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

CL

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Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC−0.0068%/8h= −7.4% APRnext payment $0.08 per $10,000 · paid last 24h −0.018%
Price spread now: gTrade (Gains Network) against Extended−0.945%85s7-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 1 day (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropExtended: Active · farm boardneeds both histories
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and gTrade (Gains Network) is 0.945% cheaper against Extended than usual: you would sell low and buy high (−$94 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 85 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended WTI-USD90.8100.0032pay 0.0004% / 1h58m 42s$1.6M$13.7M10x
ShortgTrade (Gains Network) WTI/USD89.952L −0.0001% / S +0.0036%pay 0.0004% / 1h58m 42s$1K150x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

gTrade (Gains Network) against Extended. 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
−$14.22
Price spread: −0.945% → 0.000%
−$94.48
Slippage, 4 orders
no order book: not counted
Fee Extended: 2.5 bp × 2 orders
−$5
Fee gTrade (Gains Network): 4 bp × 2 orders
−$8
Net
−$121.71
Costs to cover
0.130%
Break-even
never at this rate
Slippage unknown: Extended: live order book, 5 min ago; gTrade (Gains Network): no order-book sample. 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 Extended live order book, 5 min ago0.05 bp5.3 bp −$512.4 bp −$12432.0 bp −$3,201doesn't fit
Sell gTrade (Gains Network) no order-book sample
gTrade (Gains Network): 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
Kraken Futures PF_WTIOILUSD−0.0365%1h90.664−0.161%$270K$1.0M25xas long as short
Aster CLUSD1−0.0200%4h90.870+0.066%$24.5M$61.2M20xas long as short
Binance CLUSDT−0.0117%4h90.793−0.019%$245.7M$1.03B100xas long as short
Bitget CLUSDT−0.0100%4h90.829+0.021%$40.8M$45.7M100xas long as short
Variational Omni CL−0.0100%4h90.468−0.376%$13.0M$11.0Mas long as short
Nado WTI-PERP−0.0099%1h90.561−0.274%$938K$613K10xas long as short
Gate CL_USDT−0.0087%8h90.780−0.033%$23.0M$50.4M100xas long as short
Deribit WTIOIL_USDC-PERPETUAL−0.0081%1h90.640−0.187%$181K$415K15xas long as short
GRVT CL_USDT_Perp−0.0066%4h90.468−0.377%$70K$616K25xas long as short
edgeX CLUSDC−0.0062%4h90.306−0.555%$518K$352K30xas long as short
Show all 36 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX CL-USDT-SWAP−0.0045%4h90.820+0.011%$41.2M$111.3M50xas long as short
Aftermath Perps WTIUSD−0.0030%1h90.601−0.230%$1K$27K5xas long as short
QFEX CL-USD−0.0026%1h90.500−0.341%$2.2M$2.9M10xas long as short
gTrade (Gains Network) WTI/USDshortL −0.0001% / S +0.0036%1h89.952−0.945%$1K150x
dYdX WTI-USD0.0000%1h90.488−0.355%$8K$3K5xas long as short
Bybit CLUSDT0.0000%8h90.850+0.044%$26.1M$90.7M150xas long as short
RISEx CL/USDC0.0000%1h90.619−0.211%$2.9M$2.9M20xas long as short
Bullet WTIOIL-USD0.0000%1h90.586−0.247%$18K$238K10xas long as short
Coinbase International WTIOIL-PERP-INTX+0.0008%1h90.590−0.242%$408K$1.0M15xas long as short
Phoenix WTIOIL+0.0009%1h90.470−0.374%$36K$36K20xas long as short
Paradex CL-USD-PERP+0.0017%8h90.503−0.338%$15K$3675xas long as short
Lighter WTI+0.0032%1h90.755−0.061%$11.0M$8.9M20xas long as short
Extended WTI-USDlong+0.0032%1h90.810long leg$1.6M$13.7M10x
Injective WTI/USDC PERP+0.0033%1h102.13+12.470%$19K$5K30xas long as short
StandX CL-USD+0.0040%1h90.340−0.518%$703K$2.8M40xas long as short
Vest CL-PERP+0.0046%1h90.510−0.330%$313K10xas long as short
tradeXYZ xyz:CL+0.0050%1h90.789−0.023%$176.7M$206.4M20xas long as short
Polymarket Perps WTIOIL-USD+0.0050%1h90.522−0.317%$1.6M$1.2M20xas long as short
SoDEX CL-USD+0.0050%1h90.699−0.122%$2.0M$82K20xas long as short
Ondo Perps WTI-USD.P+0.0050%1h90.440−0.407%$3.5M$5.2M20xas long as short
Pacifica CL+0.0100%1h90.461−0.385%$334K$573K10xas long as short
KuCoin CLUSDTM+0.0100%4h90.791−0.021%$6.9M$2.8M50xas long as short
ApeX Omni CLUSDT+0.0100%1h90.490−0.352%$53K$266K50xas long as short
Aevo WTIOIL-PERP+0.0104%1h90.608−0.222%$4K10xas long as short
BloFin CL-USDT+0.0192%4h90.710−0.110%$4.0M$999K50xas long as short
GMX WTIOIL/USD [ETH-USDC]L +0.0254% / S −0.0184%1h90.485−0.358%$84K111xas long as short