Funding you earn now, next payment 23:00 UTC+0.0135%/8h= +14.7% APRnext payment +$0.17 per $10,000 · paid last 24h +0.008%
Price spread now: StandX against Bullet+0.004%7-day average −0.026% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$27as in the Price arb table
costs, in and out, $10k−$300.296% of the position
Funding, last 3 days (all we have)−0.012%−$1 on $10k
+Price spread, last 3 days (all we have)+0.001%$0 · spread now +0.004%, 7d avg −0.026%
=Together, before fees−0.011%+ Points / potential airdropStandX: Active · farm board−$1 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and StandX is 0.031% dearer against Bullet than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of −0.026%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bullet WTIOIL-USD | 91.986 | −0.0121 | get 0.0015% / 1h | 15m 55s | $18K | $240K | 10x |
| Short | StandX CL-USD | 91.990 | 0.0013 | get 0.0002% / 1h | 15m 55s | $723K | $3.0M | 40x |
Bullet WTIOIL-USD
StandX CL-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
StandX against Bullet. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $28.27
- Price spread: +0.004% → −0.026%
- $3.05
- Slippage, 4 orders
- −$13.59
- Fee Bullet: 4 bp × 2 orders
- −$8
- Fee StandX: 4 bp × 2 orders
- −$8
- Net
- $1.74
- Costs to cover
- 0.296%
- Break-even
- 6.6 days
Slippage from Bullet: live order book, 3 min ago; StandX: live order book, 3 min ago.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Bullet live order book, 3 min ago | 0.54 bp | 6.3 bp −$6 | 16.9 bp −$169 | doesn't fit | doesn't fit |
| Sell StandX live order book, 3 min ago | 4.35 bp | 8.3 bp −$8 | 9.6 bp −$96 | doesn't fit | doesn't fit |
CL on 36 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter WTI | −0.0296% | 1h | 91.971 | −0.016% | $11.1M | $11.4M | 20x | as long as short |
| Deribit WTIOIL_USDC-PERPETUAL | −0.0293% | 1h | 92.010 | +0.026% | $95K | $208K | 15x | as long as short |
| GRVT CL_USDT_Perp | −0.0172% | 4h | 91.968 | −0.020% | $58K | $715K | 25x | as long as short |
| Nado WTI-PERP | −0.0167% | 1h | 92.058 | +0.078% | $923K | $748K | 10x | as long as short |
| Ondo Perps WTI-USD.P | −0.0167% | 1h | 91.960 | −0.028% | $3.5M | $6.4M | 20x | as long as short |
| Aftermath Perps WTIUSD | −0.0157% | 1h | 92.036 | +0.054% | $2K | $30K | 5x | as long as short |
| tradeXYZ xyz:CL | −0.0144% | 1h | 92.015 | +0.032% | $185.3M | $280.0M | 20x | as long as short |
| Bullet WTIOIL-USDlong | −0.0121% | 1h | 91.986 | long leg | $18K | $240K | 10x | |
| Aster CLUSD1 | −0.0119% | 4h | 92.017 | +0.034% | $23.9M | $78.1M | 20x | as long as short |
| Paradex CL-USD-PERP | −0.0107% | 8h | 91.967 | −0.020% | $15K | $367 | 5x | as long as short |
Lighter WTI
Deribit WTIOIL_USDC-PERPETUAL
GRVT CL_USDT_Perp
Nado WTI-PERP
Ondo Perps WTI-USD.P
Aftermath Perps WTIUSD
tradeXYZ xyz:CL
Aster CLUSD1
Paradex CL-USD-PERPShow all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance CLUSDT | −0.0020% | 4h | 92.002 | +0.018% | $245.3M | $1.12B | 100x | as long as short |
| Polymarket Perps WTIOIL-USD | −0.0003% | 1h | 91.991 | +0.005% | $1.6M | $1.4M | 20x | as long as short |
| Gate CL_USDT | −0.0003% | 8h | 91.930 | −0.061% | $21.2M | $59.4M | 100x | as long as short |
| dYdX WTI-USD | 0.0000% | 1h | 92.108 | +0.132% | $8K | $3K | 5x | as long as short |
| Extended WTI-USD | 0.0000% | 1h | 92.065 | +0.086% | $2.0M | $28.8M | 10x | as long as short |
| Bybit CLUSDT | 0.0000% | 8h | 92.030 | +0.048% | $25.4M | $97.3M | 150x | as long as short |
| OKX CL-USDT-SWAP | 0.0000% | 4h | 91.970 | −0.017% | $43.2M | $113.7M | 50x | as long as short |
| QFEX CL-USD | 0.0000% | 1h | 91.970 | −0.017% | $2.4M | $2.6M | 10x | as long as short |
| Bitget CLUSDT | 0.0000% | 4h | 91.989 | +0.003% | $42.1M | $52.5M | 100x | as long as short |
| Variational Omni CL | 0.0000% | 4h | 91.944 | −0.046% | $13.4M | $13.4M | — | as long as short |
| gTrade (Gains Network) WTI/USD | L 0.0000% / S +0.0036% | 1h | 91.574 | −0.448% | $4K | — | 150x | as long as short |
| Phoenix WTIOIL | +0.0009% | 1h | 92.040 | +0.059% | $37K | $99K | 20x | as long as short |
| StandX CL-USDshort | +0.0013% | 1h | 91.990 | +0.004% | $723K | $3.0M | 40x | |
| Vest CL-PERP | +0.0046% | 1h | 92.090 | +0.113% | — | $243K | 10x | as long as short |
| SoDEX CL-USD | +0.0050% | 1h | 91.982 | −0.004% | $2.0M | $39K | 20x | as long as short |
| edgeX CLUSDC | +0.0062% | 4h | 91.969 | −0.018% | $529K | $341K | 30x | as long as short |
| Pacifica CL | +0.0100% | 1h | 91.994 | +0.008% | $332K | $579K | 10x | as long as short |
| KuCoin CLUSDTM | +0.0100% | 4h | 92.006 | +0.022% | $7.2M | $2.1M | 50x | as long as short |
| ApeX Omni CLUSDT | +0.0100% | 1h | 91.970 | −0.017% | $55K | $266K | 50x | as long as short |
| Aevo WTIOIL-PERP | +0.0104% | 1h | 91.967 | −0.021% | $4K | — | 10x | as long as short |
| Coinbase International WTIOIL-PERP-INTX | +0.0112% | 1h | 92.020 | +0.037% | $398K | $1.1M | 15x | as long as short |
| Injective WTI/USDC PERP | +0.0172% | 1h | 101.16 | +9.972% | $19K | $18K | 30x | as long as short |
| GMX WTIOIL/USD [ETH-USDC] | L +0.0203% / S −0.0127% | 1h | 91.985 | −0.001% | $76K | — | 111x | as long as short |
| BloFin CL-USDT | +0.0240% | 4h | 92.000 | +0.015% | $4.0M | $1.5M | 50x | as long as short |
| Kraken Futures PF_WTIOILUSD | +0.0450% | 1h | 92.003 | +0.018% | $275K | $1.2M | 25x | as long as short |
| RISEx CL/USDC | +0.0977% | 1h | 92.107 | +0.131% | $3.2M | $2.7M | 20x | as long as short |
Binance CLUSDT
Polymarket Perps WTIOIL-USD
Gate CL_USDT
dYdX WTI-USD
Extended WTI-USD
Bybit CLUSDT
OKX CL-USDT-SWAP
QFEX CL-USD
Bitget CLUSDT
Variational Omni CL
gTrade (Gains Network) WTI/USD
Phoenix WTIOIL
Vest CL-PERP
SoDEX CL-USD
edgeX CLUSDC
Pacifica CL
KuCoin CLUSDTM
ApeX Omni CLUSDT
Aevo WTIOIL-PERP
Coinbase International WTIOIL-PERP-INTX
Injective WTI/USDC PERP
GMX WTIOIL/USD [ETH-USDC]
BloFin CL-USDT
Kraken Futures PF_WTIOILUSD
RISEx CL/USDC