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

CL

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Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC−0.0212%/8h= −23.3% APRnext payment $0.27 per $10,000 · paid last 24h −0.022%
Price spread now: Ondo Perps against SoDEX−0.048%7-day average −0.029% · 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 3 days (all we have)+0.020%+$2 on $10k
Price spread, last 4 days (all we have)+0.118%+$12 · spread now −0.048%, 7d avg −0.029%
Together, before fees+0.138%+ Points / potential airdropOndo Perps: Active · farm board+$14 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.029%, so right now this pair is about funding alone: −$6 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 3 days it paid 0.020% in total (about 2.2% a year). A funding rate is set anew for every payment; at this rate the next one is about $0.27 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSoDEX CL-USD93.3250.0050pay 0.0006% / 1h49m 17s$2.1M$60K20x
ShortOndo Perps WTI-USD.P93.280−0.0162pay 0.0020% / 1h49m 17s$3.5M$5.3M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Ondo Perps 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
−$44.6
Price spread: −0.048% → −0.029%
−$1.89
Slippage, 4 orders
no order book: not counted
Fee SoDEX: 4 bp × 2 orders
−$8
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Net
−$59.49
Costs to cover
0.130%
Break-even
never at this rate
Slippage unknown: SoDEX: live order book, 5 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 SoDEX live order book, 5 min ago1.02 bp19.4 bp −$1984.2 bp −$842doesn'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−0.0607%1h93.310−0.016%$197K$372K15xas long as short
GRVT CL_USDT_Perp−0.0346%4h93.320−0.005%$58K$649K25xas long as short
Aster CLUSD1−0.0297%4h93.344+0.021%$24.3M$66.5M20xas long as short
Kraken Futures PF_WTIOILUSD−0.0204%1h93.321−0.005%$283K$962K25xas long as short
Binance CLUSDT−0.0197%4h93.322−0.003%$246.4M$936.3M100xas long as short
Variational Omni CL−0.0185%4h93.329+0.004%$13.3M$10.9Mas long as short
Ondo Perps WTI-USD.Pshort−0.0162%1h93.280−0.048%$3.5M$5.3M20x
Aftermath Perps WTIUSD−0.0138%1h93.330+0.005%$2K$26K5xas long as short
Bitget CLUSDT−0.0134%4h93.324−0.001%$42.1M$43.1M100xas long as short
Nado WTI-PERP−0.0127%1h93.360+0.037%$967K$621K10xas long as short
Show all 36 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
tradeXYZ xyz:CL−0.0080%1h93.317−0.009%$184.5M$215.4M20xas long as short
Gate CL_USDT−0.0073%8h93.260−0.070%$21.6M$49.1M100xas long as short
OKX CL-USDT-SWAP−0.0067%4h93.320−0.005%$42.6M$102.5M50xas long as short
edgeX CLUSDC−0.0065%4h93.310−0.016%$524K$306K30xas long as short
Coinbase International WTIOIL-PERP-INTX−0.0040%1h93.160−0.177%$403K$929K15xas long as short
QFEX CL-USD−0.0032%1h93.290−0.038%$2.3M$2.1M10xas long as short
Lighter WTI−0.0016%1h93.299−0.028%$11.2M$9.8M20xas long as short
Paradex CL-USD-PERP−0.0011%8h93.288−0.039%$16K$3675xas long as short
dYdX WTI-USD0.0000%1h93.329+0.005%$8K$3K5xas long as short
Bybit CLUSDT0.0000%8h93.338+0.014%$27.1M$79.9M150xas long as short
RISEx CL/USDC0.0000%1h93.363+0.041%$3.1M$2.9M20xas long as short
Phoenix WTIOIL0.0000%1h93.390+0.070%$37K$41K20xas long as short
Bullet WTIOIL-USD0.0000%1h93.319−0.006%$18K$241K10xas long as short
gTrade (Gains Network) WTI/USDL 0.0000% / S +0.0036%1h92.878−0.479%$5K150xas long as short
Extended WTI-USD+0.0032%1h93.370+0.048%$2.0M$18.0M10xas long as short
KuCoin CLUSDTM+0.0032%4h93.350+0.027%$7.1M$2.4M50xas long as short
StandX CL-USD+0.0040%1h93.340+0.016%$739K$2.9M40xas long as short
Vest CL-PERP+0.0046%1h93.330+0.005%$313K10xas long as short
Pacifica CL+0.0047%1h93.299−0.028%$331K$576K10xas long as short
Polymarket Perps WTIOIL-USD+0.0050%1h93.302−0.025%$1.7M$1.3M20xas long as short
SoDEX CL-USDlong+0.0050%1h93.325long leg$2.1M$60K20x
ApeX Omni CLUSDT+0.0100%1h93.420+0.102%$54K$267K50xas long as short
Aevo WTIOIL-PERP+0.0104%1h93.287−0.041%$4K10xas long as short
BloFin CL-USDT+0.0172%4h93.340+0.016%$4.0M$983K50xas long as short
Injective WTI/USDC PERP+0.0220%1h102.57+9.908%$19K$11K30xas long as short
GMX WTIOIL/USD [ETH-USDC]L +0.0230% / S −0.0160%1h93.315−0.011%$82K111xas long as short