Funding arb · Price arb /

CRWD

RWAall CRWD markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: SunX against Binance−0.091%7-day average +0.051% · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Binance Short on SunX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.053%+$5 on $10k

Price spread, last 2 days (all we have)+0.198%+$20 · spread now −0.091%, 7d avg +0.051%

Together, before fees+0.252%+$25 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: SunX is 0.142% cheaper against Binance than usual: you would sell low and buy high, −$14 on $10k if it goes back to its 7-day average of +0.051%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance CRWDUSDT	248.82	0	get 0.0000% / 8h	1h 04m	$2.4M	$7.1M	25x
Short	SunX CRWD-USDT	248.59	0	get 0.0000% / 8h	1h 04m	$2K	$1.4M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SunX 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 SunXbpOrdersPrice spread, now −0.091%Rate

Funding earned: $0
Price spread: −0.091% → +0.051%: −$14.23
Slippage, 4 orders: no order book: not counted
Fee Binance: 5 bp × 2 orders: −$10
Fee SunX: 4 bp × 2 orders: −$8
Net: −$32.23
Costs to cover: 0.180%
Break-even: never at this rate

Slippage unknown: Binance: live order book, 5 min ago; SunX: live order book, 10 min ago. Net counts fees only.

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, 5 min ago	1.61 bp	14.2 bp −$14	38.1 bp −$381	doesn't fit	doesn't fit
Sell SunX live order book, 10 min ago	500.19 bp	doesn't fit	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
Aster CRWDUSDT	0.0000%	8h	248.70	−0.046%	$4K	$37K	20x	as long as short
Binance CRWDUSDTlong	0.0000%	8h	248.82	long leg	$2.4M	$7.1M	25x
Bybit CRWDUSDT	0.0000%	8h	248.66	−0.063%	$1.2M	$686K	25x	as long as short
OKX CRWD-USDT-SWAP	0.0000%	8h	248.67	−0.059%	$623K	$720K	25x	as long as short
Bitget CRWDUSDT	0.0000%	8h	248.66	−0.063%	$291K	$473K	20x	as long as short
Variational Omni CRWD	0.0000%	8h	248.61	−0.085%	$67K	$61K	—	as long as short
GRVT CRWD_USDT_Perp	0.0000%	8h	248.55	−0.107%	$500	$125K	10x	as long as short
SunX CRWD-USDTshort	0.0000%	8h	248.59	−0.091%	$2K	$1.4M	10x
HTX CRWD-USDT	0.0000%	8h	248.79	−0.011%	$6K	$9K	20x	as long as short
Phemex CRWDUSDT	0.0000%	8h	248.87	+0.021%	$1.5M	$211K	10x	as long as short

Show all 18 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BloFin CRWD-USDT	+0.0017%	8h	248.74	−0.031%	$73K	$25K	25x	as long as short
QFEX CRWD-USD	+0.0024%	1h	248.65	−0.067%	$1.2M	$2.9M	10x	as long as short
Extended CRWD_24_5-USD	+0.0048%	1h	248.66	−0.063%	$99K	—	10x	as long as short
tradeXYZ xyz:CRWD	+0.0050%	1h	248.66	−0.063%	$866K	$669K	10x	as long as short
KuCoin CRWDUSDTM	+0.0100%	8h	248.72	−0.039%	$35K	$513K	20x	as long as short
Injective CRWD/USDC PERP	+0.0220%	1h	251.22	+0.966%	$15K	$103	12x	as long as short
Phoenix CRWD	+0.0257%	1h	248.75	−0.027%	$5	$168K	10x	as long as short
Paragon para:CRWD	+0.0309%	1h	248.50	−0.127%	$84K	$115K	10x	as long as short