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−0.0036%/8h= −3.9% APRnext payment $0.04 per $10,000 · paid last 24h −0.027%
Price spread now: gTrade (Gains Network) against RISEx−0.580%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 1 day (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and gTrade (Gains Network) is 0.580% cheaper against RISEx than usual: you would sell low and buy high (−$58 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongRISEx CL/USDC93.1600get 0.0000% / 1h38m 47s$3.1M$2.9M20x
ShortgTrade (Gains Network) WTI/USD92.620L 0.0000% / S +0.0036%pay 0.0004% / 1h38m 47s$5K150x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

gTrade (Gains Network) against RISEx. 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
−$7.5
Price spread: −0.580% → 0.000%
−$58.01
Slippage, 4 orders
no order book: not counted
Fee RISEx: 3 bp × 2 orders
−$6
Fee gTrade (Gains Network): 4 bp × 2 orders
−$8
Net
−$79.51
Costs to cover
0.140%
Break-even
never at this rate
Slippage unknown: RISEx: live order book, 5 min ago; gTrade (Gains Network): 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 RISEx live order book, 5 min ago0.05 bp3.1 bp −$33.6 bp −$36doesn't fitdoesn't fit
Sell gTrade (Gains Network) no order-book sample
gTrade (Gains Network): 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−0.0609%1h93.020−0.151%$199K$370K15xas long as short
Aster CLUSD1−0.0250%4h93.100−0.065%$24.0M$67.6M20xas long as short
GRVT CL_USDT_Perp−0.0242%4h93.158−0.003%$64K$648K25xas long as short
Kraken Futures PF_WTIOILUSD−0.0196%1h93.078−0.089%$274K$872K25xas long as short
Binance CLUSDT−0.0193%4h93.096−0.069%$244.7M$951.6M100xas long as short
Variational Omni CL−0.0183%4h93.158−0.003%$13.5M$11.0Mas long as short
Ondo Perps WTI-USD.P−0.0118%1h93.070−0.097%$3.5M$5.6M20xas long as short
tradeXYZ xyz:CL−0.0110%1h93.092−0.073%$184.8M$215.5M20xas long as short
Aftermath Perps WTIUSD−0.0093%1h93.167+0.007%$2K$27K5xas long as short
Bitget CLUSDT−0.0088%4h93.093−0.072%$42.0M$43.9M100xas long as short
Show all 36 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX CL-USDT-SWAP−0.0069%4h93.090−0.076%$42.6M$102.8M50xas long as short
Gate CL_USDT−0.0056%8h93.030−0.140%$20.9M$51.5M100xas long as short
Coinbase International WTIOIL-PERP-INTX−0.0048%1h92.750−0.441%$402K$944K15xas long as short
QFEX CL-USD−0.0043%1h93.070−0.097%$2.5M$1.7M10xas long as short
edgeX CLUSDC−0.0041%4h93.173+0.014%$530K$299K30xas long as short
Nado WTI-PERP−0.0029%1h93.173+0.014%$963K$653K10xas long as short
Lighter WTI−0.0016%1h93.105−0.060%$11.2M$10.5M20xas long as short
KuCoin CLUSDTM−0.0008%4h93.154−0.007%$7.1M$2.4M50xas long as short
dYdX WTI-USD0.0000%1h93.113−0.051%$8K$3K5xas long as short
Extended WTI-USD0.0000%1h93.140−0.022%$2.0M$21.2M10xas long as short
Bybit CLUSDT0.0000%8h93.106−0.058%$26.7M$80.8M150xas long as short
RISEx CL/USDClong0.0000%1h93.160long leg$3.1M$2.9M20x
Phoenix WTIOIL0.0000%1h93.210+0.053%$37K$42K20xas long as short
Bullet WTIOIL-USD0.0000%1h93.085−0.081%$18K$242K10xas long as short
gTrade (Gains Network) WTI/USDshortL 0.0000% / S +0.0036%1h92.620−0.580%$5K150x
Paradex CL-USD-PERP+0.0014%8h93.079−0.087%$16K$3675xas long as short
StandX CL-USD+0.0040%1h93.140−0.022%$735K$2.9M40xas long as short
Vest CL-PERP+0.0046%1h93.130−0.033%$310K10xas long as short
Polymarket Perps WTIOIL-USD+0.0050%1h93.102−0.063%$1.7M$1.3M20xas long as short
SoDEX CL-USD+0.0050%1h93.057−0.111%$2.1M$60K20xas long as short
Pacifica CL+0.0068%1h93.091−0.075%$329K$621K10xas long as short
ApeX Omni CLUSDT+0.0100%1h93.170+0.010%$56K$266K50xas long as short
Aevo WTIOIL-PERP+0.0104%1h93.029−0.141%$4K10xas long as short
BloFin CL-USDT+0.0172%4h93.130−0.033%$4.0M$1.1M50xas long as short
GMX WTIOIL/USD [ETH-USDC]L +0.0210% / S −0.0134%1h93.055−0.113%$79K111xas long as short
Injective WTI/USDC PERP+0.0220%1h102.31+9.823%$19K$11K30xas long as short