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

CL

RWAall CL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC−0.0116%/8h= −12.7% APRnext payment $0.15 per $10,000 · paid last 24h −0.026%
Price spread now: Ondo Perps against RISEx−0.135%7-day average −0.110% · 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 4 days (all we have)−0.044%−$4 on $10k
Price spread, last 7 days+0.052%+$5 · spread now −0.135%, 7d avg −0.110%
Together, before fees+0.008%+ Points / potential airdropOndo Perps: Active · farm board+$1 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Ondo Perps is 0.025% cheaper against RISEx than usual: you would sell low and buy high (−$2 if the spread goes back to its 7-day average of −0.110%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongRISEx CL/USDC93.6560get 0.0000% / 1h28m 18s$3.1M$2.9M20x
ShortOndo Perps WTI-USD.P93.530−0.0116pay 0.0015% / 1h28m 18s$3.5M$5.4M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Ondo Perps 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
−$24.36
Price spread: −0.135% → −0.110%
−$2.48
Slippage, 4 orders
no order book: not counted
Fee RISEx: 3 bp × 2 orders
−$6
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Net
−$37.84
Costs to cover
0.110%
Break-even
never at this rate
Slippage unknown: RISEx: live order book, 1 min ago; Ondo Perps: 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, 1 min ago1.01 bp4.0 bp −$45.1 bp −$51doesn't fitdoesn't fit
Sell Ondo Perps no order-book sample
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
Deribit WTIOIL_USDC-PERPETUAL−0.0604%1h93.600−0.060%$196K$383K15xas long as short
Aster CLUSD1−0.0271%4h93.684+0.030%$24.6M$65.2M20xas long as short
GRVT CL_USDT_Perp−0.0256%4h93.654−0.002%$58K$618K25xas long as short
Binance CLUSDT−0.0146%4h93.654−0.002%$247.2M$917.3M100xas long as short
Aftermath Perps WTIUSD−0.0141%1h93.6560.000%$2K$26K5xas long as short
Kraken Futures PF_WTIOILUSD−0.0137%1h93.631−0.027%$283K$960K25xas long as short
Variational Omni CL−0.0135%4h93.659+0.003%$13.5M$10.6Mas long as short
Ondo Perps WTI-USD.Pshort−0.0116%1h93.530−0.135%$3.5M$5.4M20x
Gate CL_USDT−0.0105%8h93.540−0.124%$22.4M$49.3M100xas long as short
Bitget CLUSDT−0.0100%4h93.611−0.048%$42.3M$42.0M100xas long as short
Show all 36 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
tradeXYZ xyz:CL−0.0073%1h93.622−0.036%$185.1M$207.0M20xas long as short
Nado WTI-PERP−0.0053%1h93.661+0.005%$965K$621K10xas long as short
edgeX CLUSDC−0.0042%4h93.649−0.007%$526K$307K30xas long as short
QFEX CL-USD−0.0023%1h93.610−0.049%$2.3M$2.5M10xas long as short
OKX CL-USDT-SWAP−0.0016%4h93.630−0.028%$42.9M$101.9M50xas long as short
Coinbase International WTIOIL-PERP-INTX−0.0008%1h93.500−0.167%$404K$916K15xas long as short
dYdX WTI-USD0.0000%1h93.733+0.082%$8K$3K5xas long as short
Bybit CLUSDT0.0000%8h93.651−0.005%$27.0M$78.9M150xas long as short
RISEx CL/USDClong0.0000%1h93.656long leg$3.1M$2.9M20x
Phoenix WTIOIL0.0000%1h93.690+0.036%$37K$39K20xas long as short
Bullet WTIOIL-USD0.0000%1h93.615−0.044%$19K$239K10xas long as short
gTrade (Gains Network) WTI/USDL 0.0000% / S +0.0036%1h93.182−0.506%$5K150xas long as short
Lighter WTI+0.0016%1h93.658+0.002%$11.3M$9.6M20xas long as short
Paradex CL-USD-PERP+0.0024%8h93.595−0.065%$16K$3675xas long as short
Extended WTI-USD+0.0032%1h93.670+0.015%$2.0M$15.7M10xas long as short
StandX CL-USD+0.0040%1h93.680+0.026%$742K$2.8M40xas long as short
Vest CL-PERP+0.0046%1h93.630−0.028%$313K10xas long as short
Polymarket Perps WTIOIL-USD+0.0050%1h93.607−0.052%$1.7M$1.3M20xas long as short
SoDEX CL-USD+0.0050%1h93.632−0.026%$2.1M$61K20xas long as short
Pacifica CL+0.0100%1h93.600−0.059%$333K$574K10xas long as short
KuCoin CLUSDTM+0.0100%4h93.654−0.002%$7.1M$2.4M50xas long as short
ApeX Omni CLUSDT+0.0100%1h93.690+0.036%$54K$266K50xas long as short
Aevo WTIOIL-PERP+0.0104%1h93.601−0.058%$4K10xas long as short
Injective WTI/USDC PERP+0.0220%1h102.97+9.948%$19K$11K30xas long as short
BloFin CL-USDT+0.0226%4h93.600−0.060%$4.0M$977K50xas long as short
GMX WTIOIL/USD [ETH-USDC]L +0.0246% / S −0.0180%1h93.655−0.001%$84K111xas long as short