Funding you earn now, next payment 04:00 UTC−0.0608%/8h= −66.6% APRnext payment −$0.76 per $10,000 · paid last 24h −0.028%
Price spread now: Deribit against dYdX−0.052%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 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 −$18 a day on $10k at the current rate, and Deribit is 0.052% cheaper against dYdX than usual: you would sell low and buy high (−$5 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | dYdX WTI-USD | 93.188 | 0 | get 0.0000% / 1h | 40m 55s | $8K | $3K | 5x |
| Short | Deribit WTIOIL_USDC-PERPETUAL | 93.140 | −0.0608 | pay 0.0076% / 1h | 40m 55s | $199K | $370K | 15x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Deribit against dYdX. 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
- −$127.72
- Price spread: −0.052% → 0.000%
- −$5.19
- Slippage, 4 orders
- no order book: not counted
- Fee dYdX: 5 bp × 2 orders
- −$10
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- −$149.91
- Costs to cover
- 0.170%
- Break-even
- never at this rate
Slippage unknown: dYdX: no order-book sample; Deribit: live order book, 18 min ago. 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 dYdX no order-book sample | — | — | — | — | — |
| Sell Deribit live order book, 18 min ago | 0.54 bp | 6.2 bp −$6 | 7.5 bp −$75 | doesn't fit | doesn'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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Deribit WTIOIL_USDC-PERPETUALshort | −0.0608% | 1h | 93.140 | −0.052% | $199K | $370K | 15x | |
| Aster CLUSD1 | −0.0248% | 4h | 93.200 | +0.013% | $24.0M | $67.6M | 20x | as long as short |
| GRVT CL_USDT_Perp | −0.0244% | 4h | 93.140 | −0.052% | $54K | $635K | 25x | as long as short |
| Kraken Futures PF_WTIOILUSD | −0.0195% | 1h | 93.189 | +0.001% | $274K | $872K | 25x | as long as short |
| Binance CLUSDT | −0.0192% | 4h | 93.170 | −0.020% | $245.0M | $951.1M | 100x | as long as short |
| Variational Omni CL | −0.0183% | 4h | 93.158 | −0.033% | $13.5M | $11.0M | — | as long as short |
| tradeXYZ xyz:CL | −0.0108% | 1h | 93.164 | −0.026% | $184.9M | $216.3M | 20x | as long as short |
| Ondo Perps WTI-USD.P | −0.0102% | 1h | 93.100 | −0.095% | $3.5M | $5.6M | 20x | as long as short |
| Aftermath Perps WTIUSD | −0.0092% | 1h | 93.179 | −0.010% | $2K | $27K | 5x | as long as short |
| Bitget CLUSDT | −0.0080% | 4h | 93.154 | −0.037% | $42.0M | $43.8M | 100x | 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 | −0.0067% | 4h | 93.190 | +0.002% | $42.6M | $103.0M | 50x | as long as short |
| Gate CL_USDT | −0.0049% | 8h | 93.130 | −0.063% | $20.9M | $51.4M | 100x | as long as short |
| Coinbase International WTIOIL-PERP-INTX | −0.0048% | 1h | 92.750 | −0.470% | $402K | $944K | 15x | as long as short |
| QFEX CL-USD | −0.0043% | 1h | 93.140 | −0.052% | $2.5M | $1.7M | 10x | as long as short |
| edgeX CLUSDC | −0.0041% | 4h | 93.173 | −0.016% | $530K | $299K | 30x | as long as short |
| Nado WTI-PERP | −0.0029% | 1h | 93.211 | +0.024% | $963K | $653K | 10x | as long as short |
| Lighter WTI | −0.0008% | 1h | 93.181 | −0.008% | $11.2M | $10.5M | 20x | as long as short |
| KuCoin CLUSDTM | −0.0002% | 4h | 93.179 | −0.010% | $7.1M | $2.4M | 50x | as long as short |
| dYdX WTI-USDlong | 0.0000% | 1h | 93.188 | long leg | $8K | $3K | 5x | |
| Extended WTI-USD | 0.0000% | 1h | 93.220 | +0.034% | $2.1M | $21.2M | 10x | as long as short |
| Bybit CLUSDT | 0.0000% | 8h | 93.188 | 0.000% | $26.8M | $80.7M | 150x | as long as short |
| RISEx CL/USDC | 0.0000% | 1h | 93.234 | +0.049% | $3.1M | $2.9M | 20x | as long as short |
| Phoenix WTIOIL | 0.0000% | 1h | 93.200 | +0.012% | $37K | $42K | 20x | as long as short |
| Bullet WTIOIL-USD | 0.0000% | 1h | 93.176 | −0.014% | $19K | $242K | 10x | as long as short |
| gTrade (Gains Network) WTI/USD | L 0.0000% / S +0.0036% | 1h | 92.744 | −0.477% | $5K | — | 150x | as long as short |
| Paradex CL-USD-PERP | +0.0016% | 8h | 93.147 | −0.045% | $16K | $367 | 5x | as long as short |
| StandX CL-USD | +0.0040% | 1h | 93.160 | −0.030% | $736K | $2.9M | 40x | as long as short |
| Vest CL-PERP | +0.0046% | 1h | 93.190 | +0.002% | — | $310K | 10x | as long as short |
| Polymarket Perps WTIOIL-USD | +0.0050% | 1h | 93.175 | −0.014% | $1.7M | $1.3M | 20x | as long as short |
| SoDEX CL-USD | +0.0050% | 1h | 93.180 | −0.009% | $2.1M | $60K | 20x | as long as short |
| Pacifica CL | +0.0068% | 1h | 93.159 | −0.032% | $329K | $622K | 10x | as long as short |
| ApeX Omni CLUSDT | +0.0100% | 1h | 93.210 | +0.023% | $56K | $265K | 50x | as long as short |
| Aevo WTIOIL-PERP | +0.0104% | 1h | 93.150 | −0.042% | $4K | — | 10x | as long as short |
| BloFin CL-USDT | +0.0173% | 4h | 93.180 | −0.009% | $4.0M | $1.1M | 50x | as long as short |
| GMX WTIOIL/USD [ETH-USDC] | L +0.0210% / S −0.0134% | 1h | 93.175 | −0.014% | $79K | — | 111x | as long as short |
| Injective WTI/USDC PERP | +0.0220% | 1h | 102.31 | +9.791% | $19K | $11K | 30x | as long as short |
Deribit WTIOIL_USDC-PERPETUAL
Aster CLUSD1
GRVT CL_USDT_Perp
Kraken Futures PF_WTIOILUSD
Binance CLUSDT
Variational Omni CL
tradeXYZ xyz:CL
Aftermath Perps WTIUSD
Bitget CLUSDT
OKX CL-USDT-SWAP
Gate CL_USDT
Coinbase International WTIOIL-PERP-INTX
edgeX CLUSDC
Lighter WTI
KuCoin CLUSDTM
Extended WTI-USD
Bybit CLUSDT
RISEx CL/USDC
Phoenix WTIOIL
Bullet WTIOIL-USD
gTrade (Gains Network) WTI/USD
Paradex CL-USD-PERP
StandX CL-USD
Polymarket Perps WTIOIL-USD
SoDEX CL-USD
Pacifica CL
ApeX Omni CLUSDT
BloFin CL-USDT
GMX WTIOIL/USD [ETH-USDC]
Injective WTI/USDC PERP