Funding you earn now, next payment 00:00 UTC−0.0100%/8h= −10.9% APRnext payment −$1.00 per $10,000 · paid last 24h −0.020%
Price spread now: Bitget against KuCoin−0.012%7-day average +0.090% · you buy dearer than you sell
Net, funding: paid 7d − costs−$322as in the Funding arb table
Net, price: spread back to 7d avg − costs−$319as in the Price arb table
costs, in and out, $10k−$3093.093% of the position
Funding, last 7 days−0.128%−$13 on $10k
+Price spread, last 4 days (all we have)+0.052%+$5 · spread now −0.012%, 7d avg +0.090%
=Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Bitget is 0.102% cheaper against KuCoin than usual: you would sell low and buy high (−$10 if the spread goes back to its 7-day average of +0.090%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin CRWVUSDTM | 86.310 | 0.0100 | pay 0.0100% / 8h | 12m 33s | $365K | $516K | 20x |
| Short | Bitget CRWVUSDT | 86.300 | 0 | get 0.0000% / 8h | 12m 33s | $2.3M | $2.0M | 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 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: −0.012% → +0.090%
- −$10.21
- Slippage, 4 orders
- −$285.26
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$340.47
- Costs to cover
- 3.093%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 50 min ago; Bitget: live order book, 5 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, 50 min ago | 4.07 bp | 94.7 bp −$95 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bitget live order book, 5 min ago | 2.89 bp | 11.4 bp −$11 | 48.0 bp −$480 | 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 | −0.0030% | 8h | 86.460 | +0.174% | $171K | $69K | 20x | as long as short |
| Aster CRWVUSDT | 0.0000% | 8h | 86.464 | +0.178% | $37K | $35K | 20x | as long as short |
| OKX CRWV-USDT-SWAP | 0.0000% | 8h | 86.370 | +0.070% | $2.7M | $4.6M | 25x | as long as short |
| Gate CRWV_USDT | 0.0000% | 8h | 86.290 | −0.023% | $5.6M | $4.0M | 50x | as long as short |
| Bitget CRWVUSDTshort | 0.0000% | 8h | 86.300 | −0.012% | $2.3M | $2.0M | 20x | |
| Variational Omni CRWV | 0.0000% | 8h | 86.392 | +0.096% | $315K | $391K | — | as long as short |
| SunX CRWV-USDT | 0.0000% | 8h | 86.250 | −0.070% | $988 | $5.3M | 10x | as long as short |
| HTX CRWV-USDT | 0.0000% | 8h | 86.450 | +0.162% | $141K | $2K | 20x | as long as short |
| edgeX CRWVUSDC | +0.0018% | 4h | 86.374 | +0.074% | $89K | $202K | 10x | as long as short |
| Lighter CRWV | +0.0032% | 1h | 86.360 | +0.058% | $105K | $32K | 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 | 86.290 | −0.023% | $424K | $445K | 10x | as long as short |
| QFEX CRWV-USD | +0.0037% | 1h | 86.280 | −0.035% | $1.3M | $3.3M | 10x | as long as short |
| Vest CRWV-USD-PERP | +0.0046% | 1h | 86.470 | +0.185% | — | $156K | 10x | as long as short |
| Ondo Perps CRWV-USD.P | +0.0050% | 1h | 86.280 | −0.035% | $333K | $218K | 10x | as long as short |
| GRVT CRWV_USDT_Perp | +0.0060% | 8h | 86.390 | +0.093% | $2K | $205K | 10x | as long as short |
| Extended CRWV-USD | +0.0088% | 1h | 86.287 | −0.026% | $14K | $228K | 10x | as long as short |
| Binance CRWVUSDT | +0.0098% | 8h | 86.306 | −0.005% | $9.6M | $18.0M | 25x | as long as short |
| KuCoin CRWVUSDTMlong | +0.0100% | 8h | 86.310 | long leg | $365K | $516K | 20x | |
| Phoenix CRWV | +0.0186% | 1h | 86.350 | +0.046% | $1K | $44K | 10x | as long as short |
| tradeXYZ xyz:CRWV | +0.0193% | 1h | 86.285 | −0.029% | $9.6M | $7.6M | 10x | as long as short |
| Bybit CRWVUSDT | +0.0209% | 8h | 86.330 | +0.023% | $2.2M | $1.2M | 25x | as long as short |
| Polymarket Perps CRWV-USD | +0.0310% | 1h | 86.406 | +0.111% | $61K | $210K | 10x | as long as short |
| Arcus CRWV-USD | +0.0456% | 1h | 86.280 | −0.035% | $62K | $76K | 10x | as long as short |
KuCoin CRWVUSDTM
Bitget CRWVUSDT
BloFin CRWV-USDT
Aster CRWVUSDT
OKX CRWV-USDT-SWAP
Gate CRWV_USDT
Variational Omni CRWV
SunX CRWV-USDT
HTX CRWV-USDT
edgeX CRWVUSDC
Lighter CRWV
Lighter RH CRWV
GRVT CRWV_USDT_Perp
Extended CRWV-USD
Binance CRWVUSDT
Phoenix CRWV
tradeXYZ xyz:CRWV
Bybit CRWVUSDT
Polymarket Perps CRWV-USD