Funding you earn now, next payment 03:00 UTC−0.0050%/8h= −5.5% APRpaid last 24h −0.024%
Price spread now: Bybit against tradeXYZ−0.044%7-day average −0.010% · you buy dearer than you sell
Net, funding: paid 7d − costs−$103as in the Funding arb table
Net, price: spread back to 7d avg − costs−$117as in the Price arb table
costs, in and out, $10k−$1141.140% of the position
Funding, last 7 days+0.106%+$11 on $10k
+Price spread, last 4 days (all we have)+0.095%+$9 · spread now −0.044%, 7d avg −0.010%
=Together, before fees+0.201%+ Points / potential airdroptradeXYZ: Active · farm board+$20 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Bybit is 0.034% cheaper against tradeXYZ than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of −0.010%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.106%, 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 | 248.97 | 0.0050 | pay 0.0006% / 1h | 21m 23s | $867K | $627K | 10x |
| Short | Bybit CRWDUSDT | 248.86 | 0 | get 0.0000% / 8h | 5h 21m | $1.1M | $530K | 25x |
tradeXYZ xyz:CRWD
Bybit CRWDUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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: −0.044% → −0.010%
- −$3.4
- Slippage, 4 orders
- −$85.03
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$127.93
- Costs to cover
- 1.140%
- Break-even
- never at this rate
Slippage from tradeXYZ: live order book, 15 min ago; Bybit: 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 tradeXYZ live order book, 15 min ago | 3.21 bp | 16.9 bp −$17 | 35.8 bp −$358 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 4 min ago | 6.03 bp | 25.5 bp −$26 | 186.3 bp −$1,863 | 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 | −3.346% | $21K | $20K | 12x | as long as short |
| Aster CRWDUSDT | 0.0000% | 8h | 248.99 | +0.008% | $4K | $37K | 20x | as long as short |
| Binance CRWDUSDT | 0.0000% | 8h | 249.17 | +0.082% | $2.4M | $6.7M | 25x | as long as short |
| Bybit CRWDUSDTshort | 0.0000% | 8h | 248.86 | −0.044% | $1.1M | $530K | 25x | |
| OKX CRWD-USDT-SWAP | 0.0000% | 8h | 249.33 | +0.145% | $601K | $652K | 25x | as long as short |
| Bitget CRWDUSDT | 0.0000% | 8h | 249.16 | +0.076% | $292K | $416K | 20x | as long as short |
| Variational Omni CRWD | 0.0000% | 8h | 249.09 | +0.050% | $67K | $60K | — | as long as short |
| GRVT CRWD_USDT_Perp | 0.0000% | 8h | 249.17 | +0.080% | $1K | $112K | 10x | as long as short |
| SunX CRWD-USDT | 0.0000% | 8h | 249.16 | +0.076% | $2K | $1.2M | 10x | as long as short |
| HTX CRWD-USDT | 0.0000% | 8h | 249.30 | +0.133% | $6K | $7K | 20x | as long as short |
Injective CRWD/USDC PERP
Aster CRWDUSDT
Binance CRWDUSDT
OKX CRWD-USDT-SWAP
Bitget CRWDUSDT
Variational Omni CRWD
GRVT CRWD_USDT_Perp
SunX CRWD-USDT
HTX CRWD-USDTShow all 18 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Phemex CRWDUSDT | 0.0000% | 8h | 249.15 | +0.072% | $1.5M | $191K | 10x | as long as short |
| BloFin CRWD-USDT | +0.0005% | 8h | 249.16 | +0.076% | $73K | $24K | 25x | as long as short |
| QFEX CRWD-USD | +0.0046% | 1h | 249.02 | +0.020% | $1.2M | $2.8M | 10x | as long as short |
| Extended CRWD_24_5-USD | +0.0048% | 1h | 248.85 | −0.046% | $99K | — | 10x | as long as short |
| tradeXYZ xyz:CRWDlong | +0.0050% | 1h | 248.97 | long leg | $867K | $627K | 10x | |
| KuCoin CRWDUSDTM | +0.0100% | 8h | 249.00 | +0.012% | $35K | $438K | 20x | as long as short |
| Paragon para:CRWD | +0.0286% | 1h | 248.73 | −0.096% | $84K | $108K | 10x | as long as short |
| Phoenix CRWD | +0.0289% | 1h | 249.06 | +0.036% | $4 | $106K | 10x | as long as short |
Phemex CRWDUSDT
BloFin CRWD-USDT
QFEX CRWD-USD
Extended CRWD_24_5-USD
KuCoin CRWDUSDTM
Paragon para:CRWD
Phoenix CRWD