Funding you earn now, next payment 16:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Bitget against Phemex−0.032%7-day average −0.006% · you buy dearer than you sell
Net, funding: paid 7d − costs−$166as in the Funding arb table
Net, price: spread back to 7d avg − costs−$168as in the Price arb table
costs, in and out, $10k−$1661.655% of the position
Funding, last 7 days0.000%$0 on $10k
+Price spread, last 4 days (all we have)+0.175%+$17 · spread now −0.032%, 7d avg −0.006%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bitget is 0.026% cheaper against Phemex than usual: you would sell low and buy high, −$3 on $10k if it goes back to its 7-day average of −0.006%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phemex CRWDUSDT | 250.00 | 0 | get 0.0000% / 8h | 7h 37m | $1.5M | $227K | 10x |
| Short | Bitget CRWDUSDT | 249.92 | 0 | get 0.0000% / 8h | 7h 37m | $305K | $410K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against Phemex. 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
- $0
- Price spread: −0.032% → −0.006%
- −$2.55
- Slippage, 4 orders
- −$141.52
- Fee Phemex: 6 bp × 2 orders
- −$12
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$168.07
- Costs to cover
- 1.655%
- Break-even
- never at this rate
Slippage from Phemex: live order book, 1 min ago; Bitget: live order book, 58 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 Phemex live order book, 1 min ago | 6.40 bp | 62.0 bp −$62 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bitget live order book, 58 min ago | 11.16 bp | 42.1 bp −$42 | 69.8 bp −$698 | 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 | 247.18 | −1.128% | $22K | $20K | 12x | as long as short |
| Bybit CRWDUSDT | −0.0118% | 8h | 249.76 | −0.096% | $1.1M | $438K | 25x | as long as short |
| Paragon para:CRWD | −0.0070% | 1h | 249.90 | −0.040% | $84K | $108K | 10x | as long as short |
| Aster CRWDUSDT | 0.0000% | 8h | 250.19 | +0.075% | $4K | $36K | 20x | as long as short |
| Binance CRWDUSDT | 0.0000% | 8h | 250.04 | +0.015% | $2.5M | $7.4M | 25x | as long as short |
| OKX CRWD-USDT-SWAP | 0.0000% | 8h | 250.03 | +0.012% | $541K | $772K | 25x | as long as short |
| Bitget CRWDUSDTshort | 0.0000% | 8h | 249.92 | −0.032% | $305K | $410K | 20x | |
| Variational Omni CRWD | 0.0000% | 8h | 249.90 | −0.038% | $67K | $57K | — | as long as short |
| GRVT CRWD_USDT_Perp | 0.0000% | 8h | 249.97 | −0.012% | $912 | $120K | 10x | as long as short |
| SunX CRWD-USDT | 0.0000% | 8h | 249.95 | −0.020% | $2K | $1.1M | 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 | 250.21 | +0.084% | $6K | $7K | 20x | as long as short |
| Phemex CRWDUSDTlong | 0.0000% | 8h | 250.00 | long leg | $1.5M | $227K | 10x | |
| BloFin CRWD-USDT | +0.0027% | 8h | 249.83 | −0.068% | $70K | $24K | 25x | as long as short |
| QFEX CRWD-USD | +0.0030% | 1h | 250.08 | +0.032% | $1.2M | $2.7M | 10x | as long as short |
| Extended CRWD_24_5-USD | +0.0048% | 1h | 249.88 | −0.046% | $100K | — | 10x | as long as short |
| tradeXYZ xyz:CRWD | +0.0050% | 1h | 249.84 | −0.064% | $890K | $677K | 10x | as long as short |
| KuCoin CRWDUSDTM | +0.0100% | 8h | 250.10 | +0.040% | $34K | $265K | 20x | as long as short |
| Phoenix CRWD | +0.0255% | 1h | 250.04 | +0.016% | $5 | $120K | 10x | as long as short |
Phemex CRWDUSDT
Bitget CRWDUSDT
Injective CRWD/USDC PERP
Bybit CRWDUSDT
Paragon para:CRWD
Aster CRWDUSDT
Binance CRWDUSDT
OKX CRWD-USDT-SWAP
Variational Omni CRWD
GRVT CRWD_USDT_Perp
SunX CRWD-USDT
HTX CRWD-USDT
BloFin CRWD-USDT
Extended CRWD_24_5-USD
tradeXYZ xyz:CRWD
KuCoin CRWDUSDTM
Phoenix CRWD