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

CL

RWAall CL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC+0.0117%/8h= +12.8% APRnext payment +$0.15 per $10,000 · paid last 24h +0.020%
Price spread now: Coinbase International against Aftermath Perps+0.051%7-day average · you sell dearer than you buy
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 3 days (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 for this trade now. Funding pays +$4 a day on $10k at the current rate, and Coinbase International is 0.051% dearer against Aftermath Perps than usual: you sell high and buy low: +$5 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAftermath Perps WTIUSD93.452−0.0157get 0.0020% / 1h17m 42s$2K$26K5x
ShortCoinbase International WTIOIL-PERP-INTX93.500−0.0040pay 0.0005% / 1h17m 42s$404K$931K15x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Coinbase International against Aftermath Perps. 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
$24.56
Price spread: +0.051% → 0.000%
$5.11
Slippage, 4 orders
no order book: not counted
Fee Aftermath Perps: 4.5 bp × 2 orders
−$9
Fee Coinbase International: 5 bp × 2 orders
−$10
Net
$10.67
Costs to cover
0.190%
Break-even
4.0 days
Slippage unknown: Aftermath Perps: no order-book sample; Coinbase International: live order book, 6 min ago. 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 Aftermath Perps no order-book sample
Sell Coinbase International live order book, 6 min ago1.61 bp6.6 bp −$78.4 bp −$84doesn't fitdoesn't fit
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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Deribit WTIOIL_USDC-PERPETUAL−0.0499%1h93.410−0.045%$197K$376K15xas long as short
GRVT CL_USDT_Perp−0.0300%4h93.402−0.054%$58K$629K25xas long as short
Aster CLUSD1−0.0291%4h93.510+0.062%$24.4M$64.9M20xas long as short
Kraken Futures PF_WTIOILUSD−0.0204%1h93.466+0.015%$285K$958K25xas long as short
Binance CLUSDT−0.0183%4h93.470+0.019%$246.2M$932.5M100xas long as short
Variational Omni CL−0.0174%4h93.399−0.057%$13.4M$10.9Mas long as short
Aftermath Perps WTIUSDlong−0.0157%1h93.452long leg$2K$26K5x
Bitget CLUSDT−0.0128%4h93.450−0.002%$42.1M$42.8M100xas long as short
Nado WTI-PERP−0.0125%1h93.483+0.032%$967K$615K10xas long as short
Ondo Perps WTI-USD.P−0.0093%1h93.410−0.045%$3.5M$5.4M20xas long as short
Show all 36 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate CL_USDT−0.0077%8h93.390−0.067%$21.9M$50.0M100xas long as short
tradeXYZ xyz:CL−0.0070%1h93.451−0.001%$184.9M$213.5M20xas long as short
OKX CL-USDT-SWAP−0.0051%4h93.460+0.008%$42.7M$103.0M50xas long as short
Coinbase International WTIOIL-PERP-INTXshort−0.0040%1h93.500+0.051%$404K$931K15x
QFEX CL-USD−0.0032%1h93.440−0.013%$2.3M$2.5M10xas long as short
edgeX CLUSDC−0.0010%4h93.378−0.080%$525K$306K30xas long as short
dYdX WTI-USD0.0000%1h93.495+0.046%$8K$3K5xas long as short
Bybit CLUSDT0.0000%8h93.481+0.031%$27.2M$79.6M150xas long as short
RISEx CL/USDC0.0000%1h93.495+0.046%$3.1M$2.9M20xas long as short
Phoenix WTIOIL0.0000%1h93.470+0.019%$38K$41K20xas long as short
Bullet WTIOIL-USD0.0000%1h93.450−0.003%$18K$240K10xas long as short
gTrade (Gains Network) WTI/USDL 0.0000% / S +0.0036%1h92.989−0.496%$5K150xas long as short
Paradex CL-USD-PERP+0.0013%8h93.449−0.003%$16K$3675xas long as short
Lighter WTI+0.0016%1h93.470+0.019%$11.2M$9.9M20xas long as short
Extended WTI-USD+0.0032%1h93.470+0.019%$2.0M$17.0M10xas long as short
StandX CL-USD+0.0040%1h93.470+0.019%$740K$2.8M40xas long as short
Vest CL-PERP+0.0046%1h93.450−0.002%$313K10xas long as short
Pacifica CL+0.0047%1h93.463+0.011%$332K$577K10xas long as short
Polymarket Perps WTIOIL-USD+0.0050%1h93.440−0.013%$1.7M$1.3M20xas long as short
SoDEX CL-USD+0.0050%1h93.447−0.006%$2.1M$60K20xas long as short
KuCoin CLUSDTM+0.0080%4h93.496+0.047%$7.1M$2.4M50xas long as short
ApeX Omni CLUSDT+0.0100%1h93.480+0.030%$54K$266K50xas long as short
Aevo WTIOIL-PERP+0.0104%1h93.425−0.029%$4K10xas long as short
BloFin CL-USDT+0.0187%4h93.440−0.013%$4.0M$1.0M50xas long as short
Injective WTI/USDC PERP+0.0220%1h102.60+9.792%$19K$11K30xas long as short
GMX WTIOIL/USD [ETH-USDC]L +0.0238% / S −0.0171%1h93.455+0.003%$84K111xas long as short