Funding you earn now, next payment 08:00 UTC+0.0100%/8h= +10.9% APRnext payment +$1.00 per $10,000 · paid last 24h +0.045%
Price spread now: KuCoin against Bybit+0.044%7-day average +0.109% · you sell dearer than you buy
Net, funding: paid 7d − costs−$534as in the Funding arb table
Net, price: spread back to 7d avg − costs−$582as in the Price arb table
costs, in and out, $10k−$5765.760% of the position
Funding, last 7 days+0.416%+$42 on $10k
+Price spread, last 4 days (all we have)−0.073%−$7 · spread now +0.044%, 7d avg +0.109%
=Funding pays, the price is against you. KuCoin is 0.064% cheaper against Bybit than usual: you would sell low and buy high (spread +0.044% now, against its 7-day average of +0.109%). If the spread goes back, that is −$6 on $10k: about 2.1 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 | Bybit CRWDUSDT | 248.97 | 0 | get 0.0000% / 8h | 6h 14m | $1.2M | $533K | 25x |
| Short | KuCoin CRWDUSDTM | 249.08 | 0.0100 | get 0.0100% / 8h | 6h 14m | $34K | $464K | 20x |
Bybit CRWDUSDT
KuCoin CRWDUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against Bybit. 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: +0.044% → +0.109%
- −$6.43
- Slippage, 4 orders
- −$553
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$561.43
- Costs to cover
- 5.760%
- Break-even
- 194.1 days
Slippage from Bybit: live order book, 1 min ago; KuCoin: live order book, 23 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 Bybit live order book, 1 min ago | 5.02 bp | 11.1 bp −$11 | 182.6 bp −$1,826 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 23 min ago | 10.46 bp | 186.4 bp −$186 | doesn't fit | doesn't fit | doesn't fit |
CRWD on 17 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 | 239.49 | −3.808% | $21K | $19K | 12x | as long as short |
| Aster CRWDUSDT | 0.0000% | 8h | 249.09 | +0.046% | $4K | $37K | 20x | as long as short |
| Binance CRWDUSDT | 0.0000% | 8h | 249.23 | +0.103% | $2.4M | $6.7M | 25x | as long as short |
| Bybit CRWDUSDTlong | 0.0000% | 8h | 248.97 | long leg | $1.2M | $533K | 25x | |
| OKX CRWD-USDT-SWAP | 0.0000% | 8h | 248.87 | −0.040% | $614K | $616K | 25x | as long as short |
| Bitget CRWDUSDT | 0.0000% | 8h | 249.06 | +0.036% | $292K | $416K | 20x | as long as short |
| Variational Omni CRWD | 0.0000% | 8h | 249.14 | +0.070% | $67K | $60K | — | as long as short |
| GRVT CRWD_USDT_Perp | 0.0000% | 8h | 249.30 | +0.133% | $643 | $110K | 10x | as long as short |
| SunX CRWD-USDT | 0.0000% | 8h | 249.12 | +0.060% | $2K | $1.2M | 10x | as long as short |
| HTX CRWD-USDT | 0.0000% | 8h | 249.42 | +0.181% | $6K | $7K | 20x | as long as short |
Injective CRWD/USDC PERP
Aster CRWDUSDT
Binance CRWDUSDT
OKX CRWD-USDT-SWAP
Bitget CRWDUSDT
Variational Omni CRWD
GRVT CRWD_USDT_Perp
SunX CRWD-USDT
HTX CRWD-USDTShow all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Phemex CRWDUSDT | 0.0000% | 8h | 249.19 | +0.088% | $1.5M | $190K | 10x | as long as short |
| QFEX CRWD-USD | +0.0023% | 1h | 249.20 | +0.092% | $1.2M | $2.8M | 10x | as long as short |
| Extended CRWD_24_5-USD | +0.0048% | 1h | 248.76 | −0.082% | $99K | — | 10x | as long as short |
| tradeXYZ xyz:CRWD | +0.0050% | 1h | 249.05 | +0.032% | $868K | $632K | 10x | as long as short |
| KuCoin CRWDUSDTMshort | +0.0100% | 8h | 249.08 | +0.044% | $34K | $464K | 20x | |
| Phoenix CRWD | +0.0257% | 1h | 249.31 | +0.137% | $4 | $106K | 10x | as long as short |
| Paragon para:CRWD | +0.0279% | 1h | 248.82 | −0.059% | $84K | $108K | 10x | as long as short |
Phemex CRWDUSDT
QFEX CRWD-USD
Extended CRWD_24_5-USD
tradeXYZ xyz:CRWD
Phoenix CRWD
Paragon para:CRWD