Funding arb · Price arb /

CRWD

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.051%

Price spread now: Aster against Bybit+0.064%7-day average — · you sell dearer than you buy

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

Long on Bybit 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 0.064% dearer against Bybit than usual: you sell high and buy low, +$6 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	Bybit CRWDUSDT	248.60	0	get 0.0000% / 8h	39m 10s	$1.2M	$678K	25x
Short	Aster CRWDUSDT	248.76	0	get 0.0000% / 8h	39m 10s	$4K	$37K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster against Bybit. 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 BybitbpFee AsterbpOrdersPrice spread, now +0.064%Rate

Funding earned: $0
Price spread: +0.064% → 0.000%: $6.43
Slippage, 4 orders: no order book: not counted
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee Aster: 4 bp × 2 orders: −$8
Net: −$12.57
Costs to cover: 0.190%
Break-even: never at this rate

Slippage unknown: Bybit: live order book, 1 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 Bybit live order book, 1 min ago	1.81 bp	114.8 bp −$115	206.9 bp −$2,069	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
BloFin CRWD-USDT	−0.0026%	8h	248.80	+0.080%	$73K	$25K	25x	as long as short
Aster CRWDUSDTshort	0.0000%	8h	248.76	+0.064%	$4K	$37K	20x
Binance CRWDUSDT	0.0000%	8h	248.85	+0.101%	$2.4M	$7.0M	25x	as long as short
Bybit CRWDUSDTlong	0.0000%	8h	248.60	long leg	$1.2M	$678K	25x
OKX CRWD-USDT-SWAP	0.0000%	8h	248.96	+0.145%	$621K	$724K	25x	as long as short
Bitget CRWDUSDT	0.0000%	8h	248.74	+0.056%	$291K	$490K	20x	as long as short
Variational Omni CRWD	0.0000%	8h	248.88	+0.112%	$67K	$61K	—	as long as short
GRVT CRWD_USDT_Perp	0.0000%	8h	248.82	+0.089%	$438	$122K	10x	as long as short
SunX CRWD-USDT	0.0000%	8h	248.68	+0.032%	$2K	$1.3M	10x	as long as short
HTX CRWD-USDT	0.0000%	8h	249.04	+0.177%	$6K	$8K	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	248.88	+0.113%	$1.5M	$204K	10x	as long as short
QFEX CRWD-USD	+0.0028%	1h	248.81	+0.084%	$1.2M	$2.9M	10x	as long as short
Extended CRWD_24_5-USD	+0.0048%	1h	248.56	−0.017%	$99K	—	10x	as long as short
tradeXYZ xyz:CRWD	+0.0050%	1h	248.70	+0.040%	$866K	$654K	10x	as long as short
KuCoin CRWDUSDTM	+0.0100%	8h	248.70	+0.040%	$35K	$496K	20x	as long as short
Injective CRWD/USDC PERP	+0.0220%	1h	251.45	+1.146%	$15K	$102	12x	as long as short
Paragon para:CRWD	+0.0225%	1h	248.66	+0.024%	$84K	$113K	10x	as long as short
Phoenix CRWD	+0.0257%	1h	248.76	+0.064%	$4	$155K	10x	as long as short