Funding arb · Price arb /

CL

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC+0.0220%/8h= +24.0% APRpaid last 24h +0.052%

Price spread now: dYdX against Aster+0.570%89s7-day average — · you sell dearer than you buy

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

Long on Aster Short on dYdX

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

Both sides work for this trade now. Funding pays +$7 a day on $10k at the current rate, and dYdX is 0.570% dearer against Aster than usual: you sell high and buy low: +$57 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 89 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aster CLUSD1	91.190	−0.0220	get 0.0110% / 4h	3h 12m	$24.6M	$59.4M	20x
Short	dYdX WTI-USD	91.710	0	get 0.0000% / 1h	12m 08s	$8K	$3K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

dYdX 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 dYdXbpOrdersPrice spread, now +0.570%Rate

Funding earned: $46.12
Price spread: +0.570% → 0.000%: $57
Slippage, 4 orders: no order book: not counted
Fee Aster: 4 bp × 2 orders: −$8
Fee dYdX: 5 bp × 2 orders: −$10
Net: $85.11
Costs to cover: 0.180%
Break-even: from the start

Slippage unknown: Aster: live order book, 2 min ago; dYdX: 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 Aster live order book, 2 min ago	1.64 bp	5.6 bp −$6	5.6 bp −$56	doesn't fit	doesn't fit
Sell dYdX no order-book sample	—	—	—	—	—

dYdX: 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	−0.0628%	1h	91.050	−0.153%	$182K	$415K	15x	as long as short
Kraken Futures PF_WTIOILUSD	−0.0319%	1h	91.199	+0.010%	$255K	$943K	25x	as long as short
Aster CLUSD1long	−0.0220%	4h	91.190	long leg	$24.6M	$59.4M	20x
Binance CLUSDT	−0.0131%	4h	91.120	−0.077%	$245.8M	$960.5M	100x	as long as short
GRVT CL_USDT_Perp	−0.0114%	4h	91.881	+0.758%	$73K	$611K	25x	as long as short
Gate CL_USDT	−0.0105%	8h	91.070	−0.132%	$23.5M	$51.3M	100x	as long as short
Nado WTI-PERP	−0.0100%	1h	91.341	+0.165%	$938K	$599K	10x	as long as short
Variational Omni CL	−0.0099%	4h	91.922	+0.802%	$13.4M	$10.8M	—	as long as short
Bitget CLUSDT	−0.0094%	4h	91.121	−0.076%	$41.5M	$43.0M	100x	as long as short
OKX CL-USDT-SWAP	−0.0052%	4h	91.130	−0.066%	$42.1M	$104.4M	50x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aftermath Perps WTIUSD	−0.0052%	1h	92.006	+0.895%	$1K	$27K	5x	as long as short
edgeX CLUSDC	−0.0046%	4h	91.941	+0.824%	$536K	$343K	30x	as long as short
QFEX CL-USD	−0.0026%	1h	91.310	+0.132%	$2.2M	$2.5M	10x	as long as short
tradeXYZ xyz:CL	−0.0016%	1h	91.125	−0.071%	$180.9M	$194.1M	20x	as long as short
dYdX WTI-USDshort	0.0000%	1h	91.710	+0.570%	$8K	$3K	5x
Bybit CLUSDT	0.0000%	8h	91.100	−0.099%	$26.2M	$85.7M	150x	as long as short
RISEx CL/USDC	0.0000%	1h	91.305	+0.127%	$3.0M	$2.8M	20x	as long as short
Bullet WTIOIL-USD	0.0000%	1h	91.218	+0.031%	$18K	$239K	10x	as long as short
gTrade (Gains Network) WTI/USD	L 0.0000% / S +0.0036%	1h	90.749	−0.484%	$5K	—	150x	as long as short
Phoenix WTIOIL	+0.0009%	1h	91.700	+0.559%	$36K	$39K	20x	as long as short
Lighter WTI	+0.0016%	1h	91.155	−0.038%	$11.1M	$9.0M	20x	as long as short
Coinbase International WTIOIL-PERP-INTX	+0.0016%	1h	91.120	−0.077%	$398K	$986K	15x	as long as short
Paradex CL-USD-PERP	+0.0016%	8h	91.285	+0.104%	$15K	$367	5x	as long as short
Ondo Perps WTI-USD.P	+0.0029%	1h	91.300	+0.121%	$3.6M	$5.1M	20x	as long as short
Extended WTI-USD	+0.0032%	1h	91.210	+0.022%	$1.7M	$13.8M	10x	as long as short
StandX CL-USD	+0.0040%	1h	91.800	+0.669%	$720K	$2.8M	40x	as long as short
Vest CL-PERP	+0.0046%	1h	91.350	+0.176%	—	$313K	10x	as long as short
Polymarket Perps WTIOIL-USD	+0.0050%	1h	91.315	+0.137%	$1.6M	$1.2M	20x	as long as short
SoDEX CL-USD	+0.0050%	1h	91.145	−0.049%	$2.0M	$69K	20x	as long as short
Pacifica CL	+0.0100%	1h	91.344	+0.169%	$338K	$574K	10x	as long as short
KuCoin CLUSDTM	+0.0100%	4h	91.176	−0.015%	$6.9M	$2.5M	50x	as long as short
ApeX Omni CLUSDT	+0.0100%	1h	91.930	+0.812%	$53K	$266K	50x	as long as short
Aevo WTIOIL-PERP	+0.0104%	1h	91.109	−0.089%	$4K	—	10x	as long as short
GMX WTIOIL/USD [ETH-USDC]	L +0.0165% / S −0.0002%	1h	91.155	−0.038%	$78K	—	111x	as long as short
BloFin CL-USDT	+0.0190%	4h	91.500	+0.340%	$4.0M	$1.0M	50x	as long as short
Injective WTI/USDC PERP	+0.0220%	1h	102.13	+12.001%	$19K	$5K	30x	as long as short