Funding you earn now, next payment 01:00 UTC−0.1937%/8h= −212.1% APRpaid last 24h −0.284%
Price spread now: Injective against KuCoin−3.159%7-day average −2.918% · 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)−0.668%−$67 on $10k
+Price spread, last 3 days (all we have)−0.326%−$33 · spread now −3.159%, 7d avg −2.918%
=Both sides work against this trade now: funding costs −$58 a day on $10k at the current rate, and Injective is 0.242% cheaper against KuCoin than usual: you would sell low and buy high (−$24 if the spread goes back to its 7-day average of −2.918%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 4 days it paid -0.668% in total (about -61.0% 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 | KuCoin CROUSDTM | 0.06774 | 0.1970 | pay 0.1970% / 8h | 7h 05m | $3.9M | $622K | 20x |
| Short | Injective CRO/USDC PERP | 0.06560 | 0.0033 | get 0.0004% / 1h | 5m 01s | $5 | $129K | 5.5x |
KuCoin CROUSDTM
Injective CRO/USDC PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Injective 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
- −$406.7
- Price spread: −3.159% → −2.918%
- −$24.16
- Slippage, 4 orders
- no order book: not counted
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- −$442.88
- Costs to cover
- 0.120%
- Break-even
- never at this rate
Slippage unknown: KuCoin: live order book, 2 min ago; Injective: no order-book sample. 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 KuCoin live order book, 2 min ago | 18.34 bp | 50.0 bp −$50 | doesn't fit | doesn't fit | doesn't fit |
| Sell Injective no order-book sample | — | — | — | — | — |
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 −0.0028% / S +0.0354% | 1h | 0.06798 | +0.359% | $72K | — | 100x | as long as short |
| Injective CRO/USDC PERPshort | +0.0033% | 1h | 0.06560 | −3.159% | $5 | $129K | 5.5x | |
| OKX CRO-USDT-SWAP | +0.0100% | 8h | 0.06813 | +0.576% | $2.4M | $4.2M | 20x | as long as short |
| Gate CRO_USDT | +0.0100% | 8h | 0.06806 | +0.472% | $861K | $289K | 25x | as long as short |
| MEXC CRO_USDT | +0.0100% | 8h | 0.06815 | +0.605% | $8.7M | $1.2M | 200x | as long as short |
| BloFin CRO-USDT | +0.0220% | 8h | 0.06816 | +0.620% | $151K | $319K | 20x | as long as short |
| Bybit CROUSDT | +0.0406% | 8h | 0.06814 | +0.590% | $6.2M | $5.1M | 25x | as long as short |
| Lighter CRO | +0.0576% | 1h | 0.06828 | +0.797% | $57K | $32K | 3x | as long as short |
| Variational Omni CRO | +0.0710% | 8h | 0.06818 | +0.653% | $163K | $235K | — | as long as short |
| BingX CRO-USDT | +0.1241% | 8h | 0.06818 | +0.650% | — | $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
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 | +0.1302% | 8h | 0.06829 | +0.812% | $3.0M | $2.0M | 25x | as long as short |
| KuCoin CROUSDTMlong | +0.1970% | 8h | 0.06774 | long leg | $3.9M | $622K | 20x | |
| Kraken Futures PF_CROUSD | +0.2201% | 1h | 0.06842 | +1.000% | $54K | $20K | 10x | as long as short |
Bitget CROUSDT
Kraken Futures PF_CROUSD