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: OKX against KuCoin+0.004%7-day average −0.180% · you sell dearer than you buy

Net, funding: paid 7d − costs−$1,484as in the Funding arb table

Net, price: spread back to 7d avg − costs−$1,453as in the Price arb table

costs, in and out, $10k−$1,47214.717% of the position

Long on KuCoin Short on OKX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.120%−$12 on $10k

Price spread, last 4 days (all we have)−0.285%−$29 · spread now +0.004%, 7d avg −0.180%

Together, before fees−0.405%−$41 on $10k · with fees, hour by hour

The price spread pays, funding is against you. OKX is 0.184% dearer against KuCoin than usual: you sell high and buy low (spread +0.004% now, against its 7-day average of −0.180%): +$18 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 6.1 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin CRMUSDTM	236.63	0.0100	pay 0.0100% / 8h	5h 02m	$98K	$538K	20x
Short	OKX CRM-USDT-SWAP	236.64	0	get 0.0000% / 8h	5h 02m	$456K	$137K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX 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 OKXbpOrdersPrice spread, now +0.004%Rate

Funding earned: −$21
Price spread: +0.004% → −0.180%: $18.39
Slippage, 4 orders: −$1,449.7
Fee KuCoin: 6 bp × 2 orders: −$12
Fee OKX: 5 bp × 2 orders: −$10
Net: −$1,474.31
Costs to cover: 14.717%
Break-even: never at this rate

Slippage from KuCoin: live order book, 21 min ago; OKX: live order book, 58 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, 21 min ago	4.01 bp	354.2 bp −$354	doesn't fit	doesn't fit	doesn't fit
Sell OKX live order book, 58 min ago	9.08 bp	28.5 bp −$28	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 CRMUSDC	−0.0582%	4h	236.75	+0.053%	$96K	$230K	10x	as long as short
Aster CRMUSDT	0.0000%	8h	236.82	+0.082%	$11K	$2K	20x	as long as short
Binance CRMUSDT	0.0000%	8h	236.74	+0.046%	$1.8M	$1.4M	20x	as long as short
Bybit CRMUSDT	0.0000%	8h	236.70	+0.030%	$263K	$71K	25x	as long as short
OKX CRM-USDT-SWAPshort	0.0000%	8h	236.64	+0.004%	$456K	$137K	10x
Gate CRM_USDT	0.0000%	8h	236.84	+0.089%	$221K	$29K	20x	as long as short
Bitget CRMUSDT	0.0000%	8h	236.68	+0.021%	$443K	$32K	20x	as long as short
Variational Omni CRM	0.0000%	8h	236.75	+0.052%	$49K	$44K	—	as long as short
GRVT CRM_USDT_Perp	0.0000%	8h	236.67	+0.018%	$585	$118K	10x	as long as short
SunX CRM-USDT	0.0000%	8h	236.80	+0.072%	$613	$269K	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	236.89	+0.110%	$10K	$27K	20x	as long as short
QFEX CRM-USD	+0.0007%	1h	236.73	+0.042%	$1.2M	$7.4M	10x	as long as short
Injective CRM/USDC PERP	+0.0033%	1h	238.14	+0.638%	$12K	$12K	12x	as long as short
KuCoin CRMUSDTMlong	+0.0100%	8h	236.63	long leg	$98K	$538K	20x