Funding you earn now, next payment 03:00 UTC−0.0050%/8h= −5.5% APRpaid last 24h −0.009%
Price spread now: Bitget against tradeXYZ+0.113%7-day average +0.004% · you sell dearer than you buy
Net, funding: paid 7d − costs−$64as in the Funding arb table
Net, price: spread back to 7d avg − costs−$81as in the Price arb table
costs, in and out, $10k−$920.922% of the position
Funding, last 7 days+0.279%+$28 on $10k
+Price spread, last 4 days (all we have)−0.256%−$26 · spread now +0.113%, 7d avg +0.004%
=Together, before fees+0.023%+ Points / potential airdroptradeXYZ: Active · farm board+$2 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Bitget is 0.109% dearer against tradeXYZ than usual: you sell high and buy low (spread +0.113% now, against its 7-day average of +0.004%): +$11 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 7.2 days. Mind the row above: over the last 7 days funding on this pair paid +0.279%, 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 | tradeXYZ xyz:CRWD | 248.88 | 0.0050 | pay 0.0006% / 1h | 23m 00s | $867K | $627K | 10x |
| Short | Bitget CRWDUSDT | 249.16 | 0 | get 0.0000% / 8h | 5h 23m | $292K | $416K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against tradeXYZ. 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
- −$10.5
- Price spread: +0.113% → +0.004%
- $10.86
- Slippage, 4 orders
- −$62.19
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$91.83
- Costs to cover
- 0.922%
- Break-even
- never at this rate
Slippage from tradeXYZ: live order book, 14 min ago; Bitget: live order book, 37 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 tradeXYZ live order book, 14 min ago | 3.21 bp | 16.9 bp −$17 | 35.8 bp −$358 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 37 min ago | 14.24 bp | 32.6 bp −$33 | 66.0 bp −$660 | 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 | −3.311% | $21K | $20K | 12x | as long as short |
| Aster CRWDUSDT | 0.0000% | 8h | 249.03 | +0.061% | $4K | $37K | 20x | as long as short |
| Binance CRWDUSDT | 0.0000% | 8h | 249.18 | +0.121% | $2.4M | $6.7M | 25x | as long as short |
| Bybit CRWDUSDT | 0.0000% | 8h | 248.94 | +0.024% | $1.1M | $529K | 25x | as long as short |
| OKX CRWD-USDT-SWAP | 0.0000% | 8h | 249.01 | +0.052% | $600K | $651K | 25x | as long as short |
| Bitget CRWDUSDTshort | 0.0000% | 8h | 249.16 | +0.113% | $292K | $416K | 20x | |
| Variational Omni CRWD | 0.0000% | 8h | 249.09 | +0.086% | $67K | $60K | — | as long as short |
| GRVT CRWD_USDT_Perp | 0.0000% | 8h | 249.26 | +0.153% | $1K | $112K | 10x | as long as short |
| SunX CRWD-USDT | 0.0000% | 8h | 249.16 | +0.113% | $2K | $1.2M | 10x | as long as short |
| HTX CRWD-USDT | 0.0000% | 8h | 249.30 | +0.169% | $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 | 249.16 | +0.113% | $1.5M | $191K | 10x | as long as short |
| BloFin CRWD-USDT | +0.0005% | 8h | 249.16 | +0.113% | $73K | $24K | 25x | as long as short |
| QFEX CRWD-USD | +0.0046% | 1h | 249.08 | +0.080% | $1.2M | $2.8M | 10x | as long as short |
| Extended CRWD_24_5-USD | +0.0048% | 1h | 248.85 | −0.010% | $99K | — | 10x | as long as short |
| tradeXYZ xyz:CRWDlong | +0.0050% | 1h | 248.88 | long leg | $867K | $627K | 10x | |
| KuCoin CRWDUSDTM | +0.0100% | 8h | 249.08 | +0.080% | $35K | $438K | 20x | as long as short |
| Paragon para:CRWD | +0.0285% | 1h | 248.64 | −0.096% | $84K | $108K | 10x | as long as short |
| Phoenix CRWD | +0.0289% | 1h | 249.06 | +0.072% | $4 | $106K | 10x | as long as short |
tradeXYZ xyz:CRWD
Bitget CRWDUSDT
Injective CRWD/USDC PERP
Aster CRWDUSDT
Binance CRWDUSDT
Bybit CRWDUSDT
OKX CRWD-USDT-SWAP
Variational Omni CRWD
GRVT CRWD_USDT_Perp
SunX CRWD-USDT
HTX CRWD-USDT
Phemex CRWDUSDT
BloFin CRWD-USDT
Extended CRWD_24_5-USD
KuCoin CRWDUSDTM
Paragon para:CRWD
Phoenix CRWD