Funding arb · Price arb /

CL

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC−0.0168%/8h= −18.4% APRpaid last 24h −0.022%

Price spread now: Aftermath Perps against Paradex−0.002%7-day average — · you buy dearer than you sell

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

Long on Paradex 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 airdropParadex: Active · 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: −$5 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Paradex CL-USD-PERP	93.475	0.0015	pay 0.0015% / 8h	2h 14m	$16K	$367	5x
Short	Aftermath Perps WTIUSD	93.473	−0.0153	pay 0.0019% / 1h	14m 18s	$2K	$26K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aftermath Perps against Paradex. 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 ParadexbpFee Aftermath PerpsbpOrdersPrice spread, now −0.002%Rate

Funding earned: −$35.26
Price spread: −0.002% → 0.000%: −$0.22
Slippage, 4 orders: no order book: not counted
Fee Paradex: 2 bp × 2 orders: −$4
Fee Aftermath Perps: 4.5 bp × 2 orders: −$9
Net: −$48.48
Costs to cover: 0.130%
Break-even: never at this rate

Slippage unknown: Paradex: no order-book sample; 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 Paradex no order-book sample	—	—	—	—	—
Sell Aftermath Perps no order-book sample	—	—	—	—	—

Paradex and 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	93.450	−0.027%	$197K	$376K	15x	as long as short
GRVT CL_USDT_Perp	−0.0294%	4h	93.442	−0.035%	$58K	$629K	25x	as long as short
Aster CLUSD1	−0.0289%	4h	93.540	+0.070%	$24.4M	$64.8M	20x	as long as short
Kraken Futures PF_WTIOILUSD	−0.0204%	1h	93.507	+0.035%	$285K	$958K	25x	as long as short
Binance CLUSDT	−0.0181%	4h	93.501	+0.028%	$246.2M	$932.5M	100x	as long as short
Variational Omni CL	−0.0170%	4h	93.440	−0.038%	$13.4M	$10.9M	—	as long as short
Aftermath Perps WTIUSDshort	−0.0153%	1h	93.473	−0.002%	$2K	$26K	5x
Bitget CLUSDT	−0.0126%	4h	93.469	−0.006%	$42.2M	$42.7M	100x	as long as short
Nado WTI-PERP	−0.0122%	1h	93.539	+0.069%	$968K	$614K	10x	as long as short
Ondo Perps WTI-USD.P	−0.0086%	1h	93.460	−0.016%	$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	−0.0076%	8h	93.450	−0.027%	$22.0M	$50.0M	100x	as long as short
tradeXYZ xyz:CL	−0.0073%	1h	93.492	+0.018%	$185.0M	$213.6M	20x	as long as short
edgeX CLUSDC	−0.0070%	4h	93.441	−0.036%	$525K	$306K	30x	as long as short
OKX CL-USDT-SWAP	−0.0048%	4h	93.490	+0.016%	$42.7M	$102.9M	50x	as long as short
Coinbase International WTIOIL-PERP-INTX	−0.0040%	1h	93.500	+0.027%	$404K	$931K	15x	as long as short
QFEX CL-USD	−0.0032%	1h	93.500	+0.027%	$2.3M	$2.5M	10x	as long as short
dYdX WTI-USD	0.0000%	1h	93.495	+0.022%	$8K	$3K	5x	as long as short
Bybit CLUSDT	0.0000%	8h	93.510	+0.038%	$27.2M	$79.6M	150x	as long as short
RISEx CL/USDC	0.0000%	1h	93.554	+0.085%	$3.1M	$2.9M	20x	as long as short
Phoenix WTIOIL	0.0000%	1h	93.500	+0.027%	$38K	$41K	20x	as long as short
Bullet WTIOIL-USD	0.0000%	1h	93.514	+0.042%	$18K	$240K	10x	as long as short
gTrade (Gains Network) WTI/USD	L 0.0000% / S +0.0036%	1h	93.043	−0.462%	$5K	—	150x	as long as short
Paradex CL-USD-PERPlong	+0.0015%	8h	93.475	long leg	$16K	$367	5x
Lighter WTI	+0.0016%	1h	93.491	+0.017%	$11.2M	$9.9M	20x	as long as short
Extended WTI-USD	+0.0032%	1h	93.530	+0.059%	$2.0M	$16.9M	10x	as long as short
StandX CL-USD	+0.0040%	1h	93.460	−0.016%	$740K	$2.8M	40x	as long as short
Vest CL-PERP	+0.0046%	1h	93.500	+0.027%	—	$313K	10x	as long as short
Pacifica CL	+0.0047%	1h	93.489	+0.016%	$332K	$577K	10x	as long as short
Polymarket Perps WTIOIL-USD	+0.0050%	1h	93.500	+0.027%	$1.7M	$1.3M	20x	as long as short
SoDEX CL-USD	+0.0050%	1h	93.480	+0.006%	$2.1M	$60K	20x	as long as short
KuCoin CLUSDTM	+0.0084%	4h	93.524	+0.053%	$7.1M	$2.4M	50x	as long as short
ApeX Omni CLUSDT	+0.0100%	1h	93.520	+0.048%	$54K	$266K	50x	as long as short
Aevo WTIOIL-PERP	+0.0104%	1h	93.465	−0.011%	$4K	—	10x	as long as short
BloFin CL-USDT	+0.0190%	4h	93.480	+0.006%	$4.0M	$1.0M	50x	as long as short
Injective WTI/USDC PERP	+0.0220%	1h	102.64	+9.810%	$19K	$11K	30x	as long as short
GMX WTIOIL/USD [ETH-USDC]	L +0.0239% / S −0.0172%	1h	93.505	+0.032%	$84K	—	111x	as long as short