CRWD

Alert: funding

Alert: spread

Funding you earn now, next payment 16:00 UTC+0.0100%/8h= +10.9% APRnext payment +$1.00 per $10,000 · paid last 24h +0.030%

Price spread now: KuCoin against Binance−0.040%7-day average +0.088% · you buy dearer than you sell

Net, funding: paid 7d − costs−$518as in the Funding arb table

Net, price: spread back to 7d avg − costs−$560as in the Price arb table

costs, in and out, $10k−$5475.470% of the position

Long on Binance Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.294%+$29 on $10k

Price spread, last 4 days (all we have)−0.075%−$8 · spread now −0.040%, 7d avg +0.088%

Together, before fees+0.219%+$22 on $10k · with fees, hour by hour

Funding pays, the price is against you. KuCoin is 0.128% cheaper against Binance than usual: you would sell low and buy high (spread −0.040% now, against its 7-day average of +0.088%). If the spread goes back, that is −$13 on $10k: about 4.3 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	Binance CRWDUSDT	249.72	0	get 0.0000% / 8h	5h 42m	$2.5M	$7.5M	25x
Short	KuCoin CRWDUSDTM	249.62	0.0100	get 0.0100% / 8h	5h 42m	$36K	$393K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin against Binance. 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 BinancebpFee KuCoinbpOrdersPrice spread, now −0.040%Rate

Funding earned: $21
Price spread: −0.040% → +0.088%: −$12.8
Slippage, 4 orders: −$525.04
Fee Binance: 5 bp × 2 orders: −$10
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$538.84
Costs to cover: 5.470%
Break-even: 186.6 days

Slippage from Binance: live order book, 4 min ago; KuCoin: live order book, 61 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 Binance live order book, 4 min ago	2.20 bp	14.2 bp −$14	45.8 bp −$458	184.7 bp −$18.5K	doesn't fit
Sell KuCoin live order book, 61 min ago	12.95 bp	188.1 bp −$188	doesn't fit	doesn't fit	doesn't fit

CRWD on 18 exchanges

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
Aster CRWDUSDT	0.0000%	8h	249.70	−0.007%	$4K	$36K	20x	as long as short
Binance CRWDUSDTlong	0.0000%	8h	249.72	long leg	$2.5M	$7.5M	25x
Bybit CRWDUSDT	0.0000%	8h	249.42	−0.120%	$1.1M	$475K	25x	as long as short
OKX CRWD-USDT-SWAP	0.0000%	8h	249.65	−0.028%	$548K	$772K	25x	as long as short
Bitget CRWDUSDT	0.0000%	8h	249.68	−0.016%	$305K	$409K	20x	as long as short
Variational Omni CRWD	0.0000%	8h	249.55	−0.069%	$70K	$55K	—	as long as short
GRVT CRWD_USDT_Perp	0.0000%	8h	249.56	−0.064%	$484	$122K	10x	as long as short
SunX CRWD-USDT	0.0000%	8h	249.87	+0.060%	$2K	$1.1M	10x	as long as short
HTX CRWD-USDT	0.0000%	8h	249.94	+0.088%	$6K	$7K	20x	as long as short
Phemex CRWDUSDT	0.0000%	8h	249.68	−0.016%	$1.5M	$236K	10x	as long as short

Show all 18 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BloFin CRWD-USDT	+0.0014%	8h	249.59	−0.052%	$71K	$24K	25x	as long as short
QFEX CRWD-USD	+0.0039%	1h	249.50	−0.088%	$1.2M	$2.6M	10x	as long as short
Extended CRWD_24_5-USD	+0.0048%	1h	249.25	−0.188%	$99K	$200	10x	as long as short
tradeXYZ xyz:CRWD	+0.0050%	1h	248.80	−0.368%	$892K	$697K	10x	as long as short
Paragon para:CRWD	+0.0060%	1h	249.28	−0.176%	$84K	$108K	10x	as long as short
KuCoin CRWDUSDTMshort	+0.0100%	8h	249.62	−0.040%	$36K	$393K	20x
Injective CRWD/USDC PERP	+0.0220%	1h	251.56	+0.737%	$22K	$20K	12x	as long as short
Phoenix CRWD	+0.0256%	1h	249.62	−0.040%	$4	$120K	10x	as long as short