Funding arb · Price arb /

CL

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC+0.0384%/8h= +42.0% APRpaid last 24h +0.040%

Price spread now: Vest against Aster+0.054%47s7-day average −0.892% · you sell dearer than you buy

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)+0.036%+$4 on $10k

Price spread, last 3 days (all we have)−0.326%−$33 · spread now +0.054%, 7d avg −0.892%

Together, before fees−0.291%+ Points / potential airdropAster: Stage 5 · Vest: Active · farm board−$29 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$12 a day on $10k at the current rate, and Vest is 0.946% dearer against Aster than usual: you sell high and buy low: +$95 more if the spread goes back to its 7-day average of −0.892%. The two prices were read 47 seconds apart, so part of this spread may be the market moving, not a spread.

The current funding rate is far above what this pair has been paying: over the last 3 days it paid 0.036% in total (about 4.0% 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	92.680	−0.0338	get 0.0169% / 4h	3h 01m	$23.9M	$75.0M	20x
Short	Vest CL-PERP	92.730	0.0046	get 0.0006% / 1h	1m 42s	—	$310K	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 +0.054%Rate

Funding earned: $80.54
Price spread: +0.054% → −0.892%: $94.61
Slippage, 4 orders: no order book: not counted
Fee Aster: 4 bp × 2 orders: −$8
Fee Vest: 1 bp × 2 orders: −$2
Net: $165.15
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	0.54 bp	4.5 bp −$5	5.2 bp −$52	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
GRVT CL_USDT_Perp	−0.0346%	4h	92.649	−0.033%	$58K	$630K	25x	as long as short
Aster CLUSD1long	−0.0338%	4h	92.680	long leg	$23.9M	$75.0M	20x
Deribit WTIOIL_USDC-PERPETUAL	−0.0289%	1h	92.660	−0.022%	$123K	$274K	15x	as long as short
Binance CLUSDT	−0.0284%	4h	92.670	−0.011%	$244.5M	$1.02B	100x	as long as short
Variational Omni CL	−0.0273%	4h	92.658	−0.024%	$13.3M	$11.5M	—	as long as short
Gate CL_USDT	−0.0186%	8h	92.610	−0.076%	$21.3M	$55.6M	100x	as long as short
Kraken Futures PF_WTIOILUSD	−0.0120%	1h	92.709	+0.032%	$275K	$912K	25x	as long as short
Ondo Perps WTI-USD.P	−0.0053%	1h	92.670	−0.011%	$3.5M	$5.9M	20x	as long as short
Nado WTI-PERP	−0.0051%	1h	92.754	+0.080%	$935K	$701K	10x	as long as short
Coinbase International WTIOIL-PERP-INTX	−0.0040%	1h	92.030	−0.701%	$399K	$956K	15x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
QFEX CL-USD	−0.0040%	1h	92.680	0.000%	$2.4M	$1.7M	10x	as long as short
tradeXYZ xyz:CL	−0.0032%	1h	92.673	−0.008%	$186.0M	$233.6M	20x	as long as short
OKX CL-USDT-SWAP	−0.0002%	4h	92.680	0.000%	$42.9M	$108.5M	50x	as long as short
dYdX WTI-USD	0.0000%	1h	92.742	+0.067%	$8K	$3K	5x	as long as short
Bybit CLUSDT	0.0000%	8h	92.700	+0.022%	$26.4M	$87.8M	150x	as long as short
RISEx CL/USDC	0.0000%	1h	92.823	+0.155%	$3.3M	$2.7M	20x	as long as short
Bitget CLUSDT	0.0000%	4h	92.665	−0.016%	$42.1M	$47.9M	100x	as long as short
Phoenix WTIOIL	0.0000%	1h	92.680	0.000%	$37K	$66K	20x	as long as short
Bullet WTIOIL-USD	0.0000%	1h	92.704	+0.026%	$18K	$239K	10x	as long as short
gTrade (Gains Network) WTI/USD	L 0.0000% / S +0.0036%	1h	92.246	−0.468%	$5K	—	150x	as long as short
Extended WTI-USD	+0.0008%	1h	92.710	+0.032%	$2.3M	$25.6M	10x	as long as short
Paradex CL-USD-PERP	+0.0010%	8h	92.685	+0.005%	$15K	$367	5x	as long as short
Lighter WTI	+0.0024%	1h	92.671	−0.010%	$11.2M	$10.3M	20x	as long as short
StandX CL-USD	+0.0040%	1h	92.370	−0.334%	$722K	$3.1M	40x	as long as short
Vest CL-PERPshort	+0.0046%	1h	92.730	+0.054%	—	$310K	10x
Polymarket Perps WTIOIL-USD	+0.0050%	1h	92.716	+0.039%	$1.6M	$1.4M	20x	as long as short
SoDEX CL-USD	+0.0050%	1h	92.679	−0.001%	$2.1M	$59K	20x	as long as short
edgeX CLUSDC	+0.0067%	4h	92.621	−0.064%	$533K	$299K	30x	as long as short
KuCoin CLUSDTM	+0.0078%	4h	92.697	+0.018%	$7.2M	$2.3M	50x	as long as short
Pacifica CL	+0.0100%	1h	92.706	+0.029%	$354K	$605K	10x	as long as short
ApeX Omni CLUSDT	+0.0100%	1h	92.740	+0.065%	$56K	$265K	50x	as long as short
Aevo WTIOIL-PERP	+0.0104%	1h	92.646	−0.036%	$4K	—	10x	as long as short
Aftermath Perps WTIUSD	+0.0120%	1h	92.700	+0.022%	$2K	$28K	5x	as long as short
GMX WTIOIL/USD [ETH-USDC]	L +0.0206% / S −0.0131%	1h	92.675	−0.005%	$78K	—	111x	as long as short
Injective WTI/USDC PERP	+0.0220%	1h	101.69	+9.722%	$19K	$11K	30x	as long as short
BloFin CL-USDT	+0.0240%	4h	92.640	−0.043%	$4.0M	$1.2M	50x	as long as short