Funding you earn now, next payment 00:00 UTC−0.0273%/8h= −29.9% APRnext payment −$0.34 per $10,000 · paid last 24h −0.053%
Price spread now: Extended against Phoenix−0.227%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.069%−$7 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work against this trade now: funding costs −$8 a day on $10k at the current rate, and Extended is 0.227% cheaper against Phoenix than usual: you would sell low and buy high (−$23 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.069% in total (about -3.6% a year). A funding rate is set anew for every payment; at this rate the next one is about −$0.34 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 | Phoenix CRWD | 249.28 | 0.0321 | pay 0.0040% / 1h | 53m 05s | $5 | $140K | 10x |
| Short | Extended CRWD_24_5-USD | 248.72 | 0.0048 | get 0.0006% / 1h | 53m 05s | $99K | — | 10x |
Phoenix CRWD
Extended CRWD_24_5-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Extended 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
- −$57.38
- Price spread: −0.227% → 0.000%
- −$22.67
- Slippage, 4 orders
- no order book: not counted
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$92.05
- Costs to cover
- 0.120%
- Break-even
- never at this rate
Slippage unknown: Phoenix: live order book, 13 min ago; Extended: 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, 13 min ago | 2.41 bp | 15.9 bp −$16 | 62.4 bp −$624 | doesn't fit | doesn't fit |
| Sell Extended no order-book sample | — | — | — | — | — |
Extended: 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 | |
|---|---|---|---|---|---|---|---|---|
| Paragon para:CRWD | −0.0149% | 1h | 249.22 | −0.024% | $84K | $113K | 10x | as long as short |
| BloFin CRWD-USDT | −0.0005% | 8h | 249.55 | +0.108% | $72K | $25K | 25x | as long as short |
| Aster CRWDUSDT | 0.0000% | 8h | 249.21 | −0.028% | $4K | $37K | 20x | as long as short |
| Binance CRWDUSDT | 0.0000% | 8h | 249.44 | +0.062% | $2.4M | $6.8M | 25x | as long as short |
| Bybit CRWDUSDT | 0.0000% | 8h | 249.13 | −0.060% | $1.2M | $665K | 25x | as long as short |
| OKX CRWD-USDT-SWAP | 0.0000% | 8h | 249.20 | −0.032% | $620K | $643K | 25x | as long as short |
| Bitget CRWDUSDT | 0.0000% | 8h | 249.22 | −0.024% | $292K | $417K | 20x | as long as short |
| Variational Omni CRWD | 0.0000% | 8h | 249.70 | +0.169% | $67K | $60K | — | as long as short |
| SunX CRWD-USDT | 0.0000% | 8h | 249.41 | +0.052% | $2K | $1.3M | 10x | as long as short |
| HTX CRWD-USDT | 0.0000% | 8h | 249.66 | +0.152% | $6K | $7K | 20x | as long as short |
Paragon para:CRWD
BloFin CRWD-USDT
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 | |
|---|---|---|---|---|---|---|---|---|
| Phemex CRWDUSDT | 0.0000% | 8h | 249.41 | +0.052% | $1.5M | $197K | 10x | as long as short |
| QFEX CRWD-USD | +0.0030% | 1h | 249.33 | +0.020% | $1.2M | $3.0M | 10x | as long as short |
| Extended CRWD_24_5-USDshort | +0.0048% | 1h | 248.72 | −0.227% | $99K | — | 10x | |
| KuCoin CRWDUSDTM | +0.0100% | 8h | 249.45 | +0.068% | $35K | $470K | 20x | as long as short |
| Injective CRWD/USDC PERP | +0.0220% | 1h | 238.48 | −4.332% | $21K | $19K | 12x | as long as short |
| Phoenix CRWDlong | +0.0321% | 1h | 249.28 | long leg | $5 | $140K | 10x | |
| GRVT CRWD_USDT_Perp | +0.0441% | 8h | 249.41 | +0.051% | $581 | $108K | 10x | as long as short |
| tradeXYZ xyz:CRWD | +0.0683% | 1h | 249.08 | −0.080% | $865K | $655K | 10x | as long as short |
Phemex CRWDUSDT
QFEX CRWD-USD
KuCoin CRWDUSDTM
Injective CRWD/USDC PERP
GRVT CRWD_USDT_Perp
tradeXYZ xyz:CRWD