Funding you earn now, next payment 02:00 UTC+0.2000%/8h= +219.0% APRpaid last 24h +0.284%
Price spread now: KuCoin against Injective+0.305%7-day average +2.894% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)+0.667%+$67 on $10k
+Price spread, last 3 days (all we have)+3.204%+$320 · spread now +0.305%, 7d avg +2.894%
=Funding pays, the price is against you. KuCoin is 2.590% cheaper against Injective than usual: you would sell low and buy high (spread +0.305% now, against its 7-day average of +2.894%). If the spread goes back, that is −$259 on $10k: about 4.3 days of funding at the current rate (+$60 a day). At the pace of the last 4 days (+0.667% in total) that is about 16 days.
The current funding rate is far above what this pair has been paying: over the last 4 days it paid 0.667% in total (about 60.4% a year). A funding rate is set anew for every payment. 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 | Injective CRO/USDC PERP | 0.06560 | 0.0033 | pay 0.0004% / 1h | 15m 25s | $5 | $129K | 5.5x |
| Short | KuCoin CROUSDTM | 0.06580 | 0.2033 | get 0.2033% / 8h | 6h 15m | $3.8M | $639K | 20x |
Injective CRO/USDC PERP
KuCoin CROUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against Injective. 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
- $419.93
- Price spread: +0.305% → +2.894%
- −$258.96
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- $148.95
- Costs to cover
- 0.120%
- Break-even
- 4.5 days
Slippage unknown: Injective: no order-book sample; KuCoin: live order book, 2 min ago. 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 Injective no order-book sample | — | — | — | — | — |
| Sell KuCoin live order book, 2 min ago | 12.91 bp | 44.7 bp −$45 | doesn't fit | doesn't fit | doesn't fit |
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 12 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 PERPlong | +0.0033% | 1h | 0.06560 | long leg | $5 | $129K | 5.5x | |
| OKX CRO-USDT-SWAP | +0.0100% | 8h | 0.06610 | +0.762% | $2.3M | $4.3M | 20x | as long as short |
| Gate CRO_USDT | +0.0100% | 8h | 0.06610 | +0.762% | $838K | $282K | 25x | as long as short |
| MEXC CRO_USDT | +0.0100% | 8h | 0.06612 | +0.793% | $8.4M | $1.3M | 200x | as long as short |
| Lighter CRO | +0.0280% | 1h | 0.06627 | +1.021% | $50K | $38K | 3x | as long as short |
| GMX CRO/USD [WBTC.b-USDC] | L +0.0320% / S +0.0042% | 1h | 0.06609 | +0.745% | $55K | — | 100x | as long as short |
| Bybit CROUSDT | +0.0737% | 8h | 0.06619 | +0.899% | $6.2M | $5.3M | 25x | as long as short |
| Variational Omni CRO | +0.0773% | 8h | 0.06626 | +1.010% | $158K | $138K | — | as long as short |
| BingX CRO-USDT | +0.1093% | 8h | 0.06612 | +0.793% | — | $2.6M | — | as long as short |
| Bitget CROUSDT | +0.1129% | 8h | 0.06614 | +0.823% | $2.9M | $2.1M | 25x | as long as short |
OKX CRO-USDT-SWAP
Gate CRO_USDT
MEXC CRO_USDT
Lighter CRO
GMX CRO/USD [WBTC.b-USDC]
Bybit CROUSDT
Variational Omni CRO
BingX CRO-USDT
Bitget CROUSDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin CROUSDTMshort | +0.2033% | 8h | 0.06580 | +0.305% | $3.8M | $639K | 20x | |
| Kraken Futures PF_CROUSD | +0.2414% | 1h | 0.06624 | +0.977% | $53K | $20K | 10x | as long as short |
Kraken Futures PF_CROUSD