Funding arb · Price arb /

CL

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0160%/8h= +17.5% APRpaid last 24h +0.022%

Price spread now: Vest against Bitget−0.075%7-day average −0.806% · you buy dearer than you sell

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

Long on Bitget Short on Vest

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)+0.051%+$5 on $10k

Price spread, last 4 days (all we have)+0.136%+$14 · spread now −0.075%, 7d avg −0.806%

Together, before fees+0.187%+ Points / potential airdropVest: Active · farm board+$19 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$5 a day on $10k at the current rate, and Vest is 0.731% dearer against Bitget than usual: you sell high and buy low: +$73 more if the spread goes back to its 7-day average of −0.806%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget CLUSDT	93.110	−0.0114	get 0.0057% / 4h	10m 55s	$42.3M	$41.6M	100x
Short	Vest CL-PERP	93.040	0.0046	get 0.0006% / 1h	10m 55s	—	$313K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Vest 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 VestbpOrdersPrice spread, now −0.075%Rate

Funding earned: $33.53
Price spread: −0.075% → −0.806%: $73.12
Slippage, 4 orders: no order book: not counted
Fee Bitget: 6 bp × 2 orders: −$12
Fee Vest: 1 bp × 2 orders: −$2
Net: $92.65
Costs to cover: 0.140%
Break-even: from the start

Slippage unknown: Bitget: live order book, 3 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 Bitget live order book, 3 min ago	0.59 bp	7.7 bp −$8	10.1 bp −$101	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	−0.0287%	1h	93.040	−0.075%	$194K	$397K	15x	as long as short
Aster CLUSD1	−0.0269%	4h	93.140	+0.032%	$24.8M	$62.8M	20x	as long as short
GRVT CL_USDT_Perp	−0.0234%	4h	92.930	−0.193%	$77K	$622K	25x	as long as short
Kraken Futures PF_WTIOILUSD	−0.0210%	1h	93.077	−0.036%	$276K	$929K	25x	as long as short
Binance CLUSDT	−0.0149%	4h	93.100	−0.011%	$247.2M	$921.2M	100x	as long as short
Variational Omni CL	−0.0136%	4h	93.053	−0.061%	$13.5M	$10.6M	—	as long as short
Gate CL_USDT	−0.0135%	8h	93.030	−0.086%	$23.1M	$50.4M	100x	as long as short
Bitget CLUSDTlong	−0.0114%	4h	93.110	long leg	$42.3M	$41.6M	100x
Nado WTI-PERP	−0.0112%	1h	93.092	−0.019%	$953K	$614K	10x	as long as short
Aftermath Perps WTIUSD	−0.0100%	1h	93.008	−0.110%	$1K	$26K	5x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
OKX CL-USDT-SWAP	−0.0079%	4h	93.090	−0.021%	$42.7M	$102.9M	50x	as long as short
QFEX CL-USD	−0.0038%	1h	93.060	−0.054%	$2.3M	$2.4M	10x	as long as short
edgeX CLUSDC	−0.0021%	4h	93.014	−0.103%	$523K	$306K	30x	as long as short
tradeXYZ xyz:CL	−0.0018%	1h	93.070	−0.043%	$184.3M	$198.1M	20x	as long as short
Lighter WTI	−0.0016%	1h	93.041	−0.074%	$11.2M	$9.2M	20x	as long as short
Coinbase International WTIOIL-PERP-INTX	−0.0016%	1h	93.540	+0.462%	$405K	$810K	15x	as long as short
Ondo Perps WTI-USD.P	−0.0009%	1h	93.030	−0.086%	$3.6M	$5.3M	20x	as long as short
dYdX WTI-USD	0.0000%	1h	93.077	−0.036%	$8K	$3K	5x	as long as short
Bybit CLUSDT	0.0000%	8h	93.120	+0.011%	$27.0M	$79.4M	150x	as long as short
RISEx CL/USDC	0.0000%	1h	93.103	−0.008%	$3.0M	$2.8M	20x	as long as short
Phoenix WTIOIL	0.0000%	1h	92.950	−0.172%	$37K	$40K	20x	as long as short
Bullet WTIOIL-USD	0.0000%	1h	93.059	−0.055%	$18K	$239K	10x	as long as short
gTrade (Gains Network) WTI/USD	L 0.0000% / S +0.0036%	1h	92.604	−0.543%	$5K	—	150x	as long as short
Paradex CL-USD-PERP	+0.0006%	8h	93.040	−0.075%	$16K	$367	5x	as long as short
Extended WTI-USD	+0.0032%	1h	93.140	+0.032%	$1.7M	$15.1M	10x	as long as short
StandX CL-USD	+0.0040%	1h	93.050	−0.064%	$737K	$2.8M	40x	as long as short
Vest CL-PERPshort	+0.0046%	1h	93.040	−0.075%	—	$313K	10x
Polymarket Perps WTIOIL-USD	+0.0050%	1h	93.051	−0.063%	$1.7M	$1.3M	20x	as long as short
SoDEX CL-USD	+0.0050%	1h	93.060	−0.054%	$2.1M	$60K	20x	as long as short
Pacifica CL	+0.0100%	1h	93.068	−0.045%	$347K	$591K	10x	as long as short
KuCoin CLUSDTM	+0.0100%	4h	93.119	+0.010%	$7.0M	$2.4M	50x	as long as short
ApeX Omni CLUSDT	+0.0100%	1h	92.950	−0.172%	$54K	$266K	50x	as long as short
Aevo WTIOIL-PERP	+0.0104%	1h	93.037	−0.078%	$4K	—	10x	as long as short
BloFin CL-USDT	+0.0160%	4h	93.040	−0.075%	$4.1M	$983K	50x	as long as short
Injective WTI/USDC PERP	+0.0220%	1h	102.13	+9.692%	$19K	$11K	30x	as long as short
GMX WTIOIL/USD [ETH-USDC]	L +0.0259% / S −0.0206%	1h	93.065	−0.048%	$83K	—	111x	as long as short