Funding you earn now, next payment 03:00 UTC−0.0004%/8h= −0.4% APRnext payment −$0.00 per $10,000 · paid last 24h −0.012%
Price spread now: QFEX against tradeXYZ+0.048%7-day average −0.016% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$51as in the Price arb table
costs, in and out, $10k−$570.570% of the position
Funding, last 4 days (all we have)+0.053%+$5 on $10k
+Price spread, last 4 days (all we have)−0.285%−$28 · spread now +0.048%, 7d avg −0.016%
=Together, before fees−0.232%+ Points / potential airdroptradeXYZ: Active · farm board−$23 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: QFEX is 0.064% dearer against tradeXYZ than usual: you sell high and buy low, +$6 on $10k if it goes back to its 7-day average of −0.016%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | tradeXYZ xyz:CRWD | 249.07 | 0.0050 | pay 0.0006% / 1h | 59m 48s | $864K | $626K | 10x |
| Short | QFEX CRWD-USD | 249.19 | 0.0046 | get 0.0006% / 1h | 59m 48s | $1.2M | $2.8M | 10x |
tradeXYZ xyz:CRWD
QFEX CRWD-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
QFEX 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
- −$0.77
- Price spread: +0.048% → −0.016%
- $6.44
- Slippage, 4 orders
- −$28.97
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Fee QFEX: 5 bp × 2 orders
- −$10
- Net
- −$51.3
- Costs to cover
- 0.570%
- Break-even
- never at this rate
Slippage from tradeXYZ: live order book, 37 min ago; QFEX: live order book, 3 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, 37 min ago | 3.21 bp | 16.9 bp −$17 | 35.8 bp −$358 | doesn't fit | doesn't fit |
| Sell QFEX live order book, 3 min ago | 1.80 bp | 10.7 bp −$11 | 17.7 bp −$177 | 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 | −3.385% | $21K | $20K | 12x | as long as short |
| BloFin CRWD-USDT | −0.0011% | 8h | 249.30 | +0.092% | $72K | $24K | 25x | as long as short |
| Aster CRWDUSDT | 0.0000% | 8h | 249.16 | +0.036% | $4K | $37K | 20x | as long as short |
| Binance CRWDUSDT | 0.0000% | 8h | 249.30 | +0.092% | $2.4M | $6.7M | 25x | as long as short |
| Bybit CRWDUSDT | 0.0000% | 8h | 249.01 | −0.024% | $1.1M | $530K | 25x | as long as short |
| OKX CRWD-USDT-SWAP | 0.0000% | 8h | 249.30 | +0.092% | $601K | $652K | 25x | as long as short |
| Bitget CRWDUSDT | 0.0000% | 8h | 249.17 | +0.040% | $292K | $416K | 20x | as long as short |
| Variational Omni CRWD | 0.0000% | 8h | 249.26 | +0.075% | $67K | $60K | — | as long as short |
| GRVT CRWD_USDT_Perp | 0.0000% | 8h | 249.22 | +0.060% | $1K | $112K | 10x | as long as short |
| SunX CRWD-USDT | 0.0000% | 8h | 249.28 | +0.084% | $2K | $1.2M | 10x | as long as short |
Injective CRWD/USDC PERP
BloFin CRWD-USDT
Aster CRWDUSDT
Binance CRWDUSDT
Bybit CRWDUSDT
OKX CRWD-USDT-SWAP
Bitget CRWDUSDT
Variational Omni CRWD
GRVT CRWD_USDT_Perp
SunX CRWD-USDTShow all 18 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX CRWD-USDT | 0.0000% | 8h | 249.44 | +0.149% | $6K | $7K | 20x | as long as short |
| Phemex CRWDUSDT | 0.0000% | 8h | 249.33 | +0.104% | $1.5M | $191K | 10x | as long as short |
| QFEX CRWD-USDshort | +0.0046% | 1h | 249.19 | +0.048% | $1.2M | $2.8M | 10x | |
| Extended CRWD_24_5-USD | +0.0048% | 1h | 248.99 | −0.034% | $99K | — | 10x | as long as short |
| tradeXYZ xyz:CRWDlong | +0.0050% | 1h | 249.07 | long leg | $864K | $626K | 10x | |
| KuCoin CRWDUSDTM | +0.0100% | 8h | 249.29 | +0.088% | $34K | $418K | 20x | as long as short |
| Paragon para:CRWD | +0.0274% | 1h | 248.82 | −0.099% | $84K | $108K | 10x | as long as short |
| Phoenix CRWD | +0.0289% | 1h | 249.14 | +0.028% | $6 | $106K | 10x | as long as short |
HTX CRWD-USDT
Phemex CRWDUSDT
Extended CRWD_24_5-USD
KuCoin CRWDUSDTM
Paragon para:CRWD
Phoenix CRWD