Funding you earn now, next payment 08:00 UTC+0.0091%/8h= +10.0% APRpaid last 24h +0.009%
Price spread now: tradeXYZ against Binance−0.070%7-day average −0.002% · you buy dearer than you sell
Net, funding: paid 7d − costs−$85as in the Funding arb table
Net, price: spread back to 7d avg − costs−$71as in the Price arb table
costs, in and out, $10k−$650.646% of the position
Funding, last 7 days−0.201%−$20 on $10k
+Price spread, last 4 days (all we have)+0.039%+$4 · spread now −0.070%, 7d avg −0.002%
=Together, before fees−0.162%+ Points / potential airdroptradeXYZ: Active · farm board−$16 on $10k · with fees, hour by hour
Funding pays, the price is against you. tradeXYZ is 0.068% cheaper against Binance than usual: you would sell low and buy high (spread −0.070% now, against its 7-day average of −0.002%). If the spread goes back, that is −$7 on $10k: about 2.5 days of funding at the current rate (+$3 a day). Mind the row above: over the last 7 days funding on this pair cost −0.201%, 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 | Binance CRWDUSDT | 250.86 | 0 | get 0.0000% / 8h | 30m 47s | $2.5M | $7.3M | 25x |
| Short | tradeXYZ xyz:CRWD | 250.68 | 0.0091 | get 0.0011% / 1h | 30m 47s | $894K | $676K | 10x |
Binance CRWDUSDT
tradeXYZ xyz:CRWDFunding history
latest
Range statsloading…
Price spread between the two exchanges
tradeXYZ against Binance. 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
- $19.16
- Price spread: −0.070% → −0.002%
- −$6.8
- Slippage, 4 orders
- −$36.61
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Net
- −$52.25
- Costs to cover
- 0.646%
- Break-even
- 26.1 days
Slippage from Binance: live order book, 8 min ago; tradeXYZ: live order book, 26 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 Binance live order book, 8 min ago | 1.39 bp | 6.4 bp −$6 | 31.4 bp −$314 | doesn't fit | doesn't fit |
| Sell tradeXYZ live order book, 26 min ago | 3.80 bp | 27.2 bp −$27 | 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 | 246.01 | −1.932% | $22K | $20K | 12x | as long as short |
| Aster CRWDUSDT | 0.0000% | 8h | 250.75 | −0.043% | $4K | $35K | 20x | as long as short |
| Binance CRWDUSDTlong | 0.0000% | 8h | 250.86 | long leg | $2.5M | $7.3M | 25x | |
| Bybit CRWDUSDT | 0.0000% | 8h | 250.63 | −0.090% | $1.2M | $441K | 25x | as long as short |
| OKX CRWD-USDT-SWAP | 0.0000% | 8h | 250.78 | −0.030% | $547K | $764K | 25x | as long as short |
| Bitget CRWDUSDT | 0.0000% | 8h | 250.76 | −0.038% | $306K | $443K | 20x | as long as short |
| Variational Omni CRWD | 0.0000% | 8h | 250.87 | +0.005% | $68K | $60K | — | as long as short |
| SunX CRWD-USDT | 0.0000% | 8h | 250.75 | −0.042% | $2K | $1.1M | 10x | as long as short |
| HTX CRWD-USDT | 0.0000% | 8h | 251.63 | +0.309% | $6K | $7K | 20x | as long as short |
| Phemex CRWDUSDT | 0.0000% | 8h | 250.92 | +0.026% | $1.5M | $221K | 10x | as long as short |
Injective CRWD/USDC PERP
Aster CRWDUSDT
Bybit CRWDUSDT
OKX CRWD-USDT-SWAP
Bitget CRWDUSDT
Variational Omni CRWD
SunX CRWD-USDT
HTX CRWD-USDT
Phemex CRWDUSDTShow all 18 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| QFEX CRWD-USD | +0.0017% | 1h | 250.90 | +0.018% | $1.2M | $2.7M | 10x | as long as short |
| BloFin CRWD-USDT | +0.0021% | 8h | 250.94 | +0.034% | $70K | $24K | 25x | as long as short |
| GRVT CRWD_USDT_Perp | +0.0028% | 8h | 250.94 | +0.035% | $866 | $125K | 10x | as long as short |
| Extended CRWD_24_5-USD | +0.0048% | 1h | 250.72 | −0.054% | $100K | — | 10x | as long as short |
| tradeXYZ xyz:CRWDshort | +0.0091% | 1h | 250.68 | −0.070% | $894K | $676K | 10x | |
| KuCoin CRWDUSDTM | +0.0100% | 8h | 250.65 | −0.082% | $34K | $230K | 20x | as long as short |
| Phoenix CRWD | +0.0128% | 1h | 250.88 | +0.010% | $5 | $121K | 10x | as long as short |
| Paragon para:CRWD | +0.0311% | 1h | 250.58 | −0.110% | $84K | $108K | 10x | as long as short |
QFEX CRWD-USD
BloFin CRWD-USDT
GRVT CRWD_USDT_Perp
Extended CRWD_24_5-USD
KuCoin CRWDUSDTM
Phoenix CRWD
Paragon para:CRWD