Funding arb · Price arb /

CRWD

RWAall CRWD markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0048%/8h= −5.3% APRpaid last 24h −0.014%

Price spread now: SunX against Extended−0.002%7-day average +0.044% · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Extended Short on SunX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.098%−$10 on $10k

Price spread, last 4 days (all we have)−0.027%−$3 · spread now −0.002%, 7d avg +0.044%

Together, before fees−0.125%+ Points / potential airdropExtended: Active · farm board−$12 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and SunX is 0.046% cheaper against Extended than usual: you would sell low and buy high (−$5 if the spread goes back to its 7-day average of +0.044%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Extended CRWD_24_5-USD	250.54	0.0048	pay 0.0006% / 1h	5m 56s	$100K	—	10x
Short	SunX CRWD-USDT	250.54	0	get 0.0000% / 8h	5m 56s	$2K	$1.1M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SunX against Extended. 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 ExtendedbpFee SunXbpOrdersPrice spread, now −0.002%Rate

Funding earned: −$10.08
Price spread: −0.002% → +0.044%: −$4.57
Slippage, 4 orders: no order book: not counted
Fee Extended: 2.5 bp × 2 orders: −$5
Fee SunX: 4 bp × 2 orders: −$8
Net: −$27.65
Costs to cover: 0.130%
Break-even: never at this rate

Slippage unknown: Extended: live order book, 87 min ago; SunX: live order book, 7 min ago. Net counts fees only.

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 Extended live order book, 87 min ago	33.73 bp	36.2 bp −$36	doesn't fit	doesn't fit	doesn't fit
Sell SunX live order book, 7 min ago	500.33 bp	doesn't fit	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	246.01	−1.810%	$22K	$20K	12x	as long as short
BloFin CRWD-USDT	−0.0024%	8h	250.70	+0.062%	$70K	$24K	25x	as long as short
Aster CRWDUSDT	0.0000%	8h	250.64	+0.037%	$4K	$35K	20x	as long as short
Binance CRWDUSDT	0.0000%	8h	250.84	+0.117%	$2.5M	$7.3M	25x	as long as short
Bybit CRWDUSDT	0.0000%	8h	250.40	−0.058%	$1.1M	$440K	25x	as long as short
OKX CRWD-USDT-SWAP	0.0000%	8h	250.56	+0.006%	$545K	$766K	25x	as long as short
Bitget CRWDUSDT	0.0000%	8h	250.56	+0.006%	$305K	$411K	20x	as long as short
Variational Omni CRWD	0.0000%	8h	250.84	+0.117%	$68K	$56K	—	as long as short
SunX CRWD-USDTshort	0.0000%	8h	250.54	−0.002%	$2K	$1.1M	10x
HTX CRWD-USDT	0.0000%	8h	250.84	+0.118%	$6K	$7K	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	250.79	+0.098%	$1.5M	$221K	10x	as long as short
QFEX CRWD-USD	+0.0017%	1h	250.85	+0.122%	$1.2M	$2.7M	10x	as long as short
GRVT CRWD_USDT_Perp	+0.0044%	8h	250.84	+0.118%	$446	$124K	10x	as long as short
Extended CRWD_24_5-USDlong	+0.0048%	1h	250.54	long leg	$100K	—	10x
tradeXYZ xyz:CRWD	+0.0094%	1h	250.63	+0.034%	$893K	$676K	10x	as long as short
KuCoin CRWDUSDTM	+0.0100%	8h	250.67	+0.050%	$34K	$252K	20x	as long as short
Phoenix CRWD	+0.0128%	1h	250.63	+0.034%	$4	$121K	10x	as long as short
Paragon para:CRWD	+0.0397%	1h	250.56	+0.008%	$84K	$108K	10x	as long as short