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

CRWD

RWAall CRWD markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Phemex against Binance+0.012%52s7-day average +0.010% · you sell dearer than you buy
Net, funding: paid 7d − costs−$135as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$1401.403% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.050%+$5 on $10k
Price spread, last 4 days (all we have)+0.081%+$8 · spread now +0.012%, 7d avg +0.010%
Together, before fees+0.131%+$13 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance CRWDUSDT249.050get 0.0000% / 8h3h 41m$2.4M$6.7M25x
ShortPhemex CRWDUSDT249.080get 0.0000% / 8h3h 41m$1.5M$194K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Phemex against Binance. 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
$0
Price spread: +0.012% → +0.010%
$0.18
Slippage, 4 orders
−$118.33
Fee Binance: 5 bp × 2 orders
−$10
Fee Phemex: 6 bp × 2 orders
−$12
Net
−$140.15
Costs to cover
1.403%
Break-even
never at this rate
Slippage from Binance: live order book, 12 min ago; Phemex: live order book, 2 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Binance live order book, 12 min ago1.21 bp17.8 bp −$1845.1 bp −$451doesn't fitdoesn't fit
Sell Phemex live order book, 2 min ago4.22 bp49.5 bp −$50doesn't fitdoesn't fitdoesn't fit

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%1h245.36−1.482%$22K$20K12xas long as short
Aster CRWDUSDT0.0000%8h248.91−0.055%$4K$37K20xas long as short
Binance CRWDUSDTlong0.0000%8h249.05long leg$2.4M$6.7M25x
Bybit CRWDUSDT0.0000%8h248.77−0.112%$1.1M$530K25xas long as short
OKX CRWD-USDT-SWAP0.0000%8h249.02−0.012%$596K$667K25xas long as short
Bitget CRWDUSDT0.0000%8h249.11+0.024%$292K$416K20xas long as short
Variational Omni CRWD0.0000%8h249.07+0.009%$67K$60Kas long as short
GRVT CRWD_USDT_Perp0.0000%8h249.08+0.013%$772$116K10xas long as short
SunX CRWD-USDT0.0000%8h248.95−0.040%$2K$1.2M10xas long as short
HTX CRWD-USDT0.0000%8h249.28+0.092%$6K$7K20xas long as short
Show all 18 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Phemex CRWDUSDTshort0.0000%8h249.08+0.012%$1.5M$194K10x
QFEX CRWD-USD+0.0024%1h248.91−0.056%$1.2M$2.6M10xas long as short
BloFin CRWD-USDT+0.0024%8h249.050.000%$72K$24K25xas long as short
Extended CRWD_24_5-USD+0.0048%1h248.88−0.068%$99K10xas long as short
tradeXYZ xyz:CRWD+0.0050%1h248.86−0.076%$861K$627K10xas long as short
KuCoin CRWDUSDTM+0.0100%8h248.94−0.044%$34K$350K20xas long as short
Phoenix CRWD+0.0353%1h248.96−0.036%$4$106K10xas long as short
Paragon para:CRWD+0.0365%1h248.76−0.116%$84K$108K10xas long as short