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

CRWD

RWAall CRWD markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC−0.0050%/8h= −5.5% APRpaid last 24h −0.021%
Price spread now: tradeXYZ against KuCoin−0.052%7-day average −0.098% · you buy dearer than you sell
Net, funding: paid 7d − costs−$590as in the Funding arb table
Net, price: spread back to 7d avg − costs−$533as in the Price arb table
costs, in and out, $10k−$5375.372% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.523%−$52 on $10k
Price spread, last 4 days (all we have)+0.204%+$20 · spread now −0.052%, 7d avg −0.098%
Together, before fees−0.318%+ Points / potential airdroptradeXYZ: Active · farm board−$32 on $10k · with fees, hour by hour
The price spread pays, funding is against you. tradeXYZ is 0.046% dearer against KuCoin than usual: you sell high and buy low (spread −0.052% now, against its 7-day average of −0.098%): +$5 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 3.0 days. At the pace of the last 7 days (−0.523% in total) that is about 15 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin CRWDUSDTM249.020.0100pay 0.0100% / 8h5h 21m$34K$438K20x
ShorttradeXYZ xyz:CRWD248.890.0050get 0.0006% / 1h21m 49s$867K$627K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

tradeXYZ 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

Funding earned
−$10.5
Price spread: −0.052% → −0.098%
$4.56
Slippage, 4 orders
−$507.25
Fee KuCoin: 6 bp × 2 orders
−$12
Fee tradeXYZ: 9 bp × 2 orders
−$18
Net
−$543.19
Costs to cover
5.372%
Break-even
never at this rate
Slippage from KuCoin: live order book, 76 min ago; tradeXYZ: live order book, 15 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 KuCoin live order book, 76 min ago10.46 bp313.4 bp −$313doesn't fitdoesn't fitdoesn't fit
Sell tradeXYZ live order book, 15 min ago3.21 bp20.5 bp −$21doesn't fitdoesn't fitdoesn't fit

CRWD on 18 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective CRWD/USDC PERP−0.0220%1h240.64−3.365%$21K$20K12xas long as short
Aster CRWDUSDT0.0000%8h249.05+0.012%$4K$37K20xas long as short
Binance CRWDUSDT0.0000%8h249.16+0.055%$2.4M$6.7M25xas long as short
Bybit CRWDUSDT0.0000%8h248.86−0.064%$1.1M$530K25xas long as short
OKX CRWD-USDT-SWAP0.0000%8h249.33+0.124%$601K$652K25xas long as short
Bitget CRWDUSDT0.0000%8h249.16+0.056%$292K$416K20xas long as short
Variational Omni CRWD0.0000%8h249.09+0.030%$67K$60Kas long as short
GRVT CRWD_USDT_Perp0.0000%8h249.26+0.096%$1K$112K10xas long as short
SunX CRWD-USDT0.0000%8h249.16+0.056%$2K$1.2M10xas long as short
HTX CRWD-USDT0.0000%8h249.30+0.112%$6K$7K20xas long as short
Show all 18 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Phemex CRWDUSDT0.0000%8h249.15+0.052%$1.5M$191K10xas long as short
BloFin CRWD-USDT+0.0005%8h249.16+0.056%$73K$24K25xas long as short
QFEX CRWD-USD+0.0046%1h249.07+0.020%$1.2M$2.8M10xas long as short
Extended CRWD_24_5-USD+0.0048%1h248.88−0.056%$99K10xas long as short
tradeXYZ xyz:CRWDshort+0.0050%1h248.89−0.052%$867K$627K10x
KuCoin CRWDUSDTMlong+0.0100%8h249.02long leg$34K$438K20x
Paragon para:CRWD+0.0284%1h248.71−0.124%$84K$108K10xas long as short
Phoenix CRWD+0.0289%1h249.06+0.016%$4$106K10xas long as short