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: Bybit against Gate−0.030%7-day average +0.015% · you buy dearer than you sell
Net, funding: paid 7d − costs−$347as in the Funding arb table
Net, price: spread back to 7d avg − costs−$341as in the Price arb table
costs, in and out, $10k−$3373.368% of the position
Funding, last 7 days−0.104%−$10 on $10k
+Price spread, last 4 days (all we have)−0.260%−$26 · spread now −0.030%, 7d avg +0.015%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.045% cheaper against Gate than usual: you would sell low and buy high, −$4 on $10k if it goes back to its 7-day average of +0.015%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate CRM_USDT | 236.84 | 0 | get 0.0000% / 8h | 5h 13m | $221K | $29K | 20x |
| Short | Bybit CRMUSDT | 236.77 | 0 | get 0.0000% / 8h | 5h 13m | $263K | $71K | 25x |
Gate CRM_USDT
Bybit CRMUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against Gate. 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
- $0
- Price spread: −0.030% → +0.015%
- −$4.48
- Slippage, 4 orders
- −$310.85
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$341.33
- Costs to cover
- 3.368%
- Break-even
- never at this rate
Slippage from Gate: live order book, 43 min ago; Bybit: live order book, 32 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 Gate live order book, 43 min ago | 12.45 bp | 199.0 bp −$199 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bybit live order book, 32 min ago | 5.50 bp | 45.2 bp −$45 | 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 | −0.0657% | 4h | 236.74 | −0.041% | $96K | $231K | 10x | as long as short |
| Aster CRMUSDT | 0.0000% | 8h | 236.81 | −0.013% | $11K | $2K | 20x | as long as short |
| Binance CRMUSDT | 0.0000% | 8h | 236.79 | −0.020% | $1.8M | $1.4M | 20x | as long as short |
| Bybit CRMUSDTshort | 0.0000% | 8h | 236.77 | −0.030% | $263K | $71K | 25x | |
| OKX CRM-USDT-SWAP | 0.0000% | 8h | 236.65 | −0.080% | $457K | $137K | 10x | as long as short |
| Gate CRM_USDTlong | 0.0000% | 8h | 236.84 | long leg | $221K | $29K | 20x | |
| Bitget CRMUSDT | 0.0000% | 8h | 236.73 | −0.046% | $443K | $32K | 20x | as long as short |
| Variational Omni CRM | 0.0000% | 8h | 236.74 | −0.041% | $49K | $44K | — | as long as short |
| GRVT CRM_USDT_Perp | 0.0000% | 8h | 236.71 | −0.054% | $660 | $117K | 10x | as long as short |
| SunX CRM-USDT | 0.0000% | 8h | 236.79 | −0.021% | $684 | $269K | 10x | as long as short |
edgeX CRMUSDC
Aster CRMUSDT
Binance CRMUSDT
OKX CRM-USDT-SWAP
Bitget CRMUSDT
Variational Omni CRM
GRVT CRM_USDT_Perp
SunX CRM-USDTShow all 14 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX CRM-USDT | 0.0000% | 8h | 236.88 | +0.017% | $10K | $26K | 20x | as long as short |
| QFEX CRM-USD | +0.0007% | 1h | 236.78 | −0.025% | $1.2M | $7.9M | 10x | as long as short |
| Injective CRM/USDC PERP | +0.0033% | 1h | 238.14 | +0.549% | $12K | $12K | 12x | as long as short |
| KuCoin CRMUSDTM | +0.0100% | 8h | 236.56 | −0.118% | $100K | $541K | 20x | as long as short |
HTX CRM-USDT
QFEX CRM-USD
Injective CRM/USDC PERP
KuCoin CRMUSDTM