Funding arb · Price arb /

CRWD

RWAall CRWD markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: SunX against OKX+0.172%7-day average −0.035% · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on OKX Short on SunX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.041%+$4 on $10k

Price spread, last 4 days (all we have)−0.220%−$22 · spread now +0.172%, 7d avg −0.035%

Together, before fees−0.179%−$18 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: SunX is 0.207% dearer against OKX than usual: you sell high and buy low, +$21 on $10k if it goes back to its 7-day average of −0.035%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	OKX CRWD-USDT-SWAP	250.44	0	get 0.0000% / 8h	1h 38m	$592K	$701K	25x
Short	SunX CRWD-USDT	250.87	0	get 0.0000% / 8h	1h 38m	$2K	$1.1M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SunX 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 SunXbpOrdersPrice spread, now +0.172%Rate

Funding earned: $0
Price spread: +0.172% → −0.035%: $20.69
Slippage, 4 orders: no order book: not counted
Fee OKX: 5 bp × 2 orders: −$10
Fee SunX: 4 bp × 2 orders: −$8
Net: $2.69
Costs to cover: 0.180%
Break-even: from the start

Slippage unknown: OKX: live order book, 2 min ago; SunX: live order book, 4 min ago. Net counts fees only.

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, 2 min ago	6.59 bp	32.0 bp −$32	doesn't fit	doesn't fit	doesn't fit
Sell SunX live order book, 4 min ago	500.22 bp	doesn't fit	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	244.15	−2.512%	$21K	$20K	12x	as long as short
BloFin CRWD-USDT	−0.0001%	8h	250.58	+0.056%	$72K	$24K	25x	as long as short
Aster CRWDUSDT	0.0000%	8h	250.56	+0.049%	$4K	$37K	20x	as long as short
Binance CRWDUSDT	0.0000%	8h	250.67	+0.093%	$2.5M	$7.1M	25x	as long as short
Bybit CRWDUSDT	0.0000%	8h	250.44	0.000%	$1.1M	$555K	25x	as long as short
OKX CRWD-USDT-SWAPlong	0.0000%	8h	250.44	long leg	$592K	$701K	25x
Bitget CRWDUSDT	0.0000%	8h	250.86	+0.168%	$314K	$436K	20x	as long as short
Variational Omni CRWD	0.0000%	8h	250.63	+0.076%	$67K	$60K	—	as long as short
SunX CRWD-USDTshort	0.0000%	8h	250.87	+0.172%	$2K	$1.1M	10x
HTX CRWD-USDT	0.0000%	8h	250.80	+0.144%	$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	250.78	+0.136%	$1.5M	$210K	10x	as long as short
GRVT CRWD_USDT_Perp	+0.0048%	8h	250.70	+0.104%	$817	$124K	10x	as long as short
Extended CRWD_24_5-USD	+0.0048%	1h	250.47	+0.012%	$100K	—	10x	as long as short
tradeXYZ xyz:CRWD	+0.0050%	1h	250.46	+0.008%	$892K	$676K	10x	as long as short
QFEX CRWD-USD	+0.0064%	1h	250.65	+0.084%	$1.2M	$2.7M	10x	as long as short
KuCoin CRWDUSDTM	+0.0100%	8h	250.65	+0.084%	$34K	$268K	20x	as long as short
Phoenix CRWD	+0.0286%	1h	250.48	+0.016%	$4	$106K	10x	as long as short
Paragon para:CRWD	+0.0376%	1h	250.35	−0.034%	$84K	$108K	10x	as long as short