Funding you earn now, next payment 00:00 UTC+0.1135%/8h= +124.3% APRpaid last 24h +0.316%
Price spread now: Bitget against Injective+1.037%7-day average +3.887% · 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)+0.440%+$44 on $10k
+Price spread, last 3 days (all we have)+3.182%+$318 · spread now +1.037%, 7d avg +3.887%
=Funding pays, the price is against you. Bitget is 2.850% cheaper against Injective than usual: you would sell low and buy high (spread +1.037% now, against its 7-day average of +3.887%). If the spread goes back, that is −$285 on $10k: about 8.4 days of funding at the current rate (+$34 a day). At the pace of the last 4 days (+0.440% in total) that is about 26 days.
The current funding rate is far above what this pair has been paying: over the last 4 days it paid 0.440% in total (about 40.6% 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 | 0.0004 | pay 0.0000% / 1h | 0m 59s | $5 | $129K | 5.5x |
| Short | Bitget CROUSDT | 0.06628 | 0.1139 | get 0.1139% / 8h | 0m 59s | $3.0M | $1.9M | 25x |
Injective CRO/USDC PERP
Bitget CROUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget 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
- $238.39
- Price spread: +1.037% → +3.887%
- −$285.01
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$58.63
- Costs to cover
- 0.120%
- Break-even
- 8.7 days
Slippage unknown: Injective: no order-book sample; Bitget: live order book, 7 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 Bitget live order book, 7 min ago | 6.06 bp | 22.7 bp −$23 | 98.3 bp −$983 | 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 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 −0.0021% / S +0.0336% | 1h | 0.06602 | +0.637% | $51K | — | 100x | as long as short |
| Injective CRO/USDC PERPlong | +0.0004% | 1h | 0.06560 | long leg | $5 | $129K | 5.5x | |
| OKX CRO-USDT-SWAP | +0.0100% | 8h | 0.06608 | +0.732% | $2.3M | $4.0M | 20x | as long as short |
| Gate CRO_USDT | +0.0100% | 8h | 0.06601 | +0.625% | $827K | $290K | 25x | as long as short |
| MEXC CRO_USDT | +0.0100% | 8h | 0.06607 | +0.716% | $8.5M | $1.2M | 200x | as long as short |
| BloFin CRO-USDT | +0.0220% | 8h | 0.06592 | +0.488% | $151K | $309K | 20x | as long as short |
| Lighter CRO | +0.0288% | 1h | 0.06620 | +0.915% | $55K | $34K | 3x | as long as short |
| Bybit CROUSDT | +0.0459% | 8h | 0.06610 | +0.762% | $5.5M | $4.8M | 25x | as long as short |
| Variational Omni CRO | +0.0693% | 8h | 0.06610 | +0.764% | $158K | $240K | — | as long as short |
| BingX CRO-USDT | +0.1067% | 8h | 0.06610 | +0.762% | — | $2.6M | — | as long as short |
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 CROUSDTshort | +0.1139% | 8h | 0.06628 | +1.037% | $3.0M | $1.9M | 25x | |
| Kraken Futures PF_CROUSD | +0.1417% | 1h | 0.06621 | +0.923% | $53K | $20K | 10x | as long as short |
| KuCoin CROUSDTM | +0.1672% | 8h | 0.06568 | +0.122% | $3.7M | $615K | 20x | as long as short |
Kraken Futures PF_CROUSD
KuCoin CROUSDTM