Funding you earn now, next payment 08:00 UTC+0.1409%/8h= +154.3% APRnext payment +$14.09 per $10,000 · paid last 24h +0.228%
Price spread now: KuCoin against Bybit−0.878%7-day average −0.676% · you buy dearer than you sell
Net, funding: paid 7d − costs−$39as in the Funding arb table
Net, price: spread back to 7d avg − costs−$151as in the Price arb table
costs, in and out, $10k−$1311.312% of the position
Funding, last 7 days+0.925%+$92 on $10k
+Price spread, last 7 days+0.169%+$17 · spread now −0.878%, 7d avg −0.676%
=Funding pays, the price is against you. KuCoin is 0.201% cheaper against Bybit than usual: you would sell low and buy high (spread −0.878% now, against its 7-day average of −0.676%). If the spread goes back, that is −$20 on $10k: about 11 hours of funding at the current rate (+$42 a day). At the pace of the last 7 days (+0.925% in total) that is about 37 hours.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.925% in total (about 48.2% a year). A funding rate is set anew for every payment; at this rate the next one is about +$14.09 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 | 0.06721 | 0.0504 | pay 0.0504% / 8h | 4h 25m | $6.3M | $5.5M | 25x |
| Short | KuCoin CROUSDTM | 0.06662 | 0.1913 | get 0.1913% / 8h | 4h 25m | $3.7M | $675K | 20x |
Bybit CROUSDT
KuCoin CROUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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
- $295.84
- Price spread: −0.878% → −0.676%
- −$20.15
- Slippage, 4 orders
- −$108.24
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- $144.45
- Costs to cover
- 1.312%
- Break-even
- 3.6 days
Slippage from Bybit: live order book, 3 min ago; KuCoin: 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 Bybit live order book, 3 min ago | 3.72 bp | 24.9 bp −$25 | 120.2 bp −$1,202 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 2 min ago | 9.74 bp | 44.0 bp −$44 | 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 | −2.395% | $5 | $129K | 5.5x | as long as short |
| OKX CRO-USDT-SWAP | +0.0100% | 8h | 0.06718 | −0.045% | $2.3M | $4.4M | 20x | as long as short |
| Gate CRO_USDT | +0.0100% | 8h | 0.06714 | −0.104% | $853K | $294K | 25x | as long as short |
| MEXC CRO_USDT | +0.0100% | 8h | 0.06717 | −0.060% | $8.8M | $1.3M | 200x | as long as short |
| Lighter CRO | +0.0152% | 1h | 0.06729 | +0.119% | $49K | $38K | 3x | as long as short |
| GMX CRO/USD [WBTC.b-USDC] | L +0.0173% / S −0.0036% | 1h | 0.06712 | −0.129% | $32K | — | 100x | as long as short |
| BloFin CRO-USDT | +0.0220% | 8h | 0.06720 | −0.015% | $154K | $363K | 20x | as long as short |
| Bybit CROUSDTlong | +0.0504% | 8h | 0.06721 | long leg | $6.3M | $5.5M | 25x | |
| BingX CRO-USDT | +0.0570% | 8h | 0.06717 | −0.060% | — | $2.6M | — | as long as short |
| Bitget CROUSDT | +0.0580% | 8h | 0.06716 | −0.074% | $2.9M | $2.2M | 25x | as long as short |
Injective CRO/USDC PERP
OKX CRO-USDT-SWAP
Gate CRO_USDT
MEXC CRO_USDT
Lighter CRO
GMX CRO/USD [WBTC.b-USDC]
BloFin CRO-USDT
BingX CRO-USDT
Bitget CROUSDTShow all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni CRO | +0.0760% | 8h | 0.06713 | −0.115% | $157K | $159K | — | as long as short |
| KuCoin CROUSDTMshort | +0.1913% | 8h | 0.06662 | −0.878% | $3.7M | $675K | 20x | |
| Kraken Futures PF_CROUSD | +0.2843% | 1h | 0.06734 | +0.186% | $54K | $19K | 10x | as long as short |
Variational Omni CRO
Kraken Futures PF_CROUSD