CRWD

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0031%/8h= −3.4% APRnext payment −$0.04 per $10,000 · paid last 24h −0.012%

Price spread now: QFEX against Extended+0.062%55s7-day average +0.013% · 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—prices read too far apart to compare

costs, in and out, $10k−$880.884% of the position

Long on Extended Short on QFEX

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)−0.055%−$6 on $10k

Price spread, last 4 days (all we have)−0.146%−$15 · spread now +0.062%, 7d avg +0.013%

Together, before fees−0.201%+ Points / potential airdropExtended: Active · farm board−$20 on $10k · with fees, hour by hour

The price spread pays, funding is against you. QFEX is 0.049% dearer against Extended than usual: you sell high and buy low (spread +0.062% now, against its 7-day average of +0.013%): +$5 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 5.4 days. The two prices were read 55 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Extended CRWD_24_5-USD	250.72	0.0048	pay 0.0006% / 1h	33m 47s	$100K	—	10x
Short	QFEX CRWD-USD	250.88	0.0017	get 0.0002% / 1h	33m 47s	$1.2M	$2.7M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

QFEX against Extended. 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 ExtendedbpFee QFEXbpOrdersPrice spread, now +0.062%Rate

Funding earned: −$6.43
Price spread: +0.062% → +0.013%: $4.93
Slippage, 4 orders: −$73.39
Fee Extended: 2.5 bp × 2 orders: −$5
Fee QFEX: 5 bp × 2 orders: −$10
Net: −$89.9
Costs to cover: 0.884%
Break-even: never at this rate

Slippage from Extended: live order book, 59 min ago; QFEX: live order book, 4 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 Extended live order book, 59 min ago	33.73 bp	36.2 bp −$36	doesn't fit	doesn't fit	doesn't fit
Sell QFEX live order book, 4 min ago	2.39 bp	7.8 bp −$8	10.9 bp −$109	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	−1.881%	$22K	$20K	12x	as long as short
BloFin CRWD-USDT	−0.0004%	8h	250.96	+0.094%	$70K	$24K	25x	as long as short
Aster CRWDUSDT	0.0000%	8h	250.77	+0.016%	$4K	$35K	20x	as long as short
Binance CRWDUSDT	0.0000%	8h	250.89	+0.066%	$2.5M	$7.3M	25x	as long as short
Bybit CRWDUSDT	0.0000%	8h	250.73	+0.002%	$1.2M	$441K	25x	as long as short
OKX CRWD-USDT-SWAP	0.0000%	8h	250.78	+0.022%	$547K	$764K	25x	as long as short
Bitget CRWDUSDT	0.0000%	8h	250.83	+0.042%	$306K	$443K	20x	as long as short
Variational Omni CRWD	0.0000%	8h	250.89	+0.065%	$68K	$60K	—	as long as short
SunX CRWD-USDT	0.0000%	8h	250.80	+0.030%	$2K	$1.1M	10x	as long as short
HTX CRWD-USDT	0.0000%	8h	251.08	+0.142%	$6K	$7K	20x	as long as short

Show all 18 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Phemex CRWDUSDT	0.0000%	8h	250.98	+0.102%	$1.5M	$221K	10x	as long as short
QFEX CRWD-USDshort	+0.0017%	1h	250.88	+0.062%	$1.2M	$2.7M	10x
GRVT CRWD_USDT_Perp	+0.0033%	8h	250.82	+0.036%	$627	$125K	10x	as long as short
Extended CRWD_24_5-USDlong	+0.0048%	1h	250.72	long leg	$100K	—	10x
tradeXYZ xyz:CRWD	+0.0094%	1h	250.73	+0.002%	$894K	$676K	10x	as long as short
KuCoin CRWDUSDTM	+0.0100%	8h	250.73	+0.002%	$34K	$231K	20x	as long as short
Phoenix CRWD	+0.0128%	1h	250.87	+0.058%	$5	$121K	10x	as long as short
Paragon para:CRWD	+0.0317%	1h	250.67	−0.023%	$85K	$108K	10x	as long as short