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

CL

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Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0018%/8h= +2.0% APRnext payment +$0.02 per $10,000 · paid last 24h +0.006%
Price spread now: SoDEX against Extended−0.038%7-day average −0.006% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$47as in the Price arb table
costs, in and out, $10k−$440.439% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)−0.135%−$13 on $10k
Price spread, last 3 days (all we have)−0.083%−$8 · spread now −0.038%, 7d avg −0.006%
Together, before fees−0.217%+ Points / potential airdropExtended: Active · farm board−$22 on $10k · with fees, hour by hour
Funding pays, the price is against you. SoDEX is 0.032% cheaper against Extended than usual: you would sell low and buy high (spread −0.038% now, against its 7-day average of −0.006%). If the spread goes back, that is −$3 on $10k: about 5.9 days of funding at the current rate (+$1 a day). Mind the row above: over the last 3 days funding on this pair cost −0.135%, so the current rate has only just turned in your favour.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended WTI-USD92.2200.0032pay 0.0004% / 1h20m 47s$2.0M$26.7M10x
ShortSoDEX CL-USD92.1850.0050get 0.0006% / 1h20m 47s$2.0M$39K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SoDEX 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
$3.78
Price spread: −0.038% → −0.006%
−$3.2
Slippage, 4 orders
−$30.9
Fee Extended: 2.5 bp × 2 orders
−$5
Fee SoDEX: 4 bp × 2 orders
−$8
Net
−$43.32
Costs to cover
0.439%
Break-even
87.2 days
Slippage from Extended: live order book, 3 min ago; SoDEX: live order book, 3 min ago.

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, 3 min ago0.11 bp3.6 bp −$46.3 bp −$6321.6 bp −$2,163doesn't fit
Sell SoDEX live order book, 3 min ago0.54 bp18.8 bp −$1985.6 bp −$856doesn't fitdoesn't fit

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−0.0450%1h92.219−0.001%$273K$1.2M25xas long as short
GRVT CL_USDT_Perp−0.0316%4h92.191−0.031%$58K$702K25xas long as short
Aster CLUSD1−0.0268%4h92.200−0.022%$24.0M$77.5M20xas long as short
Binance CLUSDT−0.0185%4h92.191−0.032%$244.5M$1.09B100xas long as short
Variational Omni CL−0.0168%4h92.173−0.051%$13.3M$12.7Mas long as short
Nado WTI-PERP−0.0138%1h92.221+0.001%$925K$737K10xas long as short
Lighter WTI−0.0072%1h92.168−0.056%$11.2M$10.9M20xas long as short
Paradex CL-USD-PERP−0.0063%8h92.155−0.071%$15K$3675xas long as short
QFEX CL-USD−0.0054%1h92.180−0.043%$2.4M$2.3M10xas long as short
tradeXYZ xyz:CL−0.0051%1h92.193−0.029%$186.4M$275.0M20xas long as short
Show all 36 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Ondo Perps WTI-USD.P−0.0049%1h92.190−0.033%$3.5M$6.3M20xas long as short
Gate CL_USDT−0.0032%8h92.110−0.119%$21.3M$58.0M100xas long as short
Pacifica CL−0.0020%1h92.182−0.041%$333K$576K10xas long as short
dYdX WTI-USD0.0000%1h92.274+0.059%$8K$3K5xas long as short
Bybit CLUSDT0.0000%8h92.210−0.011%$25.9M$94.3M150xas long as short
OKX CL-USDT-SWAP0.0000%4h92.190−0.033%$43.0M$112.8M50xas long as short
RISEx CL/USDC0.0000%1h92.301+0.088%$3.3M$2.7M20xas long as short
Bitget CLUSDT0.0000%4h92.179−0.044%$42.0M$51.6M100xas long as short
Phoenix WTIOIL0.0000%1h92.230+0.011%$37K$101K20xas long as short
Bullet WTIOIL-USD0.0000%1h92.187−0.036%$19K$241K10xas long as short
Deribit WTIOIL_USDC-PERPETUAL0.0000%1h92.200−0.022%$96K$189K15xas long as short
Coinbase International WTIOIL-PERP-INTX0.0000%1h92.030−0.206%$399K$963K15xas long as short
gTrade (Gains Network) WTI/USDL 0.0000% / S +0.0036%1h91.743−0.517%$5K150xas long as short
Extended WTI-USDlong+0.0032%1h92.220long leg$2.0M$26.7M10x
StandX CL-USD+0.0040%1h92.210−0.011%$721K$3.1M40xas long as short
Vest CL-PERP+0.0046%1h92.2200.000%$308K10xas long as short
Polymarket Perps WTIOIL-USD+0.0050%1h92.181−0.042%$1.6M$1.4M20xas long as short
SoDEX CL-USDshort+0.0050%1h92.185−0.038%$2.0M$39K20x
edgeX CLUSDC+0.0062%4h92.213−0.007%$530K$325K30xas long as short
KuCoin CLUSDTM+0.0100%4h92.196−0.026%$7.1M$2.1M50xas long as short
ApeX Omni CLUSDT+0.0100%1h92.190−0.033%$56K$266K50xas long as short
Aevo WTIOIL-PERP+0.0104%1h92.165−0.060%$4K10xas long as short
GMX WTIOIL/USD [ETH-USDC]L +0.0205% / S −0.0130%1h92.185−0.038%$77K111xas long as short
Injective WTI/USDC PERP+0.0220%1h101.18+9.717%$19K$11K30xas long as short
BloFin CL-USDT+0.0240%4h92.200−0.022%$4.0M$1.4M50xas long as short
Aftermath Perps WTIUSD+0.0311%1h92.207−0.014%$2K$29K5xas long as short