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: Bitget against KuCoin0.000%7-day average −0.087% · you sell dearer than you buy

Net, funding: paid 7d − costs−$504as in the Funding arb table

Net, price: spread back to 7d avg − costs−$471as in the Price arb table

costs, in and out, $10k−$4804.795% of the position

Long on KuCoin Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 7 days−0.244%−$24 on $10k

Price spread, last 4 days (all we have)+0.013%+$1 · spread now 0.000%, 7d avg −0.087%

Together, before fees−0.230%−$23 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Bitget is 0.087% dearer against KuCoin than usual: you sell high and buy low (spread 0.000% now, against its 7-day average of −0.087%): +$9 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 2.9 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin CRWDUSDTM	250.65	0.0100	pay 0.0100% / 8h	11m 46s	$34K	$244K	20x
Short	Bitget CRWDUSDT	250.65	0	get 0.0000% / 8h	11m 46s	$305K	$410K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget 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 BitgetbpOrdersPrice spread, now 0.000%Rate

Funding earned: −$21
Price spread: 0.000% → −0.087%: $8.69
Slippage, 4 orders: −$455.51
Fee KuCoin: 6 bp × 2 orders: −$12
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$491.83
Costs to cover: 4.795%
Break-even: never at this rate

Slippage from KuCoin: live order book, 20 min ago; Bitget: live order book, 23 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, 20 min ago	14.76 bp	310.4 bp −$310	doesn't fit	doesn't fit	doesn't fit
Sell Bitget live order book, 23 min ago	11.16 bp	42.1 bp −$42	69.8 bp −$698	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	246.01	−1.851%	$22K	$20K	12x	as long as short
BloFin CRWD-USDT	−0.0029%	8h	250.76	+0.044%	$70K	$24K	25x	as long as short
Aster CRWDUSDT	0.0000%	8h	250.50	−0.062%	$4K	$35K	20x	as long as short
Binance CRWDUSDT	0.0000%	8h	250.81	+0.064%	$2.5M	$7.3M	25x	as long as short
Bybit CRWDUSDT	0.0000%	8h	250.52	−0.052%	$1.2M	$440K	25x	as long as short
OKX CRWD-USDT-SWAP	0.0000%	8h	250.72	+0.028%	$547K	$765K	25x	as long as short
Bitget CRWDUSDTshort	0.0000%	8h	250.65	0.000%	$305K	$410K	20x
Variational Omni CRWD	0.0000%	8h	250.83	+0.073%	$68K	$56K	—	as long as short
SunX CRWD-USDT	0.0000%	8h	250.73	+0.032%	$2K	$1.1M	10x	as long as short
HTX CRWD-USDT	0.0000%	8h	251.00	+0.140%	$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	250.85	+0.080%	$1.5M	$221K	10x	as long as short
QFEX CRWD-USD	+0.0017%	1h	250.83	+0.072%	$1.2M	$2.7M	10x	as long as short
GRVT CRWD_USDT_Perp	+0.0026%	8h	250.84	+0.077%	$464	$124K	10x	as long as short
Extended CRWD_24_5-USD	+0.0048%	1h	250.59	−0.026%	$100K	—	10x	as long as short
KuCoin CRWDUSDTMlong	+0.0100%	8h	250.65	long leg	$34K	$244K	20x
tradeXYZ xyz:CRWD	+0.0101%	1h	250.58	−0.028%	$894K	$676K	10x	as long as short
Phoenix CRWD	+0.0128%	1h	250.67	+0.008%	$3	$121K	10x	as long as short
Paragon para:CRWD	+0.0383%	1h	250.48	−0.068%	$84K	$108K	10x	as long as short