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−0.0001%/8h= −0.1% APRnext payment $0.01 per $10,000 · paid last 24h −0.010%
Price spread now: Aster against GRVT+0.065%70s7-day average −0.008% · you sell dearer than you buy
Net, funding: paid 7d − costs−$12as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$240.237% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.122%+$12 on $10k
Price spread, last 3 days (all we have)−0.055%−$5 · spread now +0.065%, 7d avg −0.008%
Together, before fees+0.067%+ Points / potential airdropGRVT: Active · Aster: Stage 5 · farm board+$7 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Aster is 0.073% dearer against GRVT than usual: you sell high and buy low, +$7 on $10k if it goes back to its 7-day average of −0.008%. The two prices were read 70 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGRVT CL_USDT_Perp91.7510get 0.0000% / 4h1h 42m$58K$734K25x
ShortAster CLUSD191.810−0.0001pay 0.0001% / 4h1h 42m$23.9M$78.6M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster 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

Funding earned
−$0.29
Price spread: +0.065% → −0.008%
$7.25
Slippage, 4 orders
−$6.75
Fee GRVT: 4.5 bp × 2 orders
−$9
Fee Aster: 4 bp × 2 orders
−$8
Net
−$16.78
Costs to cover
0.237%
Break-even
never at this rate
Slippage from GRVT: live order book, 41 min ago; Aster: live order book, 2 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 GRVT live order book, 41 min ago1.09 bp8.3 bp −$812.0 bp −$120doesn't fitdoesn't fit
Sell Aster live order book, 2 min ago0.55 bp5.3 bp −$56.6 bp −$66doesn't fitdoesn't fit

CL on 36 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
Lighter WTI−0.0328%1h91.784+0.036%$11.0M$11.2M20xas long as short
ApeX Omni CLUSDT−0.0314%1h91.820+0.075%$55K$266K50xas long as short
Deribit WTIOIL_USDC-PERPETUAL−0.0294%1h91.840+0.097%$95K$260K15xas long as short
Nado WTI-PERP−0.0218%1h91.871+0.131%$908K$754K10xas long as short
Ondo Perps WTI-USD.P−0.0206%1h91.770+0.021%$3.5M$6.4M20xas long as short
tradeXYZ xyz:CL−0.0194%1h91.826+0.082%$184.9M$285.7M20xas long as short
Aftermath Perps WTIUSD−0.0172%1h91.795+0.048%$2K$30K5xas long as short
Bullet WTIOIL-USD−0.0160%1h91.804+0.058%$19K$240K10xas long as short
Paradex CL-USD-PERP−0.0084%8h91.792+0.045%$15K$3675xas long as short
Extended WTI-USD−0.0040%1h91.880+0.141%$2.0M$29.2M10xas long as short
Show all 36 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Polymarket Perps WTIOIL-USD−0.0027%1h91.811+0.066%$1.6M$1.4M20xas long as short
Aster CLUSD1short−0.0001%4h91.810+0.065%$23.9M$78.6M20x
dYdX WTI-USD0.0000%1h91.787+0.039%$8K$3K5xas long as short
Binance CLUSDT0.0000%4h91.808+0.063%$245.2M$1.13B100xas long as short
Bybit CLUSDT0.0000%8h91.840+0.097%$25.3M$98.0M150xas long as short
OKX CL-USDT-SWAP0.0000%4h91.810+0.065%$43.0M$114.4M50xas long as short
QFEX CL-USD0.0000%1h91.780+0.032%$2.4M$2.5M10xas long as short
Gate CL_USDT0.0000%8h91.750−0.001%$21.2M$58.9M100xas long as short
Bitget CLUSDT0.0000%4h91.813+0.068%$42.0M$62.1M100xas long as short
Variational Omni CL0.0000%4h91.756+0.006%$13.4M$14.5Mas long as short
GRVT CL_USDT_Perplong0.0000%4h91.751long leg$58K$734K25x
gTrade (Gains Network) WTI/USDL 0.0000% / S +0.0036%1h91.411−0.370%$40K10xas long as short
Phoenix WTIOIL+0.0009%1h91.820+0.075%$33K$99K20xas long as short
StandX CL-USD+0.0040%1h91.760+0.010%$721K$3.1M40xas long as short
Vest CL-PERP+0.0046%1h91.900+0.163%$243K10xas long as short
SoDEX CL-USD+0.0050%1h91.815+0.070%$2.0M$39K20xas long as short
edgeX CLUSDC+0.0089%4h91.787+0.039%$528K$343K30xas long as short
Pacifica CL+0.0100%1h91.810+0.064%$332K$572K10xas long as short
KuCoin CLUSDTM+0.0100%4h91.812+0.067%$7.3M$2.0M50xas long as short
Aevo WTIOIL-PERP+0.0104%1h91.791+0.044%$4K10xas long as short
Coinbase International WTIOIL-PERP-INTX+0.0112%1h91.720−0.034%$384K$1.2M15xas long as short
Injective WTI/USDC PERP+0.0172%1h101.08+10.166%$19K$18K30xas long as short
GMX WTIOIL/USD [ETH-USDC]L +0.0203% / S −0.0127%1h91.795+0.048%$76K29xas long as short
BloFin CL-USDT+0.0240%4h91.780+0.032%$4.0M$1.5M50xas long as short
Kraken Futures PF_WTIOILUSD+0.0451%1h91.811+0.066%$256K$1.2M25xas long as short
RISEx CL/USDC+0.0977%1h91.909+0.173%$3.2M$2.7M20xas long as short