Funding you earn now, next payment 23:00 UTC+0.1510%/8h= +165.3% APRpaid last 24h +0.126%
Price spread now: KuCoin against Injective−0.596%7-day average +2.983% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)+0.501%+$50 on $10k
+Price spread, last 3 days (all we have)+4.094%+$409 · spread now −0.596%, 7d avg +2.983%
=Funding pays, the price is against you. KuCoin is 3.578% cheaper against Injective than usual: you would sell low and buy high (spread −0.596% now, against its 7-day average of +2.983%). If the spread goes back, that is −$358 on $10k: about 7.9 days of funding at the current rate (+$45 a day). At the pace of the last 4 days (+0.501% in total) that is about 28 days.
The current funding rate is far above what this pair has been paying: over the last 4 days it paid 0.501% in total (about 47.1% 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 | 0.06547 | 0.0038 | pay 0.0005% / 1h | 49m 03s | $5 | $115K | 5.5x |
| Short | KuCoin CROUSDTM | 0.06508 | 0.1548 | get 0.1548% / 8h | 1h 49m | $3.7M | $624K | 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
- $317.11
- Price spread: −0.596% → +2.983%
- −$357.83
- 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
- −$52.75
- Costs to cover
- 0.120%
- Break-even
- 8.2 days
Slippage unknown: Injective: no order-book sample; KuCoin: live order book, 3 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, 3 min ago | 7.68 bp | 41.6 bp −$42 | 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 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 PERPlong | +0.0038% | 1h | 0.06547 | long leg | $5 | $115K | 5.5x | |
| OKX CRO-USDT-SWAP | +0.0100% | 8h | 0.06548 | +0.015% | $2.2M | $3.8M | 20x | as long as short |
| Gate CRO_USDT | +0.0100% | 8h | 0.06541 | −0.092% | $803K | $278K | 25x | as long as short |
| MEXC CRO_USDT | +0.0100% | 8h | 0.06547 | 0.000% | $8.3M | $1.2M | 200x | as long as short |
| GMX CRO/USD [WBTC.b-USDC] | L +0.0146% / S +0.0263% | 1h | 0.06544 | −0.049% | $50K | — | 100x | as long as short |
| BloFin CRO-USDT | +0.0220% | 8h | 0.06550 | +0.046% | $148K | $295K | 20x | as long as short |
| Lighter CRO | +0.0480% | 1h | 0.06559 | +0.183% | $54K | $34K | 3x | as long as short |
| Bybit CROUSDT | +0.0499% | 8h | 0.06550 | +0.046% | $5.4M | $4.7M | 25x | as long as short |
| BingX CRO-USDT | +0.0573% | 8h | 0.06547 | 0.000% | — | $2.6M | — | as long as short |
| Variational Omni CRO | +0.0593% | 8h | 0.06545 | −0.024% | $167K | $221K | — | as long as short |
OKX CRO-USDT-SWAP
Gate CRO_USDT
MEXC CRO_USDT
GMX CRO/USD [WBTC.b-USDC]
BloFin CRO-USDT
Lighter CRO
Bybit CROUSDT
BingX CRO-USDT
Variational Omni CROShow all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget CROUSDT | +0.0626% | 8h | 0.06568 | +0.321% | $2.9M | $1.9M | 25x | as long as short |
| KuCoin CROUSDTMshort | +0.1548% | 8h | 0.06508 | −0.596% | $3.7M | $624K | 20x | |
| Kraken Futures PF_CROUSD | +0.2282% | 1h | 0.06555 | +0.121% | $52K | $20K | 10x | as long as short |
Bitget CROUSDT
Kraken Futures PF_CROUSD