Funding arb · Price arb /

CL

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0005%/8h= +0.5% APRpaid last 24h +0.017%

Price spread now: edgeX against Aftermath Perps−0.007%7-day average — · you buy dearer than you sell

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

Long on Aftermath Perps Short on edgeX

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 airdropedgeX: Active · farm boardneeds both histories

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aftermath Perps WTIUSD	93.098	−0.0084	get 0.0011% / 1h	44m 53s	$2K	$27K	5x
Short	edgeX CLUSDC	93.092	−0.0080	pay 0.0040% / 4h	44m 53s	$530K	$302K	30x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

edgeX against Aftermath Perps. 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 Aftermath PerpsbpFee edgeXbpOrdersPrice spread, now −0.007%Rate

Funding earned: $1
Price spread: −0.007% → 0.000%: −$0.68
Slippage, 4 orders: no order book: not counted
Fee Aftermath Perps: 4.5 bp × 2 orders: −$9
Fee edgeX: 4.5 bp × 2 orders: −$9
Net: −$17.68
Costs to cover: 0.180%
Break-even: 130.7 days

Slippage unknown: Aftermath Perps: no order-book sample; edgeX: live order book, 14 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 Aftermath Perps no order-book sample	—	—	—	—	—
Sell edgeX live order book, 14 min ago	10.05 bp	14.5 bp −$15	14.9 bp −$149	22.3 bp −$2,231	doesn't fit

Aftermath Perps: 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.

CL on 36 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
Deribit WTIOIL_USDC-PERPETUAL	−0.0501%	1h	93.120	+0.023%	$199K	$370K	15x	as long as short
Aster CLUSD1	−0.0251%	4h	93.170	+0.077%	$24.0M	$67.7M	20x	as long as short
GRVT CL_USDT_Perp	−0.0242%	4h	93.128	+0.031%	$54K	$635K	25x	as long as short
Kraken Futures PF_WTIOILUSD	−0.0195%	1h	93.177	+0.084%	$274K	$872K	25x	as long as short
Binance CLUSDT	−0.0194%	4h	93.145	+0.051%	$244.9M	$951.1M	100x	as long as short
Variational Omni CL	−0.0184%	4h	93.098	−0.001%	$13.5M	$11.0M	—	as long as short
tradeXYZ xyz:CL	−0.0108%	1h	93.147	+0.052%	$185.0M	$216.2M	20x	as long as short
Ondo Perps WTI-USD.P	−0.0095%	1h	93.080	−0.020%	$3.5M	$5.6M	20x	as long as short
Aftermath Perps WTIUSDlong	−0.0084%	1h	93.098	long leg	$2K	$27K	5x
edgeX CLUSDCshort	−0.0080%	4h	93.092	−0.007%	$530K	$302K	30x

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bitget CLUSDT	−0.0072%	4h	93.135	+0.039%	$42.0M	$43.8M	100x	as long as short
OKX CL-USDT-SWAP	−0.0069%	4h	93.150	+0.056%	$42.6M	$102.9M	50x	as long as short
Gate CL_USDT	−0.0050%	8h	93.110	+0.013%	$20.9M	$51.3M	100x	as long as short
Coinbase International WTIOIL-PERP-INTX	−0.0048%	1h	92.750	−0.374%	$402K	$944K	15x	as long as short
QFEX CL-USD	−0.0043%	1h	93.130	+0.034%	$2.5M	$1.7M	10x	as long as short
Nado WTI-PERP	−0.0026%	1h	93.204	+0.113%	$963K	$653K	10x	as long as short
Lighter WTI	−0.0016%	1h	93.149	+0.054%	$11.2M	$10.5M	20x	as long as short
Extended WTI-USD	−0.0016%	1h	93.190	+0.098%	$2.1M	$21.3M	10x	as long as short
dYdX WTI-USD	0.0000%	1h	93.113	+0.015%	$8K	$3K	5x	as long as short
Bybit CLUSDT	0.0000%	8h	93.180	+0.088%	$26.9M	$80.7M	150x	as long as short
RISEx CL/USDC	0.0000%	1h	93.228	+0.139%	$3.1M	$2.9M	20x	as long as short
KuCoin CLUSDTM	0.0000%	4h	93.154	+0.060%	$7.1M	$2.4M	50x	as long as short
Phoenix WTIOIL	0.0000%	1h	93.180	+0.088%	$37K	$42K	20x	as long as short
Bullet WTIOIL-USD	0.0000%	1h	93.157	+0.063%	$18K	$241K	10x	as long as short
gTrade (Gains Network) WTI/USD	L 0.0000% / S +0.0036%	1h	92.712	−0.415%	$5K	—	150x	as long as short
Paradex CL-USD-PERP	+0.0015%	8h	93.131	+0.035%	$16K	$367	5x	as long as short
StandX CL-USD	+0.0040%	1h	93.140	+0.045%	$735K	$2.9M	40x	as long as short
Vest CL-PERP	+0.0046%	1h	93.160	+0.066%	—	$310K	10x	as long as short
Polymarket Perps WTIOIL-USD	+0.0050%	1h	93.168	+0.075%	$1.6M	$1.3M	20x	as long as short
SoDEX CL-USD	+0.0050%	1h	93.141	+0.046%	$2.1M	$60K	20x	as long as short
Pacifica CL	+0.0068%	1h	93.156	+0.062%	$329K	$622K	10x	as long as short
ApeX Omni CLUSDT	+0.0100%	1h	93.090	−0.009%	$56K	$266K	50x	as long as short
Aevo WTIOIL-PERP	+0.0104%	1h	93.121	+0.025%	$4K	—	10x	as long as short
BloFin CL-USDT	+0.0171%	4h	93.150	+0.056%	$4.0M	$1.1M	50x	as long as short
GMX WTIOIL/USD [ETH-USDC]	L +0.0210% / S −0.0134%	1h	93.155	+0.061%	$79K	—	111x	as long as short
Injective WTI/USDC PERP	+0.0220%	1h	102.31	+9.897%	$19K	$11K	30x	as long as short