CL

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0016%/8h= −1.8% APRnext payment −$0.02 per $10,000 · paid last 24h 0.000%

Price spread now: dYdX against Coinbase International−0.088%86s7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Coinbase International Short on dYdX

What this pair did over the last

the charts below follow

Funding, last 6 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

Both sides work against this trade now: funding costs $0 a day on $10k at the current rate, and dYdX is 0.088% cheaper against Coinbase International than usual: you would sell low and buy high (−$9 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 86 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Coinbase International WTIOIL-PERP-INTX	90.460	0.0016	pay 0.0002% / 1h	1m 19s	$407K	$1.0M	15x
Short	dYdX WTI-USD	90.381	0	get 0.0000% / 1h	1m 19s	$8K	$3K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

dYdX 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

Position, each leg$Hold fordaysFee Coinbase InternationalbpFee dYdXbpOrdersPrice spread, now −0.088%Rate

Funding earned: −$3.36
Price spread: −0.088% → 0.000%: −$8.78
Slippage, 4 orders: no order book: not counted
Fee Coinbase International: 5 bp × 2 orders: −$10
Fee dYdX: 5 bp × 2 orders: −$10
Net: −$32.14
Costs to cover: 0.200%
Break-even: never at this rate

Slippage unknown: Coinbase International: live order book, 2 min ago; dYdX: 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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Coinbase International live order book, 2 min ago	1.11 bp	8.3 bp −$8	10.2 bp −$102	doesn't fit	doesn't fit
Sell dYdX no order-book sample	—	—	—	—	—

dYdX: 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.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Kraken Futures PF_WTIOILUSD	−0.0322%	1h	90.484	+0.027%	$266K	$1.0M	25x	as long as short
Deribit WTIOIL_USDC-PERPETUAL	−0.0303%	1h	90.420	−0.044%	$181K	$415K	15x	as long as short
Aster CLUSD1	−0.0206%	4h	90.500	+0.044%	$24.6M	$60.7M	20x	as long as short
Binance CLUSDT	−0.0125%	4h	90.500	+0.044%	$245.7M	$1.02B	100x	as long as short
Bitget CLUSDT	−0.0104%	4h	90.481	+0.023%	$40.7M	$45.5M	100x	as long as short
Gate CL_USDT	−0.0103%	8h	90.440	−0.022%	$22.9M	$53.2M	100x	as long as short
Variational Omni CL	−0.0102%	4h	90.380	−0.088%	$13.1M	$10.9M	—	as long as short
GRVT CL_USDT_Perp	−0.0092%	4h	90.248	−0.235%	$70K	$616K	25x	as long as short
Nado WTI-PERP	−0.0091%	1h	90.472	+0.014%	$937K	$613K	10x	as long as short
edgeX CLUSDC	−0.0071%	4h	90.283	−0.195%	$527K	$342K	30x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
OKX CL-USDT-SWAP	−0.0052%	4h	90.480	+0.022%	$41.2M	$110.2M	50x	as long as short
Aftermath Perps WTIUSD	−0.0040%	1h	90.669	+0.231%	$1K	$27K	5x	as long as short
QFEX CL-USD	−0.0026%	1h	90.350	−0.122%	$2.2M	$2.9M	10x	as long as short
tradeXYZ xyz:CL	−0.0023%	1h	90.464	+0.004%	$177.0M	$204.9M	20x	as long as short
gTrade (Gains Network) WTI/USD	L −0.0001% / S +0.0036%	1h	89.925	−0.591%	$1K	—	150x	as long as short
dYdX WTI-USDshort	0.0000%	1h	90.381	−0.088%	$8K	$3K	5x
Bybit CLUSDT	0.0000%	8h	90.500	+0.044%	$25.9M	$90.1M	150x	as long as short
RISEx CL/USDC	0.0000%	1h	90.625	+0.182%	$2.9M	$2.9M	20x	as long as short
Bullet WTIOIL-USD	0.0000%	1h	90.486	+0.029%	$18K	$238K	10x	as long as short
Phoenix WTIOIL	+0.0009%	1h	90.590	+0.144%	$36K	$39K	20x	as long as short
Paradex CL-USD-PERP	+0.0015%	8h	90.224	−0.261%	$15K	$367	5x	as long as short
Coinbase International WTIOIL-PERP-INTXlong	+0.0016%	1h	90.460	long leg	$407K	$1.0M	15x
Lighter WTI	+0.0024%	1h	90.250	−0.232%	$11.0M	$9.5M	20x	as long as short
Extended WTI-USD	+0.0032%	1h	90.490	+0.033%	$1.6M	$13.6M	10x	as long as short
Ondo Perps WTI-USD.P	+0.0032%	1h	90.310	−0.166%	$3.5M	$5.1M	20x	as long as short
StandX CL-USD	+0.0040%	1h	90.350	−0.122%	$703K	$2.8M	40x	as long as short
Vest CL-PERP	+0.0046%	1h	90.430	−0.033%	—	$313K	10x	as long as short
Polymarket Perps WTIOIL-USD	+0.0050%	1h	90.447	−0.014%	$1.6M	$1.2M	20x	as long as short
SoDEX CL-USD	+0.0050%	1h	90.450	−0.011%	$2.0M	$79K	20x	as long as short
Pacifica CL	+0.0100%	1h	90.277	−0.202%	$334K	$573K	10x	as long as short
KuCoin CLUSDTM	+0.0100%	4h	90.443	−0.019%	$6.9M	$2.8M	50x	as long as short
ApeX Omni CLUSDT	+0.0100%	1h	90.430	−0.033%	$53K	$266K	50x	as long as short
Aevo WTIOIL-PERP	+0.0104%	1h	90.433	−0.030%	$4K	—	10x	as long as short
BloFin CL-USDT	+0.0190%	4h	90.480	+0.022%	$4.1M	$997K	50x	as long as short
Injective WTI/USDC PERP	+0.0220%	1h	102.13	+12.905%	$19K	$5K	30x	as long as short
GMX WTIOIL/USD [ETH-USDC]	L +0.0254% / S −0.0184%	1h	90.485	+0.028%	$84K	—	111x	as long as short