CL

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC−0.0450%/8h= −49.3% APRnext payment −$0.56 per $10,000 · paid last 24h +0.021%

Price spread now: dYdX against Kraken Futures+0.031%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Kraken Futures Short on dYdX

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

The price spread pays, funding is against you. dYdX is 0.031% dearer against Kraken Futures than usual: you sell high and buy low (spread +0.031% now, against zero (this spread has no 7-day history yet)): +$3 on $10k if it goes back. Holding the pair costs −$13 a day in funding at the current rate, which eats that in about 5 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Kraken Futures PF_WTIOILUSD	92.079	0.0450	pay 0.0056% / 1h	3m 29s	$275K	$1.2M	25x
Short	dYdX WTI-USD	92.108	0	get 0.0000% / 1h	3m 29s	$8K	$3K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

dYdX against Kraken Futures. 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

Position, each leg$Hold fordaysFee Kraken FuturesbpFee dYdXbpOrdersPrice spread, now +0.031%Rate

Funding earned: −$94.47
Price spread: +0.031% → 0.000%: $3.07
Slippage, 4 orders: no order book: not counted
Fee Kraken Futures: 5 bp × 2 orders: −$10
Fee dYdX: 5 bp × 2 orders: −$10
Net: −$111.4
Costs to cover: 0.200%
Break-even: never at this rate

Slippage unknown: Kraken Futures: live order book, 5 min ago; dYdX: 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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Kraken Futures live order book, 5 min ago	2.34 bp	10.3 bp −$10	17.1 bp −$171	doesn't fit	doesn't fit
Sell dYdX no order-book sample	—	—	—	—	—

dYdX: 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.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Deribit WTIOIL_USDC-PERPETUAL	−0.0293%	1h	92.080	+0.001%	$96K	$189K	15x	as long as short
Lighter WTI	−0.0264%	1h	92.105	+0.028%	$11.2M	$11.5M	20x	as long as short
GRVT CL_USDT_Perp	−0.0228%	4h	92.010	−0.075%	$58K	$715K	25x	as long as short
Aster CLUSD1	−0.0161%	4h	92.127	+0.052%	$24.0M	$77.6M	20x	as long as short
Nado WTI-PERP	−0.0160%	1h	92.161	+0.089%	$924K	$746K	10x	as long as short
Ondo Perps WTI-USD.P	−0.0150%	1h	92.070	−0.010%	$3.5M	$6.4M	20x	as long as short
tradeXYZ xyz:CL	−0.0129%	1h	92.130	+0.055%	$185.7M	$278.2M	20x	as long as short
Paradex CL-USD-PERP	−0.0097%	8h	92.086	+0.007%	$15K	$367	5x	as long as short
Bullet WTIOIL-USD	−0.0096%	1h	92.108	+0.031%	$18K	$241K	10x	as long as short
Aftermath Perps WTIUSD	−0.0073%	1h	92.041	−0.042%	$2K	$29K	5x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance CLUSDT	−0.0067%	4h	92.110	+0.033%	$244.9M	$1.11B	100x	as long as short
Variational Omni CL	−0.0035%	4h	92.003	−0.083%	$13.4M	$13.3M	—	as long as short
Gate CL_USDT	−0.0011%	8h	92.050	−0.032%	$21.3M	$59.7M	100x	as long as short
dYdX WTI-USDshort	0.0000%	1h	92.108	+0.031%	$8K	$3K	5x
Bybit CLUSDT	0.0000%	8h	92.143	+0.069%	$25.5M	$95.5M	150x	as long as short
OKX CL-USDT-SWAP	0.0000%	4h	92.100	+0.022%	$43.2M	$113.3M	50x	as long as short
QFEX CL-USD	0.0000%	1h	92.090	+0.012%	$2.4M	$2.6M	10x	as long as short
Bitget CLUSDT	0.0000%	4h	92.095	+0.017%	$42.1M	$52.1M	100x	as long as short
gTrade (Gains Network) WTI/USD	L 0.0000% / S +0.0036%	1h	91.654	−0.462%	$4K	—	150x	as long as short
Phoenix WTIOIL	+0.0009%	1h	92.140	+0.066%	$37K	$99K	20x	as long as short
Polymarket Perps WTIOIL-USD	+0.0015%	1h	92.120	+0.044%	$1.6M	$1.4M	20x	as long as short
Extended WTI-USD	+0.0032%	1h	92.180	+0.109%	$2.0M	$28.8M	10x	as long as short
edgeX CLUSDC	+0.0036%	4h	92.048	−0.034%	$529K	$335K	30x	as long as short
StandX CL-USD	+0.0040%	1h	92.050	−0.032%	$724K	$3.1M	40x	as long as short
Vest CL-PERP	+0.0046%	1h	92.170	+0.098%	—	$308K	10x	as long as short
SoDEX CL-USD	+0.0050%	1h	92.067	−0.013%	$2.0M	$39K	20x	as long as short
Pacifica CL	+0.0100%	1h	92.103	+0.026%	$332K	$578K	10x	as long as short
KuCoin CLUSDTM	+0.0100%	4h	92.101	+0.024%	$7.2M	$2.0M	50x	as long as short
ApeX Omni CLUSDT	+0.0100%	1h	92.010	−0.075%	$55K	$266K	50x	as long as short
Aevo WTIOIL-PERP	+0.0104%	1h	92.038	−0.044%	$4K	—	10x	as long as short
Coinbase International WTIOIL-PERP-INTX	+0.0112%	1h	92.030	−0.054%	$399K	$1.0M	15x	as long as short
Injective WTI/USDC PERP	+0.0172%	1h	101.16	+9.861%	$19K	$18K	30x	as long as short
GMX WTIOIL/USD [ETH-USDC]	L +0.0203% / S −0.0127%	1h	92.065	−0.016%	$76K	—	111x	as long as short
BloFin CL-USDT	+0.0240%	4h	92.000	−0.086%	$4.0M	$1.4M	50x	as long as short
Kraken Futures PF_WTIOILUSDlong	+0.0450%	1h	92.079	long leg	$275K	$1.2M	25x
RISEx CL/USDC	+0.0977%	1h	92.235	+0.169%	$3.3M	$2.7M	20x	as long as short