Funding you earn now, next payment 05:00 UTC−0.0160%/8h= −17.5% APRpaid last 24h −0.072%
Price spread now: Variational Omni against Phoenix−0.131%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no 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 −$5 a day on $10k at the current rate, and Variational Omni is 0.131% cheaper against Phoenix than usual: you would sell low and buy high (−$13 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phoenix CRWD | 250.21 | 0.0160 | pay 0.0020% / 1h | 51m 00s | $6 | $106K | 10x |
| Short | Variational Omni CRWD | 249.88 | 0 | get 0.0000% / 8h | 2h 51m | $67K | $60K | — |
Phoenix CRWD
Variational Omni CRWDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni 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
- −$33.61
- Price spread: −0.131% → 0.000%
- −$13.14
- Slippage, 4 orders
- no order book: not counted
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$53.75
- Costs to cover
- 0.070%
- Break-even
- never at this rate
Slippage unknown: Phoenix: live order book, 54 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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Phoenix live order book, 54 min ago | 2.41 bp | 15.9 bp −$16 | 62.3 bp −$623 | doesn't fit | doesn'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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Injective CRWD/USDC PERP | −0.0220% | 1h | 246.46 | −1.499% | $22K | $20K | 12x | as long as short |
| BloFin CRWD-USDT | 0.0000% | 8h | 250.46 | +0.100% | $72K | $24K | 25x | as long as short |
| Aster CRWDUSDT | 0.0000% | 8h | 249.94 | −0.109% | $4K | $37K | 20x | as long as short |
| Binance CRWDUSDT | 0.0000% | 8h | 249.96 | −0.100% | $2.4M | $6.8M | 25x | as long as short |
| Bybit CRWDUSDT | 0.0000% | 8h | 249.90 | −0.124% | $1.2M | $530K | 25x | as long as short |
| OKX CRWD-USDT-SWAP | 0.0000% | 8h | 249.97 | −0.096% | $600K | $680K | 25x | as long as short |
| Bitget CRWDUSDT | 0.0000% | 8h | 250.01 | −0.080% | $293K | $416K | 20x | as long as short |
| Variational Omni CRWDshort | 0.0000% | 8h | 249.88 | −0.131% | $67K | $60K | — | |
| GRVT CRWD_USDT_Perp | 0.0000% | 8h | 250.29 | +0.033% | $1K | $118K | 10x | as long as short |
| SunX CRWD-USDT | 0.0000% | 8h | 249.83 | −0.152% | $2K | $1.2M | 10x | as long as short |
Injective CRWD/USDC PERP
BloFin CRWD-USDT
Aster CRWDUSDT
Binance CRWDUSDT
Bybit CRWDUSDT
OKX CRWD-USDT-SWAP
Bitget CRWDUSDT
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 | 250.09 | −0.048% | $6K | $7K | 20x | as long as short |
| Phemex CRWDUSDT | 0.0000% | 8h | 249.96 | −0.100% | $1.5M | $202K | 10x | as long as short |
| QFEX CRWD-USD | +0.0044% | 1h | 250.28 | +0.028% | $1.2M | $2.6M | 10x | as long as short |
| Extended CRWD_24_5-USD | +0.0048% | 1h | 249.66 | −0.220% | $100K | — | 10x | as long as short |
| KuCoin CRWDUSDTM | +0.0100% | 8h | 250.09 | −0.048% | $34K | $316K | 20x | as long as short |
| Phoenix CRWDlong | +0.0160% | 1h | 250.21 | long leg | $6 | $106K | 10x | |
| tradeXYZ xyz:CRWD | +0.0403% | 1h | 249.92 | −0.116% | $854K | $639K | 10x | as long as short |
| Paragon para:CRWD | +0.0516% | 1h | 250.26 | +0.022% | $84K | $108K | 10x | as long as short |
HTX CRWD-USDT
Phemex CRWDUSDT
QFEX CRWD-USD
Extended CRWD_24_5-USD
KuCoin CRWDUSDTM
tradeXYZ xyz:CRWD
Paragon para:CRWD