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: OKX against KuCoin+0.012%7-day average −0.052% · you sell dearer than you buy

Net, funding: paid 7d − costs−$679as in the Funding arb table

Net, price: spread back to 7d avg − costs−$645as in the Price arb table

costs, in and out, $10k−$6516.509% of the position

Long on KuCoin Short on OKX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.284%−$28 on $10k

Price spread, last 4 days (all we have)−0.055%−$6 · spread now +0.012%, 7d avg −0.052%

Together, before fees−0.339%−$34 on $10k · with fees, hour by hour

The price spread pays, funding is against you. OKX is 0.064% dearer against KuCoin than usual: you sell high and buy low (spread +0.012% now, against its 7-day average of −0.052%): +$6 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 2.1 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin CRWDUSDTM	250.75	0.0100	pay 0.0100% / 8h	34m 59s	$34K	$232K	20x
Short	OKX CRWD-USDT-SWAP	250.78	0	get 0.0000% / 8h	34m 59s	$547K	$764K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX 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 OKXbpOrdersPrice spread, now +0.012%Rate

Funding earned: −$21
Price spread: +0.012% → −0.052%: $6.36
Slippage, 4 orders: −$628.87
Fee KuCoin: 6 bp × 2 orders: −$12
Fee OKX: 5 bp × 2 orders: −$10
Net: −$665.52
Costs to cover: 6.509%
Break-even: never at this rate

Slippage from KuCoin: live order book, 67 min ago; OKX: live order book, 1 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, 67 min ago	18.35 bp	321.1 bp −$321	doesn't fit	doesn't fit	doesn't fit
Sell OKX live order book, 1 min ago	3.39 bp	21.9 bp −$22	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	246.01	−1.890%	$22K	$20K	12x	as long as short
BloFin CRWD-USDT	−0.0004%	8h	250.96	+0.084%	$70K	$24K	25x	as long as short
Aster CRWDUSDT	0.0000%	8h	250.81	+0.022%	$4K	$35K	20x	as long as short
Binance CRWDUSDT	0.0000%	8h	250.89	+0.056%	$2.5M	$7.3M	25x	as long as short
Bybit CRWDUSDT	0.0000%	8h	250.63	−0.048%	$1.2M	$441K	25x	as long as short
OKX CRWD-USDT-SWAPshort	0.0000%	8h	250.78	+0.012%	$547K	$764K	25x
Bitget CRWDUSDT	0.0000%	8h	250.83	+0.032%	$306K	$443K	20x	as long as short
Variational Omni CRWD	0.0000%	8h	250.89	+0.055%	$68K	$60K	—	as long as short
SunX CRWD-USDT	0.0000%	8h	250.84	+0.036%	$2K	$1.1M	10x	as long as short
HTX CRWD-USDT	0.0000%	8h	251.08	+0.132%	$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	250.90	+0.060%	$1.5M	$221K	10x	as long as short
QFEX CRWD-USD	+0.0017%	1h	250.87	+0.048%	$1.2M	$2.7M	10x	as long as short
GRVT CRWD_USDT_Perp	+0.0033%	8h	250.82	+0.026%	$627	$125K	10x	as long as short
Extended CRWD_24_5-USD	+0.0048%	1h	250.74	−0.004%	$100K	—	10x	as long as short
tradeXYZ xyz:CRWD	+0.0098%	1h	250.71	−0.016%	$894K	$676K	10x	as long as short
KuCoin CRWDUSDTMlong	+0.0100%	8h	250.75	long leg	$34K	$232K	20x
Phoenix CRWD	+0.0128%	1h	250.87	+0.048%	$5	$121K	10x	as long as short
Paragon para:CRWD	+0.0325%	1h	250.65	−0.040%	$85K	$108K	10x	as long as short