Funding you earn now, next payment 00:00 UTC−0.0220%/8h= −24.1% APRpaid last 24h −0.066%
Price spread now: Binance against Injective−1.014%67s7-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 Binance is 1.014% cheaper against Injective than usual: you would sell low and buy high (−$101 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 67 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 | Injective CRWD/USDC PERP | 251.45 | 0.0220 | pay 0.0028% / 1h | 36m 12s | $15K | $102 | 12x |
| Short | Binance CRWDUSDT | 248.90 | 0 | get 0.0000% / 8h | 36m 12s | $2.4M | $7.0M | 25x |
Injective CRWD/USDC PERP
Binance CRWDUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Injective. 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: −1.014% → 0.000%
- −$101.41
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$157.63
- Costs to cover
- 0.100%
- Break-even
- never at this rate
Slippage unknown: Injective: no order-book sample; Binance: live order book, 3 min ago. 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 Injective no order-book sample | — | — | — | — | — |
| Sell Binance live order book, 3 min ago | 2.41 bp | 13.3 bp −$13 | 52.4 bp −$524 | doesn't fit | doesn'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 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin CRWD-USDT | 0.0000% | 8h | 248.85 | −1.034% | $73K | $25K | 25x | as long as short |
| Aster CRWDUSDT | 0.0000% | 8h | 248.82 | −1.046% | $4K | $37K | 20x | as long as short |
| Binance CRWDUSDTshort | 0.0000% | 8h | 248.90 | −1.014% | $2.4M | $7.0M | 25x | |
| Bybit CRWDUSDT | 0.0000% | 8h | 248.72 | −1.086% | $1.2M | $678K | 25x | as long as short |
| OKX CRWD-USDT-SWAP | 0.0000% | 8h | 248.90 | −1.014% | $620K | $712K | 25x | as long as short |
| Bitget CRWDUSDT | 0.0000% | 8h | 248.75 | −1.074% | $291K | $490K | 20x | as long as short |
| Variational Omni CRWD | 0.0000% | 8h | 248.96 | −0.992% | $67K | $61K | — | as long as short |
| GRVT CRWD_USDT_Perp | 0.0000% | 8h | 248.82 | −1.046% | $438 | $122K | 10x | as long as short |
| SunX CRWD-USDT | 0.0000% | 8h | 248.87 | −1.026% | $2K | $1.3M | 10x | as long as short |
| HTX CRWD-USDT | 0.0000% | 8h | 249.17 | −0.907% | $6K | $8K | 20x | as long as short |
BloFin CRWD-USDT
Aster CRWDUSDT
Bybit CRWDUSDT
OKX CRWD-USDT-SWAP
Bitget CRWDUSDT
Variational Omni CRWD
GRVT CRWD_USDT_Perp
SunX CRWD-USDT
HTX CRWD-USDTShow all 18 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Phemex CRWDUSDT | 0.0000% | 8h | 248.93 | −1.002% | $1.5M | $203K | 10x | as long as short |
| QFEX CRWD-USD | +0.0028% | 1h | 248.95 | −0.994% | $1.2M | $2.9M | 10x | as long as short |
| Extended CRWD_24_5-USD | +0.0048% | 1h | 248.66 | −1.108% | $99K | — | 10x | as long as short |
| tradeXYZ xyz:CRWD | +0.0050% | 1h | 248.77 | −1.066% | $867K | $654K | 10x | as long as short |
| KuCoin CRWDUSDTM | +0.0100% | 8h | 248.97 | −0.986% | $35K | $495K | 20x | as long as short |
| Injective CRWD/USDC PERPlong | +0.0220% | 1h | 251.45 | long leg | $15K | $102 | 12x | |
| Paragon para:CRWD | +0.0245% | 1h | 248.66 | −1.110% | $84K | $113K | 10x | as long as short |
| Phoenix CRWD | +0.0257% | 1h | 248.88 | −1.022% | $6 | $155K | 10x | as long as short |
Phemex CRWDUSDT
QFEX CRWD-USD
Extended CRWD_24_5-USD
tradeXYZ xyz:CRWD
KuCoin CRWDUSDTM
Paragon para:CRWD
Phoenix CRWD