Funding arb · Price arb /

CL

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC+0.0166%/8h= +18.1% APRpaid last 24h +0.022%

Price spread now: Vest against Bitget+0.004%7-day average −0.827% · you sell dearer than you buy

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 3 days (all we have)+0.050%+$5 on $10k

Price spread, last 4 days (all we have)−0.120%−$12 · spread now +0.004%, 7d avg −0.827%

Together, before fees−0.069%+ Points / potential airdropVest: Active · farm board−$7 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 0.832% dearer against Bitget than usual: you sell high and buy low: +$83 more if the spread goes back to its 7-day average of −0.827%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget CLUSDT	93.366	−0.0120	get 0.0060% / 4h	2h 06m	$42.1M	$42.7M	100x
Short	Vest CL-PERP	93.370	0.0046	get 0.0006% / 1h	6m 29s	—	$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 +0.004%Rate

Funding earned: $34.79
Price spread: +0.004% → −0.827%: $83.17
Slippage, 4 orders: no order book: not counted
Fee Bitget: 6 bp × 2 orders: −$12
Fee Vest: 1 bp × 2 orders: −$2
Net: $103.96
Costs to cover: 0.140%
Break-even: from the start

Slippage unknown: Bitget: 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 Bitget live order book, 2 min ago	0.54 bp	7.9 bp −$8	10.5 bp −$105	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	−0.0392%	1h	93.360	−0.006%	$196K	$377K	15x	as long as short
GRVT CL_USDT_Perp	−0.0280%	4h	93.511	+0.155%	$58K	$629K	25x	as long as short
Aster CLUSD1	−0.0277%	4h	93.404	+0.041%	$24.4M	$64.5M	20x	as long as short
Kraken Futures PF_WTIOILUSD	−0.0204%	1h	93.393	+0.029%	$285K	$959K	25x	as long as short
Binance CLUSDT	−0.0171%	4h	93.383	+0.019%	$246.2M	$930.7M	100x	as long as short
Variational Omni CL	−0.0165%	4h	93.509	+0.153%	$13.4M	$10.9M	—	as long as short
Aftermath Perps WTIUSD	−0.0154%	1h	93.446	+0.085%	$2K	$26K	5x	as long as short
Bitget CLUSDTlong	−0.0120%	4h	93.366	long leg	$42.1M	$42.7M	100x
Nado WTI-PERP	−0.0107%	1h	93.393	+0.029%	$970K	$632K	10x	as long as short
Gate CL_USDT	−0.0082%	8h	93.290	−0.081%	$22.0M	$50.3M	100x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Ondo Perps WTI-USD.P	−0.0077%	1h	93.320	−0.049%	$3.5M	$5.4M	20x	as long as short
tradeXYZ xyz:CL	−0.0075%	1h	93.345	−0.022%	$184.7M	$212.3M	20x	as long as short
Coinbase International WTIOIL-PERP-INTX	−0.0040%	1h	93.500	+0.144%	$404K	$931K	15x	as long as short
OKX CL-USDT-SWAP	−0.0037%	4h	93.380	+0.015%	$42.6M	$102.2M	50x	as long as short
QFEX CL-USD	−0.0032%	1h	93.360	−0.006%	$2.3M	$2.5M	10x	as long as short
edgeX CLUSDC	−0.0020%	4h	93.498	+0.142%	$526K	$305K	30x	as long as short
dYdX WTI-USD	0.0000%	1h	93.405	+0.042%	$8K	$3K	5x	as long as short
Bybit CLUSDT	0.0000%	8h	93.395	+0.031%	$27.0M	$79.5M	150x	as long as short
RISEx CL/USDC	0.0000%	1h	93.421	+0.059%	$3.1M	$2.9M	20x	as long as short
Phoenix WTIOIL	0.0000%	1h	93.540	+0.186%	$38K	$41K	20x	as long as short
Bullet WTIOIL-USD	0.0000%	1h	93.382	+0.017%	$19K	$240K	10x	as long as short
gTrade (Gains Network) WTI/USD	L 0.0000% / S +0.0036%	1h	92.933	−0.464%	$5K	—	150x	as long as short
Paradex CL-USD-PERP	+0.0020%	8h	93.339	−0.029%	$16K	$367	5x	as long as short
Lighter WTI	+0.0024%	1h	93.355	−0.012%	$11.2M	$9.9M	20x	as long as short
Extended WTI-USD	+0.0032%	1h	93.390	+0.026%	$2.0M	$16.7M	10x	as long as short
StandX CL-USD	+0.0040%	1h	93.420	+0.058%	$740K	$2.8M	40x	as long as short
Vest CL-PERPshort	+0.0046%	1h	93.370	+0.004%	—	$313K	10x
Pacifica CL	+0.0047%	1h	93.357	−0.010%	$332K	$577K	10x	as long as short
Polymarket Perps WTIOIL-USD	+0.0050%	1h	93.368	+0.002%	$1.7M	$1.3M	20x	as long as short
SoDEX CL-USD	+0.0050%	1h	93.390	+0.026%	$2.1M	$60K	20x	as long as short
KuCoin CLUSDTM	+0.0094%	4h	93.405	+0.042%	$7.1M	$2.4M	50x	as long as short
ApeX Omni CLUSDT	+0.0100%	1h	93.580	+0.229%	$54K	$266K	50x	as long as short
Aevo WTIOIL-PERP	+0.0104%	1h	93.360	−0.006%	$4K	—	10x	as long as short
BloFin CL-USDT	+0.0203%	4h	93.370	+0.004%	$4.0M	$988K	50x	as long as short
Injective WTI/USDC PERP	+0.0220%	1h	102.64	+9.938%	$19K	$11K	30x	as long as short
GMX WTIOIL/USD [ETH-USDC]	L +0.0240% / S −0.0173%	1h	93.385	+0.020%	$84K	—	111x	as long as short