Funding you earn now, next payment 07:00 UTC−0.2466%/8h= −270.0% APRnext payment −$3.08 per $10,000 · paid last 24h −0.537%
Price spread now: Injective against Kraken Futures+0.036%63s7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−1.205%−$120 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
The price spread pays, funding is against you. Injective is 0.036% dearer against Kraken Futures than usual: you sell high and buy low (spread +0.036% now, against zero (this spread has no 7-day history yet)): +$4 on $10k if it goes back. Holding the pair costs −$74 a day in funding at the current rate, which eats that in about 1 hour. At the pace of the last 7 days (−1.205% in total) that is about 5 hours. The two prices were read 63 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -1.205% in total (about -62.8% a year). A funding rate is set anew for every payment; at this rate the next one is about −$3.08 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 | Kraken Futures PF_CROUSD | 0.06558 | 0.2499 | pay 0.0312% / 1h | 36m 12s | $56K | $28K | 10x |
| Short | Injective CRO/USDC PERP | 0.06560 | 0.0033 | get 0.0004% / 1h | 36m 12s | $5 | $129K | 5.5x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Injective against Kraken Futures. 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
- −$517.81
- Price spread: +0.036% → 0.000%
- $3.57
- Slippage, 4 orders
- no order book: not counted
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- −$524.26
- Costs to cover
- 0.100%
- Break-even
- never at this rate
Slippage unknown: Kraken Futures: no order-book sample; Injective: no order-book sample. Net counts fees only.
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 Kraken Futures no order-book sample | — | — | — | — | — |
| Sell Injective no order-book sample | — | — | — | — | — |
Kraken Futures and Injective: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 PERPshort | +0.0033% | 1h | 0.06560 | +0.036% | $5 | $129K | 5.5x | |
| OKX CRO-USDT-SWAP | +0.0100% | 8h | 0.06550 | −0.117% | $2.2M | $4.6M | 20x | as long as short |
| Gate CRO_USDT | +0.0100% | 8h | 0.06549 | −0.132% | $837K | $327K | 25x | as long as short |
| MEXC CRO_USDT | +0.0100% | 8h | 0.06547 | −0.163% | $8.9M | $1.4M | 200x | as long as short |
| Bitget CROUSDT | +0.0100% | 8h | 0.06548 | −0.147% | $2.9M | $2.1M | 25x | as long as short |
| GMX CRO/USD [WBTC.b-USDC] | L +0.0170% / S −0.0036% | 1h | 0.06542 | −0.234% | $31K | — | 100x | as long as short |
| BingX CRO-USDT | +0.0213% | 8h | 0.06547 | −0.163% | — | $2.6M | — | as long as short |
| BloFin CRO-USDT | +0.0220% | 8h | 0.06561 | +0.051% | $149K | $374K | 20x | as long as short |
| Bybit CROUSDT | +0.0225% | 8h | 0.06554 | −0.056% | $6.2M | $5.7M | 25x | as long as short |
| Lighter CRO | +0.0272% | 1h | 0.06561 | +0.051% | $49K | $40K | 3x | as long as short |
Show all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni CRO | +0.0505% | 8h | 0.06572 | +0.216% | $144K | $176K | — | as long as short |
| KuCoin CROUSDTM | +0.1587% | 8h | 0.06512 | −0.696% | $3.5M | $706K | 20x | as long as short |
| Kraken Futures PF_CROUSDlong | +0.2499% | 1h | 0.06558 | long leg | $56K | $28K | 10x |
Kraken Futures PF_CROUSD
Injective CRO/USDC PERP
OKX CRO-USDT-SWAP
Gate CRO_USDT
MEXC CRO_USDT
Bitget CROUSDT
GMX CRO/USD [WBTC.b-USDC]
BingX CRO-USDT
BloFin CRO-USDT
Bybit CROUSDT
Lighter CRO
Variational Omni CRO
KuCoin CROUSDTM