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

CL

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Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC+0.0131%/8h= +14.3% APRnext payment +$0.16 per $10,000 · paid last 24h +0.086%
Price spread now: GMX against Bullet0.000%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
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$4 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBullet WTIOIL-USD92.4650get 0.0000% / 1h36m 14s$19K$241K10x
ShortGMX WTIOIL/USD [ETH-USDC]92.465L +0.0206% / S −0.0131%get 0.0016% / 1h36m 14s$78K111x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

GMX against Bullet. 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
$27.49
Price spread: 0.000% → 0.000%
$0
Slippage, 4 orders
no order book: not counted
Fee Bullet: 4 bp × 2 orders
−$8
Fee GMX: 6 bp × 2 orders
−$12
Net
$7.49
Costs to cover
0.200%
Break-even
5.1 days
Slippage unknown: Bullet: live order book, 38 min ago; GMX: 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 Bullet live order book, 38 min ago0.54 bp6.3 bp −$617.2 bp −$172doesn't fitdoesn't fit
Sell GMX no order-book sample
GMX: 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%4h92.380−0.092%$58K$693K25xas long as short
Aster CLUSD1−0.0324%4h92.480+0.016%$24.0M$81.1M20xas long as short
Binance CLUSDT−0.0262%4h92.480+0.016%$245.1M$1.08B100xas long as short
Variational Omni CL−0.0254%4h92.451−0.015%$13.2M$12.2Mas long as short
Gate CL_USDT−0.0217%8h92.390−0.081%$21.3M$54.8M100xas long as short
Kraken Futures PF_WTIOILUSD−0.0120%1h92.495+0.032%$274K$1.1M25xas long as short
Nado WTI-PERP−0.0091%1h92.518+0.057%$932K$732K10xas long as short
Deribit WTIOIL_USDC-PERPETUAL−0.0074%1h92.480+0.016%$96K$189K15xas long as short
Ondo Perps WTI-USD.P−0.0051%1h92.450−0.016%$3.5M$6.2M20xas long as short
Coinbase International WTIOIL-PERP-INTX−0.0040%1h92.030−0.470%$399K$960K15xas long as short
Show all 36 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
QFEX CL-USD−0.0040%1h92.450−0.016%$2.4M$2.1M10xas long as short
tradeXYZ xyz:CL−0.0026%1h92.481+0.017%$186.6M$256.5M20xas long as short
Paradex CL-USD-PERP−0.0018%8h92.464−0.001%$15K$3675xas long as short
Lighter WTI0.0000%1h92.480+0.016%$11.2M$10.1M20xas long as short
dYdX WTI-USD0.0000%1h92.483+0.020%$8K$3K5xas long as short
Bybit CLUSDT0.0000%8h92.490+0.027%$26.1M$92.7M150xas long as short
OKX CL-USDT-SWAP0.0000%4h92.440−0.027%$42.9M$111.0M50xas long as short
RISEx CL/USDC0.0000%1h92.599+0.145%$3.3M$2.7M20xas long as short
Bitget CLUSDT0.0000%4h92.463−0.002%$42.1M$50.9M100xas long as short
Phoenix WTIOIL0.0000%1h92.530+0.070%$37K$66K20xas long as short
Bullet WTIOIL-USDlong0.0000%1h92.465long leg$19K$241K10x
gTrade (Gains Network) WTI/USDL 0.0000% / S +0.0036%1h92.025−0.476%$5K150xas long as short
Extended WTI-USD+0.0032%1h92.500+0.038%$2.3M$27.3M10xas long as short
StandX CL-USD+0.0040%1h92.420−0.049%$723K$3.1M40xas long as short
Vest CL-PERP+0.0046%1h92.500+0.038%$310K10xas long as short
Polymarket Perps WTIOIL-USD+0.0050%1h92.474+0.010%$1.6M$1.4M20xas long as short
SoDEX CL-USD+0.0050%1h92.470+0.005%$2.0M$39K20xas long as short
edgeX CLUSDC+0.0096%4h92.401−0.070%$531K$299K30xas long as short
Pacifica CL+0.0100%1h92.477+0.013%$354K$596K10xas long as short
KuCoin CLUSDTM+0.0100%4h92.500+0.038%$7.2M$2.3M50xas long as short
ApeX Omni CLUSDT+0.0100%1h92.470+0.005%$56K$265K50xas long as short
Aevo WTIOIL-PERP+0.0104%1h92.435−0.032%$4K10xas long as short
GMX WTIOIL/USD [ETH-USDC]shortL +0.0206% / S −0.0131%1h92.4650.000%$78K111x
Injective WTI/USDC PERP+0.0220%1h101.56+9.832%$19K$11K30xas long as short
BloFin CL-USDT+0.0240%4h92.400−0.070%$4.0M$1.4M50xas long as short
Aftermath Perps WTIUSD+0.0305%1h92.413−0.056%$2K$28K5xas long as short