CRWD funding rates

CRWD perpetual funding is currently quoted across 6 venues, ranging from -87.1% to +0.0% APR. The most reliable delta-neutral pairing for CRWD right now is long TradeXYZ / short Phoenix at +64.2% net APR (medium risk, ~1.3d to break even).

as of 2026-09-12 12:45 UTC
Best delta-neutral pairing
Long TradeXYZ / Short Phoenix
+64.2% net APR
Backtested (30d)
-10.8%
Stability
67.9%
Risk
medium
Breakeven
~1.3d

Ranked by 30-day reliability (backtest × stability × risk) — the spread that holds, not just the widest current rate.

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CRWD funding by exchange

ExchangeFunding APR
QFEX+0.00%
Variational+0.00%
Aster+0.00%
Grvt+0.00%
Phoenix-4.25%
TradeXYZ-87.10%

Frequently asked

What is the CRWD funding rate right now?

CRWD perpetual funding ranges from -87.10% to 0.00% APR across 6 exchanges we track; the widest delta-neutral spread is long TradeXYZ / short Phoenix at 64.2% net APR.

Which exchange has the highest CRWD funding rate?

QFEX currently has the highest at 0.00% APR. See the full ranking above.