Funding you earn now, next payment 05:00 UTC−0.0024%/8h= −2.6% APRpaid last 24h +0.001%
Price spread now: Binance against QFEX+0.028%7-day average +0.027% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$95as in the Price arb table
costs, in and out, $10k−$950.951% of the position
Funding, last 4 days (all we have)+0.004%$0 on $10k
+Price spread, last 7 days−0.008%−$1 · spread now +0.028%, 7d avg +0.027%
=The price spread sits at its 7-day average of +0.027%, so right now this pair is about funding alone: −$1 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | QFEX CRWD-USD | 249.02 | 0.0024 | pay 0.0003% / 1h | 48m 23s | $1.2M | $2.6M | 10x |
| Short | Binance CRWDUSDT | 249.09 | 0 | get 0.0000% / 8h | 3h 48m | $2.4M | $6.7M | 25x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against QFEX. 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
- −$5.06
- Price spread: +0.028% → +0.027%
- $0.13
- Slippage, 4 orders
- −$75.08
- Fee QFEX: 5 bp × 2 orders
- −$10
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$100.01
- Costs to cover
- 0.951%
- Break-even
- never at this rate
Slippage from QFEX: live order book, 4 min ago; Binance: live order book, 5 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 QFEX live order book, 4 min ago | 27.32 bp | 32.7 bp −$33 | 40.1 bp −$401 | doesn't fit | doesn't fit |
| Sell Binance live order book, 5 min ago | 1.21 bp | 12.2 bp −$12 | 55.9 bp −$559 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective CRWD/USDC PERP | −0.0220% | 1h | 245.36 | −1.470% | $22K | $20K | 12x | as long as short |
| Aster CRWDUSDT | 0.0000% | 8h | 248.91 | −0.043% | $4K | $37K | 20x | as long as short |
| Binance CRWDUSDTshort | 0.0000% | 8h | 249.09 | +0.028% | $2.4M | $6.7M | 25x | |
| Bybit CRWDUSDT | 0.0000% | 8h | 248.87 | −0.060% | $1.1M | $530K | 25x | as long as short |
| OKX CRWD-USDT-SWAP | 0.0000% | 8h | 248.94 | −0.032% | $596K | $666K | 25x | as long as short |
| Bitget CRWDUSDT | 0.0000% | 8h | 249.10 | +0.032% | $292K | $416K | 20x | as long as short |
| Variational Omni CRWD | 0.0000% | 8h | 248.93 | −0.036% | $67K | $60K | — | as long as short |
| GRVT CRWD_USDT_Perp | 0.0000% | 8h | 249.07 | +0.018% | $501 | $114K | 10x | as long as short |
| SunX CRWD-USDT | 0.0000% | 8h | 249.01 | −0.004% | $2K | $1.2M | 10x | as long as short |
| HTX CRWD-USDT | 0.0000% | 8h | 249.25 | +0.092% | $6K | $7K | 20x | as long as short |
Show all 18 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Phemex CRWDUSDT | 0.0000% | 8h | 249.06 | +0.016% | $1.5M | $194K | 10x | as long as short |
| BloFin CRWD-USDT | +0.0004% | 8h | 248.94 | −0.032% | $72K | $24K | 25x | as long as short |
| QFEX CRWD-USDlong | +0.0024% | 1h | 249.02 | long leg | $1.2M | $2.6M | 10x | |
| Extended CRWD_24_5-USD | +0.0048% | 1h | 248.90 | −0.048% | $99K | — | 10x | as long as short |
| tradeXYZ xyz:CRWD | +0.0050% | 1h | 248.94 | −0.032% | $861K | $627K | 10x | as long as short |
| KuCoin CRWDUSDTM | +0.0100% | 8h | 248.97 | −0.020% | $34K | $355K | 20x | as long as short |
| Phoenix CRWD | +0.0353% | 1h | 249.22 | +0.080% | $1 | $106K | 10x | as long as short |
| Paragon para:CRWD | +0.0423% | 1h | 248.79 | −0.092% | $84K | $108K | 10x | as long as short |
Binance CRWDUSDT
Injective CRWD/USDC PERP
Aster CRWDUSDT
Bybit CRWDUSDT
OKX CRWD-USDT-SWAP
Bitget CRWDUSDT
Variational Omni CRWD
GRVT CRWD_USDT_Perp
SunX CRWD-USDT
HTX CRWD-USDT
Phemex CRWDUSDT
BloFin CRWD-USDT
Extended CRWD_24_5-USD
tradeXYZ xyz:CRWD
KuCoin CRWDUSDTM
Phoenix CRWD
Paragon para:CRWD