Funding you earn now, next payment 00:00 UTC+0.0321%/8h= +35.2% APRpaid last 24h +0.067%
Price spread now: Phoenix against Aster+0.044%45s7-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
=Both sides work for this trade now. Funding pays +$10 a day on $10k at the current rate, and Phoenix is 0.044% dearer against Aster than usual: you sell high and buy low: +$4 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 45 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 | Aster CRWDUSDT | 249.21 | 0 | get 0.0000% / 8h | 7h 36m | $4K | $37K | 20x |
| Short | Phoenix CRWD | 249.32 | 0.0321 | get 0.0040% / 1h | 36m 52s | $4 | $140K | 10x |
Aster CRWDUSDT
Phoenix CRWDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Phoenix against Aster. 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
- $67.46
- Price spread: +0.044% → 0.000%
- $4.42
- Slippage, 4 orders
- no order book: not counted
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Net
- $56.88
- Costs to cover
- 0.150%
- Break-even
- 1.1 days
Slippage unknown: Aster: no order-book sample; Phoenix: live order book, 29 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 Aster no order-book sample | — | — | — | — | — |
| Sell Phoenix live order book, 29 min ago | 2.41 bp | 17.3 bp −$17 | 52.6 bp −$526 | doesn't fit | doesn't fit |
Aster: 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.
CRWD on 18 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 CRWD-USDT | −0.0023% | 8h | 249.32 | +0.044% | $73K | $24K | 25x | as long as short |
| Aster CRWDUSDTlong | 0.0000% | 8h | 249.21 | long leg | $4K | $37K | 20x | |
| Binance CRWDUSDT | 0.0000% | 8h | 249.20 | −0.004% | $2.4M | $6.7M | 25x | as long as short |
| Bybit CRWDUSDT | 0.0000% | 8h | 248.99 | −0.088% | $1.2M | $665K | 25x | as long as short |
| OKX CRWD-USDT-SWAP | 0.0000% | 8h | 249.45 | +0.096% | $616K | $637K | 25x | as long as short |
| Bitget CRWDUSDT | 0.0000% | 8h | 249.11 | −0.040% | $292K | $416K | 20x | as long as short |
| Variational Omni CRWD | 0.0000% | 8h | 249.31 | +0.039% | $67K | $60K | — | as long as short |
| SunX CRWD-USDT | 0.0000% | 8h | 249.38 | +0.068% | $2K | $1.2M | 10x | as long as short |
| HTX CRWD-USDT | 0.0000% | 8h | 249.46 | +0.100% | $6K | $7K | 20x | as long as short |
| Phemex CRWDUSDT | 0.0000% | 8h | 249.33 | +0.048% | $1.5M | $193K | 10x | as long as short |
BloFin CRWD-USDT
Binance CRWDUSDT
Bybit CRWDUSDT
OKX CRWD-USDT-SWAP
Bitget CRWDUSDT
Variational Omni CRWD
SunX CRWD-USDT
HTX CRWD-USDT
Phemex CRWDUSDTShow all 18 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| QFEX CRWD-USD | +0.0030% | 1h | 249.17 | −0.016% | $1.2M | $3.0M | 10x | as long as short |
| Extended CRWD_24_5-USD | +0.0048% | 1h | 248.95 | −0.104% | $99K | — | 10x | as long as short |
| Paragon para:CRWD | +0.0060% | 1h | 249.21 | 0.000% | $84K | $111K | 10x | as long as short |
| KuCoin CRWDUSDTM | +0.0100% | 8h | 249.29 | +0.032% | $34K | $469K | 20x | as long as short |
| tradeXYZ xyz:CRWD | +0.0195% | 1h | 249.11 | −0.040% | $866K | $637K | 10x | as long as short |
| Injective CRWD/USDC PERP | +0.0220% | 1h | 238.48 | −4.306% | $21K | $19K | 12x | as long as short |
| Phoenix CRWDshort | +0.0321% | 1h | 249.32 | +0.044% | $4 | $140K | 10x | |
| GRVT CRWD_USDT_Perp | +0.0610% | 8h | 249.36 | +0.061% | $554 | $107K | 10x | as long as short |
QFEX CRWD-USD
Extended CRWD_24_5-USD
Paragon para:CRWD
KuCoin CRWDUSDTM
tradeXYZ xyz:CRWD
Injective CRWD/USDC PERP
GRVT CRWD_USDT_Perp