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

CL

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Checked every minute; it has to hold two checks in a row. Delivery to Telegram comes later, so for now alerts appear on the alerts page.

Funding spread now, next payment 18:00 UTC−0.0007%/8h
next payment, per $10,000−$0.01paid, last 24h+0.010%paid, last 7 days+0.374%to open and close $10k−$36
Long on Coinbase InternationalShort on Phoenix
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongCoinbase International WTIOIL-PERP-INTX92.3400.0016pay 0.0002% / 1h0m 08s$389K$1.1M15x
ShortPhoenix WTIOIL92.5000.0009get 0.0001% / 1h0m 08s$33K$271K20x

Funding history

latest
Range statsloading…

Funding on every exchange

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latest

Profit calculator

Funding earned
−$1.54
Slippage, 4 orders
−$18.57
Fee Coinbase International: 5 bp × 2 orders
−$10
Fee Phoenix: 3.5 bp × 2 orders
−$7
Net
−$37.11
Break-even
never at this rate
Slippage from Coinbase International: live order book, 5 min ago; Phoenix: live order book, 65 min ago.

Price risk

price view
Price gap now
+0.173%
Avg gap 7d
+0.133%
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 Coinbase International live order book, 5 min ago2.70 bp7.7 bp −$810.1 bp −$101doesn't fitdoesn't fit
Sell Phoenix live order book, 65 min ago3.26 bp10.0 bp −$1020.3 bp −$203doesn't fitdoesn't fit

CL on 35 venues

lowest funding first. Swap a leg.
ExchangeFunding /8hEveryOIVol 24hMax lev
Deribit WTIOIL_USDC-PERPETUAL−0.0074%1h$96K$465K15xas long as short
Aster CLUSD1−0.0069%4h$25.0M$70.6M20xas long as short
Aftermath Perps WTIUSD−0.0066%1h$2K$34K5xas long as short
Binance CLUSDT−0.0052%4h$244.9M$1.04B100xas long as short
gTrade (Gains Network) WTI/USDL −0.0038% / S +0.0036%1h$179K—150xas long as short
Variational Omni CL−0.0035%4h$13.6M$17.1M—as long as short
QFEX CL-USD−0.0022%1h$2.4M$2.8M10xas long as short
Ondo Perps WTI-USD.P−0.0016%1h$3.5M$6.2M20xas long as short
dYdX WTI-USD0.0000%1h$8K$3K5xas long as short
Bybit CLUSDT0.0000%8h$25.2M$95.3M150xas long as short
Show all 35 venues
ExchangeFunding /8hEveryOIVol 24hMax lev
OKX CL-USDT-SWAP0.0000%4h$43.4M$111.7M50xas long as short
RISEx CL/USDC0.0000%1h$3.1M$2.6M20xas long as short
Gate CL_USDT0.0000%8h$21.1M$61.8M100xas long as short
Bitget CLUSDT0.0000%4h$42.6M$63.3M100xas long as short
Bullet WTIOIL-USD0.0000%1h$18K$248K10xas long as short
Nado WTI-PERP+0.0002%1h$832K$738K10xas long as short
Lighter WTI+0.0008%1h$11.2M$12.8M20xas long as short
Phoenix WTIOILshort+0.0009%1h$33K$271K20x
Coinbase International WTIOIL-PERP-INTXlong+0.0016%1h$389K$1.1M15x
Extended WTI-USD+0.0032%1h$1.9M$29.8M10xas long as short
Injective WTI/USDC PERP+0.0033%1h$18K$14K30xas long as short
Paradex CL-USD-PERP+0.0037%8h$15K$3675xas long as short
StandX CL-USD+0.0040%1h$727K$2.5M40xas long as short
edgeX CLUSDC+0.0042%4h$532K$352K30xas long as short
Vest CL-PERP+0.0046%1h—$243K10xas long as short
tradeXYZ xyz:CL+0.0050%1h$186.0M$281.5M20xas long as short
Polymarket Perps WTIOIL-USD+0.0050%1h$1.6M$1.2M20xas long as short
SoDEX CL-USD+0.0050%1h$2.0M$45K20xas long as short
Kraken Futures PF_WTIOILUSD+0.0064%1h$259K$1.3M25xas long as short
Pacifica CL+0.0100%1h$312K$537K10xas long as short
KuCoin CLUSDTM+0.0100%4h$7.6M$1.1M50xas long as short
ApeX Omni CLUSDT+0.0100%1h$56K$271K50xas long as short
Aevo WTIOIL-PERP+0.0104%1h$4K$4910xas long as short
GMX WTIOIL/USD [ETH-USDC]L +0.0130% / S +0.0031%1h$79K—111xas long as short
BloFin CL-USDT+0.0240%4h$4.1M$1.5M50xas long as short