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: Bybit against SunX−0.017%7-day average −0.052% · you buy dearer than you sell

Net, funding: paid 7d − costs−$195as in the Funding arb table

Net, price: spread back to 7d avg − costs−$192as in the Price arb table

costs, in and out, $10k−$1951.954% of the position

Long on SunX Short on Bybit

What this pair did over the last

the charts below follow

Funding, last 7 days0.000%$0 on $10k

Price spread, last 4 days (all we have)−0.047%−$5 · spread now −0.017%, 7d avg −0.052%

Together, before fees−0.047%−$5 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: Bybit is 0.036% dearer against SunX than usual: you sell high and buy low, +$4 on $10k if it goes back to its 7-day average of −0.052%.

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 10m	$946	$247K	10x
Short	Bybit CRMUSDT	240.08	0	get 0.0000% / 8h	4h 10m	$267K	$60K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bybit 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 BybitbpOrdersPrice spread, now −0.017%Rate

Funding earned: $0
Price spread: −0.017% → −0.052%: $3.58
Slippage, 4 orders: −$176.39
Fee SunX: 4 bp × 2 orders: −$8
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: −$191.81
Costs to cover: 1.954%
Break-even: never at this rate

Slippage from SunX: live order book, 13 min ago; Bybit: live order book, 13 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, 13 min ago	48.48 bp	66.9 bp −$67	doesn't fit	doesn't fit	doesn't fit
Sell Bybit live order book, 13 min ago	11.04 bp	26.5 bp −$27	doesn't fit	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	−0.055%	$11K	$2K	20x	as long as short
Binance CRMUSDT	0.0000%	8h	240.15	+0.012%	$1.8M	$1.4M	20x	as long as short
Bybit CRMUSDTshort	0.0000%	8h	240.08	−0.017%	$267K	$60K	25x
OKX CRM-USDT-SWAP	0.0000%	8h	239.70	−0.175%	$472K	$184K	10x	as long as short
Gate CRM_USDT	0.0000%	8h	240.19	+0.029%	$213K	$25K	20x	as long as short
Bitget CRMUSDT	0.0000%	8h	239.80	−0.133%	$471K	$53K	20x	as long as short
Variational Omni CRM	0.0000%	8h	240.06	−0.026%	$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	240.04	−0.033%	$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	239.81	−0.129%	$94K	$666K	20x	as long as short
edgeX CRMUSDC	+0.0696%	4h	240.07	−0.020%	$97K	$228K	10x	as long as short