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

CL

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Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC−0.0249%/8h= −27.2% APRnext payment $0.31 per $10,000 · paid last 24h −0.059%
Price spread now: Nado against Injective−8.864%7-day average · 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)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropNado: Active · farm boardneeds both histories
Both sides work against this trade now: funding costs −$7 a day on $10k at the current rate, and Nado is 8.864% cheaper against Injective than usual: you would sell low and buy high (−$886 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongInjective WTI/USDC PERP102.310.0220pay 0.0028% / 1h42m 50s$19K$11K30x
ShortNado WTI-PERP93.243−0.0029pay 0.0004% / 1h42m 50s$964K$653K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Nado against Injective. 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
−$52.21
Price spread: −8.864% → 0.000%
−$886.37
Slippage, 4 orders
no order book: not counted
Fee Injective: 0.01 bp × 2 orders
−$0.02
Fee Nado: 3.5 bp × 2 orders
−$7
Net
−$945.6
Costs to cover
0.070%
Break-even
never at this rate
Slippage unknown: Injective: no order-book sample; Nado: live order book, 16 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 Injective no order-book sample
Sell Nado live order book, 16 min ago0.05 bp5.3 bp −$59.9 bp −$9936.1 bp −$3,605doesn't fit
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−0.0608%1h93.150−8.955%$199K$370K15xas long as short
Aster CLUSD1−0.0248%4h93.221−8.886%$24.0M$67.6M20xas long as short
GRVT CL_USDT_Perp−0.0244%4h93.140−8.965%$54K$635K25xas long as short
Kraken Futures PF_WTIOILUSD−0.0195%1h93.209−8.897%$274K$872K25xas long as short
Binance CLUSDT−0.0193%4h93.200−8.906%$245.1M$950.9M100xas long as short
Variational Omni CL−0.0184%4h93.098−9.006%$13.5M$11.0Mas long as short
tradeXYZ xyz:CL−0.0108%1h93.202−8.904%$185.0M$216.3M20xas long as short
Ondo Perps WTI-USD.P−0.0099%1h93.100−9.004%$3.5M$5.6M20xas long as short
Aftermath Perps WTIUSD−0.0091%1h93.164−8.941%$2K$27K5xas long as short
edgeX CLUSDC−0.0080%4h93.092−9.012%$530K$302K30xas long as short
Show all 36 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget CLUSDT−0.0076%4h93.196−8.910%$42.0M$43.8M100xas long as short
OKX CL-USDT-SWAP−0.0068%4h93.200−8.906%$42.6M$102.9M50xas long as short
Gate CL_USDT−0.0049%8h93.160−8.945%$20.9M$51.4M100xas long as short
Coinbase International WTIOIL-PERP-INTX−0.0048%1h92.750−9.346%$402K$944K15xas long as short
QFEX CL-USD−0.0043%1h93.170−8.935%$2.5M$1.7M10xas long as short
Nado WTI-PERPshort−0.0029%1h93.243−8.864%$964K$653K10x
Lighter WTI−0.0008%1h93.198−8.908%$11.2M$10.5M20xas long as short
Extended WTI-USD−0.0008%1h93.240−8.867%$2.1M$21.3M10xas long as short
KuCoin CLUSDTM−0.0002%4h93.206−8.900%$7.1M$2.4M50xas long as short
dYdX WTI-USD0.0000%1h93.188−8.917%$8K$3K5xas long as short
Bybit CLUSDT0.0000%8h93.210−8.896%$26.8M$80.7M150xas long as short
RISEx CL/USDC0.0000%1h93.267−8.841%$3.1M$2.9M20xas long as short
Phoenix WTIOIL0.0000%1h93.200−8.906%$37K$42K20xas long as short
Bullet WTIOIL-USD0.0000%1h93.196−8.910%$18K$242K10xas long as short
gTrade (Gains Network) WTI/USDL 0.0000% / S +0.0036%1h92.757−9.339%$5K150xas long as short
Paradex CL-USD-PERP+0.0015%8h93.176−8.929%$16K$3675xas long as short
StandX CL-USD+0.0040%1h93.140−8.965%$735K$2.9M40xas long as short
Vest CL-PERP+0.0046%1h93.200−8.906%$310K10xas long as short
Polymarket Perps WTIOIL-USD+0.0050%1h93.209−8.897%$1.6M$1.3M20xas long as short
SoDEX CL-USD+0.0050%1h93.192−8.914%$2.1M$60K20xas long as short
Pacifica CL+0.0068%1h93.189−8.917%$330K$622K10xas long as short
ApeX Omni CLUSDT+0.0100%1h93.210−8.896%$56K$265K50xas long as short
Aevo WTIOIL-PERP+0.0104%1h93.161−8.944%$4K10xas long as short
BloFin CL-USDT+0.0171%4h93.200−8.906%$4.0M$1.1M50xas long as short
GMX WTIOIL/USD [ETH-USDC]L +0.0210% / S −0.0134%1h93.195−8.911%$79K111xas long as short
Injective WTI/USDC PERPlong+0.0220%1h102.31long leg$19K$11K30x