Funding you earn now, next payment 06:00 UTC+0.0243%/8h= +26.6% APRnext payment +$0.30 per $10,000 · paid last 24h +0.009%
Price spread now: tradeXYZ against QFEX+0.076%49s7-day average +0.015% · 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—prices read too far apart to compare
costs, in and out, $10k−$550.555% of the position
Funding, last 4 days (all we have)−0.053%−$5 on $10k
+Price spread, last 4 days (all we have)+0.016%+$2 · spread now +0.076%, 7d avg +0.015%
=Together, before fees−0.037%+ Points / potential airdroptradeXYZ: Active · farm board−$4 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$7 a day on $10k at the current rate, and tradeXYZ is 0.061% dearer against QFEX than usual: you sell high and buy low: +$6 more if the spread goes back to its 7-day average of +0.015%. Mind the row above: over the last 4 days funding on this pair cost −0.053%, so the current rate has only just turned in your favour. The two prices were read 49 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 4 days it paid -0.053% in total (about -5.3% a year). A funding rate is set anew for every payment; at this rate the next one is about +$0.30 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 | QFEX CRWD-USD | 249.66 | 0.0044 | pay 0.0005% / 1h | 45m 42s | $1.2M | $2.6M | 10x |
| Short | tradeXYZ xyz:CRWD | 249.85 | 0.0286 | get 0.0036% / 1h | 45m 42s | $854K | $639K | 10x |
QFEX CRWD-USD
tradeXYZ xyz:CRWDFunding history
latest
Range statsloading…
Price spread between the two exchanges
tradeXYZ 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
- $50.94
- Price spread: +0.076% → +0.015%
- $6.09
- Slippage, 4 orders
- −$27.46
- Fee QFEX: 5 bp × 2 orders
- −$10
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Net
- $1.58
- Costs to cover
- 0.555%
- Break-even
- 6.8 days
Slippage from QFEX: live order book, 2 min ago; tradeXYZ: live order book, 31 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, 2 min ago | 1.20 bp | 8.0 bp −$8 | 19.0 bp −$190 | doesn't fit | doesn't fit |
| Sell tradeXYZ live order book, 31 min ago | 4.20 bp | 21.5 bp −$22 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective CRWD/USDC PERP | −0.0220% | 1h | 246.46 | −1.282% | $22K | $20K | 12x | as long as short |
| BloFin CRWD-USDT | −0.0027% | 8h | 250.15 | +0.196% | $72K | $24K | 25x | as long as short |
| Aster CRWDUSDT | 0.0000% | 8h | 249.72 | +0.026% | $4K | $37K | 20x | as long as short |
| Binance CRWDUSDT | 0.0000% | 8h | 249.95 | +0.114% | $2.4M | $6.8M | 25x | as long as short |
| Bybit CRWDUSDT | 0.0000% | 8h | 249.70 | +0.016% | $1.1M | $531K | 25x | as long as short |
| OKX CRWD-USDT-SWAP | 0.0000% | 8h | 249.75 | +0.036% | $599K | $684K | 25x | as long as short |
| Bitget CRWDUSDT | 0.0000% | 8h | 249.72 | +0.024% | $292K | $416K | 20x | as long as short |
| Variational Omni CRWD | 0.0000% | 8h | 249.91 | +0.101% | $67K | $60K | — | as long as short |
| GRVT CRWD_USDT_Perp | 0.0000% | 8h | 249.97 | +0.122% | $1K | $118K | 10x | as long as short |
| SunX CRWD-USDT | 0.0000% | 8h | 249.96 | +0.120% | $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
Variational Omni CRWD
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 | 250.11 | +0.180% | $6K | $7K | 20x | as long as short |
| Phemex CRWDUSDT | 0.0000% | 8h | 249.94 | +0.112% | $1.5M | $202K | 10x | as long as short |
| QFEX CRWD-USDlong | +0.0044% | 1h | 249.66 | long leg | $1.2M | $2.6M | 10x | |
| Extended CRWD_24_5-USD | +0.0048% | 1h | 249.66 | −0.002% | $100K | — | 10x | as long as short |
| KuCoin CRWDUSDTM | +0.0100% | 8h | 249.92 | +0.104% | $34K | $313K | 20x | as long as short |
| Phoenix CRWD | +0.0160% | 1h | 249.97 | +0.124% | $3 | $106K | 10x | as long as short |
| tradeXYZ xyz:CRWDshort | +0.0286% | 1h | 249.85 | +0.076% | $854K | $639K | 10x | |
| Paragon para:CRWD | +0.0308% | 1h | 249.76 | +0.040% | $84K | $108K | 10x | as long as short |
HTX CRWD-USDT
Phemex CRWDUSDT
Extended CRWD_24_5-USD
KuCoin CRWDUSDTM
Phoenix CRWD
Paragon para:CRWD