Funding you earn now, next payment 02:00 UTC−0.0246%/8h= −27.0% APRnext payment −$0.31 per $10,000 · paid last 24h +0.057%
Price spread now: Injective against tradeXYZ−3.754%54s7-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
=Both sides work against this trade now: funding costs −$7 a day on $10k at the current rate, and Injective is 3.754% cheaper against tradeXYZ than usual: you would sell low and buy high (−$375 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 54 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 | tradeXYZ xyz:CRWD | 248.83 | 0.0026 | pay 0.0003% / 1h | 56m 22s | $867K | $633K | 10x |
| Short | Injective CRWD/USDC PERP | 239.49 | −0.0220 | pay 0.0028% / 1h | 56m 22s | $21K | $19K | 12x |
tradeXYZ xyz:CRWD
Injective CRWD/USDC PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Injective against tradeXYZ. 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
- −$51.75
- Price spread: −3.754% → 0.000%
- −$375.36
- Slippage, 4 orders
- no order book: not counted
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- −$445.13
- Costs to cover
- 0.180%
- Break-even
- never at this rate
Slippage unknown: tradeXYZ: live order book, 60 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 tradeXYZ live order book, 60 min ago | 2.61 bp | 19.1 bp −$19 | 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 | 239.49 | −3.754% | $21K | $19K | 12x | |
| BloFin CRWD-USDT | −0.0012% | 8h | 249.09 | +0.104% | $72K | $24K | 25x | as long as short |
| Aster CRWDUSDT | 0.0000% | 8h | 249.03 | +0.082% | $4K | $37K | 20x | as long as short |
| Binance CRWDUSDT | 0.0000% | 8h | 249.03 | +0.080% | $2.4M | $6.7M | 25x | as long as short |
| Bybit CRWDUSDT | 0.0000% | 8h | 249.02 | +0.076% | $1.2M | $559K | 25x | as long as short |
| OKX CRWD-USDT-SWAP | 0.0000% | 8h | 248.78 | −0.020% | $614K | $624K | 25x | as long as short |
| Bitget CRWDUSDT | 0.0000% | 8h | 249.11 | +0.113% | $292K | $417K | 20x | as long as short |
| Variational Omni CRWD | 0.0000% | 8h | 249.29 | +0.186% | $67K | $60K | — | as long as short |
| GRVT CRWD_USDT_Perp | 0.0000% | 8h | 249.23 | +0.160% | $513 | $109K | 10x | as long as short |
| SunX CRWD-USDT | 0.0000% | 8h | 249.04 | +0.084% | $2K | $1.2M | 10x | as long as short |
BloFin CRWD-USDT
Aster CRWDUSDT
Binance CRWDUSDT
Bybit CRWDUSDT
OKX CRWD-USDT-SWAP
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 | 249.19 | +0.145% | $6K | $7K | 20x | as long as short |
| Phemex CRWDUSDT | 0.0000% | 8h | 249.03 | +0.080% | $1.5M | $191K | 10x | as long as short |
| QFEX CRWD-USD | +0.0023% | 1h | 248.93 | +0.040% | $1.2M | $2.9M | 10x | as long as short |
| tradeXYZ xyz:CRWDlong | +0.0026% | 1h | 248.83 | long leg | $867K | $633K | 10x | |
| Extended CRWD_24_5-USD | +0.0048% | 1h | 248.78 | −0.018% | $99K | — | 10x | as long as short |
| Paragon para:CRWD | +0.0090% | 1h | 249.06 | +0.091% | $84K | $108K | 10x | as long as short |
| KuCoin CRWDUSDTM | +0.0100% | 8h | 249.01 | +0.072% | $35K | $471K | 20x | as long as short |
| Phoenix CRWD | +0.0321% | 1h | 249.16 | +0.133% | $3 | $104K | 10x | as long as short |
HTX CRWD-USDT
Phemex CRWDUSDT
QFEX CRWD-USD
Extended CRWD_24_5-USD
Paragon para:CRWD
KuCoin CRWDUSDTM
Phoenix CRWD