Funding you earn now, next payment 08:00 UTC−0.0865%/8h= −94.7% APRnext payment −$8.65 per $10,000 · paid last 24h −0.287%
Price spread now: Bybit against Bitget+0.092%7-day average −0.121% · you sell dearer than you buy
Net, funding: paid 7d − costs−$159as in the Funding arb table
Net, price: spread back to 7d avg − costs−$94as in the Price arb table
costs, in and out, $10k−$1151.148% of the position
Funding, last 7 days−0.438%−$44 on $10k
+Price spread, last 7 days−0.120%−$12 · spread now +0.092%, 7d avg −0.121%
=The price spread pays, funding is against you. Bybit is 0.212% dearer against Bitget than usual: you sell high and buy low (spread +0.092% now, against its 7-day average of −0.121%): +$21 on $10k if it goes back. Holding the pair costs −$26 a day in funding at the current rate, which eats that in about 20 hours. At the pace of the last 7 days (−0.438% in total) that is about 3.4 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.438% in total (about -22.8% a year). A funding rate is set anew for every payment; at this rate the next one is about −$8.65 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 | Bitget CROUSDT | 0.06557 | 0.1261 | pay 0.1261% / 8h | 6h 51m | $2.9M | $2.0M | 25x |
| Short | Bybit CROUSDT | 0.06563 | 0.0396 | get 0.0396% / 8h | 6h 51m | $6.0M | $5.2M | 25x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against Bitget. 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
- −$181.67
- Price spread: +0.092% → −0.121%
- $21.2
- Slippage, 4 orders
- −$91.77
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$275.24
- Costs to cover
- 1.148%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 2 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 Bitget live order book, 2 min ago | 6.85 bp | 34.0 bp −$34 | 235.5 bp −$2,355 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 2 min ago | 2.28 bp | 19.5 bp −$19 | 99.5 bp −$995 | doesn't fit | doesn't fit |
CRO on 13 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 | |
|---|---|---|---|---|---|---|---|---|
| GMX CRO/USD [WBTC.b-USDC] | L −0.0087% / S +0.0365% | 1h | 0.06551 | −0.093% | $50K | — | 100x | as long as short |
| Injective CRO/USDC PERP | +0.0033% | 1h | 0.06560 | +0.046% | $5 | $129K | 5.5x | as long as short |
| OKX CRO-USDT-SWAP | +0.0100% | 8h | 0.06553 | −0.061% | $2.3M | $4.2M | 20x | as long as short |
| Gate CRO_USDT | +0.0100% | 8h | 0.06546 | −0.168% | $832K | $275K | 25x | as long as short |
| MEXC CRO_USDT | +0.0100% | 8h | 0.06558 | +0.015% | $8.4M | $1.2M | 200x | as long as short |
| Lighter CRO | +0.0208% | 1h | 0.06568 | +0.168% | $49K | $38K | 3x | as long as short |
| BloFin CRO-USDT | +0.0220% | 8h | 0.06567 | +0.153% | $153K | $315K | 20x | as long as short |
| Bybit CROUSDTshort | +0.0396% | 8h | 0.06563 | +0.092% | $6.0M | $5.2M | 25x | |
| Variational Omni CRO | +0.0707% | 8h | 0.06564 | +0.106% | $157K | $144K | — | as long as short |
| BingX CRO-USDT | +0.1213% | 8h | 0.06560 | +0.046% | — | $2.6M | — | as long as short |
Show all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget CROUSDTlong | +0.1261% | 8h | 0.06557 | long leg | $2.9M | $2.0M | 25x | |
| KuCoin CROUSDTM | +0.1978% | 8h | 0.06514 | −0.656% | $3.7M | $623K | 20x | as long as short |
| Kraken Futures PF_CROUSD | +0.2434% | 1h | 0.06570 | +0.199% | $52K | $20K | 10x | as long as short |
Bitget CROUSDT
Bybit CROUSDT
GMX CRO/USD [WBTC.b-USDC]
Injective CRO/USDC PERP
OKX CRO-USDT-SWAP
Gate CRO_USDT
MEXC CRO_USDT
Lighter CRO
BloFin CRO-USDT
Variational Omni CRO
BingX CRO-USDT
KuCoin CROUSDTM
Kraken Futures PF_CROUSD