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

CL

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Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC+0.0220%/8h= +24.1% APRnext payment +$0.27 per $10,000 · paid last 24h +0.043%
Price spread now: Injective against gTrade (Gains Network)+10.433%55s7-day average · you sell dearer than you buy
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 feesneeds both histories
Both sides work for this trade now. Funding pays +$7 a day on $10k at the current rate, and Injective is 10.433% dearer against gTrade (Gains Network) than usual: you sell high and buy low: +$1,043 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 55 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LonggTrade (Gains Network) WTI/USD92.882L 0.0000% / S +0.0036%pay 0.0000% / 1h50m 29s$5K150x
ShortInjective WTI/USDC PERP102.570.0220get 0.0028% / 1h50m 29s$19K$11K30x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Injective against gTrade (Gains Network). 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
$46.17
Price spread: +10.433% → 0.000%
$1,043.26
Slippage, 4 orders
no order book: not counted
Fee gTrade (Gains Network): 4 bp × 2 orders
−$8
Fee Injective: 0.01 bp × 2 orders
−$0.02
Net
$1,081.4
Costs to cover
0.080%
Break-even
from the start
Slippage unknown: gTrade (Gains Network): no order-book sample; 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
LegHalf-spread$10k$100k$1M$5M
Buy gTrade (Gains Network) no order-book sample
Sell Injective no order-book sample
gTrade (Gains Network) and 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Deribit WTIOIL_USDC-PERPETUAL−0.0714%1h93.310+0.461%$197K$372K15xas long as short
GRVT CL_USDT_Perp−0.0348%4h93.320+0.472%$58K$649K25xas long as short
Aster CLUSD1−0.0295%4h93.350+0.504%$24.3M$66.5M20xas long as short
Kraken Futures PF_WTIOILUSD−0.0204%1h93.348+0.502%$283K$962K25xas long as short
Binance CLUSDT−0.0197%4h93.324+0.476%$246.4M$936.3M100xas long as short
Variational Omni CL−0.0185%4h93.329+0.481%$13.3M$10.9Mas long as short
Ondo Perps WTI-USD.P−0.0161%1h93.300+0.450%$3.5M$5.3M20xas long as short
Aftermath Perps WTIUSD−0.0138%1h93.325+0.477%$2K$26K5xas long as short
Bitget CLUSDT−0.0134%4h93.335+0.488%$42.1M$43.1M100xas long as short
Nado WTI-PERP−0.0129%1h93.405+0.563%$967K$621K10xas long as short
Show all 36 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
tradeXYZ xyz:CL−0.0079%1h93.333+0.486%$184.5M$215.4M20xas long as short
Gate CL_USDT−0.0073%8h93.280+0.429%$21.6M$49.1M100xas long as short
OKX CL-USDT-SWAP−0.0067%4h93.340+0.493%$42.6M$102.5M50xas long as short
edgeX CLUSDC−0.0065%4h93.310+0.461%$524K$306K30xas long as short
Coinbase International WTIOIL-PERP-INTX−0.0040%1h93.160+0.299%$403K$929K15xas long as short
QFEX CL-USD−0.0032%1h93.320+0.472%$2.3M$2.1M10xas long as short
Lighter WTI−0.0016%1h93.343+0.496%$11.2M$9.8M20xas long as short
Paradex CL-USD-PERP−0.0011%8h93.335+0.488%$16K$3675xas long as short
dYdX WTI-USD0.0000%1h93.329+0.482%$8K$3K5xas long as short
Bybit CLUSDT0.0000%8h93.350+0.504%$27.0M$79.8M150xas long as short
RISEx CL/USDC0.0000%1h93.407+0.565%$3.1M$2.9M20xas long as short
Phoenix WTIOIL0.0000%1h93.380+0.536%$37K$41K20xas long as short
Bullet WTIOIL-USD0.0000%1h93.337+0.490%$18K$241K10xas long as short
gTrade (Gains Network) WTI/USDlongL 0.0000% / S +0.0036%1h92.882long leg$5K150x
Extended WTI-USD+0.0032%1h93.390+0.547%$2.0M$18.0M10xas long as short
KuCoin CLUSDTM+0.0032%4h93.362+0.517%$7.1M$2.4M50xas long as short
StandX CL-USD+0.0040%1h93.330+0.482%$738K$2.9M40xas long as short
Vest CL-PERP+0.0046%1h93.350+0.504%$313K10xas long as short
Pacifica CL+0.0047%1h93.352+0.506%$331K$576K10xas long as short
Polymarket Perps WTIOIL-USD+0.0050%1h93.342+0.495%$1.7M$1.3M20xas long as short
SoDEX CL-USD+0.0050%1h93.344+0.497%$2.1M$60K20xas long as short
ApeX Omni CLUSDT+0.0100%1h93.330+0.482%$54K$267K50xas long as short
Aevo WTIOIL-PERP+0.0104%1h93.304+0.454%$4K10xas long as short
BloFin CL-USDT+0.0172%4h93.340+0.493%$4.0M$983K50xas long as short
Injective WTI/USDC PERPshort+0.0220%1h102.57+10.433%$19K$11K30x
GMX WTIOIL/USD [ETH-USDC]L +0.0230% / S −0.0160%1h93.325+0.477%$82K111xas long as short