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

CL

RWAall CL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC+0.0048%/8h= +5.3% APRnext payment +$0.06 per $10,000 · paid last 24h −0.002%
Price spread now: dYdX against Coinbase International+0.871%7-day average · you sell dearer than you buy
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 for this trade now. Funding pays +$1 a day on $10k at the current rate, and dYdX is 0.871% dearer against Coinbase International than usual: you sell high and buy low: +$87 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongCoinbase International WTIOIL-PERP-INTX92.030−0.0048get 0.0006% / 1h57m 44s$399K$956K15x
ShortdYdX WTI-USD92.8320get 0.0000% / 1h57m 44s$8K$3K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

dYdX against Coinbase International. 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
$10.08
Price spread: +0.871% → 0.000%
$87.1
Slippage, 4 orders
no order book: not counted
Fee Coinbase International: 5 bp × 2 orders
−$10
Fee dYdX: 5 bp × 2 orders
−$10
Net
$77.18
Costs to cover
0.200%
Break-even
from the start
Slippage unknown: Coinbase International: live order book, 51 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 Coinbase International live order book, 51 min ago1.63 bp6.9 bp −$78.9 bp −$89doesn'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−0.0719%1h92.760+0.793%$192K$358K15xas long as short
GRVT CL_USDT_Perp−0.0342%4h92.660+0.684%$58K$630K25xas long as short
Aster CLUSD1−0.0336%4h92.841+0.881%$24.0M$75.0M20xas long as short
Binance CLUSDT−0.0282%4h92.820+0.858%$244.9M$1.02B100xas long as short
Variational Omni CL−0.0273%4h92.659+0.683%$13.3M$11.4Mas long as short
Gate CL_USDT−0.0190%8h92.780+0.815%$21.2M$52.2M100xas long as short
tradeXYZ xyz:CL−0.0067%1h92.833+0.873%$186.5M$234.7M20xas long as short
Nado WTI-PERP−0.0065%1h92.837+0.877%$936K$696K10xas long as short
Coinbase International WTIOIL-PERP-INTXlong−0.0048%1h92.030long leg$399K$956K15x
Ondo Perps WTI-USD.P−0.0041%1h92.790+0.826%$3.5M$5.9M20xas long as short
Show all 36 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_WTIOILUSD−0.0038%1h92.833+0.872%$274K$906K25xas long as short
QFEX CL-USD−0.0033%1h92.750+0.782%$2.5M$1.7M10xas long as short
OKX CL-USDT-SWAP−0.0005%4h92.840+0.880%$43.0M$108.3M50xas long as short
dYdX WTI-USDshort0.0000%1h92.832+0.871%$8K$3K5x
Bybit CLUSDT0.0000%8h92.850+0.891%$26.5M$86.7M150xas long as short
Bitget CLUSDT0.0000%4h92.814+0.852%$42.3M$47.3M100xas long as short
Phoenix WTIOIL0.0000%1h92.740+0.771%$37K$51K20xas long as short
Bullet WTIOIL-USD0.0000%1h92.795+0.831%$19K$239K10xas long as short
gTrade (Gains Network) WTI/USDL 0.0000% / S +0.0036%1h92.389+0.390%$5K150xas long as short
Lighter WTI+0.0008%1h92.839+0.879%$11.2M$10.0M20xas long as short
Paradex CL-USD-PERP+0.0014%8h92.802+0.839%$16K$3675xas long as short
Extended WTI-USD+0.0016%1h92.860+0.902%$2.1M$25.5M10xas long as short
edgeX CLUSDC+0.0035%4h92.691+0.718%$533K$300K30xas long as short
RISEx CL/USDC+0.0037%1h92.939+0.988%$3.3M$2.7M20xas long as short
StandX CL-USD+0.0040%1h92.450+0.456%$723K$3.1M40xas long as short
Vest CL-PERP+0.0046%1h92.810+0.848%$310K10xas long as short
Polymarket Perps WTIOIL-USD+0.0050%1h92.790+0.826%$1.6M$1.4M20xas long as short
SoDEX CL-USD+0.0050%1h92.825+0.864%$2.1M$58K20xas long as short
KuCoin CLUSDTM+0.0076%4h92.830+0.869%$7.2M$2.3M50xas long as short
Pacifica CL+0.0100%1h92.839+0.879%$355K$605K10xas long as short
ApeX Omni CLUSDT+0.0100%1h92.780+0.815%$56K$265K50xas long as short
Aevo WTIOIL-PERP+0.0104%1h92.782+0.817%$4K10xas long as short
Aftermath Perps WTIUSD+0.0107%1h92.738+0.770%$2K$28K5xas long as short
GMX WTIOIL/USD [ETH-USDC]L +0.0207% / S −0.0131%1h92.815+0.853%$78K111xas long as short
Injective WTI/USDC PERP+0.0220%1h101.69+10.497%$19K$11K30xas long as short
BloFin CL-USDT+0.0237%4h92.680+0.706%$4.0M$1.2M50xas long as short