Funding you earn now, next payment 04:00 UTC−0.0050%/8h= −5.5% APRpaid last 24h −0.009%
Price spread now: OKX against tradeXYZ−0.028%7-day average +0.044% · you buy dearer than you sell
Net, funding: paid 7d − costs−$66as in the Funding arb table
Net, price: spread back to 7d avg − costs−$96as in the Price arb table
costs, in and out, $10k−$890.891% of the position
Funding, last 7 days+0.233%+$23 on $10k
+Price spread, last 4 days (all we have)+0.001%$0 · spread now −0.028%, 7d avg +0.044%
=Together, before fees+0.234%+ Points / potential airdroptradeXYZ: Active · farm board+$23 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and OKX is 0.072% cheaper against tradeXYZ than usual: you would sell low and buy high (−$7 if the spread goes back to its 7-day average of +0.044%). Swap the legs. 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 | 248.97 | 0.0050 | pay 0.0006% / 1h | 34m 12s | $863K | $626K | 10x |
| Short | OKX CRWD-USDT-SWAP | 248.90 | 0 | get 0.0000% / 8h | 4h 34m | $599K | $658K | 25x |
tradeXYZ xyz:CRWD
OKX CRWD-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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: −0.028% → +0.044%
- −$7.18
- Slippage, 4 orders
- −$61.09
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$106.78
- Costs to cover
- 0.891%
- Break-even
- never at this rate
Slippage from tradeXYZ: live order book, 62 min ago; OKX: live order book, 22 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, 62 min ago | 3.21 bp | 16.9 bp −$17 | 35.8 bp −$358 | doesn't fit | doesn't fit |
| Sell OKX live order book, 22 min ago | 0.20 bp | 37.9 bp −$38 | 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 | 245.61 | −1.350% | $22K | $20K | 12x | as long as short |
| BloFin CRWD-USDT | −0.0015% | 8h | 249.04 | +0.028% | $72K | $24K | 25x | as long as short |
| Aster CRWDUSDT | 0.0000% | 8h | 248.85 | −0.048% | $4K | $37K | 20x | as long as short |
| Binance CRWDUSDT | 0.0000% | 8h | 249.01 | +0.016% | $2.4M | $6.7M | 25x | as long as short |
| Bybit CRWDUSDT | 0.0000% | 8h | 248.67 | −0.120% | $1.1M | $531K | 25x | as long as short |
| OKX CRWD-USDT-SWAPshort | 0.0000% | 8h | 248.90 | −0.028% | $599K | $658K | 25x | |
| Bitget CRWDUSDT | 0.0000% | 8h | 249.00 | +0.012% | $291K | $416K | 20x | as long as short |
| Variational Omni CRWD | 0.0000% | 8h | 248.99 | +0.007% | $67K | $60K | — | as long as short |
| GRVT CRWD_USDT_Perp | 0.0000% | 8h | 249.00 | +0.012% | $513 | $113K | 10x | as long as short |
| SunX CRWD-USDT | 0.0000% | 8h | 248.92 | −0.020% | $2K | $1.2M | 10x | as long as short |
Injective CRWD/USDC PERP
BloFin CRWD-USDT
Aster CRWDUSDT
Binance CRWDUSDT
Bybit CRWDUSDT
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 | 249.22 | +0.100% | $6K | $7K | 20x | as long as short |
| Phemex CRWDUSDT | 0.0000% | 8h | 249.05 | +0.032% | $1.5M | $192K | 10x | as long as short |
| QFEX CRWD-USD | +0.0040% | 1h | 248.95 | −0.008% | $1.2M | $2.7M | 10x | as long as short |
| Extended CRWD_24_5-USD | +0.0048% | 1h | 248.82 | −0.060% | $99K | — | 10x | as long as short |
| tradeXYZ xyz:CRWDlong | +0.0050% | 1h | 248.97 | long leg | $863K | $626K | 10x | |
| KuCoin CRWDUSDTM | +0.0100% | 8h | 248.85 | −0.048% | $34K | $395K | 20x | as long as short |
| Phoenix CRWD | +0.0225% | 1h | 249.06 | +0.036% | $4 | $106K | 10x | as long as short |
| Paragon para:CRWD | +0.0403% | 1h | 248.78 | −0.076% | $84K | $108K | 10x | as long as short |
HTX CRWD-USDT
Phemex CRWDUSDT
QFEX CRWD-USD
Extended CRWD_24_5-USD
KuCoin CRWDUSDTM
Phoenix CRWD
Paragon para:CRWD