Funding you earn now, next payment 01:00 UTC+0.0257%/8h= +28.1% APRpaid last 24h +0.069%
Price spread now: Phoenix against GRVT−0.022%7-day average +0.070% · you buy dearer than you sell
Net, funding: paid 7d − costs−$46as in the Funding arb table
Net, price: spread back to 7d avg − costs−$85as in the Price arb table
costs, in and out, $10k−$760.758% of the position
Funding, last 7 days+0.293%+$29 on $10k
+Price spread, last 4 days (all we have)−0.597%−$60 · spread now −0.022%, 7d avg +0.070%
=Together, before fees−0.304%+ Points / potential airdropGRVT: Active · farm board−$30 on $10k · with fees, hour by hour
Funding pays, the price is against you. Phoenix is 0.092% cheaper against GRVT than usual: you would sell low and buy high (spread −0.022% now, against its 7-day average of +0.070%). If the spread goes back, that is −$9 on $10k: about 29 hours of funding at the current rate (+$8 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GRVT CRWD_USDT_Perp | 249.09 | 0 | get 0.0000% / 8h | 6h 44m | $1K | $109K | 10x |
| Short | Phoenix CRWD | 249.03 | 0.0257 | get 0.0032% / 1h | 44m 04s | $4 | $106K | 10x |
GRVT CRWD_USDT_Perp
Phoenix CRWDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Phoenix 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
- $53.94
- Price spread: −0.022% → +0.070%
- −$9.21
- Slippage, 4 orders
- −$59.78
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Net
- −$31.04
- Costs to cover
- 0.758%
- Break-even
- 11.0 days
Slippage from GRVT: live order book, 23 min ago; Phoenix: live order book, 17 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, 23 min ago | 3.21 bp | 24.0 bp −$24 | doesn't fit | doesn't fit | doesn't fit |
| Sell Phoenix live order book, 17 min ago | 2.81 bp | 18.0 bp −$18 | 55.4 bp −$554 | 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 | 239.49 | −3.852% | $21K | $19K | 12x | as long as short |
| BloFin CRWD-USDT | −0.0017% | 8h | 249.12 | +0.014% | $73K | $24K | 25x | as long as short |
| Aster CRWDUSDT | 0.0000% | 8h | 248.98 | −0.041% | $4K | $37K | 20x | as long as short |
| Binance CRWDUSDT | 0.0000% | 8h | 249.03 | −0.022% | $2.4M | $6.7M | 25x | as long as short |
| Bybit CRWDUSDT | 0.0000% | 8h | 248.90 | −0.074% | $1.2M | $559K | 25x | as long as short |
| OKX CRWD-USDT-SWAP | 0.0000% | 8h | 249.02 | −0.026% | $615K | $616K | 25x | as long as short |
| Bitget CRWDUSDT | 0.0000% | 8h | 248.92 | −0.066% | $291K | $417K | 20x | as long as short |
| Variational Omni CRWD | 0.0000% | 8h | 249.08 | −0.002% | $67K | $60K | — | as long as short |
| GRVT CRWD_USDT_Perplong | 0.0000% | 8h | 249.09 | long leg | $1K | $109K | 10x | |
| SunX CRWD-USDT | 0.0000% | 8h | 249.13 | +0.018% | $2K | $1.2M | 10x | as long as short |
Injective CRWD/USDC PERP
BloFin CRWD-USDT
Aster CRWDUSDT
Binance CRWDUSDT
Bybit CRWDUSDT
OKX CRWD-USDT-SWAP
Bitget CRWDUSDT
Variational Omni CRWD
SunX CRWD-USDTShow all 18 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX CRWD-USDT | 0.0000% | 8h | 249.22 | +0.054% | $6K | $7K | 20x | as long as short |
| Phemex CRWDUSDT | 0.0000% | 8h | 249.03 | −0.022% | $1.5M | $190K | 10x | as long as short |
| QFEX CRWD-USD | +0.0023% | 1h | 248.98 | −0.042% | $1.2M | $2.8M | 10x | as long as short |
| Extended CRWD_24_5-USD | +0.0048% | 1h | 248.84 | −0.097% | $99K | — | 10x | as long as short |
| tradeXYZ xyz:CRWD | +0.0050% | 1h | 248.87 | −0.087% | $867K | $632K | 10x | as long as short |
| KuCoin CRWDUSDTM | +0.0100% | 8h | 249.00 | −0.034% | $35K | $473K | 20x | as long as short |
| Paragon para:CRWD | +0.0215% | 1h | 248.97 | −0.046% | $84K | $108K | 10x | as long as short |
| Phoenix CRWDshort | +0.0257% | 1h | 249.03 | −0.022% | $4 | $106K | 10x |
HTX CRWD-USDT
Phemex CRWDUSDT
QFEX CRWD-USD
Extended CRWD_24_5-USD
tradeXYZ xyz:CRWD
KuCoin CRWDUSDTM
Paragon para:CRWD