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: SunX against KuCoin+0.004%7-day average −0.100% · you sell dearer than you buy

Net, funding: paid 7d − costs−$712as in the Funding arb table

Net, price: spread back to 7d avg − costs−$689as in the Price arb table

costs, in and out, $10k−$6996.994% of the position

Long on KuCoin Short on SunX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.121%−$12 on $10k

Price spread, last 4 days (all we have)−0.020%−$2 · spread now +0.004%, 7d avg −0.100%

Together, before fees−0.141%−$14 on $10k · with fees, hour by hour

The price spread pays, funding is against you. SunX is 0.104% dearer against KuCoin than usual: you sell high and buy low (spread +0.004% now, against its 7-day average of −0.100%): +$10 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 3.5 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin CRMUSDTM	237.05	0.0100	pay 0.0100% / 8h	3h 15m	$98K	$486K	20x
Short	SunX CRM-USDT	237.06	0	get 0.0000% / 8h	3h 15m	$943	$266K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SunX 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 SunXbpOrdersPrice spread, now +0.004%Rate

Funding earned: −$21
Price spread: +0.004% → −0.100%: $10.41
Slippage, 4 orders: −$679.4
Fee KuCoin: 6 bp × 2 orders: −$12
Fee SunX: 4 bp × 2 orders: −$8
Net: −$709.99
Costs to cover: 6.994%
Break-even: never at this rate

Slippage from KuCoin: live order book, 58 min ago; SunX: live order book, 65 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, 58 min ago	5.07 bp	325.6 bp −$326	doesn't fit	doesn't fit	doesn't fit
Sell SunX live order book, 65 min ago	48.54 bp	76.8 bp −$77	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	237.13	+0.034%	$11K	$2K	20x	as long as short
Binance CRMUSDT	0.0000%	8h	237.06	+0.005%	$1.8M	$1.4M	20x	as long as short
Bybit CRMUSDT	0.0000%	8h	237.08	+0.013%	$262K	$73K	25x	as long as short
OKX CRM-USDT-SWAP	0.0000%	8h	236.64	−0.173%	$456K	$135K	10x	as long as short
Gate CRM_USDT	0.0000%	8h	237.08	+0.013%	$221K	$28K	20x	as long as short
Bitget CRMUSDT	0.0000%	8h	236.85	−0.084%	$443K	$30K	20x	as long as short
Variational Omni CRM	0.0000%	8h	237.02	−0.011%	$50K	$44K	—	as long as short
GRVT CRM_USDT_Perp	0.0000%	8h	236.99	−0.026%	$528	$117K	10x	as long as short
SunX CRM-USDTshort	0.0000%	8h	237.06	+0.004%	$943	$266K	10x
HTX CRM-USDT	0.0000%	8h	237.06	+0.004%	$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	236.98	−0.030%	$1.1M	$4.6M	10x	as long as short
Injective CRM/USDC PERP	+0.0033%	1h	238.14	+0.460%	$12K	$12K	12x	as long as short
KuCoin CRMUSDTMlong	+0.0100%	8h	237.05	long leg	$98K	$486K	20x
edgeX CRMUSDC	+0.0432%	4h	237.00	−0.020%	$96K	$230K	10x	as long as short