Funding arb · Price arb /

CRM

RWAall CRM markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0151%/8h= −16.6% APRpaid last 24h +0.061%

Price spread now: edgeX against Gate−0.044%7-day average +0.042% · you buy dearer than you sell

Net, funding: paid 7d − costs−$92as in the Funding arb table

Net, price: spread back to 7d avg − costs−$95as in the Price arb table

costs, in and out, $10k−$860.864% of the position

Long on Gate Short on edgeX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.054%−$5 on $10k

Price spread, last 4 days (all we have)−0.073%−$7 · spread now −0.044%, 7d avg +0.042%

Together, before fees−0.127%+ Points / potential airdropedgeX: Active · farm board−$13 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$5 a day on $10k at the current rate, and edgeX is 0.087% cheaper against Gate than usual: you would sell low and buy high (−$9 if the spread goes back to its 7-day average of +0.042%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate CRM_USDT	236.92	0	get 0.0000% / 8h	3h 29m	$221K	$28K	20x
Short	edgeX CRMUSDC	236.81	−0.0151	pay 0.0076% / 4h	3h 29m	$96K	$230K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

edgeX against Gate. 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 GatebpFee edgeXbpOrdersPrice spread, now −0.044%Rate

Funding earned: −$31.78
Price spread: −0.044% → +0.042%: −$8.65
Slippage, 4 orders: −$62.35
Fee Gate: 7.5 bp × 2 orders: −$15
Fee edgeX: 4.5 bp × 2 orders: −$9
Net: −$126.79
Costs to cover: 0.864%
Break-even: never at this rate

Slippage from Gate: live order book, 17 min ago; edgeX: live order book, 22 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, 17 min ago	13.10 bp	27.5 bp −$27	doesn't fit	doesn't fit	doesn't fit
Sell edgeX live order book, 22 min ago	8.24 bp	18.2 bp −$18	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 CRMUSDCshort	−0.0151%	4h	236.81	−0.044%	$96K	$230K	10x
Aster CRMUSDT	0.0000%	8h	236.89	−0.013%	$11K	$2K	20x	as long as short
Binance CRMUSDT	0.0000%	8h	236.86	−0.025%	$1.8M	$1.4M	20x	as long as short
Bybit CRMUSDT	0.0000%	8h	236.67	−0.106%	$262K	$72K	25x	as long as short
OKX CRM-USDT-SWAP	0.0000%	8h	236.64	−0.118%	$456K	$135K	10x	as long as short
Gate CRM_USDTlong	0.0000%	8h	236.92	long leg	$221K	$28K	20x
Bitget CRMUSDT	0.0000%	8h	236.71	−0.089%	$443K	$31K	20x	as long as short
Variational Omni CRM	0.0000%	8h	236.81	−0.045%	$50K	$44K	—	as long as short
GRVT CRM_USDT_Perp	0.0000%	8h	236.82	−0.041%	$831	$117K	10x	as long as short
SunX CRM-USDT	0.0000%	8h	236.85	−0.030%	$606	$270K	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	+0.025%	$10K	$28K	20x	as long as short
QFEX CRM-USD	+0.0022%	1h	236.87	−0.021%	$1.1M	$4.8M	10x	as long as short
Injective CRM/USDC PERP	+0.0033%	1h	238.14	+0.515%	$12K	$12K	12x	as long as short
KuCoin CRMUSDTM	+0.0100%	8h	236.58	−0.144%	$97K	$491K	20x	as long as short