CRWV

Alert: funding

Alert: spread

Funding you earn now, next payment 16:00 UTC−0.0390%/8h= −42.7% APRnext payment −$3.90 per $10,000 · paid last 24h −0.057%

Price spread now: Bitget against KuCoin0.000%7-day average +0.088% · you sell dearer than you buy

Net, funding: paid 7d − costs−$290as in the Funding arb table

Net, price: spread back to 7d avg − costs−$283as in the Price arb table

costs, in and out, $10k−$2742.737% of the position

Long on KuCoin Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 7 days−0.161%−$16 on $10k

Price spread, last 4 days (all we have)−0.025%−$2 · spread now 0.000%, 7d avg +0.088%

Together, before fees−0.186%−$19 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$12 a day on $10k at the current rate, and Bitget is 0.088% cheaper against KuCoin than usual: you would sell low and buy high (−$9 if the spread goes back to its 7-day average of +0.088%). Swap the legs.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.161% in total (about -8.4% a year). A funding rate is set anew for every payment; at this rate the next one is about −$3.90 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	KuCoin CRWVUSDTM	83.480	0.0100	pay 0.0100% / 8h	7h 34m	$351K	$590K	20x
Short	Bitget CRWVUSDT	83.480	−0.0290	pay 0.0290% / 8h	7h 34m	$1.8M	$1.9M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget 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 BitgetbpOrdersPrice spread, now 0.000%Rate

Funding earned: −$81.9
Price spread: 0.000% → +0.088%: −$8.82
Slippage, 4 orders: −$249.73
Fee KuCoin: 6 bp × 2 orders: −$12
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$364.46
Costs to cover: 2.737%
Break-even: never at this rate

Slippage from KuCoin: live order book, 60 min ago; Bitget: live order book, 3 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, 60 min ago	18.37 bp	130.2 bp −$130	doesn't fit	doesn't fit	doesn't fit
Sell Bitget live order book, 3 min ago	1.80 bp	9.5 bp −$10	26.8 bp −$268	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
Bitget CRWVUSDTshort	−0.0290%	8h	83.480	0.000%	$1.8M	$1.9M	20x
Aster CRWVUSDT	0.0000%	8h	83.523	+0.051%	$36K	$34K	20x	as long as short
Extended CRWV-USD	0.0000%	1h	83.451	−0.035%	$19K	$262K	10x	as long as short
Binance CRWVUSDT	0.0000%	8h	83.558	+0.093%	$9.3M	$19.2M	25x	as long as short
Bybit CRWVUSDT	0.0000%	8h	83.470	−0.012%	$1.9M	$1.3M	25x	as long as short
OKX CRWV-USDT-SWAP	0.0000%	8h	83.550	+0.084%	$2.2M	$5.4M	25x	as long as short
Gate CRWV_USDT	0.0000%	8h	83.440	−0.048%	$5.2M	$4.4M	50x	as long as short
Variational Omni CRWV	0.0000%	8h	83.521	+0.049%	$292K	$264K	—	as long as short
GRVT CRWV_USDT_Perp	0.0000%	8h	83.690	+0.252%	$2K	$186K	10x	as long as short
SunX CRWV-USDT	0.0000%	8h	83.510	+0.036%	$1K	$4.1M	10x	as long as short

Show all 23 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
HTX CRWV-USDT	0.0000%	8h	83.510	+0.036%	$130K	$15K	20x	as long as short
BloFin CRWV-USDT	+0.0024%	8h	83.420	−0.072%	$152K	$64K	20x	as long as short
Lighter CRWV	+0.0032%	1h	83.440	−0.048%	$101K	$37K	10x	as long as short
Lighter RH CRWV	+0.0032%	1h	83.450	−0.036%	$371K	$447K	10x	as long as short
QFEX CRWV-USD	+0.0033%	1h	83.410	−0.084%	$1.3M	$2.4M	10x	as long as short
Arcus CRWV-USD	+0.0040%	1h	83.380	−0.120%	$63K	$59K	10x	as long as short
Vest CRWV-USD-PERP	+0.0046%	1h	83.430	−0.060%	—	$198K	10x	as long as short
tradeXYZ xyz:CRWV	+0.0050%	1h	83.439	−0.049%	$9.2M	$8.6M	10x	as long as short
Polymarket Perps CRWV-USD	+0.0050%	1h	83.390	−0.108%	$73K	$238K	10x	as long as short
Ondo Perps CRWV-USD.P	+0.0050%	1h	83.440	−0.048%	$307K	$165K	10x	as long as short
KuCoin CRWVUSDTMlong	+0.0100%	8h	83.480	long leg	$351K	$590K	20x
Phoenix CRWV	+0.0285%	1h	83.470	−0.012%	$2K	$40K	10x	as long as short
edgeX CRWVUSDC	+0.0464%	4h	83.706	+0.270%	$86K	$203K	10x	as long as short