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

CL

RWAall CL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC+0.0062%/8h= +6.8% APRnext payment +$0.08 per $10,000 · paid last 24h +0.014%
Price spread now: Vest against Coinbase International−0.342%7-day average −0.724% · 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 4 days (all we have)+0.153%+$15 on $10k
Price spread, last 4 days (all we have)−0.086%−$9 · spread now −0.342%, 7d avg −0.724%
Together, before fees+0.067%+ Points / potential airdropVest: Active · farm board+$7 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Vest is 0.382% dearer against Coinbase International than usual: you sell high and buy low: +$38 more if the spread goes back to its 7-day average of −0.724%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongCoinbase International WTIOIL-PERP-INTX93.540−0.0016get 0.0002% / 1h7m 56s$405K$810K15x
ShortVest CL-PERP93.2200.0046get 0.0006% / 1h7m 56s$313K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Vest 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
$12.95
Price spread: −0.342% → −0.724%
$38.15
Slippage, 4 orders
no order book: not counted
Fee Coinbase International: 5 bp × 2 orders
−$10
Fee Vest: 1 bp × 2 orders
−$2
Net
$39.11
Costs to cover
0.120%
Break-even
from the start
Slippage unknown: Coinbase International: live order book, 5 min ago; Vest: 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, 5 min ago1.08 bp6.6 bp −$79.3 bp −$93doesn't fitdoesn't fit
Sell Vest no order-book sample
Vest: 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−0.0393%1h93.250−0.310%$195K$397K15xas long as short
Aster CLUSD1−0.0259%4h93.315−0.241%$24.8M$62.7M20xas long as short
GRVT CL_USDT_Perp−0.0230%4h93.059−0.515%$77K$622K25xas long as short
Kraken Futures PF_WTIOILUSD−0.0209%1h93.289−0.268%$277K$930K25xas long as short
Binance CLUSDT−0.0143%4h93.280−0.278%$247.6M$922.5M100xas long as short
Gate CL_USDT−0.0137%8h93.200−0.363%$23.2M$50.6M100xas long as short
Variational Omni CL−0.0136%4h93.053−0.520%$13.5M$10.6Mas long as short
Nado WTI-PERP−0.0110%1h93.268−0.291%$955K$614K10xas long as short
Bitget CLUSDT−0.0106%4h93.268−0.291%$42.3M$41.5M100xas long as short
edgeX CLUSDC−0.0089%4h93.053−0.521%$523K$304K30xas long as short
Show all 36 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aftermath Perps WTIUSD−0.0087%1h93.096−0.474%$1K$26K5xas long as short
OKX CL-USDT-SWAP−0.0075%4h93.280−0.278%$42.7M$103.3M50xas long as short
QFEX CL-USD−0.0038%1h93.190−0.374%$2.3M$2.4M10xas long as short
Coinbase International WTIOIL-PERP-INTXlong−0.0016%1h93.540long leg$405K$810K15x
tradeXYZ xyz:CL−0.0015%1h93.246−0.314%$184.5M$196.4M20xas long as short
Lighter WTI−0.0008%1h93.234−0.327%$11.2M$9.2M20xas long as short
Ondo Perps WTI-USD.P−0.0006%1h93.170−0.396%$3.6M$5.3M20xas long as short
dYdX WTI-USD0.0000%1h93.288−0.269%$8K$3K5xas long as short
Bybit CLUSDT0.0000%8h93.298−0.259%$27.0M$79.7M150xas long as short
RISEx CL/USDC0.0000%1h93.263−0.296%$3.0M$2.8M20xas long as short
Phoenix WTIOIL0.0000%1h92.950−0.631%$37K$40K20xas long as short
Bullet WTIOIL-USD0.0000%1h93.266−0.293%$18K$240K10xas long as short
gTrade (Gains Network) WTI/USDL 0.0000% / S +0.0036%1h92.814−0.776%$5K150xas long as short
Paradex CL-USD-PERP+0.0009%8h93.209−0.354%$16K$3675xas long as short
Extended WTI-USD+0.0032%1h93.280−0.278%$1.7M$15.0M10xas long as short
StandX CL-USD+0.0040%1h93.120−0.449%$738K$2.8M40xas long as short
Vest CL-PERPshort+0.0046%1h93.220−0.342%$313K10x
Polymarket Perps WTIOIL-USD+0.0050%1h93.257−0.303%$1.7M$1.3M20xas long as short
SoDEX CL-USD+0.0050%1h93.275−0.283%$2.1M$62K20xas long as short
Pacifica CL+0.0100%1h93.236−0.325%$347K$589K10xas long as short
KuCoin CLUSDTM+0.0100%4h93.269−0.290%$7.1M$2.4M50xas long as short
ApeX Omni CLUSDT+0.0100%1h93.120−0.449%$54K$266K50xas long as short
Aevo WTIOIL-PERP+0.0104%1h93.247−0.313%$4K10xas long as short
BloFin CL-USDT+0.0162%4h93.070−0.502%$4.0M$983K50xas long as short
Injective WTI/USDC PERP+0.0220%1h102.13+9.188%$19K$11K30xas long as short
GMX WTIOIL/USD [ETH-USDC]L +0.0260% / S −0.0207%1h93.265−0.294%$84K111xas long as short