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

CL

RWAall CL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC−0.0008%/8h= −0.9% APRnext payment $0.01 per $10,000 · paid last 24h −0.001%
Price spread now: Extended against StandX+0.064%7-day average +0.002% · you sell dearer than you buy
Net, funding: paid 7d − costs−$24as in the Funding arb table
Net, price: spread back to 7d avg − costs−$22as in the Price arb table
costs, in and out, $10k−$280.278% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.040%+$4 on $10k
Price spread, last 7 days−0.122%−$12 · spread now +0.064%, 7d avg +0.002%
Together, before fees−0.081%+ Points / potential airdropStandX: Active · Extended: Active · farm board−$8 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Extended is 0.063% dearer against StandX than usual: you sell high and buy low, +$6 on $10k if it goes back to its 7-day average of +0.002%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongStandX CL-USD93.1400.0040pay 0.0005% / 1h49m 22s$736K$2.9M40x
ShortExtended WTI-USD93.2000.0032get 0.0004% / 1h49m 22s$2.0M$19.7M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended against StandX. 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
−$1.68
Price spread: +0.064% → +0.002%
$6.26
Slippage, 4 orders
−$14.79
Fee StandX: 4 bp × 2 orders
−$8
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$23.21
Costs to cover
0.278%
Break-even
never at this rate
Slippage from StandX: live order book, 4 min ago; Extended: live order book, 5 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy StandX live order book, 4 min ago6.45 bp10.5 bp −$1011.4 bp −$114doesn't fitdoesn't fit
Sell Extended live order book, 5 min ago0.27 bp3.1 bp −$36.0 bp −$6024.0 bp −$2,396doesn't fit

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−0.0287%1h93.130−0.011%$199K$370K15xas long as short
Aster CLUSD1−0.0262%4h93.220+0.086%$24.1M$66.8M20xas long as short
GRVT CL_USDT_Perp−0.0238%4h93.007−0.143%$54K$658K25xas long as short
Binance CLUSDT−0.0173%4h93.203+0.067%$245.2M$943.2M100xas long as short
Variational Omni CL−0.0167%4h93.119−0.023%$13.5M$10.7Mas long as short
Bitget CLUSDT−0.0124%4h93.174+0.037%$42.0M$43.3M100xas long as short
Nado WTI-PERP−0.0123%1h93.226+0.092%$966K$645K10xas long as short
Aftermath Perps WTIUSD−0.0111%1h93.090−0.054%$2K$27K5xas long as short
Ondo Perps WTI-USD.P−0.0107%1h93.130−0.011%$3.5M$5.3M20xas long as short
edgeX CLUSDC−0.0077%4h93.022−0.127%$526K$303K30xas long as short
Show all 36 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_WTIOILUSD−0.0061%1h93.164+0.026%$268K$936K25xas long as short
Gate CL_USDT−0.0047%8h93.1400.000%$21.0M$50.7M100xas long as short
Coinbase International WTIOIL-PERP-INTX−0.0040%1h93.190+0.054%$401K$928K15xas long as short
OKX CL-USDT-SWAP−0.0038%4h93.200+0.064%$42.6M$102.7M50xas long as short
QFEX CL-USD−0.0033%1h93.160+0.021%$2.3M$1.8M10xas long as short
KuCoin CLUSDTM−0.0014%4h93.217+0.083%$7.1M$2.4M50xas long as short
Phoenix WTIOIL−0.0009%1h93.050−0.097%$37K$41K20xas long as short
dYdX WTI-USD0.0000%1h93.160+0.021%$8K$3K5xas long as short
Bybit CLUSDT0.0000%8h93.222+0.088%$26.8M$80.8M150xas long as short
RISEx CL/USDC0.0000%1h93.249+0.117%$3.1M$2.9M20xas long as short
Bullet WTIOIL-USD0.0000%1h93.189+0.053%$19K$242K10xas long as short
gTrade (Gains Network) WTI/USDL 0.0000% / S +0.0036%1h92.755−0.413%$5K150xas long as short
tradeXYZ xyz:CL+0.0003%1h93.196+0.060%$184.8M$218.7M20xas long as short
Paradex CL-USD-PERP+0.0012%8h93.154+0.015%$16K$3675xas long as short
Lighter WTI+0.0032%1h93.170+0.032%$11.2M$10.3M20xas long as short
Extended WTI-USDshort+0.0032%1h93.200+0.064%$2.0M$19.7M10x
StandX CL-USDlong+0.0040%1h93.140long leg$736K$2.9M40x
Vest CL-PERP+0.0046%1h93.180+0.043%$313K10xas long as short
Polymarket Perps WTIOIL-USD+0.0050%1h93.180+0.043%$1.7M$1.3M20xas long as short
SoDEX CL-USD+0.0050%1h93.157+0.018%$2.1M$60K20xas long as short
Pacifica CL+0.0100%1h93.195+0.059%$331K$597K10xas long as short
ApeX Omni CLUSDT+0.0100%1h93.120−0.021%$56K$266K50xas long as short
Aevo WTIOIL-PERP+0.0104%1h93.110−0.032%$4K10xas long as short
BloFin CL-USDT+0.0196%4h93.070−0.075%$4.0M$996K50xas long as short
GMX WTIOIL/USD [ETH-USDC]L +0.0219% / S −0.0146%1h93.195+0.059%$81K111xas long as short
Injective WTI/USDC PERP+0.0220%1h102.17+9.691%$19K$11K30xas long as short