Funding you earn now, next payment 04:00 UTC−0.0913%/8h= −100.0% APRpaid last 24h −0.070%
Price spread now: edgeX against KuCoin+0.082%7-day average −0.130% · you sell dearer than you buy
Net, funding: paid 7d − costs−$1,460as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,429as in the Price arb table
costs, in and out, $10k−$1,45014.501% of the position
Funding, last 7 days−0.101%−$10 on $10k
+Price spread, last 4 days (all we have)−0.312%−$31 · spread now +0.082%, 7d avg −0.130%
=Together, before fees−0.413%+ Points / potential airdropedgeX: Active · farm board−$41 on $10k · with fees, hour by hour
The price spread pays, funding is against you. edgeX is 0.212% dearer against KuCoin than usual: you sell high and buy low (spread +0.082% now, against its 7-day average of −0.130%): +$21 on $10k if it goes back. Holding the pair costs −$27 a day in funding at the current rate, which eats that in about 19 hours. At the pace of the last 7 days (−0.101% in total) that is about 15 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.101% in total (about -5.3% 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.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin CRMUSDTM | 236.68 | 0.0100 | pay 0.0100% / 8h | 4h 12m | $98K | $514K | 20x |
| Short | edgeX CRMUSDC | 236.87 | −0.0813 | pay 0.0406% / 4h | 12m 56s | $96K | $231K | 10x |
KuCoin CRMUSDTM
edgeX CRMUSDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX against KuCoin. 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
- −$191.69
- Price spread: +0.082% → −0.130%
- $21.19
- Slippage, 4 orders
- −$1,429.09
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- −$1,620.6
- Costs to cover
- 14.501%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 70 min ago; edgeX: live order book, 44 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, 70 min ago | 4.01 bp | 354.2 bp −$354 | doesn't fit | doesn't fit | doesn't fit |
| Sell edgeX live order book, 44 min ago | 9.08 bp | 19.3 bp −$19 | 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 | −0.0813% | 4h | 236.87 | +0.082% | $96K | $231K | 10x | |
| Aster CRMUSDT | 0.0000% | 8h | 236.76 | +0.034% | $11K | $2K | 20x | as long as short |
| Binance CRMUSDT | 0.0000% | 8h | 236.78 | +0.042% | $1.8M | $1.4M | 20x | as long as short |
| Bybit CRMUSDT | 0.0000% | 8h | 236.67 | −0.004% | $262K | $72K | 25x | as long as short |
| OKX CRM-USDT-SWAP | 0.0000% | 8h | 236.64 | −0.017% | $456K | $138K | 10x | as long as short |
| Gate CRM_USDT | 0.0000% | 8h | 236.93 | +0.106% | $221K | $29K | 20x | as long as short |
| Bitget CRMUSDT | 0.0000% | 8h | 236.69 | +0.004% | $443K | $31K | 20x | as long as short |
| Variational Omni CRM | 0.0000% | 8h | 236.87 | +0.082% | $49K | $44K | — | as long as short |
| GRVT CRM_USDT_Perp | 0.0000% | 8h | 236.88 | +0.084% | $663 | $117K | 10x | as long as short |
| SunX CRM-USDT | 0.0000% | 8h | 236.90 | +0.093% | $725 | $270K | 10x | as long as short |
Aster CRMUSDT
Binance CRMUSDT
Bybit CRMUSDT
OKX CRM-USDT-SWAP
Gate CRM_USDT
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 | 236.99 | +0.131% | $10K | $27K | 20x | as long as short |
| QFEX CRM-USD | +0.0003% | 1h | 236.83 | +0.063% | $1.1M | $5.7M | 10x | as long as short |
| Injective CRM/USDC PERP | +0.0033% | 1h | 238.14 | +0.617% | $12K | $12K | 12x | as long as short |
| KuCoin CRMUSDTMlong | +0.0100% | 8h | 236.68 | long leg | $98K | $514K | 20x |
HTX CRM-USDT
QFEX CRM-USD
Injective CRM/USDC PERP