Funding you earn now, next payment 08:00 UTC+0.0188%/8h= +20.6% APRnext payment +$1.88 per $10,000 · paid last 24h +0.062%
Price spread now: Bybit against KuCoin+0.105%7-day average +0.042% · you sell dearer than you buy
Net, funding: paid 7d − costs−$306as in the Funding arb table
Net, price: spread back to 7d avg − costs−$309as in the Price arb table
costs, in and out, $10k−$3153.149% of the position
Funding, last 7 days+0.088%+$9 on $10k
+Price spread, last 4 days (all we have)−0.138%−$14 · spread now +0.105%, 7d avg +0.042%
=Both sides work for this trade now. Funding pays +$6 a day on $10k at the current rate, and Bybit is 0.063% dearer against KuCoin than usual: you sell high and buy low: +$6 more if the spread goes back to its 7-day average of +0.042%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.088% in total (about 4.6% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.88 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 | 85.840 | 0.0100 | pay 0.0100% / 8h | 5h 49m | $364K | $530K | 20x |
| Short | Bybit CRWVUSDT | 85.930 | 0.0288 | get 0.0288% / 8h | 5h 49m | $2.2M | $1.1M | 25x |
KuCoin CRWVUSDTM
Bybit CRWVUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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
- $39.41
- Price spread: +0.105% → +0.042%
- $6.28
- Slippage, 4 orders
- −$291.92
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$269.24
- Costs to cover
- 3.149%
- Break-even
- 54.8 days
Slippage from KuCoin: live order book, 48 min ago; Bybit: live order book, 2 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, 48 min ago | 9.91 bp | 120.2 bp −$120 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bybit live order book, 2 min ago | 2.33 bp | 17.3 bp −$17 | 82.2 bp −$822 | doesn't fit | doesn't fit |
CRWV on 22 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 | 86.036 | +0.228% | $37K | $35K | 20x | as long as short |
| OKX CRWV-USDT-SWAP | 0.0000% | 8h | 85.930 | +0.105% | $2.6M | $4.6M | 25x | as long as short |
| Gate CRWV_USDT | 0.0000% | 8h | 85.940 | +0.116% | $5.5M | $3.9M | 50x | as long as short |
| Bitget CRWVUSDT | 0.0000% | 8h | 85.900 | +0.070% | $2.1M | $2.0M | 20x | as long as short |
| GRVT CRWV_USDT_Perp | 0.0000% | 8h | 85.935 | +0.110% | $2K | $191K | 10x | as long as short |
| SunX CRWV-USDT | 0.0000% | 8h | 85.830 | −0.012% | $1K | $4.7M | 10x | as long as short |
| HTX CRWV-USDT | 0.0000% | 8h | 85.960 | +0.140% | $140K | $2K | 20x | as long as short |
| Variational Omni CRWV | +0.0024% | 8h | 85.918 | +0.091% | $314K | $309K | — | as long as short |
| Lighter CRWV | +0.0032% | 1h | 85.960 | +0.140% | $104K | $29K | 10x | as long as short |
| Lighter RH CRWV | +0.0032% | 1h | 85.900 | +0.070% | $418K | $352K | 10x | as long as short |
Aster CRWVUSDT
OKX CRWV-USDT-SWAP
Gate CRWV_USDT
Bitget CRWVUSDT
GRVT CRWV_USDT_Perp
SunX CRWV-USDT
HTX CRWV-USDT
Variational Omni CRWV
Lighter CRWV
Lighter RH CRWVShow all 22 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| QFEX CRWV-USD | +0.0032% | 1h | 85.880 | +0.047% | $1.3M | $2.8M | 10x | as long as short |
| Arcus CRWV-USD | +0.0040% | 1h | 85.870 | +0.035% | $64K | $79K | 10x | as long as short |
| Vest CRWV-USD-PERP | +0.0046% | 1h | 85.970 | +0.151% | — | $156K | 10x | as long as short |
| Ondo Perps CRWV-USD.P | +0.0050% | 1h | 85.760 | −0.093% | $331K | $132K | 10x | as long as short |
| Binance CRWVUSDT | +0.0099% | 8h | 85.880 | +0.047% | $9.6M | $17.1M | 25x | as long as short |
| KuCoin CRWVUSDTMlong | +0.0100% | 8h | 85.840 | long leg | $364K | $530K | 20x | |
| Extended CRWV-USD | +0.0104% | 1h | 85.867 | +0.032% | $14K | $309K | 10x | as long as short |
| tradeXYZ xyz:CRWV | +0.0118% | 1h | 85.872 | +0.037% | $9.7M | $8.2M | 10x | as long as short |
| Phoenix CRWV | +0.0187% | 1h | 85.920 | +0.093% | $1K | $46K | 10x | as long as short |
| Polymarket Perps CRWV-USD | +0.0236% | 1h | 85.929 | +0.104% | $85K | $289K | 10x | as long as short |
| Bybit CRWVUSDTshort | +0.0288% | 8h | 85.930 | +0.105% | $2.2M | $1.1M | 25x | |
| edgeX CRWVUSDC | +0.0702% | 4h | 85.912 | +0.084% | $88K | $202K | 10x | as long as short |
QFEX CRWV-USD
Arcus CRWV-USD
Vest CRWV-USD-PERP
Ondo Perps CRWV-USD.P
Binance CRWVUSDT
Extended CRWV-USD
tradeXYZ xyz:CRWV
Phoenix CRWV
Polymarket Perps CRWV-USD
edgeX CRWVUSDC