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

CRM

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Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0865%/8h= +94.7% APRpaid last 24h −0.091%
Price spread now: edgeX against GRVT−0.066%119s7-day average +0.004% · you buy dearer than you sell
Net, funding: paid 7d − costs−$99as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$800.796% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.199%−$20 on $10k
Price spread, last 4 days (all we have)−0.001%$0 · spread now −0.066%, 7d avg +0.004%
Together, before fees−0.199%+ Points / potential airdropGRVT: Active · edgeX: Active · farm board−$20 on $10k · with fees, hour by hour
Funding pays, the price is against you. edgeX is 0.070% cheaper against GRVT than usual: you would sell low and buy high (spread −0.066% now, against its 7-day average of +0.004%). If the spread goes back, that is −$7 on $10k: about 7 hours of funding at the current rate (+$26 a day). Mind the row above: over the last 7 days funding on this pair cost −0.199%, so the current rate has only just turned in your favour. The two prices were read 119 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.199% in total (about -10.4% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGRVT CRM_USDT_Perp237.070get 0.0000% / 8h6h 45m$313$115K10x
ShortedgeX CRMUSDC236.910.0865get 0.0432% / 4h2h 45m$96K$231K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

edgeX against GRVT. 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
$181.65
Price spread: −0.066% → +0.004%
−$7.03
Slippage, 4 orders
−$61.55
Fee GRVT: 4.5 bp × 2 orders
−$9
Fee edgeX: 4.5 bp × 2 orders
−$9
Net
$95.06
Costs to cover
0.796%
Break-even
3.3 days
Slippage from GRVT: live order book, 21 min ago; edgeX: live order book, 21 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 GRVT live order book, 21 min ago5.06 bp20.4 bp −$20doesn't fitdoesn't fitdoesn't fit
Sell edgeX live order book, 21 min ago9.07 bp20.1 bp −$20doesn'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%8h237.02−0.019%$11K$2K20xas long as short
Binance CRMUSDT0.0000%8h237.01−0.023%$1.8M$1.4M20xas long as short
Bybit CRMUSDT0.0000%8h236.95−0.050%$262K$71K25xas long as short
OKX CRM-USDT-SWAP0.0000%8h236.84−0.096%$457K$133K10xas long as short
Gate CRM_USDT0.0000%8h237.04−0.012%$221K$22K20xas long as short
Bitget CRMUSDT0.0000%8h236.82−0.104%$444K$34K20xas long as short
Variational Omni CRM0.0000%8h236.91−0.067%$46K$41Kas long as short
GRVT CRM_USDT_Perplong0.0000%8h237.07long leg$313$115K10x
SunX CRM-USDT0.0000%8h236.95−0.050%$607$282K10xas long as short
HTX CRM-USDT0.0000%8h237.04−0.012%$10K$26K20xas long as short
Show all 14 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
QFEX CRM-USD+0.0025%1h237.07+0.001%$1.5M$11.9M10xas long as short
Injective CRM/USDC PERP+0.0033%1h238.14+0.452%$12K$12K12xas long as short
KuCoin CRMUSDTM+0.0100%8h236.84−0.096%$103K$600K20xas long as short
edgeX CRMUSDCshort+0.0865%4h236.91−0.066%$96K$231K10x