Funding you earn now, next payment 20:00 UTC+0.0049%/8hpaid last 24h +0.009%
Price spread now: QFEX against Binance+0.013%7-day average −0.028% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$42as in the Price arb table
costs, in and out, $10k−$460.456% of the position
Funding, last 3 days (all we have)+0.013%+$1 on $10k
+Price spread, last 1 day (all we have)−0.032%−$3 · spread now +0.013%, 7d avg −0.028%
=Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and QFEX is 0.041% dearer against Binance than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of −0.028%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance CRMUSDT | 237.71 | 0 | get 0.0000% / 8h | 4h 21m | $1.8M | $1.5M | 20x |
| Short | QFEX CRM-USD | 237.74 | 0.0049 | get 0.0006% / 1h | 21m 15s | $1.4M | $10.7M | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
QFEX against Binance. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $10.32
- Price spread: +0.013% → −0.028%
- $4.05
- Slippage, 4 orders
- −$25.56
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee QFEX: 5 bp × 2 orders
- −$10
- Net
- −$31.19
- Costs to cover
- 0.456%
- Break-even
- 28.2 days
Slippage from Binance: live order book, 2 min ago; QFEX: live order book, 12 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 Binance live order book, 2 min ago | 3.15 bp | 11.8 bp −$12 | 40.9 bp −$409 | doesn't fit | doesn't fit |
| Sell QFEX live order book, 12 min ago | 1.47 bp | 9.1 bp −$9 | 15.8 bp −$158 | 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 | |
|---|---|---|---|---|---|---|---|---|
| edgeX CRMUSDC | −0.0418% | 4h | 237.71 | +0.001% | $96K | $232K | 10x | as long as short |
| Aster CRMUSDT | 0.0000% | 8h | 237.63 | −0.033% | $11K | $2K | 20x | as long as short |
| Binance CRMUSDTlong | 0.0000% | 8h | 237.71 | long leg | $1.8M | $1.5M | 20x | |
| Bybit CRMUSDT | 0.0000% | 8h | 237.58 | −0.055% | $254K | $86K | 25x | as long as short |
| OKX CRM-USDT-SWAP | 0.0000% | 8h | 237.64 | −0.029% | $456K | $136K | 10x | as long as short |
| Gate CRM_USDT | 0.0000% | 8h | 237.77 | +0.025% | $225K | $21K | 20x | as long as short |
| Bitget CRMUSDT | 0.0000% | 8h | 237.50 | −0.088% | $446K | $70K | 20x | as long as short |
| Variational Omni CRM | 0.0000% | 8h | 237.76 | +0.023% | $27K | $16K | — | as long as short |
| GRVT CRM_USDT_Perp | 0.0000% | 8h | 237.66 | −0.020% | $559 | $128K | 10x | as long as short |
| SunX CRM-USDT | 0.0000% | 8h | 237.72 | +0.004% | $1K | $336K | 10x | as long as short |
Show all 14 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX CRM-USDT | 0.0000% | 8h | 237.81 | +0.042% | $10K | $22K | 20x | as long as short |
| Injective CRM/USDC PERP | +0.0033% | 1h | 238.14 | +0.181% | $12K | $24K | 12x | as long as short |
| QFEX CRM-USDshort | +0.0049% | 1h | 237.74 | +0.013% | $1.4M | $10.7M | 10x | |
| KuCoin CRMUSDTM | +0.0618% | 8h | 237.63 | −0.034% | $105K | $766K | 20x | as long as short |
Binance CRMUSDT
edgeX CRMUSDC
Aster CRMUSDT
Bybit CRMUSDT
OKX CRM-USDT-SWAP
Gate CRM_USDT
Bitget CRMUSDT
Variational Omni CRM
GRVT CRM_USDT_Perp
SunX CRM-USDT
HTX CRM-USDT
Injective CRM/USDC PERP
KuCoin CRMUSDTM