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

CRM

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Alert: funding
Alert: spread
Funding you earn now, next payment 12:00 UTC+0.0299%/8h= +32.7% APRpaid last 24h −0.119%
Price spread now: Bitget against edgeX−0.131%7-day average −0.095% · you buy dearer than you sell
Net, funding: paid 7d − costs−$94as in the Funding arb table
Net, price: spread back to 7d avg − costs−$88as in the Price arb table
costs, in and out, $10k−$840.842% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.099%−$10 on $10k
Price spread, last 4 days (all we have)+0.307%+$31 · spread now −0.131%, 7d avg −0.095%
Together, before fees+0.208%+ Points / potential airdropedgeX: Active · farm board+$21 on $10k · with fees, hour by hour
Funding pays, the price is against you. Bitget is 0.036% cheaper against edgeX than usual: you would sell low and buy high (spread −0.131% now, against its 7-day average of −0.095%). If the spread goes back, that is −$4 on $10k: about 10 hours of funding at the current rate (+$9 a day). Mind the row above: over the last 7 days funding on this pair cost −0.099%, so the current rate has only just turned in your favour.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.099% in total (about -5.2% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made; yellow are the hours one leg has not settled yet: what the other leg paid, plus the unsettled leg at its current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongedgeX CRMUSDC239.90−0.0299get 0.0149% / 4h2h 20m$97K$229K10x
ShortBitget CRMUSDT239.590get 0.0000% / 8h6h 20m$448K$29K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against edgeX. 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
$62.76
Price spread: −0.131% → −0.095%
−$3.57
Slippage, 4 orders
−$63.18
Fee edgeX: 4.5 bp × 2 orders
−$9
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$24.99
Costs to cover
0.842%
Break-even
9.8 days
Slippage from edgeX: live order book, 29 min ago; Bitget: live order book, 26 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 edgeX live order book, 29 min ago6.46 bp15.7 bp −$16doesn't fitdoesn't fitdoesn't fit
Sell Bitget live order book, 26 min ago11.27 bp17.7 bp −$1837.0 bp −$370doesn't fitdoesn't fit

CRM on 14 exchanges

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
edgeX CRMUSDClong−0.0299%4h239.90long leg$97K$229K10x
Aster CRMUSDT0.0000%8h240.00+0.042%$11K$2K20xas long as short
Binance CRMUSDT0.0000%8h239.94+0.015%$1.8M$1.4M20xas long as short
Bybit CRMUSDT0.0000%8h239.81−0.039%$264K$64K25xas long as short
OKX CRM-USDT-SWAP0.0000%8h239.58−0.135%$474K$157K10xas long as short
Gate CRM_USDT0.0000%8h239.93+0.011%$216K$30K20xas long as short
Bitget CRMUSDTshort0.0000%8h239.59−0.131%$448K$29K20x
Variational Omni CRM0.0000%8h239.94+0.013%$52K$47Kas long as short
GRVT CRM_USDT_Perp0.0000%8h239.95+0.018%$353$108K10xas long as short
SunX CRM-USDT0.0000%8h239.95+0.019%$717$257K10xas long as short
Show all 14 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX CRM-USDT0.0000%8h240.12+0.090%$10K$31K20xas long as short
QFEX CRM-USD+0.0029%1h239.88−0.010%$1.1M$3.8M10xas long as short
Injective CRM/USDC PERP+0.0033%1h238.14−0.736%$12K$10K12xas long as short
KuCoin CRMUSDTM+0.0100%8h239.71−0.081%$97K$557K20xas long as short