CL

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC+0.0050%/8h= +5.5% APRnext payment +$0.06 per $10,000 · paid last 24h +0.005%

Price spread now: Ondo Perps against Deribit−0.065%7-day average −0.051% · you buy dearer than you sell

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

Long on Deribit Short on Ondo Perps

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)+0.087%+$9 on $10k

Price spread, last 3 days (all we have)+0.175%+$18 · spread now −0.065%, 7d avg −0.051%

Together, before fees+0.262%+ Points / potential airdropOndo Perps: Active · farm board+$26 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.051%, so right now this pair is about funding alone: +$2 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Deribit WTIOIL_USDC-PERPETUAL	91.910	0	get 0.0000% / 1h	12m 19s	$95K	$267K	15x
Short	Ondo Perps WTI-USD.P	91.850	0.0050	get 0.0006% / 1h	12m 19s	$3.5M	$6.5M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Ondo Perps against Deribit. 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 DeribitbpFee Ondo PerpsbpOrdersPrice spread, now −0.065%Rate

Funding earned: $10.58
Price spread: −0.065% → −0.051%: −$1.4
Slippage, 4 orders: no order book: not counted
Fee Deribit: 3.5 bp × 2 orders: −$7
Fee Ondo Perps: 2.5 bp × 2 orders: −$5
Net: −$2.82
Costs to cover: 0.120%
Break-even: 8.9 days

Slippage unknown: Deribit: live order book, 11 min ago; Ondo Perps: 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 Deribit live order book, 11 min ago	0.54 bp	4.0 bp −$4	5.9 bp −$59	doesn't fit	doesn't fit
Sell Ondo Perps no order-book sample	—	—	—	—	—

Ondo Perps: 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.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
QFEX CL-USD	−0.0019%	1h	91.890	−0.022%	$2.4M	$2.8M	10x	as long as short
Aster CLUSD1	0.0000%	4h	91.957	+0.052%	$24.5M	$77.4M	20x	as long as short
dYdX WTI-USD	0.0000%	1h	91.854	−0.061%	$8K	$3K	5x	as long as short
Binance CLUSDT	0.0000%	4h	91.890	−0.022%	$246.1M	$1.14B	100x	as long as short
Bybit CLUSDT	0.0000%	8h	91.875	−0.038%	$25.1M	$100.0M	150x	as long as short
OKX CL-USDT-SWAP	0.0000%	4h	91.860	−0.054%	$42.9M	$116.5M	50x	as long as short
Gate CL_USDT	0.0000%	8h	91.820	−0.098%	$21.2M	$63.4M	100x	as long as short
Bitget CLUSDT	0.0000%	4h	91.867	−0.047%	$42.1M	$67.7M	100x	as long as short
Variational Omni CL	0.0000%	4h	91.911	+0.001%	$13.6M	$16.2M	—	as long as short
GRVT CL_USDT_Perp	0.0000%	4h	91.882	−0.031%	$58K	$782K	25x	as long as short

Show all 35 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bullet WTIOIL-USD	0.0000%	1h	91.883	−0.029%	$17K	$241K	10x	as long as short
Deribit WTIOIL_USDC-PERPETUALlong	0.0000%	1h	91.910	long leg	$95K	$267K	15x
Aftermath Perps WTIUSD	+0.0001%	1h	91.883	−0.029%	$2K	$31K	5x	as long as short
edgeX CLUSDC	+0.0004%	4h	91.930	+0.022%	$529K	$343K	30x	as long as short
Phoenix WTIOIL	+0.0009%	1h	91.990	+0.087%	$33K	$99K	20x	as long as short
Paradex CL-USD-PERP	+0.0031%	8h	91.887	−0.025%	$15K	$367	5x	as long as short
Lighter WTI	+0.0032%	1h	91.858	−0.057%	$11.0M	$12.3M	20x	as long as short
Extended WTI-USD	+0.0032%	1h	91.975	+0.071%	$2.0M	$29.6M	10x	as long as short
Injective WTI/USDC PERP	+0.0033%	1h	91.880	−0.033%	$17K	$18K	30x	as long as short
Kraken Futures PF_WTIOILUSD	+0.0040%	1h	91.891	−0.020%	$257K	$1.3M	25x	as long as short
StandX CL-USD	+0.0040%	1h	91.910	0.000%	$725K	$3.1M	40x	as long as short
Coinbase International WTIOIL-PERP-INTX	+0.0040%	1h	92.080	+0.185%	$393K	$1.3M	15x	as long as short
Vest CL-PERP	+0.0046%	1h	92.020	+0.120%	—	$243K	10x	as long as short
tradeXYZ xyz:CL	+0.0050%	1h	91.885	−0.027%	$182.5M	$296.6M	20x	as long as short
Polymarket Perps WTIOIL-USD	+0.0050%	1h	91.886	−0.026%	$1.6M	$1.4M	20x	as long as short
SoDEX CL-USD	+0.0050%	1h	91.884	−0.028%	$2.0M	$39K	20x	as long as short
Ondo Perps WTI-USD.Pshort	+0.0050%	1h	91.850	−0.065%	$3.5M	$6.5M	20x
Pacifica CL	+0.0100%	1h	91.872	−0.042%	$334K	$575K	10x	as long as short
KuCoin CLUSDTM	+0.0100%	4h	91.910	0.000%	$7.3M	$2.1M	50x	as long as short
ApeX Omni CLUSDT	+0.0100%	1h	91.930	+0.022%	$55K	$266K	50x	as long as short
Aevo WTIOIL-PERP	+0.0104%	1h	91.873	−0.040%	$4K	—	10x	as long as short
Nado WTI-PERP	+0.0193%	1h	91.875	−0.038%	$880K	$788K	10x	as long as short
GMX WTIOIL/USD [ETH-USDC]	L +0.0212% / S −0.0127%	1h	91.885	−0.027%	$76K	—	29x	as long as short
BloFin CL-USDT	+0.0240%	4h	91.900	−0.011%	$4.0M	$1.5M	50x	as long as short
RISEx CL/USDC	+0.0266%	1h	92.002	+0.100%	$3.2M	$2.7M	20x	as long as short