Funding arb · Price arb /

CRWD

RWAall CRWD markets

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: SunX against Variational Omni−0.004%45s7-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 SunX

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—+ 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	250.86	0	get 0.0000% / 8h	2h 28m	$67K	$60K	—
Short	SunX CRWD-USDT	250.85	0	get 0.0000% / 8h	2h 28m	$2K	$1.2M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SunX 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 SunXbpOrdersPrice spread, now −0.004%Rate

Funding earned: $0
Price spread: −0.004% → 0.000%: −$0.44
Slippage, 4 orders: no order book: not counted
Fee Variational Omni: 0 bp × 2 orders: $0
Fee SunX: 4 bp × 2 orders: −$8
Net: −$8.44
Costs to cover: 0.080%
Break-even: never at this rate

Slippage unknown: Variational Omni: no order-book sample; SunX: live order book, 5 min ago. 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 SunX live order book, 5 min ago	500.19 bp	doesn't fit	doesn't fit	doesn't fit	doesn't fit

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 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	246.46	−1.754%	$22K	$20K	12x	as long as short
BloFin CRWD-USDT	−0.0018%	8h	250.86	0.000%	$72K	$24K	25x	as long as short
Aster CRWDUSDT	0.0000%	8h	250.84	−0.007%	$4K	$37K	20x	as long as short
Binance CRWDUSDT	0.0000%	8h	250.80	−0.024%	$2.5M	$7.0M	25x	as long as short
Bybit CRWDUSDT	0.0000%	8h	250.78	−0.032%	$1.2M	$544K	25x	as long as short
OKX CRWD-USDT-SWAP	0.0000%	8h	250.44	−0.168%	$601K	$688K	25x	as long as short
Bitget CRWDUSDT	0.0000%	8h	250.62	−0.096%	$293K	$416K	20x	as long as short
Variational Omni CRWDlong	0.0000%	8h	250.86	long leg	$67K	$60K	—
GRVT CRWD_USDT_Perp	0.0000%	8h	250.83	−0.011%	$1K	$121K	10x	as long as short
SunX CRWD-USDTshort	0.0000%	8h	250.85	−0.004%	$2K	$1.2M	10x

Show all 18 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
HTX CRWD-USDT	0.0000%	8h	250.93	+0.027%	$6K	$7K	20x	as long as short
Phemex CRWDUSDT	0.0000%	8h	250.82	−0.016%	$1.5M	$209K	10x	as long as short
QFEX CRWD-USD	+0.0044%	1h	250.74	−0.048%	$1.2M	$2.6M	10x	as long as short
Extended CRWD_24_5-USD	+0.0048%	1h	250.54	−0.126%	$100K	—	10x	as long as short
KuCoin CRWDUSDTM	+0.0100%	8h	250.65	−0.084%	$34K	$302K	20x	as long as short
Paragon para:CRWD	+0.0135%	1h	250.45	−0.162%	$84K	$108K	10x	as long as short
tradeXYZ xyz:CRWD	+0.0135%	1h	250.70	−0.064%	$875K	$666K	10x	as long as short
Phoenix CRWD	+0.0160%	1h	250.47	−0.156%	$8	$106K	10x	as long as short