Funding you earn now, next payment 08:00 UTC+0.1113%/8h= +121.9% APRnext payment +$11.13 per $10,000 · paid last 24h +0.304%
Price spread now: BingX against OKX−0.015%7-day average +0.009% · you buy dearer than you sell
Net, funding: paid 7d − costs−$48as in the Funding arb table
Net, price: spread back to 7d avg − costs−$99as in the Price arb table
costs, in and out, $10k−$960.964% of the position
Funding, last 7 days+0.489%+$49 on $10k
+Price spread, last 7 days−0.019%−$2 · spread now −0.015%, 7d avg +0.009%
=Funding pays, the price is against you. BingX is 0.025% cheaper against OKX than usual: you would sell low and buy high (spread −0.015% now, against its 7-day average of +0.009%). If the spread goes back, that is −$2 on $10k: about 2 hours of funding at the current rate (+$33 a day). At the pace of the last 7 days (+0.489% in total) that is about 8 hours.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.489% in total (about 25.5% a year). A funding rate is set anew for every payment; at this rate the next one is about +$11.13 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 | OKX CRO-USDT-SWAP | 0.06572 | 0.0100 | pay 0.0100% / 8h | 6h 47m | $2.3M | $4.2M | 20x |
| Short | BingX CRO-USDT | 0.06571 | 0.1213 | get 0.1213% / 8h | 6h 47m | — | $2.6M | — |
OKX CRO-USDT-SWAP
BingX CRO-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against OKX. 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
- $233.73
- Price spread: −0.015% → +0.009%
- −$2.47
- Slippage, 4 orders
- −$76.44
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- $134.83
- Costs to cover
- 0.964%
- Break-even
- 3.0 days
Slippage from OKX: live order book, 4 min ago; BingX: 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 OKX live order book, 4 min ago | 2.29 bp | 17.6 bp −$18 | 95.8 bp −$958 | doesn't fit | doesn't fit |
| Sell BingX live order book, 2 min ago | 5.34 bp | 27.8 bp −$28 | 80.4 bp −$804 | 351.9 bp −$35.2K | 683.4 bp −$341.7K |
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 −0.0093% / S +0.0368% | 1h | 0.06563 | −0.131% | $50K | — | 100x | as long as short |
| Injective CRO/USDC PERP | +0.0033% | 1h | 0.06560 | −0.183% | $5 | $129K | 5.5x | as long as short |
| OKX CRO-USDT-SWAPlong | +0.0100% | 8h | 0.06572 | long leg | $2.3M | $4.2M | 20x | |
| Gate CRO_USDT | +0.0100% | 8h | 0.06560 | −0.183% | $833K | $275K | 25x | as long as short |
| MEXC CRO_USDT | +0.0100% | 8h | 0.06570 | −0.030% | $8.4M | $1.2M | 200x | as long as short |
| BloFin CRO-USDT | +0.0220% | 8h | 0.06563 | −0.137% | $153K | $317K | 20x | as long as short |
| Lighter CRO | +0.0232% | 1h | 0.06579 | +0.107% | $49K | $38K | 3x | as long as short |
| Bybit CROUSDT | +0.0493% | 8h | 0.06578 | +0.091% | $6.0M | $5.2M | 25x | as long as short |
| Variational Omni CRO | +0.0707% | 8h | 0.06564 | −0.122% | $157K | $144K | — | as long as short |
| BingX CRO-USDTshort | +0.1213% | 8h | 0.06571 | −0.015% | — | $2.6M | — |
GMX CRO/USD [WBTC.b-USDC]
Injective CRO/USDC PERP
Gate CRO_USDT
MEXC CRO_USDT
BloFin CRO-USDT
Lighter CRO
Bybit CROUSDT
Variational Omni CROShow all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget CROUSDT | +0.1249% | 8h | 0.06574 | +0.030% | $2.9M | $2.0M | 25x | as long as short |
| KuCoin CROUSDTM | +0.1986% | 8h | 0.06530 | −0.639% | $3.7M | $625K | 20x | as long as short |
| Kraken Futures PF_CROUSD | +0.2430% | 1h | 0.06580 | +0.118% | $52K | $20K | 10x | as long as short |
Bitget CROUSDT
KuCoin CROUSDTM
Kraken Futures PF_CROUSD