Funding you earn now, next payment 08:00 UTC+0.0406%/8h= +44.5% APRnext payment +$4.06 per $10,000 · paid last 24h +0.036%
Price spread now: Bybit against OKX+0.015%7-day average +0.080% · you sell dearer than you buy
Net, funding: paid 7d − costs−$81as in the Funding arb table
Net, price: spread back to 7d avg − costs−$95as in the Price arb table
costs, in and out, $10k−$890.887% of the position
Funding, last 7 days+0.082%+$8 on $10k
+Price spread, last 7 days+0.094%+$9 · spread now +0.015%, 7d avg +0.080%
=Funding pays, the price is against you. Bybit is 0.065% cheaper against OKX than usual: you would sell low and buy high (spread +0.015% now, against its 7-day average of +0.080%). If the spread goes back, that is −$7 on $10k: about 13 hours of funding at the current rate (+$12 a day). At the pace of the last 7 days (+0.082% in total) that is about 5.6 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.082% in total (about 4.3% a year). A funding rate is set anew for every payment; at this rate the next one is about +$4.06 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 | OKX CRO-USDT-SWAP | 0.06558 | 0.0100 | pay 0.0100% / 8h | 7h 41m | $2.3M | $3.9M | 20x |
| Short | Bybit CROUSDT | 0.06559 | 0.0506 | get 0.0506% / 8h | 7h 41m | $5.5M | $4.8M | 25x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against OKX. 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
- $85.3
- Price spread: +0.015% → +0.080%
- −$6.51
- Slippage, 4 orders
- −$67.72
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$9.92
- Costs to cover
- 0.887%
- Break-even
- 7.8 days
Slippage from OKX: live order book, 1 min ago; Bybit: live order book, 1 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 OKX live order book, 1 min ago | 1.52 bp | 21.5 bp −$21 | 93.4 bp −$934 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 1 min ago | 1.52 bp | 23.0 bp −$23 | 97.4 bp −$974 | 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 −0.0069% / S +0.0356% | 1h | 0.06552 | −0.087% | $50K | — | 100x | as long as short |
| Injective CRO/USDC PERP | +0.0033% | 1h | 0.06560 | +0.030% | $5 | $129K | 5.5x | as long as short |
| OKX CRO-USDT-SWAPlong | +0.0100% | 8h | 0.06558 | long leg | $2.3M | $3.9M | 20x | |
| Gate CRO_USDT | +0.0100% | 8h | 0.06555 | −0.046% | $828K | $282K | 25x | as long as short |
| MEXC CRO_USDT | +0.0100% | 8h | 0.06559 | +0.015% | $8.5M | $1.2M | 200x | as long as short |
| BloFin CRO-USDT | +0.0220% | 8h | 0.06560 | +0.030% | $151K | $304K | 20x | as long as short |
| Bybit CROUSDTshort | +0.0506% | 8h | 0.06559 | +0.015% | $5.5M | $4.8M | 25x | |
| Lighter CRO | +0.0592% | 1h | 0.06570 | +0.183% | $54K | $32K | 3x | as long as short |
| Variational Omni CRO | +0.0709% | 8h | 0.06565 | +0.106% | $158K | $240K | — | as long as short |
| BingX CRO-USDT | +0.1161% | 8h | 0.06555 | −0.046% | — | $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 | +0.1240% | 8h | 0.06580 | +0.335% | $3.0M | $1.9M | 25x | as long as short |
| KuCoin CROUSDTM | +0.1780% | 8h | 0.06530 | −0.427% | $3.7M | $614K | 20x | as long as short |
| Kraken Futures PF_CROUSD | +0.2291% | 1h | 0.06573 | +0.235% | $52K | $20K | 10x | as long as short |
OKX CRO-USDT-SWAP
Bybit CROUSDT
GMX CRO/USD [WBTC.b-USDC]
Injective CRO/USDC PERP
Gate CRO_USDT
MEXC CRO_USDT
BloFin CRO-USDT
Lighter CRO
Variational Omni CRO
BingX CRO-USDT
Bitget CROUSDT
KuCoin CROUSDTM
Kraken Futures PF_CROUSD