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: HTX against Variational Omni−0.017%7-day average — · you buy dearer than you sell

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

Long on Variational Omni Short on HTX

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

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Variational Omni CRWD	249.70	0	get 0.0000% / 8h	7h 51m	$67K	$60K	—
Short	HTX CRWD-USDT	249.66	0	get 0.0000% / 8h	7h 51m	$6K	$7K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

HTX against Variational Omni. 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 Variational OmnibpFee HTXbpOrdersPrice spread, now −0.017%Rate

Funding earned: $0
Price spread: −0.017% → 0.000%: −$1.65
Slippage, 4 orders: no order book: not counted
Fee Variational Omni: 0 bp × 2 orders: $0
Fee HTX: 6 bp × 2 orders: −$12
Net: −$13.65
Costs to cover: 0.120%
Break-even: never at this rate

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

Variational Omni and HTX: 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	−0.0141%	1h	249.15	−0.221%	$84K	$113K	10x	as long as short
BloFin CRWD-USDT	−0.0005%	8h	249.55	−0.061%	$72K	$25K	25x	as long as short
Aster CRWDUSDT	0.0000%	8h	249.27	−0.173%	$4K	$37K	20x	as long as short
Binance CRWDUSDT	0.0000%	8h	249.60	−0.042%	$2.4M	$6.8M	25x	as long as short
Bybit CRWDUSDT	0.0000%	8h	249.28	−0.169%	$1.2M	$665K	25x	as long as short
OKX CRWD-USDT-SWAP	0.0000%	8h	249.49	−0.085%	$620K	$644K	25x	as long as short
Bitget CRWDUSDT	0.0000%	8h	249.33	−0.149%	$292K	$417K	20x	as long as short
Variational Omni CRWDlong	0.0000%	8h	249.70	long leg	$67K	$60K	—
SunX CRWD-USDT	0.0000%	8h	249.51	−0.077%	$2K	$1.2M	10x	as long as short
HTX CRWD-USDTshort	0.0000%	8h	249.66	−0.017%	$6K	$7K	20x

Show all 18 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Phemex CRWDUSDT	0.0000%	8h	249.62	−0.033%	$1.5M	$197K	10x	as long as short
QFEX CRWD-USD	+0.0030%	1h	249.40	−0.121%	$1.2M	$3.0M	10x	as long as short
Extended CRWD_24_5-USD	+0.0048%	1h	249.11	−0.237%	$99K	—	10x	as long as short
KuCoin CRWDUSDTM	+0.0100%	8h	249.61	−0.037%	$35K	$469K	20x	as long as short
Injective CRWD/USDC PERP	+0.0220%	1h	238.48	−4.494%	$21K	$19K	12x	as long as short
Phoenix CRWD	+0.0321%	1h	249.28	−0.169%	$5	$140K	10x	as long as short
GRVT CRWD_USDT_Perp	+0.0441%	8h	249.41	−0.118%	$581	$108K	10x	as long as short
tradeXYZ xyz:CRWD	+0.0625%	1h	249.33	−0.149%	$866K	$655K	10x	as long as short