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

CL

RWAall CL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC−0.0046%/8h= −5.0% APRnext payment $0.06 per $10,000 · paid last 24h −0.015%
Price spread now: Bullet against Vest−0.052%7-day average +0.808% · 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)−0.006%−$1 on $10k
Price spread, last 4 days (all we have)+0.121%+$12 · spread now −0.052%, 7d avg +0.808%
Together, before fees+0.115%+ Points / potential airdropVest: Active · farm board+$11 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Bullet is 0.860% cheaper against Vest than usual: you would sell low and buy high (−$86 if the spread goes back to its 7-day average of +0.808%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVest CL-PERP92.8900.0046pay 0.0006% / 1h27m 16s$313K10x
ShortBullet WTIOIL-USD92.8420get 0.0000% / 1h27m 16s$19K$239K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bullet against Vest. 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
−$9.59
Price spread: −0.052% → +0.808%
−$86
Slippage, 4 orders
no order book: not counted
Fee Vest: 1 bp × 2 orders
−$2
Fee Bullet: 4 bp × 2 orders
−$8
Net
−$105.6
Costs to cover
0.100%
Break-even
never at this rate
Slippage unknown: Vest: no order-book sample; Bullet: live order book, 7 min ago. 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 Vest no order-book sample
Sell Bullet live order book, 7 min ago1.56 bp7.6 bp −$819.0 bp −$190doesn't fitdoesn't fit
Vest: 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−0.0611%1h92.800−0.097%$187K$411K15xas long as short
Kraken Futures PF_WTIOILUSD−0.0314%1h92.835−0.059%$269K$949K25xas long as short
Aster CLUSD1−0.0223%4h92.868−0.024%$24.9M$60.1M20xas long as short
Binance CLUSDT−0.0123%4h92.840−0.054%$245.5M$929.3M100xas long as short
Gate CL_USDT−0.0111%8h92.780−0.118%$23.5M$50.0M100xas long as short
Variational Omni CL−0.0109%4h92.750−0.151%$13.5M$10.7Mas long as short
Nado WTI-PERP−0.0103%1h92.927+0.040%$951K$598K10xas long as short
GRVT CL_USDT_Perp−0.0094%4h92.724−0.179%$74K$601K25xas long as short
edgeX CLUSDC−0.0091%4h92.745−0.156%$541K$343K30xas long as short
Bitget CLUSDT−0.0074%4h92.848−0.045%$42.1M$41.7M100xas long as short
Show all 36 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aftermath Perps WTIUSD−0.0070%1h92.8900.000%$1K$27K5xas long as short
OKX CL-USDT-SWAP−0.0043%4h92.840−0.054%$42.5M$102.6M50xas long as short
QFEX CL-USD−0.0026%1h92.8900.000%$2.3M$2.5M10xas long as short
tradeXYZ xyz:CL−0.0013%1h92.841−0.053%$184.3M$192.6M20xas long as short
dYdX WTI-USD0.0000%1h92.971+0.087%$8K$3K5xas long as short
Bybit CLUSDT0.0000%8h92.870−0.022%$27.4M$82.0M150xas long as short
RISEx CL/USDC0.0000%1h93.130+0.259%$3.0M$2.8M20xas long as short
Bullet WTIOIL-USDshort0.0000%1h92.842−0.052%$19K$239K10x
gTrade (Gains Network) WTI/USDL 0.0000% / S +0.0036%1h92.548−0.368%$5K150xas long as short
Phoenix WTIOIL+0.0009%1h92.750−0.151%$37K$39K20xas long as short
Coinbase International WTIOIL-PERP-INTX+0.0016%1h92.820−0.075%$412K$817K15xas long as short
Paradex CL-USD-PERP+0.0017%8h92.825−0.070%$16K$3675xas long as short
Lighter WTI+0.0032%1h92.881−0.010%$11.3M$8.9M20xas long as short
Extended WTI-USD+0.0032%1h92.860−0.032%$1.7M$14.2M10xas long as short
Ondo Perps WTI-USD.P+0.0036%1h92.840−0.054%$3.6M$5.2M20xas long as short
StandX CL-USD+0.0040%1h93.000+0.118%$732K$2.8M40xas long as short
Vest CL-PERPlong+0.0046%1h92.890long leg$313K10x
Polymarket Perps WTIOIL-USD+0.0050%1h92.895+0.005%$1.6M$1.2M20xas long as short
SoDEX CL-USD+0.0050%1h92.910+0.022%$2.1M$69K20xas long as short
Pacifica CL+0.0100%1h92.881−0.009%$346K$584K10xas long as short
KuCoin CLUSDTM+0.0100%4h92.888−0.002%$7.1M$2.5M50xas long as short
ApeX Omni CLUSDT+0.0100%1h92.770−0.129%$54K$266K50xas long as short
Aevo WTIOIL-PERP+0.0104%1h92.803−0.093%$4K10xas long as short
GMX WTIOIL/USD [ETH-USDC]L +0.0166% / S −0.0007%1h92.835−0.059%$80K111xas long as short
BloFin CL-USDT+0.0193%4h92.930+0.043%$4.1M$1.0M50xas long as short
Injective WTI/USDC PERP+0.0220%1h102.13+9.952%$19K$5K30xas long as short