Funding arb · Price arb /

CL

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC+0.0353%/8h= +38.7% APRpaid last 24h +0.040%

Price spread now: Vest against Aster+0.009%47s7-day average −0.880% · you sell dearer than you buy

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

Long on Aster Short on Vest

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.036%+$4 on $10k

Price spread, last 4 days (all we have)+0.006%+$1 · spread now +0.009%, 7d avg −0.880%

Together, before fees+0.042%+ Points / potential airdropAster: Stage 5 · Vest: Active · farm board+$4 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$11 a day on $10k at the current rate, and Vest is 0.889% dearer against Aster than usual: you sell high and buy low: +$89 more if the spread goes back to its 7-day average of −0.880%. The two prices were read 47 seconds apart, so part of this spread may be the market moving, not a spread.

The current funding rate is far above what this pair has been paying: over the last 3 days it paid 0.036% in total (about 4.0% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aster CLUSD1	92.752	−0.0308	get 0.0154% / 4h	2h 23m	$23.9M	$73.8M	20x
Short	Vest CL-PERP	92.760	0.0046	get 0.0006% / 1h	23m 38s	—	$310K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Vest 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 VestbpOrdersPrice spread, now +0.009%Rate

Funding earned: $74.19
Price spread: +0.009% → −0.880%: $88.87
Slippage, 4 orders: no order book: not counted
Fee Aster: 4 bp × 2 orders: −$8
Fee Vest: 1 bp × 2 orders: −$2
Net: $153.06
Costs to cover: 0.100%
Break-even: from the start

Slippage unknown: Aster: live order book, 5 min ago; Vest: 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, 5 min ago	0.54 bp	4.5 bp −$5	4.7 bp −$47	doesn't fit	doesn't fit
Sell Vest no order-book sample	—	—	—	—	—

Vest: 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 35 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	−0.0720%	1h	92.680	−0.077%	$198K	$365K	15x	as long as short
Aster CLUSD1long	−0.0308%	4h	92.752	long leg	$23.9M	$73.8M	20x
GRVT CL_USDT_Perp	−0.0266%	4h	92.746	−0.006%	$53K	$631K	25x	as long as short
Binance CLUSDT	−0.0259%	4h	92.736	−0.017%	$244.1M	$980.7M	100x	as long as short
Variational Omni CL	−0.0256%	4h	92.710	−0.045%	$13.3M	$11.1M	—	as long as short
Gate CL_USDT	−0.0124%	8h	92.690	−0.067%	$20.8M	$53.6M	100x	as long as short
Nado WTI-PERP	−0.0056%	1h	92.799	+0.051%	$965K	$677K	10x	as long as short
tradeXYZ xyz:CL	−0.0055%	1h	92.746	−0.006%	$184.3M	$220.4M	20x	as long as short
Coinbase International WTIOIL-PERP-INTX	−0.0048%	1h	92.750	−0.002%	$402K	$946K	15x	as long as short
Ondo Perps WTI-USD.P	−0.0041%	1h	92.720	−0.034%	$3.5M	$5.7M	20x	as long as short

Show all 35 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Kraken Futures PF_WTIOILUSD	−0.0038%	1h	92.772	+0.022%	$270K	$878K	25x	as long as short
QFEX CL-USD	−0.0033%	1h	92.730	−0.023%	$2.5M	$1.7M	10x	as long as short
OKX CL-USDT-SWAP	−0.0018%	4h	92.720	−0.034%	$42.7M	$105.3M	50x	as long as short
dYdX WTI-USD	0.0000%	1h	92.757	+0.006%	$8K	$3K	5x	as long as short
Bybit CLUSDT	0.0000%	8h	92.750	−0.002%	$26.8M	$82.6M	150x	as long as short
Bitget CLUSDT	0.0000%	4h	92.731	−0.022%	$41.9M	$44.2M	100x	as long as short
Phoenix WTIOIL	0.0000%	1h	92.770	+0.020%	$37K	$51K	20x	as long as short
Bullet WTIOIL-USD	0.0000%	1h	92.736	−0.017%	$17K	$241K	10x	as long as short
gTrade (Gains Network) WTI/USD	L 0.0000% / S +0.0036%	1h	92.287	−0.501%	$5K	—	150x	as long as short
Paradex CL-USD-PERP	+0.0027%	8h	92.719	−0.035%	$16K	$367	5x	as long as short
Aftermath Perps WTIUSD	+0.0027%	1h	92.787	+0.038%	$2K	$28K	5x	as long as short
Lighter WTI	+0.0032%	1h	92.742	−0.010%	$11.2M	$10.3M	20x	as long as short
Extended WTI-USD	+0.0032%	1h	92.770	+0.020%	$2.1M	$24.7M	10x	as long as short
RISEx CL/USDC	+0.0037%	1h	92.859	+0.115%	$3.3M	$2.7M	20x	as long as short
edgeX CLUSDC	+0.0038%	4h	92.754	+0.002%	$533K	$297K	30x	as long as short
StandX CL-USD	+0.0040%	1h	92.360	−0.422%	$726K	$3.0M	40x	as long as short
Vest CL-PERPshort	+0.0046%	1h	92.760	+0.009%	—	$310K	10x
Polymarket Perps WTIOIL-USD	+0.0050%	1h	92.747	−0.005%	$1.6M	$1.3M	20x	as long as short
SoDEX CL-USD	+0.0050%	1h	92.717	−0.037%	$2.1M	$61K	20x	as long as short
KuCoin CLUSDTM	+0.0074%	4h	92.753	+0.001%	$7.2M	$2.3M	50x	as long as short
Pacifica CL	+0.0100%	1h	92.738	−0.015%	$331K	$618K	10x	as long as short
ApeX Omni CLUSDT	+0.0100%	1h	92.770	+0.020%	$56K	$265K	50x	as long as short
Aevo WTIOIL-PERP	+0.0104%	1h	92.705	−0.051%	$4K	—	10x	as long as short
GMX WTIOIL/USD [ETH-USDC]	L +0.0207% / S −0.0131%	1h	92.725	−0.029%	$78K	—	111x	as long as short
Injective WTI/USDC PERP	+0.0220%	1h	101.83	+9.791%	$19K	$11K	30x	as long as short