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: Binance against KuCoin+0.167%7-day average −0.071% · you sell dearer than you buy

Net, funding: paid 7d − costs−$576as in the Funding arb table

Net, price: spread back to 7d avg − costs−$523as in the Price arb table

costs, in and out, $10k−$5475.467% of the position

Long on KuCoin Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days−0.296%−$30 on $10k

Price spread, last 4 days (all we have)−0.182%−$18 · spread now +0.167%, 7d avg −0.071%

Together, before fees−0.478%−$48 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Binance is 0.238% dearer against KuCoin than usual: you sell high and buy low (spread +0.167% now, against its 7-day average of −0.071%): +$24 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 7.9 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin CRMUSDTM	238.13	0.0100	pay 0.0100% / 8h	50m 39s	$98K	$417K	20x
Short	Binance CRMUSDT	238.53	0	get 0.0000% / 8h	50m 39s	$1.8M	$1.4M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against KuCoin. 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 KuCoinbpFee BinancebpOrdersPrice spread, now +0.167%Rate

Funding earned: −$21
Price spread: +0.167% → −0.071%: $23.76
Slippage, 4 orders: −$524.68
Fee KuCoin: 6 bp × 2 orders: −$12
Fee Binance: 5 bp × 2 orders: −$10
Net: −$543.92
Costs to cover: 5.467%
Break-even: never at this rate

Slippage from KuCoin: live order book, 53 min ago; Binance: live order book, 13 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 KuCoin live order book, 53 min ago	8.81 bp	273.9 bp −$274	doesn't fit	doesn't fit	doesn't fit
Sell Binance live order book, 13 min ago	5.24 bp	18.3 bp −$18	57.8 bp −$578	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	−0.0938%	4h	238.49	+0.152%	$96K	$229K	10x	as long as short
Aster CRMUSDT	0.0000%	8h	238.31	+0.075%	$11K	$2K	20x	as long as short
Binance CRMUSDTshort	0.0000%	8h	238.53	+0.167%	$1.8M	$1.4M	20x
Bybit CRMUSDT	0.0000%	8h	238.15	+0.008%	$263K	$74K	25x	as long as short
OKX CRM-USDT-SWAP	0.0000%	8h	238.25	+0.050%	$459K	$135K	10x	as long as short
Gate CRM_USDT	0.0000%	8h	238.56	+0.181%	$216K	$29K	20x	as long as short
Bitget CRMUSDT	0.0000%	8h	238.12	−0.004%	$445K	$31K	20x	as long as short
Variational Omni CRM	0.0000%	8h	238.44	+0.131%	$52K	$46K	—	as long as short
GRVT CRM_USDT_Perp	0.0000%	8h	238.45	+0.134%	$1K	$117K	10x	as long as short
SunX CRM-USDT	0.0000%	8h	238.54	+0.172%	$763	$261K	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	238.59	+0.193%	$10K	$31K	20x	as long as short
Injective CRM/USDC PERP	+0.0033%	1h	238.14	+0.004%	$12K	$10K	12x	as long as short
QFEX CRM-USD	+0.0041%	1h	238.39	+0.109%	$1.1M	$3.9M	10x	as long as short
KuCoin CRMUSDTMlong	+0.0100%	8h	238.13	long leg	$98K	$417K	20x