC+0.0007%/8h= +0.7% APRpaid last 24h −0.022%
Price spread now: KuCoin against Phoenix−0.199%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
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: KuCoin is 0.199% cheaper against Phoenix than usual: you would sell low and buy high, −$20 on $10k if it goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phoenix CRWV | 85.410 | 0.0093 | pay 0.0012% / 1h | 39m 02s | $1K | $45K | 10x |
| Short | KuCoin CRWVUSDTM | 85.240 | 0.0100 | get 0.0100% / 8h | 3h 39m | $361K | $519K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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
- $1.37
- Price spread: −0.199% → 0.000%
- −$19.9
- Slippage, 4 orders
- no order book: not counted
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$37.53
- Costs to cover
- 0.190%
- Break-even
- 198.9 days
Slippage unknown: Phoenix: no order-book sample; KuCoin: live order book, 34 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 KuCoin live order book, 34 min ago | 15.17 bp | 143.9 bp −$144 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin CRWV-USDT | −0.0008% | 8h | 85.330 | −0.094% | $163K | $67K | 20x | as long as short |
| Aster CRWVUSDT | 0.0000% | 8h | 85.453 | +0.051% | $37K | $33K | 20x | as long as short |
| Extended CRWV-USD | 0.0000% | 1h | 85.215 | −0.229% | $19K | $301K | 10x | as long as short |
| Binance CRWVUSDT | 0.0000% | 8h | 85.233 | −0.207% | $9.4M | $17.3M | 25x | as long as short |
| OKX CRWV-USDT-SWAP | 0.0000% | 8h | 85.270 | −0.164% | $2.5M | $4.9M | 25x | as long as short |
| Gate CRWV_USDT | 0.0000% | 8h | 85.280 | −0.152% | $5.4M | $3.7M | 50x | as long as short |
| Bitget CRWVUSDT | 0.0000% | 8h | 85.270 | −0.164% | $1.9M | $2.1M | 20x | as long as short |
| Variational Omni CRWV | 0.0000% | 8h | 85.375 | −0.041% | $312K | $299K | — | as long as short |
| GRVT CRWV_USDT_Perp | 0.0000% | 8h | 85.410 | 0.000% | $2K | $192K | 10x | as long as short |
| SunX CRWV-USDT | 0.0000% | 8h | 85.230 | −0.211% | $2K | $4.5M | 10x | as long as short |
Show all 23 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX CRWV-USDT | 0.0000% | 8h | 85.360 | −0.059% | $140K | $2K | 20x | as long as short |
| QFEX CRWV-USD | +0.0025% | 1h | 85.290 | −0.140% | $1.3M | $2.5M | 10x | as long as short |
| Lighter CRWV | +0.0032% | 1h | 85.340 | −0.082% | $102K | $29K | 10x | as long as short |
| Lighter RH CRWV | +0.0032% | 1h | 85.250 | −0.187% | $414K | $355K | 10x | as long as short |
| Arcus CRWV-USD | +0.0040% | 1h | 85.390 | −0.023% | $64K | $78K | 10x | as long as short |
| Vest CRWV-USD-PERP | +0.0046% | 1h | 85.350 | −0.070% | — | $156K | 10x | as long as short |
| tradeXYZ xyz:CRWV | +0.0050% | 1h | 85.240 | −0.199% | $9.4M | $8.0M | 10x | as long as short |
| Polymarket Perps CRWV-USD | +0.0050% | 1h | 85.282 | −0.150% | $85K | $298K | 10x | as long as short |
| Ondo Perps CRWV-USD.P | +0.0050% | 1h | 85.450 | +0.047% | $320K | $147K | 10x | as long as short |
| Phoenix CRWVlong | +0.0093% | 1h | 85.410 | long leg | $1K | $45K | 10x | |
| Bybit CRWVUSDT | +0.0099% | 8h | 85.270 | −0.164% | $2.1M | $1.1M | 25x | as long as short |
| KuCoin CRWVUSDTMshort | +0.0100% | 8h | 85.240 | −0.199% | $361K | $519K | 20x | |
| edgeX CRWVUSDC | +0.0679% | 4h | 85.398 | −0.014% | $88K | $202K | 10x | as long as short |
Phoenix CRWV
KuCoin CRWVUSDTM
BloFin CRWV-USDT
Aster CRWVUSDT
Extended CRWV-USD
Binance CRWVUSDT
OKX CRWV-USDT-SWAP
Gate CRWV_USDT
Bitget CRWVUSDT
Variational Omni CRWV
GRVT CRWV_USDT_Perp
SunX CRWV-USDT
HTX CRWV-USDT
Lighter CRWV
Lighter RH CRWV
tradeXYZ xyz:CRWV
Polymarket Perps CRWV-USD
Bybit CRWVUSDT
edgeX CRWVUSDC