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

CL

RWAall CL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC+0.0977%/8h= +106.9% APRnext payment +$1.22 per $10,000 · paid last 24h +0.002%
Price spread now: RISEx against dYdX+0.034%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 3 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 +$29 a day on $10k at the current rate, and RISEx is 0.034% dearer against dYdX than usual: you sell high and buy low: +$3 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongdYdX WTI-USD91.7870get 0.0000% / 1h48m 14s$8K$3K5x
ShortRISEx CL/USDC91.8180.0977get 0.0122% / 1h48m 14s$3.2M$2.7M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

RISEx 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
$205.1
Price spread: +0.034% → 0.000%
$3.4
Slippage, 4 orders
no order book: not counted
Fee dYdX: 5 bp × 2 orders
−$10
Fee RISEx: 3 bp × 2 orders
−$6
Net
$192.5
Costs to cover
0.160%
Break-even
0.4 days
Slippage unknown: dYdX: no order-book sample; RISEx: live order book, 1 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 RISEx live order book, 1 min ago0.98 bp4.0 bp −$45.8 bp −$58doesn't fitdoesn'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 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
Deribit WTIOIL_USDC-PERPETUAL−0.0403%1h91.760−0.029%$95K$260K15xas long as short
ApeX Omni CLUSDT−0.0383%1h91.740−0.051%$55K$266K50xas long as short
Lighter WTI−0.0344%1h91.743−0.047%$11.0M$11.1M20xas long as short
tradeXYZ xyz:CL−0.0232%1h91.744−0.046%$184.8M$285.1M20xas long as short
Nado WTI-PERP−0.0228%1h91.806+0.021%$906K$757K10xas long as short
Ondo Perps WTI-USD.P−0.0218%1h91.680−0.116%$3.5M$6.5M20xas long as short
Bullet WTIOIL-USD−0.0193%1h91.712−0.081%$19K$240K10xas long as short
Aftermath Perps WTIUSD−0.0121%1h91.720−0.072%$2K$30K5xas long as short
Paradex CL-USD-PERP−0.0076%8h91.663−0.135%$15K$3675xas long as short
Polymarket Perps WTIOIL-USD−0.0056%1h91.726−0.066%$1.6M$1.4M20xas long as short
Show all 36 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Extended WTI-USD−0.0016%1h91.810+0.026%$2.0M$29.2M10xas long as short
Aster CLUSD10.0000%4h91.750−0.040%$23.9M$78.6M20xas long as short
dYdX WTI-USDlong0.0000%1h91.787long leg$8K$3K5x
Binance CLUSDT0.0000%4h91.750−0.040%$245.0M$1.13B100xas long as short
Bybit CLUSDT0.0000%8h91.760−0.029%$25.2M$98.5M150xas long as short
OKX CL-USDT-SWAP0.0000%4h91.750−0.040%$43.0M$114.7M50xas long as short
QFEX CL-USD0.0000%1h91.720−0.073%$2.4M$2.7M10xas long as short
Gate CL_USDT0.0000%8h91.670−0.127%$21.2M$58.7M100xas long as short
Bitget CLUSDT0.0000%4h91.737−0.054%$42.0M$64.3M100xas long as short
Variational Omni CL0.0000%4h91.707−0.086%$13.4M$15.2Mas long as short
GRVT CL_USDT_Perp0.0000%4h91.719−0.073%$58K$734K25xas long as short
gTrade (Gains Network) WTI/USDL 0.0000% / S +0.0036%1h91.337−0.490%$86K10xas long as short
edgeX CLUSDC+0.0009%4h91.726−0.066%$527K$342K30xas long as short
Phoenix WTIOIL+0.0009%1h91.820+0.036%$33K$99K20xas long as short
StandX CL-USD+0.0040%1h91.720−0.073%$721K$3.1M40xas long as short
Vest CL-PERP+0.0046%1h91.840+0.058%$243K10xas long as short
SoDEX CL-USD+0.0050%1h91.745−0.045%$2.0M$39K20xas long as short
Pacifica CL+0.0100%1h91.724−0.068%$331K$572K10xas long as short
KuCoin CLUSDTM+0.0100%4h91.708−0.086%$7.3M$2.0M50xas long as short
Aevo WTIOIL-PERP+0.0104%1h91.715−0.078%$4K10xas long as short
Coinbase International WTIOIL-PERP-INTX+0.0112%1h91.720−0.073%$384K$1.2M15xas long as short
Injective WTI/USDC PERP+0.0172%1h101.08+10.123%$19K$18K30xas long as short
GMX WTIOIL/USD [ETH-USDC]L +0.0211% / S −0.0127%1h91.715−0.078%$76K29xas long as short
BloFin CL-USDT+0.0240%4h91.720−0.073%$4.0M$1.5M50xas long as short
Kraken Futures PF_WTIOILUSD+0.0452%1h91.729−0.063%$256K$1.2M25xas long as short
RISEx CL/USDCshort+0.0977%1h91.818+0.034%$3.2M$2.7M20x