Funding you earn now, next payment 08:00 UTC−0.0307%/8h= −33.6% APRnext payment −$3.07 per $10,000 · paid last 24h −0.062%
Price spread now: KuCoin against Bybit−0.070%7-day average −0.042% · you buy dearer than you sell
Net, funding: paid 7d − costs−$313as in the Funding arb table
Net, price: spread back to 7d avg − costs−$307as in the Price arb table
costs, in and out, $10k−$3043.040% of the position
Funding, last 7 days−0.088%−$9 on $10k
+Price spread, last 4 days (all we have)+0.103%+$10 · spread now −0.070%, 7d avg −0.042%
=Both sides work against this trade now: funding costs −$9 a day on $10k at the current rate, and KuCoin is 0.028% cheaper against Bybit than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of −0.042%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.088% in total (about -4.6% a year). A funding rate is set anew for every payment; at this rate the next one is about −$3.07 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit CRWVUSDT | 85.800 | 0.0407 | pay 0.0407% / 8h | 6h 39m | $2.2M | $1.2M | 25x |
| Short | KuCoin CRWVUSDTM | 85.740 | 0.0100 | get 0.0100% / 8h | 6h 39m | $363K | $519K | 20x |
Bybit CRWVUSDT
KuCoin CRWVUSDTMFunding 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
- −$64.53
- Price spread: −0.070% → −0.042%
- −$2.79
- Slippage, 4 orders
- −$280.95
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$371.27
- Costs to cover
- 3.040%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 2 min ago; KuCoin: live order book, 73 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, 2 min ago | 1.16 bp | 17.0 bp −$17 | 76.2 bp −$762 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 73 min ago | 13.88 bp | 132.2 bp −$132 | doesn't fit | doesn't fit | doesn't fit |
CRWV on 23 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin CRWV-USDT | −0.0027% | 8h | 86.180 | +0.443% | $171K | $68K | 20x | as long as short |
| Aster CRWVUSDT | 0.0000% | 8h | 85.911 | +0.129% | $37K | $35K | 20x | as long as short |
| OKX CRWV-USDT-SWAP | 0.0000% | 8h | 85.800 | 0.000% | $2.6M | $4.6M | 25x | as long as short |
| Gate CRWV_USDT | 0.0000% | 8h | 85.810 | +0.012% | $5.5M | $3.9M | 50x | as long as short |
| Bitget CRWVUSDT | 0.0000% | 8h | 85.890 | +0.105% | $2.2M | $1.9M | 20x | as long as short |
| GRVT CRWV_USDT_Perp | 0.0000% | 8h | 85.870 | +0.082% | $3K | $192K | 10x | as long as short |
| SunX CRWV-USDT | 0.0000% | 8h | 85.760 | −0.047% | $1K | $4.9M | 10x | as long as short |
| HTX CRWV-USDT | 0.0000% | 8h | 85.860 | +0.070% | $140K | $2K | 20x | as long as short |
| edgeX CRWVUSDC | +0.0012% | 4h | 85.867 | +0.078% | $88K | $201K | 10x | as long as short |
| QFEX CRWV-USD | +0.0018% | 1h | 85.730 | −0.082% | $1.3M | $3.0M | 10x | as long as short |
BloFin CRWV-USDT
Aster CRWVUSDT
OKX CRWV-USDT-SWAP
Gate CRWV_USDT
Bitget CRWVUSDT
GRVT CRWV_USDT_Perp
SunX CRWV-USDT
HTX CRWV-USDT
edgeX CRWVUSDC
QFEX CRWV-USDShow all 23 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter RH CRWV | +0.0032% | 1h | 85.770 | −0.035% | $417K | $356K | 10x | as long as short |
| Arcus CRWV-USD | +0.0040% | 1h | 85.790 | −0.012% | $64K | $78K | 10x | as long as short |
| Variational Omni CRWV | +0.0041% | 8h | 85.842 | +0.049% | $313K | $391K | — | as long as short |
| Vest CRWV-USD-PERP | +0.0046% | 1h | 85.770 | −0.035% | — | $156K | 10x | as long as short |
| Ondo Perps CRWV-USD.P | +0.0050% | 1h | 85.630 | −0.198% | $331K | $218K | 10x | as long as short |
| Lighter CRWV | +0.0056% | 1h | 85.840 | +0.047% | $104K | $30K | 10x | as long as short |
| KuCoin CRWVUSDTMshort | +0.0100% | 8h | 85.740 | −0.070% | $363K | $519K | 20x | |
| Extended CRWV-USD | +0.0112% | 1h | 85.767 | −0.038% | $19K | $309K | 10x | as long as short |
| Binance CRWVUSDT | +0.0114% | 8h | 85.756 | −0.051% | $9.6M | $17.5M | 25x | as long as short |
| Phoenix CRWV | +0.0278% | 1h | 85.890 | +0.105% | $1K | $46K | 10x | as long as short |
| tradeXYZ xyz:CRWV | +0.0331% | 1h | 85.768 | −0.037% | $9.9M | $8.0M | 10x | as long as short |
| Bybit CRWVUSDTlong | +0.0407% | 8h | 85.800 | long leg | $2.2M | $1.2M | 25x | |
| Polymarket Perps CRWV-USD | +0.0677% | 1h | 85.840 | +0.047% | $70K | $268K | 10x | as long as short |
Lighter RH CRWV
Arcus CRWV-USD
Variational Omni CRWV
Vest CRWV-USD-PERP
Ondo Perps CRWV-USD.P
Lighter CRWV
Extended CRWV-USD
Binance CRWVUSDT
Phoenix CRWV
tradeXYZ xyz:CRWV
Polymarket Perps CRWV-USD