Settings8H · net · $10k
Funding arb · Price arb /

CRWD

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Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC+0.0128%/8h= +14.0% APRpaid last 24h +0.073%
Price spread now: Phoenix against Variational Omni+0.024%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropVariational Omni: Active · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and Phoenix is 0.024% dearer against Variational Omni than usual: you sell high and buy low: +$2 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni CRWD250.800get 0.0000% / 8h22m 40s$68K$60K
ShortPhoenix CRWD250.860.0128get 0.0016% / 1h22m 40s$7$121K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Phoenix against Variational Omni. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$26.84
Price spread: +0.024% → 0.000%
$2.45
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee Phoenix: 3.5 bp × 2 orders
−$7
Net
$22.29
Costs to cover
0.070%
Break-even
1.2 days
Slippage unknown: Variational Omni: no order-book sample; Phoenix: live order book, 8 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Variational Omni no order-book sample
Sell Phoenix live order book, 8 min ago3.19 bp19.6 bp −$2061.1 bp −$611doesn't fitdoesn't fit
Variational Omni: 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective CRWD/USDC PERP−0.0220%1h246.01−1.909%$22K$20K12xas long as short
Aster CRWDUSDT0.0000%8h250.67−0.050%$4K$35K20xas long as short
Binance CRWDUSDT0.0000%8h250.73−0.027%$2.5M$7.3M25xas long as short
Bybit CRWDUSDT0.0000%8h250.55−0.099%$1.2M$441K25xas long as short
OKX CRWD-USDT-SWAP0.0000%8h250.85+0.020%$547K$765K25xas long as short
Bitget CRWDUSDT0.0000%8h250.65−0.059%$305K$443K20xas long as short
Variational Omni CRWDlong0.0000%8h250.80long leg$68K$60K
SunX CRWD-USDT0.0000%8h250.63−0.067%$2K$1.1M10xas long as short
HTX CRWD-USDT0.0000%8h250.85+0.020%$6K$7K20xas long as short
Phemex CRWDUSDT0.0000%8h250.73−0.027%$1.5M$221K10xas long as short
Show all 18 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
QFEX CRWD-USD+0.0017%1h250.78−0.007%$1.2M$2.7M10xas long as short
GRVT CRWD_USDT_Perp+0.0019%8h250.72−0.031%$481$125K10xas long as short
BloFin CRWD-USDT+0.0019%8h250.65−0.059%$70K$24K25xas long as short
Extended CRWD_24_5-USD+0.0048%1h250.43−0.149%$100K10xas long as short
tradeXYZ xyz:CRWD+0.0074%1h250.47−0.131%$893K$676K10xas long as short
KuCoin CRWDUSDTM+0.0100%8h250.60−0.079%$34K$236K20xas long as short
Phoenix CRWDshort+0.0128%1h250.86+0.024%$7$121K10x
Paragon para:CRWD+0.0332%1h250.43−0.148%$84K$108K10xas long as short