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

CL

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SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC+0.0220%/8h= +24.1% APRnext payment +$0.28 per $10,000 · paid last 24h +0.042%
Price spread now: Injective against dYdX+12.763%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 4 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 +$7 a day on $10k at the current rate, and Injective is 12.763% dearer against dYdX than usual: you sell high and buy low: +$1,276 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongdYdX WTI-USD90.5740get 0.0000% / 1h3m 02s$8K$3K5x
ShortInjective WTI/USDC PERP102.130.0220get 0.0028% / 1h3m 02s$19K$5K30x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Injective 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
$46.2
Price spread: +12.763% → 0.000%
$1,276.26
Slippage, 4 orders
no order book: not counted
Fee dYdX: 5 bp × 2 orders
−$10
Fee Injective: 0.01 bp × 2 orders
−$0.02
Net
$1,312.44
Costs to cover
0.100%
Break-even
from the start
Slippage unknown: dYdX: no order-book sample; Injective: 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 Injective no order-book sample
dYdX and Injective: 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−0.0321%1h90.539−0.039%$266K$1.0M25xas long as short
Deribit WTIOIL_USDC-PERPETUAL−0.0302%1h90.450−0.137%$181K$415K15xas long as short
Aster CLUSD1−0.0209%4h90.441−0.147%$24.5M$60.5M20xas long as short
Binance CLUSDT−0.0126%4h90.405−0.187%$245.4M$1.02B100xas long as short
Gate CL_USDT−0.0103%8h90.400−0.193%$23.0M$52.9M100xas long as short
Bitget CLUSDT−0.0102%4h90.425−0.165%$40.7M$45.4M100xas long as short
Variational Omni CL−0.0102%4h90.380−0.215%$13.1M$10.9Mas long as short
Nado WTI-PERP−0.0093%1h90.623+0.054%$935K$600K10xas long as short
GRVT CL_USDT_Perp−0.0092%4h90.248−0.361%$70K$616K25xas long as short
edgeX CLUSDC−0.0071%4h90.283−0.321%$527K$342K30xas long as short
Show all 36 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX CL-USDT-SWAP−0.0051%4h90.430−0.159%$41.3M$110.0M50xas long as short
Aftermath Perps WTIUSD−0.0039%1h90.815+0.265%$1K$27K5xas long as short
QFEX CL-USD−0.0026%1h90.580+0.006%$2.2M$2.9M10xas long as short
tradeXYZ xyz:CL−0.0023%1h90.453−0.134%$177.2M$204.2M20xas long as short
gTrade (Gains Network) WTI/USDL −0.0001% / S +0.0036%1h90.102−0.522%$1K150xas long as short
dYdX WTI-USDlong0.0000%1h90.574long leg$8K$3K5x
Bybit CLUSDT0.0000%8h90.417−0.174%$25.9M$90.0M150xas long as short
RISEx CL/USDC0.0000%1h90.625+0.056%$2.9M$2.9M20xas long as short
Bullet WTIOIL-USD0.0000%1h90.525−0.055%$18K$238K10xas long as short
Phoenix WTIOIL+0.0009%1h90.590+0.017%$36K$39K20xas long as short
Paradex CL-USD-PERP+0.0016%8h90.523−0.057%$15K$3675xas long as short
Coinbase International WTIOIL-PERP-INTX+0.0016%1h90.300−0.303%$406K$1.0M15xas long as short
Lighter WTI+0.0024%1h90.403−0.189%$11.0M$9.4M20xas long as short
Extended WTI-USD+0.0032%1h90.520−0.060%$1.6M$13.6M10xas long as short
Ondo Perps WTI-USD.P+0.0034%1h90.550−0.027%$3.5M$5.1M20xas long as short
StandX CL-USD+0.0040%1h90.620+0.050%$705K$2.8M40xas long as short
Vest CL-PERP+0.0046%1h90.540−0.038%$313K10xas long as short
Polymarket Perps WTIOIL-USD+0.0050%1h90.558−0.018%$1.6M$1.2M20xas long as short
SoDEX CL-USD+0.0050%1h90.430−0.159%$2.0M$79K20xas long as short
Pacifica CL+0.0100%1h90.558−0.018%$335K$573K10xas long as short
KuCoin CLUSDTM+0.0100%4h90.497−0.085%$7.0M$2.8M50xas long as short
ApeX Omni CLUSDT+0.0100%1h90.430−0.159%$53K$266K50xas long as short
Aevo WTIOIL-PERP+0.0104%1h90.457−0.130%$4K10xas long as short
BloFin CL-USDT+0.0190%4h90.480−0.104%$4.1M$997K50xas long as short
Injective WTI/USDC PERPshort+0.0220%1h102.13+12.763%$19K$5K30x
GMX WTIOIL/USD [ETH-USDC]L +0.0254% / S −0.0184%1h90.445−0.143%$84K111xas long as short