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

CRWD

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Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0048%/8h= +5.3% APRpaid last 24h +0.014%
Price spread now: Extended against Phemex−0.068%55s7-day average · you buy dearer than you sell
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 7 days+0.098%+$10 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropExtended: Active · farm boardneeds both histories
Funding pays, the price is against you. Extended is 0.068% cheaper against Phemex than usual: you would sell low and buy high (spread −0.068% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$7 on $10k: about 4.7 days of funding at the current rate (+$1 a day). The two prices were read 55 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPhemex CRWDUSDT249.140get 0.0000% / 8h4h 09m$1.5M$192K10x
ShortExtended CRWD_24_5-USD248.970.0048get 0.0006% / 1h9m 23s$99K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended against Phemex. 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
$10.08
Price spread: −0.068% → 0.000%
−$6.82
Slippage, 4 orders
no order book: not counted
Fee Phemex: 6 bp × 2 orders
−$12
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$13.74
Costs to cover
0.170%
Break-even
16.5 days
Slippage unknown: Phemex: live order book, 4 min ago; Extended: 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
LegHalf-spread$10k$100k$1M$5M
Buy Phemex live order book, 4 min ago0.80 bp58.9 bp −$59doesn't fitdoesn't fitdoesn't fit
Sell Extended no order-book sample
Extended: 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%1h245.61−1.417%$22K$20K12xas long as short
Aster CRWDUSDT0.0000%8h249.05−0.035%$4K$37K20xas long as short
Binance CRWDUSDT0.0000%8h249.12−0.010%$2.4M$6.7M25xas long as short
Bybit CRWDUSDT0.0000%8h249.01−0.052%$1.1M$531K25xas long as short
OKX CRWD-USDT-SWAP0.0000%8h249.30+0.064%$600K$658K25xas long as short
Bitget CRWDUSDT0.0000%8h249.10−0.016%$292K$416K20xas long as short
Variational Omni CRWD0.0000%8h249.08−0.025%$67K$60Kas long as short
GRVT CRWD_USDT_Perp0.0000%8h249.16+0.008%$1K$114K10xas long as short
SunX CRWD-USDT0.0000%8h249.01−0.052%$2K$1.2M10xas long as short
HTX CRWD-USDT0.0000%8h249.31+0.068%$6K$7K20xas long as short
Show all 18 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Phemex CRWDUSDTlong0.0000%8h249.14long leg$1.5M$192K10x
BloFin CRWD-USDT+0.0029%8h249.15+0.004%$72K$24K25xas long as short
QFEX CRWD-USD+0.0040%1h249.07−0.028%$1.2M$2.7M10xas long as short
Extended CRWD_24_5-USDshort+0.0048%1h248.97−0.068%$99K10x
tradeXYZ xyz:CRWD+0.0050%1h249.12−0.008%$864K$626K10xas long as short
KuCoin CRWDUSDTM+0.0100%8h249.10−0.016%$34K$372K20xas long as short
Phoenix CRWD+0.0225%1h249.17+0.012%$4$106K10xas long as short
Paragon para:CRWD+0.0342%1h248.92−0.088%$84K$108K10xas long as short