Funding you earn now, next payment 03:00 UTC−0.0075%/8h= −8.2% APRnext payment −$0.09 per $10,000 · paid last 24h −0.013%
Price spread now: tradeXYZ against dYdX−0.132%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
=Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and tradeXYZ is 0.132% cheaper against dYdX than usual: you would sell low and buy high (−$13 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 | 93.099 | 0 | get 0.0000% / 1h | 1m 10s | $8K | $3K | 5x |
| Short | tradeXYZ xyz:CL | 92.976 | −0.0075 | pay 0.0009% / 1h | 1m 10s | $185.1M | $217.4M | 20x |
dYdX WTI-USD
tradeXYZ xyz:CLFunding history
latest
Range statsloading…
Price spread between the two exchanges
tradeXYZ 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
- −$15.67
- Price spread: −0.132% → 0.000%
- −$13.2
- Slippage, 4 orders
- no order book: not counted
- Fee dYdX: 5 bp × 2 orders
- −$10
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Net
- −$56.87
- Costs to cover
- 0.280%
- Break-even
- never at this rate
Slippage unknown: dYdX: no order-book sample; tradeXYZ: live order book, 9 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 tradeXYZ live order book, 9 min ago | 0.22 bp | 9.2 bp −$9 | 9.8 bp −$98 | 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 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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit WTIOIL_USDC-PERPETUAL | −0.0610% | 1h | 92.950 | −0.160% | $198K | $369K | 15x | as long as short |
| Aster CLUSD1 | −0.0263% | 4h | 92.987 | −0.121% | $23.9M | $68.2M | 20x | as long as short |
| GRVT CL_USDT_Perp | −0.0248% | 4h | 93.052 | −0.051% | $54K | $635K | 25x | as long as short |
| Binance CLUSDT | −0.0206% | 4h | 92.982 | −0.126% | $244.5M | $953.4M | 100x | as long as short |
| Variational Omni CL | −0.0197% | 4h | 92.966 | −0.143% | $13.5M | $11.2M | — | as long as short |
| Ondo Perps WTI-USD.P | −0.0163% | 1h | 92.960 | −0.149% | $3.5M | $5.6M | 20x | as long as short |
| Nado WTI-PERP | −0.0141% | 1h | 93.052 | −0.050% | $962K | $653K | 10x | as long as short |
| Extended WTI-USD | −0.0088% | 1h | 93.020 | −0.085% | $2.1M | $22.0M | 10x | as long as short |
| OKX CL-USDT-SWAP | −0.0083% | 4h | 92.990 | −0.117% | $42.6M | $102.8M | 50x | as long as short |
| tradeXYZ xyz:CLshort | −0.0075% | 1h | 92.976 | −0.132% | $185.1M | $217.4M | 20x |
Deribit WTIOIL_USDC-PERPETUAL
Aster CLUSD1
GRVT CL_USDT_Perp
Binance CLUSDT
Variational Omni CL
Ondo Perps WTI-USD.P
Nado WTI-PERP
Extended WTI-USD
OKX CL-USDT-SWAPShow all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aftermath Perps WTIUSD | −0.0066% | 1h | 93.023 | −0.082% | $2K | $27K | 5x | as long as short |
| Gate CL_USDT | −0.0061% | 8h | 92.930 | −0.181% | $20.9M | $53.4M | 100x | as long as short |
| edgeX CLUSDC | −0.0047% | 4h | 92.984 | −0.123% | $529K | $302K | 30x | as long as short |
| Coinbase International WTIOIL-PERP-INTX | −0.0040% | 1h | 92.750 | −0.375% | $402K | $944K | 15x | as long as short |
| Bitget CLUSDT | −0.0036% | 4h | 92.968 | −0.141% | $42.0M | $43.6M | 100x | as long as short |
| QFEX CL-USD | −0.0032% | 1h | 92.990 | −0.117% | $2.5M | $1.7M | 10x | as long as short |
| Lighter WTI | 0.0000% | 1h | 92.982 | −0.126% | $11.2M | $10.6M | 20x | as long as short |
| dYdX WTI-USDlong | 0.0000% | 1h | 93.099 | long leg | $8K | $3K | 5x | |
| Bybit CLUSDT | 0.0000% | 8h | 93.002 | −0.104% | $26.7M | $80.9M | 150x | as long as short |
| Phoenix WTIOIL | 0.0000% | 1h | 93.050 | −0.053% | $37K | $42K | 20x | as long as short |
| Bullet WTIOIL-USD | 0.0000% | 1h | 92.999 | −0.107% | $18K | $241K | 10x | as long as short |
| gTrade (Gains Network) WTI/USD | L 0.0000% / S +0.0036% | 1h | 92.554 | −0.585% | $5K | — | 150x | as long as short |
| KuCoin CLUSDTM | +0.0006% | 4h | 93.022 | −0.083% | $7.1M | $2.4M | 50x | as long as short |
| Paradex CL-USD-PERP | +0.0011% | 8h | 92.987 | −0.121% | $16K | $367 | 5x | as long as short |
| StandX CL-USD | +0.0040% | 1h | 92.960 | −0.149% | $733K | $2.9M | 40x | as long as short |
| Vest CL-PERP | +0.0046% | 1h | 93.030 | −0.074% | — | $310K | 10x | as long as short |
| Polymarket Perps WTIOIL-USD | +0.0050% | 1h | 93.010 | −0.096% | $1.6M | $1.2M | 20x | as long as short |
| SoDEX CL-USD | +0.0050% | 1h | 92.980 | −0.128% | $2.1M | $60K | 20x | as long as short |
| RISEx CL/USDC | +0.0066% | 1h | 93.089 | −0.010% | $3.1M | $2.9M | 20x | as long as short |
| Pacifica CL | +0.0100% | 1h | 93.011 | −0.094% | $331K | $619K | 10x | as long as short |
| ApeX Omni CLUSDT | +0.0100% | 1h | 93.000 | −0.106% | $56K | $266K | 50x | as long as short |
| Aevo WTIOIL-PERP | +0.0104% | 1h | 92.959 | −0.150% | $4K | — | 10x | as long as short |
| Kraken Futures PF_WTIOILUSD | +0.0105% | 1h | 93.012 | −0.093% | $273K | $871K | 25x | as long as short |
| BloFin CL-USDT | +0.0158% | 4h | 93.000 | −0.106% | $4.1M | $1.1M | 50x | as long as short |
| GMX WTIOIL/USD [ETH-USDC] | L +0.0209% / S −0.0134% | 1h | 92.985 | −0.122% | $79K | — | 111x | as long as short |
| Injective WTI/USDC PERP | +0.0220% | 1h | 102.10 | +9.666% | $19K | $11K | 30x | as long as short |
Aftermath Perps WTIUSD
Gate CL_USDT
edgeX CLUSDC
Coinbase International WTIOIL-PERP-INTX
Bitget CLUSDT
QFEX CL-USD
Lighter WTI
Bybit CLUSDT
Phoenix WTIOIL
Bullet WTIOIL-USD
gTrade (Gains Network) WTI/USD
KuCoin CLUSDTM
Paradex CL-USD-PERP
StandX CL-USD
Vest CL-PERP
Polymarket Perps WTIOIL-USD
SoDEX CL-USD
RISEx CL/USDC
Pacifica CL
ApeX Omni CLUSDT
Aevo WTIOIL-PERP
Kraken Futures PF_WTIOILUSD
BloFin CL-USDT
GMX WTIOIL/USD [ETH-USDC]
Injective WTI/USDC PERP