CL

Alert: funding

Alert: spread

Funding you earn now, next payment 11:00 UTC−0.0342%/8h= −37.5% APRnext payment −$0.43 per $10,000 · paid last 24h −0.028%

Price spread now: Kraken Futures against dYdX−0.066%7-day average — · you buy dearer than you sell

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

Long on dYdX Short on Kraken Futures

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 days—no price history on both exchanges yet

Together, before fees—needs both histories

Both sides work against this trade now: funding costs −$10 a day on $10k at the current rate, and Kraken Futures is 0.066% cheaper against dYdX than usual: you would sell low and buy high (−$7 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	89.408	0	get 0.0000% / 1h	7m 54s	$8K	$3K	5x
Short	Kraken Futures PF_WTIOILUSD	89.349	−0.0342	pay 0.0043% / 1h	7m 54s	$304K	$1.9M	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Kraken Futures 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

Position, each leg$Hold fordaysFee dYdXbpFee Kraken FuturesbpOrdersPrice spread, now −0.066%Rate

Funding earned: −$71.86
Price spread: −0.066% → 0.000%: −$6.63
Slippage, 4 orders: no order book: not counted
Fee dYdX: 5 bp × 2 orders: −$10
Fee Kraken Futures: 5 bp × 2 orders: −$10
Net: −$98.49
Costs to cover: 0.200%
Break-even: never at this rate

Slippage unknown: dYdX: no order-book sample; Kraken Futures: live order book, 4 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 Kraken Futures live order book, 4 min ago	2.96 bp	11.1 bp −$11	28.1 bp −$281	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 exchanges

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
Kraken Futures PF_WTIOILUSDshort	−0.0342%	1h	89.349	−0.066%	$304K	$1.9M	25x
Aftermath Perps WTIUSD	−0.0140%	1h	89.498	+0.100%	$1K	$26K	5x	as long as short
GRVT CL_USDT_Perp	−0.0100%	4h	89.569	+0.180%	$67K	$655K	25x	as long as short
tradeXYZ xyz:CL	−0.0095%	1h	89.365	−0.048%	$174.4M	$247.8M	20x	as long as short
Bitget CLUSDT	−0.0086%	4h	89.355	−0.060%	$40.7M	$56.6M	100x	as long as short
edgeX CLUSDC	−0.0083%	4h	89.414	+0.006%	$498K	$373K	30x	as long as short
Aster CLUSD1	−0.0072%	4h	89.400	−0.009%	$24.2M	$72.4M	20x	as long as short
Coinbase International WTIOIL-PERP-INTX	−0.0040%	1h	89.760	+0.393%	$416K	$1.5M	15x	as long as short
Ondo Perps WTI-USD.P	−0.0031%	1h	89.320	−0.099%	$3.4M	$6.4M	20x	as long as short
Binance CLUSDT	−0.0027%	4h	89.400	−0.009%	$241.5M	$1.20B	100x	as long as short

Show all 36 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
QFEX CL-USD	−0.0025%	1h	89.410	+0.002%	$2.2M	$2.8M	10x	as long as short
Nado WTI-PERP	−0.0024%	1h	89.419	+0.012%	$874K	$683K	10x	as long as short
Gate CL_USDT	−0.0011%	8h	89.310	−0.110%	$23.8M	$56.7M	100x	as long as short
Variational Omni CL	−0.0002%	4h	89.722	+0.351%	$12.5M	$11.2M	—	as long as short
gTrade (Gains Network) WTI/USD	L −0.0001% / S +0.0036%	1h	89.009	−0.447%	$606	—	150x	as long as short
dYdX WTI-USDlong	0.0000%	1h	89.408	long leg	$8K	$3K	5x
Extended WTI-USD	0.0000%	1h	89.380	−0.032%	$1.3M	$13.6M	10x	as long as short
Bybit CLUSDT	0.0000%	8h	89.381	−0.030%	$28.7M	$110.0M	150x	as long as short
OKX CL-USDT-SWAP	0.0000%	4h	89.360	−0.054%	$40.3M	$133.7M	50x	as long as short
RISEx CL/USDC	0.0000%	1h	89.471	+0.070%	$2.8M	$3.1M	20x	as long as short
Phoenix WTIOIL	0.0000%	1h	89.710	+0.337%	$33K	$39K	20x	as long as short
Bullet WTIOIL-USD	0.0000%	1h	89.399	−0.010%	$18K	$235K	10x	as long as short
Deribit WTIOIL_USDC-PERPETUAL	0.0000%	1h	89.380	−0.032%	$39K	$650K	15x	as long as short
Paradex CL-USD-PERP	+0.0027%	8h	89.381	−0.031%	$15K	$458	5x	as long as short
Lighter WTI	+0.0032%	1h	89.376	−0.036%	$10.5M	$10.9M	20x	as long as short
StandX CL-USD	+0.0040%	1h	89.710	+0.337%	$692K	$2.7M	40x	as long as short
Vest CL-PERP	+0.0046%	1h	89.420	+0.013%	—	$313K	10x	as long as short
Polymarket Perps WTIOIL-USD	+0.0050%	1h	89.367	−0.046%	$1.6M	$1.4M	20x	as long as short
SoDEX CL-USD	+0.0050%	1h	89.378	−0.034%	$2.0M	$83K	20x	as long as short
Pacifica CL	+0.0100%	1h	89.373	−0.039%	$306K	$747K	10x	as long as short
KuCoin CLUSDTM	+0.0100%	4h	89.361	−0.053%	$6.9M	$3.1M	50x	as long as short
ApeX Omni CLUSDT	+0.0100%	1h	89.730	+0.360%	$52K	$267K	50x	as long as short
Aevo WTIOIL-PERP	+0.0104%	1h	89.364	−0.050%	$4K	—	10x	as long as short
GMX WTIOIL/USD [ETH-USDC]	L +0.0161% / S +0.0027%	1h	89.585	+0.198%	$70K	—	111x	as long as short
Injective WTI/USDC PERP	+0.0220%	1h	90.137	+0.815%	$16K	$5K	30x	as long as short
BloFin CL-USDT	+0.0240%	4h	89.470	+0.069%	$3.9M	$1.0M	50x	as long as short