Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.005%
Price spread now: GRVT against Phemex+0.019%77s7-day average −0.002% · you sell dearer than you buy
Net, funding: paid 7d − costs−$161as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$1471.475% of the position
Funding, last 7 days−0.137%−$14 on $10k
+Price spread, last 3 days (all we have)−0.030%−$3 · spread now +0.019%, 7d avg −0.002%
=Together, before fees−0.168%+ Points / potential airdropGRVT: Active · farm board−$17 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: GRVT is 0.021% dearer against Phemex than usual: you sell high and buy low, +$2 on $10k if it goes back to its 7-day average of −0.002%. The two prices were read 77 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 | Phemex CRWDUSDT | 248.83 | 0 | get 0.0000% / 8h | 18m 10s | $1.5M | $199K | 10x |
| Short | GRVT CRWD_USDT_Perp | 248.88 | 0 | get 0.0000% / 8h | 18m 10s | $438 | $109K | 10x |
Phemex CRWDUSDT
GRVT CRWD_USDT_PerpFunding history
latest
Range statsloading…
Price spread between the two exchanges
GRVT against Phemex. 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: +0.019% → −0.002%
- $2.11
- Slippage, 4 orders
- −$126.49
- Fee Phemex: 6 bp × 2 orders
- −$12
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Net
- −$145.39
- Costs to cover
- 1.475%
- Break-even
- never at this rate
Slippage from Phemex: live order book, 5 min ago; GRVT: live order book, 58 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 Phemex live order book, 5 min ago | 4.22 bp | 46.0 bp −$46 | doesn't fit | doesn't fit | doesn't fit |
| Sell GRVT live order book, 58 min ago | 3.22 bp | 23.7 bp −$24 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster CRWDUSDT | 0.0000% | 8h | 248.74 | −0.035% | $4K | $37K | 20x | as long as short |
| Binance CRWDUSDT | 0.0000% | 8h | 248.83 | 0.000% | $2.4M | $6.9M | 25x | as long as short |
| Bybit CRWDUSDT | 0.0000% | 8h | 248.64 | −0.076% | $1.1M | $674K | 25x | as long as short |
| OKX CRWD-USDT-SWAP | 0.0000% | 8h | 248.74 | −0.036% | $619K | $661K | 25x | as long as short |
| Bitget CRWDUSDT | 0.0000% | 8h | 248.78 | −0.020% | $291K | $482K | 20x | as long as short |
| Variational Omni CRWD | 0.0000% | 8h | 248.88 | +0.019% | $67K | $60K | — | as long as short |
| GRVT CRWD_USDT_Perpshort | 0.0000% | 8h | 248.88 | +0.019% | $438 | $109K | 10x | |
| SunX CRWD-USDT | 0.0000% | 8h | 248.86 | +0.012% | $2K | $1.3M | 10x | as long as short |
| HTX CRWD-USDT | 0.0000% | 8h | 249.11 | +0.113% | $6K | $8K | 20x | as long as short |
| Phemex CRWDUSDTlong | 0.0000% | 8h | 248.83 | long leg | $1.5M | $199K | 10x |
Aster CRWDUSDT
Binance CRWDUSDT
Bybit CRWDUSDT
OKX CRWD-USDT-SWAP
Bitget CRWDUSDT
Variational Omni CRWD
SunX CRWD-USDT
HTX CRWD-USDTShow all 18 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| QFEX CRWD-USD | +0.0028% | 1h | 248.94 | +0.044% | $1.2M | $3.0M | 10x | as long as short |
| BloFin CRWD-USDT | +0.0029% | 8h | 248.88 | +0.020% | $73K | $25K | 25x | as long as short |
| Extended CRWD_24_5-USD | +0.0048% | 1h | 248.59 | −0.097% | $99K | — | 10x | as long as short |
| tradeXYZ xyz:CRWD | +0.0050% | 1h | 248.67 | −0.064% | $864K | $653K | 10x | as long as short |
| KuCoin CRWDUSDTM | +0.0100% | 8h | 248.85 | +0.008% | $34K | $486K | 20x | as long as short |
| Injective CRWD/USDC PERP | +0.0220% | 1h | 251.38 | +1.025% | $15K | $103 | 12x | as long as short |
| Phoenix CRWD | +0.0257% | 1h | 248.78 | −0.020% | $4 | $155K | 10x | as long as short |
| Paragon para:CRWD | +0.0320% | 1h | 248.66 | −0.069% | $84K | $113K | 10x | as long as short |
QFEX CRWD-USD
BloFin CRWD-USDT
Extended CRWD_24_5-USD
tradeXYZ xyz:CRWD
KuCoin CRWDUSDTM
Injective CRWD/USDC PERP
Phoenix CRWD
Paragon para:CRWD