CRWD

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC+0.0123%/8h= +13.5% APRnext payment +$0.15 per $10,000 · paid last 24h +0.012%

Price spread now: tradeXYZ against QFEX−0.072%7-day average +0.016% · you buy dearer than you sell

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$66as in the Price arb table

costs, in and out, $10k−$570.570% of the position

Long on QFEX Short on tradeXYZ

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)−0.053%−$5 on $10k

Price spread, last 4 days (all we have)+0.309%+$31 · spread now −0.072%, 7d avg +0.016%

Together, before fees+0.256%+ Points / potential airdroptradeXYZ: Active · farm board+$26 on $10k · with fees, hour by hour

Funding pays, the price is against you. tradeXYZ is 0.088% cheaper against QFEX than usual: you would sell low and buy high (spread −0.072% now, against its 7-day average of +0.016%). If the spread goes back, that is −$9 on $10k: about 2.4 days of funding at the current rate (+$4 a day). Mind the row above: over the last 4 days funding on this pair cost −0.053%, 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	QFEX CRWD-USD	249.20	0.0046	pay 0.0006% / 1h	59m 20s	$1.2M	$2.8M	10x
Short	tradeXYZ xyz:CRWD	249.02	0.0169	get 0.0021% / 1h	59m 20s	$863K	$626K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

tradeXYZ against QFEX. 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

Position, each leg$Hold fordaysFee QFEXbpFee tradeXYZbpOrdersPrice spread, now −0.072%Rate

Funding earned: $25.86
Price spread: −0.072% → +0.016%: −$8.84
Slippage, 4 orders: −$28.97
Fee QFEX: 5 bp × 2 orders: −$10
Fee tradeXYZ: 9 bp × 2 orders: −$18
Net: −$39.95
Costs to cover: 0.570%
Break-even: 17.8 days

Slippage from QFEX: live order book, 3 min ago; tradeXYZ: live order book, 37 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, 3 min ago	1.80 bp	8.8 bp −$9	16.3 bp −$163	doesn't fit	doesn't fit
Sell tradeXYZ live order book, 37 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	245.61	−1.441%	$22K	$20K	12x	as long as short
BloFin CRWD-USDT	−0.0011%	8h	249.30	+0.040%	$72K	$24K	25x	as long as short
Aster CRWDUSDT	0.0000%	8h	249.13	−0.030%	$4K	$37K	20x	as long as short
Binance CRWDUSDT	0.0000%	8h	249.23	+0.013%	$2.4M	$6.7M	25x	as long as short
Bybit CRWDUSDT	0.0000%	8h	248.95	−0.100%	$1.1M	$529K	25x	as long as short
OKX CRWD-USDT-SWAP	0.0000%	8h	249.30	+0.040%	$601K	$652K	25x	as long as short
Bitget CRWDUSDT	0.0000%	8h	249.17	−0.012%	$292K	$416K	20x	as long as short
Variational Omni CRWD	0.0000%	8h	249.26	+0.023%	$67K	$60K	—	as long as short
GRVT CRWD_USDT_Perp	0.0000%	8h	249.22	+0.008%	$1K	$112K	10x	as long as short
SunX CRWD-USDT	0.0000%	8h	249.17	−0.012%	$2K	$1.2M	10x	as long as short

Show 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	+0.096%	$6K	$7K	20x	as long as short
Phemex CRWDUSDT	0.0000%	8h	249.33	+0.052%	$1.5M	$191K	10x	as long as short
QFEX CRWD-USDlong	+0.0046%	1h	249.20	long leg	$1.2M	$2.8M	10x
Extended CRWD_24_5-USD	+0.0048%	1h	248.88	−0.128%	$99K	—	10x	as long as short
KuCoin CRWDUSDTM	+0.0100%	8h	249.21	+0.004%	$34K	$418K	20x	as long as short
tradeXYZ xyz:CRWDshort	+0.0169%	1h	249.02	−0.072%	$863K	$626K	10x
Phoenix CRWD	+0.0289%	1h	249.14	−0.024%	$7	$106K	10x	as long as short
Paragon para:CRWD	+0.0469%	1h	248.82	−0.152%	$84K	$108K	10x	as long as short