Funding you earn now, next payment 12:00 UTC+0.0550%/8h= +60.3% APRpaid last 24h +0.119%
Price spread now: edgeX against Binance−0.073%90s7-day average −0.042% · you buy dearer than you sell
Net, funding: paid 7d − costs−$56as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$840.838% of the position
Funding, last 7 days+0.274%+$27 on $10k
+Price spread, last 4 days (all we have)−0.054%−$5 · spread now −0.073%, 7d avg −0.042%
=Together, before fees+0.219%+ Points / potential airdropedgeX: Active · farm board+$22 on $10k · with fees, hour by hour
Funding pays, the price is against you. edgeX is 0.031% cheaper against Binance than usual: you would sell low and buy high (spread −0.073% now, against its 7-day average of −0.042%). If the spread goes back, that is −$3 on $10k: about 5 hours of funding at the current rate (+$17 a day). At the pace of the last 7 days (+0.274% in total) that is about 19 hours. The two prices were read 90 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.274% in total (about 14.3% 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 | Binance CRMUSDT | 239.67 | 0 | get 0.0000% / 8h | 7h 35m | $1.8M | $1.4M | 20x |
| Short | edgeX CRMUSDC | 239.49 | 0.0550 | get 0.0275% / 4h | 3h 35m | $97K | $229K | 10x |
Binance CRMUSDT
edgeX CRMUSDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX against Binance. 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
- $115.59
- Price spread: −0.073% → −0.042%
- −$3.13
- Slippage, 4 orders
- −$64.8
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- $28.66
- Costs to cover
- 0.838%
- Break-even
- 5.3 days
Slippage from Binance: live order book, 13 min ago; edgeX: live order book, 61 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 Binance live order book, 13 min ago | 2.09 bp | 31.3 bp −$31 | 91.2 bp −$912 | doesn't fit | doesn't fit |
| Sell edgeX live order book, 61 min ago | 9.02 bp | 19.4 bp −$19 | doesn't fit | doesn't fit | doesn't fit |
CRM on 14 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster CRMUSDT | 0.0000% | 8h | 239.51 | −0.066% | $11K | $2K | 20x | as long as short |
| Binance CRMUSDTlong | 0.0000% | 8h | 239.67 | long leg | $1.8M | $1.4M | 20x | |
| Bybit CRMUSDT | 0.0000% | 8h | 239.23 | −0.184% | $263K | $75K | 25x | as long as short |
| OKX CRM-USDT-SWAP | 0.0000% | 8h | 239.28 | −0.163% | $464K | $143K | 10x | as long as short |
| Gate CRM_USDT | 0.0000% | 8h | 239.28 | −0.163% | $216K | $29K | 20x | as long as short |
| Bitget CRMUSDT | 0.0000% | 8h | 239.28 | −0.163% | $447K | $30K | 20x | as long as short |
| Variational Omni CRM | 0.0000% | 8h | 239.37 | −0.125% | $54K | $47K | — | as long as short |
| SunX CRM-USDT | 0.0000% | 8h | 239.78 | +0.046% | $906 | $254K | 10x | as long as short |
| HTX CRM-USDT | 0.0000% | 8h | 239.68 | +0.004% | $10K | $31K | 20x | as long as short |
| Injective CRM/USDC PERP | +0.0033% | 1h | 238.14 | −0.638% | $12K | $10K | 12x | as long as short |
Aster CRMUSDT
Bybit CRMUSDT
OKX CRM-USDT-SWAP
Gate CRM_USDT
Bitget CRMUSDT
Variational Omni CRM
SunX CRM-USDT
HTX CRM-USDT
Injective CRM/USDC PERPShow all 14 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| QFEX CRM-USD | +0.0071% | 1h | 239.73 | +0.025% | $1.1M | $3.9M | 10x | as long as short |
| KuCoin CRMUSDTM | +0.0100% | 8h | 239.29 | −0.159% | $99K | $481K | 20x | as long as short |
| edgeX CRMUSDCshort | +0.0550% | 4h | 239.49 | −0.073% | $97K | $229K | 10x | |
| GRVT CRM_USDT_Perp | +0.0962% | 8h | 239.44 | −0.096% | $721 | $108K | 10x | as long as short |
QFEX CRM-USD
KuCoin CRMUSDTM
GRVT CRM_USDT_Perp