Funding you earn now, next payment 02:00 UTC−0.0136%/8h= −14.8% APRnext payment −$0.17 per $10,000 · paid last 24h −0.021%
Price spread now: tradeXYZ against Phoenix+0.017%7-day average — · you sell dearer than you buy
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
=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.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phoenix CRWV | 85.860 | 0.0187 | pay 0.0023% / 1h | 23m 22s | $1K | $46K | 10x |
| Short | tradeXYZ xyz:CRWV | 85.875 | 0.0051 | get 0.0006% / 1h | 23m 22s | $9.7M | $8.1M | 10x |
Phoenix CRWV
tradeXYZ xyz:CRWVFunding history
latest
Range statsloading…
Price spread between the two exchanges
tradeXYZ 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
- −$28.46
- Price spread: +0.017% → 0.000%
- $1.75
- Slippage, 4 orders
- no order book: not counted
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Net
- −$51.71
- Costs to cover
- 0.250%
- Break-even
- never at this rate
Slippage unknown: Phoenix: no order-book sample; tradeXYZ: 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 tradeXYZ live order book, 4 min ago | 0.58 bp | 12.2 bp −$12 | 15.0 bp −$150 | 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 | −0.0022% | 8h | 85.940 | +0.093% | $166K | $67K | 20x | as long as short |
| Aster CRWVUSDT | 0.0000% | 8h | 86.024 | +0.191% | $37K | $35K | 20x | as long as short |
| OKX CRWV-USDT-SWAP | 0.0000% | 8h | 85.920 | +0.070% | $2.5M | $4.8M | 25x | as long as short |
| Gate CRWV_USDT | 0.0000% | 8h | 85.960 | +0.116% | $5.5M | $3.9M | 50x | as long as short |
| Bitget CRWVUSDT | 0.0000% | 8h | 85.910 | +0.058% | $2.0M | $2.0M | 20x | as long as short |
| Variational Omni CRWV | 0.0000% | 8h | 85.892 | +0.038% | $313K | $300K | — | as long as short |
| GRVT CRWV_USDT_Perp | 0.0000% | 8h | 85.920 | +0.070% | $2K | $190K | 10x | as long as short |
| SunX CRWV-USDT | 0.0000% | 8h | 85.810 | −0.058% | $2K | $4.6M | 10x | as long as short |
| HTX CRWV-USDT | 0.0000% | 8h | 85.950 | +0.105% | $140K | $2K | 20x | as long as short |
| Lighter CRWV | +0.0032% | 1h | 85.950 | +0.105% | $103K | $30K | 10x | as long as short |
BloFin CRWV-USDT
Aster CRWVUSDT
OKX CRWV-USDT-SWAP
Gate CRWV_USDT
Bitget CRWVUSDT
Variational Omni CRWV
GRVT CRWV_USDT_Perp
SunX CRWV-USDT
HTX CRWV-USDT
Lighter CRWVShow all 23 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter RH CRWV | +0.0032% | 1h | 85.910 | +0.058% | $418K | $352K | 10x | as long as short |
| QFEX CRWV-USD | +0.0032% | 1h | 85.900 | +0.047% | $1.3M | $2.7M | 10x | as long as short |
| Arcus CRWV-USD | +0.0040% | 1h | 85.880 | +0.023% | $64K | $79K | 10x | as long as short |
| Vest CRWV-USD-PERP | +0.0046% | 1h | 85.950 | +0.105% | — | $156K | 10x | as long as short |
| Ondo Perps CRWV-USD.P | +0.0050% | 1h | 85.790 | −0.082% | $329K | $136K | 10x | as long as short |
| tradeXYZ xyz:CRWVshort | +0.0051% | 1h | 85.875 | +0.017% | $9.7M | $8.1M | 10x | |
| Binance CRWVUSDT | +0.0069% | 8h | 85.900 | +0.047% | $9.6M | $17.0M | 25x | as long as short |
| Extended CRWV-USD | +0.0072% | 1h | 85.877 | +0.020% | $14K | $304K | 10x | as long as short |
| KuCoin CRWVUSDTM | +0.0100% | 8h | 85.870 | +0.012% | $363K | $527K | 20x | as long as short |
| edgeX CRWVUSDC | +0.0143% | 4h | 85.889 | +0.034% | $88K | $202K | 10x | as long as short |
| Polymarket Perps CRWV-USD | +0.0168% | 1h | 85.924 | +0.075% | $85K | $289K | 10x | as long as short |
| Phoenix CRWVlong | +0.0187% | 1h | 85.860 | long leg | $1K | $46K | 10x | |
| Bybit CRWVUSDT | +0.0218% | 8h | 85.940 | +0.093% | $2.2M | $1.1M | 25x | as long as short |
Lighter RH CRWV
QFEX CRWV-USD
Arcus CRWV-USD
Vest CRWV-USD-PERP
Ondo Perps CRWV-USD.P
Binance CRWVUSDT
Extended CRWV-USD
KuCoin CRWVUSDTM
edgeX CRWVUSDC
Polymarket Perps CRWV-USD
Bybit CRWVUSDT