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: KuCoin against OKX−0.013%7-day average +0.180% · you buy dearer than you sell

Net, funding: paid 7d − costs−$1,313as in the Funding arb table

Net, price: spread back to 7d avg − costs−$1,345as in the Price arb table

costs, in and out, $10k−$1,32513.252% of the position

Long on OKX Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.119%+$12 on $10k

Price spread, last 4 days (all we have)+0.078%+$8 · spread now −0.013%, 7d avg +0.180%

Together, before fees+0.197%+$20 on $10k · with fees, hour by hour

Funding pays, the price is against you. KuCoin is 0.193% cheaper against OKX than usual: you would sell low and buy high (spread −0.013% now, against its 7-day average of +0.180%). If the spread goes back, that is −$19 on $10k: about 6.4 days of funding at the current rate (+$3 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	OKX CRM-USDT-SWAP	236.78	0	get 0.0000% / 8h	6h 38m	$457K	$135K	10x
Short	KuCoin CRMUSDTM	236.75	0.0100	get 0.0100% / 8h	6h 38m	$103K	$597K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin against OKX. 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 OKXbpFee KuCoinbpOrdersPrice spread, now −0.013%Rate

Funding earned: $21
Price spread: −0.013% → +0.180%: −$19.31
Slippage, 4 orders: −$1,303.23
Fee OKX: 5 bp × 2 orders: −$10
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$1,323.54
Costs to cover: 13.252%
Break-even: 448.2 days

Slippage from OKX: live order book, 27 min ago; KuCoin: live order book, 74 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 OKX live order book, 27 min ago	6.33 bp	122.0 bp −$122	doesn't fit	doesn't fit	doesn't fit
Sell KuCoin live order book, 74 min ago	11.37 bp	501.2 bp −$501	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	236.87	+0.036%	$11K	$2K	20x	as long as short
Binance CRMUSDT	0.0000%	8h	236.90	+0.050%	$1.8M	$1.4M	20x	as long as short
Bybit CRMUSDT	0.0000%	8h	236.94	+0.068%	$262K	$71K	25x	as long as short
OKX CRM-USDT-SWAPlong	0.0000%	8h	236.78	long leg	$457K	$135K	10x
Gate CRM_USDT	0.0000%	8h	236.86	+0.034%	$221K	$22K	20x	as long as short
Bitget CRMUSDT	0.0000%	8h	236.78	0.000%	$444K	$34K	20x	as long as short
Variational Omni CRM	0.0000%	8h	236.90	+0.052%	$46K	$41K	—	as long as short
GRVT CRM_USDT_Perp	0.0000%	8h	236.93	+0.065%	$287	$115K	10x	as long as short
SunX CRM-USDT	0.0000%	8h	236.97	+0.080%	$626	$267K	10x	as long as short
HTX CRM-USDT	0.0000%	8h	237.04	+0.110%	$10K	$26K	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	+0.0025%	1h	236.96	+0.076%	$1.5M	$11.4M	10x	as long as short
Injective CRM/USDC PERP	+0.0033%	1h	238.14	+0.574%	$12K	$12K	12x	as long as short
KuCoin CRMUSDTMshort	+0.0100%	8h	236.75	−0.013%	$103K	$597K	20x
edgeX CRMUSDC	+0.0808%	4h	236.92	+0.059%	$96K	$229K	10x	as long as short