CRWV

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0025%/8h= −2.7% APRnext payment −$0.25 per $10,000 · paid last 24h +0.008%

Price spread now: KuCoin against Binance−0.012%7-day average −0.031% · you buy dearer than you sell

Net, funding: paid 7d − costs−$280as in the Funding arb table

Net, price: spread back to 7d avg − costs−$289as in the Price arb table

costs, in and out, $10k−$2912.907% of the position

Long on Binance Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.106%+$11 on $10k

Price spread, last 2 days (all we have)−0.028%−$3 · spread now −0.012%, 7d avg −0.031%

Together, before fees+0.078%+$8 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.031%, so right now this pair is about funding alone: −$1 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair paid +0.106%, so the current rate has only just turned against you.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance CRWVUSDT	86.410	0.0125	pay 0.0125% / 8h	6h 59m	$9.7M	$17.5M	25x
Short	KuCoin CRWVUSDTM	86.400	0.0100	get 0.0100% / 8h	6h 59m	$365K	$513K	20x

Funding 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 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 BinancebpFee KuCoinbpOrdersPrice spread, now −0.012%Rate

Funding earned: −$5.17
Price spread: −0.012% → −0.031%: $1.9
Slippage, 4 orders: −$268.73
Fee Binance: 5 bp × 2 orders: −$10
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$294.01
Costs to cover: 2.907%
Break-even: never at this rate

Slippage from Binance: live order book, 11 min ago; KuCoin: live order book, 53 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, 11 min ago	0.58 bp	8.8 bp −$9	19.5 bp −$195	87.6 bp −$8,755	doesn't fit
Sell KuCoin live order book, 53 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
Aster CRWVUSDT	0.0000%	8h	86.572	+0.187%	$37K	$35K	20x	as long as short
OKX CRWV-USDT-SWAP	0.0000%	8h	86.410	0.000%	$2.7M	$4.6M	25x	as long as short
Gate CRWV_USDT	0.0000%	8h	86.400	−0.012%	$5.5M	$3.9M	50x	as long as short
Bitget CRWVUSDT	0.0000%	8h	86.420	+0.012%	$2.2M	$1.9M	20x	as long as short
GRVT CRWV_USDT_Perp	0.0000%	8h	86.443	+0.038%	$2K	$193K	10x	as long as short
SunX CRWV-USDT	0.0000%	8h	86.360	−0.058%	$1K	$4.9M	10x	as long as short
HTX CRWV-USDT	0.0000%	8h	86.460	+0.058%	$141K	$2K	20x	as long as short
BloFin CRWV-USDT	+0.0028%	8h	86.430	+0.023%	$170K	$68K	20x	as long as short
QFEX CRWV-USD	+0.0029%	1h	86.400	−0.012%	$1.4M	$3.1M	10x	as long as short
Lighter CRWV	+0.0032%	1h	86.490	+0.093%	$105K	$30K	10x	as long as short

Show all 23 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter RH CRWV	+0.0032%	1h	86.420	+0.012%	$420K	$354K	10x	as long as short
Vest CRWV-USD-PERP	+0.0046%	1h	86.510	+0.116%	—	$156K	10x	as long as short
Ondo Perps CRWV-USD.P	+0.0050%	1h	86.310	−0.116%	$333K	$219K	10x	as long as short
Variational Omni CRWV	+0.0060%	8h	86.430	+0.023%	$315K	$391K	—	as long as short
KuCoin CRWVUSDTMshort	+0.0100%	8h	86.400	−0.012%	$365K	$513K	20x
Binance CRWVUSDTlong	+0.0125%	8h	86.410	long leg	$9.7M	$17.5M	25x
Extended CRWV-USD	+0.0128%	1h	86.389	−0.025%	$14K	$306K	10x	as long as short
tradeXYZ xyz:CRWV	+0.0204%	1h	86.413	+0.003%	$9.7M	$7.6M	10x	as long as short
Phoenix CRWV	+0.0278%	1h	86.350	−0.069%	$1K	$44K	10x	as long as short
Bybit CRWVUSDT	+0.0304%	8h	86.470	+0.069%	$2.2M	$1.1M	25x	as long as short
Arcus CRWV-USD	+0.0340%	1h	86.380	−0.035%	$64K	$78K	10x	as long as short
Polymarket Perps CRWV-USD	+0.0431%	1h	86.534	+0.144%	$71K	$263K	10x	as long as short
edgeX CRWVUSDC	+0.0971%	4h	86.392	−0.021%	$89K	$202K	10x	as long as short