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: OKX against SunX−0.096%7-day average +0.033% · you buy dearer than you sell

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

Long on SunX Short on OKX

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)+0.129%+$13 · spread now −0.096%, 7d avg +0.033%

Together, before fees+0.089%+$9 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: OKX is 0.129% cheaper against SunX than usual: you would sell low and buy high, −$13 on $10k if it goes back to its 7-day average of +0.033%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SunX CRWD-USDT	250.86	0	get 0.0000% / 8h	37m 19s	$2K	$1.1M	10x
Short	OKX CRWD-USDT-SWAP	250.62	0	get 0.0000% / 8h	37m 19s	$546K	$764K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX 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 OKXbpOrdersPrice spread, now −0.096%Rate

Funding earned: $0
Price spread: −0.096% → +0.033%: −$12.88
Slippage, 4 orders: no order book: not counted
Fee SunX: 4 bp × 2 orders: −$8
Fee OKX: 5 bp × 2 orders: −$10
Net: −$30.88
Costs to cover: 0.180%
Break-even: never at this rate

Slippage unknown: SunX: live order book, 6 min ago; OKX: live order book, 64 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, 6 min ago	500.31 bp	doesn't fit	doesn't fit	doesn't fit	doesn't fit
Sell OKX live order book, 64 min ago	6.59 bp	52.8 bp −$53	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	246.01	−1.933%	$22K	$20K	12x	as long as short
Aster CRWDUSDT	0.0000%	8h	250.76	−0.040%	$4K	$35K	20x	as long as short
Binance CRWDUSDT	0.0000%	8h	250.87	+0.006%	$2.5M	$7.3M	25x	as long as short
Bybit CRWDUSDT	0.0000%	8h	250.52	−0.136%	$1.2M	$449K	25x	as long as short
OKX CRWD-USDT-SWAPshort	0.0000%	8h	250.62	−0.096%	$546K	$764K	25x
Bitget CRWDUSDT	0.0000%	8h	250.86	0.000%	$306K	$443K	20x	as long as short
Variational Omni CRWD	0.0000%	8h	250.79	−0.029%	$68K	$60K	—	as long as short
SunX CRWD-USDTlong	0.0000%	8h	250.86	long leg	$2K	$1.1M	10x
HTX CRWD-USDT	0.0000%	8h	251.08	+0.088%	$6K	$7K	20x	as long as short
Phemex CRWDUSDT	0.0000%	8h	250.90	+0.016%	$1.5M	$221K	10x	as long as short

Show all 18 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
QFEX CRWD-USD	+0.0017%	1h	250.96	+0.040%	$1.2M	$2.7M	10x	as long as short
BloFin CRWD-USDT	+0.0023%	8h	250.96	+0.040%	$70K	$24K	25x	as long as short
GRVT CRWD_USDT_Perp	+0.0033%	8h	250.82	−0.017%	$627	$125K	10x	as long as short
Extended CRWD_24_5-USD	+0.0048%	1h	250.74	−0.048%	$100K	—	10x	as long as short
KuCoin CRWDUSDTM	+0.0100%	8h	250.77	−0.036%	$34K	$234K	20x	as long as short
tradeXYZ xyz:CRWD	+0.0106%	1h	250.72	−0.056%	$894K	$676K	10x	as long as short
Phoenix CRWD	+0.0128%	1h	250.87	+0.004%	$3	$121K	10x	as long as short
Paragon para:CRWD	+0.0340%	1h	250.76	−0.040%	$85K	$108K	10x	as long as short