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

CRWD

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Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC+0.0270%/8h= +29.6% APRnext payment +$0.34 per $10,000 · paid last 24h −0.051%
Price spread now: tradeXYZ against Injective+3.399%94s7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdroptradeXYZ: Active · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$8 a day on $10k at the current rate, and tradeXYZ is 3.399% dearer against Injective than usual: you sell high and buy low: +$340 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 94 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongInjective CRWD/USDC PERP240.64−0.0220get 0.0028% / 1h47m 41s$21K$20K12x
ShorttradeXYZ xyz:CRWD248.820.0050get 0.0006% / 1h47m 41s$867K$627K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

tradeXYZ against Injective. 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
$56.7
Price spread: +3.399% → 0.000%
$339.93
Slippage, 4 orders
no order book: not counted
Fee Injective: 0.01 bp × 2 orders
−$0.02
Fee tradeXYZ: 9 bp × 2 orders
−$18
Net
$378.61
Costs to cover
0.180%
Break-even
from the start
Slippage unknown: Injective: no order-book sample; tradeXYZ: live order book, 59 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Injective no order-book sample
Sell tradeXYZ live order book, 59 min ago3.01 bp18.9 bp −$19doesn't fitdoesn't fitdoesn't fit
Injective: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

CRWD on 17 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
Injective CRWD/USDC PERPlong−0.0220%1h240.64long leg$21K$20K12x
Aster CRWDUSDT0.0000%8h248.91+3.435%$4K$37K20xas long as short
Binance CRWDUSDT0.0000%8h248.97+3.462%$2.4M$6.7M25xas long as short
Bybit CRWDUSDT0.0000%8h248.77+3.378%$1.1M$529K25xas long as short
OKX CRWD-USDT-SWAP0.0000%8h249.14+3.532%$615K$615K25xas long as short
Bitget CRWDUSDT0.0000%8h248.97+3.462%$291K$416K20xas long as short
Variational Omni CRWD0.0000%8h249.01+3.477%$67K$60Kas long as short
GRVT CRWD_USDT_Perp0.0000%8h249.04+3.492%$677$111K10xas long as short
SunX CRWD-USDT0.0000%8h249.03+3.487%$2K$1.2M10xas long as short
HTX CRWD-USDT0.0000%8h249.21+3.561%$6K$7K20xas long as short
Show all 17 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Phemex CRWDUSDT0.0000%8h249.03+3.487%$1.5M$191K10xas long as short
QFEX CRWD-USD+0.0046%1h248.97+3.462%$1.2M$2.8M10xas long as short
Extended CRWD_24_5-USD+0.0048%1h248.94+3.449%$99K10xas long as short
tradeXYZ xyz:CRWDshort+0.0050%1h248.82+3.399%$867K$627K10x
KuCoin CRWDUSDTM+0.0100%8h248.90+3.433%$34K$450K20xas long as short
Phoenix CRWD+0.0289%1h249.02+3.482%$4$106K10xas long as short
Paragon para:CRWD+0.0308%1h248.62+3.316%$84K$108K10xas long as short