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

CRWD

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Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC−0.0339%/8h= −37.1% APRnext payment $0.42 per $10,000 · paid last 24h −0.041%
Price spread now: tradeXYZ against Paragon+0.080%7-day average −0.092% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days−0.066%−$7 on $10k
Price spread, last 4 days (all we have)−0.114%−$11 · spread now +0.080%, 7d avg −0.092%
Together, before fees−0.180%+ Points / potential airdroptradeXYZ: Active · farm board−$18 on $10k · with fees, hour by hour
The price spread pays, funding is against you. tradeXYZ is 0.173% dearer against Paragon than usual: you sell high and buy low (spread +0.080% now, against its 7-day average of −0.092%): +$17 on $10k if it goes back. Holding the pair costs −$10 a day in funding at the current rate, which eats that in about 41 hours. At the pace of the last 7 days (−0.066% in total) that is about 18 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.066% in total (about -3.4% a year). A funding rate is set anew for every payment; at this rate the next one is about $0.42 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongParagon para:CRWD248.820.0469pay 0.0059% / 1h59m 06s$84K$108K10x
ShorttradeXYZ xyz:CRWD249.020.0130get 0.0016% / 1h59m 06s$863K$626K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

tradeXYZ 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

Funding earned
−$71.13
Price spread: +0.080% → −0.092%
$17.26
Slippage, 4 orders
no order book: not counted
Fee Paragon: 5 bp × 2 orders
−$10
Fee tradeXYZ: 9 bp × 2 orders
−$18
Net
−$81.88
Costs to cover
0.280%
Break-even
never at this rate
Slippage unknown: Paragon: live order book, 36 min ago; tradeXYZ: live order book, 38 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Paragon live order book, 36 min ago2.82 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit
Sell tradeXYZ live order book, 38 min ago3.21 bp20.5 bp −$21doesn'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%1h245.61−1.290%$22K$20K12xas long as short
BloFin CRWD-USDT−0.0011%8h249.30+0.193%$72K$24K25xas long as short
Aster CRWDUSDT0.0000%8h249.07+0.099%$4K$37K20xas long as short
Binance CRWDUSDT0.0000%8h249.24+0.167%$2.4M$6.7M25xas long as short
Bybit CRWDUSDT0.0000%8h248.95+0.052%$1.1M$529K25xas long as short
OKX CRWD-USDT-SWAP0.0000%8h249.30+0.193%$601K$652K25xas long as short
Bitget CRWDUSDT0.0000%8h249.17+0.141%$292K$416K20xas long as short
Variational Omni CRWD0.0000%8h249.26+0.175%$67K$60Kas long as short
GRVT CRWD_USDT_Perp0.0000%8h249.22+0.161%$1K$112K10xas long as short
SunX CRWD-USDT0.0000%8h249.17+0.141%$2K$1.2M10xas long as short
Show all 18 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX CRWD-USDT0.0000%8h249.37+0.221%$6K$7K20xas long as short
Phemex CRWDUSDT0.0000%8h249.25+0.173%$1.5M$191K10xas long as short
QFEX CRWD-USD+0.0046%1h249.20+0.153%$1.2M$2.8M10xas long as short
Extended CRWD_24_5-USD+0.0048%1h248.88+0.024%$99K10xas long as short
KuCoin CRWDUSDTM+0.0100%8h249.20+0.153%$34K$418K20xas long as short
tradeXYZ xyz:CRWDshort+0.0130%1h249.02+0.080%$863K$626K10x
Phoenix CRWD+0.0289%1h249.14+0.129%$7$106K10xas long as short
Paragon para:CRWDlong+0.0469%1h248.82long leg$84K$108K10x