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

CL

RWAall CL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC+0.0040%/8h= +4.4% APRnext payment +$0.05 per $10,000 · paid last 24h +0.008%
Price spread now: StandX against dYdX+0.046%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 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropStandX: Active · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and StandX is 0.046% dearer against dYdX than usual: you sell high and buy low: +$5 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongdYdX WTI-USD91.9370get 0.0000% / 1h3m 20s$8K$3K5x
ShortStandX CL-USD91.9800.0040get 0.0005% / 1h3m 20s$723K$3.1M40x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

StandX 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
$8.4
Price spread: +0.046% → 0.000%
$4.64
Slippage, 4 orders
no order book: not counted
Fee dYdX: 5 bp × 2 orders
−$10
Fee StandX: 4 bp × 2 orders
−$8
Net
−$4.96
Costs to cover
0.180%
Break-even
11.1 days
Slippage unknown: dYdX: no order-book sample; StandX: 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 StandX live order book, 1 min ago4.35 bp8.3 bp −$89.5 bp −$95doesn'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 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%1h91.940+0.003%$2.4M$2.6M10xas long as short
Aster CLUSD10.0000%4h91.961+0.025%$24.5M$77.6M20xas long as short
dYdX WTI-USDlong0.0000%1h91.937long leg$8K$3K5x
Binance CLUSDT0.0000%4h91.980+0.046%$246.5M$1.14B100xas long as short
Bybit CLUSDT0.0000%8h91.981+0.048%$25.2M$99.9M150xas long as short
OKX CL-USDT-SWAP0.0000%4h91.960+0.025%$43.0M$116.6M50xas long as short
Gate CL_USDT0.0000%8h91.910−0.030%$21.2M$63.4M100xas long as short
Bitget CLUSDT0.0000%4h91.971+0.037%$42.1M$67.1M100xas long as short
Variational Omni CL0.0000%4h91.951+0.015%$13.4M$16.1Mas long as short
GRVT CL_USDT_Perp0.0000%4h91.941+0.004%$58K$773K25xas long as short
Show all 35 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bullet WTIOIL-USD0.0000%1h91.970+0.035%$17K$240K10xas long as short
Deribit WTIOIL_USDC-PERPETUAL0.0000%1h91.980+0.046%$95K$260K15xas long as short
Aftermath Perps WTIUSD+0.0003%1h91.900−0.040%$2K$31K5xas long as short
edgeX CLUSDC+0.0006%4h91.947+0.011%$529K$342K30xas long as short
Phoenix WTIOIL+0.0009%1h91.990+0.057%$33K$99K20xas long as short
Paradex CL-USD-PERP+0.0014%8h91.948+0.011%$15K$3675xas long as short
Lighter WTI+0.0032%1h91.903−0.037%$11.0M$12.3M20xas long as short
Extended WTI-USD+0.0032%1h91.959+0.024%$2.0M$29.5M10xas long as short
Injective WTI/USDC PERP+0.0033%1h91.880−0.062%$17K$18K30xas long as short
Kraken Futures PF_WTIOILUSD+0.0040%1h91.979+0.045%$257K$1.3M25xas long as short
StandX CL-USDshort+0.0040%1h91.980+0.046%$723K$3.1M40x
Coinbase International WTIOIL-PERP-INTX+0.0040%1h92.080+0.155%$393K$1.3M15xas long as short
Vest CL-PERP+0.0046%1h92.020+0.090%$243K10xas long as short
tradeXYZ xyz:CL+0.0050%1h91.959+0.024%$182.5M$289.9M20xas long as short
Polymarket Perps WTIOIL-USD+0.0050%1h91.954+0.018%$1.6M$1.4M20xas long as short
SoDEX CL-USD+0.0050%1h91.953+0.017%$2.0M$39K20xas long as short
Ondo Perps WTI-USD.P+0.0050%1h91.940+0.003%$3.5M$6.5M20xas long as short
Pacifica CL+0.0100%1h91.950+0.014%$336K$573K10xas long as short
KuCoin CLUSDTM+0.0100%4h91.944+0.007%$7.3M$2.1M50xas long as short
ApeX Omni CLUSDT+0.0100%1h91.930−0.008%$55K$266K50xas long as short
Aevo WTIOIL-PERP+0.0104%1h91.958+0.022%$4K10xas long as short
Nado WTI-PERP+0.0178%1h91.958+0.022%$881K$787K10xas long as short
GMX WTIOIL/USD [ETH-USDC]L +0.0212% / S −0.0127%1h91.985+0.052%$76K29xas long as short
BloFin CL-USDT+0.0240%4h91.920−0.019%$4.0M$1.5M50xas long as short
RISEx CL/USDC+0.0266%1h92.084+0.159%$3.2M$2.7M20xas long as short