data as of
Settings8H · net · $10k
Funding arb /

CL

RWAall CL markets
SwapPrice view
Alert
Funding spread now, next payment 16:00 UTC+0.0035%/8h
paid, last 24h+0.002%paid, last 7 days+0.379%to open and close $10k−$33
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit CLUSDT91.3000get 0.0000% / 8h7h 41m$24.8M$91.1M150x
ShortPhoenix WTIOIL91.6300.0035get 0.0004% / 1h41m 02s$33K$267K20x

Funding history

latest
Range statsloading…

Funding on every exchange

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latest

Profit calculator

Funding earned
$7.28
Slippage, 4 orders
−$14.68
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee Phoenix: 3.5 bp × 2 orders
−$7
Net
−$25.4
Break-even
31.4 days
Slippage from Bybit: live order book, 4 min ago; Phoenix: live order book, 33 min ago.

Price risk

price view
Price gap now
+0.361%
Avg gap 7d
+0.037%
A gap far from its average can cost days of funding.

Backtest

opened in the past, held until now, after costs
Backtest 7 daysBacktest 30 daysBacktest 90 daysopens the backtester with this pair and $10,000 a leg

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Bybit live order book, 4 min ago0.55 bp6.0 bp −$67.7 bp −$7718.0 bp −$1,804116.0 bp −$58.0K
Sell Phoenix live order book, 33 min ago3.26 bp10.0 bp −$1019.2 bp −$192doesn't fitdoesn't fit

CL on 35 venues

lowest funding first. Swap a leg.
ExchangeFunding /8hEveryOIVol 24hMax lev
edgeX CLUSDC−0.0100%4h$517K$336K30xas long as short
Deribit WTIOIL_USDC-PERPETUAL−0.0078%1h$95K$458K15xas long as short
Aftermath Perps WTIUSD−0.0053%1h$2K$36K5xas long as short
Lighter WTI−0.0040%1h$10.9M$11.9M20xas long as short
Kraken Futures PF_WTIOILUSD−0.0038%1h$296K$1.2M25xas long as short
StandX CL-USD−0.0026%1h$721K$2.1M40xas long as short
tradeXYZ xyz:CL−0.0020%1h$182.5M$258.6M20xas long as short
QFEX CL-USD−0.0016%1h$2.3M$2.8M10xas long as short
Nado WTI-PERP−0.0010%1h$804K$766K10xas long as short
Aster CLUSD10.0000%4h$24.7M$62.9M20xas long as short
Show all 35 venues
ExchangeFunding /8hEveryOIVol 24hMax lev
dYdX WTI-USD0.0000%1h$5K$1265xas long as short
Binance CLUSDT0.0000%4h$246.1M$983.0M100xas long as short
Bybit CLUSDTlong0.0000%8h$24.8M$91.1M150x
OKX CL-USDT-SWAP0.0000%4h$43.3M$103.6M50xas long as short
RISEx CL/USDC0.0000%1h$3.0M$2.4M20xas long as short
Gate CL_USDT0.0000%8h$21.1M$57.9M100xas long as short
Bitget CLUSDT0.0000%4h$42.7M$59.6M100xas long as short
Variational Omni CL0.0000%4h$12.5M$17.2Mas long as short
Bullet WTIOIL-USD0.0000%1h$19K$247K10xas long as short
gTrade (Gains Network) WTI/USDL 0.0000% / S +0.0036%1h$4K150xas long as short
Coinbase International WTIOIL-PERP-INTX+0.0016%1h$373K$941K15xas long as short
Extended WTI-USD+0.0032%1h$2.1M$30.5M10xas long as short
Injective WTI/USDC PERP+0.0033%1h$18K$14K30xas long as short
Phoenix WTIOILshort+0.0035%1h$33K$267K20x
Paradex CL-USD-PERP+0.0039%8h$15K5xas long as short
Vest CL-PERP+0.0046%1h$86K10xas long as short
Polymarket Perps WTIOIL-USD+0.0050%1h$1.6M$1.5M20xas long as short
SoDEX CL-USD+0.0050%1h$2.0M$33K20xas long as short
Ondo Perps WTI-USD.P+0.0050%1h$3.4M$5.8M20xas long as short
Pacifica CL+0.0100%1h$345K$344K10xas long as short
KuCoin CLUSDTM+0.0100%4h$7.5M$856K50xas long as short
ApeX Omni CLUSDT+0.0100%1h$55K$271K50xas long as short
Aevo WTIOIL-PERP+0.0104%1h$4K$4910xas long as short
GMX WTIOIL/USD [ETH-USDC]L +0.0221% / S −0.0150%1h$82K111xas long as short
BloFin CL-USDT+0.0240%4h$4.2M$1.4M50xas long as short