Funding you earn now, next payment 08:00 UTC+0.0100%/8h= +10.9% APRnext payment +$1.00 per $10,000 · paid last 24h +0.030%
Price spread now: KuCoin against Bitget−0.004%7-day average +0.093% · you buy dearer than you sell
Net, funding: paid 7d − costs−$523as in the Funding arb table
Net, price: spread back to 7d avg − costs−$557as in the Price arb table
costs, in and out, $10k−$5475.470% of the position
Funding, last 7 days+0.244%+$24 on $10k
+Price spread, last 4 days (all we have)−0.004%$0 · spread now −0.004%, 7d avg +0.093%
=Funding pays, the price is against you. KuCoin is 0.097% cheaper against Bitget than usual: you would sell low and buy high (spread −0.004% now, against its 7-day average of +0.093%). If the spread goes back, that is −$10 on $10k: about 3.2 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 | Bitget CRWDUSDT | 249.10 | 0 | get 0.0000% / 8h | 4h 07m | $292K | $416K | 20x |
| Short | KuCoin CRWDUSDTM | 249.09 | 0.0100 | get 0.0100% / 8h | 4h 07m | $34K | $370K | 20x |
Bitget CRWDUSDT
KuCoin CRWDUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against Bitget. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $21
- Price spread: −0.004% → +0.093%
- −$9.7
- Slippage, 4 orders
- −$522.96
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$535.66
- Costs to cover
- 5.470%
- Break-even
- 185.6 days
Slippage from Bitget: live order book, 47 min ago; KuCoin: live order book, 5 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, 47 min ago | 12.45 bp | 25.8 bp −$26 | 43.0 bp −$430 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 5 min ago | 14.05 bp | 173.9 bp −$174 | 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 | 245.61 | −1.401% | $22K | $20K | 12x | as long as short |
| BloFin CRWD-USDT | −0.0023% | 8h | 249.15 | +0.020% | $72K | $24K | 25x | as long as short |
| Aster CRWDUSDT | 0.0000% | 8h | 249.05 | −0.022% | $4K | $37K | 20x | as long as short |
| Binance CRWDUSDT | 0.0000% | 8h | 249.12 | +0.008% | $2.4M | $6.7M | 25x | as long as short |
| Bybit CRWDUSDT | 0.0000% | 8h | 249.01 | −0.036% | $1.1M | $531K | 25x | as long as short |
| OKX CRWD-USDT-SWAP | 0.0000% | 8h | 249.30 | +0.080% | $600K | $658K | 25x | as long as short |
| Bitget CRWDUSDTlong | 0.0000% | 8h | 249.10 | long leg | $292K | $416K | 20x | |
| Variational Omni CRWD | 0.0000% | 8h | 249.08 | −0.008% | $67K | $60K | — | as long as short |
| GRVT CRWD_USDT_Perp | 0.0000% | 8h | 249.16 | +0.024% | $1K | $114K | 10x | as long as short |
| SunX CRWD-USDT | 0.0000% | 8h | 249.02 | −0.032% | $2K | $1.2M | 10x | as long as short |
Injective CRWD/USDC PERP
BloFin CRWD-USDT
Aster CRWDUSDT
Binance CRWDUSDT
Bybit CRWDUSDT
OKX CRWD-USDT-SWAP
Variational Omni CRWD
GRVT CRWD_USDT_Perp
SunX CRWD-USDTShow all 18 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX CRWD-USDT | 0.0000% | 8h | 249.54 | +0.177% | $6K | $7K | 20x | as long as short |
| Phemex CRWDUSDT | 0.0000% | 8h | 249.13 | +0.012% | $1.5M | $192K | 10x | as long as short |
| QFEX CRWD-USD | +0.0040% | 1h | 249.07 | −0.012% | $1.2M | $2.7M | 10x | as long as short |
| Extended CRWD_24_5-USD | +0.0048% | 1h | 248.98 | −0.048% | $99K | — | 10x | as long as short |
| tradeXYZ xyz:CRWD | +0.0050% | 1h | 249.12 | +0.008% | $864K | $626K | 10x | as long as short |
| KuCoin CRWDUSDTMshort | +0.0100% | 8h | 249.09 | −0.004% | $34K | $370K | 20x | |
| Phoenix CRWD | +0.0225% | 1h | 249.17 | +0.028% | $4 | $106K | 10x | as long as short |
| Paragon para:CRWD | +0.0336% | 1h | 248.92 | −0.072% | $84K | $108K | 10x | as long as short |
HTX CRWD-USDT
Phemex CRWDUSDT
QFEX CRWD-USD
Extended CRWD_24_5-USD
tradeXYZ xyz:CRWD
Phoenix CRWD
Paragon para:CRWD