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: Binance against KuCoin+0.021%7-day average −0.108% · you sell dearer than you buy
Net, funding: paid 7d − costs−$662as in the Funding arb table
Net, price: spread back to 7d avg − costs−$620as in the Price arb table
costs, in and out, $10k−$6336.326% of the position
Funding, last 7 days−0.293%−$29 on $10k
+Price spread, last 2 days (all we have)−0.248%−$25 · spread now +0.021%, 7d avg −0.108%
=The price spread pays, funding is against you. Binance is 0.128% dearer against KuCoin than usual: you sell high and buy low (spread +0.021% now, against its 7-day average of −0.108%): +$13 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 4.3 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin CRWDUSDTM | 249.16 | 0.0100 | pay 0.0100% / 8h | 6h 59m | $35K | $471K | 20x |
| Short | Binance CRWDUSDT | 249.21 | 0 | get 0.0000% / 8h | 6h 59m | $2.4M | $6.7M | 25x |
KuCoin CRWDUSDTM
Binance CRWDUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against KuCoin. 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: +0.021% → −0.108%
- $12.85
- Slippage, 4 orders
- −$610.65
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$640.8
- Costs to cover
- 6.326%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 53 min ago; Binance: live order book, 9 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 KuCoin live order book, 53 min ago | 15.63 bp | 277.8 bp −$278 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 9 min ago | 0.40 bp | 8.4 bp −$8 | 43.1 bp −$431 | 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 | 238.48 | −4.286% | $21K | $19K | 12x | as long as short |
| tradeXYZ xyz:CRWD | −0.0099% | 1h | 248.97 | −0.076% | $867K | $632K | 10x | as long as short |
| BloFin CRWD-USDT | −0.0002% | 8h | 249.27 | +0.044% | $73K | $24K | 25x | as long as short |
| Aster CRWDUSDT | 0.0000% | 8h | 249.20 | +0.017% | $4K | $37K | 20x | as long as short |
| Binance CRWDUSDTshort | 0.0000% | 8h | 249.21 | +0.021% | $2.4M | $6.7M | 25x | |
| Bybit CRWDUSDT | 0.0000% | 8h | 249.11 | −0.020% | $1.2M | $564K | 25x | as long as short |
| OKX CRWD-USDT-SWAP | 0.0000% | 8h | 249.02 | −0.056% | $615K | $625K | 25x | as long as short |
| Bitget CRWDUSDT | 0.0000% | 8h | 249.14 | −0.008% | $292K | $417K | 20x | as long as short |
| Variational Omni CRWD | 0.0000% | 8h | 249.29 | +0.054% | $67K | $60K | — | as long as short |
| GRVT CRWD_USDT_Perp | 0.0000% | 8h | 249.26 | +0.042% | $1K | $108K | 10x | as long as short |
Injective CRWD/USDC PERP
tradeXYZ xyz:CRWD
BloFin CRWD-USDT
Aster CRWDUSDT
Bybit CRWDUSDT
OKX CRWD-USDT-SWAP
Bitget CRWDUSDT
Variational Omni CRWD
GRVT CRWD_USDT_PerpShow all 18 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SunX CRWD-USDT | 0.0000% | 8h | 249.17 | +0.004% | $2K | $1.2M | 10x | as long as short |
| HTX CRWD-USDT | 0.0000% | 8h | 249.49 | +0.132% | $6K | $7K | 20x | as long as short |
| Phemex CRWDUSDT | 0.0000% | 8h | 249.29 | +0.052% | $1.5M | $191K | 10x | as long as short |
| QFEX CRWD-USD | +0.0030% | 1h | 249.12 | −0.016% | $1.2M | $2.9M | 10x | as long as short |
| Extended CRWD_24_5-USD | +0.0048% | 1h | 248.94 | −0.090% | $99K | — | 10x | as long as short |
| Paragon para:CRWD | +0.0060% | 1h | 249.18 | +0.010% | $84K | $108K | 10x | as long as short |
| KuCoin CRWDUSDTMlong | +0.0100% | 8h | 249.16 | long leg | $35K | $471K | 20x | |
| Phoenix CRWD | +0.0321% | 1h | 249.16 | 0.000% | $4 | $104K | 10x | as long as short |
SunX CRWD-USDT
HTX CRWD-USDT
Phemex CRWDUSDT
QFEX CRWD-USD
Extended CRWD_24_5-USD
Paragon para:CRWD
Phoenix CRWD