Settings8H · net · $10k
Funding arb · Price arb /

CRWD

RWAall CRWD markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 16:00 UTC+0.0100%/8h= +10.9% APRnext payment +$1.00 per $10,000 · paid last 24h +0.030%
Price spread now: KuCoin against Bybit+0.104%7-day average +0.107% · you sell dearer than you buy
Net, funding: paid 7d − costs−$620as in the Funding arb table
Net, price: spread back to 7d avg − costs−$662as in the Price arb table
costs, in and out, $10k−$6626.616% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.417%+$42 on $10k
Price spread, last 4 days (all we have)−0.184%−$18 · spread now +0.104%, 7d avg +0.107%
Together, before fees+0.232%+$23 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.107%, so right now this pair is about funding alone: +$3 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit CRWDUSDT249.450get 0.0000% / 8h5h 45m$1.1M$475K25x
ShortKuCoin CRWDUSDTM249.710.0100get 0.0100% / 8h5h 45m$36K$389K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin against Bybit. 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

Funding earned
$21
Price spread: +0.104% → +0.107%
−$0.26
Slippage, 4 orders
−$638.57
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$640.83
Costs to cover
6.616%
Break-even
220.6 days
Slippage from Bybit: live order book, 3 min ago; KuCoin: live order book, 58 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Bybit live order book, 3 min ago5.22 bp21.4 bp −$21197.1 bp −$1,971doesn't fitdoesn't fit
Sell KuCoin live order book, 58 min ago12.95 bp188.1 bp −$188doesn't fitdoesn't fitdoesn't fit

CRWD on 18 exchanges

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BloFin CRWD-USDT−0.0017%8h249.57+0.048%$71K$24K25xas long as short
Aster CRWDUSDT0.0000%8h249.69+0.097%$4K$36K20xas long as short
Binance CRWDUSDT0.0000%8h249.59+0.056%$2.5M$7.5M25xas long as short
Bybit CRWDUSDTlong0.0000%8h249.45long leg$1.1M$475K25x
OKX CRWD-USDT-SWAP0.0000%8h249.65+0.080%$548K$772K25xas long as short
Bitget CRWDUSDT0.0000%8h249.51+0.024%$305K$409K20xas long as short
Variational Omni CRWD0.0000%8h249.59+0.055%$70K$55Kas long as short
GRVT CRWD_USDT_Perp0.0000%8h249.66+0.085%$484$122K10xas long as short
SunX CRWD-USDT0.0000%8h249.57+0.048%$2K$1.1M10xas long as short
HTX CRWD-USDT0.0000%8h249.65+0.080%$6K$7K20xas long as short
Show all 18 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Phemex CRWDUSDT0.0000%8h249.69+0.096%$1.5M$236K10xas long as short
QFEX CRWD-USD+0.0039%1h249.60+0.060%$1.2M$2.6M10xas long as short
Extended CRWD_24_5-USD+0.0048%1h249.47+0.008%$99K$20010xas long as short
tradeXYZ xyz:CRWD+0.0050%1h249.40−0.020%$894K$697K10xas long as short
Paragon para:CRWD+0.0060%1h249.28−0.068%$84K$108K10xas long as short
KuCoin CRWDUSDTMshort+0.0100%8h249.71+0.104%$36K$389K20x
Injective CRWD/USDC PERP+0.0220%1h251.56+0.846%$22K$20K12xas long as short
Phoenix CRWD+0.0256%1h249.52+0.028%$6$120K10xas long as short