Settings8H · net · $10k
Funding arb · Price arb /

CL

RWAall CL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC−0.0140%/8h= −15.3% APRnext payment $0.17 per $10,000 · paid last 24h −0.041%
Price spread now: gTrade (Gains Network) against Aevo−0.441%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 1 day (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and gTrade (Gains Network) is 0.441% cheaper against Aevo than usual: you would sell low and buy high (−$44 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAevo WTIOIL-PERP92.4220.0104pay 0.0013% / 1h33m 48s$4K10x
ShortgTrade (Gains Network) WTI/USD92.014L 0.0000% / S +0.0036%pay 0.0004% / 1h33m 48s$5K150x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

gTrade (Gains Network) against Aevo. 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

Funding earned
−$29.34
Price spread: −0.441% → 0.000%
−$44.12
Slippage, 4 orders
no order book: not counted
Fee Aevo: 8 bp × 2 orders
−$16
Fee gTrade (Gains Network): 4 bp × 2 orders
−$8
Net
−$97.47
Costs to cover
0.240%
Break-even
never at this rate
Slippage unknown: Aevo: no order-book sample; gTrade (Gains Network): 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
LegHalf-spread$10k$100k$1M$5M
Buy Aevo no order-book sample
Sell gTrade (Gains Network) no order-book sample
Aevo and gTrade (Gains Network): 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GRVT CL_USDT_Perp−0.0364%4h92.380−0.045%$58K$693K25xas long as short
Aster CLUSD1−0.0327%4h92.470+0.052%$24.0M$80.6M20xas long as short
Binance CLUSDT−0.0265%4h92.460+0.041%$245.2M$1.07B100xas long as short
Variational Omni CL−0.0254%4h92.451+0.031%$13.2M$12.2Mas long as short
Gate CL_USDT−0.0220%8h92.400−0.024%$21.3M$54.9M100xas long as short
Kraken Futures PF_WTIOILUSD−0.0120%1h92.485+0.069%$274K$1.1M25xas long as short
Nado WTI-PERP−0.0087%1h92.508+0.093%$932K$732K10xas long as short
Deribit WTIOIL_USDC-PERPETUAL−0.0074%1h92.480+0.063%$96K$189K15xas long as short
Ondo Perps WTI-USD.P−0.0046%1h92.430+0.009%$3.5M$6.2M20xas long as short
Coinbase International WTIOIL-PERP-INTX−0.0040%1h92.030−0.424%$399K$960K15xas long as short
Show all 36 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
QFEX CL-USD−0.0040%1h92.440+0.020%$2.4M$2.1M10xas long as short
tradeXYZ xyz:CL−0.0023%1h92.476+0.059%$186.4M$256.6M20xas long as short
Paradex CL-USD-PERP−0.0015%8h92.446+0.026%$15K$3675xas long as short
dYdX WTI-USD0.0000%1h92.483+0.067%$8K$3K5xas long as short
Bybit CLUSDT0.0000%8h92.480+0.063%$26.2M$92.6M150xas long as short
OKX CL-USDT-SWAP0.0000%4h92.460+0.041%$43.0M$111.1M50xas long as short
RISEx CL/USDC0.0000%1h92.582+0.173%$3.3M$2.7M20xas long as short
Bitget CLUSDT0.0000%4h92.461+0.042%$42.1M$50.9M100xas long as short
Phoenix WTIOIL0.0000%1h92.530+0.117%$37K$66K20xas long as short
Bullet WTIOIL-USD0.0000%1h92.459+0.040%$18K$241K10xas long as short
gTrade (Gains Network) WTI/USDshortL 0.0000% / S +0.0036%1h92.014−0.441%$5K150x
Lighter WTI+0.0008%1h92.464+0.046%$11.2M$10.1M20xas long as short
Extended WTI-USD+0.0032%1h92.500+0.085%$2.3M$27.2M10xas long as short
StandX CL-USD+0.0040%1h92.370−0.056%$722K$3.1M40xas long as short
Vest CL-PERP+0.0046%1h92.490+0.074%$310K10xas long as short
Polymarket Perps WTIOIL-USD+0.0050%1h92.473+0.055%$1.6M$1.4M20xas long as short
SoDEX CL-USD+0.0050%1h92.468+0.050%$2.0M$39K20xas long as short
edgeX CLUSDC+0.0096%4h92.401−0.023%$531K$299K30xas long as short
Pacifica CL+0.0100%1h92.479+0.062%$354K$596K10xas long as short
KuCoin CLUSDTM+0.0100%4h92.474+0.056%$7.3M$2.3M50xas long as short
ApeX Omni CLUSDT+0.0100%1h92.550+0.139%$56K$265K50xas long as short
Aevo WTIOIL-PERPlong+0.0104%1h92.422long leg$4K10x
GMX WTIOIL/USD [ETH-USDC]L +0.0206% / S −0.0131%1h92.455+0.036%$78K111xas long as short
Injective WTI/USDC PERP+0.0220%1h101.56+9.883%$19K$11K30xas long as short
BloFin CL-USDT+0.0240%4h92.400−0.024%$4.0M$1.4M50xas long as short
Aftermath Perps WTIUSD+0.0297%1h92.442+0.022%$2K$28K5xas long as short