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: Binance against Aster−0.002%7-day average — · you buy dearer than you sell

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

Long on Aster Short on Binance

What this pair did over the last

the charts below follow

Funding, last 6 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

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aster CRWDUSDT	251.29	0	get 0.0000% / 8h	2h 26m	$4K	$37K	20x
Short	Binance CRWDUSDT	251.29	0	get 0.0000% / 8h	2h 26m	$2.5M	$7.0M	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against Aster. 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 AsterbpFee BinancebpOrdersPrice spread, now −0.002%Rate

Funding earned: $0
Price spread: −0.002% → 0.000%: −$0.2
Slippage, 4 orders: no order book: not counted
Fee Aster: 4 bp × 2 orders: −$8
Fee Binance: 5 bp × 2 orders: −$10
Net: −$18.2
Costs to cover: 0.180%
Break-even: never at this rate

Slippage unknown: Aster: no order-book sample; Binance: live order book, 12 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 Aster no order-book sample	—	—	—	—	—
Sell Binance live order book, 12 min ago	2.59 bp	17.6 bp −$18	64.9 bp −$649	doesn't fit	doesn't fit

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	246.46	−1.922%	$22K	$20K	12x	as long as short
Aster CRWDUSDTlong	0.0000%	8h	251.29	long leg	$4K	$37K	20x
Binance CRWDUSDTshort	0.0000%	8h	251.29	−0.002%	$2.5M	$7.0M	25x
Bybit CRWDUSDT	0.0000%	8h	251.20	−0.036%	$1.2M	$544K	25x	as long as short
OKX CRWD-USDT-SWAP	0.0000%	8h	250.69	−0.239%	$602K	$689K	25x	as long as short
Bitget CRWDUSDT	0.0000%	8h	251.15	−0.056%	$294K	$416K	20x	as long as short
Variational Omni CRWD	0.0000%	8h	250.86	−0.171%	$67K	$60K	—	as long as short
GRVT CRWD_USDT_Perp	0.0000%	8h	250.82	−0.186%	$1K	$121K	10x	as long as short
SunX CRWD-USDT	0.0000%	8h	251.01	−0.112%	$2K	$1.2M	10x	as long as short
HTX CRWD-USDT	0.0000%	8h	251.38	+0.035%	$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	251.14	−0.060%	$1.5M	$209K	10x	as long as short
BloFin CRWD-USDT	+0.0027%	8h	251.11	−0.072%	$72K	$24K	25x	as long as short
QFEX CRWD-USD	+0.0044%	1h	250.85	−0.175%	$1.2M	$2.6M	10x	as long as short
Extended CRWD_24_5-USD	+0.0048%	1h	250.91	−0.150%	$100K	—	10x	as long as short
KuCoin CRWDUSDTM	+0.0100%	8h	251.19	−0.040%	$34K	$299K	20x	as long as short
tradeXYZ xyz:CRWD	+0.0123%	1h	251.13	−0.064%	$876K	$666K	10x	as long as short
Paragon para:CRWD	+0.0129%	1h	250.99	−0.118%	$85K	$108K	10x	as long as short
Phoenix CRWD	+0.0160%	1h	250.98	−0.124%	$2	$106K	10x	as long as short