Funding you earn now, next payment 08:00 UTC+0.1520%/8h= +166.4% APRnext payment +$15.20 per $10,000 · paid last 24h +0.264%
Price spread now: KuCoin against MEXC−0.718%7-day average −0.610% · you buy dearer than you sell
Net, funding: paid 7d − costs−$11as in the Funding arb table
Net, price: spread back to 7d avg − costs−$122as in the Price arb table
costs, in and out, $10k−$1111.114% of the position
Funding, last 7 days+1.006%+$101 on $10k
+Price spread, last 7 days+0.119%+$12 · spread now −0.718%, 7d avg −0.610%
=Funding pays, the price is against you. KuCoin is 0.108% cheaper against MEXC than usual: you would sell low and buy high (spread −0.718% now, against its 7-day average of −0.610%). If the spread goes back, that is −$11 on $10k: about 6 hours of funding at the current rate (+$46 a day). At the pace of the last 7 days (+1.006% in total) that is about 18 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 +$15.20 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 | MEXC CRO_USDT | 0.06545 | 0.0100 | pay 0.0100% / 8h | 55m 36s | $8.9M | $1.4M | 200x |
| Short | KuCoin CROUSDTM | 0.06498 | 0.1620 | get 0.1620% / 8h | 55m 36s | $3.5M | $674K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against MEXC. 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
- $319.2
- Price spread: −0.718% → −0.610%
- −$10.84
- Slippage, 4 orders
- −$95.42
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- $196.94
- Costs to cover
- 1.114%
- Break-even
- 2.7 days
Slippage from MEXC: live order book, 2 min ago; KuCoin: live order book, 2 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 MEXC live order book, 2 min ago | 2.28 bp | 16.2 bp −$16 | 60.6 bp −$606 | 160.6 bp −$16.1K | doesn't fit |
| Sell KuCoin live order book, 2 min ago | 18.46 bp | 37.3 bp −$37 | doesn't fit | doesn't fit | doesn't fit |
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 PERP | +0.0033% | 1h | 0.06560 | +0.229% | $5 | $129K | 5.5x | as long as short |
| OKX CRO-USDT-SWAP | +0.0100% | 8h | 0.06544 | −0.015% | $2.2M | $4.6M | 20x | as long as short |
| Gate CRO_USDT | +0.0100% | 8h | 0.06540 | −0.076% | $835K | $312K | 25x | as long as short |
| MEXC CRO_USDTlong | +0.0100% | 8h | 0.06545 | long leg | $8.9M | $1.4M | 200x | |
| Bitget CROUSDT | +0.0100% | 8h | 0.06543 | −0.031% | $3.0M | $2.1M | 25x | as long as short |
| GMX CRO/USD [WBTC.b-USDC] | L +0.0170% / S −0.0036% | 1h | 0.06536 | −0.142% | $31K | — | 100x | as long as short |
| Lighter CRO | +0.0216% | 1h | 0.06557 | +0.183% | $49K | $35K | 3x | as long as short |
| BloFin CRO-USDT | +0.0220% | 8h | 0.06565 | +0.306% | $150K | $375K | 20x | as long as short |
| BingX CRO-USDT | +0.0277% | 8h | 0.06543 | −0.031% | — | $2.6M | — | as long as short |
| Bybit CROUSDT | +0.0289% | 8h | 0.06549 | +0.061% | $6.2M | $5.7M | 25x | as long as short |
Show all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni CRO | +0.0525% | 8h | 0.06544 | −0.011% | $141K | $178K | — | as long as short |
| KuCoin CROUSDTMshort | +0.1620% | 8h | 0.06498 | −0.718% | $3.5M | $674K | 20x | |
| Kraken Futures PF_CROUSD | +0.2269% | 1h | 0.06556 | +0.171% | $56K | $28K | 10x | as long as short |
MEXC CRO_USDT
KuCoin CROUSDTM
Injective CRO/USDC PERP
OKX CRO-USDT-SWAP
Gate CRO_USDT
Bitget CROUSDT
GMX CRO/USD [WBTC.b-USDC]
Lighter CRO
BloFin CRO-USDT
BingX CRO-USDT
Bybit CROUSDT
Variational Omni CRO
Kraken Futures PF_CROUSD