Funding arb · Price arb /

CRWD

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: Aster against Binance−0.052%7-day average — · you buy dearer than you sell

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

Long on Binance Short on Aster

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropAster: Stage 5 · farm boardneeds both histories

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Aster is 0.052% cheaper against Binance than usual: you would sell low and buy high, −$5 on $10k if it goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance CRWDUSDT	249.45	0	get 0.0000% / 8h	7h 55m	$2.4M	$6.9M	25x
Short	Aster CRWDUSDT	249.33	0	get 0.0000% / 8h	7h 55m	$4K	$37K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster against Binance. 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 BinancebpFee AsterbpOrdersPrice spread, now −0.052%Rate

Funding earned: $0
Price spread: −0.052% → 0.000%: −$5.16
Slippage, 4 orders: no order book: not counted
Fee Binance: 5 bp × 2 orders: −$10
Fee Aster: 4 bp × 2 orders: −$8
Net: −$23.16
Costs to cover: 0.180%
Break-even: never at this rate

Slippage unknown: Binance: live order book, 13 min ago; Aster: 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 Binance live order book, 13 min ago	1.61 bp	13.1 bp −$13	40.0 bp −$400	doesn't fit	doesn't fit
Sell Aster no order-book sample	—	—	—	—	—

Aster: 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
Paragon para:CRWD	−0.0192%	1h	249.29	−0.065%	$84K	$113K	10x	as long as short
BloFin CRWD-USDT	−0.0026%	8h	249.67	+0.086%	$73K	$25K	25x	as long as short
Aster CRWDUSDTshort	0.0000%	8h	249.33	−0.052%	$4K	$37K	20x
Binance CRWDUSDTlong	0.0000%	8h	249.45	long leg	$2.4M	$6.9M	25x
Bybit CRWDUSDT	0.0000%	8h	249.27	−0.074%	$1.2M	$665K	25x	as long as short
OKX CRWD-USDT-SWAP	0.0000%	8h	249.27	−0.074%	$621K	$647K	25x	as long as short
Bitget CRWDUSDT	0.0000%	8h	249.23	−0.090%	$292K	$417K	20x	as long as short
Variational Omni CRWD	0.0000%	8h	249.70	+0.099%	$67K	$60K	—	as long as short
GRVT CRWD_USDT_Perp	0.0000%	8h	249.02	−0.174%	$884	$108K	10x	as long as short
SunX CRWD-USDT	0.0000%	8h	249.30	−0.062%	$2K	$1.3M	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	249.62	+0.066%	$6K	$7K	20x	as long as short
Phemex CRWDUSDT	0.0000%	8h	249.41	−0.018%	$1.5M	$197K	10x	as long as short
QFEX CRWD-USD	+0.0030%	1h	248.59	−0.347%	$1.2M	$3.0M	10x	as long as short
Extended CRWD_24_5-USD	+0.0048%	1h	248.74	−0.288%	$99K	—	10x	as long as short
KuCoin CRWDUSDTM	+0.0100%	8h	249.39	−0.026%	$35K	$472K	20x	as long as short
Injective CRWD/USDC PERP	+0.0220%	1h	248.84	−0.247%	$13K	$10K	12x	as long as short
Phoenix CRWD	+0.0257%	1h	248.97	−0.194%	$6	$140K	10x	as long as short
tradeXYZ xyz:CRWD	+0.0903%	1h	249.25	−0.082%	$866K	$654K	10x	as long as short