Funding you earn now, next payment 16:00 UTC−0.0263%/8h= −28.8% APRnext payment −$2.63 per $10,000 · paid last 24h 0.000%
Price spread now: Bybit against OKX−0.056%7-day average −0.056% · you buy dearer than you sell
Net, funding: paid 7d − costs−$286as in the Funding arb table
Net, price: spread back to 7d avg − costs−$273as in the Price arb table
costs, in and out, $10k−$2732.732% of the position
Funding, last 7 days−0.133%−$13 on $10k
+Price spread, last 4 days (all we have)+0.238%+$24 · spread now −0.056%, 7d avg −0.056%
=The price spread sits at its 7-day average of −0.056%, so right now this pair is about funding alone: −$8 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.133% in total (about -6.9% a year). A funding rate is set anew for every payment; at this rate the next one is about −$2.63 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX CRWD-USDT-SWAP | 249.48 | 0 | get 0.0000% / 8h | 7h 30m | $539K | $771K | 25x |
| Short | Bybit CRWDUSDT | 249.34 | −0.0263 | pay 0.0263% / 8h | 7h 30m | $1.1M | $438K | 25x |
OKX CRWD-USDT-SWAP
Bybit CRWDUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against OKX. 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
- −$55.28
- Price spread: −0.056% → −0.056%
- $0.01
- Slippage, 4 orders
- −$252.23
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$328.5
- Costs to cover
- 2.732%
- Break-even
- never at this rate
Slippage from OKX: live order book, 65 min ago; Bybit: 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 OKX live order book, 65 min ago | 3.39 bp | 18.0 bp −$18 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bybit live order book, 5 min ago | 4.20 bp | 109.5 bp −$109 | 206.7 bp −$2,067 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit CRWDUSDTshort | −0.0263% | 8h | 249.34 | −0.056% | $1.1M | $438K | 25x | |
| Injective CRWD/USDC PERP | −0.0220% | 1h | 247.18 | −0.922% | $22K | $20K | 12x | as long as short |
| Paragon para:CRWD | −0.0041% | 1h | 249.66 | +0.070% | $84K | $108K | 10x | as long as short |
| Aster CRWDUSDT | 0.0000% | 8h | 249.97 | +0.197% | $4K | $36K | 20x | as long as short |
| Binance CRWDUSDT | 0.0000% | 8h | 249.60 | +0.048% | $2.5M | $7.4M | 25x | as long as short |
| OKX CRWD-USDT-SWAPlong | 0.0000% | 8h | 249.48 | long leg | $539K | $771K | 25x | |
| Bitget CRWDUSDT | 0.0000% | 8h | 249.73 | +0.100% | $304K | $410K | 20x | as long as short |
| Variational Omni CRWD | 0.0000% | 8h | 249.93 | +0.182% | $67K | $57K | — | as long as short |
| GRVT CRWD_USDT_Perp | 0.0000% | 8h | 249.93 | +0.179% | $792 | $121K | 10x | as long as short |
| SunX CRWD-USDT | 0.0000% | 8h | 249.91 | +0.172% | $1K | $1.1M | 10x | as long as short |
Injective CRWD/USDC PERP
Paragon para:CRWD
Aster CRWDUSDT
Binance CRWDUSDT
Bitget CRWDUSDT
Variational Omni CRWD
GRVT CRWD_USDT_Perp
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 | 250.19 | +0.285% | $6K | $7K | 20x | as long as short |
| Phemex CRWDUSDT | 0.0000% | 8h | 249.60 | +0.048% | $1.5M | $228K | 10x | as long as short |
| BloFin CRWD-USDT | +0.0015% | 8h | 249.71 | +0.092% | $70K | $24K | 25x | as long as short |
| QFEX CRWD-USD | +0.0030% | 1h | 249.35 | −0.052% | $1.2M | $2.7M | 10x | as long as short |
| Extended CRWD_24_5-USD | +0.0048% | 1h | 249.59 | +0.044% | $100K | $150 | 10x | as long as short |
| tradeXYZ xyz:CRWD | +0.0050% | 1h | 249.58 | +0.040% | $889K | $677K | 10x | as long as short |
| KuCoin CRWDUSDTM | +0.0100% | 8h | 249.86 | +0.152% | $34K | $273K | 20x | as long as short |
| Phoenix CRWD | +0.0255% | 1h | 250.06 | +0.232% | $5 | $120K | 10x | as long as short |
HTX CRWD-USDT
Phemex CRWDUSDT
BloFin CRWD-USDT
QFEX CRWD-USD
Extended CRWD_24_5-USD
tradeXYZ xyz:CRWD
KuCoin CRWDUSDTM
Phoenix CRWD