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: Binance against KuCoin+0.088%7-day average −0.093% · you sell dearer than you buy

Net, funding: paid 7d − costs−$668as in the Funding arb table

Net, price: spread back to 7d avg − costs−$621as in the Price arb table

costs, in and out, $10k−$6396.386% of the position

Long on KuCoin Short on Binance

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)+0.189%+$19 · spread now +0.088%, 7d avg −0.093%

Together, before fees−0.105%−$11 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Binance is 0.181% dearer against KuCoin than usual: you sell high and buy low (spread +0.088% now, against its 7-day average of −0.093%): +$18 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 6.0 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin CRWDUSDTM	250.19	0.0100	pay 0.0100% / 8h	1h 16m	$34K	$248K	20x
Short	Binance CRWDUSDT	250.41	0	get 0.0000% / 8h	1h 16m	$2.5M	$7.1M	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against KuCoin. 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 KuCoinbpFee BinancebpOrdersPrice spread, now +0.088%Rate

Funding earned: −$21
Price spread: +0.088% → −0.093%: $18.06
Slippage, 4 orders: −$616.58
Fee KuCoin: 6 bp × 2 orders: −$12
Fee Binance: 5 bp × 2 orders: −$10
Net: −$641.52
Costs to cover: 6.386%
Break-even: never at this rate

Slippage from KuCoin: live order book, 25 min ago; Binance: live order book, 7 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 KuCoin live order book, 25 min ago	18.35 bp	321.1 bp −$321	doesn't fit	doesn't fit	doesn't fit
Sell Binance live order book, 7 min ago	1.40 bp	13.0 bp −$13	43.4 bp −$434	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	244.15	−2.414%	$21K	$20K	12x	as long as short
BloFin CRWD-USDT	−0.0005%	8h	250.27	+0.032%	$72K	$24K	25x	as long as short
Aster CRWDUSDT	0.0000%	8h	250.19	+0.001%	$4K	$35K	20x	as long as short
Binance CRWDUSDTshort	0.0000%	8h	250.41	+0.088%	$2.5M	$7.1M	25x
Bybit CRWDUSDT	0.0000%	8h	250.13	−0.024%	$1.1M	$491K	25x	as long as short
OKX CRWD-USDT-SWAP	0.0000%	8h	250.06	−0.052%	$592K	$701K	25x	as long as short
Bitget CRWDUSDT	0.0000%	8h	250.81	+0.248%	$313K	$436K	20x	as long as short
Variational Omni CRWD	0.0000%	8h	250.38	+0.074%	$67K	$60K	—	as long as short
SunX CRWD-USDT	0.0000%	8h	250.46	+0.108%	$2K	$1.1M	10x	as long as short
HTX CRWD-USDT	0.0000%	8h	250.59	+0.160%	$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	250.41	+0.088%	$1.5M	$211K	10x	as long as short
Extended CRWD_24_5-USD	+0.0048%	1h	250.44	+0.100%	$100K	—	10x	as long as short
tradeXYZ xyz:CRWD	+0.0050%	1h	250.17	−0.008%	$891K	$676K	10x	as long as short
GRVT CRWD_USDT_Perp	+0.0054%	8h	250.40	+0.084%	$608	$125K	10x	as long as short
QFEX CRWD-USD	+0.0064%	1h	250.30	+0.044%	$1.2M	$2.7M	10x	as long as short
KuCoin CRWDUSDTMlong	+0.0100%	8h	250.19	long leg	$34K	$248K	20x
Phoenix CRWD	+0.0286%	1h	250.44	+0.100%	$3	$106K	10x	as long as short
Paragon para:CRWD	+0.0386%	1h	250.06	−0.052%	$84K	$108K	10x	as long as short