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−0.0040%/8h= −4.4% APRnext payment $0.05 per $10,000 · paid last 24h +0.008%
Price spread now: RISEx against StandX+0.107%7-day average +0.076% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$29as in the Price arb table
costs, in and out, $10k−$320.323% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)+0.120%+$12 on $10k
Price spread, last 7 days−0.088%−$9 · spread now +0.107%, 7d avg +0.076%
Together, before fees+0.032%+ Points / potential airdropStandX: Active · farm board+$3 on $10k · with fees, hour by hour
The price spread pays, funding is against you. RISEx is 0.031% dearer against StandX than usual: you sell high and buy low (spread +0.107% now, against its 7-day average of +0.076%): +$3 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 2.6 days. Mind the row above: over the last 4 days funding on this pair paid +0.120%, so the current rate has only just turned against you.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongStandX CL-USD93.1700.0040pay 0.0005% / 1h45m 48s$736K$2.9M40x
ShortRISEx CL/USDC93.2700get 0.0000% / 1h45m 48s$3.1M$2.9M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

RISEx 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
−$8.4
Price spread: +0.107% → +0.076%
$3.07
Slippage, 4 orders
−$18.32
Fee StandX: 4 bp × 2 orders
−$8
Fee RISEx: 3 bp × 2 orders
−$6
Net
−$37.65
Costs to cover
0.323%
Break-even
never at this rate
Slippage from StandX: live order book, 3 min ago; RISEx: live order book, 3 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, 3 min ago2.15 bp17.7 bp −$1819.1 bp −$191doesn't fitdoesn't fit
Sell RISEx live order book, 3 min ago0.64 bp4.8 bp −$55.6 bp −$56doesn't fitdoesn'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−0.0501%1h93.1700.000%$199K$370K15xas long as short
Aster CLUSD1−0.0260%4h93.237+0.071%$24.1M$67.0M20xas long as short
GRVT CL_USDT_Perp−0.0192%4h93.168−0.002%$54K$658K25xas long as short
Binance CLUSDT−0.0171%4h93.206+0.038%$245.5M$943.2M100xas long as short
Variational Omni CL−0.0160%4h93.169−0.001%$13.4M$10.8Mas long as short
Nado WTI-PERP−0.0125%1h93.244+0.080%$965K$645K10xas long as short
Bitget CLUSDT−0.0122%4h93.200+0.032%$42.0M$43.3M100xas long as short
Ondo Perps WTI-USD.P−0.0112%1h93.200+0.032%$3.5M$5.3M20xas long as short
Aftermath Perps WTIUSD−0.0110%1h93.162−0.009%$2K$27K5xas long as short
Kraken Futures PF_WTIOILUSD−0.0061%1h93.195+0.027%$268K$946K25xas long as short
Show all 36 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate CL_USDT−0.0049%8h93.150−0.021%$21.0M$50.8M100xas long as short
Coinbase International WTIOIL-PERP-INTX−0.0040%1h93.190+0.021%$401K$928K15xas long as short
OKX CL-USDT-SWAP−0.0035%4h93.210+0.043%$42.7M$103.0M50xas long as short
QFEX CL-USD−0.0033%1h93.180+0.011%$2.3M$1.8M10xas long as short
edgeX CLUSDC−0.0019%4h93.176+0.007%$524K$307K30xas long as short
KuCoin CLUSDTM−0.0012%4h93.232+0.067%$7.1M$2.4M50xas long as short
Phoenix WTIOIL−0.0009%1h93.220+0.054%$37K$41K20xas long as short
dYdX WTI-USD0.0000%1h93.272+0.110%$8K$3K5xas long as short
Bybit CLUSDT0.0000%8h93.233+0.068%$27.0M$80.9M150xas long as short
RISEx CL/USDCshort0.0000%1h93.270+0.107%$3.1M$2.9M20x
Bullet WTIOIL-USD0.0000%1h93.173+0.003%$19K$242K10xas long as short
gTrade (Gains Network) WTI/USDL 0.0000% / S +0.0036%1h92.734−0.468%$5K150xas long as short
tradeXYZ xyz:CL+0.0003%1h93.220+0.054%$184.6M$218.9M20xas long as short
Paradex CL-USD-PERP+0.0015%8h93.182+0.012%$16K$3675xas long as short
Lighter WTI+0.0032%1h93.206+0.039%$11.2M$10.3M20xas long as short
Extended WTI-USD+0.0032%1h93.250+0.086%$2.0M$19.5M10xas long as short
StandX CL-USDlong+0.0040%1h93.170long leg$736K$2.9M40x
Vest CL-PERP+0.0046%1h93.210+0.043%$313K10xas long as short
Polymarket Perps WTIOIL-USD+0.0050%1h93.193+0.025%$1.7M$1.3M20xas long as short
SoDEX CL-USD+0.0050%1h93.195+0.027%$2.1M$60K20xas long as short
Pacifica CL+0.0100%1h93.202+0.034%$331K$597K10xas long as short
ApeX Omni CLUSDT+0.0100%1h93.260+0.097%$56K$266K50xas long as short
Aevo WTIOIL-PERP+0.0104%1h93.171+0.001%$4K10xas long as short
BloFin CL-USDT+0.0204%4h93.210+0.043%$4.0M$1.0M50xas long as short
GMX WTIOIL/USD [ETH-USDC]L +0.0219% / S −0.0147%1h93.165−0.005%$81K111xas long as short
Injective WTI/USDC PERP+0.0220%1h102.17+9.655%$19K$11K30xas long as short