Funding arb · Price arb /

CRM

RWAall CRM markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 16:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: Binance against SunX+0.045%7-day average +0.016% · you sell dearer than you buy

Net, funding: paid 7d − costs−$184as in the Funding arb table

Net, price: spread back to 7d avg − costs−$164as in the Price arb table

costs, in and out, $10k−$1671.665% of the position

Long on SunX Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days−0.175%−$17 on $10k

Price spread, last 4 days (all we have)+0.040%+$4 · spread now +0.045%, 7d avg +0.016%

Together, before fees−0.135%−$13 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.029% dearer against SunX than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of +0.016%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SunX CRM-USDT	240.12	0	get 0.0000% / 8h	4h 09m	$946	$247K	10x
Short	Binance CRMUSDT	240.23	0	get 0.0000% / 8h	4h 09m	$1.8M	$1.4M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against SunX. 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 SunXbpFee BinancebpOrdersPrice spread, now +0.045%Rate

Funding earned: $0
Price spread: +0.045% → +0.016%: $2.9
Slippage, 4 orders: −$148.55
Fee SunX: 4 bp × 2 orders: −$8
Fee Binance: 5 bp × 2 orders: −$10
Net: −$163.65
Costs to cover: 1.665%
Break-even: never at this rate

Slippage from SunX: live order book, 14 min ago; Binance: live order book, 2 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 SunX live order book, 14 min ago	48.48 bp	66.9 bp −$67	doesn't fit	doesn't fit	doesn't fit
Sell Binance live order book, 2 min ago	6.45 bp	14.0 bp −$14	46.9 bp −$469	doesn't fit	doesn't fit

CRM on 14 exchanges

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	239.99	−0.054%	$11K	$2K	20x	as long as short
Binance CRMUSDTshort	0.0000%	8h	240.23	+0.045%	$1.8M	$1.4M	20x
Bybit CRMUSDT	0.0000%	8h	240.03	−0.037%	$266K	$60K	25x	as long as short
OKX CRM-USDT-SWAP	0.0000%	8h	239.95	−0.071%	$471K	$178K	10x	as long as short
Gate CRM_USDT	0.0000%	8h	240.26	+0.058%	$214K	$25K	20x	as long as short
Bitget CRMUSDT	0.0000%	8h	239.85	−0.112%	$471K	$53K	20x	as long as short
Variational Omni CRM	0.0000%	8h	240.08	−0.017%	$75K	$71K	—	as long as short
SunX CRM-USDTlong	0.0000%	8h	240.12	long leg	$946	$247K	10x
HTX CRM-USDT	0.0000%	8h	240.14	+0.008%	$10K	$32K	20x	as long as short
QFEX CRM-USD	+0.0020%	1h	240.16	+0.017%	$1.1M	$3.7M	10x	as long as short

Show all 14 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
GRVT CRM_USDT_Perp	+0.0024%	8h	240.18	+0.023%	$300	$112K	10x	as long as short
Injective CRM/USDC PERP	+0.0033%	1h	238.14	−0.825%	$12K	$10K	12x	as long as short
KuCoin CRMUSDTM	+0.0100%	8h	239.83	−0.121%	$93K	$668K	20x	as long as short
edgeX CRMUSDC	+0.0696%	4h	240.07	−0.020%	$97K	$228K	10x	as long as short