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

CL

RWAall CL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC+0.0014%/8h= +1.5% APRnext payment +$0.02 per $10,000 · paid last 24h +0.006%
Price spread now: Vest against Extended−0.021%7-day average −0.826% · 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 3 days (all we have)−0.172%−$17 on $10k
Price spread, last 4 days (all we have)−0.151%−$15 · spread now −0.021%, 7d avg −0.826%
Together, before fees−0.324%+ Points / potential airdropExtended: Active · Vest: Active · farm board−$32 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays $0 a day on $10k at the current rate, and Vest is 0.805% dearer against Extended than usual: you sell high and buy low: +$80 more if the spread goes back to its 7-day average of −0.826%. Mind the row above: over the last 3 days funding on this pair cost −0.172%, so the current rate has only just turned in your favour.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended WTI-USD93.5500.0032pay 0.0004% / 1h56m 23s$2.0M$16.4M10x
ShortVest CL-PERP93.5300.0046get 0.0006% / 1h56m 23s$313K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Vest 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
$2.87
Price spread: −0.021% → −0.826%
$80.48
Slippage, 4 orders
no order book: not counted
Fee Extended: 2.5 bp × 2 orders
−$5
Fee Vest: 1 bp × 2 orders
−$2
Net
$76.35
Costs to cover
0.070%
Break-even
from the start
Slippage unknown: Extended: live order book, 3 min ago; Vest: 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, 3 min ago0.05 bp4.9 bp −$56.2 bp −$6221.1 bp −$2,113doesn't fit
Sell Vest no order-book sample
Vest: 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
Deribit WTIOIL_USDC-PERPETUAL−0.0391%1h93.490−0.064%$196K$379K15xas long as short
Aster CLUSD1−0.0273%4h93.5500.000%$24.5M$64.6M20xas long as short
GRVT CL_USDT_Perp−0.0272%4h93.479−0.076%$58K$629K25xas long as short
Binance CLUSDT−0.0162%4h93.520−0.032%$246.3M$929.7M100xas long as short
Variational Omni CL−0.0158%4h93.468−0.088%$13.4M$10.8Mas long as short
Aftermath Perps WTIUSD−0.0148%1h93.515−0.038%$2K$26K5xas long as short
Kraken Futures PF_WTIOILUSD−0.0137%1h93.522−0.030%$286K$959K25xas long as short
Bitget CLUSDT−0.0114%4h93.497−0.057%$42.2M$42.8M100xas long as short
Gate CL_USDT−0.0088%8h93.440−0.118%$22.1M$48.1M100xas long as short
edgeX CLUSDC−0.0051%4h93.497−0.056%$526K$305K30xas long as short
Show all 36 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
tradeXYZ xyz:CL−0.0039%1h93.510−0.043%$184.8M$212.6M20xas long as short
Ondo Perps WTI-USD.P−0.0034%1h93.480−0.075%$3.5M$5.4M20xas long as short
OKX CL-USDT-SWAP−0.0031%4h93.520−0.032%$42.7M$101.9M50xas long as short
QFEX CL-USD−0.0023%1h93.520−0.032%$2.3M$2.5M10xas long as short
Nado WTI-PERP−0.0020%1h93.582+0.034%$969K$630K10xas long as short
Coinbase International WTIOIL-PERP-INTX−0.0008%1h93.500−0.053%$404K$931K15xas long as short
dYdX WTI-USD0.0000%1h93.589+0.041%$8K$3K5xas long as short
Bybit CLUSDT0.0000%8h93.538−0.013%$27.2M$79.4M150xas long as short
RISEx CL/USDC0.0000%1h93.573+0.024%$3.1M$2.9M20xas long as short
Phoenix WTIOIL0.0000%1h93.570+0.021%$38K$39K20xas long as short
Bullet WTIOIL-USD0.0000%1h93.517−0.035%$19K$240K10xas long as short
gTrade (Gains Network) WTI/USDL 0.0000% / S +0.0036%1h93.059−0.525%$5K150xas long as short
Lighter WTI+0.0016%1h93.541−0.010%$11.3M$9.6M20xas long as short
Paradex CL-USD-PERP+0.0025%8h93.524−0.027%$16K$3675xas long as short
Extended WTI-USDlong+0.0032%1h93.550long leg$2.0M$16.4M10x
StandX CL-USD+0.0040%1h93.500−0.053%$740K$2.8M40xas long as short
Vest CL-PERPshort+0.0046%1h93.530−0.021%$313K10x
Polymarket Perps WTIOIL-USD+0.0050%1h93.512−0.041%$1.7M$1.3M20xas long as short
SoDEX CL-USD+0.0050%1h93.520−0.032%$2.1M$60K20xas long as short
Pacifica CL+0.0100%1h93.544−0.006%$333K$577K10xas long as short
KuCoin CLUSDTM+0.0100%4h93.555+0.005%$7.1M$2.4M50xas long as short
ApeX Omni CLUSDT+0.0100%1h93.540−0.011%$54K$266K50xas long as short
Aevo WTIOIL-PERP+0.0104%1h93.500−0.054%$4K10xas long as short
BloFin CL-USDT+0.0206%4h93.600+0.053%$4.0M$981K50xas long as short
Injective WTI/USDC PERP+0.0220%1h102.74+9.828%$19K$11K30xas long as short
GMX WTIOIL/USD [ETH-USDC]L +0.0243% / S −0.0176%1h93.515−0.037%$84K111xas long as short