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

CL

RWAall CL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC+0.0152%/8h= +16.6% APRnext payment +$0.19 per $10,000 · paid last 24h +0.029%
Price spread now: Aevo against Coinbase International−0.057%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 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Funding pays, the price is against you. Aevo is 0.057% cheaper against Coinbase International than usual: you would sell low and buy high (spread −0.057% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$6 on $10k: about 30 hours of funding at the current rate (+$5 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongCoinbase International WTIOIL-PERP-INTX92.750−0.0048get 0.0006% / 1h22m 50s$402K$946K15x
ShortAevo WTIOIL-PERP92.6970.0104get 0.0013% / 1h22m 50s$4K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aevo against Coinbase International. 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
$31.92
Price spread: −0.057% → 0.000%
−$5.69
Slippage, 4 orders
no order book: not counted
Fee Coinbase International: 5 bp × 2 orders
−$10
Fee Aevo: 8 bp × 2 orders
−$16
Net
$0.23
Costs to cover
0.260%
Break-even
7.0 days
Slippage unknown: Coinbase International: live order book, 21 min ago; Aevo: 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 Coinbase International live order book, 21 min ago2.16 bp7.4 bp −$79.2 bp −$92doesn't fitdoesn't fit
Sell Aevo no order-book sample
Aevo: 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 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
Deribit WTIOIL_USDC-PERPETUAL−0.0505%1h92.700−0.054%$198K$365K15xas long as short
Aster CLUSD1−0.0308%4h92.773+0.024%$23.9M$73.5M20xas long as short
GRVT CL_USDT_Perp−0.0266%4h92.740−0.011%$53K$631K25xas long as short
Binance CLUSDT−0.0259%4h92.740−0.011%$244.1M$980.1M100xas long as short
Variational Omni CL−0.0256%4h92.710−0.043%$13.3M$11.1Mas long as short
Gate CL_USDT−0.0124%8h92.690−0.065%$20.8M$53.6M100xas long as short
Nado WTI-PERP−0.0057%1h92.788+0.041%$965K$677K10xas long as short
tradeXYZ xyz:CL−0.0054%1h92.730−0.022%$184.3M$220.4M20xas long as short
Coinbase International WTIOIL-PERP-INTXlong−0.0048%1h92.750long leg$402K$946K15x
Ondo Perps WTI-USD.P−0.0041%1h92.720−0.032%$3.5M$5.7M20xas long as short
Show all 35 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_WTIOILUSD−0.0038%1h92.777+0.029%$270K$877K25xas long as short
QFEX CL-USD−0.0033%1h92.730−0.022%$2.5M$1.7M10xas long as short
OKX CL-USDT-SWAP−0.0018%4h92.730−0.022%$42.8M$105.4M50xas long as short
dYdX WTI-USD0.0000%1h92.757+0.008%$8K$3K5xas long as short
Bybit CLUSDT0.0000%8h92.741−0.010%$26.8M$82.5M150xas long as short
Bitget CLUSDT0.0000%4h92.719−0.033%$41.9M$44.2M100xas long as short
Phoenix WTIOIL0.0000%1h92.780+0.032%$37K$51K20xas long as short
Bullet WTIOIL-USD0.0000%1h92.738−0.013%$18K$240K10xas long as short
gTrade (Gains Network) WTI/USDL 0.0000% / S +0.0036%1h92.292−0.494%$5K150xas long as short
Paradex CL-USD-PERP+0.0027%8h92.719−0.033%$16K$3675xas long as short
Aftermath Perps WTIUSD+0.0027%1h92.787+0.040%$2K$28K5xas long as short
Lighter WTI+0.0032%1h92.733−0.018%$11.2M$10.3M20xas long as short
Extended WTI-USD+0.0032%1h92.790+0.043%$2.1M$24.6M10xas long as short
RISEx CL/USDC+0.0037%1h92.859+0.117%$3.3M$2.7M20xas long as short
edgeX CLUSDC+0.0038%4h92.754+0.004%$533K$297K30xas long as short
StandX CL-USD+0.0040%1h92.340−0.442%$726K$3.0M40xas long as short
Vest CL-PERP+0.0046%1h92.760+0.011%$310K10xas long as short
Polymarket Perps WTIOIL-USD+0.0050%1h92.746−0.004%$1.6M$1.3M20xas long as short
SoDEX CL-USD+0.0050%1h92.735−0.016%$2.1M$61K20xas long as short
KuCoin CLUSDTM+0.0074%4h92.767+0.018%$7.2M$2.3M50xas long as short
Pacifica CL+0.0100%1h92.738−0.013%$331K$618K10xas long as short
ApeX Omni CLUSDT+0.0100%1h92.720−0.032%$56K$265K50xas long as short
Aevo WTIOIL-PERPshort+0.0104%1h92.697−0.057%$4K10x
GMX WTIOIL/USD [ETH-USDC]L +0.0207% / S −0.0131%1h92.735−0.016%$78K111xas long as short
Injective WTI/USDC PERP+0.0220%1h101.83+9.793%$19K$11K30xas long as short