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

CL

RWAall CL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC−0.0100%/8h= −10.9% APRnext payment $0.13 per $10,000 · paid last 24h −0.030%
Price spread now: dYdX against ApeX Omni−0.093%7-day average · 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 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and dYdX is 0.093% cheaper against ApeX Omni than usual: you would sell low and buy high (−$9 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongApeX Omni CLUSDT92.8400.0100pay 0.0013% / 1h35m 27s$56K$265K50x
ShortdYdX WTI-USD92.7540get 0.0000% / 1h35m 27s$8K$3K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

dYdX against ApeX Omni. 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
−$21
Price spread: −0.093% → 0.000%
−$9.3
Slippage, 4 orders
no order book: not counted
Fee ApeX Omni: 5 bp × 2 orders
−$10
Fee dYdX: 5 bp × 2 orders
−$10
Net
−$50.3
Costs to cover
0.200%
Break-even
never at this rate
Slippage unknown: ApeX Omni: live order book, 31 min ago; dYdX: no order-book sample. 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 ApeX Omni live order book, 31 min ago8.63 bp19.3 bp −$19176.9 bp −$1,769doesn't fitdoesn't fit
Sell dYdX no order-book sample
dYdX: 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−0.0612%1h92.740−0.108%$198K$366K15xas long as short
Aster CLUSD1−0.0329%4h92.780−0.065%$23.9M$74.4M20xas long as short
GRVT CL_USDT_Perp−0.0296%4h92.686−0.166%$50K$633K25xas long as short
Binance CLUSDT−0.0272%4h92.760−0.086%$244.3M$990.1M100xas long as short
Variational Omni CL−0.0265%4h92.761−0.085%$13.3M$11.1Mas long as short
Gate CL_USDT−0.0153%8h92.710−0.140%$20.9M$53.1M100xas long as short
tradeXYZ xyz:CL−0.0068%1h92.771−0.074%$185.0M$221.7M20xas long as short
Ondo Perps WTI-USD.P−0.0065%1h92.730−0.118%$3.5M$5.7M20xas long as short
Coinbase International WTIOIL-PERP-INTX−0.0048%1h92.030−0.872%$399K$939K15xas long as short
Nado WTI-PERP−0.0039%1h92.810−0.032%$936K$676K10xas long as short
Show all 36 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_WTIOILUSD−0.0038%1h92.800−0.043%$275K$870K25xas long as short
QFEX CL-USD−0.0033%1h92.740−0.108%$2.5M$1.7M10xas long as short
OKX CL-USDT-SWAP−0.0010%4h92.750−0.097%$42.8M$106.0M50xas long as short
dYdX WTI-USDshort0.0000%1h92.754−0.093%$8K$3K5x
Bybit CLUSDT0.0000%8h92.770−0.075%$26.3M$82.9M150xas long as short
Bitget CLUSDT0.0000%4h92.764−0.082%$41.9M$45.8M100xas long as short
Phoenix WTIOIL0.0000%1h92.820−0.022%$37K$51K20xas long as short
Bullet WTIOIL-USD0.0000%1h92.775−0.070%$18K$240K10xas long as short
gTrade (Gains Network) WTI/USDL 0.0000% / S +0.0036%1h92.309−0.572%$5K150xas long as short
edgeX CLUSDC+0.0018%4h92.721−0.128%$533K$297K30xas long as short
Paradex CL-USD-PERP+0.0024%8h92.755−0.091%$16K$3675xas long as short
Extended WTI-USD+0.0024%1h92.800−0.043%$2.1M$25.0M10xas long as short
Lighter WTI+0.0032%1h92.760−0.086%$11.2M$10.2M20xas long as short
Aftermath Perps WTIUSD+0.0034%1h92.757−0.089%$2K$28K5xas long as short
RISEx CL/USDC+0.0037%1h92.887+0.050%$3.3M$2.7M20xas long as short
StandX CL-USD+0.0040%1h92.350−0.528%$726K$3.0M40xas long as short
Vest CL-PERP+0.0046%1h92.800−0.043%$310K10xas long as short
Polymarket Perps WTIOIL-USD+0.0050%1h92.775−0.070%$1.6M$1.3M20xas long as short
SoDEX CL-USD+0.0050%1h92.779−0.066%$2.1M$61K20xas long as short
KuCoin CLUSDTM+0.0068%4h92.800−0.043%$7.2M$2.3M50xas long as short
Pacifica CL+0.0100%1h92.763−0.083%$331K$616K10xas long as short
ApeX Omni CLUSDTlong+0.0100%1h92.840long leg$56K$265K50x
Aevo WTIOIL-PERP+0.0104%1h92.717−0.133%$4K10xas long as short
GMX WTIOIL/USD [ETH-USDC]L +0.0207% / S −0.0131%1h92.755−0.092%$78K111xas long as short
Injective WTI/USDC PERP+0.0220%1h101.83+9.687%$19K$11K30xas long as short
BloFin CL-USDT+0.0228%4h92.730−0.118%$4.0M$1.2M50xas long as short