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−0.0037%/8h= −4.1% APRnext payment $0.19 per $10,000 · paid last 24h −0.007%
Price spread now: Aster against Variational Omni−0.066%7-day average +0.030% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)0.000%$0 on $10k
Price spread, last 7 days+0.092%+$9 · spread now −0.066%, 7d avg +0.030%
Together, before fees+0.093%+ Points / potential airdropVariational Omni: Active · Aster: Stage 5 · farm board+$9 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Aster is 0.095% cheaper against Variational Omni than usual: you would sell low and buy high (−$10 if the spread goes back to its 7-day average of +0.030%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni CL92.105−0.0001get 0.0001% / 4h2h 52m$13.7M$16.1M
ShortAster CLUSD192.044−0.0039pay 0.0019% / 4h2h 52m$24.5M$73.8M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against Variational Omni. 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
−$7.87
Price spread: −0.066% → +0.030%
−$9.54
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee Aster: 4 bp × 2 orders
−$8
Net
−$25.41
Costs to cover
0.080%
Break-even
never at this rate
Slippage unknown: Variational Omni: RFQ quote, 2 min ago; Aster: live order book, 2 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Variational Omni RFQ quote, 2 min ago2.28 bpdoesn't fit2.3 bp −$237.9 bp −$790doesn't fit
Sell Aster live order book, 2 min ago0.54 bp4.5 bp −$55.4 bp −$54doesn'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
Aster CLUSD1short−0.0039%4h92.044−0.066%$24.5M$73.8M20x
gTrade (Gains Network) WTI/USDL −0.0038% / S +0.0036%1h91.637−0.508%$178K20xas long as short
QFEX CL-USD−0.0019%1h92.110+0.006%$2.4M$2.9M10xas long as short
Aftermath Perps WTIUSD−0.0011%1h92.065−0.043%$2K$31K5xas long as short
Variational Omni CLlong−0.0001%4h92.105long leg$13.7M$16.1M
dYdX WTI-USD0.0000%1h92.118+0.015%$8K$3K5xas long as short
Binance CLUSDT0.0000%4h92.140+0.039%$243.5M$1.07B100xas long as short
Bybit CLUSDT0.0000%8h92.150+0.049%$24.8M$96.5M150xas long as short
OKX CL-USDT-SWAP0.0000%4h92.140+0.039%$43.0M$112.5M50xas long as short
Gate CL_USDT0.0000%8h92.080−0.027%$21.1M$61.7M100xas long as short
Show all 36 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget CLUSDT0.0000%4h92.124+0.021%$42.4M$65.8M100xas long as short
GRVT CL_USDT_Perp0.0000%4h92.107+0.003%$58K$795K25xas long as short
Deribit WTIOIL_USDC-PERPETUAL0.0000%1h92.150+0.049%$96K$314K15xas long as short
Phoenix WTIOIL+0.0009%1h91.970−0.146%$33K$99K20xas long as short
Extended WTI-USD+0.0032%1h91.996−0.118%$2.0M$29.6M10xas long as short
Injective WTI/USDC PERP+0.0033%1h92.595+0.533%$18K$14K30xas long as short
Kraken Futures PF_WTIOILUSD+0.0040%1h92.176+0.078%$254K$1.3M25xas long as short
StandX CL-USD+0.0040%1h92.110+0.006%$726K$3.0M40xas long as short
Coinbase International WTIOIL-PERP-INTX+0.0040%1h91.920−0.200%$395K$1.1M15xas long as short
Vest CL-PERP+0.0046%1h92.100−0.005%$243K10xas long as short
SoDEX CL-USD+0.0050%1h92.102−0.003%$2.0M$43K20xas long as short
Ondo Perps WTI-USD.P+0.0052%1h92.140+0.039%$3.5M$6.4M20xas long as short
edgeX CLUSDC+0.0057%4h92.115+0.012%$530K$344K30xas long as short
Paradex CL-USD-PERP+0.0065%8h92.122+0.019%$15K$3675xas long as short
Pacifica CL+0.0100%1h92.130+0.028%$326K$562K10xas long as short
KuCoin CLUSDTM+0.0100%4h92.114+0.010%$7.5M$1.9M50xas long as short
ApeX Omni CLUSDT+0.0100%1h92.110+0.006%$55K$268K50xas long as short
Aevo WTIOIL-PERP+0.0104%1h92.134+0.032%$4K$4910xas long as short
Nado WTI-PERP+0.0127%1h92.146+0.045%$866K$770K10xas long as short
Lighter WTI+0.0160%1h92.086−0.020%$11.1M$12.0M20xas long as short
GMX WTIOIL/USD [ETH-USDC]L +0.0212% / S −0.0127%1h92.135+0.033%$76K111xas long as short
Polymarket Perps WTIOIL-USD+0.0228%1h92.111+0.007%$1.6M$1.3M20xas long as short
BloFin CL-USDT+0.0240%4h92.150+0.049%$4.0M$1.5M50xas long as short
RISEx CL/USDC+0.0266%1h92.186+0.088%$3.2M$2.7M20xas long as short
Bullet WTIOIL-USD+0.0313%1h92.133+0.031%$19K$242K10xas long as short
tradeXYZ xyz:CL+0.0445%1h92.111+0.007%$183.0M$291.7M20xas long as short