CRM

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0100%/8h= +10.9% APRnext payment +$1.00 per $10,000 · paid last 24h +0.148%

Price spread now: KuCoin against Gate−0.089%7-day average +0.163% · you buy dearer than you sell

Net, funding: paid 7d − costs−$1,640as in the Funding arb table

Net, price: spread back to 7d avg − costs−$1,667as in the Price arb table

costs, in and out, $10k−$1,64116.414% of the position

Long on Gate Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.017%+$2 on $10k

Price spread, last 4 days (all we have)+0.093%+$9 · spread now −0.089%, 7d avg +0.163%

Together, before fees+0.110%+$11 on $10k · with fees, hour by hour

Funding pays, the price is against you. KuCoin is 0.251% cheaper against Gate than usual: you would sell low and buy high (spread −0.089% now, against its 7-day average of +0.163%). If the spread goes back, that is −$25 on $10k: about 8.4 days of funding at the current rate (+$3 a day). At the pace of the last 7 days (+0.017% in total) that is about 3 months.

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 05m	$221K	$29K	20x
Short	KuCoin CRMUSDTM	236.63	0.0100	get 0.0100% / 8h	5h 05m	$99K	$539K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin 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 KuCoinbpOrdersPrice spread, now −0.089%Rate

Funding earned: $21
Price spread: −0.089% → +0.163%: −$25.13
Slippage, 4 orders: −$1,614.37
Fee Gate: 7.5 bp × 2 orders: −$15
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$1,645.51
Costs to cover: 16.414%
Break-even: 555.5 days

Slippage from Gate: live order book, 51 min ago; KuCoin: live order book, 18 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, 51 min ago	12.45 bp	199.0 bp −$199	doesn't fit	doesn't fit	doesn't fit
Sell KuCoin live order book, 18 min ago	4.01 bp	1058.1 bp −$1,058	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	236.79	−0.019%	$11K	$2K	20x	as long as short
Binance CRMUSDT	0.0000%	8h	236.81	−0.012%	$1.8M	$1.4M	20x	as long as short
Bybit CRMUSDT	0.0000%	8h	236.60	−0.101%	$263K	$71K	25x	as long as short
OKX CRM-USDT-SWAP	0.0000%	8h	236.64	−0.084%	$456K	$137K	10x	as long as short
Gate CRM_USDTlong	0.0000%	8h	236.84	long leg	$221K	$29K	20x
Bitget CRMUSDT	0.0000%	8h	236.69	−0.063%	$443K	$32K	20x	as long as short
Variational Omni CRM	0.0000%	8h	236.75	−0.036%	$49K	$44K	—	as long as short
GRVT CRM_USDT_Perp	0.0000%	8h	236.85	+0.005%	$585	$118K	10x	as long as short
SunX CRM-USDT	0.0000%	8h	236.82	−0.008%	$613	$269K	10x	as long as short
HTX CRM-USDT	0.0000%	8h	236.89	+0.021%	$10K	$27K	20x	as long as short

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
QFEX CRM-USD	+0.0007%	1h	236.71	−0.055%	$1.2M	$7.5M	10x	as long as short
Injective CRM/USDC PERP	+0.0033%	1h	238.14	+0.549%	$12K	$12K	12x	as long as short
KuCoin CRMUSDTMshort	+0.0100%	8h	236.63	−0.089%	$99K	$539K	20x
edgeX CRMUSDC	+0.0632%	4h	236.76	−0.035%	$96K	$230K	10x	as long as short