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

CL

RWAall CL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC−0.0097%/8h= −10.6% APRnext payment $0.12 per $10,000 · paid last 24h −0.026%
Price spread now: tradeXYZ against Vest−0.016%7-day average +0.880% · 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)−0.003%$0 on $10k
Price spread, last 4 days (all we have)−0.021%−$2 · spread now −0.016%, 7d avg +0.880%
Together, before fees−0.024%+ Points / potential airdropVest: Active · tradeXYZ: Active · farm board−$2 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 tradeXYZ is 0.897% cheaper against Vest than usual: you would sell low and buy high (−$90 if the spread goes back to its 7-day average of +0.880%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVest CL-PERP92.9100.0046pay 0.0006% / 1h48m 14s$310K10x
ShorttradeXYZ xyz:CL92.895−0.0052pay 0.0006% / 1h48m 14s$184.8M$218.5M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

tradeXYZ 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
−$20.41
Price spread: −0.016% → +0.880%
−$89.66
Slippage, 4 orders
no order book: not counted
Fee Vest: 1 bp × 2 orders
−$2
Fee tradeXYZ: 9 bp × 2 orders
−$18
Net
−$130.07
Costs to cover
0.200%
Break-even
never at this rate
Slippage unknown: Vest: no order-book sample; tradeXYZ: live order book, 12 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 tradeXYZ live order book, 12 min ago0.05 bp10.0 bp −$1010.6 bp −$106doesn'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 35 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−0.0718%1h92.850−0.065%$198K$369K15xas long as short
Aster CLUSD1−0.0238%4h92.898−0.013%$24.0M$70.3M20xas long as short
GRVT CL_USDT_Perp−0.0208%4h92.953+0.046%$61K$633K25xas long as short
Binance CLUSDT−0.0206%4h92.885−0.027%$244.6M$957.4M100xas long as short
Variational Omni CL−0.0200%4h92.927+0.018%$13.5M$11.1Mas long as short
Ondo Perps WTI-USD.P−0.0138%1h92.820−0.097%$3.5M$5.7M20xas long as short
Nado WTI-PERP−0.0125%1h92.945+0.037%$962K$668K10xas long as short
Gate CL_USDT−0.0099%8h92.840−0.075%$20.9M$52.2M100xas long as short
tradeXYZ xyz:CLshort−0.0052%1h92.895−0.016%$184.8M$218.5M20x
Coinbase International WTIOIL-PERP-INTX−0.0040%1h92.750−0.172%$402K$944K15xas long as short
Show all 35 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
QFEX CL-USD−0.0032%1h92.860−0.054%$2.5M$1.7M10xas long as short
Aftermath Perps WTIUSD−0.0021%1h92.889−0.023%$2K$28K5xas long as short
OKX CL-USDT-SWAP−0.0012%4h92.890−0.022%$42.8M$102.5M50xas long as short
edgeX CLUSDC−0.0008%4h92.823−0.094%$529K$302K30xas long as short
dYdX WTI-USD0.0000%1h92.917+0.007%$8K$3K5xas long as short
Bybit CLUSDT0.0000%8h92.908−0.002%$26.9M$81.0M150xas long as short
Bitget CLUSDT0.0000%4h92.879−0.033%$41.9M$43.4M100xas long as short
Phoenix WTIOIL0.0000%1h92.880−0.032%$37K$42K20xas long as short
Bullet WTIOIL-USD0.0000%1h92.890−0.022%$18K$242K10xas long as short
gTrade (Gains Network) WTI/USDL 0.0000% / S +0.0036%1h92.454−0.491%$5K150xas long as short
Lighter WTI+0.0008%1h92.897−0.014%$11.2M$10.3M20xas long as short
Extended WTI-USD+0.0032%1h92.935+0.027%$2.1M$23.3M10xas long as short
Paradex CL-USD-PERP+0.0034%8h92.865−0.048%$16K$3675xas long as short
StandX CL-USD+0.0040%1h92.440−0.506%$727K$2.9M40xas long as short
Vest CL-PERPlong+0.0046%1h92.910long leg$310K10x
Polymarket Perps WTIOIL-USD+0.0050%1h92.897−0.014%$1.6M$1.3M20xas long as short
SoDEX CL-USD+0.0050%1h92.885−0.027%$2.1M$61K20xas long as short
RISEx CL/USDC+0.0066%1h92.999+0.095%$3.3M$2.7M20xas long as short
KuCoin CLUSDTM+0.0072%4h92.895−0.016%$7.3M$2.3M50xas long as short
Pacifica CL+0.0100%1h92.887−0.025%$332K$618K10xas long as short
ApeX Omni CLUSDT+0.0100%1h92.940+0.032%$56K$266K50xas long as short
Aevo WTIOIL-PERP+0.0104%1h92.854−0.061%$4K10xas long as short
Kraken Futures PF_WTIOILUSD+0.0105%1h92.886−0.026%$273K$881K25xas long as short
GMX WTIOIL/USD [ETH-USDC]L +0.0207% / S −0.0131%1h92.885−0.027%$78K111xas long as short
Injective WTI/USDC PERP+0.0220%1h102.15+9.942%$19K$11K30xas long as short