Funding you earn now, next payment 04:00 UTC−0.0353%/8h= −38.7% APRpaid last 24h −0.071%
Price spread now: Aster against Phoenix−0.152%85s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 6 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work against this trade now: funding costs −$11 a day on $10k at the current rate, and Aster is 0.152% cheaper against Phoenix than usual: you would sell low and buy high (−$15 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 85 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 | Phoenix CRWD | 249.22 | 0.0353 | pay 0.0044% / 1h | 52m 04s | $3 | $106K | 10x |
| Short | Aster CRWDUSDT | 248.84 | 0 | get 0.0000% / 8h | 3h 52m | $4K | $37K | 20x |
Phoenix CRWD
Aster CRWDUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Aster against Phoenix. 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
- −$74.16
- Price spread: −0.152% → 0.000%
- −$15.21
- Slippage, 4 orders
- no order book: not counted
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- −$104.37
- Costs to cover
- 0.150%
- Break-even
- never at this rate
Slippage unknown: Phoenix: live order book, 58 min ago; Aster: 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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Phoenix live order book, 58 min ago | 4.01 bp | 21.9 bp −$22 | 90.4 bp −$904 | doesn't fit | doesn't fit |
| Sell Aster no order-book sample | — | — | — | — | — |
Aster: 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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Injective CRWD/USDC PERP | −0.0220% | 1h | 245.36 | −1.549% | $22K | $20K | 12x | as long as short |
| Aster CRWDUSDTshort | 0.0000% | 8h | 248.84 | −0.152% | $4K | $37K | 20x | |
| Binance CRWDUSDT | 0.0000% | 8h | 248.95 | −0.108% | $2.4M | $6.7M | 25x | as long as short |
| Bybit CRWDUSDT | 0.0000% | 8h | 248.74 | −0.193% | $1.1M | $530K | 25x | as long as short |
| OKX CRWD-USDT-SWAP | 0.0000% | 8h | 248.91 | −0.124% | $596K | $665K | 25x | as long as short |
| Bitget CRWDUSDT | 0.0000% | 8h | 249.11 | −0.044% | $292K | $416K | 20x | as long as short |
| Variational Omni CRWD | 0.0000% | 8h | 249.22 | −0.001% | $67K | $60K | — | as long as short |
| GRVT CRWD_USDT_Perp | 0.0000% | 8h | 249.21 | −0.004% | $501 | $114K | 10x | as long as short |
| SunX CRWD-USDT | 0.0000% | 8h | 249.04 | −0.072% | $2K | $1.2M | 10x | as long as short |
| HTX CRWD-USDT | 0.0000% | 8h | 249.13 | −0.036% | $6K | $7K | 20x | as long as short |
Injective CRWD/USDC PERP
Binance CRWDUSDT
Bybit CRWDUSDT
OKX CRWD-USDT-SWAP
Bitget CRWDUSDT
Variational Omni CRWD
GRVT CRWD_USDT_Perp
SunX CRWD-USDT
HTX CRWD-USDTShow all 18 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Phemex CRWDUSDT | 0.0000% | 8h | 248.95 | −0.108% | $1.5M | $194K | 10x | as long as short |
| BloFin CRWD-USDT | +0.0016% | 8h | 248.92 | −0.120% | $72K | $24K | 25x | as long as short |
| QFEX CRWD-USD | +0.0024% | 1h | 248.96 | −0.104% | $1.2M | $2.6M | 10x | as long as short |
| Extended CRWD_24_5-USD | +0.0048% | 1h | 248.81 | −0.163% | $99K | — | 10x | as long as short |
| tradeXYZ xyz:CRWD | +0.0050% | 1h | 248.92 | −0.120% | $861K | $627K | 10x | as long as short |
| KuCoin CRWDUSDTM | +0.0100% | 8h | 248.89 | −0.132% | $34K | $357K | 20x | as long as short |
| Phoenix CRWDlong | +0.0353% | 1h | 249.22 | long leg | $3 | $106K | 10x | |
| Paragon para:CRWD | +0.0467% | 1h | 248.82 | −0.160% | $84K | $108K | 10x | as long as short |
Phemex CRWDUSDT
BloFin CRWD-USDT
QFEX CRWD-USD
Extended CRWD_24_5-USD
tradeXYZ xyz:CRWD
KuCoin CRWDUSDTM
Paragon para:CRWD