Funding you earn now, next payment 11:00 UTC+0.0050%/8h= +5.5% APRpaid last 24h +0.014%
Price spread now: tradeXYZ against Binance−0.088%7-day average −0.004% · you buy dearer than you sell
Net, funding: paid 7d − costs−$81as in the Funding arb table
Net, price: spread back to 7d avg − costs−$71as in the Price arb table
costs, in and out, $10k−$630.630% of the position
Funding, last 7 days−0.182%−$18 on $10k
+Price spread, last 4 days (all we have)+0.015%+$2 · spread now −0.088%, 7d avg −0.004%
=Together, before fees−0.167%+ Points / potential airdroptradeXYZ: Active · farm board−$17 on $10k · with fees, hour by hour
Funding pays, the price is against you. tradeXYZ is 0.084% cheaper against Binance than usual: you would sell low and buy high (spread −0.088% now, against its 7-day average of −0.004%). If the spread goes back, that is −$8 on $10k: about 5.6 days of funding at the current rate (+$2 a day). Mind the row above: over the last 7 days funding on this pair cost −0.182%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance CRWDUSDT | 249.62 | 0 | get 0.0000% / 8h | 5h 44m | $2.5M | $7.5M | 25x |
| Short | tradeXYZ xyz:CRWD | 249.40 | 0.0050 | get 0.0006% / 1h | 44m 16s | $894K | $697K | 10x |
Binance CRWDUSDT
tradeXYZ xyz:CRWDFunding history
latest
Range statsloading…
Price spread between the two exchanges
tradeXYZ against Binance. 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
- $10.5
- Price spread: −0.088% → −0.004%
- −$8.42
- Slippage, 4 orders
- −$34.99
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Net
- −$60.91
- Costs to cover
- 0.630%
- Break-even
- 47.6 days
Slippage from Binance: live order book, 3 min ago; tradeXYZ: live order book, 59 min ago.
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 Binance live order book, 3 min ago | 2.20 bp | 14.2 bp −$14 | 45.8 bp −$458 | 184.7 bp −$18.5K | doesn't fit |
| Sell tradeXYZ live order book, 59 min ago | 3.19 bp | 17.8 bp −$18 | doesn't fit | doesn't fit | doesn't fit |
CRWD on 18 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 CRWDUSDT | 0.0000% | 8h | 249.66 | +0.016% | $4K | $36K | 20x | as long as short |
| Binance CRWDUSDTlong | 0.0000% | 8h | 249.62 | long leg | $2.5M | $7.5M | 25x | |
| Bybit CRWDUSDT | 0.0000% | 8h | 249.45 | −0.068% | $1.1M | $475K | 25x | as long as short |
| OKX CRWD-USDT-SWAP | 0.0000% | 8h | 249.65 | +0.012% | $548K | $772K | 25x | as long as short |
| Bitget CRWDUSDT | 0.0000% | 8h | 249.47 | −0.060% | $305K | $409K | 20x | as long as short |
| Variational Omni CRWD | 0.0000% | 8h | 249.55 | −0.029% | $70K | $55K | — | as long as short |
| GRVT CRWD_USDT_Perp | 0.0000% | 8h | 249.56 | −0.024% | $484 | $122K | 10x | as long as short |
| SunX CRWD-USDT | 0.0000% | 8h | 249.73 | +0.044% | $2K | $1.1M | 10x | as long as short |
| HTX CRWD-USDT | 0.0000% | 8h | 249.65 | +0.012% | $6K | $7K | 20x | as long as short |
| Phemex CRWDUSDT | 0.0000% | 8h | 249.62 | 0.000% | $1.5M | $236K | 10x | as long as short |
Aster CRWDUSDT
Bybit CRWDUSDT
OKX CRWD-USDT-SWAP
Bitget CRWDUSDT
Variational Omni CRWD
GRVT CRWD_USDT_Perp
SunX CRWD-USDT
HTX CRWD-USDT
Phemex CRWDUSDTShow all 18 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin CRWD-USDT | +0.0004% | 8h | 249.57 | −0.020% | $71K | $24K | 25x | as long as short |
| QFEX CRWD-USD | +0.0039% | 1h | 249.49 | −0.052% | $1.2M | $2.6M | 10x | as long as short |
| Extended CRWD_24_5-USD | +0.0048% | 1h | 249.25 | −0.148% | $99K | $200 | 10x | as long as short |
| tradeXYZ xyz:CRWDshort | +0.0050% | 1h | 249.40 | −0.088% | $894K | $697K | 10x | |
| Paragon para:CRWD | +0.0060% | 1h | 249.28 | −0.136% | $84K | $108K | 10x | as long as short |
| KuCoin CRWDUSDTM | +0.0100% | 8h | 249.62 | 0.000% | $36K | $391K | 20x | as long as short |
| Injective CRWD/USDC PERP | +0.0220% | 1h | 251.56 | +0.777% | $22K | $20K | 12x | as long as short |
| Phoenix CRWD | +0.0256% | 1h | 249.52 | −0.040% | $2 | $120K | 10x | as long as short |
BloFin CRWD-USDT
QFEX CRWD-USD
Extended CRWD_24_5-USD
Paragon para:CRWD
KuCoin CRWDUSDTM
Injective CRWD/USDC PERP
Phoenix CRWD