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

CL

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Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC+0.0184%/8h= +20.1% APRnext payment +$0.23 per $10,000 · paid last 24h +0.046%
Price spread now: GMX against dYdX−0.003%101s7-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 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$6 a day on $10k at the current rate. The two prices were read 101 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongdYdX WTI-USD90.4880get 0.0000% / 1h59m 30s$8K$3K5x
ShortGMX WTIOIL/USD [ETH-USDC]90.485L +0.0254% / S −0.0184%get 0.0023% / 1h59m 30s$84K111x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

GMX 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
$38.62
Price spread: −0.003% → 0.000%
−$0.33
Slippage, 4 orders
no order book: not counted
Fee dYdX: 5 bp × 2 orders
−$10
Fee GMX: 6 bp × 2 orders
−$12
Net
$16.29
Costs to cover
0.220%
Break-even
4.0 days
Slippage unknown: dYdX: no order-book sample; GMX: 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 dYdX no order-book sample
Sell GMX no order-book sample
dYdX and GMX: 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
Kraken Futures PF_WTIOILUSD−0.0322%1h90.404−0.093%$266K$1.0M25xas long as short
Deribit WTIOIL_USDC-PERPETUAL−0.0303%1h90.320−0.186%$181K$415K15xas long as short
Aster CLUSD1−0.0200%4h90.530+0.046%$24.6M$61.0M20xas long as short
Binance CLUSDT−0.0121%4h90.530+0.046%$245.8M$1.03B100xas long as short
Bitget CLUSDT−0.0100%4h90.522+0.038%$40.7M$45.6M100xas long as short
Variational Omni CL−0.0100%4h90.468−0.022%$13.0M$11.0Mas long as short
Nado WTI-PERP−0.0099%1h90.561+0.081%$938K$613K10xas long as short
Gate CL_USDT−0.0087%8h90.430−0.064%$23.0M$50.4M100xas long as short
GRVT CL_USDT_Perp−0.0066%4h90.468−0.023%$70K$616K25xas long as short
edgeX CLUSDC−0.0062%4h90.306−0.201%$518K$352K30xas long as short
Show all 36 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX CL-USDT-SWAP−0.0045%4h90.580+0.102%$41.2M$110.5M50xas long as short
Aftermath Perps WTIUSD−0.0041%1h90.639+0.167%$1K$27K5xas long as short
QFEX CL-USD−0.0026%1h90.500+0.013%$2.2M$2.9M10xas long as short
gTrade (Gains Network) WTI/USDL −0.0001% / S +0.0036%1h89.952−0.592%$1K150xas long as short
dYdX WTI-USDlong0.0000%1h90.488long leg$8K$3K5x
Bybit CLUSDT0.0000%8h90.566+0.086%$26.1M$90.3M150xas long as short
RISEx CL/USDC0.0000%1h90.619+0.144%$2.9M$2.9M20xas long as short
Bullet WTIOIL-USD0.0000%1h90.352−0.151%$18K$238K10xas long as short
Phoenix WTIOIL+0.0009%1h90.470−0.020%$36K$36K20xas long as short
Coinbase International WTIOIL-PERP-INTX+0.0016%1h90.460−0.031%$407K$1.0M15xas long as short
Paradex CL-USD-PERP+0.0017%8h90.503+0.017%$15K$3675xas long as short
Lighter WTI+0.0032%1h90.479−0.010%$11.0M$8.9M20xas long as short
Extended WTI-USD+0.0032%1h90.540+0.057%$1.6M$13.7M10xas long as short
StandX CL-USD+0.0040%1h90.340−0.164%$703K$2.8M40xas long as short
Vest CL-PERP+0.0046%1h90.510+0.024%$313K10xas long as short
tradeXYZ xyz:CL+0.0050%1h90.579+0.101%$176.5M$206.1M20xas long as short
Polymarket Perps WTIOIL-USD+0.0050%1h90.522+0.038%$1.6M$1.2M20xas long as short
SoDEX CL-USD+0.0050%1h90.347−0.156%$2.0M$82K20xas long as short
Ondo Perps WTI-USD.P+0.0050%1h90.440−0.053%$3.5M$5.2M20xas long as short
Pacifica CL+0.0100%1h90.461−0.030%$334K$573K10xas long as short
KuCoin CLUSDTM+0.0100%4h90.471−0.019%$6.9M$2.8M50xas long as short
ApeX Omni CLUSDT+0.0100%1h90.490+0.002%$53K$266K50xas long as short
Aevo WTIOIL-PERP+0.0104%1h90.318−0.188%$4K10xas long as short
BloFin CL-USDT+0.0188%4h90.430−0.064%$4.0M$997K50xas long as short
Injective WTI/USDC PERP+0.0220%1h102.13+12.870%$19K$5K30xas long as short
GMX WTIOIL/USD [ETH-USDC]shortL +0.0254% / S −0.0184%1h90.485−0.003%$84K111x