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

CRWD

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Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC−0.0515%/8h= −56.4% APRnext payment $0.64 per $10,000 · paid last 24h +0.017%
Price spread now: Injective against Paragon−3.770%7-day average · you buy dearer than you sell
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 feesneeds both histories
Both sides work against this trade now: funding costs −$15 a day on $10k at the current rate, and Injective is 3.770% cheaper against Paragon than usual: you would sell low and buy high (−$377 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongParagon para:CRWD248.870.0295pay 0.0037% / 1h18m 56s$84K$108K10x
ShortInjective CRWD/USDC PERP239.49−0.0220pay 0.0028% / 1h18m 56s$21K$19K12x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Injective against Paragon. 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
−$108.15
Price spread: −3.770% → 0.000%
−$377
Slippage, 4 orders
no order book: not counted
Fee Paragon: 5 bp × 2 orders
−$10
Fee Injective: 0.01 bp × 2 orders
−$0.02
Net
−$495.17
Costs to cover
0.100%
Break-even
never at this rate
Slippage unknown: Paragon: live order book, 26 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
LegHalf-spread$10k$100k$1M$5M
Buy Paragon live order book, 26 min ago6.43 bp31.8 bp −$32doesn't fitdoesn't fitdoesn'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 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 PERPshort−0.0220%1h239.49−3.770%$21K$19K12x
Aster CRWDUSDT0.0000%8h249.18+0.125%$4K$37K20xas long as short
Binance CRWDUSDT0.0000%8h249.25+0.152%$2.4M$6.7M25xas long as short
Bybit CRWDUSDT0.0000%8h249.12+0.099%$1.2M$533K25xas long as short
OKX CRWD-USDT-SWAP0.0000%8h249.05+0.071%$615K$617K25xas long as short
Bitget CRWDUSDT0.0000%8h249.06+0.075%$292K$416K20xas long as short
Variational Omni CRWD0.0000%8h249.33+0.183%$67K$60Kas long as short
GRVT CRWD_USDT_Perp0.0000%8h249.11+0.094%$790$110K10xas long as short
SunX CRWD-USDT0.0000%8h249.29+0.168%$2K$1.2M10xas long as short
HTX CRWD-USDT0.0000%8h249.42+0.220%$6K$7K20xas long as short
Show all 17 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Phemex CRWDUSDT0.0000%8h249.25+0.152%$1.5M$190K10xas long as short
QFEX CRWD-USD+0.0023%1h248.91+0.015%$1.2M$2.8M10xas long as short
Extended CRWD_24_5-USD+0.0048%1h249.02+0.059%$99K10xas long as short
tradeXYZ xyz:CRWD+0.0050%1h249.10+0.091%$868K$632K10xas long as short
KuCoin CRWDUSDTM+0.0100%8h249.16+0.115%$34K$468K20xas long as short
Phoenix CRWD+0.0257%1h249.24+0.148%$6$106K10xas long as short
Paragon para:CRWDlong+0.0295%1h248.87long leg$84K$108K10x