Funding you earn now, next payment 08:00 UTC−0.0203%/8h= −22.2% APRnext payment −$2.03 per $10,000 · paid last 24h −0.036%
Price spread now: MEXC against Bybit−0.106%7-day average −0.073% · you buy dearer than you sell
Net, funding: paid 7d − costs−$82as in the Funding arb table
Net, price: spread back to 7d avg − costs−$78as in the Price arb table
costs, in and out, $10k−$740.743% of the position
Funding, last 7 days−0.082%−$8 on $10k
+Price spread, last 7 days−0.023%−$2 · spread now −0.106%, 7d avg −0.073%
=Both sides work against this trade now: funding costs −$6 a day on $10k at the current rate, and MEXC is 0.034% cheaper against Bybit than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of −0.073%). Swap the legs.
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 −$2.03 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 | Bybit CROUSDT | 0.06578 | 0.0303 | pay 0.0303% / 8h | 7h 28m | $5.5M | $4.7M | 25x |
| Short | MEXC CRO_USDT | 0.06571 | 0.0100 | get 0.0100% / 8h | 7h 28m | $8.5M | $1.2M | 200x |
Bybit CROUSDT
MEXC CRO_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC against Bybit. 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
- −$42.63
- Price spread: −0.106% → −0.073%
- −$3.37
- Slippage, 4 orders
- −$59.32
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$120.31
- Costs to cover
- 0.743%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 5 min ago; MEXC: live order book, 5 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 Bybit live order book, 5 min ago | 2.28 bp | 22.0 bp −$22 | 81.4 bp −$814 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 5 min ago | 3.05 bp | 15.0 bp −$15 | 41.6 bp −$416 | 139.9 bp −$14.0K | 286.8 bp −$143.4K |
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 −0.0029% / S +0.0339% | 1h | 0.06562 | −0.237% | $50K | — | 100x | as long as short |
| Injective CRO/USDC PERP | +0.0033% | 1h | 0.06560 | −0.274% | $5 | $129K | 5.5x | as long as short |
| OKX CRO-USDT-SWAP | +0.0100% | 8h | 0.06575 | −0.046% | $2.3M | $3.9M | 20x | as long as short |
| Gate CRO_USDT | +0.0100% | 8h | 0.06566 | −0.182% | $830K | $282K | 25x | as long as short |
| MEXC CRO_USDTshort | +0.0100% | 8h | 0.06571 | −0.106% | $8.5M | $1.2M | 200x | |
| BloFin CRO-USDT | +0.0220% | 8h | 0.06562 | −0.243% | $151K | $305K | 20x | as long as short |
| Bybit CROUSDTlong | +0.0303% | 8h | 0.06578 | long leg | $5.5M | $4.7M | 25x | |
| Lighter CRO | +0.0584% | 1h | 0.06583 | +0.076% | $55K | $32K | 3x | as long as short |
| Variational Omni CRO | +0.0701% | 8h | 0.06566 | −0.175% | $157K | $240K | — | as long as short |
| BingX CRO-USDT | +0.1218% | 8h | 0.06575 | −0.046% | — | $2.6M | — | as long as short |
GMX CRO/USD [WBTC.b-USDC]
Injective CRO/USDC PERP
OKX CRO-USDT-SWAP
Gate CRO_USDT
BloFin CRO-USDT
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 | +0.1291% | 8h | 0.06584 | +0.091% | $2.9M | $1.9M | 25x | as long as short |
| KuCoin CROUSDTM | +0.1850% | 8h | 0.06539 | −0.593% | $3.7M | $610K | 20x | as long as short |
| Kraken Futures PF_CROUSD | +0.2290% | 1h | 0.06577 | −0.020% | $52K | $20K | 10x | as long as short |
Bitget CROUSDT
KuCoin CROUSDTM
Kraken Futures PF_CROUSD