Funding you earn now, next payment 00:00 UTC−0.0060%/8h= −6.6% APRnext payment −$0.07 per $10,000 · paid last 24h −0.006%
Price spread now: Ondo Perps against Coinbase International+0.185%7-day average +0.059% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.306%+$31 on $10k
+Price spread, last 3 days (all we have)−0.145%−$14 · spread now +0.185%, 7d avg +0.059%
=Together, before fees+0.161%+ Points / potential airdropOndo Perps: Active · farm board+$16 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Ondo Perps is 0.126% dearer against Coinbase International than usual: you sell high and buy low (spread +0.185% now, against its 7-day average of +0.059%): +$13 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 7.0 days. Mind the row above: over the last 7 days funding on this pair paid +0.306%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Coinbase International WTIOIL-PERP-INTX | 92.030 | −0.0040 | get 0.0005% / 1h | 47m 32s | $399K | $960K | 15x |
| Short | Ondo Perps WTI-USD.P | 92.200 | −0.0100 | pay 0.0013% / 1h | 47m 32s | $3.5M | $6.2M | 20x |
Coinbase International WTIOIL-PERP-INTX
Ondo Perps WTI-USD.PFunding history
latest
Range statsloading…
Price spread between the two exchanges
Ondo Perps 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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$12.6
- Price spread: +0.185% → +0.059%
- $12.56
- Slippage, 4 orders
- no order book: not counted
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Net
- −$15.04
- Costs to cover
- 0.150%
- Break-even
- never at this rate
Slippage unknown: Coinbase International: live order book, 1 min ago; Ondo Perps: 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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Coinbase International live order book, 1 min ago | 1.63 bp | 6.9 bp −$7 | 8.9 bp −$89 | doesn't fit | doesn't fit |
| Sell Ondo Perps no order-book sample | — | — | — | — | — |
Ondo Perps: 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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT CL_USDT_Perp | −0.0532% | 4h | 92.209 | +0.194% | $58K | $693K | 25x | as long as short |
| Aster CLUSD1 | −0.0325% | 4h | 92.260 | +0.250% | $23.9M | $80.0M | 20x | as long as short |
| Gate CL_USDT | −0.0260% | 8h | 92.180 | +0.163% | $21.3M | $54.4M | 100x | as long as short |
| Binance CLUSDT | −0.0256% | 4h | 92.260 | +0.250% | $245.3M | $1.08B | 100x | as long as short |
| Variational Omni CL | −0.0236% | 4h | 92.101 | +0.077% | $13.2M | $12.7M | — | as long as short |
| Deribit WTIOIL_USDC-PERPETUAL | −0.0184% | 1h | 92.230 | +0.217% | $96K | $189K | 15x | as long as short |
| Kraken Futures PF_WTIOILUSD | −0.0120% | 1h | 92.230 | +0.218% | $273K | $1.2M | 25x | as long as short |
| Nado WTI-PERP | −0.0114% | 1h | 92.301 | +0.294% | $925K | $733K | 10x | as long as short |
| Ondo Perps WTI-USD.Pshort | −0.0100% | 1h | 92.200 | +0.185% | $3.5M | $6.2M | 20x | |
| Bybit CLUSDT | −0.0093% | 8h | 92.260 | +0.250% | $26.0M | $93.7M | 150x | as long as short |
GRVT CL_USDT_Perp
Aster CLUSD1
Gate CL_USDT
Binance CLUSDT
Variational Omni CL
Deribit WTIOIL_USDC-PERPETUAL
Kraken Futures PF_WTIOILUSD
Nado WTI-PERP
Bybit CLUSDTShow all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| tradeXYZ xyz:CL | −0.0053% | 1h | 92.273 | +0.264% | $186.3M | $261.7M | 20x | as long as short |
| Lighter WTI | −0.0040% | 1h | 92.254 | +0.243% | $11.2M | $10.0M | 20x | as long as short |
| Coinbase International WTIOIL-PERP-INTXlong | −0.0040% | 1h | 92.030 | long leg | $399K | $960K | 15x | |
| QFEX CL-USD | −0.0040% | 1h | 92.240 | +0.228% | $2.4M | $2.2M | 10x | as long as short |
| Paradex CL-USD-PERP | −0.0033% | 8h | 92.226 | +0.213% | $15K | $367 | 5x | as long as short |
| dYdX WTI-USD | 0.0000% | 1h | 92.235 | +0.223% | $8K | $3K | 5x | as long as short |
| OKX CL-USDT-SWAP | 0.0000% | 4h | 92.230 | +0.217% | $42.9M | $111.2M | 50x | as long as short |
| RISEx CL/USDC | 0.0000% | 1h | 92.361 | +0.359% | $3.3M | $2.7M | 20x | as long as short |
| Bitget CLUSDT | 0.0000% | 4h | 92.248 | +0.237% | $41.9M | $51.4M | 100x | as long as short |
| Phoenix WTIOIL | 0.0000% | 1h | 92.210 | +0.196% | $37K | $66K | 20x | as long as short |
| Bullet WTIOIL-USD | 0.0000% | 1h | 92.255 | +0.245% | $18K | $241K | 10x | as long as short |
| gTrade (Gains Network) WTI/USD | L 0.0000% / S +0.0036% | 1h | 91.813 | −0.236% | $5K | — | 150x | as long as short |
| edgeX CLUSDC | +0.0020% | 4h | 92.197 | +0.181% | $530K | $307K | 30x | as long as short |
| Extended WTI-USD | +0.0032% | 1h | 92.290 | +0.283% | $2.0M | $26.9M | 10x | as long as short |
| StandX CL-USD | +0.0040% | 1h | 92.160 | +0.141% | $721K | $3.1M | 40x | as long as short |
| Vest CL-PERP | +0.0046% | 1h | 92.280 | +0.272% | — | $310K | 10x | as long as short |
| Polymarket Perps WTIOIL-USD | +0.0050% | 1h | 92.262 | +0.252% | $1.6M | $1.4M | 20x | as long as short |
| SoDEX CL-USD | +0.0050% | 1h | 92.211 | +0.197% | $2.0M | $39K | 20x | as long as short |
| Pacifica CL | +0.0100% | 1h | 92.256 | +0.246% | $353K | $596K | 10x | as long as short |
| KuCoin CLUSDTM | +0.0100% | 4h | 92.257 | +0.247% | $7.2M | $2.3M | 50x | as long as short |
| ApeX Omni CLUSDT | +0.0100% | 1h | 92.180 | +0.163% | $56K | $265K | 50x | as long as short |
| Aevo WTIOIL-PERP | +0.0104% | 1h | 92.195 | +0.179% | $4K | — | 10x | as long as short |
| GMX WTIOIL/USD [ETH-USDC] | L +0.0206% / S −0.0131% | 1h | 92.255 | +0.244% | $78K | — | 111x | as long as short |
| Injective WTI/USDC PERP | +0.0220% | 1h | 101.38 | +10.162% | $19K | $11K | 30x | as long as short |
| BloFin CL-USDT | +0.0240% | 4h | 92.180 | +0.163% | $4.0M | $1.4M | 50x | as long as short |
| Aftermath Perps WTIUSD | +0.0397% | 1h | 92.209 | +0.195% | $2K | $29K | 5x | as long as short |
tradeXYZ xyz:CL
Lighter WTI
QFEX CL-USD
Paradex CL-USD-PERP
dYdX WTI-USD
OKX CL-USDT-SWAP
RISEx CL/USDC
Bitget CLUSDT
Phoenix WTIOIL
Bullet WTIOIL-USD
gTrade (Gains Network) WTI/USD
edgeX CLUSDC
Extended WTI-USD
StandX CL-USD
Vest CL-PERP
Polymarket Perps WTIOIL-USD
SoDEX CL-USD
Pacifica CL
KuCoin CLUSDTM
ApeX Omni CLUSDT
Aevo WTIOIL-PERP
GMX WTIOIL/USD [ETH-USDC]
Injective WTI/USDC PERP
BloFin CL-USDT
Aftermath Perps WTIUSD