Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Phemex against Binance+0.032%7-day average +0.030% · you sell dearer than you buy
Net, funding: paid 7d − costs−$128as in the Funding arb table
Net, price: spread back to 7d avg − costs−$133as in the Price arb table
costs, in and out, $10k−$1331.331% of the position
Funding, last 7 days+0.050%+$5 on $10k
+Price spread, last 2 days (all we have)+0.015%+$2 · spread now +0.032%, 7d avg +0.030%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance CRWDUSDT | 249.06 | 0 | get 0.0000% / 8h | 5h 50m | $2.4M | $6.7M | 25x |
| Short | Phemex CRWDUSDT | 249.14 | 0 | get 0.0000% / 8h | 5h 50m | $1.5M | $191K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Phemex against Binance. 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
- $0
- Price spread: +0.032% → +0.030%
- $0.18
- Slippage, 4 orders
- −$111.13
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Phemex: 6 bp × 2 orders
- −$12
- Net
- −$132.95
- Costs to cover
- 1.331%
- Break-even
- never at this rate
Slippage from Binance: live order book, 3 min ago; Phemex: live order book, 2 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 Binance live order book, 3 min ago | 1.40 bp | 15.8 bp −$16 | 41.4 bp −$414 | doesn't fit | doesn't fit |
| Sell Phemex live order book, 2 min ago | 3.21 bp | 42.7 bp −$43 | doesn't fit | doesn't fit | doesn't fit |
CRWD on 17 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 | 240.64 | −3.381% | $21K | $20K | 12x | as long as short |
| Aster CRWDUSDT | 0.0000% | 8h | 249.03 | −0.010% | $4K | $37K | 20x | as long as short |
| Binance CRWDUSDTlong | 0.0000% | 8h | 249.06 | long leg | $2.4M | $6.7M | 25x | |
| Bybit CRWDUSDT | 0.0000% | 8h | 248.86 | −0.080% | $1.1M | $529K | 25x | as long as short |
| OKX CRWD-USDT-SWAP | 0.0000% | 8h | 249.14 | +0.032% | $615K | $615K | 25x | as long as short |
| Bitget CRWDUSDT | 0.0000% | 8h | 249.01 | −0.020% | $292K | $416K | 20x | as long as short |
| Variational Omni CRWD | 0.0000% | 8h | 249.01 | −0.021% | $67K | $60K | — | as long as short |
| GRVT CRWD_USDT_Perp | 0.0000% | 8h | 249.12 | +0.024% | $678 | $111K | 10x | as long as short |
| SunX CRWD-USDT | 0.0000% | 8h | 249.03 | −0.012% | $2K | $1.2M | 10x | as long as short |
| HTX CRWD-USDT | 0.0000% | 8h | 249.21 | +0.060% | $6K | $7K | 20x | as long as short |
Show all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Phemex CRWDUSDTshort | 0.0000% | 8h | 249.14 | +0.032% | $1.5M | $191K | 10x | |
| QFEX CRWD-USD | +0.0046% | 1h | 248.96 | −0.040% | $1.2M | $2.8M | 10x | as long as short |
| Extended CRWD_24_5-USD | +0.0048% | 1h | 248.87 | −0.078% | $99K | — | 10x | as long as short |
| tradeXYZ xyz:CRWD | +0.0050% | 1h | 248.90 | −0.064% | $867K | $627K | 10x | as long as short |
| KuCoin CRWDUSDTM | +0.0100% | 8h | 249.01 | −0.020% | $34K | $454K | 20x | as long as short |
| Phoenix CRWD | +0.0289% | 1h | 249.02 | −0.016% | $2 | $106K | 10x | as long as short |
| Paragon para:CRWD | +0.0339% | 1h | 248.66 | −0.161% | $84K | $108K | 10x | as long as short |
Binance CRWDUSDT
Phemex CRWDUSDT
Injective CRWD/USDC PERP
Aster CRWDUSDT
Bybit CRWDUSDT
OKX CRWD-USDT-SWAP
Bitget CRWDUSDT
Variational Omni CRWD
GRVT CRWD_USDT_Perp
SunX CRWD-USDT
HTX CRWD-USDT
Extended CRWD_24_5-USD
tradeXYZ xyz:CRWD
KuCoin CRWDUSDTM
Phoenix CRWD
Paragon para:CRWD