Funding arb · Price arb /

CL

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.010%

Price spread now: Aster against Bitget+0.040%7-day average +0.011% · you sell dearer than you buy

Net, funding: paid 7d − costs−$14as in the Funding arb table

Net, price: spread back to 7d avg − costs−$25as in the Price arb table

costs, in and out, $10k−$280.278% of the position

Long on Bitget Short on Aster

What this pair did over the last

the charts below follow

Funding, last 7 days+0.139%+$14 on $10k

Price spread, last 7 days−0.046%−$5 · spread now +0.040%, 7d avg +0.011%

Together, before fees+0.093%+ Points / potential airdropAster: Stage 5 · farm board+$9 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 0.029% dearer against Bitget than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of +0.011%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget CLUSDT	91.923	0	get 0.0000% / 4h	2h 06m	$42.1M	$67.5M	100x
Short	Aster CLUSD1	91.960	0	get 0.0000% / 4h	2h 06m	$24.5M	$77.2M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster against Bitget. 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 BitgetbpFee AsterbpOrdersPrice spread, now +0.040%Rate

Funding earned: $0
Price spread: +0.040% → +0.011%: $2.9
Slippage, 4 orders: −$7.78
Fee Bitget: 6 bp × 2 orders: −$12
Fee Aster: 4 bp × 2 orders: −$8
Net: −$24.88
Costs to cover: 0.278%
Break-even: never at this rate

Slippage from Bitget: live order book, 2 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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Bitget live order book, 2 min ago	0.38 bp	8.8 bp −$9	11.3 bp −$113	32.8 bp −$3,281	doesn't fit
Sell Aster live order book, 2 min ago	0.54 bp	4.5 bp −$5	6.2 bp −$62	doesn't fit	doesn't fit

CL on 35 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
QFEX CL-USD	−0.0019%	1h	91.900	−0.025%	$2.4M	$2.6M	10x	as long as short
Aster CLUSD1short	0.0000%	4h	91.960	+0.040%	$24.5M	$77.2M	20x
dYdX WTI-USD	0.0000%	1h	91.854	−0.075%	$8K	$3K	5x	as long as short
Binance CLUSDT	0.0000%	4h	91.942	+0.021%	$246.4M	$1.14B	100x	as long as short
Bybit CLUSDT	0.0000%	8h	91.930	+0.008%	$25.1M	$99.9M	150x	as long as short
OKX CL-USDT-SWAP	0.0000%	4h	91.930	+0.008%	$43.0M	$116.6M	50x	as long as short
Gate CL_USDT	0.0000%	8h	91.870	−0.058%	$21.2M	$63.4M	100x	as long as short
Bitget CLUSDTlong	0.0000%	4h	91.923	long leg	$42.1M	$67.5M	100x
Variational Omni CL	0.0000%	4h	91.913	−0.011%	$13.6M	$16.1M	—	as long as short
GRVT CL_USDT_Perp	0.0000%	4h	91.871	−0.057%	$58K	$774K	25x	as long as short

Show all 35 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bullet WTIOIL-USD	0.0000%	1h	91.916	−0.008%	$17K	$241K	10x	as long as short
Deribit WTIOIL_USDC-PERPETUAL	0.0000%	1h	91.940	+0.018%	$95K	$260K	15x	as long as short
Aftermath Perps WTIUSD	+0.0004%	1h	91.890	−0.036%	$2K	$31K	5x	as long as short
Phoenix WTIOIL	+0.0009%	1h	91.990	+0.073%	$33K	$99K	20x	as long as short
Paradex CL-USD-PERP	+0.0011%	8h	91.891	−0.035%	$15K	$367	5x	as long as short
edgeX CLUSDC	+0.0022%	4h	91.866	−0.061%	$528K	$341K	30x	as long as short
Lighter WTI	+0.0032%	1h	91.856	−0.073%	$11.0M	$12.3M	20x	as long as short
Extended WTI-USD	+0.0032%	1h	91.960	+0.040%	$2.0M	$29.5M	10x	as long as short
Injective WTI/USDC PERP	+0.0033%	1h	91.880	−0.047%	$17K	$18K	30x	as long as short
Kraken Futures PF_WTIOILUSD	+0.0040%	1h	91.932	+0.009%	$257K	$1.3M	25x	as long as short
StandX CL-USD	+0.0040%	1h	91.920	−0.003%	$725K	$3.1M	40x	as long as short
Coinbase International WTIOIL-PERP-INTX	+0.0040%	1h	92.080	+0.171%	$393K	$1.3M	15x	as long as short
Vest CL-PERP	+0.0046%	1h	92.020	+0.106%	—	$243K	10x	as long as short
tradeXYZ xyz:CL	+0.0050%	1h	91.913	−0.011%	$182.4M	$289.8M	20x	as long as short
Polymarket Perps WTIOIL-USD	+0.0050%	1h	91.912	−0.012%	$1.6M	$1.4M	20x	as long as short
SoDEX CL-USD	+0.0050%	1h	91.910	−0.014%	$2.0M	$39K	20x	as long as short
Ondo Perps WTI-USD.P	+0.0050%	1h	91.840	−0.090%	$3.5M	$6.5M	20x	as long as short
Pacifica CL	+0.0100%	1h	91.919	−0.004%	$336K	$573K	10x	as long as short
KuCoin CLUSDTM	+0.0100%	4h	91.922	−0.001%	$7.3M	$2.1M	50x	as long as short
ApeX Omni CLUSDT	+0.0100%	1h	91.860	−0.069%	$55K	$266K	50x	as long as short
Aevo WTIOIL-PERP	+0.0104%	1h	91.883	−0.043%	$4K	—	10x	as long as short
Nado WTI-PERP	+0.0185%	1h	91.908	−0.017%	$881K	$788K	10x	as long as short
GMX WTIOIL/USD [ETH-USDC]	L +0.0212% / S −0.0127%	1h	91.915	−0.009%	$76K	—	29x	as long as short
BloFin CL-USDT	+0.0240%	4h	91.910	−0.014%	$4.0M	$1.5M	50x	as long as short
RISEx CL/USDC	+0.0266%	1h	92.031	+0.117%	$3.2M	$2.7M	20x	as long as short