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: KuCoin against OKX−0.052%7-day average +0.055% · you buy dearer than you sell

Net, funding: paid 7d − costs−$559as in the Funding arb table

Net, price: spread back to 7d avg − costs−$598as in the Price arb table

costs, in and out, $10k−$5875.872% of the position

Long on OKX Short on KuCoin

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)+0.096%+$10 · spread now −0.052%, 7d avg +0.055%

Together, before fees+0.380%+$38 on $10k · with fees, hour by hour

Funding pays, the price is against you. KuCoin is 0.107% cheaper against OKX than usual: you would sell low and buy high (spread −0.052% now, against its 7-day average of +0.055%). If the spread goes back, that is −$11 on $10k: about 3.6 days of funding at the current rate (+$3 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	OKX CRWD-USDT-SWAP	249.14	0	get 0.0000% / 8h	5h 51m	$615K	$615K	25x
Short	KuCoin CRWDUSDTM	249.01	0.0100	get 0.0100% / 8h	5h 51m	$34K	$454K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin against OKX. 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 OKXbpFee KuCoinbpOrdersPrice spread, now −0.052%Rate

Funding earned: $21
Price spread: −0.052% → +0.055%: −$10.74
Slippage, 4 orders: −$565.19
Fee OKX: 5 bp × 2 orders: −$10
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$576.93
Costs to cover: 5.872%
Break-even: 199.3 days

Slippage from OKX: live order book, 10 min ago; KuCoin: live order book, 46 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 OKX live order book, 10 min ago	6.02 bp	47.1 bp −$47	doesn't fit	doesn't fit	doesn't fit
Sell KuCoin live order book, 46 min ago	10.46 bp	186.4 bp −$186	doesn't fit	doesn't fit	doesn't fit

CRWD on 17 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	240.64	−3.412%	$21K	$20K	12x	as long as short
Aster CRWDUSDT	0.0000%	8h	249.02	−0.050%	$4K	$37K	20x	as long as short
Binance CRWDUSDT	0.0000%	8h	249.04	−0.041%	$2.4M	$6.7M	25x	as long as short
Bybit CRWDUSDT	0.0000%	8h	248.85	−0.116%	$1.1M	$529K	25x	as long as short
OKX CRWD-USDT-SWAPlong	0.0000%	8h	249.14	long leg	$615K	$615K	25x
Bitget CRWDUSDT	0.0000%	8h	249.01	−0.052%	$292K	$416K	20x	as long as short
Variational Omni CRWD	0.0000%	8h	249.06	−0.033%	$67K	$60K	—	as long as short
GRVT CRWD_USDT_Perp	0.0000%	8h	249.12	−0.008%	$678	$111K	10x	as long as short
SunX CRWD-USDT	0.0000%	8h	249.03	−0.044%	$2K	$1.2M	10x	as long as short
HTX CRWD-USDT	0.0000%	8h	249.21	+0.028%	$6K	$7K	20x	as long as short

Show all 17 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Phemex CRWDUSDT	0.0000%	8h	249.14	0.000%	$1.5M	$191K	10x	as long as short
QFEX CRWD-USD	+0.0046%	1h	248.96	−0.072%	$1.2M	$2.8M	10x	as long as short
Extended CRWD_24_5-USD	+0.0048%	1h	248.87	−0.110%	$99K	—	10x	as long as short
tradeXYZ xyz:CRWD	+0.0050%	1h	248.92	−0.088%	$867K	$627K	10x	as long as short
KuCoin CRWDUSDTMshort	+0.0100%	8h	249.01	−0.052%	$34K	$454K	20x
Phoenix CRWD	+0.0289%	1h	249.02	−0.048%	$2	$106K	10x	as long as short
Paragon para:CRWD	+0.0339%	1h	248.66	−0.194%	$84K	$108K	10x	as long as short