Funding you earn now, next payment 08:00 UTC−0.1658%/8h= −181.6% APRnext payment −$16.58 per $10,000 · paid last 24h −0.228%
Price spread now: BloFin against KuCoin+0.550%7-day average +0.738% · you sell dearer than you buy
Net, funding: paid 7d − costs−$204as in the Funding arb table
Net, price: spread back to 7d avg − costs−$146as in the Price arb table
costs, in and out, $10k−$1271.272% of the position
Funding, last 7 days−0.768%−$77 on $10k
+Price spread, last 3 days (all we have)+0.045%+$5 · spread now +0.550%, 7d avg +0.738%
=Both sides work against this trade now: funding costs −$50 a day on $10k at the current rate, and BloFin is 0.188% cheaper against KuCoin than usual: you would sell low and buy high (−$19 if the spread goes back to its 7-day average of +0.738%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.768% in total (about -40.1% a year). A funding rate is set anew for every payment; at this rate the next one is about −$16.58 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 | KuCoin CROUSDTM | 0.06542 | 0.1878 | pay 0.1878% / 8h | 7h 24m | $3.7M | $608K | 20x |
| Short | BloFin CRO-USDT | 0.06578 | 0.0220 | get 0.0220% / 8h | 7h 24m | $151K | $306K | 20x |
KuCoin CROUSDTM
BloFin CRO-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against KuCoin. 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
- −$348.18
- Price spread: +0.550% → +0.738%
- −$18.77
- Slippage, 4 orders
- −$103.16
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$494.11
- Costs to cover
- 1.272%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 3 min ago; BloFin: live order book, 42 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 KuCoin live order book, 3 min ago | 9.17 bp | 44.6 bp −$45 | doesn't fit | doesn't fit | doesn't fit |
| Sell BloFin live order book, 42 min ago | 3.80 bp | 15.5 bp −$15 | 53.6 bp −$536 | 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 −0.0035% / S +0.0342% | 1h | 0.06574 | +0.497% | $50K | — | 100x | as long as short |
| Injective CRO/USDC PERP | +0.0033% | 1h | 0.06560 | +0.275% | $5 | $129K | 5.5x | as long as short |
| OKX CRO-USDT-SWAP | +0.0100% | 8h | 0.06582 | +0.611% | $2.3M | $3.9M | 20x | as long as short |
| Gate CRO_USDT | +0.0100% | 8h | 0.06566 | +0.367% | $830K | $282K | 25x | as long as short |
| MEXC CRO_USDT | +0.0100% | 8h | 0.06583 | +0.627% | $8.5M | $1.2M | 200x | as long as short |
| BloFin CRO-USDTshort | +0.0220% | 8h | 0.06578 | +0.550% | $151K | $306K | 20x | |
| Bybit CROUSDT | +0.0268% | 8h | 0.06583 | +0.627% | $5.5M | $4.7M | 25x | as long as short |
| Lighter CRO | +0.0592% | 1h | 0.06591 | +0.749% | $55K | $32K | 3x | as long as short |
| Variational Omni CRO | +0.0698% | 8h | 0.06579 | +0.564% | $158K | $240K | — | as long as short |
| BingX CRO-USDT | +0.1222% | 8h | 0.06580 | +0.581% | — | $2.6M | — | as long as short |
GMX CRO/USD [WBTC.b-USDC]
Injective CRO/USDC PERP
OKX CRO-USDT-SWAP
Gate CRO_USDT
MEXC CRO_USDT
Bybit CROUSDT
Lighter CRO
Variational Omni CRO
BingX CRO-USDTShow all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget CROUSDT | +0.1296% | 8h | 0.06594 | +0.795% | $2.9M | $1.9M | 25x | as long as short |
| KuCoin CROUSDTMlong | +0.1878% | 8h | 0.06542 | long leg | $3.7M | $608K | 20x | |
| Kraken Futures PF_CROUSD | +0.2287% | 1h | 0.06585 | +0.661% | $52K | $20K | 10x | as long as short |
Bitget CROUSDT
Kraken Futures PF_CROUSD