Funding arb · Price arb /

CL

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC−0.0268%/8h= −29.3% APRpaid last 24h −0.040%

Price spread now: Aster against dYdX−0.005%7-day average — · you buy dearer than you sell

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

Long on dYdX Short on Aster

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

The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$8 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	dYdX WTI-USD	93.733	0	get 0.0000% / 1h	36m 25s	$8K	$3K	5x
Short	Aster CLUSD1	93.728	−0.0268	pay 0.0134% / 4h	1h 36m	$24.5M	$65.3M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster against dYdX. 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 dYdXbpFee AsterbpOrdersPrice spread, now −0.005%Rate

Funding earned: −$56.23
Price spread: −0.005% → 0.000%: −$0.52
Slippage, 4 orders: no order book: not counted
Fee dYdX: 5 bp × 2 orders: −$10
Fee Aster: 4 bp × 2 orders: −$8
Net: −$74.76
Costs to cover: 0.180%
Break-even: never at this rate

Slippage unknown: dYdX: no order-book sample; Aster: live order book, 3 min ago. 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 dYdX no order-book sample	—	—	—	—	—
Sell Aster live order book, 3 min ago	0.53 bp	4.5 bp −$5	4.5 bp −$45	doesn't fit	doesn't fit

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	−0.0390%	1h	93.730	−0.003%	$197K	$382K	15x	as long as short
Aster CLUSD1short	−0.0268%	4h	93.728	−0.005%	$24.5M	$65.3M	20x
GRVT CL_USDT_Perp	−0.0246%	4h	93.610	−0.131%	$58K	$629K	25x	as long as short
Aftermath Perps WTIUSD	−0.0147%	1h	93.719	−0.015%	$2K	$26K	5x	as long as short
Binance CLUSDT	−0.0147%	4h	93.699	−0.037%	$246.6M	$920.2M	100x	as long as short
Kraken Futures PF_WTIOILUSD	−0.0137%	1h	93.766	+0.035%	$287K	$957K	25x	as long as short
Variational Omni CL	−0.0135%	4h	93.609	−0.133%	$13.5M	$10.6M	—	as long as short
Ondo Perps WTI-USD.P	−0.0110%	1h	93.650	−0.088%	$3.5M	$5.3M	20x	as long as short
Gate CL_USDT	−0.0102%	8h	93.620	−0.120%	$22.3M	$48.9M	100x	as long as short
Bitget CLUSDT	−0.0100%	4h	93.672	−0.065%	$42.2M	$42.1M	100x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
tradeXYZ xyz:CL	−0.0065%	1h	93.695	−0.040%	$185.1M	$206.6M	20x	as long as short
Nado WTI-PERP	−0.0057%	1h	93.742	+0.010%	$966K	$625K	10x	as long as short
QFEX CL-USD	−0.0023%	1h	93.670	−0.067%	$2.3M	$2.5M	10x	as long as short
edgeX CLUSDC	−0.0018%	4h	93.716	−0.018%	$527K	$305K	30x	as long as short
OKX CL-USDT-SWAP	−0.0014%	4h	93.690	−0.046%	$42.6M	$101.5M	50x	as long as short
Coinbase International WTIOIL-PERP-INTX	−0.0008%	1h	93.500	−0.248%	$404K	$916K	15x	as long as short
dYdX WTI-USDlong	0.0000%	1h	93.733	long leg	$8K	$3K	5x
Bybit CLUSDT	0.0000%	8h	93.715	−0.019%	$27.0M	$79.1M	150x	as long as short
RISEx CL/USDC	0.0000%	1h	93.749	+0.017%	$3.1M	$2.8M	20x	as long as short
Phoenix WTIOIL	0.0000%	1h	93.680	−0.056%	$37K	$39K	20x	as long as short
Bullet WTIOIL-USD	0.0000%	1h	93.697	−0.038%	$19K	$241K	10x	as long as short
gTrade (Gains Network) WTI/USD	L 0.0000% / S +0.0036%	1h	93.244	−0.522%	$5K	—	150x	as long as short
Paradex CL-USD-PERP	+0.0027%	8h	93.680	−0.057%	$16K	$367	5x	as long as short
Lighter WTI	+0.0032%	1h	93.691	−0.045%	$11.3M	$9.6M	20x	as long as short
Extended WTI-USD	+0.0032%	1h	93.730	−0.003%	$2.0M	$15.9M	10x	as long as short
StandX CL-USD	+0.0040%	1h	93.700	−0.035%	$743K	$2.8M	40x	as long as short
Vest CL-PERP	+0.0046%	1h	93.720	−0.014%	—	$313K	10x	as long as short
Polymarket Perps WTIOIL-USD	+0.0050%	1h	93.685	−0.051%	$1.7M	$1.3M	20x	as long as short
SoDEX CL-USD	+0.0050%	1h	93.750	+0.018%	$2.1M	$61K	20x	as long as short
Pacifica CL	+0.0100%	1h	93.698	−0.038%	$333K	$575K	10x	as long as short
KuCoin CLUSDTM	+0.0100%	4h	93.746	+0.014%	$7.1M	$2.4M	50x	as long as short
ApeX Omni CLUSDT	+0.0100%	1h	93.640	−0.099%	$54K	$266K	50x	as long as short
Aevo WTIOIL-PERP	+0.0104%	1h	93.726	−0.008%	$4K	—	10x	as long as short
Injective WTI/USDC PERP	+0.0220%	1h	102.97	+9.858%	$19K	$11K	30x	as long as short
BloFin CL-USDT	+0.0225%	4h	93.750	+0.018%	$4.0M	$978K	50x	as long as short
GMX WTIOIL/USD [ETH-USDC]	L +0.0247% / S −0.0181%	1h	93.695	−0.040%	$84K	—	111x	as long as short