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

CL

RWAall CL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0039%/8h= +4.3% APRnext payment +$0.05 per $10,000 · paid last 24h +0.051%
Price spread now: GMX against QFEX+0.016%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 feesneeds 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: +$1 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongQFEX CL-USD92.910−0.0038get 0.0005% / 1h21m 31s$2.3M$2.4M10x
ShortGMX WTIOIL/USD [ETH-USDC]92.925L +0.0164% / S −0.0001%get 0.0000% / 1h21m 31s$81K111x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

GMX against QFEX. 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
$8.19
Price spread: +0.016% → 0.000%
$1.61
Slippage, 4 orders
no order book: not counted
Fee QFEX: 5 bp × 2 orders
−$10
Fee GMX: 6 bp × 2 orders
−$12
Net
−$12.2
Costs to cover
0.220%
Break-even
17.4 days
Slippage unknown: QFEX: live order book, 6 min ago; GMX: 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
LegHalf-spread$10k$100k$1M$5M
Buy QFEX live order book, 6 min ago2.15 bp8.8 bp −$99.2 bp −$9210.8 bp −$1,077doesn't fit
Sell GMX no order-book sample
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−0.0503%1h92.900−0.011%$194K$396K15xas long as short
Aster CLUSD1−0.0281%4h92.927+0.018%$24.7M$63.7M20xas long as short
GRVT CL_USDT_Perp−0.0252%4h92.963+0.057%$77K$622K25xas long as short
Kraken Futures PF_WTIOILUSD−0.0210%1h92.937+0.029%$275K$930K25xas long as short
Binance CLUSDT−0.0157%4h92.9100.000%$246.7M$923.2M100xas long as short
Variational Omni CL−0.0147%4h92.978+0.073%$13.5M$10.7Mas long as short
Gate CL_USDT−0.0134%8h92.830−0.086%$22.9M$50.0M100xas long as short
Bitget CLUSDT−0.0122%4h92.900−0.011%$42.2M$41.7M100xas long as short
Nado WTI-PERP−0.0108%1h92.951+0.045%$953K$620K10xas long as short
Aftermath Perps WTIUSD−0.0099%1h92.976+0.071%$2K$26K5xas long as short
Show all 36 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX CL-USDT-SWAP−0.0080%4h92.890−0.022%$42.6M$102.8M50xas long as short
edgeX CLUSDC−0.0057%4h92.965+0.060%$523K$305K30xas long as short
QFEX CL-USDlong−0.0038%1h92.910long leg$2.3M$2.4M10x
tradeXYZ xyz:CL−0.0022%1h92.935+0.027%$184.2M$197.9M20xas long as short
Ondo Perps WTI-USD.P−0.0022%1h92.860−0.054%$3.6M$5.3M20xas long as short
Lighter WTI−0.0016%1h92.878−0.034%$11.2M$9.2M20xas long as short
Coinbase International WTIOIL-PERP-INTX−0.0016%1h93.540+0.678%$405K$810K15xas long as short
Paradex CL-USD-PERP0.0000%8h92.870−0.044%$16K$3675xas long as short
dYdX WTI-USD0.0000%1h92.986+0.082%$8K$3K5xas long as short
Bybit CLUSDT0.0000%8h92.924+0.015%$26.7M$79.4M150xas long as short
RISEx CL/USDC0.0000%1h92.939+0.032%$3.0M$2.9M20xas long as short
Phoenix WTIOIL0.0000%1h92.990+0.086%$37K$40K20xas long as short
Bullet WTIOIL-USD0.0000%1h92.933+0.025%$18K$240K10xas long as short
gTrade (Gains Network) WTI/USDL 0.0000% / S +0.0036%1h92.492−0.450%$5K150xas long as short
Extended WTI-USD+0.0032%1h92.930+0.022%$1.9M$15.1M10xas long as short
StandX CL-USD+0.0040%1h93.040+0.140%$737K$2.8M40xas long as short
Vest CL-PERP+0.0046%1h92.930+0.022%$313K10xas long as short
Polymarket Perps WTIOIL-USD+0.0050%1h92.902−0.009%$1.7M$1.3M20xas long as short
SoDEX CL-USD+0.0050%1h92.938+0.030%$2.1M$60K20xas long as short
Pacifica CL+0.0100%1h92.913+0.003%$347K$592K10xas long as short
KuCoin CLUSDTM+0.0100%4h92.928+0.019%$7.0M$2.4M50xas long as short
ApeX Omni CLUSDT+0.0100%1h92.940+0.032%$54K$266K50xas long as short
Aevo WTIOIL-PERP+0.0104%1h92.919+0.009%$4K10xas long as short
BloFin CL-USDT+0.0160%4h92.950+0.043%$4.1M$982K50xas long as short
GMX WTIOIL/USD [ETH-USDC]shortL +0.0164% / S −0.0001%1h92.925+0.016%$81K111x
Injective WTI/USDC PERP+0.0220%1h102.45+10.268%$19K$11K30xas long as short