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 SunX−0.050%7-day average — · you buy dearer than you sell

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

Long on SunX 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 0.050% cheaper against SunX 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	SunX CRWD-USDT	249.06	0	get 0.0000% / 8h	4h 43m	$2K	$1.2M	10x
Short	Aster CRWDUSDT	248.94	0	get 0.0000% / 8h	4h 43m	$4K	$37K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster against SunX. 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 SunXbpFee AsterbpOrdersPrice spread, now −0.050%Rate

Funding earned: $0
Price spread: −0.050% → 0.000%: −$4.98
Slippage, 4 orders: no order book: not counted
Fee SunX: 4 bp × 2 orders: −$8
Fee Aster: 4 bp × 2 orders: −$8
Net: −$20.98
Costs to cover: 0.160%
Break-even: never at this rate

Slippage unknown: SunX: live order book, 10 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 SunX live order book, 10 min ago	256.52 bp	doesn't fit	doesn't fit	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
Injective CRWD/USDC PERP	−0.0220%	1h	245.61	−1.385%	$22K	$20K	12x	as long as short
Aster CRWDUSDTshort	0.0000%	8h	248.94	−0.050%	$4K	$37K	20x
Binance CRWDUSDT	0.0000%	8h	248.95	−0.044%	$2.4M	$6.7M	25x	as long as short
Bybit CRWDUSDT	0.0000%	8h	248.66	−0.161%	$1.1M	$531K	25x	as long as short
OKX CRWD-USDT-SWAP	0.0000%	8h	248.88	−0.072%	$599K	$655K	25x	as long as short
Bitget CRWDUSDT	0.0000%	8h	248.99	−0.028%	$291K	$416K	20x	as long as short
Variational Omni CRWD	0.0000%	8h	248.94	−0.050%	$67K	$60K	—	as long as short
GRVT CRWD_USDT_Perp	0.0000%	8h	248.99	−0.028%	$540	$113K	10x	as long as short
SunX CRWD-USDTlong	0.0000%	8h	249.06	long leg	$2K	$1.2M	10x
HTX CRWD-USDT	0.0000%	8h	249.28	+0.088%	$6K	$7K	20x	as long as short

Show all 18 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Phemex CRWDUSDT	0.0000%	8h	248.97	−0.036%	$1.5M	$191K	10x	as long as short
BloFin CRWD-USDT	+0.0015%	8h	249.01	−0.020%	$72K	$24K	25x	as long as short
QFEX CRWD-USD	+0.0040%	1h	248.91	−0.060%	$1.2M	$2.7M	10x	as long as short
Extended CRWD_24_5-USD	+0.0048%	1h	248.88	−0.072%	$99K	—	10x	as long as short
tradeXYZ xyz:CRWD	+0.0050%	1h	249.01	−0.020%	$863K	$626K	10x	as long as short
KuCoin CRWDUSDTM	+0.0100%	8h	248.93	−0.052%	$34K	$404K	20x	as long as short
Phoenix CRWD	+0.0225%	1h	248.98	−0.032%	$5	$106K	10x	as long as short
Paragon para:CRWD	+0.0446%	1h	248.82	−0.097%	$84K	$108K	10x	as long as short