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

CL

RWAall CL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC+0.0001%/8h= +0.1% APRpaid last 24h +0.003%
Price spread now: Paradex against Bullet−0.018%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 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropParadex: Active · farm boardneeds both histories
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBullet WTIOIL-USD93.3440get 0.0000% / 1h31m 01s$19K$240K10x
ShortParadex CL-USD-PERP93.3280.0001get 0.0001% / 8h2h 31m$16K$3675x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Paradex 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
$0.23
Price spread: −0.018% → 0.000%
−$1.78
Slippage, 4 orders
no order book: not counted
Fee Bullet: 4 bp × 2 orders
−$8
Fee Paradex: 2 bp × 2 orders
−$4
Net
−$13.55
Costs to cover
0.120%
Break-even
413.5 days
Slippage unknown: Bullet: live order book, 18 min ago; Paradex: 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 ago1.55 bp8.9 bp −$917.6 bp −$176doesn't fitdoesn't fit
Sell Paradex no order-book sample
Paradex: 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−0.0607%1h93.310−0.037%$197K$373K15xas long as short
GRVT CL_USDT_Perp−0.0330%4h93.298−0.050%$58K$639K25xas long as short
Aster CLUSD1−0.0305%4h93.353+0.009%$24.4M$65.2M20xas long as short
Kraken Futures PF_WTIOILUSD−0.0204%1h93.350+0.006%$284K$962K25xas long as short
Binance CLUSDT−0.0194%4h93.340−0.005%$246.3M$931.4M100xas long as short
Variational Omni CL−0.0184%4h93.331−0.015%$13.3M$10.8Mas long as short
Aftermath Perps WTIUSD−0.0151%1h93.337−0.008%$2K$26K5xas long as short
Nado WTI-PERP−0.0134%1h93.397+0.057%$966K$619K10xas long as short
Bitget CLUSDT−0.0134%4h93.329−0.017%$42.1M$42.9M100xas long as short
Ondo Perps WTI-USD.P−0.0125%1h93.260−0.090%$3.5M$5.4M20xas long as short
Show all 36 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
edgeX CLUSDC−0.0078%4h93.321−0.026%$525K$306K30xas long as short
Gate CL_USDT−0.0075%8h93.280−0.069%$21.7M$49.6M100xas long as short
tradeXYZ xyz:CL−0.0071%1h93.346+0.002%$184.5M$214.4M20xas long as short
OKX CL-USDT-SWAP−0.0064%4h93.350+0.006%$42.6M$102.5M50xas long as short
Coinbase International WTIOIL-PERP-INTX−0.0040%1h93.160−0.198%$403K$929K15xas long as short
QFEX CL-USD−0.0032%1h93.330−0.015%$2.3M$2.3M10xas long as short
Lighter WTI0.0000%1h93.327−0.019%$11.2M$9.9M20xas long as short
dYdX WTI-USD0.0000%1h93.410+0.070%$8K$3K5xas long as short
Bybit CLUSDT0.0000%8h93.370+0.027%$27.1M$79.6M150xas long as short
RISEx CL/USDC0.0000%1h93.395+0.054%$3.1M$2.9M20xas long as short
Phoenix WTIOIL0.0000%1h93.380+0.038%$38K$41K20xas long as short
Bullet WTIOIL-USDlong0.0000%1h93.344long leg$19K$240K10x
gTrade (Gains Network) WTI/USDL 0.0000% / S +0.0036%1h92.901−0.475%$5K150xas long as short
Paradex CL-USD-PERPshort+0.0001%8h93.328−0.018%$16K$3675x
Extended WTI-USD+0.0032%1h93.370+0.027%$2.0M$17.4M10xas long as short
StandX CL-USD+0.0040%1h93.290−0.058%$738K$2.9M40xas long as short
Vest CL-PERP+0.0046%1h93.350+0.006%$313K10xas long as short
Pacifica CL+0.0047%1h93.349+0.004%$332K$576K10xas long as short
Polymarket Perps WTIOIL-USD+0.0050%1h93.332−0.013%$1.7M$1.3M20xas long as short
SoDEX CL-USD+0.0050%1h93.345+0.001%$2.1M$60K20xas long as short
KuCoin CLUSDTM+0.0052%4h93.366+0.023%$7.1M$2.4M50xas long as short
ApeX Omni CLUSDT+0.0100%1h93.400+0.060%$54K$266K50xas long as short
Aevo WTIOIL-PERP+0.0104%1h93.310−0.037%$4K10xas long as short
BloFin CL-USDT+0.0175%4h93.350+0.006%$4.0M$1.0M50xas long as short
Injective WTI/USDC PERP+0.0220%1h102.60+9.919%$19K$11K30xas long as short
GMX WTIOIL/USD [ETH-USDC]L +0.0236% / S −0.0168%1h93.345+0.001%$84K111xas long as short