Funding you earn now, next payment 09:00 UTC−0.0145%/8h= −15.8% APRnext payment −$0.18 per $10,000 · paid last 24h −0.040%
Price spread now: QFEX against Phoenix+0.012%52s7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 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 sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$4 a day on $10k at the current rate. The two prices were read 52 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 | 84.270 | 0.0189 | pay 0.0024% / 1h | 16m 28s | $2K | $40K | 10x |
| Short | QFEX CRWV-USD | 84.280 | 0.0045 | get 0.0006% / 1h | 16m 28s | $1.3M | $2.5M | 10x |
Phoenix CRWV
QFEX CRWV-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
QFEX 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
- −$30.37
- Price spread: +0.012% → 0.000%
- $1.19
- Slippage, 4 orders
- no order book: not counted
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Fee QFEX: 5 bp × 2 orders
- −$10
- Net
- −$46.18
- Costs to cover
- 0.170%
- Break-even
- never at this rate
Slippage unknown: Phoenix: no order-book sample; QFEX: 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 QFEX live order book, 4 min ago | 2.38 bp | 7.4 bp −$7 | 10.9 bp −$109 | 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 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| Aster CRWVUSDT | 0.0000% | 8h | 84.248 | −0.026% | $36K | $33K | 20x | as long as short |
| Extended CRWV-USD | 0.0000% | 1h | 84.247 | −0.028% | $15K | $267K | 10x | as long as short |
| Binance CRWVUSDT | 0.0000% | 8h | 84.269 | −0.001% | $8.2M | $22.2M | 25x | as long as short |
| Bybit CRWVUSDT | 0.0000% | 8h | 84.290 | +0.024% | $1.9M | $1.3M | 25x | as long as short |
| OKX CRWV-USDT-SWAP | 0.0000% | 8h | 84.330 | +0.071% | $2.2M | $5.4M | 25x | as long as short |
| Gate CRWV_USDT | 0.0000% | 8h | 84.330 | +0.071% | $5.2M | $4.7M | 50x | as long as short |
| Bitget CRWVUSDT | 0.0000% | 8h | 84.390 | +0.142% | $1.8M | $2.1M | 20x | as long as short |
| Variational Omni CRWV | 0.0000% | 8h | 84.123 | −0.175% | $296K | $255K | — | as long as short |
| GRVT CRWV_USDT_Perp | 0.0000% | 8h | 84.180 | −0.107% | $2K | $173K | 10x | as long as short |
| SunX CRWV-USDT | 0.0000% | 8h | 84.160 | −0.131% | $1K | $4.1M | 10x | as long as short |
Aster CRWVUSDT
Extended CRWV-USD
Binance CRWVUSDT
Bybit CRWVUSDT
OKX CRWV-USDT-SWAP
Gate CRWV_USDT
Bitget CRWVUSDT
Variational Omni CRWV
GRVT CRWV_USDT_Perp
SunX CRWV-USDTShow all 23 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX CRWV-USDT | 0.0000% | 8h | 84.240 | −0.036% | $130K | $17K | 20x | as long as short |
| BloFin CRWV-USDT | +0.0019% | 8h | 84.170 | −0.119% | $150K | $61K | 20x | as long as short |
| Lighter CRWV | +0.0032% | 1h | 84.230 | −0.047% | $102K | $37K | 10x | as long as short |
| Lighter RH CRWV | +0.0032% | 1h | 84.290 | +0.024% | $353K | $485K | 10x | as long as short |
| Arcus CRWV-USD | +0.0040% | 1h | 84.260 | −0.012% | $61K | $63K | 10x | as long as short |
| QFEX CRWV-USDshort | +0.0045% | 1h | 84.280 | +0.012% | $1.3M | $2.5M | 10x | |
| Vest CRWV-USD-PERP | +0.0046% | 1h | 84.340 | +0.083% | — | $198K | 10x | as long as short |
| tradeXYZ xyz:CRWV | +0.0050% | 1h | 84.302 | +0.038% | $9.0M | $8.9M | 10x | as long as short |
| Polymarket Perps CRWV-USD | +0.0050% | 1h | 84.297 | +0.032% | $74K | $240K | 10x | as long as short |
| Ondo Perps CRWV-USD.P | +0.0050% | 1h | 84.220 | −0.059% | $235K | $251K | 10x | as long as short |
| KuCoin CRWVUSDTM | +0.0100% | 8h | 84.180 | −0.107% | $353K | $654K | 20x | as long as short |
| Phoenix CRWVlong | +0.0189% | 1h | 84.270 | long leg | $2K | $40K | 10x | |
| edgeX CRWVUSDC | +0.0200% | 4h | 84.172 | −0.116% | $87K | $207K | 10x | as long as short |
HTX CRWV-USDT
BloFin CRWV-USDT
Lighter CRWV
Lighter RH CRWV
Arcus CRWV-USD
Vest CRWV-USD-PERP
tradeXYZ xyz:CRWV
Polymarket Perps CRWV-USD
Ondo Perps CRWV-USD.P
KuCoin CRWVUSDTM
edgeX CRWVUSDC