Funding you earn now, next payment 22:00 UTC+0.0032%/8h= +3.5% APRnext payment +$0.04 per $10,000 · paid last 24h +0.001%
Price spread now: Lighter against dYdX−0.009%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 5 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropLighter: Season 3 · farm boardneeds 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: +$1 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | dYdX WTI-USD | 91.854 | 0 | get 0.0000% / 1h | 7m 20s | $8K | $3K | 5x |
| Short | Lighter WTI | 91.846 | 0.0032 | get 0.0004% / 1h | 7m 20s | $11.0M | $12.3M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter 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
- $6.72
- Price spread: −0.009% → 0.000%
- −$0.86
- Slippage, 4 orders
- no order book: not counted
- Fee dYdX: 5 bp × 2 orders
- −$10
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$4.14
- Costs to cover
- 0.100%
- Break-even
- 11.3 days
Slippage unknown: dYdX: no order-book sample; Lighter: live order book, 11 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 Lighter live order book, 11 min ago | 0.22 bp | 0.2 bp $0 | 2.6 bp −$26 | 12.3 bp −$1,226 | 88.1 bp −$44.1K |
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 35 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 | |
|---|---|---|---|---|---|---|---|---|
| QFEX CL-USD | −0.0019% | 1h | 91.900 | +0.050% | $2.4M | $2.6M | 10x | as long as short |
| Aster CLUSD1 | 0.0000% | 4h | 91.961 | +0.117% | $24.5M | $77.3M | 20x | as long as short |
| dYdX WTI-USDlong | 0.0000% | 1h | 91.854 | long leg | $8K | $3K | 5x | |
| Binance CLUSDT | 0.0000% | 4h | 91.930 | +0.083% | $246.3M | $1.14B | 100x | as long as short |
| Bybit CLUSDT | 0.0000% | 8h | 91.900 | +0.050% | $25.1M | $99.9M | 150x | as long as short |
| OKX CL-USDT-SWAP | 0.0000% | 4h | 91.930 | +0.083% | $43.0M | $116.6M | 50x | as long as short |
| Gate CL_USDT | 0.0000% | 8h | 91.850 | −0.004% | $21.2M | $63.4M | 100x | as long as short |
| Bitget CLUSDT | 0.0000% | 4h | 91.914 | +0.065% | $42.1M | $67.5M | 100x | as long as short |
| Variational Omni CL | 0.0000% | 4h | 91.913 | +0.064% | $13.6M | $16.1M | — | as long as short |
| GRVT CL_USDT_Perp | 0.0000% | 4h | 91.871 | +0.018% | $58K | $774K | 25x | as long as short |
Show all 35 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bullet WTIOIL-USD | 0.0000% | 1h | 91.916 | +0.068% | $17K | $241K | 10x | as long as short |
| Deribit WTIOIL_USDC-PERPETUAL | 0.0000% | 1h | 91.940 | +0.094% | $95K | $260K | 15x | as long as short |
| Aftermath Perps WTIUSD | +0.0004% | 1h | 91.890 | +0.039% | $2K | $31K | 5x | as long as short |
| Phoenix WTIOIL | +0.0009% | 1h | 91.990 | +0.148% | $33K | $99K | 20x | as long as short |
| Paradex CL-USD-PERP | +0.0011% | 8h | 91.891 | +0.041% | $15K | $367 | 5x | as long as short |
| edgeX CLUSDC | +0.0022% | 4h | 91.866 | +0.014% | $528K | $341K | 30x | as long as short |
| Lighter WTIshort | +0.0032% | 1h | 91.846 | −0.009% | $11.0M | $12.3M | 20x | |
| Extended WTI-USD | +0.0032% | 1h | 91.961 | +0.117% | $2.0M | $29.5M | 10x | as long as short |
| Injective WTI/USDC PERP | +0.0033% | 1h | 91.880 | +0.028% | $17K | $18K | 30x | as long as short |
| Kraken Futures PF_WTIOILUSD | +0.0040% | 1h | 91.932 | +0.085% | $257K | $1.3M | 25x | as long as short |
| StandX CL-USD | +0.0040% | 1h | 91.920 | +0.072% | $725K | $3.1M | 40x | as long as short |
| Coinbase International WTIOIL-PERP-INTX | +0.0040% | 1h | 92.080 | +0.246% | $393K | $1.3M | 15x | as long as short |
| Vest CL-PERP | +0.0046% | 1h | 92.020 | +0.181% | — | $243K | 10x | as long as short |
| tradeXYZ xyz:CL | +0.0050% | 1h | 91.907 | +0.058% | $182.4M | $289.7M | 20x | as long as short |
| Polymarket Perps WTIOIL-USD | +0.0050% | 1h | 91.912 | +0.063% | $1.6M | $1.4M | 20x | as long as short |
| SoDEX CL-USD | +0.0050% | 1h | 91.910 | +0.061% | $2.0M | $39K | 20x | as long as short |
| Ondo Perps WTI-USD.P | +0.0050% | 1h | 91.840 | −0.015% | $3.5M | $6.5M | 20x | as long as short |
| Pacifica CL | +0.0100% | 1h | 91.919 | +0.071% | $336K | $573K | 10x | as long as short |
| KuCoin CLUSDTM | +0.0100% | 4h | 91.910 | +0.061% | $7.3M | $2.1M | 50x | as long as short |
| ApeX Omni CLUSDT | +0.0100% | 1h | 91.860 | +0.007% | $55K | $266K | 50x | as long as short |
| Aevo WTIOIL-PERP | +0.0104% | 1h | 91.883 | +0.032% | $4K | — | 10x | as long as short |
| Nado WTI-PERP | +0.0185% | 1h | 91.908 | +0.058% | $881K | $788K | 10x | as long as short |
| GMX WTIOIL/USD [ETH-USDC] | L +0.0212% / S −0.0127% | 1h | 91.915 | +0.067% | $76K | — | 29x | as long as short |
| BloFin CL-USDT | +0.0240% | 4h | 91.860 | +0.007% | $4.0M | $1.5M | 50x | as long as short |
| RISEx CL/USDC | +0.0266% | 1h | 92.031 | +0.193% | $3.2M | $2.7M | 20x | as long as short |
Lighter WTI
Aster CLUSD1
Binance CLUSDT
Bybit CLUSDT
OKX CL-USDT-SWAP
Gate CL_USDT
Bitget CLUSDT
Variational Omni CL
GRVT CL_USDT_Perp
Bullet WTIOIL-USD
Deribit WTIOIL_USDC-PERPETUAL
Aftermath Perps WTIUSD
Phoenix WTIOIL
Paradex CL-USD-PERP
edgeX CLUSDC
Extended WTI-USD
Injective WTI/USDC PERP
Kraken Futures PF_WTIOILUSD
StandX CL-USD
Coinbase International WTIOIL-PERP-INTX
tradeXYZ xyz:CL
Polymarket Perps WTIOIL-USD
SoDEX CL-USD
Pacifica CL
KuCoin CLUSDTM
ApeX Omni CLUSDT
GMX WTIOIL/USD [ETH-USDC]
BloFin CL-USDT
RISEx CL/USDC