This paper gives a quantitative account of the influence of slipstream on the aerodynamic performance of a contrarotating propeller (CRP)/wing system, and compares it with the CRP and clean wing. To accurately evaluate the complex aerodynamic interaction, the unsteady Reynolds-averaged Navier–Stokes approach using the sliding mesh method is performed at a typical freestream velocity of 30 m/s. Four different critical parameters, including the freestream angle of attack (AoA), axial spacing between the front propeller (FP) and rear propeller (RP), number of blades, and rotational speed, are considered in the present work. The results show that the thrust coefficient, power coefficient, and propulsion efficiency of the CRP/wing system change sharply and the difference in amplitude between adjacent waves is large. In particular, the propeller slipstream has a significant impact on the lift–drag performance of the wing in the case of a nonzero AoA. The presence of a wing also increases the efficiency of propulsion due to the recovery of vortices. In the case of a small axial spacing, the thrust coefficient value of the FP is significantly smaller than that of the RP. However, when the axial spacing exceeds a certain value, the opposite relationship is obtained. When the rotational speed increases from 3695 RPM to 8867 RPM, the lift coefficient and drag coefficient of the wing gradually increase.