Funding you earn now, next payment 01:00 UTC−0.0030%/8h= −3.3% APRpaid last 24h −0.012%
Price spread now: Bybit against QFEX+0.012%7-day average −0.003% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$232as in the Price arb table
costs, in and out, $10k−$2332.332% of the position
Funding, last 3 days (all we have)−0.046%−$5 on $10k
+Price spread, last 7 days−0.043%−$4 · spread now +0.012%, 7d avg −0.003%
=The price spread sits at its 7-day average of −0.003%, so right now this pair is about funding alone: −$1 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | QFEX CRWD-USD | 249.30 | 0.0030 | pay 0.0004% / 1h | 22m 34s | $1.2M | $2.9M | 10x |
| Short | Bybit CRWDUSDT | 249.33 | 0 | get 0.0000% / 8h | 7h 22m | $1.2M | $647K | 25x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against QFEX. 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
- −$6.4
- Price spread: +0.012% → −0.003%
- $1.52
- Slippage, 4 orders
- −$212.19
- Fee QFEX: 5 bp × 2 orders
- −$10
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$238.07
- Costs to cover
- 2.332%
- Break-even
- never at this rate
Slippage from QFEX: live order book, 5 min ago; Bybit: live order book, 3 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 QFEX live order book, 5 min ago | 2.20 bp | 7.5 bp −$7 | 15.6 bp −$156 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 3 min ago | 6.22 bp | 119.2 bp −$119 | 215.1 bp −$2,151 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster CRWDUSDT | 0.0000% | 8h | 249.27 | −0.011% | $4K | $37K | 20x | as long as short |
| Binance CRWDUSDT | 0.0000% | 8h | 249.27 | −0.012% | $2.4M | $6.7M | 25x | as long as short |
| Bybit CRWDUSDTshort | 0.0000% | 8h | 249.33 | +0.012% | $1.2M | $647K | 25x | |
| OKX CRWD-USDT-SWAP | 0.0000% | 8h | 249.53 | +0.092% | $616K | $626K | 25x | as long as short |
| Bitget CRWDUSDT | 0.0000% | 8h | 249.30 | 0.000% | $292K | $416K | 20x | as long as short |
| Variational Omni CRWD | 0.0000% | 8h | 249.56 | +0.106% | $67K | $60K | — | as long as short |
| SunX CRWD-USDT | 0.0000% | 8h | 249.41 | +0.044% | $2K | $1.2M | 10x | as long as short |
| HTX CRWD-USDT | 0.0000% | 8h | 249.77 | +0.189% | $6K | $7K | 20x | as long as short |
| Phemex CRWDUSDT | 0.0000% | 8h | 249.27 | −0.012% | $1.5M | $193K | 10x | as long as short |
| BloFin CRWD-USDT | 0.0000% | 8h | 249.45 | +0.060% | $73K | $24K | 25x | as long as short |
Show all 18 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| QFEX CRWD-USDlong | +0.0030% | 1h | 249.30 | long leg | $1.2M | $2.9M | 10x | |
| Extended CRWD_24_5-USD | +0.0048% | 1h | 249.08 | −0.086% | $99K | — | 10x | as long as short |
| tradeXYZ xyz:CRWD | +0.0075% | 1h | 249.18 | −0.048% | $867K | $634K | 10x | as long as short |
| Paragon para:CRWD | +0.0094% | 1h | 249.40 | +0.040% | $84K | $108K | 10x | as long as short |
| KuCoin CRWDUSDTM | +0.0100% | 8h | 249.45 | +0.060% | $35K | $470K | 20x | as long as short |
| GRVT CRWD_USDT_Perp | +0.0219% | 8h | 249.55 | +0.100% | $1K | $108K | 10x | as long as short |
| Injective CRWD/USDC PERP | +0.0220% | 1h | 238.48 | −4.340% | $21K | $19K | 12x | as long as short |
| Phoenix CRWD | +0.0321% | 1h | 249.63 | +0.132% | $2 | $140K | 10x | as long as short |
Bybit CRWDUSDT
Aster CRWDUSDT
Binance CRWDUSDT
OKX CRWD-USDT-SWAP
Bitget CRWDUSDT
Variational Omni CRWD
SunX CRWD-USDT
HTX CRWD-USDT
Phemex CRWDUSDT
BloFin CRWD-USDT
Extended CRWD_24_5-USD
tradeXYZ xyz:CRWD
Paragon para:CRWD
KuCoin CRWDUSDTM
GRVT CRWD_USDT_Perp
Injective CRWD/USDC PERP
Phoenix CRWD