Settings8H · net · $10k
Funding arb · Price arb /

CL

RWAall CL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0099%/8h= +10.8% APRnext payment +$0.49 per $10,000 · paid last 24h +0.008%
Price spread now: edgeX against Aster+0.009%7-day average −0.013% · you sell dearer than you buy
Net, funding: paid 7d − costs−$64as in the Funding arb table
Net, price: spread back to 7d avg − costs−$36as in the Price arb table
costs, in and out, $10k−$380.382% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.258%−$26 on $10k
Price spread, last 3 days (all we have)−0.026%−$3 · spread now +0.009%, 7d avg −0.013%
Together, before fees−0.284%+ Points / potential airdropAster: Stage 5 · edgeX: Active · farm board−$28 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and edgeX is 0.022% dearer against Aster than usual: you sell high and buy low: +$2 more if the spread goes back to its 7-day average of −0.013%. Mind the row above: over the last 7 days funding on this pair cost −0.258%, so the current rate has only just turned in your favour.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster CLUSD191.870−0.0043get 0.0022% / 4h1h 35m$23.9M$78.5M20x
ShortedgeX CLUSDC91.8790.0055get 0.0028% / 4h1h 35m$528K$341K30x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

edgeX 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

Funding earned
$20.7
Price spread: +0.009% → −0.013%
$2.22
Slippage, 4 orders
−$21.21
Fee Aster: 4 bp × 2 orders
−$8
Fee edgeX: 4.5 bp × 2 orders
−$9
Net
−$15.29
Costs to cover
0.382%
Break-even
12.2 days
Slippage from Aster: live order book, 4 min ago; edgeX: live order book, 48 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Aster live order book, 4 min ago0.55 bp4.5 bp −$55.8 bp −$5829.1 bp −$2,910doesn't fit
Sell edgeX live order book, 48 min ago10.06 bp14.6 bp −$1514.8 bp −$14823.2 bp −$2,323doesn't fit

CL on 36 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter WTI−0.0320%1h91.829−0.045%$11.0M$11.2M20xas long as short
Deribit WTIOIL_USDC-PERPETUAL−0.0294%1h91.8700.000%$95K$260K15xas long as short
Nado WTI-PERP−0.0202%1h91.926+0.061%$922K$759K10xas long as short
Aftermath Perps WTIUSD−0.0200%1h91.855−0.017%$2K$30K5xas long as short
Ondo Perps WTI-USD.P−0.0194%1h91.840−0.033%$3.5M$6.4M20xas long as short
tradeXYZ xyz:CL−0.0172%1h91.880+0.011%$185.0M$283.9M20xas long as short
Bullet WTIOIL-USD−0.0155%1h91.852−0.020%$19K$240K10xas long as short
ApeX Omni CLUSDT−0.0114%1h91.910+0.044%$55K$266K50xas long as short
Paradex CL-USD-PERP−0.0096%8h91.837−0.036%$15K$3675xas long as short
Extended WTI-USD−0.0056%1h91.920+0.054%$2.0M$29.1M10xas long as short
Show all 36 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GRVT CL_USDT_Perp−0.0050%4h91.830−0.044%$58K$726K25xas long as short
Aster CLUSD1long−0.0043%4h91.870long leg$23.9M$78.5M20x
Polymarket Perps WTIOIL-USD−0.0026%1h91.853−0.019%$1.6M$1.4M20xas long as short
dYdX WTI-USD0.0000%1h91.863−0.008%$8K$3K5xas long as short
Binance CLUSDT0.0000%4h91.854−0.018%$245.1M$1.12B100xas long as short
Bybit CLUSDT0.0000%8h91.873+0.003%$25.3M$97.5M150xas long as short
OKX CL-USDT-SWAP0.0000%4h91.860−0.011%$43.1M$114.3M50xas long as short
QFEX CL-USD0.0000%1h91.830−0.044%$2.4M$2.5M10xas long as short
Gate CL_USDT0.0000%8h91.800−0.076%$21.2M$59.0M100xas long as short
Bitget CLUSDT0.0000%4h91.855−0.016%$42.1M$58.2M100xas long as short
Variational Omni CL0.0000%4h91.834−0.039%$13.4M$13.6Mas long as short
gTrade (Gains Network) WTI/USDL 0.0000% / S +0.0036%1h91.452−0.455%$4K10xas long as short
Phoenix WTIOIL+0.0009%1h91.930+0.065%$37K$99K20xas long as short
StandX CL-USD+0.0025%1h91.840−0.033%$722K$3.1M40xas long as short
Vest CL-PERP+0.0046%1h91.960+0.098%$243K10xas long as short
SoDEX CL-USD+0.0050%1h91.855−0.016%$2.0M$39K20xas long as short
edgeX CLUSDCshort+0.0055%4h91.879+0.009%$528K$341K30x
Pacifica CL+0.0100%1h91.867−0.004%$330K$575K10xas long as short
KuCoin CLUSDTM+0.0100%4h91.884+0.015%$7.3M$2.1M50xas long as short
Aevo WTIOIL-PERP+0.0104%1h91.830−0.044%$4K10xas long as short
Coinbase International WTIOIL-PERP-INTX+0.0112%1h91.720−0.163%$384K$1.2M15xas long as short
Injective WTI/USDC PERP+0.0172%1h100.99+9.930%$19K$18K30xas long as short
GMX WTIOIL/USD [ETH-USDC]L +0.0203% / S −0.0127%1h91.845−0.027%$76K29xas long as short
BloFin CL-USDT+0.0240%4h91.850−0.022%$4.0M$1.5M50xas long as short
Kraken Futures PF_WTIOILUSD+0.0451%1h91.855−0.016%$256K$1.2M25xas long as short
RISEx CL/USDC+0.0977%1h91.968+0.107%$3.2M$2.8M20xas long as short