Funding you earn now, next payment 02:00 UTC+0.0007%/8h= +0.7% APRpaid last 24h +0.012%
Price spread now: QFEX against Binance−0.051%7-day average +0.021% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$67as in the Price arb table
costs, in and out, $10k−$600.599% of the position
Funding, last 4 days (all we have)+0.016%+$2 on $10k
+Price spread, last 2 days (all we have)+0.032%+$3 · spread now −0.051%, 7d avg +0.021%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: QFEX is 0.071% cheaper against Binance than usual: you would sell low and buy high, −$7 on $10k if it goes back to its 7-day average of +0.021%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance CRMUSDT | 237.15 | 0 | get 0.0000% / 8h | 5h 57m | $1.8M | $1.4M | 20x |
| Short | QFEX CRM-USD | 237.03 | 0.0007 | get 0.0001% / 1h | 57m 09s | $1.4M | $9.3M | 10x |
Binance CRMUSDT
QFEX CRM-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
QFEX 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
- $1.41
- Price spread: −0.051% → +0.021%
- −$7.12
- Slippage, 4 orders
- −$39.93
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee QFEX: 5 bp × 2 orders
- −$10
- Net
- −$65.63
- Costs to cover
- 0.599%
- Break-even
- 332.6 days
Slippage from Binance: live order book, 6 min ago; QFEX: live order book, 7 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, 6 min ago | 5.05 bp | 18.2 bp −$18 | 60.1 bp −$601 | doesn't fit | doesn't fit |
| Sell QFEX live order book, 7 min ago | 1.26 bp | 12.3 bp −$12 | 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 | 237.15 | 0.000% | $11K | $2K | 20x | as long as short |
| Binance CRMUSDTlong | 0.0000% | 8h | 237.15 | long leg | $1.8M | $1.4M | 20x | |
| Bybit CRMUSDT | 0.0000% | 8h | 237.00 | −0.063% | $263K | $71K | 25x | as long as short |
| OKX CRM-USDT-SWAP | 0.0000% | 8h | 236.93 | −0.093% | $457K | $137K | 10x | as long as short |
| Gate CRM_USDT | 0.0000% | 8h | 237.22 | +0.030% | $221K | $28K | 20x | as long as short |
| Bitget CRMUSDT | 0.0000% | 8h | 236.80 | −0.148% | $444K | $32K | 20x | as long as short |
| Variational Omni CRM | 0.0000% | 8h | 237.24 | +0.039% | $49K | $44K | — | as long as short |
| SunX CRM-USDT | 0.0000% | 8h | 237.21 | +0.025% | $1K | $265K | 10x | as long as short |
| HTX CRM-USDT | 0.0000% | 8h | 237.33 | +0.076% | $10K | $26K | 20x | as long as short |
| QFEX CRM-USDshort | +0.0007% | 1h | 237.03 | −0.051% | $1.4M | $9.3M | 10x |
Aster CRMUSDT
Bybit CRMUSDT
OKX CRM-USDT-SWAP
Gate CRM_USDT
Bitget CRMUSDT
Variational Omni CRM
SunX CRM-USDT
HTX CRM-USDTShow all 14 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Injective CRM/USDC PERP | +0.0033% | 1h | 238.14 | +0.417% | $12K | $12K | 12x | as long as short |
| GRVT CRM_USDT_Perp | +0.0041% | 8h | 237.11 | −0.018% | $882 | $116K | 10x | as long as short |
| KuCoin CRMUSDTM | +0.0100% | 8h | 237.09 | −0.025% | $103K | $573K | 20x | as long as short |
| edgeX CRMUSDC | +0.0811% | 4h | 237.26 | +0.045% | $96K | $231K | 10x | as long as short |
Injective CRM/USDC PERP
GRVT CRM_USDT_Perp
KuCoin CRMUSDTM
edgeX CRMUSDC