Funding you earn now, next payment 02:00 UTC−0.0050%/8h= −5.5% APRpaid last 24h −0.009%
Price spread now: Binance against tradeXYZ+0.053%7-day average −0.041% · you sell dearer than you buy
Net, funding: paid 7d − costs−$41as in the Funding arb table
Net, price: spread back to 7d avg − costs−$55as in the Price arb table
costs, in and out, $10k−$640.643% of the position
Funding, last 7 days+0.233%+$23 on $10k
+Price spread, last 2 days (all we have)−0.145%−$14 · spread now +0.053%, 7d avg −0.041%
=Together, before fees+0.089%+ Points / potential airdroptradeXYZ: Active · farm board+$9 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Binance is 0.094% dearer against tradeXYZ than usual: you sell high and buy low (spread +0.053% now, against its 7-day average of −0.041%): +$9 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 6.3 days. Mind the row above: over the last 7 days funding on this pair paid +0.233%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | tradeXYZ xyz:CRWD | 248.71 | 0.0050 | pay 0.0006% / 1h | 34m 42s | $867K | $632K | 10x |
| Short | Binance CRWDUSDT | 248.84 | 0 | get 0.0000% / 8h | 6h 34m | $2.4M | $6.7M | 25x |
tradeXYZ xyz:CRWD
Binance CRWDUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against tradeXYZ. 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
- −$10.5
- Price spread: +0.053% → −0.041%
- $9.42
- Slippage, 4 orders
- −$36.35
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$65.43
- Costs to cover
- 0.643%
- Break-even
- never at this rate
Slippage from tradeXYZ: live order book, 12 min ago; Binance: live order book, 4 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 tradeXYZ live order book, 12 min ago | 3.01 bp | 19.2 bp −$19 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 4 min ago | 1.21 bp | 13.5 bp −$14 | 51.4 bp −$514 | 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 | 239.49 | −3.707% | $21K | $19K | 12x | as long as short |
| BloFin CRWD-USDT | −0.0017% | 8h | 249.12 | +0.165% | $73K | $24K | 25x | as long as short |
| Aster CRWDUSDT | 0.0000% | 8h | 248.83 | +0.050% | $4K | $37K | 20x | as long as short |
| Binance CRWDUSDTshort | 0.0000% | 8h | 248.84 | +0.053% | $2.4M | $6.7M | 25x | |
| Bybit CRWDUSDT | 0.0000% | 8h | 248.64 | −0.028% | $1.1M | $532K | 25x | as long as short |
| OKX CRWD-USDT-SWAP | 0.0000% | 8h | 248.61 | −0.040% | $614K | $615K | 25x | as long as short |
| Bitget CRWDUSDT | 0.0000% | 8h | 248.86 | +0.060% | $291K | $416K | 20x | as long as short |
| Variational Omni CRWD | 0.0000% | 8h | 248.80 | +0.035% | $67K | $60K | — | as long as short |
| GRVT CRWD_USDT_Perp | 0.0000% | 8h | 248.91 | +0.080% | $956 | $110K | 10x | as long as short |
| SunX CRWD-USDT | 0.0000% | 8h | 248.87 | +0.064% | $2K | $1.2M | 10x | as long as short |
Injective CRWD/USDC PERP
BloFin CRWD-USDT
Aster 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 | 248.99 | +0.113% | $6K | $7K | 20x | as long as short |
| Phemex CRWDUSDT | 0.0000% | 8h | 248.97 | +0.105% | $1.5M | $190K | 10x | as long as short |
| QFEX CRWD-USD | +0.0023% | 1h | 248.80 | +0.036% | $1.2M | $2.8M | 10x | as long as short |
| Extended CRWD_24_5-USD | +0.0048% | 1h | 248.51 | −0.080% | $99K | — | 10x | as long as short |
| tradeXYZ xyz:CRWDlong | +0.0050% | 1h | 248.71 | long leg | $867K | $632K | 10x | |
| KuCoin CRWDUSDTM | +0.0100% | 8h | 248.81 | +0.040% | $34K | $473K | 20x | as long as short |
| Paragon para:CRWD | +0.0231% | 1h | 248.62 | −0.036% | $84K | $108K | 10x | as long as short |
| Phoenix CRWD | +0.0257% | 1h | 248.96 | +0.101% | $5 | $106K | 10x | as long as short |
HTX CRWD-USDT
Phemex CRWDUSDT
QFEX CRWD-USD
Extended CRWD_24_5-USD
KuCoin CRWDUSDTM
Paragon para:CRWD
Phoenix CRWD