CRWV

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0020%/8h= −2.2% APRnext payment −$0.20 per $10,000 · paid last 24h −0.021%

Price spread now: Binance against KuCoin+0.064%7-day average +0.034% · you sell dearer than you buy

Net, funding: paid 7d − costs−$311as in the Funding arb table

Net, price: spread back to 7d avg − costs−$296as in the Price arb table

costs, in and out, $10k−$2992.995% of the position

Long on KuCoin Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days−0.119%−$12 on $10k

Price spread, last 2 days (all we have)−0.023%−$2 · spread now +0.064%, 7d avg +0.034%

Together, before fees−0.142%−$14 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Binance is 0.031% dearer against KuCoin than usual: you sell high and buy low (spread +0.064% now, against its 7-day average of +0.034%): +$3 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 5.1 days. At the pace of the last 7 days (−0.119% in total) that is about 43 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin CRWVUSDTM	86.340	0.0100	pay 0.0100% / 8h	15m 55s	$366K	$517K	20x
Short	Binance CRWVUSDT	86.395	0.0080	get 0.0080% / 8h	15m 55s	$9.7M	$18.0M	25x

Funding 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 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 KuCoinbpFee BinancebpOrdersPrice spread, now +0.064%Rate

Funding earned: −$4.19
Price spread: +0.064% → +0.034%: $3.05
Slippage, 4 orders: −$277.47
Fee KuCoin: 6 bp × 2 orders: −$12
Fee Binance: 5 bp × 2 orders: −$10
Net: −$300.6
Costs to cover: 2.995%
Break-even: never at this rate

Slippage from KuCoin: live order book, 47 min ago; Binance: live order book, 10 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, 47 min ago	4.07 bp	94.7 bp −$95	doesn't fit	doesn't fit	doesn't fit
Sell Binance live order book, 10 min ago	0.58 bp	9.2 bp −$9	19.8 bp −$198	80.5 bp −$8,053	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	−0.0013%	8h	86.450	+0.127%	$171K	$69K	20x	as long as short
Aster CRWVUSDT	0.0000%	8h	86.506	+0.193%	$37K	$35K	20x	as long as short
OKX CRWV-USDT-SWAP	0.0000%	8h	86.390	+0.058%	$2.7M	$4.6M	25x	as long as short
Gate CRWV_USDT	0.0000%	8h	86.380	+0.046%	$5.6M	$3.9M	50x	as long as short
Bitget CRWVUSDT	0.0000%	8h	86.380	+0.046%	$2.3M	$2.0M	20x	as long as short
Variational Omni CRWV	0.0000%	8h	86.392	+0.061%	$315K	$391K	—	as long as short
SunX CRWV-USDT	0.0000%	8h	86.300	−0.046%	$1K	$5.3M	10x	as long as short
HTX CRWV-USDT	0.0000%	8h	86.400	+0.069%	$141K	$2K	20x	as long as short
Lighter CRWV	+0.0032%	1h	86.460	+0.139%	$105K	$32K	10x	as long as short
Lighter RH CRWV	+0.0032%	1h	86.400	+0.069%	$424K	$445K	10x	as long as short

Show all 23 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
QFEX CRWV-USD	+0.0037%	1h	86.370	+0.035%	$1.4M	$3.3M	10x	as long as short
Vest CRWV-USD-PERP	+0.0046%	1h	86.480	+0.162%	—	$156K	10x	as long as short
GRVT CRWV_USDT_Perp	+0.0047%	8h	86.379	+0.045%	$2K	$205K	10x	as long as short
Ondo Perps CRWV-USD.P	+0.0050%	1h	86.290	−0.058%	$333K	$217K	10x	as long as short
Extended CRWV-USD	+0.0080%	1h	86.374	+0.039%	$14K	$228K	10x	as long as short
Binance CRWVUSDTshort	+0.0080%	8h	86.395	+0.064%	$9.7M	$18.0M	25x
KuCoin CRWVUSDTMlong	+0.0100%	8h	86.340	long leg	$366K	$517K	20x
Phoenix CRWV	+0.0186%	1h	86.340	0.000%	$1K	$44K	10x	as long as short
tradeXYZ xyz:CRWV	+0.0207%	1h	86.374	+0.039%	$9.6M	$7.6M	10x	as long as short
Bybit CRWVUSDT	+0.0213%	8h	86.450	+0.127%	$2.2M	$1.2M	25x	as long as short
Polymarket Perps CRWV-USD	+0.0322%	1h	86.423	+0.096%	$67K	$198K	10x	as long as short
Arcus CRWV-USD	+0.0456%	1h	86.360	+0.023%	$62K	$76K	10x	as long as short
edgeX CRWVUSDC	+0.0906%	4h	86.377	+0.043%	$89K	$201K	10x	as long as short