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: Binance against SunX+0.052%7-day average −0.016% · you sell dearer than you buy

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

Long on SunX Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days−0.050%−$5 on $10k

Price spread, last 4 days (all we have)−0.103%−$10 · spread now +0.052%, 7d avg −0.016%

Together, before fees−0.153%−$15 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: Binance is 0.068% dearer against SunX than usual: you sell high and buy low, +$7 on $10k if it goes back to its 7-day average of −0.016%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SunX CRWD-USDT	249.83	0	get 0.0000% / 8h	2h 51m	$2K	$1.2M	10x
Short	Binance CRWDUSDT	249.96	0	get 0.0000% / 8h	2h 51m	$2.4M	$6.8M	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against SunX. 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 SunXbpFee BinancebpOrdersPrice spread, now +0.052%Rate

Funding earned: $0
Price spread: +0.052% → −0.016%: $6.78
Slippage, 4 orders: no order book: not counted
Fee SunX: 4 bp × 2 orders: −$8
Fee Binance: 5 bp × 2 orders: −$10
Net: −$11.22
Costs to cover: 0.180%
Break-even: never at this rate

Slippage unknown: SunX: live order book, 2 min ago; Binance: live order book, 3 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 SunX live order book, 2 min ago	500.21 bp	doesn't fit	doesn't fit	doesn't fit	doesn't fit
Sell Binance live order book, 3 min ago	0.40 bp	16.7 bp −$17	43.7 bp −$437	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	−1.349%	$22K	$20K	12x	as long as short
BloFin CRWD-USDT	0.0000%	8h	250.46	+0.252%	$72K	$24K	25x	as long as short
Aster CRWDUSDT	0.0000%	8h	249.94	+0.043%	$4K	$37K	20x	as long as short
Binance CRWDUSDTshort	0.0000%	8h	249.96	+0.052%	$2.4M	$6.8M	25x
Bybit CRWDUSDT	0.0000%	8h	249.90	+0.028%	$1.2M	$530K	25x	as long as short
OKX CRWD-USDT-SWAP	0.0000%	8h	249.97	+0.056%	$600K	$680K	25x	as long as short
Bitget CRWDUSDT	0.0000%	8h	250.01	+0.072%	$293K	$416K	20x	as long as short
Variational Omni CRWD	0.0000%	8h	249.88	+0.021%	$67K	$60K	—	as long as short
GRVT CRWD_USDT_Perp	0.0000%	8h	250.29	+0.185%	$1K	$118K	10x	as long as short
SunX CRWD-USDTlong	0.0000%	8h	249.83	long leg	$2K	$1.2M	10x

Show all 18 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
HTX CRWD-USDT	0.0000%	8h	250.09	+0.104%	$6K	$7K	20x	as long as short
Phemex CRWDUSDT	0.0000%	8h	249.96	+0.052%	$1.5M	$202K	10x	as long as short
QFEX CRWD-USD	+0.0044%	1h	250.28	+0.180%	$1.2M	$2.6M	10x	as long as short
Extended CRWD_24_5-USD	+0.0048%	1h	249.66	−0.068%	$100K	—	10x	as long as short
KuCoin CRWDUSDTM	+0.0100%	8h	250.09	+0.104%	$34K	$316K	20x	as long as short
Phoenix CRWD	+0.0160%	1h	250.21	+0.152%	$6	$106K	10x	as long as short
tradeXYZ xyz:CRWD	+0.0403%	1h	249.92	+0.036%	$854K	$639K	10x	as long as short
Paragon para:CRWD	+0.0516%	1h	250.26	+0.174%	$84K	$108K	10x	as long as short