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

CRWD

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Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC+0.0048%/8h= +5.3% APRpaid last 24h +0.030%
Price spread now: Extended against Bybit+0.004%7-day average −0.014% · you sell dearer than you buy
Net, funding: paid 7d − costs−$150as in the Funding arb table
Net, price: spread back to 7d avg − costs−$176as in the Price arb table
costs, in and out, $10k−$1771.775% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.271%+$27 on $10k
Price spread, last 4 days (all we have)−0.018%−$2 · spread now +0.004%, 7d avg −0.014%
Together, before fees+0.253%+ Points / potential airdropExtended: Active · farm board+$25 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.014%, so right now this pair is about funding alone: +$1 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit CRWDUSDT250.460get 0.0000% / 8h1h 39m$1.1M$555K25x
ShortExtended CRWD_24_5-USD250.470.0048get 0.0006% / 1h39m 16s$100K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended against Bybit. 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: +0.004% → −0.014%
$1.79
Slippage, 4 orders
−$161.47
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$165.59
Costs to cover
1.775%
Break-even
122.0 days
Slippage from Bybit: live order book, 1 min ago; Extended: live order book, 59 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 Bybit live order book, 1 min ago4.19 bp13.3 bp −$13195.0 bp −$1,950doesn't fitdoesn't fit
Sell Extended live order book, 59 min ago28.94 bp31.4 bp −$31doesn'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%1h244.15−2.519%$21K$20K12xas long as short
Aster CRWDUSDT0.0000%8h250.59+0.051%$4K$37K20xas long as short
Binance CRWDUSDT0.0000%8h250.69+0.092%$2.5M$7.1M25xas long as short
Bybit CRWDUSDTlong0.0000%8h250.46long leg$1.1M$555K25x
OKX CRWD-USDT-SWAP0.0000%8h250.44−0.008%$592K$701K25xas long as short
Bitget CRWDUSDT0.0000%8h250.86+0.160%$314K$436K20xas long as short
Variational Omni CRWD0.0000%8h250.63+0.068%$67K$60Kas long as short
SunX CRWD-USDT0.0000%8h250.87+0.164%$2K$1.1M10xas long as short
HTX CRWD-USDT0.0000%8h250.80+0.136%$6K$7K20xas long as short
Phemex CRWDUSDT0.0000%8h250.69+0.092%$1.5M$210K10xas long as short
Show all 18 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BloFin CRWD-USDT+0.0021%8h250.63+0.068%$72K$24K25xas long as short
GRVT CRWD_USDT_Perp+0.0048%8h250.70+0.096%$817$124K10xas long as short
Extended CRWD_24_5-USDshort+0.0048%1h250.47+0.004%$100K10x
tradeXYZ xyz:CRWD+0.0050%1h250.44−0.008%$892K$676K10xas long as short
QFEX CRWD-USD+0.0064%1h250.65+0.076%$1.2M$2.7M10xas long as short
KuCoin CRWDUSDTM+0.0100%8h250.61+0.060%$34K$268K20xas long as short
Phoenix CRWD+0.0286%1h250.48+0.008%$4$106K10xas long as short
Paragon para:CRWD+0.0378%1h250.36−0.040%$84K$108K10xas long as short