Funding you earn now, next payment 00:00 UTC+0.1572%/8h= +172.1% APRnext payment +$15.72 per $10,000 · paid last 24h +0.106%
Price spread now: KuCoin against Gate−0.441%7-day average −0.714% · you buy dearer than you sell
Net, funding: paid 7d − costs−$111as in the Funding arb table
Net, price: spread back to 7d avg − costs−$164as in the Price arb table
costs, in and out, $10k−$1921.918% of the position
Funding, last 7 days+0.803%+$80 on $10k
+Price spread, last 4 days (all we have)+0.018%+$2 · spread now −0.441%, 7d avg −0.714%
=Both sides work for this trade now. Funding pays +$47 a day on $10k at the current rate, and KuCoin is 0.273% dearer against Gate than usual: you sell high and buy low: +$27 more if the spread goes back to its 7-day average of −0.714%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.803% in total (about 41.9% a year). A funding rate is set anew for every payment; at this rate the next one is about +$15.72 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 | Gate CRO_USDT | 0.06581 | 0.0100 | pay 0.0100% / 8h | 4m 22s | $820K | $287K | 25x |
| Short | KuCoin CROUSDTM | 0.06552 | 0.1672 | get 0.1672% / 8h | 4m 22s | $3.7M | $614K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against Gate. 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
- $330.12
- Price spread: −0.441% → −0.714%
- $27.33
- Slippage, 4 orders
- −$164.78
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- $165.67
- Costs to cover
- 1.918%
- Break-even
- 3.5 days
Slippage from Gate: live order book, 7 min ago; KuCoin: live order book, 3 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 Gate live order book, 7 min ago | 10.65 bp | 48.1 bp −$48 | doesn't fit | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 3 min ago | 3.06 bp | 44.5 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 | |
|---|---|---|---|---|---|---|---|---|
| GMX CRO/USD [WBTC.b-USDC] | L −0.0021% / S +0.0336% | 1h | 0.06576 | −0.079% | $51K | — | 100x | as long as short |
| Injective CRO/USDC PERP | +0.0004% | 1h | 0.06560 | −0.319% | $5 | $129K | 5.5x | as long as short |
| OKX CRO-USDT-SWAP | +0.0100% | 8h | 0.06603 | +0.334% | $2.3M | $4.0M | 20x | as long as short |
| Gate CRO_USDTlong | +0.0100% | 8h | 0.06581 | long leg | $820K | $287K | 25x | |
| MEXC CRO_USDT | +0.0100% | 8h | 0.06585 | +0.061% | $8.5M | $1.2M | 200x | as long as short |
| BloFin CRO-USDT | +0.0220% | 8h | 0.06578 | −0.046% | $150K | $308K | 20x | as long as short |
| Lighter CRO | +0.0264% | 1h | 0.06603 | +0.334% | $54K | $34K | 3x | as long as short |
| Bybit CROUSDT | +0.0460% | 8h | 0.06599 | +0.274% | $5.5M | $4.8M | 25x | as long as short |
| Variational Omni CRO | +0.0686% | 8h | 0.06579 | −0.036% | $158K | $240K | — | as long as short |
| BingX CRO-USDT | +0.1045% | 8h | 0.06604 | +0.349% | — | $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 CROUSDT | +0.1123% | 8h | 0.06620 | +0.593% | $3.0M | $1.9M | 25x | as long as short |
| Kraken Futures PF_CROUSD | +0.1424% | 1h | 0.06586 | +0.080% | $52K | $20K | 10x | as long as short |
| KuCoin CROUSDTMshort | +0.1672% | 8h | 0.06552 | −0.441% | $3.7M | $614K | 20x |
Gate CRO_USDT
KuCoin CROUSDTM
GMX CRO/USD [WBTC.b-USDC]
Injective CRO/USDC PERP
OKX CRO-USDT-SWAP
MEXC CRO_USDT
BloFin CRO-USDT
Lighter CRO
Bybit CROUSDT
Variational Omni CRO
BingX CRO-USDT
Bitget CROUSDT
Kraken Futures PF_CROUSD