Settings8H · net · $10k
Funding arb · Price arb /

CRWD

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Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC−0.0079%/8h= −8.6% APRpaid last 24h −0.049%
Price spread now: Variational Omni against Paragon−0.036%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropVariational Omni: Active · farm boardneeds both histories
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Variational Omni is 0.036% cheaper against Paragon than usual: you would sell low and buy high (−$4 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongParagon para:CRWD249.500.0079pay 0.0010% / 1h26m 40s$84K$108K10x
ShortVariational Omni CRWD249.410get 0.0000% / 8h7h 26m$67K$60K

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Variational Omni against Paragon. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
−$16.5
Price spread: −0.036% → 0.000%
−$3.55
Slippage, 4 orders
no order book: not counted
Fee Paragon: 5 bp × 2 orders
−$10
Fee Variational Omni: 0 bp × 2 orders
$0
Net
−$30.05
Costs to cover
0.100%
Break-even
never at this rate
Slippage unknown: Paragon: live order book, 29 min ago; Variational Omni: no order-book sample. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Paragon live order book, 29 min ago5.01 bp21.4 bp −$21doesn't fitdoesn't fitdoesn't fit
Sell Variational Omni no order-book sample
Variational Omni: 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster CRWDUSDT0.0000%8h249.42−0.031%$4K$37K20xas long as short
Binance CRWDUSDT0.0000%8h249.66+0.064%$2.4M$6.7M25xas long as short
Bybit CRWDUSDT0.0000%8h249.43−0.028%$1.2M$665K25xas long as short
OKX CRWD-USDT-SWAP0.0000%8h249.25−0.100%$615K$626K25xas long as short
Bitget CRWDUSDT0.0000%8h249.42−0.032%$292K$416K20xas long as short
Variational Omni CRWDshort0.0000%8h249.41−0.036%$67K$60K
SunX CRWD-USDT0.0000%8h249.70+0.080%$2K$1.2M10xas long as short
HTX CRWD-USDT0.0000%8h249.61+0.044%$6K$7K20xas long as short
Phemex CRWDUSDT0.0000%8h249.65+0.060%$1.5M$194K10xas long as short
BloFin CRWD-USDT+0.0027%8h249.500.000%$73K$24K25xas long as short
Show all 18 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
QFEX CRWD-USD+0.0030%1h249.57+0.028%$1.2M$2.9M10xas long as short
Extended CRWD_24_5-USD+0.0048%1h249.31−0.074%$99K10xas long as short
Paragon para:CRWDlong+0.0079%1h249.50long leg$84K$108K10x
KuCoin CRWDUSDTM+0.0100%8h249.51+0.004%$35K$470K20xas long as short
tradeXYZ xyz:CRWD+0.0111%1h249.43−0.028%$868K$633K10xas long as short
GRVT CRWD_USDT_Perp+0.0211%8h249.34−0.063%$975$108K10xas long as short
Injective CRWD/USDC PERP+0.0220%1h238.48−4.417%$21K$19K12xas long as short
Phoenix CRWD+0.0321%1h249.44−0.024%$6$140K10xas long as short