Funding you earn now, next payment 00:00 UTC−0.0535%/8h= −58.6% APRnext payment −$5.35 per $10,000 · paid last 24h −0.261%
Price spread now: BloFin against Bitget−0.257%7-day average −0.225% · you buy dearer than you sell
Net, funding: paid 7d − costs−$116as in the Funding arb table
Net, price: spread back to 7d avg − costs−$102as in the Price arb table
costs, in and out, $10k−$990.988% of the position
Funding, last 7 days−0.177%−$18 on $10k
+Price spread, last 3 days (all we have)+0.118%+$12 · spread now −0.257%, 7d avg −0.225%
=Both sides work against this trade now: funding costs −$16 a day on $10k at the current rate, and BloFin is 0.032% cheaper against Bitget than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of −0.225%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.177% in total (about -9.3% a year). A funding rate is set anew for every payment; at this rate the next one is about −$5.35 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 | Bitget CROUSDT | 0.06608 | 0.0755 | pay 0.0755% / 8h | 1h 19m | $2.9M | $1.9M | 25x |
| Short | BloFin CRO-USDT | 0.06591 | 0.0220 | get 0.0220% / 8h | 1h 19m | $149K | $305K | 20x |
Bitget CROUSDT
BloFin CRO-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against Bitget. 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
- −$112.35
- Price spread: −0.257% → −0.225%
- −$3.24
- Slippage, 4 orders
- −$74.75
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$214.34
- Costs to cover
- 0.988%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 3 min ago; BloFin: live order book, 57 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 Bitget live order book, 3 min ago | 1.51 bp | 34.5 bp −$34 | 114.7 bp −$1,147 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 57 min ago | 1.52 bp | 14.4 bp −$14 | 70.7 bp −$707 | 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 | +0.0038% | 1h | 0.06560 | −0.726% | $5 | $129K | 5.5x | as long as short |
| OKX CRO-USDT-SWAP | +0.0100% | 8h | 0.06592 | −0.242% | $2.2M | $3.9M | 20x | as long as short |
| Gate CRO_USDT | +0.0100% | 8h | 0.06578 | −0.454% | $808K | $280K | 25x | as long as short |
| MEXC CRO_USDT | +0.0100% | 8h | 0.06588 | −0.303% | $8.4M | $1.2M | 200x | as long as short |
| GMX CRO/USD [WBTC.b-USDC] | L +0.0102% / S +0.0282% | 1h | 0.06585 | −0.350% | $51K | — | 100x | as long as short |
| BloFin CRO-USDTshort | +0.0220% | 8h | 0.06591 | −0.257% | $149K | $305K | 20x | |
| Lighter CRO | +0.0416% | 1h | 0.06602 | −0.091% | $54K | $34K | 3x | as long as short |
| Bybit CROUSDT | +0.0522% | 8h | 0.06587 | −0.318% | $5.5M | $4.7M | 25x | as long as short |
| Variational Omni CRO | +0.0654% | 8h | 0.06594 | −0.209% | $161K | $232K | — | as long as short |
| BingX CRO-USDT | +0.0708% | 8h | 0.06589 | −0.288% | — | $2.6M | — | as long as short |
Injective CRO/USDC PERP
OKX CRO-USDT-SWAP
Gate CRO_USDT
MEXC CRO_USDT
GMX CRO/USD [WBTC.b-USDC]
Lighter CRO
Bybit CROUSDT
Variational Omni CRO
BingX CRO-USDTShow all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget CROUSDTlong | +0.0755% | 8h | 0.06608 | long leg | $2.9M | $1.9M | 25x | |
| KuCoin CROUSDTM | +0.1565% | 8h | 0.06548 | −0.908% | $3.7M | $618K | 20x | as long as short |
| Kraken Futures PF_CROUSD | +0.2266% | 1h | 0.06600 | −0.122% | $52K | $20K | 10x | as long as short |
KuCoin CROUSDTM
Kraken Futures PF_CROUSD