Funding arb · Price arb /

CL

RWAall CL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC+0.0143%/8h= +15.7% APRpaid last 24h +0.009%

Price spread now: Aftermath Perps against GRVT+0.054%67s7-day average — · you sell dearer than you buy

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

Long on GRVT Short on Aftermath Perps

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropGRVT: Active · farm boardneeds both histories

Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and Aftermath Perps is 0.054% dearer against GRVT than usual: you sell high and buy low: +$5 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 67 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	GRVT CL_USDT_Perp	93.402	−0.0300	get 0.0150% / 4h	2h 18m	$58K	$629K	25x
Short	Aftermath Perps WTIUSD	93.452	−0.0157	pay 0.0020% / 1h	18m 21s	$2K	$26K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aftermath Perps against GRVT. 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 GRVTbpFee Aftermath PerpsbpOrdersPrice spread, now +0.054%Rate

Funding earned: $30.04
Price spread: +0.054% → 0.000%: $5.37
Slippage, 4 orders: no order book: not counted
Fee GRVT: 4.5 bp × 2 orders: −$9
Fee Aftermath Perps: 4.5 bp × 2 orders: −$9
Net: $17.41
Costs to cover: 0.180%
Break-even: 2.9 days

Slippage unknown: GRVT: live order book, 30 min ago; Aftermath Perps: 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 GRVT live order book, 30 min ago	0.54 bp	10.7 bp −$11	13.8 bp −$138	doesn't fit	doesn't fit
Sell Aftermath Perps no order-book sample	—	—	—	—	—

Aftermath Perps: 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	−0.0392%	1h	93.420	+0.019%	$197K	$376K	15x	as long as short
GRVT CL_USDT_Perplong	−0.0300%	4h	93.402	long leg	$58K	$629K	25x
Aster CLUSD1	−0.0292%	4h	93.476	+0.079%	$24.4M	$64.9M	20x	as long as short
Kraken Futures PF_WTIOILUSD	−0.0204%	1h	93.463	+0.066%	$285K	$958K	25x	as long as short
Binance CLUSDT	−0.0184%	4h	93.460	+0.062%	$246.1M	$932.7M	100x	as long as short
Variational Omni CL	−0.0174%	4h	93.399	−0.004%	$13.4M	$10.9M	—	as long as short
Aftermath Perps WTIUSDshort	−0.0157%	1h	93.452	+0.054%	$2K	$26K	5x
Bitget CLUSDT	−0.0128%	4h	93.431	+0.031%	$42.1M	$42.8M	100x	as long as short
Nado WTI-PERP	−0.0125%	1h	93.483	+0.086%	$967K	$615K	10x	as long as short
Ondo Perps WTI-USD.P	−0.0096%	1h	93.410	+0.008%	$3.5M	$5.4M	20x	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	−0.0077%	8h	93.390	−0.013%	$21.9M	$50.0M	100x	as long as short
tradeXYZ xyz:CL	−0.0070%	1h	93.432	+0.032%	$184.8M	$213.5M	20x	as long as short
OKX CL-USDT-SWAP	−0.0051%	4h	93.440	+0.041%	$42.7M	$102.9M	50x	as long as short
Coinbase International WTIOIL-PERP-INTX	−0.0040%	1h	93.500	+0.105%	$404K	$931K	15x	as long as short
QFEX CL-USD	−0.0032%	1h	93.440	+0.041%	$2.3M	$2.5M	10x	as long as short
edgeX CLUSDC	−0.0010%	4h	93.378	−0.026%	$525K	$306K	30x	as long as short
dYdX WTI-USD	0.0000%	1h	93.495	+0.099%	$8K	$3K	5x	as long as short
Bybit CLUSDT	0.0000%	8h	93.460	+0.062%	$27.2M	$79.6M	150x	as long as short
RISEx CL/USDC	0.0000%	1h	93.495	+0.100%	$3.1M	$2.9M	20x	as long as short
Phoenix WTIOIL	0.0000%	1h	93.470	+0.073%	$38K	$41K	20x	as long as short
Bullet WTIOIL-USD	0.0000%	1h	93.450	+0.051%	$18K	$240K	10x	as long as short
gTrade (Gains Network) WTI/USD	L 0.0000% / S +0.0036%	1h	92.989	−0.442%	$5K	—	150x	as long as short
Paradex CL-USD-PERP	+0.0012%	8h	93.441	+0.042%	$16K	$367	5x	as long as short
Lighter WTI	+0.0016%	1h	93.458	+0.060%	$11.2M	$9.9M	20x	as long as short
Extended WTI-USD	+0.0032%	1h	93.470	+0.073%	$2.0M	$17.1M	10x	as long as short
StandX CL-USD	+0.0040%	1h	93.470	+0.073%	$740K	$2.8M	40x	as long as short
Vest CL-PERP	+0.0046%	1h	93.450	+0.051%	—	$313K	10x	as long as short
Pacifica CL	+0.0047%	1h	93.460	+0.061%	$332K	$577K	10x	as long as short
Polymarket Perps WTIOIL-USD	+0.0050%	1h	93.440	+0.041%	$1.7M	$1.3M	20x	as long as short
SoDEX CL-USD	+0.0050%	1h	93.442	+0.043%	$2.1M	$60K	20x	as long as short
KuCoin CLUSDTM	+0.0076%	4h	93.466	+0.068%	$7.1M	$2.4M	50x	as long as short
ApeX Omni CLUSDT	+0.0100%	1h	93.480	+0.083%	$54K	$266K	50x	as long as short
Aevo WTIOIL-PERP	+0.0104%	1h	93.429	+0.029%	$4K	—	10x	as long as short
BloFin CL-USDT	+0.0187%	4h	93.440	+0.041%	$4.0M	$1.0M	50x	as long as short
Injective WTI/USDC PERP	+0.0220%	1h	102.60	+9.851%	$19K	$11K	30x	as long as short
GMX WTIOIL/USD [ETH-USDC]	L +0.0238% / S −0.0171%	1h	93.455	+0.057%	$84K	—	111x	as long as short