CRWD

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC−0.0244%/8h= −26.7% APRnext payment −$0.31 per $10,000 · paid last 24h +0.050%

Price spread now: Injective against QFEX−1.426%7-day average — · you buy dearer than you sell

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 against this trade now: funding costs −$7 a day on $10k at the current rate, and Injective is 1.426% cheaper against QFEX than usual: you would sell low and buy high (−$143 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	QFEX CRWD-USD	248.91	0.0024	pay 0.0003% / 1h	39m 49s	$1.2M	$2.6M	10x
Short	Injective CRWD/USDC PERP	245.36	−0.0220	pay 0.0028% / 1h	39m 49s	$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 −1.426%Rate

Funding earned: −$51.26
Price spread: −1.426% → 0.000%: −$142.62
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: −$203.9
Costs to cover: 0.100%
Break-even: never at this rate

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	2.41 bp	8.7 bp −$9	16.0 bp −$160	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	245.36	−1.426%	$22K	$20K	12x
BloFin CRWD-USDT	−0.0029%	8h	249.16	+0.100%	$72K	$24K	25x	as long as short
Aster CRWDUSDT	0.0000%	8h	248.93	+0.008%	$4K	$37K	20x	as long as short
Binance CRWDUSDT	0.0000%	8h	249.05	+0.056%	$2.4M	$6.7M	25x	as long as short
Bybit CRWDUSDT	0.0000%	8h	248.72	−0.076%	$1.1M	$530K	25x	as long as short
OKX CRWD-USDT-SWAP	0.0000%	8h	249.02	+0.044%	$596K	$667K	25x	as long as short
Bitget CRWDUSDT	0.0000%	8h	249.09	+0.072%	$292K	$416K	20x	as long as short
Variational Omni CRWD	0.0000%	8h	249.04	+0.053%	$67K	$60K	—	as long as short
GRVT CRWD_USDT_Perp	0.0000%	8h	249.08	+0.069%	$772	$116K	10x	as long as short
SunX CRWD-USDT	0.0000%	8h	248.93	+0.008%	$2K	$1.2M	10x	as long as short

Show all 18 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
HTX CRWD-USDT	0.0000%	8h	249.22	+0.125%	$6K	$7K	20x	as long as short
Phemex CRWDUSDT	0.0000%	8h	249.08	+0.068%	$1.5M	$194K	10x	as long as short
QFEX CRWD-USDlong	+0.0024%	1h	248.91	long leg	$1.2M	$2.6M	10x
Extended CRWD_24_5-USD	+0.0048%	1h	248.84	−0.028%	$99K	—	10x	as long as short
tradeXYZ xyz:CRWD	+0.0050%	1h	248.83	−0.032%	$861K	$627K	10x	as long as short
KuCoin CRWDUSDTM	+0.0100%	8h	248.95	+0.016%	$34K	$350K	20x	as long as short
Phoenix CRWD	+0.0353%	1h	248.96	+0.020%	$4	$106K	10x	as long as short
Paragon para:CRWD	+0.0368%	1h	248.76	−0.058%	$84K	$108K	10x	as long as short