Funding you earn now, next payment 06:00 UTC−0.0056%/8h= −6.2% APRpaid last 24h −0.030%
Price spread now: QFEX against KuCoin+0.028%7-day average −0.111% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$524as in the Price arb table
costs, in and out, $10k−$5385.376% of the position
Funding, last 4 days (all we have)−0.152%−$15 on $10k
+Price spread, last 4 days (all we have)−0.089%−$9 · spread now +0.028%, 7d avg −0.111%
=The price spread pays, funding is against you. QFEX is 0.138% dearer against KuCoin than usual: you sell high and buy low (spread +0.028% now, against its 7-day average of −0.111%): +$14 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 8.2 days. At the pace of the last 4 days (−0.152% in total) that is about 3.3 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin CRWDUSDTM | 251.20 | 0.0100 | pay 0.0100% / 8h | 2h 24m | $34K | $297K | 20x |
| Short | QFEX CRWD-USD | 251.27 | 0.0044 | get 0.0005% / 1h | 24m 06s | $1.2M | $2.6M | 10x |
KuCoin CRWDUSDTM
QFEX CRWD-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
QFEX against KuCoin. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$11.81
- Price spread: +0.028% → −0.111%
- $13.84
- Slippage, 4 orders
- −$515.62
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee QFEX: 5 bp × 2 orders
- −$10
- Net
- −$535.59
- Costs to cover
- 5.376%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 33 min ago; QFEX: live order book, 4 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, 33 min ago | 15.78 bp | 234.2 bp −$234 | doesn't fit | doesn't fit | doesn't fit |
| Sell QFEX live order book, 4 min ago | 1.99 bp | 7.6 bp −$8 | 18.1 bp −$181 | 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 | 246.46 | −1.887% | $22K | $20K | 12x | as long as short |
| BloFin CRWD-USDT | −0.0025% | 8h | 251.32 | +0.048% | $72K | $24K | 25x | as long as short |
| Aster CRWDUSDT | 0.0000% | 8h | 251.22 | +0.009% | $4K | $37K | 20x | as long as short |
| Binance CRWDUSDT | 0.0000% | 8h | 251.38 | +0.074% | $2.5M | $7.0M | 25x | as long as short |
| Bybit CRWDUSDT | 0.0000% | 8h | 251.22 | +0.008% | $1.2M | $550K | 25x | as long as short |
| OKX CRWD-USDT-SWAP | 0.0000% | 8h | 251.10 | −0.040% | $602K | $692K | 25x | as long as short |
| Bitget CRWDUSDT | 0.0000% | 8h | 251.20 | 0.000% | $294K | $416K | 20x | as long as short |
| Variational Omni CRWD | 0.0000% | 8h | 251.27 | +0.029% | $68K | $60K | — | as long as short |
| GRVT CRWD_USDT_Perp | 0.0000% | 8h | 250.82 | −0.149% | $1K | $121K | 10x | as long as short |
| SunX CRWD-USDT | 0.0000% | 8h | 251.35 | +0.060% | $2K | $1.2M | 10x | as long as short |
Injective CRWD/USDC PERP
BloFin CRWD-USDT
Aster CRWDUSDT
Binance CRWDUSDT
Bybit CRWDUSDT
OKX CRWD-USDT-SWAP
Bitget CRWDUSDT
Variational Omni CRWD
GRVT CRWD_USDT_Perp
SunX CRWD-USDTShow all 18 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX CRWD-USDT | 0.0000% | 8h | 251.38 | +0.072% | $6K | $7K | 20x | as long as short |
| Phemex CRWDUSDT | 0.0000% | 8h | 251.44 | +0.096% | $1.5M | $210K | 10x | as long as short |
| QFEX CRWD-USDshort | +0.0044% | 1h | 251.27 | +0.028% | $1.2M | $2.6M | 10x | |
| Extended CRWD_24_5-USD | +0.0048% | 1h | 251.10 | −0.040% | $100K | — | 10x | as long as short |
| KuCoin CRWDUSDTMlong | +0.0100% | 8h | 251.20 | long leg | $34K | $297K | 20x | |
| tradeXYZ xyz:CRWD | +0.0108% | 1h | 251.11 | −0.036% | $876K | $666K | 10x | as long as short |
| Paragon para:CRWD | +0.0116% | 1h | 250.98 | −0.088% | $85K | $108K | 10x | as long as short |
| Phoenix CRWD | +0.0160% | 1h | 250.98 | −0.088% | $4 | $106K | 10x | as long as short |
HTX CRWD-USDT
Phemex CRWDUSDT
Extended CRWD_24_5-USD
tradeXYZ xyz:CRWD
Paragon para:CRWD
Phoenix CRWD