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: Gate against KuCoin+0.110%7-day average −0.156% · you sell dearer than you buy

Net, funding: paid 7d − costs−$608as in the Funding arb table

Net, price: spread back to 7d avg − costs−$579as in the Price arb table

costs, in and out, $10k−$6066.059% of the position

Long on KuCoin Short on Gate

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)−0.074%−$7 · spread now +0.110%, 7d avg −0.156%

Together, before fees−0.091%−$9 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Gate is 0.266% dearer against KuCoin than usual: you sell high and buy low (spread +0.110% now, against its 7-day average of −0.156%): +$27 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 8.9 days. At the pace of the last 7 days (−0.017% in total) that is about 4 months.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin CRMUSDTM	236.61	0.0100	pay 0.0100% / 8h	3h 47m	$97K	$500K	20x
Short	Gate CRM_USDT	236.87	0	get 0.0000% / 8h	3h 47m	$221K	$28K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate 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 GatebpOrdersPrice spread, now +0.110%Rate

Funding earned: −$21
Price spread: +0.110% → −0.156%: $26.63
Slippage, 4 orders: −$578.88
Fee KuCoin: 6 bp × 2 orders: −$12
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$600.25
Costs to cover: 6.059%
Break-even: never at this rate

Slippage from KuCoin: live order book, 26 min ago; Gate: live order book, 64 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, 26 min ago	5.07 bp	325.6 bp −$326	doesn't fit	doesn't fit	doesn't fit
Sell Gate live order book, 64 min ago	15.01 bp	25.2 bp −$25	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	236.84	+0.097%	$11K	$2K	20x	as long as short
Binance CRMUSDT	0.0000%	8h	236.86	+0.104%	$1.8M	$1.4M	20x	as long as short
Bybit CRMUSDT	0.0000%	8h	236.88	+0.114%	$262K	$72K	25x	as long as short
OKX CRM-USDT-SWAP	0.0000%	8h	236.64	+0.013%	$456K	$136K	10x	as long as short
Gate CRM_USDTshort	0.0000%	8h	236.87	+0.110%	$221K	$28K	20x
Bitget CRMUSDT	0.0000%	8h	236.66	+0.021%	$443K	$31K	20x	as long as short
Variational Omni CRM	0.0000%	8h	236.75	+0.061%	$50K	$44K	—	as long as short
GRVT CRM_USDT_Perp	0.0000%	8h	236.88	+0.115%	$599	$116K	10x	as long as short
SunX CRM-USDT	0.0000%	8h	236.84	+0.097%	$848	$269K	10x	as long as short
HTX CRM-USDT	0.0000%	8h	236.98	+0.156%	$10K	$28K	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	+0.0022%	1h	236.84	+0.097%	$1.1M	$5.2M	10x	as long as short
Injective CRM/USDC PERP	+0.0033%	1h	238.14	+0.647%	$12K	$12K	12x	as long as short
KuCoin CRMUSDTMlong	+0.0100%	8h	236.61	long leg	$97K	$500K	20x
edgeX CRMUSDC	+0.0185%	4h	236.80	+0.079%	$96K	$230K	10x	as long as short