Funding you earn now, next payment 06:00 UTC+0.0054%/8h= +6.0% APRpaid last 24h +0.009%
Price spread now: tradeXYZ against BloFin−0.203%48s7-day average — · you buy dearer than you sell
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
=Funding pays, the price is against you. tradeXYZ is 0.203% cheaper against BloFin than usual: you would sell low and buy high (spread −0.203% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$20 on $10k: about 12 days of funding at the current rate (+$2 a day). The two prices were read 48 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 | BloFin CRWD-USDT | 251.54 | 0.0016 | pay 0.0016% / 8h | 2h 08m | $72K | $24K | 25x |
| Short | tradeXYZ xyz:CRWD | 251.03 | 0.0071 | get 0.0009% / 1h | 8m 28s | $893K | $676K | 10x |
BloFin CRWD-USDT
tradeXYZ xyz:CRWDFunding history
latest
Range statsloading…
Price spread between the two exchanges
tradeXYZ against BloFin. 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
- $11.43
- Price spread: −0.203% → 0.000%
- −$20.28
- Slippage, 4 orders
- no order book: not counted
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Net
- −$38.84
- Costs to cover
- 0.300%
- Break-even
- 30.8 days
Slippage unknown: BloFin: no order-book sample; tradeXYZ: live order book, 68 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 BloFin no order-book sample | — | — | — | — | — |
| Sell tradeXYZ live order book, 68 min ago | 4.20 bp | 21.5 bp −$22 | doesn't fit | doesn't fit | doesn't fit |
BloFin: 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective CRWD/USDC PERP | −0.0220% | 1h | 246.46 | −2.020% | $22K | $20K | 12x | as long as short |
| Aster CRWDUSDT | 0.0000% | 8h | 251.23 | −0.123% | $4K | $37K | 20x | as long as short |
| Binance CRWDUSDT | 0.0000% | 8h | 251.31 | −0.091% | $2.5M | $7.1M | 25x | as long as short |
| Bybit CRWDUSDT | 0.0000% | 8h | 251.18 | −0.143% | $1.2M | $550K | 25x | as long as short |
| OKX CRWD-USDT-SWAP | 0.0000% | 8h | 251.14 | −0.159% | $601K | $699K | 25x | as long as short |
| Bitget CRWDUSDT | 0.0000% | 8h | 251.15 | −0.155% | $294K | $416K | 20x | as long as short |
| Variational Omni CRWD | 0.0000% | 8h | 251.65 | +0.044% | $68K | $60K | — | as long as short |
| GRVT CRWD_USDT_Perp | 0.0000% | 8h | 251.67 | +0.052% | $1K | $123K | 10x | as long as short |
| SunX CRWD-USDT | 0.0000% | 8h | 251.71 | +0.068% | $2K | $1.2M | 10x | as long as short |
| HTX CRWD-USDT | 0.0000% | 8h | 251.84 | +0.119% | $6K | $7K | 20x | as long as short |
Injective CRWD/USDC PERP
Aster CRWDUSDT
Binance CRWDUSDT
Bybit CRWDUSDT
OKX CRWD-USDT-SWAP
Bitget CRWDUSDT
Variational Omni CRWD
GRVT CRWD_USDT_Perp
SunX CRWD-USDT
HTX CRWD-USDTShow all 18 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Phemex CRWDUSDT | 0.0000% | 8h | 251.49 | −0.020% | $1.5M | $213K | 10x | as long as short |
| BloFin CRWD-USDTlong | +0.0016% | 8h | 251.54 | long leg | $72K | $24K | 25x | |
| QFEX CRWD-USD | +0.0044% | 1h | 251.35 | −0.076% | $1.2M | $2.6M | 10x | as long as short |
| Extended CRWD_24_5-USD | +0.0048% | 1h | 251.13 | −0.163% | $100K | — | 10x | as long as short |
| tradeXYZ xyz:CRWDshort | +0.0071% | 1h | 251.03 | −0.203% | $893K | $676K | 10x | |
| KuCoin CRWDUSDTM | +0.0100% | 8h | 251.18 | −0.143% | $34K | $287K | 20x | as long as short |
| Paragon para:CRWD | +0.0140% | 1h | 251.06 | −0.189% | $85K | $108K | 10x | as long as short |
| Phoenix CRWD | +0.0160% | 1h | 251.36 | −0.072% | $2 | $106K | 10x | as long as short |
Phemex CRWDUSDT
QFEX CRWD-USD
Extended CRWD_24_5-USD
KuCoin CRWDUSDTM
Paragon para:CRWD
Phoenix CRWD