Funding you earn now, next payment 08:00 UTC−0.0015%/8h= −1.6% APRnext payment −$0.15 per $10,000 · paid last 24h 0.000%
Price spread now: BloFin against Phemex−0.024%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 5 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work against this trade now: funding costs $0 a day on $10k at the current rate, and BloFin is 0.024% cheaper against Phemex than usual: you would sell low and buy high (−$2 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phemex CRWDUSDT | 249.10 | 0 | get 0.0000% / 8h | 4h 35m | $1.5M | $192K | 10x |
| Short | BloFin CRWD-USDT | 249.04 | −0.0015 | pay 0.0015% / 8h | 4h 35m | $72K | $24K | 25x |
Phemex CRWDUSDT
BloFin CRWD-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against Phemex. 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
- −$3.08
- Price spread: −0.024% → 0.000%
- −$2.41
- Slippage, 4 orders
- no order book: not counted
- Fee Phemex: 6 bp × 2 orders
- −$12
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$29.49
- Costs to cover
- 0.240%
- Break-even
- never at this rate
Slippage unknown: Phemex: live order book, 3 min ago; BloFin: no order-book sample. Net counts fees only.
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 Phemex live order book, 3 min ago | 3.01 bp | 64.5 bp −$65 | doesn't fit | doesn't fit | doesn't fit |
| Sell BloFin no order-book sample | — | — | — | — | — |
BloFin: 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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Injective CRWD/USDC PERP | −0.0220% | 1h | 245.61 | −1.401% | $22K | $20K | 12x | as long as short |
| BloFin CRWD-USDTshort | −0.0015% | 8h | 249.04 | −0.024% | $72K | $24K | 25x | |
| Aster CRWDUSDT | 0.0000% | 8h | 248.87 | −0.090% | $4K | $37K | 20x | as long as short |
| Binance CRWDUSDT | 0.0000% | 8h | 249.07 | −0.012% | $2.4M | $6.7M | 25x | as long as short |
| Bybit CRWDUSDT | 0.0000% | 8h | 248.70 | −0.161% | $1.1M | $531K | 25x | as long as short |
| OKX CRWD-USDT-SWAP | 0.0000% | 8h | 248.90 | −0.080% | $599K | $658K | 25x | as long as short |
| Bitget CRWDUSDT | 0.0000% | 8h | 249.02 | −0.032% | $291K | $416K | 20x | as long as short |
| Variational Omni CRWD | 0.0000% | 8h | 248.99 | −0.046% | $67K | $60K | — | as long as short |
| GRVT CRWD_USDT_Perp | 0.0000% | 8h | 249.00 | −0.040% | $513 | $113K | 10x | as long as short |
| SunX CRWD-USDT | 0.0000% | 8h | 248.96 | −0.056% | $2K | $1.2M | 10x | as long as short |
Injective CRWD/USDC PERP
Aster CRWDUSDT
Binance CRWDUSDT
Bybit 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 | 249.22 | +0.048% | $6K | $7K | 20x | as long as short |
| Phemex CRWDUSDTlong | 0.0000% | 8h | 249.10 | long leg | $1.5M | $192K | 10x | |
| QFEX CRWD-USD | +0.0040% | 1h | 248.97 | −0.052% | $1.2M | $2.7M | 10x | as long as short |
| Extended CRWD_24_5-USD | +0.0048% | 1h | 248.85 | −0.100% | $99K | — | 10x | as long as short |
| tradeXYZ xyz:CRWD | +0.0050% | 1h | 248.94 | −0.064% | $863K | $626K | 10x | as long as short |
| KuCoin CRWDUSDTM | +0.0100% | 8h | 248.86 | −0.096% | $34K | $396K | 20x | as long as short |
| Phoenix CRWD | +0.0225% | 1h | 249.06 | −0.016% | $4 | $106K | 10x | as long as short |
| Paragon para:CRWD | +0.0408% | 1h | 248.78 | −0.128% | $84K | $108K | 10x | as long as short |
HTX CRWD-USDT
QFEX CRWD-USD
Extended CRWD_24_5-USD
tradeXYZ xyz:CRWD
KuCoin CRWDUSDTM
Phoenix CRWD
Paragon para:CRWD