Funding you earn now, next payment 08:00 UTC−0.0994%/8h= −108.8% APRnext payment −$9.94 per $10,000 · paid last 24h −0.324%
Price spread now: OKX against Bitget0.000%7-day average −0.201% · you sell dearer than you buy
Net, funding: paid 7d − costs−$154as in the Funding arb table
Net, price: spread back to 7d avg − costs−$82as in the Price arb table
costs, in and out, $10k−$1021.017% of the position
Funding, last 7 days−0.520%−$52 on $10k
+Price spread, last 7 days−0.087%−$9 · spread now 0.000%, 7d avg −0.201%
=The price spread pays, funding is against you. OKX is 0.201% dearer against Bitget than usual: you sell high and buy low (spread 0.000% now, against its 7-day average of −0.201%): +$20 on $10k if it goes back. Holding the pair costs −$30 a day in funding at the current rate, which eats that in about 16 hours. At the pace of the last 7 days (−0.520% in total) that is about 2.7 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.520% in total (about -27.1% a year). A funding rate is set anew for every payment; at this rate the next one is about −$9.94 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 | 0.06609 | 0.1094 | pay 0.1094% / 8h | 6h 08m | $2.9M | $2.1M | 25x |
| Short | OKX CRO-USDT-SWAP | 0.06609 | 0.0100 | get 0.0100% / 8h | 6h 08m | $2.3M | $4.2M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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
- −$208.74
- Price spread: 0.000% → −0.201%
- $20.06
- Slippage, 4 orders
- −$79.66
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$290.34
- Costs to cover
- 1.017%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 4 min ago; OKX: live order book, 4 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, 4 min ago | 6.79 bp | 28.0 bp −$28 | 176.2 bp −$1,762 | doesn't fit | doesn't fit |
| Sell OKX live order book, 4 min ago | 0.75 bp | 24.6 bp −$25 | 88.8 bp −$888 | doesn't fit | doesn't fit |
CRO on 12 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective CRO/USDC PERP | +0.0033% | 1h | 0.06560 | −0.741% | $5 | $129K | 5.5x | as long as short |
| OKX CRO-USDT-SWAPshort | +0.0100% | 8h | 0.06609 | 0.000% | $2.3M | $4.2M | 20x | |
| Gate CRO_USDT | +0.0100% | 8h | 0.06606 | −0.045% | $839K | $283K | 25x | as long as short |
| MEXC CRO_USDT | +0.0100% | 8h | 0.06611 | +0.030% | $8.4M | $1.3M | 200x | as long as short |
| Lighter CRO | +0.0280% | 1h | 0.06621 | +0.182% | $50K | $38K | 3x | as long as short |
| GMX CRO/USD [WBTC.b-USDC] | L +0.0322% / S +0.0034% | 1h | 0.06602 | −0.100% | $55K | — | 100x | as long as short |
| Bybit CROUSDT | +0.0739% | 8h | 0.06608 | −0.015% | $6.2M | $5.3M | 25x | as long as short |
| Variational Omni CRO | +0.0784% | 8h | 0.06628 | +0.293% | $158K | $138K | — | as long as short |
| BingX CRO-USDT | +0.1068% | 8h | 0.06609 | 0.000% | — | $2.6M | — | as long as short |
| Bitget CROUSDTlong | +0.1094% | 8h | 0.06609 | long leg | $2.9M | $2.1M | 25x |
Show all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin CROUSDTM | +0.2041% | 8h | 0.06569 | −0.605% | $3.7M | $639K | 20x | as long as short |
| Kraken Futures PF_CROUSD | +0.2413% | 1h | 0.06626 | +0.251% | $53K | $20K | 10x | as long as short |
Bitget CROUSDT
OKX CRO-USDT-SWAP
Injective CRO/USDC PERP
Gate CRO_USDT
MEXC CRO_USDT
Lighter CRO
GMX CRO/USD [WBTC.b-USDC]
Bybit CROUSDT
Variational Omni CRO
BingX CRO-USDT
KuCoin CROUSDTM
Kraken Futures PF_CROUSD