Funding arb · Price arb /

CL

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0019%/8h= −2.1% APRpaid last 24h −0.017%

Price spread now: Aftermath Perps against edgeX+0.005%68s7-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 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 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: −$1 a day on $10k at the current rate. The two prices were read 68 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	edgeX CLUSDC	92.022	0.0068	pay 0.0034% / 4h	45m 59s	$529K	$335K	30x
Short	Aftermath Perps WTIUSD	92.027	0.0049	get 0.0006% / 1h	45m 59s	$2K	$29K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aftermath Perps 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 Aftermath PerpsbpOrdersPrice spread, now +0.005%Rate

Funding earned: −$4.08
Price spread: +0.005% → 0.000%: $0.52
Slippage, 4 orders: no order book: not counted
Fee edgeX: 4.5 bp × 2 orders: −$9
Fee Aftermath Perps: 4.5 bp × 2 orders: −$9
Net: −$21.56
Costs to cover: 0.180%
Break-even: never at this rate

Slippage unknown: edgeX: live order book, 33 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 edgeX live order book, 33 min ago	9.94 bp	14.4 bp −$14	14.8 bp −$148	21.2 bp −$2,125	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
Kraken Futures PF_WTIOILUSD	−0.0450%	1h	92.027	+0.006%	$275K	$1.2M	25x	as long as short
GRVT CL_USDT_Perp	−0.0290%	4h	91.994	−0.031%	$58K	$702K	25x	as long as short
Aster CLUSD1	−0.0218%	4h	92.030	+0.009%	$23.9M	$77.6M	20x	as long as short
Deribit WTIOIL_USDC-PERPETUAL	−0.0184%	1h	92.030	+0.009%	$96K	$189K	15x	as long as short
Nado WTI-PERP	−0.0174%	1h	92.077	+0.060%	$923K	$744K	10x	as long as short
Binance CLUSDT	−0.0137%	4h	92.011	−0.012%	$245.2M	$1.10B	100x	as long as short
Lighter WTI	−0.0136%	1h	92.008	−0.015%	$11.1M	$10.9M	20x	as long as short
Ondo Perps WTI-USD.P	−0.0135%	1h	92.000	−0.024%	$3.5M	$6.4M	20x	as long as short
tradeXYZ xyz:CL	−0.0110%	1h	92.030	+0.009%	$185.7M	$275.8M	20x	as long as short
Paradex CL-USD-PERP	−0.0107%	8h	91.987	−0.038%	$15K	$367	5x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Variational Omni CL	−0.0096%	4h	91.994	−0.031%	$13.4M	$13.0M	—	as long as short
Bullet WTIOIL-USD	−0.0078%	1h	92.003	−0.021%	$19K	$241K	10x	as long as short
QFEX CL-USD	−0.0054%	1h	92.000	−0.024%	$2.4M	$2.6M	10x	as long as short
Gate CL_USDT	−0.0022%	8h	91.960	−0.068%	$21.3M	$57.5M	100x	as long as short
Pacifica CL	−0.0020%	1h	92.022	0.000%	$332K	$576K	10x	as long as short
dYdX WTI-USD	0.0000%	1h	92.108	+0.093%	$8K	$3K	5x	as long as short
Bybit CLUSDT	0.0000%	8h	92.040	+0.019%	$25.6M	$94.8M	150x	as long as short
OKX CL-USDT-SWAP	0.0000%	4h	92.010	−0.013%	$43.1M	$113.0M	50x	as long as short
RISEx CL/USDC	0.0000%	1h	92.127	+0.114%	$3.3M	$2.7M	20x	as long as short
Bitget CLUSDT	0.0000%	4h	92.003	−0.021%	$41.9M	$51.8M	100x	as long as short
Phoenix WTIOIL	0.0000%	1h	92.080	+0.063%	$37K	$101K	20x	as long as short
Coinbase International WTIOIL-PERP-INTX	0.0000%	1h	92.030	+0.009%	$399K	$984K	15x	as long as short
gTrade (Gains Network) WTI/USD	L 0.0000% / S +0.0036%	1h	91.597	−0.462%	$4K	—	150x	as long as short
Polymarket Perps WTIOIL-USD	+0.0025%	1h	92.008	−0.015%	$1.6M	$1.4M	20x	as long as short
Extended WTI-USD	+0.0032%	1h	92.075	+0.057%	$2.0M	$27.5M	10x	as long as short
StandX CL-USD	+0.0040%	1h	91.990	−0.035%	$723K	$3.1M	40x	as long as short
Vest CL-PERP	+0.0046%	1h	92.070	+0.052%	—	$308K	10x	as long as short
Aftermath Perps WTIUSDshort	+0.0049%	1h	92.027	+0.005%	$2K	$29K	5x
SoDEX CL-USD	+0.0050%	1h	92.015	−0.008%	$2.0M	$39K	20x	as long as short
edgeX CLUSDClong	+0.0068%	4h	92.022	long leg	$529K	$335K	30x
KuCoin CLUSDTM	+0.0100%	4h	92.007	−0.016%	$7.3M	$2.1M	50x	as long as short
ApeX Omni CLUSDT	+0.0100%	1h	92.050	+0.030%	$55K	$266K	50x	as long as short
Aevo WTIOIL-PERP	+0.0104%	1h	91.982	−0.044%	$4K	—	10x	as long as short
GMX WTIOIL/USD [ETH-USDC]	L +0.0203% / S −0.0127%	1h	92.005	−0.019%	$76K	—	111x	as long as short
Injective WTI/USDC PERP	+0.0220%	1h	101.28	+10.055%	$19K	$11K	30x	as long as short
BloFin CL-USDT	+0.0240%	4h	92.000	−0.024%	$4.0M	$1.4M	50x	as long as short