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 −0.147%

Price spread now: GRVT against KuCoin0.000%7-day average −0.123% · you buy dearer than you sell

Net, funding: paid 7d − costs−$617as in the Funding arb table

Net, price: spread back to 7d avg − costs−$593as in the Price arb table

costs, in and out, $10k−$6056.051% of the position

Long on KuCoin Short on GRVT

What this pair did over the last

the charts below follow

Funding, last 7 days−0.122%−$12 on $10k

Price spread, last 4 days (all we have)−0.155%−$16 · spread now 0.000%, 7d avg −0.123%

Together, before fees−0.277%+ Points / potential airdropGRVT: Active · farm board−$28 on $10k · with fees, hour by hour

The price spread pays, funding is against you. GRVT is 0.123% dearer against KuCoin than usual: you sell high and buy low (spread 0.000% now, against its 7-day average of −0.123%): +$12 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 4.1 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin CRMUSDTM	236.85	0.0100	pay 0.0100% / 8h	3h 19m	$97K	$488K	20x
Short	GRVT CRM_USDT_Perp	236.85	0	get 0.0000% / 8h	3h 19m	$538	$118K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GRVT 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 GRVTbpOrdersPrice spread, now 0.000%Rate

Funding earned: −$21
Price spread: 0.000% → −0.123%: $12.31
Slippage, 4 orders: −$584.09
Fee KuCoin: 6 bp × 2 orders: −$12
Fee GRVT: 4.5 bp × 2 orders: −$9
Net: −$613.78
Costs to cover: 6.051%
Break-even: never at this rate

Slippage from KuCoin: live order book, 54 min ago; GRVT: live order book, 33 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, 54 min ago	5.07 bp	325.6 bp −$326	doesn't fit	doesn't fit	doesn't fit
Sell GRVT live order book, 33 min ago	1.05 bp	27.0 bp −$27	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	236.91	+0.027%	$11K	$2K	20x	as long as short
Binance CRMUSDT	0.0000%	8h	236.94	+0.039%	$1.8M	$1.4M	20x	as long as short
Bybit CRMUSDT	0.0000%	8h	236.82	−0.013%	$262K	$72K	25x	as long as short
OKX CRM-USDT-SWAP	0.0000%	8h	236.64	−0.089%	$456K	$135K	10x	as long as short
Gate CRM_USDT	0.0000%	8h	236.96	+0.046%	$221K	$28K	20x	as long as short
Bitget CRMUSDT	0.0000%	8h	236.84	−0.004%	$443K	$30K	20x	as long as short
Variational Omni CRM	0.0000%	8h	236.90	+0.023%	$50K	$44K	—	as long as short
GRVT CRM_USDT_Perpshort	0.0000%	8h	236.85	0.000%	$538	$118K	10x
SunX CRM-USDT	0.0000%	8h	236.94	+0.038%	$1K	$266K	10x	as long as short
HTX CRM-USDT	0.0000%	8h	237.05	+0.084%	$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	236.90	+0.021%	$1.1M	$4.6M	10x	as long as short
Injective CRM/USDC PERP	+0.0033%	1h	238.14	+0.545%	$12K	$12K	12x	as long as short
KuCoin CRMUSDTMlong	+0.0100%	8h	236.85	long leg	$97K	$488K	20x
edgeX CRMUSDC	+0.0217%	4h	236.90	+0.023%	$96K	$229K	10x	as long as short