CRM

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0100%/8h= +10.9% APRnext payment +$1.00 per $10,000 · paid last 24h +0.148%

Price spread now: KuCoin against Binance−0.098%7-day average +0.074% · you buy dearer than you sell

Net, funding: paid 7d − costs−$561as in the Funding arb table

Net, price: spread back to 7d avg − costs−$608as in the Price arb table

costs, in and out, $10k−$5915.907% of the position

Long on Binance Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.296%+$30 on $10k

Price spread, last 4 days (all we have)−0.037%−$4 · spread now −0.098%, 7d avg +0.074%

Together, before fees+0.259%+$26 on $10k · with fees, hour by hour

Funding pays, the price is against you. KuCoin is 0.172% cheaper against Binance than usual: you would sell low and buy high (spread −0.098% now, against its 7-day average of +0.074%). If the spread goes back, that is −$17 on $10k: about 5.7 days of funding at the current rate (+$3 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance CRMUSDT	236.85	0	get 0.0000% / 8h	3h 45m	$1.8M	$1.4M	20x
Short	KuCoin CRMUSDTM	236.62	0.0100	get 0.0100% / 8h	3h 45m	$97K	$500K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin against Binance. 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

Position, each leg$Hold fordaysFee BinancebpFee KuCoinbpOrdersPrice spread, now −0.098%Rate

Funding earned: $21
Price spread: −0.098% → +0.074%: −$17.24
Slippage, 4 orders: −$568.68
Fee Binance: 5 bp × 2 orders: −$10
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$586.92
Costs to cover: 5.907%
Break-even: 202.6 days

Slippage from Binance: live order book, 3 min ago; KuCoin: live order book, 28 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, 3 min ago	2.53 bp	20.8 bp −$21	57.0 bp −$570	doesn't fit	doesn't fit
Sell KuCoin live order book, 28 min ago	5.07 bp	230.1 bp −$230	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
edgeX CRMUSDC	−0.0780%	4h	236.81	−0.016%	$96K	$230K	10x	as long as short
Aster CRMUSDT	0.0000%	8h	236.86	+0.004%	$11K	$2K	20x	as long as short
Binance CRMUSDTlong	0.0000%	8h	236.85	long leg	$1.8M	$1.4M	20x
Bybit CRMUSDT	0.0000%	8h	236.89	+0.016%	$263K	$72K	25x	as long as short
OKX CRM-USDT-SWAP	0.0000%	8h	236.64	−0.090%	$456K	$136K	10x	as long as short
Gate CRM_USDT	0.0000%	8h	236.87	+0.007%	$221K	$28K	20x	as long as short
Bitget CRMUSDT	0.0000%	8h	236.62	−0.098%	$443K	$31K	20x	as long as short
Variational Omni CRM	0.0000%	8h	236.81	−0.017%	$50K	$44K	—	as long as short
GRVT CRM_USDT_Perp	0.0000%	8h	236.88	+0.012%	$599	$116K	10x	as long as short
SunX CRM-USDT	0.0000%	8h	236.84	−0.005%	$848	$269K	10x	as long as short

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
HTX CRM-USDT	0.0000%	8h	236.98	+0.054%	$10K	$28K	20x	as long as short
QFEX CRM-USD	+0.0022%	1h	236.83	−0.010%	$1.1M	$5.1M	10x	as long as short
Injective CRM/USDC PERP	+0.0033%	1h	238.14	+0.544%	$12K	$12K	12x	as long as short
KuCoin CRMUSDTMshort	+0.0100%	8h	236.62	−0.098%	$97K	$500K	20x