Funding you earn now, next payment 02:00 UTC+0.0315%/8h= +34.5% APRpaid last 24h +0.076%
Price spread now: BloFin against Ondo Perps0.000%155s7-day average +0.028% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.194%+$19 on $10k
+Price spread, last 3 days (all we have)−0.024%−$2 · spread now 0.000%, 7d avg +0.028%
=Together, before fees+0.169%+ Points / potential airdropOndo Perps: Active · farm board+$17 on $10k · with fees, hour by hour
Funding pays, the price is against you. BloFin is 0.028% cheaper against Ondo Perps than usual: you would sell low and buy high (spread 0.000% now, against its 7-day average of +0.028%). If the spread goes back, that is −$3 on $10k: about 7 hours of funding at the current rate (+$9 a day). At the pace of the last 7 days (+0.194% in total) that is about 24 hours. The two prices were read 155 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.194% in total (about 10.1% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Ondo Perps WTI-USD.P | 92.730 | −0.0087 | get 0.0011% / 1h | 46m 01s | $3.5M | $5.8M | 20x |
| Short | BloFin CL-USDT | 92.730 | 0.0228 | get 0.0114% / 4h | 2h 46m | $4.0M | $1.2M | 50x |
Ondo Perps WTI-USD.P
BloFin CL-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against Ondo Perps. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $66.19
- Price spread: 0.000% → +0.028%
- −$2.82
- Slippage, 4 orders
- no order book: not counted
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- $46.37
- Costs to cover
- 0.170%
- Break-even
- 2.1 days
Slippage unknown: Ondo Perps: no order-book sample; BloFin: live order book, 2 min ago. 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 Ondo Perps no order-book sample | — | — | — | — | — |
| Sell BloFin live order book, 2 min ago | 1.08 bp | 7.1 bp −$7 | 9.1 bp −$91 | 13.6 bp −$1,361 | 33.3 bp −$16.6K |
Ondo Perps: 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 | −0.0504% | 1h | 92.730 | 0.000% | $198K | $366K | 15x | as long as short |
| Aster CLUSD1 | −0.0339% | 4h | 92.780 | +0.054% | $23.9M | $74.7M | 20x | as long as short |
| GRVT CL_USDT_Perp | −0.0322% | 4h | 92.720 | −0.011% | $50K | $632K | 25x | as long as short |
| Binance CLUSDT | −0.0282% | 4h | 92.780 | +0.054% | $244.7M | $1.00B | 100x | as long as short |
| Variational Omni CL | −0.0272% | 4h | 92.751 | +0.022% | $13.3M | $11.2M | — | as long as short |
| Gate CL_USDT | −0.0167% | 8h | 92.720 | −0.011% | $20.9M | $52.9M | 100x | as long as short |
| Ondo Perps WTI-USD.Plong | −0.0087% | 1h | 92.730 | long leg | $3.5M | $5.8M | 20x | |
| tradeXYZ xyz:CL | −0.0062% | 1h | 92.770 | +0.043% | $185.4M | $225.0M | 20x | as long as short |
| Nado WTI-PERP | −0.0049% | 1h | 92.795 | +0.071% | $935K | $685K | 10x | as long as short |
| Coinbase International WTIOIL-PERP-INTX | −0.0048% | 1h | 92.030 | −0.755% | $399K | $942K | 15x | as long as short |
Deribit WTIOIL_USDC-PERPETUAL
Aster CLUSD1
GRVT CL_USDT_Perp
Binance CLUSDT
Variational Omni CL
Gate CL_USDT
tradeXYZ xyz:CL
Nado WTI-PERP
Coinbase International WTIOIL-PERP-INTXShow all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_WTIOILUSD | −0.0038% | 1h | 92.793 | +0.068% | $275K | $883K | 25x | as long as short |
| QFEX CL-USD | −0.0033% | 1h | 92.750 | +0.022% | $2.5M | $1.7M | 10x | as long as short |
| Extended WTI-USD | −0.0016% | 1h | 92.810 | +0.086% | $2.1M | $25.2M | 10x | as long as short |
| OKX CL-USDT-SWAP | −0.0014% | 4h | 92.790 | +0.065% | $42.9M | $106.9M | 50x | as long as short |
| dYdX WTI-USD | 0.0000% | 1h | 92.832 | +0.110% | $8K | $3K | 5x | as long as short |
| Bybit CLUSDT | 0.0000% | 8h | 92.790 | +0.065% | $26.3M | $84.0M | 150x | as long as short |
| Bitget CLUSDT | 0.0000% | 4h | 92.771 | +0.044% | $42.1M | $46.3M | 100x | as long as short |
| Phoenix WTIOIL | 0.0000% | 1h | 92.890 | +0.173% | $37K | $51K | 20x | as long as short |
| Bullet WTIOIL-USD | 0.0000% | 1h | 92.770 | +0.043% | $18K | $240K | 10x | as long as short |
| gTrade (Gains Network) WTI/USD | L 0.0000% / S +0.0036% | 1h | 92.319 | −0.443% | $5K | — | 150x | as long as short |
| Paradex CL-USD-PERP | +0.0019% | 8h | 92.731 | +0.001% | $16K | $367 | 5x | as long as short |
| Lighter WTI | +0.0032% | 1h | 92.768 | +0.041% | $11.2M | $10.1M | 20x | as long as short |
| RISEx CL/USDC | +0.0037% | 1h | 92.871 | +0.152% | $3.3M | $2.7M | 20x | as long as short |
| StandX CL-USD | +0.0040% | 1h | 92.330 | −0.431% | $726K | $3.0M | 40x | as long as short |
| Vest CL-PERP | +0.0046% | 1h | 92.790 | +0.065% | — | $310K | 10x | as long as short |
| Polymarket Perps WTIOIL-USD | +0.0050% | 1h | 92.777 | +0.051% | $1.6M | $1.3M | 20x | as long as short |
| SoDEX CL-USD | +0.0050% | 1h | 92.763 | +0.036% | $2.1M | $61K | 20x | as long as short |
| Aftermath Perps WTIUSD | +0.0071% | 1h | 92.804 | +0.080% | $2K | $28K | 5x | as long as short |
| KuCoin CLUSDTM | +0.0072% | 4h | 92.828 | +0.106% | $7.2M | $2.3M | 50x | as long as short |
| edgeX CLUSDC | +0.0075% | 4h | 92.751 | +0.022% | $533K | $299K | 30x | as long as short |
| Pacifica CL | +0.0100% | 1h | 92.755 | +0.027% | $331K | $616K | 10x | as long as short |
| ApeX Omni CLUSDT | +0.0100% | 1h | 92.760 | +0.032% | $56K | $265K | 50x | as long as short |
| Aevo WTIOIL-PERP | +0.0104% | 1h | 92.728 | −0.002% | $4K | — | 10x | as long as short |
| GMX WTIOIL/USD [ETH-USDC] | L +0.0207% / S −0.0131% | 1h | 92.765 | +0.038% | $78K | — | 111x | as long as short |
| Injective WTI/USDC PERP | +0.0220% | 1h | 101.93 | +9.925% | $19K | $11K | 30x | as long as short |
| BloFin CL-USDTshort | +0.0228% | 4h | 92.730 | 0.000% | $4.0M | $1.2M | 50x |
Kraken Futures PF_WTIOILUSD
QFEX CL-USD
Extended WTI-USD
OKX CL-USDT-SWAP
dYdX WTI-USD
Bybit CLUSDT
Bitget CLUSDT
Phoenix WTIOIL
Bullet WTIOIL-USD
gTrade (Gains Network) WTI/USD
Paradex CL-USD-PERP
Lighter WTI
RISEx CL/USDC
StandX CL-USD
Vest CL-PERP
Polymarket Perps WTIOIL-USD
SoDEX CL-USD
Aftermath Perps WTIUSD
KuCoin CLUSDTM
edgeX CLUSDC
Pacifica CL
ApeX Omni CLUSDT
Aevo WTIOIL-PERP
GMX WTIOIL/USD [ETH-USDC]
Injective WTI/USDC PERP