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

CL

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Alert: funding
Alert: spread
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
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)no history yet
Price spread, last 7 daysno 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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongdYdX WTI-USD91.8540get 0.0000% / 1h7m 20s$8K$3K5x
ShortLighter WTI91.8460.0032get 0.0004% / 1h7m 20s$11.0M$12.3M20x

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 it
latest
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
LegHalf-spread$10k$100k$1M$5M
Buy dYdX no order-book sample
Sell Lighter live order book, 11 min ago0.22 bp0.2 bp $02.6 bp −$2612.3 bp −$1,22688.1 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
QFEX CL-USD−0.0019%1h91.900+0.050%$2.4M$2.6M10xas long as short
Aster CLUSD10.0000%4h91.961+0.117%$24.5M$77.3M20xas long as short
dYdX WTI-USDlong0.0000%1h91.854long leg$8K$3K5x
Binance CLUSDT0.0000%4h91.930+0.083%$246.3M$1.14B100xas long as short
Bybit CLUSDT0.0000%8h91.900+0.050%$25.1M$99.9M150xas long as short
OKX CL-USDT-SWAP0.0000%4h91.930+0.083%$43.0M$116.6M50xas long as short
Gate CL_USDT0.0000%8h91.850−0.004%$21.2M$63.4M100xas long as short
Bitget CLUSDT0.0000%4h91.914+0.065%$42.1M$67.5M100xas long as short
Variational Omni CL0.0000%4h91.913+0.064%$13.6M$16.1Mas long as short
GRVT CL_USDT_Perp0.0000%4h91.871+0.018%$58K$774K25xas long as short
Show all 35 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bullet WTIOIL-USD0.0000%1h91.916+0.068%$17K$241K10xas long as short
Deribit WTIOIL_USDC-PERPETUAL0.0000%1h91.940+0.094%$95K$260K15xas long as short
Aftermath Perps WTIUSD+0.0004%1h91.890+0.039%$2K$31K5xas long as short
Phoenix WTIOIL+0.0009%1h91.990+0.148%$33K$99K20xas long as short
Paradex CL-USD-PERP+0.0011%8h91.891+0.041%$15K$3675xas long as short
edgeX CLUSDC+0.0022%4h91.866+0.014%$528K$341K30xas long as short
Lighter WTIshort+0.0032%1h91.846−0.009%$11.0M$12.3M20x
Extended WTI-USD+0.0032%1h91.961+0.117%$2.0M$29.5M10xas long as short
Injective WTI/USDC PERP+0.0033%1h91.880+0.028%$17K$18K30xas long as short
Kraken Futures PF_WTIOILUSD+0.0040%1h91.932+0.085%$257K$1.3M25xas long as short
StandX CL-USD+0.0040%1h91.920+0.072%$725K$3.1M40xas long as short
Coinbase International WTIOIL-PERP-INTX+0.0040%1h92.080+0.246%$393K$1.3M15xas long as short
Vest CL-PERP+0.0046%1h92.020+0.181%$243K10xas long as short
tradeXYZ xyz:CL+0.0050%1h91.907+0.058%$182.4M$289.7M20xas long as short
Polymarket Perps WTIOIL-USD+0.0050%1h91.912+0.063%$1.6M$1.4M20xas long as short
SoDEX CL-USD+0.0050%1h91.910+0.061%$2.0M$39K20xas long as short
Ondo Perps WTI-USD.P+0.0050%1h91.840−0.015%$3.5M$6.5M20xas long as short
Pacifica CL+0.0100%1h91.919+0.071%$336K$573K10xas long as short
KuCoin CLUSDTM+0.0100%4h91.910+0.061%$7.3M$2.1M50xas long as short
ApeX Omni CLUSDT+0.0100%1h91.860+0.007%$55K$266K50xas long as short
Aevo WTIOIL-PERP+0.0104%1h91.883+0.032%$4K10xas long as short
Nado WTI-PERP+0.0185%1h91.908+0.058%$881K$788K10xas long as short
GMX WTIOIL/USD [ETH-USDC]L +0.0212% / S −0.0127%1h91.915+0.067%$76K29xas long as short
BloFin CL-USDT+0.0240%4h91.860+0.007%$4.0M$1.5M50xas long as short
RISEx CL/USDC+0.0266%1h92.031+0.193%$3.2M$2.7M20xas long as short