Funding you earn now, next payment 03:00 UTC+0.0050%/8h= +5.5% APRpaid last 24h +0.024%
Price spread now: tradeXYZ against Bybit+0.012%7-day average +0.010% · you sell dearer than you buy
Net, funding: paid 7d − costs−$206as in the Funding arb table
Net, price: spread back to 7d avg − costs−$195as in the Price arb table
costs, in and out, $10k−$1961.956% of the position
Funding, last 7 days−0.106%−$11 on $10k
+Price spread, last 4 days (all we have)−0.063%−$6 · spread now +0.012%, 7d avg +0.010%
=Together, before fees−0.169%+ Points / potential airdroptradeXYZ: Active · farm board−$17 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.010%, so right now this pair is about funding alone: +$2 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair cost −0.106%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit CRWDUSDT | 249.03 | 0 | get 0.0000% / 8h | 5h 00m | $1.1M | $530K | 25x |
| Short | tradeXYZ xyz:CRWD | 249.06 | 0.0050 | get 0.0006% / 1h | 0m 21s | $864K | $626K | 10x |
Bybit CRWDUSDT
tradeXYZ xyz:CRWDFunding history
latest
Range statsloading…
Price spread between the two exchanges
tradeXYZ against Bybit. 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: +0.012% → +0.010%
- $0.18
- Slippage, 4 orders
- −$166.6
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Net
- −$184.92
- Costs to cover
- 1.956%
- Break-even
- 130.3 days
Slippage from Bybit: live order book, 5 min ago; tradeXYZ: live order book, 36 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 Bybit live order book, 5 min ago | 6.42 bp | 40.5 bp −$40 | 194.3 bp −$1,943 | doesn't fit | doesn't fit |
| Sell tradeXYZ live order book, 36 min ago | 3.21 bp | 20.5 bp −$21 | 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 | 240.64 | −3.369% | $21K | $20K | 12x | as long as short |
| BloFin CRWD-USDT | −0.0011% | 8h | 249.30 | +0.108% | $72K | $24K | 25x | as long as short |
| Aster CRWDUSDT | 0.0000% | 8h | 249.15 | +0.049% | $4K | $37K | 20x | as long as short |
| Binance CRWDUSDT | 0.0000% | 8h | 249.31 | +0.114% | $2.4M | $6.7M | 25x | as long as short |
| Bybit CRWDUSDTlong | 0.0000% | 8h | 249.03 | long leg | $1.1M | $530K | 25x | |
| OKX CRWD-USDT-SWAP | 0.0000% | 8h | 249.30 | +0.108% | $601K | $652K | 25x | as long as short |
| Bitget CRWDUSDT | 0.0000% | 8h | 249.17 | +0.056% | $292K | $416K | 20x | as long as short |
| Variational Omni CRWD | 0.0000% | 8h | 249.26 | +0.091% | $67K | $60K | — | as long as short |
| GRVT CRWD_USDT_Perp | 0.0000% | 8h | 249.22 | +0.076% | $1K | $112K | 10x | as long as short |
| SunX CRWD-USDT | 0.0000% | 8h | 249.26 | +0.092% | $2K | $1.2M | 10x | as long as short |
Injective CRWD/USDC PERP
BloFin CRWD-USDT
Aster CRWDUSDT
Binance CRWDUSDT
OKX CRWD-USDT-SWAP
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 | 249.44 | +0.165% | $6K | $7K | 20x | as long as short |
| Phemex CRWDUSDT | 0.0000% | 8h | 249.30 | +0.108% | $1.5M | $191K | 10x | as long as short |
| QFEX CRWD-USD | +0.0046% | 1h | 249.19 | +0.064% | $1.2M | $2.8M | 10x | as long as short |
| Extended CRWD_24_5-USD | +0.0048% | 1h | 248.94 | −0.038% | $99K | — | 10x | as long as short |
| tradeXYZ xyz:CRWDshort | +0.0050% | 1h | 249.06 | +0.012% | $864K | $626K | 10x | |
| KuCoin CRWDUSDTM | +0.0100% | 8h | 249.28 | +0.100% | $34K | $419K | 20x | as long as short |
| Paragon para:CRWD | +0.0274% | 1h | 248.82 | −0.083% | $84K | $108K | 10x | as long as short |
| Phoenix CRWD | +0.0289% | 1h | 249.14 | +0.044% | $6 | $106K | 10x | as long as short |
HTX CRWD-USDT
Phemex CRWDUSDT
QFEX CRWD-USD
Extended CRWD_24_5-USD
KuCoin CRWDUSDTM
Paragon para:CRWD
Phoenix CRWD