Funding you earn now, next payment 00:00 UTC+0.0188%/8h= +20.6% APRnext payment +$0.24 per $10,000 · paid last 24h +0.033%
Price spread now: Injective against Extended+9.778%100s7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work for this trade now. Funding pays +$6 a day on $10k at the current rate, and Injective is 9.778% dearer against Extended than usual: you sell high and buy low: +$978 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 100 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended WTI-USD | 92.310 | 0.0032 | pay 0.0004% / 1h | 59m 28s | $2.0M | $26.6M | 10x |
| Short | Injective WTI/USDC PERP | 101.34 | 0.0220 | get 0.0028% / 1h | 59m 28s | $19K | $11K | 30x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Injective against Extended. 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
- $39.48
- Price spread: +9.778% → 0.000%
- $977.79
- Slippage, 4 orders
- no order book: not counted
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- $1,012.25
- Costs to cover
- 0.050%
- Break-even
- from the start
Slippage unknown: Extended: live order book, 5 min ago; Injective: 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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Extended live order book, 5 min ago | 0.22 bp | 2.9 bp −$3 | 5.0 bp −$50 | 22.3 bp −$2,230 | doesn't fit |
| Sell Injective no order-book sample | — | — | — | — | — |
Injective: 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_WTIOILUSD | −0.0449% | 1h | 92.242 | −0.074% | $273K | $1.2M | 25x | as long as short |
| GRVT CL_USDT_Perp | −0.0328% | 4h | 92.193 | −0.127% | $58K | $702K | 25x | as long as short |
| Aster CLUSD1 | −0.0299% | 4h | 92.274 | −0.039% | $23.9M | $77.4M | 20x | as long as short |
| Binance CLUSDT | −0.0223% | 4h | 92.240 | −0.076% | $244.5M | $1.08B | 100x | as long as short |
| Variational Omni CL | −0.0206% | 4h | 92.193 | −0.127% | $13.2M | $12.7M | — | as long as short |
| Deribit WTIOIL_USDC-PERPETUAL | −0.0183% | 1h | 92.230 | −0.087% | $96K | $189K | 15x | as long as short |
| Nado WTI-PERP | −0.0131% | 1h | 92.294 | −0.017% | $925K | $733K | 10x | as long as short |
| Lighter WTI | −0.0064% | 1h | 92.258 | −0.056% | $11.2M | $9.9M | 20x | as long as short |
| QFEX CL-USD | −0.0054% | 1h | 92.240 | −0.076% | $2.4M | $2.3M | 10x | as long as short |
| Gate CL_USDT | −0.0033% | 8h | 92.180 | −0.141% | $21.3M | $53.9M | 100x | as long as short |
Show all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Paradex CL-USD-PERP | −0.0031% | 8h | 92.224 | −0.093% | $15K | $367 | 5x | as long as short |
| Ondo Perps WTI-USD.P | −0.0027% | 1h | 92.180 | −0.141% | $3.5M | $6.4M | 20x | as long as short |
| Pacifica CL | −0.0020% | 1h | 92.246 | −0.069% | $353K | $596K | 10x | as long as short |
| dYdX WTI-USD | 0.0000% | 1h | 92.269 | −0.045% | $8K | $3K | 5x | as long as short |
| Bybit CLUSDT | 0.0000% | 8h | 92.235 | −0.081% | $26.0M | $94.3M | 150x | as long as short |
| OKX CL-USDT-SWAP | 0.0000% | 4h | 92.240 | −0.076% | $42.9M | $111.4M | 50x | as long as short |
| RISEx CL/USDC | 0.0000% | 1h | 92.356 | +0.050% | $3.3M | $2.7M | 20x | as long as short |
| Bitget CLUSDT | 0.0000% | 4h | 92.306 | −0.004% | $42.0M | $51.5M | 100x | as long as short |
| Phoenix WTIOIL | 0.0000% | 1h | 92.300 | −0.011% | $37K | $66K | 20x | as long as short |
| Bullet WTIOIL-USD | 0.0000% | 1h | 92.220 | −0.097% | $19K | $241K | 10x | as long as short |
| Coinbase International WTIOIL-PERP-INTX | 0.0000% | 1h | 92.030 | −0.303% | $399K | $962K | 15x | as long as short |
| gTrade (Gains Network) WTI/USD | L 0.0000% / S +0.0036% | 1h | 91.799 | −0.554% | $5K | — | 150x | as long as short |
| tradeXYZ xyz:CL | +0.0008% | 1h | 92.269 | −0.044% | $186.2M | $267.3M | 20x | as long as short |
| edgeX CLUSDC | +0.0021% | 4h | 92.241 | −0.074% | $530K | $326K | 30x | as long as short |
| Extended WTI-USDlong | +0.0032% | 1h | 92.310 | long leg | $2.0M | $26.6M | 10x | |
| StandX CL-USD | +0.0040% | 1h | 92.210 | −0.108% | $721K | $3.1M | 40x | as long as short |
| Vest CL-PERP | +0.0046% | 1h | 92.280 | −0.032% | — | $308K | 10x | as long as short |
| Polymarket Perps WTIOIL-USD | +0.0050% | 1h | 92.259 | −0.055% | $1.6M | $1.4M | 20x | as long as short |
| SoDEX CL-USD | +0.0050% | 1h | 92.212 | −0.106% | $2.0M | $39K | 20x | as long as short |
| KuCoin CLUSDTM | +0.0100% | 4h | 92.257 | −0.057% | $7.3M | $2.2M | 50x | as long as short |
| ApeX Omni CLUSDT | +0.0100% | 1h | 92.220 | −0.097% | $56K | $265K | 50x | as long as short |
| Aevo WTIOIL-PERP | +0.0104% | 1h | 92.197 | −0.123% | $4K | — | 10x | as long as short |
| GMX WTIOIL/USD [ETH-USDC] | L +0.0205% / S −0.0130% | 1h | 92.215 | −0.103% | $77K | — | 111x | as long as short |
| Injective WTI/USDC PERPshort | +0.0220% | 1h | 101.34 | +9.778% | $19K | $11K | 30x | |
| BloFin CL-USDT | +0.0240% | 4h | 92.240 | −0.076% | $4.0M | $1.4M | 50x | as long as short |
| Aftermath Perps WTIUSD | +0.0502% | 1h | 92.256 | −0.059% | $2K | $29K | 5x | as long as short |
Extended WTI-USD
Injective WTI/USDC PERP
Kraken Futures PF_WTIOILUSD
GRVT CL_USDT_Perp
Aster CLUSD1
Binance CLUSDT
Variational Omni CL
Deribit WTIOIL_USDC-PERPETUAL
Lighter WTI
Gate CL_USDT
Paradex CL-USD-PERP
Pacifica CL
Bybit CLUSDT
OKX CL-USDT-SWAP
RISEx CL/USDC
Bitget CLUSDT
Phoenix WTIOIL
Bullet WTIOIL-USD
Coinbase International WTIOIL-PERP-INTX
gTrade (Gains Network) WTI/USD
tradeXYZ xyz:CL
edgeX CLUSDC
StandX CL-USD
Polymarket Perps WTIOIL-USD
SoDEX CL-USD
KuCoin CLUSDTM
ApeX Omni CLUSDT
GMX WTIOIL/USD [ETH-USDC]
BloFin CL-USDT
Aftermath Perps WTIUSD