Funding arb · Price arb /

CL

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC+0.0306%/8h= +33.5% APRpaid last 24h +0.053%

Price spread now: Vest against Aster−0.010%7-day average −0.828% · you buy dearer than you sell

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

Long on Aster Short on Vest

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.052%+$5 on $10k

Price spread, last 4 days (all we have)−0.262%−$26 · spread now −0.010%, 7d avg −0.828%

Together, before fees−0.210%+ Points / potential airdropAster: Stage 5 · Vest: Active · farm board−$21 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$9 a day on $10k at the current rate, and Vest is 0.818% dearer against Aster than usual: you sell high and buy low: +$82 more if the spread goes back to its 7-day average of −0.828%.

The current funding rate is far above what this pair has been paying: over the last 3 days it paid 0.052% in total (about 5.5% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aster CLUSD1	93.659	−0.0260	get 0.0130% / 4h	1h 42m	$24.5M	$65.3M	20x
Short	Vest CL-PERP	93.650	0.0046	get 0.0006% / 1h	42m 19s	—	$313K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Vest against Aster. 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 AsterbpFee VestbpOrdersPrice spread, now −0.010%Rate

Funding earned: $64.18
Price spread: −0.010% → −0.828%: $81.79
Slippage, 4 orders: no order book: not counted
Fee Aster: 4 bp × 2 orders: −$8
Fee Vest: 1 bp × 2 orders: −$2
Net: $135.96
Costs to cover: 0.100%
Break-even: from the start

Slippage unknown: Aster: live order book, 2 min ago; Vest: 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 Aster live order book, 2 min ago	0.53 bp	5.0 bp −$5	6.4 bp −$64	doesn't fit	doesn't fit
Sell Vest no order-book sample	—	—	—	—	—

Vest: 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	−0.0498%	1h	93.570	−0.095%	$196K	$381K	15x	as long as short
Aster CLUSD1long	−0.0260%	4h	93.659	long leg	$24.5M	$65.3M	20x
GRVT CL_USDT_Perp	−0.0244%	4h	93.633	−0.028%	$58K	$629K	25x	as long as short
Binance CLUSDT	−0.0145%	4h	93.620	−0.042%	$246.3M	$925.0M	100x	as long as short
Aftermath Perps WTIUSD	−0.0139%	1h	93.649	−0.011%	$2K	$26K	5x	as long as short
Kraken Futures PF_WTIOILUSD	−0.0137%	1h	93.655	−0.004%	$286K	$958K	25x	as long as short
Variational Omni CL	−0.0135%	4h	93.599	−0.065%	$13.5M	$10.7M	—	as long as short
Bitget CLUSDT	−0.0100%	4h	93.583	−0.082%	$42.2M	$42.4M	100x	as long as short
Gate CL_USDT	−0.0097%	8h	93.560	−0.106%	$22.3M	$48.7M	100x	as long as short
Ondo Perps WTI-USD.P	−0.0078%	1h	93.590	−0.074%	$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
tradeXYZ xyz:CL	−0.0056%	1h	93.636	−0.025%	$185.1M	$210.9M	20x	as long as short
edgeX CLUSDC	−0.0055%	4h	93.649	−0.011%	$526K	$307K	30x	as long as short
Nado WTI-PERP	−0.0037%	1h	93.692	+0.035%	$966K	$627K	10x	as long as short
QFEX CL-USD	−0.0023%	1h	93.630	−0.031%	$2.3M	$2.5M	10x	as long as short
OKX CL-USDT-SWAP	−0.0014%	4h	93.610	−0.053%	$42.6M	$101.9M	50x	as long as short
Coinbase International WTIOIL-PERP-INTX	−0.0008%	1h	93.500	−0.170%	$404K	$931K	15x	as long as short
dYdX WTI-USD	0.0000%	1h	93.651	−0.009%	$8K	$3K	5x	as long as short
Bybit CLUSDT	0.0000%	8h	93.631	−0.030%	$27.1M	$79.4M	150x	as long as short
RISEx CL/USDC	0.0000%	1h	93.690	+0.033%	$3.1M	$2.8M	20x	as long as short
Phoenix WTIOIL	0.0000%	1h	93.640	−0.021%	$37K	$39K	20x	as long as short
Bullet WTIOIL-USD	0.0000%	1h	93.638	−0.023%	$18K	$240K	10x	as long as short
gTrade (Gains Network) WTI/USD	L 0.0000% / S +0.0036%	1h	93.166	−0.527%	$5K	—	150x	as long as short
Paradex CL-USD-PERP	+0.0030%	8h	93.638	−0.023%	$16K	$367	5x	as long as short
Lighter WTI	+0.0032%	1h	93.651	−0.009%	$11.3M	$9.6M	20x	as long as short
Extended WTI-USD	+0.0032%	1h	93.710	+0.054%	$2.0M	$16.1M	10x	as long as short
StandX CL-USD	+0.0040%	1h	93.680	+0.022%	$742K	$2.8M	40x	as long as short
Vest CL-PERPshort	+0.0046%	1h	93.650	−0.010%	—	$313K	10x
Polymarket Perps WTIOIL-USD	+0.0050%	1h	93.636	−0.025%	$1.7M	$1.3M	20x	as long as short
SoDEX CL-USD	+0.0050%	1h	93.664	+0.005%	$2.1M	$60K	20x	as long as short
Pacifica CL	+0.0100%	1h	93.674	+0.015%	$333K	$576K	10x	as long as short
KuCoin CLUSDTM	+0.0100%	4h	93.655	−0.005%	$7.1M	$2.4M	50x	as long as short
ApeX Omni CLUSDT	+0.0100%	1h	93.680	+0.022%	$54K	$266K	50x	as long as short
Aevo WTIOIL-PERP	+0.0104%	1h	93.583	−0.082%	$4K	—	10x	as long as short
Injective WTI/USDC PERP	+0.0220%	1h	102.74	+9.700%	$19K	$11K	30x	as long as short
BloFin CL-USDT	+0.0226%	4h	93.640	−0.021%	$4.0M	$978K	50x	as long as short
GMX WTIOIL/USD [ETH-USDC]	L +0.0246% / S −0.0179%	1h	93.615	−0.047%	$84K	—	111x	as long as short