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

CL

RWAall CL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0093%/8h= +10.2% APRnext payment +$0.12 per $10,000 · paid last 24h +0.052%
Price spread now: GMX against SoDEX+0.003%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: +$3 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSoDEX CL-USD93.0420.0050pay 0.0006% / 1h15m 35s$2.1M$60K20x
ShortGMX WTIOIL/USD [ETH-USDC]93.045L +0.0215% / S −0.0143%get 0.0018% / 1h15m 35s$81K111x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

GMX against SoDEX. 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
$19.48
Price spread: +0.003% → 0.000%
$0.32
Slippage, 4 orders
no order book: not counted
Fee SoDEX: 4 bp × 2 orders
−$8
Fee GMX: 6 bp × 2 orders
−$12
Net
−$0.2
Costs to cover
0.200%
Break-even
7.1 days
Slippage unknown: SoDEX: live order book, 3 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 SoDEX live order book, 3 min ago1.02 bp20.0 bp −$2085.3 bp −$853doesn't fitdoesn'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−0.0395%1h93.020−0.024%$198K$370K15xas long as short
Aster CLUSD1−0.0263%4h93.052+0.010%$24.0M$66.7M20xas long as short
GRVT CL_USDT_Perp−0.0240%4h93.010−0.035%$64K$648K25xas long as short
Kraken Futures PF_WTIOILUSD−0.0196%1h93.080+0.040%$274K$872K25xas long as short
Binance CLUSDT−0.0185%4h93.005−0.040%$244.5M$947.7M100xas long as short
Variational Omni CL−0.0176%4h93.029−0.014%$13.5M$10.9Mas long as short
Bitget CLUSDT−0.0118%4h92.976−0.071%$41.9M$43.7M100xas long as short
tradeXYZ xyz:CL−0.0108%1h93.011−0.033%$184.6M$214.5M20xas long as short
Aftermath Perps WTIUSD−0.0104%1h93.033−0.010%$2K$27K5xas long as short
Ondo Perps WTI-USD.P−0.0087%1h93.030−0.013%$3.5M$5.4M20xas long as short
Show all 36 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX CL-USDT-SWAP−0.0052%4h93.010−0.034%$42.5M$102.6M50xas long as short
Coinbase International WTIOIL-PERP-INTX−0.0048%1h92.750−0.314%$402K$944K15xas long as short
Gate CL_USDT−0.0046%8h92.940−0.110%$20.8M$52.0M100xas long as short
QFEX CL-USD−0.0043%1h93.000−0.045%$2.4M$1.7M10xas long as short
edgeX CLUSDC−0.0034%4h93.009−0.035%$530K$301K30xas long as short
Nado WTI-PERP−0.0027%1h93.072+0.033%$962K$649K10xas long as short
KuCoin CLUSDTM−0.0022%4h93.021−0.023%$7.1M$2.4M50xas long as short
Lighter WTI0.0000%1h93.001−0.044%$11.2M$10.6M20xas long as short
dYdX WTI-USD0.0000%1h93.113+0.077%$8K$3K5xas long as short
Bybit CLUSDT0.0000%8h93.001−0.044%$26.7M$80.3M150xas long as short
RISEx CL/USDC0.0000%1h93.063+0.023%$3.1M$2.9M20xas long as short
Phoenix WTIOIL0.0000%1h93.090+0.052%$37K$42K20xas long as short
Bullet WTIOIL-USD0.0000%1h93.046+0.004%$19K$241K10xas long as short
gTrade (Gains Network) WTI/USDL 0.0000% / S +0.0036%1h92.601−0.474%$5K150xas long as short
Paradex CL-USD-PERP+0.0014%8h92.985−0.061%$16K$3675xas long as short
Extended WTI-USD+0.0032%1h93.030−0.013%$2.0M$20.4M10xas long as short
StandX CL-USD+0.0040%1h93.040−0.002%$735K$2.9M40xas long as short
Vest CL-PERP+0.0046%1h93.060+0.019%$310K10xas long as short
Polymarket Perps WTIOIL-USD+0.0050%1h93.047+0.005%$1.7M$1.3M20xas long as short
SoDEX CL-USDlong+0.0050%1h93.042long leg$2.1M$60K20x
Pacifica CL+0.0068%1h93.011−0.034%$330K$622K10xas long as short
ApeX Omni CLUSDT+0.0100%1h93.080+0.041%$56K$266K50xas long as short
Aevo WTIOIL-PERP+0.0104%1h93.027−0.016%$4K10xas long as short
BloFin CL-USDT+0.0185%4h93.030−0.013%$4.0M$1.1M50xas long as short
GMX WTIOIL/USD [ETH-USDC]shortL +0.0215% / S −0.0143%1h93.045+0.003%$81K111x
Injective WTI/USDC PERP+0.0220%1h102.25+9.898%$19K$11K30xas long as short