Funding you earn now, next payment 04:00 UTC−0.0220%/8h= −24.1% APRpaid last 24h +0.055%
Price spread now: Injective against OKX−1.480%108s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work against this trade now: funding costs −$7 a day on $10k at the current rate, and Injective is 1.480% cheaper against OKX than usual: you would sell low and buy high (−$148 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 108 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX CRWD-USDT-SWAP | 249.30 | 0 | get 0.0000% / 8h | 4h 15m | $600K | $658K | 25x |
| Short | Injective CRWD/USDC PERP | 245.61 | −0.0220 | pay 0.0028% / 1h | 15m 37s | $22K | $20K | 12x |
OKX CRWD-USDT-SWAP
Injective CRWD/USDC PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Injective against OKX. 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
- −$46.2
- Price spread: −1.480% → 0.000%
- −$148.01
- Slippage, 4 orders
- no order book: not counted
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- −$204.23
- Costs to cover
- 0.100%
- Break-even
- never at this rate
Slippage unknown: OKX: live order book, 40 min ago; Injective: no order-book sample. Net counts fees only.
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 OKX live order book, 40 min ago | 0.20 bp | 13.7 bp −$14 | doesn't fit | doesn't fit | doesn't fit |
| Sell Injective no order-book sample | — | — | — | — | — |
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 18 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective CRWD/USDC PERPshort | −0.0220% | 1h | 245.61 | −1.480% | $22K | $20K | 12x | |
| BloFin CRWD-USDT | −0.0022% | 8h | 249.15 | −0.060% | $72K | $24K | 25x | as long as short |
| Aster CRWDUSDT | 0.0000% | 8h | 249.01 | −0.117% | $4K | $37K | 20x | as long as short |
| Binance CRWDUSDT | 0.0000% | 8h | 249.13 | −0.070% | $2.4M | $6.7M | 25x | as long as short |
| Bybit CRWDUSDT | 0.0000% | 8h | 248.93 | −0.148% | $1.1M | $531K | 25x | as long as short |
| OKX CRWD-USDT-SWAPlong | 0.0000% | 8h | 249.30 | long leg | $600K | $658K | 25x | |
| Bitget CRWDUSDT | 0.0000% | 8h | 249.12 | −0.072% | $292K | $416K | 20x | as long as short |
| Variational Omni CRWD | 0.0000% | 8h | 249.08 | −0.088% | $67K | $60K | — | as long as short |
| GRVT CRWD_USDT_Perp | 0.0000% | 8h | 249.19 | −0.044% | $1K | $114K | 10x | as long as short |
| SunX CRWD-USDT | 0.0000% | 8h | 249.02 | −0.112% | $2K | $1.2M | 10x | as long as short |
BloFin CRWD-USDT
Aster CRWDUSDT
Binance CRWDUSDT
Bybit CRWDUSDT
Bitget CRWDUSDT
Variational Omni CRWD
GRVT CRWD_USDT_Perp
SunX CRWD-USDTShow all 18 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX CRWD-USDT | 0.0000% | 8h | 249.31 | +0.004% | $6K | $7K | 20x | as long as short |
| Phemex CRWDUSDT | 0.0000% | 8h | 249.15 | −0.060% | $1.5M | $192K | 10x | as long as short |
| QFEX CRWD-USD | +0.0040% | 1h | 248.95 | −0.140% | $1.2M | $2.6M | 10x | as long as short |
| Extended CRWD_24_5-USD | +0.0048% | 1h | 248.93 | −0.148% | $99K | — | 10x | as long as short |
| tradeXYZ xyz:CRWD | +0.0050% | 1h | 249.05 | −0.100% | $864K | $626K | 10x | as long as short |
| KuCoin CRWDUSDTM | +0.0100% | 8h | 249.04 | −0.104% | $34K | $379K | 20x | as long as short |
| Phoenix CRWD | +0.0225% | 1h | 249.11 | −0.076% | $5 | $106K | 10x | as long as short |
| Paragon para:CRWD | +0.0364% | 1h | 248.86 | −0.175% | $84K | $108K | 10x | as long as short |
HTX CRWD-USDT
Phemex CRWDUSDT
QFEX CRWD-USD
Extended CRWD_24_5-USD
tradeXYZ xyz:CRWD
KuCoin CRWDUSDTM
Phoenix CRWD
Paragon para:CRWD