CRWD

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0100%/8h= +10.9% APRnext payment +$1.00 per $10,000 · paid last 24h +0.030%

Price spread now: KuCoin against Binance−0.052%7-day average +0.099% · you buy dearer than you sell

Net, funding: paid 7d − costs−$498as in the Funding arb table

Net, price: spread back to 7d avg − costs−$542as in the Price arb table

costs, in and out, $10k−$5275.271% of the position

Long on Binance Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.294%+$29 on $10k

Price spread, last 4 days (all we have)−0.151%−$15 · spread now −0.052%, 7d avg +0.099%

Together, before fees+0.143%+$14 on $10k · with fees, hour by hour

Funding pays, the price is against you. KuCoin is 0.152% cheaper against Binance than usual: you would sell low and buy high (spread −0.052% now, against its 7-day average of +0.099%). If the spread goes back, that is −$15 on $10k: about 5.1 days of funding at the current rate (+$3 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance CRWDUSDT	249.18	0	get 0.0000% / 8h	5h 26m	$2.4M	$6.7M	25x
Short	KuCoin CRWDUSDTM	249.05	0.0100	get 0.0100% / 8h	5h 26m	$34K	$440K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin against Binance. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee BinancebpFee KuCoinbpOrdersPrice spread, now −0.052%Rate

Funding earned: $21
Price spread: −0.052% → +0.099%: −$15.16
Slippage, 4 orders: −$505.08
Fee Binance: 5 bp × 2 orders: −$10
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$521.24
Costs to cover: 5.271%
Break-even: 180.7 days

Slippage from Binance: live order book, 12 min ago; KuCoin: live order book, 71 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 Binance live order book, 12 min ago	2.41 bp	13.6 bp −$14	47.8 bp −$478	doesn't fit	doesn't fit
Sell KuCoin live order book, 71 min ago	10.46 bp	186.4 bp −$186	doesn't fit	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	−3.427%	$21K	$20K	12x	as long as short
Aster CRWDUSDT	0.0000%	8h	249.06	−0.046%	$4K	$37K	20x	as long as short
Binance CRWDUSDTlong	0.0000%	8h	249.18	long leg	$2.4M	$6.7M	25x
Bybit CRWDUSDT	0.0000%	8h	248.97	−0.084%	$1.1M	$530K	25x	as long as short
OKX CRWD-USDT-SWAP	0.0000%	8h	249.29	+0.044%	$606K	$646K	25x	as long as short
Bitget CRWDUSDT	0.0000%	8h	249.17	−0.004%	$292K	$416K	20x	as long as short
Variational Omni CRWD	0.0000%	8h	249.16	−0.006%	$67K	$60K	—	as long as short
GRVT CRWD_USDT_Perp	0.0000%	8h	249.24	+0.025%	$598	$111K	10x	as long as short
SunX CRWD-USDT	0.0000%	8h	249.23	+0.020%	$2K	$1.2M	10x	as long as short
HTX CRWD-USDT	0.0000%	8h	249.38	+0.080%	$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	249.27	+0.036%	$1.5M	$191K	10x	as long as short
BloFin CRWD-USDT	+0.0003%	8h	249.39	+0.084%	$73K	$24K	25x	as long as short
QFEX CRWD-USD	+0.0046%	1h	249.04	−0.056%	$1.2M	$2.8M	10x	as long as short
Extended CRWD_24_5-USD	+0.0048%	1h	248.82	−0.142%	$99K	—	10x	as long as short
tradeXYZ xyz:CRWD	+0.0050%	1h	248.88	−0.120%	$867K	$627K	10x	as long as short
KuCoin CRWDUSDTMshort	+0.0100%	8h	249.05	−0.052%	$34K	$440K	20x
Paragon para:CRWD	+0.0284%	1h	248.71	−0.189%	$84K	$108K	10x	as long as short
Phoenix CRWD	+0.0289%	1h	249.14	−0.016%	$5	$106K	10x	as long as short