CRWD

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC−0.0238%/8h= −26.0% APRnext payment −$0.30 per $10,000 · paid last 24h −0.053%

Price spread now: QFEX against Paragon+0.154%7-day average −0.108% · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Paragon Short on QFEX

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)+0.237%+$24 on $10k

Price spread, last 4 days (all we have)−0.424%−$42 · spread now +0.154%, 7d avg −0.108%

Together, before fees−0.187%−$19 on $10k · with fees, hour by hour

The price spread pays, funding is against you. QFEX is 0.262% dearer against Paragon than usual: you sell high and buy low (spread +0.154% now, against its 7-day average of −0.108%): +$26 on $10k if it goes back. Holding the pair costs −$7 a day in funding at the current rate, which eats that in about 3.7 days. Mind the row above: over the last 4 days funding on this pair paid +0.237%, so the current rate has only just turned against you.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Paragon para:CRWD	248.66	0.0284	pay 0.0035% / 1h	25m 12s	$84K	$108K	10x
Short	QFEX CRWD-USD	249.04	0.0046	get 0.0006% / 1h	25m 12s	$1.2M	$2.8M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

QFEX against Paragon. 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 ParagonbpFee QFEXbpOrdersPrice spread, now +0.154%Rate

Funding earned: −$49.89
Price spread: +0.154% → −0.108%: $26.18
Slippage, 4 orders: no order book: not counted
Fee Paragon: 5 bp × 2 orders: −$10
Fee QFEX: 5 bp × 2 orders: −$10
Net: −$43.71
Costs to cover: 0.200%
Break-even: from the start

Slippage unknown: Paragon: live order book, 10 min ago; QFEX: live order book, 3 min ago. Net counts fees only.

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 Paragon live order book, 10 min ago	2.82 bp	doesn't fit	doesn't fit	doesn't fit	doesn't fit
Sell QFEX live order book, 3 min ago	27.27 bp	33.2 bp −$33	41.1 bp −$411	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	240.64	−3.224%	$21K	$20K	12x	as long as short
BloFin CRWD-USDT	−0.0015%	8h	249.34	+0.274%	$73K	$24K	25x	as long as short
Aster CRWDUSDT	0.0000%	8h	249.09	+0.173%	$4K	$37K	20x	as long as short
Binance CRWDUSDT	0.0000%	8h	249.07	+0.166%	$2.4M	$6.7M	25x	as long as short
Bybit CRWDUSDT	0.0000%	8h	248.97	+0.126%	$1.1M	$530K	25x	as long as short
OKX CRWD-USDT-SWAP	0.0000%	8h	249.26	+0.242%	$606K	$646K	25x	as long as short
Bitget CRWDUSDT	0.0000%	8h	249.16	+0.202%	$292K	$416K	20x	as long as short
Variational Omni CRWD	0.0000%	8h	249.09	+0.175%	$67K	$60K	—	as long as short
GRVT CRWD_USDT_Perp	0.0000%	8h	249.26	+0.242%	$1K	$112K	10x	as long as short
SunX CRWD-USDT	0.0000%	8h	249.16	+0.202%	$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	249.29	+0.254%	$6K	$7K	20x	as long as short
Phemex CRWDUSDT	0.0000%	8h	249.05	+0.158%	$1.5M	$191K	10x	as long as short
QFEX CRWD-USDshort	+0.0046%	1h	249.04	+0.154%	$1.2M	$2.8M	10x
Extended CRWD_24_5-USD	+0.0048%	1h	248.94	+0.113%	$99K	—	10x	as long as short
tradeXYZ xyz:CRWD	+0.0050%	1h	248.94	+0.113%	$867K	$627K	10x	as long as short
KuCoin CRWDUSDTM	+0.0100%	8h	249.09	+0.174%	$34K	$438K	20x	as long as short
Paragon para:CRWDlong	+0.0284%	1h	248.66	long leg	$84K	$108K	10x
Phoenix CRWD	+0.0289%	1h	249.06	+0.162%	$4	$106K	10x	as long as short