Funding arb · Price arb /

CL

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC+0.0152%/8h= +16.6% APRpaid last 24h +0.019%

Price spread now: Aftermath Perps against Aster+0.007%53s7-day average — · you sell dearer than you buy

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

Long on Aster Short on Aftermath Perps

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

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

Together, before fees—+ Points / potential airdropAster: Stage 5 · 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. The two prices were read 53 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aster CLUSD1	93.219	−0.0262	get 0.0131% / 4h	3h 27m	$24.2M	$66.4M	20x
Short	Aftermath Perps WTIUSD	93.225	−0.0111	pay 0.0014% / 1h	27m 31s	$2K	$27K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aftermath Perps 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 Aftermath PerpsbpOrdersPrice spread, now +0.007%Rate

Funding earned: $31.82
Price spread: +0.007% → 0.000%: $0.69
Slippage, 4 orders: no order book: not counted
Fee Aster: 4 bp × 2 orders: −$8
Fee Aftermath Perps: 4.5 bp × 2 orders: −$9
Net: $15.51
Costs to cover: 0.170%
Break-even: 3.6 days

Slippage unknown: Aster: live order book, 2 min ago; Aftermath Perps: 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	0.54 bp	5.0 bp −$5	6.4 bp −$64	doesn't fit	doesn't fit
Sell Aftermath Perps no order-book sample	—	—	—	—	—

Aftermath Perps: 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	−0.0608%	1h	93.140	−0.085%	$199K	$370K	15x	as long as short
GRVT CL_USDT_Perp	−0.0286%	4h	93.168	−0.055%	$54K	$645K	25x	as long as short
Aster CLUSD1long	−0.0262%	4h	93.219	long leg	$24.2M	$66.4M	20x
Binance CLUSDT	−0.0175%	4h	93.189	−0.032%	$245.5M	$940.5M	100x	as long as short
Variational Omni CL	−0.0156%	4h	93.159	−0.065%	$13.4M	$10.9M	—	as long as short
Bitget CLUSDT	−0.0126%	4h	93.167	−0.056%	$41.9M	$43.2M	100x	as long as short
Ondo Perps WTI-USD.P	−0.0123%	1h	93.110	−0.117%	$3.5M	$5.3M	20x	as long as short
Nado WTI-PERP	−0.0121%	1h	93.228	+0.009%	$964K	$631K	10x	as long as short
Aftermath Perps WTIUSDshort	−0.0111%	1h	93.225	+0.007%	$2K	$27K	5x
Kraken Futures PF_WTIOILUSD	−0.0061%	1h	93.176	−0.046%	$278K	$953K	25x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Gate CL_USDT	−0.0059%	8h	93.120	−0.106%	$21.2M	$51.4M	100x	as long as short
edgeX CLUSDC	−0.0056%	4h	93.172	−0.051%	$524K	$307K	30x	as long as short
OKX CL-USDT-SWAP	−0.0044%	4h	93.170	−0.053%	$42.7M	$102.7M	50x	as long as short
Coinbase International WTIOIL-PERP-INTX	−0.0040%	1h	93.190	−0.031%	$401K	$927K	15x	as long as short
tradeXYZ xyz:CL	−0.0039%	1h	93.183	−0.039%	$184.4M	$217.9M	20x	as long as short
QFEX CL-USD	−0.0033%	1h	93.160	−0.063%	$2.3M	$1.8M	10x	as long as short
Paradex CL-USD-PERP	−0.0019%	8h	93.176	−0.046%	$16K	$367	5x	as long as short
Phoenix WTIOIL	−0.0009%	1h	93.210	−0.010%	$37K	$41K	20x	as long as short
dYdX WTI-USD	0.0000%	1h	93.263	+0.047%	$8K	$3K	5x	as long as short
Bybit CLUSDT	0.0000%	8h	93.202	−0.018%	$26.9M	$80.5M	150x	as long as short
RISEx CL/USDC	0.0000%	1h	93.244	+0.027%	$3.1M	$2.9M	20x	as long as short
Bullet WTIOIL-USD	0.0000%	1h	93.184	−0.038%	$19K	$241K	10x	as long as short
gTrade (Gains Network) WTI/USD	L 0.0000% / S +0.0036%	1h	92.740	−0.514%	$5K	—	150x	as long as short
KuCoin CLUSDTM	+0.0004%	4h	93.197	−0.024%	$7.1M	$2.4M	50x	as long as short
Lighter WTI	+0.0024%	1h	93.187	−0.034%	$11.2M	$10.3M	20x	as long as short
Extended WTI-USD	+0.0032%	1h	93.230	+0.012%	$2.0M	$18.9M	10x	as long as short
StandX CL-USD	+0.0040%	1h	93.150	−0.074%	$736K	$2.9M	40x	as long as short
Vest CL-PERP	+0.0046%	1h	93.190	−0.031%	—	$313K	10x	as long as short
Polymarket Perps WTIOIL-USD	+0.0050%	1h	93.180	−0.042%	$1.7M	$1.3M	20x	as long as short
SoDEX CL-USD	+0.0050%	1h	93.176	−0.046%	$2.1M	$60K	20x	as long as short
Pacifica CL	+0.0100%	1h	93.181	−0.040%	$331K	$579K	10x	as long as short
ApeX Omni CLUSDT	+0.0100%	1h	93.170	−0.053%	$56K	$266K	50x	as long as short
Aevo WTIOIL-PERP	+0.0104%	1h	93.149	−0.075%	$4K	—	10x	as long as short
BloFin CL-USDT	+0.0200%	4h	93.160	−0.063%	$4.0M	$1.0M	50x	as long as short
Injective WTI/USDC PERP	+0.0220%	1h	102.51	+9.967%	$19K	$11K	30x	as long as short
GMX WTIOIL/USD [ETH-USDC]	L +0.0222% / S −0.0149%	1h	93.175	−0.047%	$81K	—	111x	as long as short