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−0.0240%/8h= −26.3% APRnext payment $1.20 per $10,000 · paid last 24h −0.083%
Price spread now: Aster against BloFin+0.054%82s7-day average +0.017% · you sell dearer than you buy
Net, funding: paid 7d − costs−$53as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$220.222% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.306%−$31 on $10k
Price spread, last 3 days (all we have)+0.223%+$22 · spread now +0.054%, 7d avg +0.017%
Together, before fees−0.083%+ Points / potential airdropAster: Stage 5 · farm board−$8 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Aster is 0.038% dearer against BloFin than usual: you sell high and buy low (spread +0.054% now, against its 7-day average of +0.017%): +$4 on $10k if it goes back. Holding the pair costs −$7 a day in funding at the current rate, which eats that in about 13 hours. The two prices were read 82 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin CL-USDT91.9600.0240pay 0.0120% / 4h2h 27m$4.0M$1.5M50x
ShortAster CLUSD192.0100get 0.0000% / 4h2h 27m$24.5M$77.0M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against BloFin. 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
−$50.4
Price spread: +0.054% → +0.017%
$3.75
Slippage, 4 orders
−$2.17
Fee BloFin: 6 bp × 2 orders
−$12
Fee Aster: 4 bp × 2 orders
−$8
Net
−$68.82
Costs to cover
0.222%
Break-even
never at this rate
Slippage from BloFin: live order book, 6 min ago; Aster: live order book, 1 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 BloFin live order book, 6 min ago0.54 bp6.5 bp −$78.5 bp −$8513.3 bp −$1,329doesn't fit
Sell Aster live order book, 1 min ago0.54 bp4.5 bp −$55.3 bp −$53doesn't fitdoesn't fit

CL on 35 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
QFEX CL-USD−0.0019%1h92.000+0.043%$2.4M$2.9M10xas long as short
Aster CLUSD1short0.0000%4h92.010+0.054%$24.5M$77.0M20x
dYdX WTI-USD0.0000%1h91.992+0.035%$8K$3K5xas long as short
Binance CLUSDT0.0000%4h91.990+0.033%$246.6M$1.14B100xas long as short
Bybit CLUSDT0.0000%8h91.980+0.022%$25.4M$100.3M150xas long as short
OKX CL-USDT-SWAP0.0000%4h91.980+0.022%$43.1M$117.1M50xas long as short
Gate CL_USDT0.0000%8h91.930−0.033%$21.2M$63.1M100xas long as short
Bitget CLUSDT0.0000%4h91.977+0.018%$42.2M$69.5M100xas long as short
Variational Omni CL0.0000%4h92.001+0.044%$13.6M$16.2Mas long as short
GRVT CL_USDT_Perp0.0000%4h91.980+0.022%$58K$782K25xas long as short
Show all 35 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Deribit WTIOIL_USDC-PERPETUAL0.0000%1h92.010+0.054%$95K$315K15xas long as short
Aftermath Perps WTIUSD+0.0001%1h91.976+0.017%$2K$31K5xas long as short
Phoenix WTIOIL+0.0009%1h92.000+0.043%$33K$99K20xas long as short
Lighter WTI+0.0032%1h91.954−0.007%$11.0M$12.3M20xas long as short
Extended WTI-USD+0.0032%1h92.022+0.067%$2.0M$29.8M10xas long as short
Injective WTI/USDC PERP+0.0033%1h92.044+0.091%$17K$18K30xas long as short
edgeX CLUSDC+0.0034%4h91.967+0.007%$529K$343K30xas long as short
Kraken Futures PF_WTIOILUSD+0.0040%1h92.023+0.068%$258K$1.4M25xas long as short
StandX CL-USD+0.0040%1h91.990+0.033%$726K$3.0M40xas long as short
Coinbase International WTIOIL-PERP-INTX+0.0040%1h92.080+0.130%$393K$1.3M15xas long as short
Vest CL-PERP+0.0046%1h92.020+0.065%$243K10xas long as short
Bullet WTIOIL-USD+0.0048%1h91.992+0.035%$18K$241K10xas long as short
Polymarket Perps WTIOIL-USD+0.0050%1h91.992+0.035%$1.6M$1.4M20xas long as short
SoDEX CL-USD+0.0050%1h91.985+0.027%$2.0M$42K20xas long as short
Ondo Perps WTI-USD.P+0.0050%1h91.930−0.033%$3.5M$6.5M20xas long as short
Pacifica CL+0.0100%1h91.987+0.029%$332K$573K10xas long as short
KuCoin CLUSDTM+0.0100%4h91.976+0.017%$7.4M$2.1M50xas long as short
ApeX Omni CLUSDT+0.0100%1h92.070+0.120%$55K$265K50xas long as short
Paradex CL-USD-PERP+0.0104%8h91.956−0.005%$15K$3675xas long as short
Aevo WTIOIL-PERP+0.0104%1h91.971+0.012%$4K$4910xas long as short
tradeXYZ xyz:CL+0.0121%1h91.987+0.029%$182.4M$296.3M20xas long as short
Nado WTI-PERP+0.0177%1h91.997+0.041%$879K$792K10xas long as short
GMX WTIOIL/USD [ETH-USDC]L +0.0212% / S −0.0127%1h92.005+0.049%$76K29xas long as short
BloFin CL-USDTlong+0.0240%4h91.960long leg$4.0M$1.5M50x
RISEx CL/USDC+0.0266%1h92.132+0.188%$3.2M$2.7M20xas long as short