Funding you earn now, next payment 00:00 UTC+0.0806%/8h= +88.3% APRnext payment +$8.06 per $10,000 · paid last 24h −0.191%
Price spread now: KuCoin against Bitget−0.860%7-day average −0.807% · you buy dearer than you sell
Net, funding: paid 7d − costs−$84as in the Funding arb table
Net, price: spread back to 7d avg − costs−$133as in the Price arb table
costs, in and out, $10k−$1271.274% of the position
Funding, last 7 days+0.433%+$43 on $10k
+Price spread, last 7 days−0.036%−$4 · spread now −0.860%, 7d avg −0.807%
=Funding pays, the price is against you. KuCoin is 0.053% cheaper against Bitget than usual: you would sell low and buy high (spread −0.860% now, against its 7-day average of −0.807%). If the spread goes back, that is −$5 on $10k: about 5 hours of funding at the current rate (+$24 a day). At the pace of the last 7 days (+0.433% in total) that is about 20 hours.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.433% in total (about 22.6% a year). A funding rate is set anew for every payment; at this rate the next one is about +$8.06 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 | Bitget CROUSDT | 0.06630 | 0.0767 | pay 0.0767% / 8h | 1h 14m | $2.9M | $1.9M | 25x |
| Short | KuCoin CROUSDTM | 0.06573 | 0.1573 | get 0.1573% / 8h | 1h 14m | $3.7M | $611K | 20x |
Bitget CROUSDT
KuCoin CROUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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
- $169.26
- Price spread: −0.860% → −0.807%
- −$5.25
- Slippage, 4 orders
- −$103.42
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- $36.59
- Costs to cover
- 1.274%
- Break-even
- 5.5 days
Slippage from Bitget: live order book, 3 min ago; KuCoin: live order book, 3 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 | 3.02 bp | 24.5 bp −$25 | 84.5 bp −$845 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 3 min ago | 8.37 bp | 37.3 bp −$37 | doesn't fit | 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 | −1.056% | $5 | $129K | 5.5x | as long as short |
| GMX CRO/USD [WBTC.b-USDC] | L +0.0097% / S +0.0284% | 1h | 0.06609 | −0.314% | $51K | — | 100x | as long as short |
| OKX CRO-USDT-SWAP | +0.0100% | 8h | 0.06618 | −0.181% | $2.2M | $3.9M | 20x | as long as short |
| Gate CRO_USDT | +0.0100% | 8h | 0.06602 | −0.422% | $811K | $280K | 25x | as long as short |
| MEXC CRO_USDT | +0.0100% | 8h | 0.06612 | −0.271% | $8.4M | $1.2M | 200x | as long as short |
| BloFin CRO-USDT | +0.0220% | 8h | 0.06609 | −0.317% | $149K | $306K | 20x | as long as short |
| Lighter CRO | +0.0432% | 1h | 0.06624 | −0.090% | $55K | $34K | 3x | as long as short |
| Bybit CROUSDT | +0.0524% | 8h | 0.06619 | −0.166% | $5.5M | $4.7M | 25x | as long as short |
| Variational Omni CRO | +0.0656% | 8h | 0.06610 | −0.299% | $162K | $232K | — | as long as short |
| BingX CRO-USDT | +0.0717% | 8h | 0.06616 | −0.211% | — | $2.6M | — | as long as short |
Injective CRO/USDC PERP
GMX CRO/USD [WBTC.b-USDC]
OKX CRO-USDT-SWAP
Gate CRO_USDT
MEXC CRO_USDT
BloFin CRO-USDT
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 | +0.0767% | 8h | 0.06630 | long leg | $2.9M | $1.9M | 25x | |
| KuCoin CROUSDTMshort | +0.1573% | 8h | 0.06573 | −0.860% | $3.7M | $611K | 20x | |
| Kraken Futures PF_CROUSD | +0.2258% | 1h | 0.06624 | −0.087% | $52K | $20K | 10x | as long as short |
Kraken Futures PF_CROUSD