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

CL

RWAall CL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC+0.0005%/8h= +0.5% APRnext payment +$0.01 per $10,000 · paid last 24h −0.003%
Price spread now: QFEX against Ondo Perps+0.011%7-day average +0.043% · 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)−0.121%−$12 on $10k
Price spread, last 7 days−0.039%−$4 · spread now +0.011%, 7d avg +0.043%
Together, before fees−0.160%+ Points / potential airdropOndo Perps: Active · farm board−$16 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: QFEX is 0.032% cheaper against Ondo Perps than usual: you would sell low and buy high, −$3 on $10k if it goes back to its 7-day average of +0.043%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOndo Perps WTI-USD.P92.430−0.0045get 0.0006% / 1h33m 16s$3.5M$6.2M20x
ShortQFEX CL-USD92.440−0.0040pay 0.0005% / 1h33m 16s$2.4M$2.1M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

QFEX 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 it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$1.04
Price spread: +0.011% → +0.043%
−$3.21
Slippage, 4 orders
no order book: not counted
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Fee QFEX: 5 bp × 2 orders
−$10
Net
−$17.17
Costs to cover
0.150%
Break-even
122.4 days
Slippage unknown: Ondo Perps: no order-book sample; QFEX: live order book, 4 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 Ondo Perps no order-book sample
Sell QFEX live order book, 4 min ago1.62 bp7.4 bp −$77.7 bp −$779.3 bp −$930doesn't fit
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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GRVT CL_USDT_Perp−0.0356%4h92.460+0.032%$58K$693K25xas long as short
Aster CLUSD1−0.0327%4h92.489+0.064%$24.0M$80.6M20xas long as short
Binance CLUSDT−0.0265%4h92.490+0.065%$245.2M$1.07B100xas long as short
Variational Omni CL−0.0254%4h92.451+0.022%$13.2M$12.2Mas long as short
Gate CL_USDT−0.0225%8h92.4300.000%$21.3M$54.9M100xas long as short
Kraken Futures PF_WTIOILUSD−0.0120%1h92.507+0.083%$274K$1.1M25xas long as short
Nado WTI-PERP−0.0084%1h92.511+0.088%$932K$732K10xas long as short
Deribit WTIOIL_USDC-PERPETUAL−0.0074%1h92.500+0.076%$96K$189K15xas long as short
Ondo Perps WTI-USD.Plong−0.0045%1h92.430long leg$3.5M$6.2M20x
Coinbase International WTIOIL-PERP-INTX−0.0040%1h92.030−0.433%$399K$960K15xas long as short
Show all 36 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
QFEX CL-USDshort−0.0040%1h92.440+0.011%$2.4M$2.1M10x
tradeXYZ xyz:CL−0.0022%1h92.494+0.069%$186.5M$256.6M20xas long as short
Paradex CL-USD-PERP−0.0014%8h92.449+0.021%$15K$3675xas long as short
dYdX WTI-USD0.0000%1h92.483+0.058%$8K$3K5xas long as short
Bybit CLUSDT0.0000%8h92.510+0.087%$26.2M$92.6M150xas long as short
OKX CL-USDT-SWAP0.0000%4h92.480+0.054%$43.0M$111.1M50xas long as short
RISEx CL/USDC0.0000%1h92.587+0.170%$3.3M$2.7M20xas long as short
Bitget CLUSDT0.0000%4h92.481+0.055%$42.1M$50.9M100xas long as short
Phoenix WTIOIL0.0000%1h92.530+0.108%$37K$66K20xas long as short
Bullet WTIOIL-USD0.0000%1h92.488+0.063%$19K$242K10xas long as short
gTrade (Gains Network) WTI/USDL 0.0000% / S +0.0036%1h92.047−0.414%$5K150xas long as short
Lighter WTI+0.0008%1h92.489+0.064%$11.2M$10.1M20xas long as short
Extended WTI-USD+0.0032%1h92.530+0.108%$2.3M$27.1M10xas long as short
StandX CL-USD+0.0040%1h92.370−0.065%$722K$3.1M40xas long as short
Vest CL-PERP+0.0046%1h92.490+0.065%$310K10xas long as short
Polymarket Perps WTIOIL-USD+0.0050%1h92.472+0.045%$1.6M$1.4M20xas long as short
SoDEX CL-USD+0.0050%1h92.486+0.061%$2.0M$39K20xas long as short
edgeX CLUSDC+0.0066%4h92.484+0.059%$532K$299K30xas long as short
Pacifica CL+0.0100%1h92.479+0.053%$354K$596K10xas long as short
KuCoin CLUSDTM+0.0100%4h92.500+0.076%$7.3M$2.3M50xas long as short
ApeX Omni CLUSDT+0.0100%1h92.550+0.130%$56K$265K50xas long as short
Aevo WTIOIL-PERP+0.0104%1h92.450+0.021%$4K10xas long as short
GMX WTIOIL/USD [ETH-USDC]L +0.0206% / S −0.0131%1h92.485+0.060%$78K111xas long as short
Injective WTI/USDC PERP+0.0220%1h101.56+9.873%$19K$11K30xas long as short
BloFin CL-USDT+0.0240%4h92.400−0.032%$4.0M$1.4M50xas long as short
Aftermath Perps WTIUSD+0.0287%1h92.452+0.023%$2K$28K5xas long as short