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

CL

RWAall CL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC+0.0266%/8h= +29.2% APRpaid last 24h 0.000%
Price spread now: RISEx against Bitget+0.174%7-day average +0.039% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$15as in the Price arb table
costs, in and out, $10k−$290.286% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)+0.137%+$14 on $10k
Price spread, last 7 days−0.098%−$10 · spread now +0.174%, 7d avg +0.039%
Together, before fees+0.038%+$4 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$8 a day on $10k at the current rate, and RISEx is 0.135% dearer against Bitget than usual: you sell high and buy low: +$14 more if the spread goes back to its 7-day average of +0.039%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget CLUSDT91.8660get 0.0000% / 4h2h 10m$42.1M$67.5M100x
ShortRISEx CL/USDC92.0260.0266get 0.0033% / 1h10m 58s$3.2M$2.7M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

RISEx 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

Funding earned
$55.95
Price spread: +0.174% → +0.039%
$13.51
Slippage, 4 orders
−$10.57
Fee Bitget: 6 bp × 2 orders
−$12
Fee RISEx: 3 bp × 2 orders
−$6
Net
$40.89
Costs to cover
0.286%
Break-even
1.9 days
Slippage from Bitget: live order book, 8 min ago; RISEx: live order book, 3 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Bitget live order book, 8 min ago0.44 bp9.9 bp −$1014.3 bp −$14335.1 bp −$3,511doesn't fit
Sell RISEx live order book, 3 min ago2.28 bp5.3 bp −$59.2 bp −$92doesn't fitdoesn't fit

CL on 35 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
QFEX CL-USD−0.0019%1h91.900+0.037%$2.4M$2.8M10xas long as short
Aster CLUSD10.0000%4h91.956+0.098%$24.5M$77.2M20xas long as short
dYdX WTI-USD0.0000%1h91.854−0.013%$8K$3K5xas long as short
Binance CLUSDT0.0000%4h91.904+0.041%$246.1M$1.14B100xas long as short
Bybit CLUSDT0.0000%8h91.873+0.008%$25.1M$100.0M150xas long as short
OKX CL-USDT-SWAP0.0000%4h91.880+0.015%$42.9M$116.5M50xas long as short
Gate CL_USDT0.0000%8h91.820−0.050%$21.2M$63.4M100xas long as short
Bitget CLUSDTlong0.0000%4h91.866long leg$42.1M$67.5M100x
Variational Omni CL0.0000%4h91.911+0.049%$13.6M$16.2Mas long as short
GRVT CL_USDT_Perp0.0000%4h91.879+0.014%$58K$774K25xas long as short
Show all 35 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bullet WTIOIL-USD0.0000%1h91.916+0.054%$17K$241K10xas long as short
Deribit WTIOIL_USDC-PERPETUAL0.0000%1h91.940+0.081%$95K$260K15xas long as short
Aftermath Perps WTIUSD+0.0002%1h91.910+0.048%$2K$31K5xas long as short
edgeX CLUSDC+0.0004%4h91.930+0.070%$529K$343K30xas long as short
Phoenix WTIOIL+0.0009%1h91.990+0.135%$33K$99K20xas long as short
Paradex CL-USD-PERP+0.0028%8h91.895+0.031%$15K$3675xas long as short
Lighter WTI+0.0032%1h91.853−0.014%$11.0M$12.3M20xas long as short
Extended WTI-USD+0.0032%1h91.971+0.114%$2.0M$29.6M10xas long as short
Injective WTI/USDC PERP+0.0033%1h91.880+0.015%$17K$18K30xas long as short
Kraken Futures PF_WTIOILUSD+0.0040%1h91.937+0.077%$257K$1.3M25xas long as short
StandX CL-USD+0.0040%1h91.910+0.048%$725K$3.1M40xas long as short
Coinbase International WTIOIL-PERP-INTX+0.0040%1h92.080+0.233%$393K$1.3M15xas long as short
Vest CL-PERP+0.0046%1h92.020+0.168%$243K10xas long as short
tradeXYZ xyz:CL+0.0050%1h91.889+0.025%$182.5M$296.6M20xas long as short
Polymarket Perps WTIOIL-USD+0.0050%1h91.910+0.048%$1.6M$1.4M20xas long as short
SoDEX CL-USD+0.0050%1h91.890+0.026%$2.0M$39K20xas long as short
Ondo Perps WTI-USD.P+0.0050%1h91.890+0.026%$3.5M$6.5M20xas long as short
Pacifica CL+0.0100%1h91.903+0.040%$334K$575K10xas long as short
KuCoin CLUSDTM+0.0100%4h91.895+0.032%$7.3M$2.1M50xas long as short
ApeX Omni CLUSDT+0.0100%1h91.930+0.070%$55K$266K50xas long as short
Aevo WTIOIL-PERP+0.0104%1h91.891+0.027%$4K10xas long as short
Nado WTI-PERP+0.0191%1h91.902+0.039%$881K$788K10xas long as short
GMX WTIOIL/USD [ETH-USDC]L +0.0212% / S −0.0127%1h91.935+0.075%$76K29xas long as short
BloFin CL-USDT+0.0240%4h91.880+0.015%$4.0M$1.5M50xas long as short
RISEx CL/USDCshort+0.0266%1h92.026+0.174%$3.2M$2.7M20x