Funding arb · Price arb /

CL

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC+0.0179%/8h= +19.6% APRpaid last 24h +0.037%

Price spread now: Aevo against edgeX+0.016%7-day average — · you sell dearer than you buy

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

Long on edgeX Short on Aevo

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropedgeX: 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	edgeX CLUSDC	93.307	−0.0075	get 0.0037% / 4h	2h 47m	$524K	$306K	30x
Short	Aevo WTIOIL-PERP	93.322	0.0104	get 0.0013% / 1h	47m 11s	$4K	—	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aevo against edgeX. 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 edgeXbpFee AevobpOrdersPrice spread, now +0.016%Rate

Funding earned: $37.53
Price spread: +0.016% → 0.000%: $1.6
Slippage, 4 orders: no order book: not counted
Fee edgeX: 4.5 bp × 2 orders: −$9
Fee Aevo: 8 bp × 2 orders: −$16
Net: $14.13
Costs to cover: 0.250%
Break-even: 4.4 days

Slippage unknown: edgeX: live order book, 1 min ago; Aevo: 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 edgeX live order book, 1 min ago	10.07 bp	14.6 bp −$15	14.9 bp −$149	21.5 bp −$2,148	doesn't fit
Sell Aevo no order-book sample	—	—	—	—	—

Aevo: 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	−0.0714%	1h	93.310	+0.003%	$197K	$372K	15x	as long as short
GRVT CL_USDT_Perp	−0.0346%	4h	93.320	+0.014%	$58K	$649K	25x	as long as short
Aster CLUSD1	−0.0299%	4h	93.379	+0.077%	$24.4M	$66.5M	20x	as long as short
Kraken Futures PF_WTIOILUSD	−0.0204%	1h	93.378	+0.076%	$283K	$962K	25x	as long as short
Binance CLUSDT	−0.0198%	4h	93.360	+0.057%	$246.5M	$935.4M	100x	as long as short
Variational Omni CL	−0.0185%	4h	93.329	+0.023%	$13.3M	$10.9M	—	as long as short
Ondo Perps WTI-USD.P	−0.0155%	1h	93.310	+0.003%	$3.5M	$5.4M	20x	as long as short
Aftermath Perps WTIUSD	−0.0140%	1h	93.325	+0.020%	$2K	$26K	5x	as long as short
Bitget CLUSDT	−0.0134%	4h	93.341	+0.037%	$42.1M	$43.1M	100x	as long as short
Nado WTI-PERP	−0.0131%	1h	93.403	+0.103%	$967K	$621K	10x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
edgeX CLUSDClong	−0.0075%	4h	93.307	long leg	$524K	$306K	30x
Gate CL_USDT	−0.0074%	8h	93.310	+0.003%	$21.6M	$49.2M	100x	as long as short
tradeXYZ xyz:CL	−0.0074%	1h	93.356	+0.053%	$184.5M	$215.5M	20x	as long as short
OKX CL-USDT-SWAP	−0.0068%	4h	93.360	+0.057%	$42.6M	$102.6M	50x	as long as short
Coinbase International WTIOIL-PERP-INTX	−0.0040%	1h	93.160	−0.157%	$403K	$929K	15x	as long as short
QFEX CL-USD	−0.0032%	1h	93.340	+0.036%	$2.3M	$2.1M	10x	as long as short
Paradex CL-USD-PERP	−0.0011%	8h	93.330	+0.025%	$16K	$367	5x	as long as short
Lighter WTI	−0.0008%	1h	93.357	+0.054%	$11.2M	$9.8M	20x	as long as short
dYdX WTI-USD	0.0000%	1h	93.329	+0.024%	$8K	$3K	5x	as long as short
Bybit CLUSDT	0.0000%	8h	93.370	+0.068%	$27.1M	$79.8M	150x	as long as short
RISEx CL/USDC	0.0000%	1h	93.403	+0.104%	$3.1M	$2.9M	20x	as long as short
Phoenix WTIOIL	0.0000%	1h	93.390	+0.089%	$37K	$41K	20x	as long as short
Bullet WTIOIL-USD	0.0000%	1h	93.358	+0.055%	$18K	$241K	10x	as long as short
gTrade (Gains Network) WTI/USD	L 0.0000% / S +0.0036%	1h	92.907	−0.429%	$5K	—	150x	as long as short
Extended WTI-USD	+0.0032%	1h	93.380	+0.078%	$2.0M	$17.9M	10x	as long as short
KuCoin CLUSDTM	+0.0034%	4h	93.367	+0.064%	$7.1M	$2.4M	50x	as long as short
StandX CL-USD	+0.0040%	1h	93.320	+0.014%	$738K	$2.9M	40x	as long as short
Vest CL-PERP	+0.0046%	1h	93.360	+0.057%	—	$313K	10x	as long as short
Pacifica CL	+0.0047%	1h	93.352	+0.048%	$331K	$576K	10x	as long as short
Polymarket Perps WTIOIL-USD	+0.0050%	1h	93.344	+0.040%	$1.7M	$1.3M	20x	as long as short
SoDEX CL-USD	+0.0050%	1h	93.355	+0.052%	$2.1M	$60K	20x	as long as short
ApeX Omni CLUSDT	+0.0100%	1h	93.420	+0.121%	$54K	$267K	50x	as long as short
Aevo WTIOIL-PERPshort	+0.0104%	1h	93.322	+0.016%	$4K	—	10x
BloFin CL-USDT	+0.0172%	4h	93.350	+0.046%	$4.0M	$984K	50x	as long as short
Injective WTI/USDC PERP	+0.0220%	1h	102.57	+9.930%	$19K	$11K	30x	as long as short
GMX WTIOIL/USD [ETH-USDC]	L +0.0232% / S −0.0164%	1h	93.365	+0.062%	$84K	—	111x	as long as short