Funding arb · Price arb /

CRWD

RWAall CRWD markets

Swap Backtest

Alert: funding

Alert: spread

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

Price spread now: Binance against Bitget+0.044%7-day average −0.044% · you sell dearer than you buy

Net, funding: paid 7d − costs−$78as in the Funding arb table

Net, price: spread back to 7d avg − costs−$63as in the Price arb table

costs, in and out, $10k−$720.723% of the position

Long on Bitget Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days−0.053%−$5 on $10k

Price spread, last 2 days (all we have)−0.128%−$13 · spread now +0.044%, 7d avg −0.044%

Together, before fees−0.181%−$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: Binance is 0.088% dearer against Bitget than usual: you sell high and buy low, +$9 on $10k if it goes back to its 7-day average of −0.044%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget CRWDUSDT	248.74	0	get 0.0000% / 8h	38m 35s	$291K	$490K	20x
Short	Binance CRWDUSDT	248.85	0	get 0.0000% / 8h	38m 35s	$2.4M	$7.0M	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against Bitget. 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 BitgetbpFee BinancebpOrdersPrice spread, now +0.044%Rate

Funding earned: $0
Price spread: +0.044% → −0.044%: $8.84
Slippage, 4 orders: −$50.3
Fee Bitget: 6 bp × 2 orders: −$12
Fee Binance: 5 bp × 2 orders: −$10
Net: −$63.46
Costs to cover: 0.723%
Break-even: never at this rate

Slippage from Bitget: live order book, 36 min ago; Binance: live order book, 15 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 Bitget live order book, 36 min ago	7.24 bp	35.6 bp −$36	43.7 bp −$437	doesn't fit	doesn't fit
Sell Binance live order book, 15 min ago	1.81 bp	8.2 bp −$8	48.4 bp −$484	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
BloFin CRWD-USDT	−0.0026%	8h	248.80	+0.024%	$73K	$25K	25x	as long as short
Aster CRWDUSDT	0.0000%	8h	248.79	+0.020%	$4K	$37K	20x	as long as short
Binance CRWDUSDTshort	0.0000%	8h	248.85	+0.044%	$2.4M	$7.0M	25x
Bybit CRWDUSDT	0.0000%	8h	248.63	−0.044%	$1.2M	$678K	25x	as long as short
OKX CRWD-USDT-SWAP	0.0000%	8h	248.96	+0.088%	$621K	$724K	25x	as long as short
Bitget CRWDUSDTlong	0.0000%	8h	248.74	long leg	$291K	$490K	20x
Variational Omni CRWD	0.0000%	8h	248.88	+0.056%	$67K	$61K	—	as long as short
GRVT CRWD_USDT_Perp	0.0000%	8h	248.82	+0.032%	$438	$122K	10x	as long as short
SunX CRWD-USDT	0.0000%	8h	248.68	−0.024%	$2K	$1.3M	10x	as long as short
HTX CRWD-USDT	0.0000%	8h	249.04	+0.121%	$6K	$8K	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	248.88	+0.056%	$1.5M	$204K	10x	as long as short
QFEX CRWD-USD	+0.0028%	1h	248.92	+0.072%	$1.2M	$2.9M	10x	as long as short
Extended CRWD_24_5-USD	+0.0048%	1h	248.55	−0.076%	$99K	—	10x	as long as short
tradeXYZ xyz:CRWD	+0.0050%	1h	248.70	−0.016%	$866K	$654K	10x	as long as short
KuCoin CRWDUSDTM	+0.0100%	8h	248.77	+0.012%	$35K	$496K	20x	as long as short
Injective CRWD/USDC PERP	+0.0220%	1h	251.45	+1.089%	$15K	$102	12x	as long as short
Paragon para:CRWD	+0.0226%	1h	248.66	−0.032%	$84K	$113K	10x	as long as short
Phoenix CRWD	+0.0257%	1h	248.76	+0.008%	$4	$155K	10x	as long as short