Settings8H · net · $10k
Funding arb · Price arb /

CRM

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Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: OKX against Bybit+0.004%7-day average −0.032% · you sell dearer than you buy
Net, funding: paid 7d − costs−$167as in the Funding arb table
Net, price: spread back to 7d avg − costs−$164as in the Price arb table
costs, in and out, $10k−$1671.672% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.001%$0 on $10k
Price spread, last 4 days (all we have)+0.008%+$1 · spread now +0.004%, 7d avg −0.032%
Together, before fees+0.010%+$1 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: OKX is 0.036% dearer against Bybit than usual: you sell high and buy low, +$4 on $10k if it goes back to its 7-day average of −0.032%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit CRMUSDT236.630get 0.0000% / 8h5h 04m$263K$71K25x
ShortOKX CRM-USDT-SWAP236.640get 0.0000% / 8h5h 04m$456K$137K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX against Bybit. 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

Funding earned
$0
Price spread: +0.004% → −0.032%
$3.61
Slippage, 4 orders
−$146.17
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee OKX: 5 bp × 2 orders
−$10
Net
−$163.57
Costs to cover
1.672%
Break-even
never at this rate
Slippage from Bybit: live order book, 41 min ago; OKX: live order book, 56 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Bybit live order book, 41 min ago5.50 bp62.6 bp −$63doesn't fitdoesn't fitdoesn't fit
Sell OKX live order book, 56 min ago9.08 bp28.5 bp −$28doesn't fitdoesn't fitdoesn't fit

CRM on 14 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster CRMUSDT0.0000%8h236.80+0.072%$11K$2K20xas long as short
Binance CRMUSDT0.0000%8h236.79+0.068%$1.8M$1.4M20xas long as short
Bybit CRMUSDTlong0.0000%8h236.63long leg$263K$71K25x
OKX CRM-USDT-SWAPshort0.0000%8h236.64+0.004%$456K$137K10x
Gate CRM_USDT0.0000%8h236.84+0.089%$221K$29K20xas long as short
Bitget CRMUSDT0.0000%8h236.65+0.008%$443K$32K20xas long as short
Variational Omni CRM0.0000%8h236.75+0.052%$49K$44Kas long as short
GRVT CRM_USDT_Perp0.0000%8h236.85+0.094%$585$118K10xas long as short
SunX CRM-USDT0.0000%8h236.82+0.080%$613$269K10xas long as short
HTX CRM-USDT0.0000%8h236.89+0.110%$10K$27K20xas long as short
Show all 14 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
QFEX CRM-USD+0.0007%1h236.71+0.034%$1.2M$7.5M10xas long as short
Injective CRM/USDC PERP+0.0033%1h238.14+0.638%$12K$12K12xas long as short
KuCoin CRMUSDTM+0.0100%8h236.61−0.008%$99K$538K20xas long as short
edgeX CRMUSDC+0.0632%4h236.76+0.054%$96K$230K10xas long as short