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

CL

RWAall CL markets
SwapBacktest
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: Coinbase International against dYdX+0.223%7-day average · you sell dearer than you buy
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 6 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work for this trade now. Funding pays $0 a day on $10k at the current rate, and Coinbase International is 0.223% dearer against dYdX than usual: you sell high and buy low: +$22 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongdYdX WTI-USD92.9530get 0.0000% / 1h46m 19s$8K$3K5x
ShortCoinbase International WTIOIL-PERP-INTX93.1600.0016get 0.0002% / 1h46m 19s$404K$808K15x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Coinbase International against dYdX. 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
$3.36
Price spread: +0.223% → 0.000%
$22.26
Slippage, 4 orders
no order book: not counted
Fee dYdX: 5 bp × 2 orders
−$10
Fee Coinbase International: 5 bp × 2 orders
−$10
Net
$5.62
Costs to cover
0.200%
Break-even
from the start
Slippage unknown: dYdX: no order-book sample; Coinbase International: live order book, 27 min ago. 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 dYdX no order-book sample
Sell Coinbase International live order book, 27 min ago1.08 bp8.2 bp −$89.8 bp −$98doesn't fitdoesn't fit
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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Deribit WTIOIL_USDC-PERPETUAL−0.0610%1h92.900−0.057%$188K$408K15xas long as short
Kraken Futures PF_WTIOILUSD−0.0313%1h92.942−0.012%$270K$931K25xas long as short
Aster CLUSD1−0.0240%4h93.030+0.083%$24.7M$61.5M20xas long as short
GRVT CL_USDT_Perp−0.0238%4h92.945−0.009%$74K$614K25xas long as short
Binance CLUSDT−0.0138%4h92.990+0.040%$246.7M$929.8M100xas long as short
Variational Omni CL−0.0127%4h92.920−0.036%$13.5M$10.7Mas long as short
Nado WTI-PERP−0.0112%1h93.058+0.113%$952K$610K10xas long as short
Bitget CLUSDT−0.0088%4h92.983+0.032%$42.0M$41.7M100xas long as short
Gate CL_USDT−0.0082%8h92.940−0.014%$23.4M$48.9M100xas long as short
Aftermath Perps WTIUSD−0.0077%1h92.984+0.034%$1K$27K5xas long as short
Show all 36 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX CL-USDT-SWAP−0.0058%4h92.990+0.040%$42.6M$103.2M50xas long as short
tradeXYZ xyz:CL−0.0048%1h93.030+0.083%$184.3M$196.0M20xas long as short
edgeX CLUSDC−0.0046%4h92.938−0.016%$542K$343K30xas long as short
QFEX CL-USD−0.0026%1h92.990+0.040%$2.3M$2.5M10xas long as short
Ondo Perps WTI-USD.P−0.0010%1h92.980+0.029%$3.6M$5.3M20xas long as short
dYdX WTI-USDlong0.0000%1h92.953long leg$8K$3K5x
Bybit CLUSDT0.0000%8h93.008+0.059%$27.4M$80.4M150xas long as short
RISEx CL/USDC0.0000%1h93.046+0.100%$3.0M$2.8M20xas long as short
Bullet WTIOIL-USD0.0000%1h92.917−0.039%$19K$240K10xas long as short
gTrade (Gains Network) WTI/USDL 0.0000% / S +0.0036%1h92.569−0.413%$5K150xas long as short
Paradex CL-USD-PERP+0.0007%8h92.989+0.038%$16K$3675xas long as short
Phoenix WTIOIL+0.0009%1h92.960+0.007%$37K$39K20xas long as short
Coinbase International WTIOIL-PERP-INTXshort+0.0016%1h93.160+0.223%$404K$808K15x
Lighter WTI+0.0024%1h92.996+0.046%$11.3M$8.7M20xas long as short
Extended WTI-USD+0.0032%1h93.050+0.104%$1.7M$14.8M10xas long as short
StandX CL-USD+0.0040%1h92.930−0.025%$732K$2.8M40xas long as short
Vest CL-PERP+0.0046%1h92.990+0.040%$313K10xas long as short
Polymarket Perps WTIOIL-USD+0.0050%1h93.010+0.061%$1.6M$1.2M20xas long as short
SoDEX CL-USD+0.0050%1h92.930−0.025%$2.1M$62K20xas long as short
Pacifica CL+0.0100%1h93.022+0.074%$347K$586K10xas long as short
KuCoin CLUSDTM+0.0100%4h93.020+0.072%$7.1M$2.4M50xas long as short
ApeX Omni CLUSDT+0.0100%1h93.020+0.072%$54K$266K50xas long as short
Aevo WTIOIL-PERP+0.0104%1h92.963+0.011%$4K10xas long as short
GMX WTIOIL/USD [ETH-USDC]L +0.0166% / S 0.0000%1h93.015+0.067%$85K111xas long as short
BloFin CL-USDT+0.0180%4h92.970+0.018%$4.0M$1.0M50xas long as short
Injective WTI/USDC PERP+0.0220%1h102.13+9.877%$19K$5K30xas long as short