Funding you earn now, next payment 16:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.006%
Price spread now: Phemex against GRVT−0.014%7-day average +0.008% · you buy dearer than you sell
Net, funding: paid 7d − costs−$98as in the Funding arb table
Net, price: spread back to 7d avg − costs−$112as in the Price arb table
costs, in and out, $10k−$1101.100% of the position
Funding, last 7 days+0.116%+$12 on $10k
+Price spread, last 4 days (all we have)+0.010%+$1 · spread now −0.014%, 7d avg +0.008%
=Together, before fees+0.126%+ Points / potential airdropGRVT: Active · farm board+$13 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Phemex is 0.023% cheaper against GRVT than usual: you would sell low and buy high, −$2 on $10k if it goes back to its 7-day average of +0.008%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GRVT CRWD_USDT_Perp | 250.54 | 0 | get 0.0000% / 8h | 7h 42m | $641 | $123K | 10x |
| Short | Phemex CRWDUSDT | 250.50 | 0 | get 0.0000% / 8h | 7h 42m | $1.5M | $225K | 10x |
GRVT CRWD_USDT_Perp
Phemex CRWDUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Phemex against GRVT. 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
- $0
- Price spread: −0.014% → +0.008%
- −$2.26
- Slippage, 4 orders
- −$88.96
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Fee Phemex: 6 bp × 2 orders
- −$12
- Net
- −$112.22
- Costs to cover
- 1.100%
- Break-even
- never at this rate
Slippage from GRVT: live order book, 54 min ago; Phemex: live order book, 5 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 GRVT live order book, 54 min ago | 2.99 bp | 8.6 bp −$9 | doesn't fit | doesn't fit | doesn't fit |
| Sell Phemex live order book, 5 min ago | 3.59 bp | 46.5 bp −$47 | doesn't fit | doesn't fit | doesn't fit |
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 | 247.18 | −1.339% | $22K | $20K | 12x | as long as short |
| Paragon para:CRWD | −0.0147% | 1h | 250.44 | −0.038% | $84K | $108K | 10x | as long as short |
| Bybit CRWDUSDT | −0.0047% | 8h | 250.26 | −0.110% | $1.1M | $438K | 25x | as long as short |
| BloFin CRWD-USDT | −0.0013% | 8h | 250.41 | −0.050% | $70K | $24K | 25x | as long as short |
| Aster CRWDUSDT | 0.0000% | 8h | 250.32 | −0.086% | $4K | $36K | 20x | as long as short |
| Binance CRWDUSDT | 0.0000% | 8h | 250.56 | +0.011% | $2.5M | $7.3M | 25x | as long as short |
| OKX CRWD-USDT-SWAP | 0.0000% | 8h | 250.54 | +0.002% | $542K | $773K | 25x | as long as short |
| Bitget CRWDUSDT | 0.0000% | 8h | 250.47 | −0.026% | $305K | $411K | 20x | as long as short |
| Variational Omni CRWD | 0.0000% | 8h | 250.43 | −0.043% | $68K | $56K | — | as long as short |
| GRVT CRWD_USDT_Perplong | 0.0000% | 8h | 250.54 | long leg | $641 | $123K | 10x |
Injective CRWD/USDC PERP
Paragon para:CRWD
Bybit CRWDUSDT
BloFin CRWD-USDT
Aster CRWDUSDT
Binance CRWDUSDT
OKX CRWD-USDT-SWAP
Bitget CRWDUSDT
Variational Omni CRWDShow all 18 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SunX CRWD-USDT | 0.0000% | 8h | 250.42 | −0.046% | $2K | $1.1M | 10x | as long as short |
| HTX CRWD-USDT | 0.0000% | 8h | 250.78 | +0.098% | $6K | $7K | 20x | as long as short |
| Phemex CRWDUSDTshort | 0.0000% | 8h | 250.50 | −0.014% | $1.5M | $225K | 10x | |
| QFEX CRWD-USD | +0.0030% | 1h | 250.58 | +0.018% | $1.2M | $2.7M | 10x | as long as short |
| Extended CRWD_24_5-USD | +0.0048% | 1h | 250.37 | −0.068% | $100K | — | 10x | as long as short |
| tradeXYZ xyz:CRWD | +0.0050% | 1h | 250.40 | −0.054% | $892K | $677K | 10x | as long as short |
| KuCoin CRWDUSDTM | +0.0100% | 8h | 250.47 | −0.026% | $34K | $259K | 20x | as long as short |
| Phoenix CRWD | +0.0255% | 1h | 250.54 | +0.002% | $6 | $120K | 10x | as long as short |
SunX CRWD-USDT
HTX CRWD-USDT
QFEX CRWD-USD
Extended CRWD_24_5-USD
tradeXYZ xyz:CRWD
KuCoin CRWDUSDTM
Phoenix CRWD