Funding you earn now, next payment 08:00 UTC−0.0712%/8h= −78.0% APRnext payment −$7.12 per $10,000 · paid last 24h −0.036%
Price spread now: Gate against Bybit−0.250%7-day average −0.081% · you buy dearer than you sell
Net, funding: paid 7d − costs−$164as in the Funding arb table
Net, price: spread back to 7d avg − costs−$177as in the Price arb table
costs, in and out, $10k−$1601.601% of the position
Funding, last 7 days−0.036%−$4 on $10k
+Price spread, last 4 days (all we have)−0.101%−$10 · spread now −0.250%, 7d avg −0.081%
=Both sides work against this trade now: funding costs −$21 a day on $10k at the current rate, and Gate is 0.169% cheaper against Bybit than usual: you would sell low and buy high (−$17 if the spread goes back to its 7-day average of −0.081%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.036% in total (about -1.9% a year). A funding rate is set anew for every payment; at this rate the next one is about −$7.12 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 | Bybit CROUSDT | 0.06795 | 0.0812 | pay 0.0812% / 8h | 5h 18m | $6.5M | $5.3M | 25x |
| Short | Gate CRO_USDT | 0.06778 | 0.0100 | get 0.0100% / 8h | 5h 18m | $867K | $285K | 25x |
Bybit CROUSDT
Gate CRO_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate against Bybit. 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
- −$149.52
- Price spread: −0.250% → −0.081%
- −$16.94
- Slippage, 4 orders
- −$134.08
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$326.54
- Costs to cover
- 1.601%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 4 min ago; Gate: live order book, 43 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 Bybit live order book, 4 min ago | 6.64 bp | 23.9 bp −$24 | 114.8 bp −$1,148 | doesn't fit | doesn't fit |
| Sell Gate live order book, 43 min ago | 9.85 bp | 58.0 bp −$58 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective CRO/USDC PERP | +0.0033% | 1h | 0.06560 | −3.458% | $5 | $129K | 5.5x | as long as short |
| OKX CRO-USDT-SWAP | +0.0100% | 8h | 0.06785 | −0.147% | $2.3M | $4.3M | 20x | as long as short |
| Gate CRO_USDTshort | +0.0100% | 8h | 0.06778 | −0.250% | $867K | $285K | 25x | |
| MEXC CRO_USDT | +0.0100% | 8h | 0.06782 | −0.191% | $8.8M | $1.3M | 200x | as long as short |
| BloFin CRO-USDT | +0.0220% | 8h | 0.06776 | −0.280% | $154K | $353K | 20x | as long as short |
| GMX CRO/USD [WBTC.b-USDC] | L +0.0368% / S −0.0067% | 1h | 0.06771 | −0.353% | $56K | — | 100x | as long as short |
| Lighter CRO | +0.0576% | 1h | 0.06796 | +0.015% | $51K | $36K | 3x | as long as short |
| Bybit CROUSDTlong | +0.0812% | 8h | 0.06795 | long leg | $6.5M | $5.3M | 25x | |
| BingX CRO-USDT | +0.0831% | 8h | 0.06783 | −0.177% | — | $2.6M | — | as long as short |
| Variational Omni CRO | +0.0835% | 8h | 0.06785 | −0.144% | $167K | $151K | — | as long as short |
Injective CRO/USDC PERP
OKX CRO-USDT-SWAP
MEXC CRO_USDT
BloFin CRO-USDT
GMX CRO/USD [WBTC.b-USDC]
Lighter CRO
BingX CRO-USDT
Variational Omni CROShow all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget CROUSDT | +0.0851% | 8h | 0.06784 | −0.162% | $3.0M | $2.1M | 25x | as long as short |
| KuCoin CROUSDTM | +0.2058% | 8h | 0.06745 | −0.736% | $3.8M | $635K | 20x | as long as short |
| Kraken Futures PF_CROUSD | +0.2130% | 1h | 0.06796 | +0.011% | $54K | $19K | 10x | as long as short |
Bitget CROUSDT
KuCoin CROUSDTM
Kraken Futures PF_CROUSD