Funding you earn now, next payment 10:00 UTC−0.0365%/8h= −40.0% APRnext payment −$0.46 per $10,000 · paid last 24h −0.025%
Price spread now: Kraken Futures against dYdX+0.343%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 6 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
The price spread pays, funding is against you. Kraken Futures is 0.343% dearer against dYdX than usual: you sell high and buy low (spread +0.343% now, against zero (this spread has no 7-day history yet)): +$34 on $10k if it goes back. Holding the pair costs −$11 a day in funding at the current rate, which eats that in about 3.1 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | dYdX WTI-USD | 90.170 | 0 | get 0.0000% / 1h | 2m 45s | $8K | $3K | 5x |
| Short | Kraken Futures PF_WTIOILUSD | 90.479 | −0.0365 | pay 0.0046% / 1h | 2m 45s | $456K | $1.5M | 25x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures against dYdX. 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
- −$76.72
- Price spread: +0.343% → 0.000%
- $34.31
- Slippage, 4 orders
- no order book: not counted
- Fee dYdX: 5 bp × 2 orders
- −$10
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$62.41
- Costs to cover
- 0.200%
- Break-even
- from the start
Slippage unknown: dYdX: no order-book sample; Kraken Futures: live order book, 4 min ago. 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 dYdX no order-book sample | — | — | — | — | — |
| Sell Kraken Futures live order book, 4 min ago | 4.34 bp | 14.4 bp −$14 | 25.9 bp −$259 | doesn't fit | doesn't fit |
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 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit WTIOIL_USDC-PERPETUAL | −0.0965% | 1h | 90.440 | +0.300% | $183K | $423K | 15x | as long as short |
| Kraken Futures PF_WTIOILUSDshort | −0.0365% | 1h | 90.479 | +0.343% | $456K | $1.5M | 25x | |
| Aster CLUSD1 | −0.0148% | 4h | 90.348 | +0.198% | $24.8M | $69.8M | 20x | as long as short |
| Bitget CLUSDT | −0.0104% | 4h | 90.111 | −0.065% | $41.2M | $53.8M | 100x | as long as short |
| Binance CLUSDT | −0.0100% | 4h | 90.340 | +0.189% | $242.1M | $1.17B | 100x | as long as short |
| Variational Omni CL | −0.0085% | 4h | 89.884 | −0.317% | $12.7M | $11.2M | — | as long as short |
| Ondo Perps WTI-USD.P | −0.0081% | 1h | 90.600 | +0.477% | $3.4M | $5.9M | 20x | as long as short |
| tradeXYZ xyz:CL | −0.0078% | 1h | 90.136 | −0.037% | $173.9M | $235.6M | 20x | as long as short |
| Nado WTI-PERP | −0.0077% | 1h | 90.681 | +0.567% | $879K | $676K | 10x | as long as short |
| Extended WTI-USD | −0.0064% | 1h | 90.180 | +0.011% | $1.3M | $14.8M | 10x | as long as short |
Show all 36 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT CL_USDT_Perp | −0.0060% | 4h | 90.241 | +0.080% | $74K | $628K | 25x | as long as short |
| Gate CL_USDT | −0.0051% | 8h | 90.160 | −0.011% | $23.4M | $55.9M | 100x | as long as short |
| Aftermath Perps WTIUSD | −0.0046% | 1h | 90.377 | +0.230% | $2K | $27K | 5x | as long as short |
| OKX CL-USDT-SWAP | −0.0035% | 4h | 90.410 | +0.267% | $40.4M | $126.5M | 50x | as long as short |
| QFEX CL-USD | −0.0023% | 1h | 90.640 | +0.522% | $2.2M | $2.8M | 10x | as long as short |
| edgeX CLUSDC | −0.0017% | 4h | 89.916 | −0.281% | $503K | $379K | 30x | as long as short |
| gTrade (Gains Network) WTI/USD | L −0.0001% / S +0.0036% | 1h | 89.941 | −0.254% | $1K | — | 150x | as long as short |
| dYdX WTI-USDlong | 0.0000% | 1h | 90.170 | long leg | $8K | $3K | 5x | |
| Bybit CLUSDT | 0.0000% | 8h | 90.340 | +0.189% | $27.3M | $103.8M | 150x | as long as short |
| RISEx CL/USDC | 0.0000% | 1h | 90.231 | +0.068% | $2.9M | $3.0M | 20x | as long as short |
| Bullet WTIOIL-USD | 0.0000% | 1h | 90.621 | +0.501% | $16K | $238K | 10x | as long as short |
| Coinbase International WTIOIL-PERP-INTX | +0.0008% | 1h | 90.120 | −0.055% | $415K | $1.4M | 15x | as long as short |
| Paradex CL-USD-PERP | +0.0015% | 8h | 90.657 | +0.541% | $15K | $367 | 5x | as long as short |
| Lighter WTI | +0.0024% | 1h | 90.188 | +0.020% | $10.8M | $10.2M | 20x | as long as short |
| Injective WTI/USDC PERP | +0.0033% | 1h | 89.848 | −0.357% | $16K | $5K | 30x | as long as short |
| StandX CL-USD | +0.0040% | 1h | 90.040 | −0.144% | $697K | $2.8M | 40x | as long as short |
| Vest CL-PERP | +0.0046% | 1h | 90.590 | +0.466% | — | $313K | 10x | as long as short |
| Polymarket Perps WTIOIL-USD | +0.0050% | 1h | 90.681 | +0.567% | $1.7M | $1.4M | 20x | as long as short |
| SoDEX CL-USD | +0.0050% | 1h | 90.355 | +0.206% | $2.0M | $82K | 20x | as long as short |
| Phoenix WTIOIL | +0.0053% | 1h | 90.180 | +0.011% | $36K | $37K | 20x | as long as short |
| Pacifica CL | +0.0100% | 1h | 90.226 | +0.063% | $305K | $717K | 10x | as long as short |
| KuCoin CLUSDTM | +0.0100% | 4h | 90.203 | +0.037% | $7.0M | $2.9M | 50x | as long as short |
| ApeX Omni CLUSDT | +0.0100% | 1h | 90.340 | +0.189% | $52K | $266K | 50x | as long as short |
| Aevo WTIOIL-PERP | +0.0104% | 1h | 90.511 | +0.379% | $4K | — | 10x | as long as short |
| GMX WTIOIL/USD [ETH-USDC] | L +0.0167% / S +0.0014% | 1h | 90.615 | +0.494% | $73K | — | 111x | as long as short |
| BloFin CL-USDT | +0.0217% | 4h | 90.030 | −0.155% | $3.9M | $1.1M | 50x | as long as short |
Kraken Futures PF_WTIOILUSD
Deribit WTIOIL_USDC-PERPETUAL
Aster CLUSD1
Bitget CLUSDT
Binance CLUSDT
Variational Omni CL
tradeXYZ xyz:CL
Extended WTI-USD
GRVT CL_USDT_Perp
Gate CL_USDT
Aftermath Perps WTIUSD
OKX CL-USDT-SWAP
edgeX CLUSDC
gTrade (Gains Network) WTI/USD
Bybit CLUSDT
RISEx CL/USDC
Bullet WTIOIL-USD
Coinbase International WTIOIL-PERP-INTX
Paradex CL-USD-PERP
Lighter WTI
Injective WTI/USDC PERP
StandX CL-USD
Polymarket Perps WTIOIL-USD
SoDEX CL-USD
Phoenix WTIOIL
Pacifica CL
KuCoin CLUSDTM
ApeX Omni CLUSDT
GMX WTIOIL/USD [ETH-USDC]
BloFin CL-USDT