Settings8H · net · $10k
Funding arb · Price arb /

CRM

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Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC+0.0071%/8h= +7.8% APRpaid last 24h +0.010%
Price spread now: QFEX against SunX+0.063%7-day average +0.004% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$156as in the Price arb table
costs, in and out, $10k−$1621.623% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)+0.018%+$2 on $10k
Price spread, last 4 days (all we have)+0.026%+$3 · spread now +0.063%, 7d avg +0.004%
Together, before fees+0.043%+$4 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and QFEX is 0.059% dearer against SunX than usual: you sell high and buy low: +$6 more if the spread goes back to its 7-day average of +0.004%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSunX CRM-USDT239.780get 0.0000% / 8h7h 34m$997$254K10x
ShortQFEX CRM-USD239.930.0071get 0.0009% / 1h34m 40s$1.1M$3.9M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

QFEX 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

Funding earned
$14.97
Price spread: +0.063% → +0.004%
$5.86
Slippage, 4 orders
−$144.26
Fee SunX: 4 bp × 2 orders
−$8
Fee QFEX: 5 bp × 2 orders
−$10
Net
−$141.43
Costs to cover
1.623%
Break-even
73.1 days
Slippage from SunX: live order book, 6 min ago; QFEX: live order book, 4 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy SunX live order book, 6 min ago47.82 bp66.3 bp −$66doesn't fitdoesn't fitdoesn't fit
Sell QFEX live order book, 4 min ago2.30 bp14.7 bp −$15doesn't fitdoesn't fitdoesn't fit

CRM on 14 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster CRMUSDT0.0000%8h239.68−0.043%$11K$2K20xas long as short
Binance CRMUSDT0.0000%8h240.02+0.098%$1.8M$1.4M20xas long as short
Bybit CRMUSDT0.0000%8h239.58−0.083%$264K$75K25xas long as short
OKX CRM-USDT-SWAP0.0000%8h239.94+0.067%$465K$144K10xas long as short
Gate CRM_USDT0.0000%8h240.05+0.113%$217K$29K20xas long as short
Bitget CRMUSDT0.0000%8h239.51−0.113%$448K$30K20xas long as short
Variational Omni CRM0.0000%8h239.75−0.014%$54K$47Kas long as short
SunX CRM-USDTlong0.0000%8h239.78long leg$997$254K10x
HTX CRM-USDT0.0000%8h239.68−0.042%$10K$31K20xas long as short
Injective CRM/USDC PERP+0.0033%1h238.14−0.684%$12K$10K12xas long as short
Show all 14 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
QFEX CRM-USDshort+0.0071%1h239.93+0.063%$1.1M$3.9M10x
KuCoin CRMUSDTM+0.0100%8h239.47−0.129%$100K$483K20xas long as short
edgeX CRMUSDC+0.0550%4h239.49−0.119%$97K$229K10xas long as short
GRVT CRM_USDT_Perp+0.0962%8h239.44−0.142%$721$108K10xas long as short