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+0.0220%/8h= +24.1% APRnext payment +$0.28 per $10,000 · paid last 24h +0.043%
Price spread now: Injective against Bullet+10.030%54s7-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 +$7 a day on $10k at the current rate, and Injective is 10.030% dearer against Bullet than usual: you sell high and buy low: +$1,003 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 54 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBullet WTIOIL-USD92.1400get 0.0000% / 1h56m 11s$18K$241K10x
ShortInjective WTI/USDC PERP101.380.0220get 0.0028% / 1h56m 11s$19K$11K30x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Injective 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
$46.2
Price spread: +10.030% → 0.000%
$1,003.04
Slippage, 4 orders
no order book: not counted
Fee Bullet: 4 bp × 2 orders
−$8
Fee Injective: 0.01 bp × 2 orders
−$0.02
Net
$1,041.22
Costs to cover
0.080%
Break-even
from the start
Slippage unknown: Bullet: live order book, 18 min ago; Injective: 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, 18 min ago0.54 bp6.3 bp −$617.2 bp −$172doesn't fitdoesn't fit
Sell Injective no order-book sample
Injective: 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−0.0328%4h92.193+0.058%$58K$702K25xas long as short
Aster CLUSD1−0.0303%4h92.170+0.033%$23.9M$78.4M20xas long as short
Deribit WTIOIL_USDC-PERPETUAL−0.0292%1h92.150+0.011%$96K$189K15xas long as short
Binance CLUSDT−0.0231%4h92.160+0.022%$244.2M$1.09B100xas long as short
Variational Omni CL−0.0223%4h92.093−0.051%$13.2M$12.7Mas long as short
Gate CL_USDT−0.0133%8h92.090−0.054%$21.3M$54.1M100xas long as short
Nado WTI-PERP−0.0128%1h92.218+0.085%$923K$732K10xas long as short
Kraken Futures PF_WTIOILUSD−0.0120%1h92.161+0.022%$273K$1.2M25xas long as short
Bybit CLUSDT−0.0069%8h92.160+0.022%$25.9M$94.1M150xas long as short
Ondo Perps WTI-USD.P−0.0054%1h92.100−0.043%$3.5M$6.2M20xas long as short
Show all 36 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter WTI−0.0040%1h92.143+0.003%$11.2M$9.9M20xas long as short
Coinbase International WTIOIL-PERP-INTX−0.0040%1h92.030−0.119%$399K$962K15xas long as short
QFEX CL-USD−0.0040%1h92.150+0.011%$2.4M$2.3M10xas long as short
tradeXYZ xyz:CL−0.0038%1h92.178+0.041%$185.8M$267.7M20xas long as short
Paradex CL-USD-PERP−0.0030%8h92.106−0.037%$15K$3675xas long as short
dYdX WTI-USD0.0000%1h92.160+0.021%$8K$3K5xas long as short
OKX CL-USDT-SWAP0.0000%4h92.130−0.011%$42.9M$111.4M50xas long as short
RISEx CL/USDC0.0000%1h92.280+0.152%$3.3M$2.7M20xas long as short
Bitget CLUSDT0.0000%4h92.149+0.010%$41.9M$51.5M100xas long as short
Phoenix WTIOIL0.0000%1h92.280+0.152%$37K$66K20xas long as short
Bullet WTIOIL-USDlong0.0000%1h92.140long leg$18K$241K10x
gTrade (Gains Network) WTI/USDL 0.0000% / S +0.0036%1h91.728−0.447%$5K150xas long as short
edgeX CLUSDC+0.0019%4h92.253+0.123%$530K$305K30xas long as short
Extended WTI-USD+0.0032%1h92.200+0.065%$2.0M$26.7M10xas long as short
StandX CL-USD+0.0040%1h92.130−0.011%$721K$3.1M40xas long as short
Vest CL-PERP+0.0046%1h92.200+0.065%$308K10xas long as short
Polymarket Perps WTIOIL-USD+0.0050%1h92.162+0.024%$1.6M$1.4M20xas long as short
SoDEX CL-USD+0.0050%1h92.138−0.002%$2.0M$39K20xas long as short
Pacifica CL+0.0100%1h92.109−0.034%$353K$596K10xas long as short
KuCoin CLUSDTM+0.0100%4h92.147+0.008%$7.3M$2.2M50xas long as short
ApeX Omni CLUSDT+0.0100%1h92.220+0.087%$56K$265K50xas long as short
Aevo WTIOIL-PERP+0.0104%1h92.159+0.020%$4K10xas long as short
GMX WTIOIL/USD [ETH-USDC]L +0.0206% / S −0.0131%1h92.135−0.005%$77K111xas long as short
Injective WTI/USDC PERPshort+0.0220%1h101.38+10.030%$19K$11K30x
BloFin CL-USDT+0.0240%4h92.150+0.011%$4.0M$1.4M50xas long as short
Aftermath Perps WTIUSD+0.0484%1h92.092−0.052%$2K$29K5xas long as short