Funding you earn now, next payment 07:00 UTC+0.0032%/8h= +3.6% APRnext payment +$0.04 per $10,000 · paid last 24h +0.064%
Price spread now: Phoenix against tradeXYZ+0.076%7-day average +0.077% · you sell dearer than you buy
Net, funding: paid 7d − costs−$43as in the Funding arb table
Net, price: spread back to 7d avg − costs−$87as in the Price arb table
costs, in and out, $10k−$870.869% of the position
Funding, last 7 days+0.441%+$44 on $10k
+Price spread, last 4 days (all we have)−0.705%−$70 · spread now +0.076%, 7d avg +0.077%
=Together, before fees−0.264%+ Points / potential airdroptradeXYZ: Active · farm board−$26 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.077%, 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 | tradeXYZ xyz:CRWD | 250.44 | 0.0095 | pay 0.0012% / 1h | 6m 57s | $892K | $676K | 10x |
| Short | Phoenix CRWD | 250.63 | 0.0128 | get 0.0016% / 1h | 6m 57s | $4 | $121K | 10x |
tradeXYZ xyz:CRWD
Phoenix CRWDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Phoenix 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
- $6.82
- Price spread: +0.076% → +0.077%
- −$0.11
- Slippage, 4 orders
- −$61.9
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Net
- −$80.2
- Costs to cover
- 0.869%
- Break-even
- 89.3 days
Slippage from tradeXYZ: live order book, 50 min ago; Phoenix: live order book, 23 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, 50 min ago | 3.80 bp | 21.9 bp −$22 | doesn't fit | doesn't fit | doesn't fit |
| Sell Phoenix live order book, 23 min ago | 3.19 bp | 19.6 bp −$20 | 61.1 bp −$611 | 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 | 246.01 | −1.769% | $22K | $20K | 12x | as long as short |
| BloFin CRWD-USDT | −0.0024% | 8h | 250.70 | +0.104% | $70K | $24K | 25x | as long as short |
| Aster CRWDUSDT | 0.0000% | 8h | 250.57 | +0.053% | $4K | $35K | 20x | as long as short |
| Binance CRWDUSDT | 0.0000% | 8h | 250.65 | +0.084% | $2.5M | $7.3M | 25x | as long as short |
| Bybit CRWDUSDT | 0.0000% | 8h | 250.24 | −0.080% | $1.1M | $440K | 25x | as long as short |
| OKX CRWD-USDT-SWAP | 0.0000% | 8h | 250.56 | +0.048% | $545K | $766K | 25x | as long as short |
| Bitget CRWDUSDT | 0.0000% | 8h | 250.45 | +0.004% | $305K | $411K | 20x | as long as short |
| Variational Omni CRWD | 0.0000% | 8h | 250.84 | +0.159% | $68K | $56K | — | as long as short |
| SunX CRWD-USDT | 0.0000% | 8h | 250.54 | +0.040% | $2K | $1.1M | 10x | as long as short |
| HTX CRWD-USDT | 0.0000% | 8h | 250.84 | +0.160% | $6K | $7K | 20x | 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
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 | 250.66 | +0.088% | $1.5M | $221K | 10x | as long as short |
| QFEX CRWD-USD | +0.0017% | 1h | 250.66 | +0.088% | $1.2M | $2.7M | 10x | as long as short |
| GRVT CRWD_USDT_Perp | +0.0044% | 8h | 250.84 | +0.160% | $446 | $124K | 10x | as long as short |
| Extended CRWD_24_5-USD | +0.0048% | 1h | 250.39 | −0.020% | $100K | — | 10x | as long as short |
| tradeXYZ xyz:CRWDlong | +0.0095% | 1h | 250.44 | long leg | $892K | $676K | 10x | |
| KuCoin CRWDUSDTM | +0.0100% | 8h | 250.66 | +0.088% | $34K | $250K | 20x | as long as short |
| Phoenix CRWDshort | +0.0128% | 1h | 250.63 | +0.076% | $4 | $121K | 10x | |
| Paragon para:CRWD | +0.0397% | 1h | 250.41 | −0.012% | $84K | $108K | 10x | as long as short |
Phemex CRWDUSDT
QFEX CRWD-USD
GRVT CRWD_USDT_Perp
Extended CRWD_24_5-USD
KuCoin CRWDUSDTM
Paragon para:CRWD