Funding you earn now, next payment 08:00 UTC+0.0100%/8h= +10.9% APRnext payment +$1.00 per $10,000 · paid last 24h −0.053%
Price spread now: KuCoin against Gate−0.081%7-day average −0.029% · you buy dearer than you sell
Net, funding: paid 7d − costs−$326as in the Funding arb table
Net, price: spread back to 7d avg − costs−$315as in the Price arb table
costs, in and out, $10k−$3093.094% of the position
Funding, last 7 days−0.170%−$17 on $10k
+Price spread, last 4 days (all we have)+0.032%+$3 · spread now −0.081%, 7d avg −0.029%
=Funding pays, the price is against you. KuCoin is 0.053% cheaper against Gate than usual: you would sell low and buy high (spread −0.081% now, against its 7-day average of −0.029%). If the spread goes back, that is −$5 on $10k: about 42 hours of funding at the current rate (+$3 a day). Mind the row above: over the last 7 days funding on this pair cost −0.170%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate CRWV_USDT | 85.920 | 0 | get 0.0000% / 8h | 5h 25m | $5.5M | $3.9M | 50x |
| Short | KuCoin CRWVUSDTM | 85.850 | 0.0100 | get 0.0100% / 8h | 5h 25m | $363K | $527K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against Gate. 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: −0.081% → −0.029%
- −$5.27
- Slippage, 4 orders
- −$282.37
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$293.63
- Costs to cover
- 3.094%
- Break-even
- 104.9 days
Slippage from Gate: live order book, 3 min ago; KuCoin: live order book, 72 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 Gate live order book, 3 min ago | 4.07 bp | 15.9 bp −$16 | 40.8 bp −$408 | 77.2 bp −$7,723 | doesn't fit |
| Sell KuCoin live order book, 72 min ago | 9.91 bp | 159.4 bp −$159 | 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 | −0.0013% | 8h | 85.890 | −0.035% | $165K | $67K | 20x | as long as short |
| Aster CRWVUSDT | 0.0000% | 8h | 86.018 | +0.115% | $37K | $35K | 20x | as long as short |
| OKX CRWV-USDT-SWAP | 0.0000% | 8h | 85.920 | 0.000% | $2.5M | $4.8M | 25x | as long as short |
| Gate CRWV_USDTlong | 0.0000% | 8h | 85.920 | long leg | $5.5M | $3.9M | 50x | |
| Bitget CRWVUSDT | 0.0000% | 8h | 85.890 | −0.035% | $2.0M | $2.0M | 20x | as long as short |
| Variational Omni CRWV | 0.0000% | 8h | 85.892 | −0.032% | $313K | $300K | — | as long as short |
| GRVT CRWV_USDT_Perp | 0.0000% | 8h | 85.961 | +0.048% | $2K | $190K | 10x | as long as short |
| SunX CRWV-USDT | 0.0000% | 8h | 85.810 | −0.128% | $1K | $4.6M | 10x | as long as short |
| HTX CRWV-USDT | 0.0000% | 8h | 86.000 | +0.093% | $141K | $2K | 20x | as long as short |
| Lighter CRWV | +0.0032% | 1h | 85.950 | +0.035% | $103K | $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 | 85.900 | −0.023% | $418K | $352K | 10x | as long as short |
| QFEX CRWV-USD | +0.0032% | 1h | 85.870 | −0.058% | $1.3M | $2.7M | 10x | as long as short |
| Arcus CRWV-USD | +0.0040% | 1h | 85.880 | −0.047% | $64K | $79K | 10x | as long as short |
| Vest CRWV-USD-PERP | +0.0046% | 1h | 85.950 | +0.035% | — | $156K | 10x | as long as short |
| Ondo Perps CRWV-USD.P | +0.0050% | 1h | 85.840 | −0.093% | $329K | $136K | 10x | as long as short |
| tradeXYZ xyz:CRWV | +0.0054% | 1h | 85.860 | −0.070% | $9.7M | $8.2M | 10x | as long as short |
| Extended CRWV-USD | +0.0072% | 1h | 85.877 | −0.050% | $14K | $304K | 10x | as long as short |
| Binance CRWVUSDT | +0.0073% | 8h | 85.900 | −0.023% | $9.6M | $17.0M | 25x | as long as short |
| KuCoin CRWVUSDTMshort | +0.0100% | 8h | 85.850 | −0.081% | $363K | $527K | 20x | |
| Polymarket Perps CRWV-USD | +0.0161% | 1h | 85.923 | +0.003% | $85K | $289K | 10x | as long as short |
| Phoenix CRWV | +0.0187% | 1h | 85.900 | −0.023% | $1K | $46K | 10x | as long as short |
| Bybit CRWVUSDT | +0.0223% | 8h | 85.910 | −0.012% | $2.2M | $1.1M | 25x | as long as short |
| edgeX CRWVUSDC | +0.0707% | 4h | 85.949 | +0.034% | $89K | $201K | 10x | as long as short |
Gate CRWV_USDT
KuCoin CRWVUSDTM
BloFin CRWV-USDT
Aster CRWVUSDT
OKX CRWV-USDT-SWAP
Bitget CRWVUSDT
Variational Omni CRWV
GRVT CRWV_USDT_Perp
SunX CRWV-USDT
HTX CRWV-USDT
Lighter CRWV
Lighter RH CRWV
tradeXYZ xyz:CRWV
Extended CRWV-USD
Binance CRWVUSDT
Polymarket Perps CRWV-USD
Phoenix CRWV
Bybit CRWVUSDT
edgeX CRWVUSDC