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: Variational Omni against HTX−0.109%7-day average — · you buy dearer than you sell

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

Long on HTX Short on Variational Omni

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

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

Together, before fees—+ Points / potential airdropVariational Omni: Active · farm boardneeds both histories

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Variational Omni is 0.109% cheaper against HTX than usual: you would sell low and buy high, −$11 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	HTX CRWD-USDT	249.35	0	get 0.0000% / 8h	6h 21m	$6K	$7K	20x
Short	Variational Omni CRWD	249.08	0	get 0.0000% / 8h	6h 21m	$67K	$60K	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Variational Omni against HTX. 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 HTXbpFee Variational OmnibpOrdersPrice spread, now −0.109%Rate

Funding earned: $0
Price spread: −0.109% → 0.000%: −$10.87
Slippage, 4 orders: no order book: not counted
Fee HTX: 6 bp × 2 orders: −$12
Fee Variational Omni: 0 bp × 2 orders: $0
Net: −$22.87
Costs to cover: 0.120%
Break-even: never at this rate

Slippage unknown: HTX: no order-book sample; Variational Omni: 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 HTX no order-book sample	—	—	—	—	—
Sell Variational Omni no order-book sample	—	—	—	—	—

HTX and Variational Omni: 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 17 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 PERP	−0.0220%	1h	239.49	−3.954%	$21K	$19K	12x	as long as short
Aster CRWDUSDT	0.0000%	8h	249.26	−0.037%	$4K	$37K	20x	as long as short
Binance CRWDUSDT	0.0000%	8h	249.25	−0.040%	$2.4M	$6.7M	25x	as long as short
Bybit CRWDUSDT	0.0000%	8h	249.11	−0.096%	$1.2M	$532K	25x	as long as short
OKX CRWD-USDT-SWAP	0.0000%	8h	249.05	−0.120%	$615K	$617K	25x	as long as short
Bitget CRWDUSDT	0.0000%	8h	249.06	−0.116%	$292K	$416K	20x	as long as short
Variational Omni CRWDshort	0.0000%	8h	249.08	−0.109%	$67K	$60K	—
GRVT CRWD_USDT_Perp	0.0000%	8h	249.08	−0.108%	$790	$110K	10x	as long as short
SunX CRWD-USDT	0.0000%	8h	249.20	−0.060%	$2K	$1.2M	10x	as long as short
HTX CRWD-USDTlong	0.0000%	8h	249.35	long leg	$6K	$7K	20x

Show all 17 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Phemex CRWDUSDT	0.0000%	8h	249.34	−0.004%	$1.5M	$190K	10x	as long as short
QFEX CRWD-USD	+0.0023%	1h	248.91	−0.176%	$1.2M	$2.8M	10x	as long as short
Extended CRWD_24_5-USD	+0.0048%	1h	249.06	−0.118%	$99K	—	10x	as long as short
tradeXYZ xyz:CRWD	+0.0050%	1h	249.08	−0.108%	$868K	$632K	10x	as long as short
KuCoin CRWDUSDTM	+0.0100%	8h	249.17	−0.072%	$35K	$470K	20x	as long as short
Phoenix CRWD	+0.0257%	1h	249.26	−0.036%	$3	$106K	10x	as long as short
Paragon para:CRWD	+0.0298%	1h	248.95	−0.162%	$84K	$108K	10x	as long as short