Funding you earn now, next payment 06:00 UTC−0.0052%/8h= −5.7% APRpaid last 24h −0.009%
Price spread now: BloFin against tradeXYZ+0.199%68s7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 5 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=The price spread pays, funding is against you. BloFin is 0.199% dearer against tradeXYZ than usual: you sell high and buy low (spread +0.199% now, against zero (this spread has no 7-day history yet)): +$20 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 13 days. The two prices were read 68 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | tradeXYZ xyz:CRWD | 251.04 | 0.0068 | pay 0.0009% / 1h | 8m 09s | $893K | $676K | 10x |
| Short | BloFin CRWD-USDT | 251.54 | 0.0016 | get 0.0016% / 8h | 2h 08m | $72K | $24K | 25x |
tradeXYZ xyz:CRWD
BloFin CRWD-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin 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
- −$10.98
- Price spread: +0.199% → 0.000%
- $19.92
- Slippage, 4 orders
- no order book: not counted
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$21.06
- Costs to cover
- 0.300%
- Break-even
- never at this rate
Slippage unknown: tradeXYZ: live order book, 69 min ago; BloFin: 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 tradeXYZ live order book, 69 min ago | 4.20 bp | 18.0 bp −$18 | doesn't fit | doesn't fit | doesn't fit |
| Sell BloFin no order-book sample | — | — | — | — | — |
BloFin: 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 | −1.824% | $22K | $20K | 12x | as long as short |
| Aster CRWDUSDT | 0.0000% | 8h | 251.24 | +0.080% | $4K | $37K | 20x | as long as short |
| Binance CRWDUSDT | 0.0000% | 8h | 251.33 | +0.116% | $2.5M | $7.1M | 25x | as long as short |
| Bybit CRWDUSDT | 0.0000% | 8h | 251.18 | +0.056% | $1.2M | $550K | 25x | as long as short |
| OKX CRWD-USDT-SWAP | 0.0000% | 8h | 251.14 | +0.040% | $601K | $699K | 25x | as long as short |
| Bitget CRWDUSDT | 0.0000% | 8h | 251.13 | +0.036% | $294K | $416K | 20x | as long as short |
| Variational Omni CRWD | 0.0000% | 8h | 251.65 | +0.243% | $68K | $60K | — | as long as short |
| GRVT CRWD_USDT_Perp | 0.0000% | 8h | 251.67 | +0.251% | $1K | $123K | 10x | as long as short |
| SunX CRWD-USDT | 0.0000% | 8h | 251.42 | +0.151% | $2K | $1.2M | 10x | as long as short |
| HTX CRWD-USDT | 0.0000% | 8h | 251.84 | +0.319% | $6K | $7K | 20x | as long as short |
Injective CRWD/USDC PERP
Aster CRWDUSDT
Binance CRWDUSDT
Bybit CRWDUSDT
OKX CRWD-USDT-SWAP
Bitget CRWDUSDT
Variational Omni CRWD
GRVT CRWD_USDT_Perp
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 | 251.34 | +0.120% | $1.5M | $213K | 10x | as long as short |
| BloFin CRWD-USDTshort | +0.0016% | 8h | 251.54 | +0.199% | $72K | $24K | 25x | |
| QFEX CRWD-USD | +0.0044% | 1h | 251.35 | +0.123% | $1.2M | $2.6M | 10x | as long as short |
| Extended CRWD_24_5-USD | +0.0048% | 1h | 251.00 | −0.016% | $100K | — | 10x | as long as short |
| tradeXYZ xyz:CRWDlong | +0.0068% | 1h | 251.04 | long leg | $893K | $676K | 10x | |
| KuCoin CRWDUSDTM | +0.0100% | 8h | 251.18 | +0.056% | $34K | $286K | 20x | as long as short |
| Paragon para:CRWD | +0.0140% | 1h | 251.06 | +0.010% | $85K | $108K | 10x | as long as short |
| Phoenix CRWD | +0.0160% | 1h | 251.36 | +0.127% | $2 | $106K | 10x | as long as short |
Phemex CRWDUSDT
QFEX CRWD-USD
Extended CRWD_24_5-USD
KuCoin CRWDUSDTM
Paragon para:CRWD
Phoenix CRWD