Funding you earn now, next payment 06:00 UTC−0.0190%/8h= −20.8% APRpaid last 24h −0.047%
Price spread now: Variational Omni against Phoenix+0.054%69s7-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—+ Points / potential airdropVariational Omni: Active · farm boardneeds both histories
The price spread pays, funding is against you. Variational Omni is 0.054% dearer against Phoenix than usual: you sell high and buy low (spread +0.054% now, against zero (this spread has no 7-day history yet)): +$5 on $10k if it goes back. Holding the pair costs −$6 a day in funding at the current rate, which eats that in about 23 hours. The two prices were read 69 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 | 84.300 | 0.0190 | pay 0.0024% / 1h | 56m 11s | $2K | $41K | 10x |
| Short | Variational Omni CRWV | 84.345 | 0 | get 0.0000% / 8h | 56m 11s | $304K | $286K | — |
Phoenix CRWV
Variational Omni CRWVFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni 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
- −$39.89
- Price spread: +0.054% → 0.000%
- $5.37
- Slippage, 4 orders
- no order book: not counted
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$41.52
- Costs to cover
- 0.070%
- Break-even
- never at this rate
Slippage unknown: Phoenix: no order-book sample; Variational Omni: RFQ quote, 48 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 Variational Omni RFQ quote, 48 min ago | 3.71 bp | doesn't fit | 30.9 bp −$309 | 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 | −0.0650% | 8h | 84.290 | −0.012% | $1.8M | $2.0M | 20x | as long as short |
| Gate CRWV_USDT | −0.0359% | 8h | 84.250 | −0.059% | $5.3M | $4.2M | 50x | as long as short |
| Aster CRWVUSDT | 0.0000% | 8h | 84.258 | −0.050% | $37K | $34K | 20x | as long as short |
| Extended CRWV-USD | 0.0000% | 1h | 84.216 | −0.100% | $16K | $255K | 10x | as long as short |
| Binance CRWVUSDT | 0.0000% | 8h | 84.240 | −0.071% | $9.1M | $18.1M | 25x | as long as short |
| Bybit CRWVUSDT | 0.0000% | 8h | 84.260 | −0.047% | $1.9M | $1.3M | 25x | as long as short |
| OKX CRWV-USDT-SWAP | 0.0000% | 8h | 84.240 | −0.071% | $2.3M | $5.3M | 25x | as long as short |
| Variational Omni CRWVshort | 0.0000% | 8h | 84.345 | +0.054% | $304K | $286K | — | |
| GRVT CRWV_USDT_Perp | 0.0000% | 8h | 84.365 | +0.077% | $2K | $190K | 10x | as long as short |
| SunX CRWV-USDT | 0.0000% | 8h | 84.220 | −0.095% | $2K | $4.3M | 10x | as long as short |
Bitget CRWVUSDT
Gate CRWV_USDT
Aster CRWVUSDT
Extended CRWV-USD
Binance CRWVUSDT
Bybit CRWVUSDT
OKX CRWV-USDT-SWAP
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 | 84.340 | +0.047% | $132K | $14K | 20x | as long as short |
| QFEX CRWV-USD | +0.0012% | 1h | 84.250 | −0.059% | $1.3M | $2.5M | 10x | as long as short |
| BloFin CRWV-USDT | +0.0013% | 8h | 84.300 | 0.000% | $153K | $65K | 20x | as long as short |
| Lighter CRWV | +0.0032% | 1h | 84.210 | −0.107% | $99K | $45K | 10x | as long as short |
| Lighter RH CRWV | +0.0032% | 1h | 84.220 | −0.095% | $403K | $402K | 10x | as long as short |
| Arcus CRWV-USD | +0.0040% | 1h | 84.250 | −0.059% | $63K | $78K | 10x | as long as short |
| Vest CRWV-USD-PERP | +0.0046% | 1h | 84.260 | −0.047% | — | $177K | 10x | as long as short |
| tradeXYZ xyz:CRWV | +0.0050% | 1h | 84.228 | −0.085% | $9.1M | $8.2M | 10x | as long as short |
| Polymarket Perps CRWV-USD | +0.0050% | 1h | 84.218 | −0.097% | $75K | $304K | 10x | as long as short |
| Ondo Perps CRWV-USD.P | +0.0050% | 1h | 84.320 | +0.024% | $309K | $163K | 10x | as long as short |
| KuCoin CRWVUSDTM | +0.0100% | 8h | 84.240 | −0.071% | $354K | $567K | 20x | as long as short |
| Phoenix CRWVlong | +0.0190% | 1h | 84.300 | long leg | $2K | $41K | 10x | |
| edgeX CRWVUSDC | +0.0222% | 4h | 84.363 | +0.075% | $87K | $202K | 10x | as long as short |
HTX CRWV-USDT
QFEX CRWV-USD
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