Settings8H · net · $10k
Funding arb · Price arb /

CRO

all CRO markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.1521%/8h= −166.5% APRnext payment $15.21 per $10,000 · paid last 24h −0.264%
Price spread now: MEXC against KuCoin+0.723%7-day average +0.610% · you sell dearer than you buy
Net, funding: paid 7d − costs−$213as in the Funding arb table
Net, price: spread back to 7d avg − costs−$101as in the Price arb table
costs, in and out, $10k−$1121.123% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−1.006%−$101 on $10k
Price spread, last 7 days−0.123%−$12 · spread now +0.723%, 7d avg +0.610%
Together, before fees−1.130%−$113 on $10k · with fees, hour by hour
The price spread pays, funding is against you. MEXC is 0.113% dearer against KuCoin than usual: you sell high and buy low (spread +0.723% now, against its 7-day average of +0.610%): +$11 on $10k if it goes back. Holding the pair costs −$46 a day in funding at the current rate, which eats that in about 6 hours. At the pace of the last 7 days (−1.006% in total) that is about 19 hours.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -1.006% in total (about -52.5% a year). A funding rate is set anew for every payment; at this rate the next one is about $15.21 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin CROUSDTM0.065040.1621pay 0.1621% / 8h56m 46s$3.5M$674K20x
ShortMEXC CRO_USDT0.065510.0100get 0.0100% / 8h56m 46s$8.9M$1.4M200x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

MEXC against KuCoin. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
−$319.41
Price spread: +0.723% → +0.610%
$11.3
Slippage, 4 orders
−$96.33
Fee KuCoin: 6 bp × 2 orders
−$12
Fee MEXC: 2 bp × 2 orders
−$4
Net
−$420.45
Costs to cover
1.123%
Break-even
never at this rate
Slippage from KuCoin: live order book, 11 min ago; MEXC: live order book, 1 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy KuCoin live order book, 11 min ago11.41 bp44.8 bp −$45doesn't fitdoesn't fitdoesn't fit
Sell MEXC live order book, 1 min ago2.28 bp9.9 bp −$1051.0 bp −$510132.0 bp −$13.2Kdoesn't fit

CRO on 13 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective CRO/USDC PERP+0.0033%1h0.06560+0.861%$5$129K5.5xas long as short
OKX CRO-USDT-SWAP+0.0100%8h0.06544+0.615%$2.2M$4.6M20xas long as short
Gate CRO_USDT+0.0100%8h0.06541+0.569%$835K$312K25xas long as short
MEXC CRO_USDTshort+0.0100%8h0.06551+0.723%$8.9M$1.4M200x
Bitget CROUSDT+0.0100%8h0.06546+0.646%$3.0M$2.1M25xas long as short
Lighter CRO+0.0160%1h0.06556+0.800%$49K$35K3xas long as short
GMX CRO/USD [WBTC.b-USDC]L +0.0170% / S −0.0036%1h0.06532+0.426%$31K100xas long as short
BloFin CRO-USDT+0.0220%8h0.06565+0.938%$150K$375K20xas long as short
BingX CRO-USDT+0.0277%8h0.06543+0.600%$2.5Mas long as short
Bybit CROUSDT+0.0289%8h0.06551+0.723%$6.2M$5.7M25xas long as short
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni CRO+0.0533%8h0.06580+1.166%$144K$176Kas long as short
KuCoin CROUSDTMlong+0.1621%8h0.06504long leg$3.5M$674K20x
Kraken Futures PF_CROUSD+0.2270%1h0.06553+0.758%$56K$28K10xas long as short