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

CL

RWAall CL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC−0.0222%/8h= −24.3% APRnext payment $0.28 per $10,000 · paid last 24h −0.081%
Price spread now: tradeXYZ against GMX+0.015%7-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 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdroptradeXYZ: Active · farm boardneeds both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$7 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGMX WTIOIL/USD [ETH-USDC]93.185L +0.0220% / S −0.0147%pay 0.0027% / 1h43m 28s$81K111x
ShorttradeXYZ xyz:CL93.199−0.0003pay 0.0000% / 1h43m 28s$184.6M$219.0M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

tradeXYZ against GMX. 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
−$46.68
Price spread: +0.015% → 0.000%
$1.5
Slippage, 4 orders
no order book: not counted
Fee GMX: 6 bp × 2 orders
−$12
Fee tradeXYZ: 9 bp × 2 orders
−$18
Net
−$75.18
Costs to cover
0.300%
Break-even
never at this rate
Slippage unknown: GMX: no order-book sample; tradeXYZ: live order book, 7 min ago. 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 GMX no order-book sample
Sell tradeXYZ live order book, 7 min ago0.11 bp9.2 bp −$99.8 bp −$98doesn't fitdoesn't fit
GMX: 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−0.0608%1h93.160−0.027%$199K$370K15xas long as short
Aster CLUSD1−0.0262%4h93.261+0.082%$24.1M$67.0M20xas long as short
GRVT CL_USDT_Perp−0.0226%4h93.196+0.011%$54K$645K25xas long as short
Binance CLUSDT−0.0173%4h93.191+0.006%$245.3M$942.1M100xas long as short
Variational Omni CL−0.0160%4h93.169−0.017%$13.4M$10.8Mas long as short
Nado WTI-PERP−0.0130%1h93.283+0.105%$965K$640K10xas long as short
Bitget CLUSDT−0.0122%4h93.191+0.006%$42.0M$43.3M100xas long as short
Ondo Perps WTI-USD.P−0.0119%1h93.170−0.016%$3.5M$5.3M20xas long as short
Aftermath Perps WTIUSD−0.0111%1h93.199+0.015%$2K$27K5xas long as short
Kraken Futures PF_WTIOILUSD−0.0061%1h93.192+0.008%$270K$951K25xas long as short
Show all 36 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate CL_USDT−0.0050%8h93.150−0.038%$21.0M$50.9M100xas long as short
Coinbase International WTIOIL-PERP-INTX−0.0040%1h93.190+0.005%$401K$928K15xas long as short
OKX CL-USDT-SWAP−0.0033%4h93.210+0.027%$42.7M$102.8M50xas long as short
QFEX CL-USD−0.0033%1h93.220+0.038%$2.3M$1.8M10xas long as short
KuCoin CLUSDTM−0.0010%4h93.263+0.084%$7.1M$2.4M50xas long as short
Phoenix WTIOIL−0.0009%1h93.230+0.048%$37K$41K20xas long as short
edgeX CLUSDC−0.0005%4h93.232+0.051%$524K$308K30xas long as short
tradeXYZ xyz:CLshort−0.0003%1h93.199+0.015%$184.6M$219.0M20x
dYdX WTI-USD0.0000%1h93.272+0.094%$8K$3K5xas long as short
Bybit CLUSDT0.0000%8h93.220+0.038%$26.9M$80.7M150xas long as short
RISEx CL/USDC0.0000%1h93.315+0.140%$3.1M$2.9M20xas long as short
Bullet WTIOIL-USD0.0000%1h93.195+0.011%$19K$242K10xas long as short
gTrade (Gains Network) WTI/USDL 0.0000% / S +0.0036%1h92.754−0.463%$5K150xas long as short
Paradex CL-USD-PERP+0.0016%8h93.218+0.036%$16K$3675xas long as short
Lighter WTI+0.0032%1h93.224+0.042%$11.2M$10.3M20xas long as short
Extended WTI-USD+0.0032%1h93.230+0.048%$2.0M$19.4M10xas long as short
StandX CL-USD+0.0040%1h93.150−0.038%$736K$2.9M40xas long as short
Vest CL-PERP+0.0046%1h93.220+0.038%$313K10xas long as short
Polymarket Perps WTIOIL-USD+0.0050%1h93.230+0.048%$1.7M$1.3M20xas long as short
SoDEX CL-USD+0.0050%1h93.200+0.016%$2.1M$60K20xas long as short
Pacifica CL+0.0100%1h93.235+0.053%$331K$597K10xas long as short
ApeX Omni CLUSDT+0.0100%1h93.240+0.059%$56K$266K50xas long as short
Aevo WTIOIL-PERP+0.0104%1h93.167−0.020%$4K10xas long as short
BloFin CL-USDT+0.0205%4h93.200+0.016%$4.0M$1.0M50xas long as short
GMX WTIOIL/USD [ETH-USDC]longL +0.0220% / S −0.0147%1h93.185long leg$81K111x
Injective WTI/USDC PERP+0.0220%1h102.17+9.638%$19K$11K30xas long as short