Funding arb · Price arb /

CL

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC+0.0046%/8h= +5.0% APRpaid last 24h +0.015%

Price spread now: Vest against Bitget+0.008%7-day average −0.896% · you sell dearer than you buy

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

Long on Bitget Short on Vest

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.040%+$4 on $10k

Price spread, last 3 days (all we have)−0.123%−$12 · spread now +0.008%, 7d avg −0.896%

Together, before fees−0.083%+ Points / potential airdropVest: Active · farm board−$8 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Vest is 0.903% dearer against Bitget than usual: you sell high and buy low: +$90 more if the spread goes back to its 7-day average of −0.896%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget CLUSDT	92.273	0	get 0.0000% / 4h	3h 59m	$42.0M	$51.5M	100x
Short	Vest CL-PERP	92.280	0.0046	get 0.0006% / 1h	59m 05s	—	$308K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Vest against Bitget. 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 BitgetbpFee VestbpOrdersPrice spread, now +0.008%Rate

Funding earned: $9.59
Price spread: +0.008% → −0.896%: $90.32
Slippage, 4 orders: no order book: not counted
Fee Bitget: 6 bp × 2 orders: −$12
Fee Vest: 1 bp × 2 orders: −$2
Net: $85.92
Costs to cover: 0.140%
Break-even: from the start

Slippage unknown: Bitget: live order book, 10 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 Bitget live order book, 10 min ago	0.38 bp	7.8 bp −$8	9.2 bp −$92	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 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
GRVT CL_USDT_Perp	−0.0328%	4h	92.193	−0.086%	$58K	$702K	25x	as long as short
Aster CLUSD1	−0.0299%	4h	92.257	−0.017%	$23.9M	$77.4M	20x	as long as short
Binance CLUSDT	−0.0223%	4h	92.240	−0.036%	$244.5M	$1.08B	100x	as long as short
Variational Omni CL	−0.0206%	4h	92.193	−0.087%	$13.2M	$12.7M	—	as long as short
Deribit WTIOIL_USDC-PERPETUAL	−0.0183%	1h	92.260	−0.014%	$96K	$189K	15x	as long as short
Nado WTI-PERP	−0.0131%	1h	92.294	+0.023%	$925K	$733K	10x	as long as short
Kraken Futures PF_WTIOILUSD	−0.0120%	1h	92.278	+0.005%	$273K	$1.2M	25x	as long as short
QFEX CL-USD	−0.0054%	1h	92.240	−0.036%	$2.4M	$2.3M	10x	as long as short
Lighter WTI	−0.0048%	1h	92.256	−0.018%	$11.2M	$9.9M	20x	as long as short
Coinbase International WTIOIL-PERP-INTX	−0.0040%	1h	92.030	−0.263%	$399K	$962K	15x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Gate CL_USDT	−0.0033%	8h	92.170	−0.112%	$21.3M	$53.9M	100x	as long as short
Paradex CL-USD-PERP	−0.0031%	8h	92.224	−0.053%	$15K	$367	5x	as long as short
Ondo Perps WTI-USD.P	−0.0027%	1h	92.180	−0.101%	$3.5M	$6.4M	20x	as long as short
Pacifica CL	−0.0020%	1h	92.246	−0.029%	$353K	$596K	10x	as long as short
dYdX WTI-USD	0.0000%	1h	92.269	−0.004%	$8K	$3K	5x	as long as short
Bybit CLUSDT	0.0000%	8h	92.234	−0.042%	$26.0M	$94.3M	150x	as long as short
OKX CL-USDT-SWAP	0.0000%	4h	92.210	−0.068%	$42.9M	$111.5M	50x	as long as short
RISEx CL/USDC	0.0000%	1h	92.356	+0.090%	$3.3M	$2.7M	20x	as long as short
Bitget CLUSDTlong	0.0000%	4h	92.273	long leg	$42.0M	$51.5M	100x
Phoenix WTIOIL	0.0000%	1h	92.300	+0.029%	$37K	$66K	20x	as long as short
Bullet WTIOIL-USD	0.0000%	1h	92.246	−0.029%	$18K	$241K	10x	as long as short
gTrade (Gains Network) WTI/USD	L 0.0000% / S +0.0036%	1h	91.816	−0.495%	$5K	—	150x	as long as short
tradeXYZ xyz:CL	+0.0019%	1h	92.241	−0.035%	$186.1M	$267.3M	20x	as long as short
edgeX CLUSDC	+0.0021%	4h	92.241	−0.034%	$530K	$326K	30x	as long as short
Extended WTI-USD	+0.0032%	1h	92.290	+0.018%	$2.0M	$26.6M	10x	as long as short
StandX CL-USD	+0.0040%	1h	92.210	−0.068%	$721K	$3.1M	40x	as long as short
Vest CL-PERPshort	+0.0046%	1h	92.280	+0.008%	—	$308K	10x
Polymarket Perps WTIOIL-USD	+0.0050%	1h	92.259	−0.015%	$1.6M	$1.4M	20x	as long as short
SoDEX CL-USD	+0.0050%	1h	92.246	−0.029%	$2.0M	$39K	20x	as long as short
KuCoin CLUSDTM	+0.0100%	4h	92.251	−0.024%	$7.3M	$2.2M	50x	as long as short
ApeX Omni CLUSDT	+0.0100%	1h	92.220	−0.057%	$56K	$265K	50x	as long as short
Aevo WTIOIL-PERP	+0.0104%	1h	92.225	−0.052%	$4K	—	10x	as long as short
GMX WTIOIL/USD [ETH-USDC]	L +0.0205% / S −0.0130%	1h	92.255	−0.020%	$77K	—	111x	as long as short
Injective WTI/USDC PERP	+0.0220%	1h	101.34	+9.822%	$19K	$11K	30x	as long as short
BloFin CL-USDT	+0.0240%	4h	92.220	−0.057%	$4.0M	$1.4M	50x	as long as short
Aftermath Perps WTIUSD	+0.0514%	1h	92.256	−0.019%	$2K	$29K	5x	as long as short