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−0.0107%/8h= −11.7% APRnext payment $0.13 per $10,000 · paid last 24h −0.029%
Price spread now: Kraken Futures against Vest−0.016%7-day average +0.876% · 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)+0.013%+$1 on $10k
Price spread, last 4 days (all we have)+0.079%+$8 · spread now −0.016%, 7d avg +0.876%
Together, before fees+0.093%+ Points / potential airdropVest: Active · farm board+$9 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Kraken Futures is 0.891% cheaper against Vest than usual: you would sell low and buy high (−$89 if the spread goes back to its 7-day average of +0.876%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVest CL-PERP93.2100.0046pay 0.0006% / 1h45m 45s$313K10x
ShortKraken Futures PF_WTIOILUSD93.195−0.0061pay 0.0008% / 1h45m 45s$268K$946K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Kraken Futures 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
−$22.39
Price spread: −0.016% → +0.876%
−$89.14
Slippage, 4 orders
no order book: not counted
Fee Vest: 1 bp × 2 orders
−$2
Fee Kraken Futures: 5 bp × 2 orders
−$10
Net
−$123.53
Costs to cover
0.120%
Break-even
never at this rate
Slippage unknown: Vest: no order-book sample; Kraken Futures: live order book, 13 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 Kraken Futures live order book, 13 min ago2.42 bp7.7 bp −$821.9 bp −$219doesn'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−0.0501%1h93.170−0.043%$199K$370K15xas long as short
Aster CLUSD1−0.0260%4h93.239+0.031%$24.1M$67.0M20xas long as short
GRVT CL_USDT_Perp−0.0192%4h93.168−0.045%$54K$658K25xas long as short
Binance CLUSDT−0.0171%4h93.200−0.011%$245.4M$943.1M100xas long as short
Variational Omni CL−0.0160%4h93.169−0.044%$13.4M$10.8Mas long as short
Nado WTI-PERP−0.0125%1h93.244+0.037%$965K$645K10xas long as short
Bitget CLUSDT−0.0122%4h93.200−0.011%$42.0M$43.3M100xas long as short
Ondo Perps WTI-USD.P−0.0117%1h93.150−0.064%$3.5M$5.3M20xas long as short
Aftermath Perps WTIUSD−0.0110%1h93.162−0.052%$2K$27K5xas long as short
Kraken Futures PF_WTIOILUSDshort−0.0061%1h93.195−0.016%$268K$946K25x
Show all 36 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate CL_USDT−0.0049%8h93.150−0.064%$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%4h93.2100.000%$42.7M$102.9M50xas long as short
QFEX CL-USD−0.0033%1h93.180−0.032%$2.3M$1.8M10xas long as short
edgeX CLUSDC−0.0019%4h93.176−0.036%$524K$307K30xas long as short
KuCoin CLUSDTM−0.0012%4h93.231+0.023%$7.1M$2.4M50xas long as short
Phoenix WTIOIL−0.0009%1h93.220+0.011%$37K$41K20xas long as short
dYdX WTI-USD0.0000%1h93.272+0.067%$8K$3K5xas long as short
Bybit CLUSDT0.0000%8h93.230+0.021%$27.0M$80.9M150xas long as short
RISEx CL/USDC0.0000%1h93.268+0.062%$3.1M$2.9M20xas long as short
Bullet WTIOIL-USD0.0000%1h93.173−0.040%$19K$242K10xas long as short
gTrade (Gains Network) WTI/USDL 0.0000% / S +0.0036%1h92.734−0.511%$5K150xas long as short
tradeXYZ xyz:CL+0.0001%1h93.219+0.010%$184.6M$218.9M20xas long as short
Paradex CL-USD-PERP+0.0015%8h93.201−0.010%$16K$3675xas long as short
Lighter WTI+0.0032%1h93.213+0.003%$11.2M$10.3M20xas long as short
Extended WTI-USD+0.0032%1h93.250+0.043%$2.0M$19.5M10xas long as short
StandX CL-USD+0.0040%1h93.170−0.043%$736K$2.9M40xas long as short
Vest CL-PERPlong+0.0046%1h93.210long leg$313K10x
Polymarket Perps WTIOIL-USD+0.0050%1h93.193−0.018%$1.7M$1.3M20xas long as short
SoDEX CL-USD+0.0050%1h93.195−0.016%$2.1M$60K20xas long as short
Pacifica CL+0.0100%1h93.215+0.005%$331K$597K10xas long as short
ApeX Omni CLUSDT+0.0100%1h93.260+0.054%$56K$266K50xas long as short
Aevo WTIOIL-PERP+0.0104%1h93.171−0.042%$4K10xas long as short
BloFin CL-USDT+0.0204%4h93.2100.000%$4.0M$1.0M50xas long as short
GMX WTIOIL/USD [ETH-USDC]L +0.0219% / S −0.0147%1h93.165−0.048%$81K111xas long as short
Injective WTI/USDC PERP+0.0220%1h102.17+9.608%$19K$11K30xas long as short