CRWD

Alert: funding

Alert: spread

Funding you earn now, next payment 11:00 UTC+0.0181%/8h= +19.8% APRnext payment +$0.23 per $10,000 · paid last 24h +0.011%

Price spread now: Injective against QFEX+0.612%105s7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on QFEX Short on Injective

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 days—no price history on both exchanges yet

Together, before fees—needs both histories

Both sides work for this trade now. Funding pays +$5 a day on $10k at the current rate, and Injective is 0.612% dearer against QFEX than usual: you sell high and buy low: +$61 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 105 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	QFEX CRWD-USD	250.03	0.0039	pay 0.0005% / 1h	7m 28s	$1.2M	$2.6M	10x
Short	Injective CRWD/USDC PERP	251.56	0.0220	get 0.0028% / 1h	7m 28s	$22K	$20K	12x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Injective against QFEX. 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

Position, each leg$Hold fordaysFee QFEXbpFee InjectivebpOrdersPrice spread, now +0.612%Rate

Funding earned: $37.92
Price spread: +0.612% → 0.000%: $61.19
Slippage, 4 orders: no order book: not counted
Fee QFEX: 5 bp × 2 orders: −$10
Fee Injective: 0.01 bp × 2 orders: −$0.02
Net: $89.09
Costs to cover: 0.100%
Break-even: from the start

Slippage unknown: QFEX: live order book, 3 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 QFEX live order book, 3 min ago	2.20 bp	7.9 bp −$8	17.3 bp −$173	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 exchanges

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
BloFin CRWD-USDT	−0.0026%	8h	249.99	−0.016%	$71K	$24K	25x	as long as short
Aster CRWDUSDT	0.0000%	8h	249.94	−0.036%	$4K	$36K	20x	as long as short
Binance CRWDUSDT	0.0000%	8h	250.14	+0.044%	$2.5M	$7.5M	25x	as long as short
Bybit CRWDUSDT	0.0000%	8h	249.78	−0.100%	$1.1M	$469K	25x	as long as short
OKX CRWD-USDT-SWAP	0.0000%	8h	250.13	+0.040%	$547K	$771K	25x	as long as short
Bitget CRWDUSDT	0.0000%	8h	250.06	+0.012%	$305K	$408K	20x	as long as short
Variational Omni CRWD	0.0000%	8h	250.01	−0.008%	$71K	$53K	—	as long as short
GRVT CRWD_USDT_Perp	0.0000%	8h	250.08	+0.020%	$513	$127K	10x	as long as short
SunX CRWD-USDT	0.0000%	8h	250.19	+0.064%	$2K	$1.0M	10x	as long as short
HTX CRWD-USDT	0.0000%	8h	250.30	+0.108%	$6K	$7K	20x	as long as short

Show all 18 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Phemex CRWDUSDT	0.0000%	8h	250.09	+0.024%	$1.5M	$237K	10x	as long as short
QFEX CRWD-USDlong	+0.0039%	1h	250.03	long leg	$1.2M	$2.6M	10x
Extended CRWD_24_5-USD	+0.0048%	1h	249.50	−0.214%	$99K	$200	10x	as long as short
KuCoin CRWDUSDTM	+0.0100%	8h	249.81	−0.088%	$36K	$431K	20x	as long as short
Paragon para:CRWD	+0.0124%	1h	249.53	−0.202%	$84K	$108K	10x	as long as short
tradeXYZ xyz:CRWD	+0.0158%	1h	249.67	−0.144%	$896K	$698K	10x	as long as short
Injective CRWD/USDC PERPshort	+0.0220%	1h	251.56	+0.612%	$22K	$20K	12x
Phoenix CRWD	+0.0256%	1h	249.88	−0.060%	$5	$120K	10x	as long as short