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 Binance−0.040%7-day average +0.097% · you buy dearer than you sell
Net, funding: paid 7d − costs−$499as in the Funding arb table
Net, price: spread back to 7d avg − costs−$542as in the Price arb table
costs, in and out, $10k−$5285.280% of the position
Funding, last 7 days+0.294%+$29 on $10k
+Price spread, last 4 days (all we have)−0.075%−$7 · spread now −0.040%, 7d avg +0.097%
=Funding pays, the price is against you. KuCoin is 0.137% cheaper against Binance than usual: you would sell low and buy high (spread −0.040% now, against its 7-day average of +0.097%). If the spread goes back, that is −$14 on $10k: about 4.6 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 | 249.05 | 0 | get 0.0000% / 8h | 3h 38m | $2.4M | $6.7M | 25x |
| Short | KuCoin CRWDUSDTM | 248.95 | 0.0100 | get 0.0100% / 8h | 3h 38m | $34K | $349K | 20x |
Binance CRWDUSDT
KuCoin CRWDUSDTMFunding 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 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: −0.040% → +0.097%
- −$13.73
- Slippage, 4 orders
- −$505.96
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$520.69
- Costs to cover
- 5.280%
- Break-even
- 180.6 days
Slippage from Binance: live order book, 15 min ago; KuCoin: live order book, 34 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, 15 min ago | 1.21 bp | 17.8 bp −$18 | 45.1 bp −$451 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 34 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 | 245.36 | −1.482% | $22K | $20K | 12x | as long as short |
| Aster CRWDUSDT | 0.0000% | 8h | 248.94 | −0.043% | $4K | $37K | 20x | as long as short |
| Binance CRWDUSDTlong | 0.0000% | 8h | 249.05 | long leg | $2.4M | $6.7M | 25x | |
| Bybit CRWDUSDT | 0.0000% | 8h | 248.77 | −0.112% | $1.1M | $530K | 25x | as long as short |
| OKX CRWD-USDT-SWAP | 0.0000% | 8h | 249.02 | −0.012% | $596K | $667K | 25x | as long as short |
| Bitget CRWDUSDT | 0.0000% | 8h | 249.10 | +0.020% | $292K | $416K | 20x | as long as short |
| Variational Omni CRWD | 0.0000% | 8h | 249.04 | −0.003% | $67K | $60K | — | as long as short |
| GRVT CRWD_USDT_Perp | 0.0000% | 8h | 249.02 | −0.012% | $750 | $115K | 10x | as long as short |
| SunX CRWD-USDT | 0.0000% | 8h | 248.92 | −0.052% | $2K | $1.2M | 10x | as long as short |
| HTX CRWD-USDT | 0.0000% | 8h | 249.22 | +0.068% | $6K | $7K | 20x | as long as short |
Injective CRWD/USDC PERP
Aster CRWDUSDT
Bybit CRWDUSDT
OKX CRWD-USDT-SWAP
Bitget CRWDUSDT
Variational Omni CRWD
GRVT CRWD_USDT_Perp
SunX CRWD-USDT
HTX CRWD-USDTShow all 18 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Phemex CRWDUSDT | 0.0000% | 8h | 249.06 | +0.004% | $1.5M | $194K | 10x | as long as short |
| BloFin CRWD-USDT | +0.0006% | 8h | 249.16 | +0.044% | $72K | $24K | 25x | as long as short |
| QFEX CRWD-USD | +0.0024% | 1h | 249.00 | −0.020% | $1.2M | $2.6M | 10x | as long as short |
| Extended CRWD_24_5-USD | +0.0048% | 1h | 248.88 | −0.066% | $99K | — | 10x | as long as short |
| tradeXYZ xyz:CRWD | +0.0050% | 1h | 248.88 | −0.068% | $861K | $627K | 10x | as long as short |
| KuCoin CRWDUSDTMshort | +0.0100% | 8h | 248.95 | −0.040% | $34K | $349K | 20x | |
| Phoenix CRWD | +0.0353% | 1h | 248.96 | −0.036% | $3 | $106K | 10x | as long as short |
| Paragon para:CRWD | +0.0369% | 1h | 248.76 | −0.114% | $84K | $108K | 10x | as long as short |
Phemex CRWDUSDT
BloFin CRWD-USDT
QFEX CRWD-USD
Extended CRWD_24_5-USD
tradeXYZ xyz:CRWD
Phoenix CRWD
Paragon para:CRWD