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

CL

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Alert: funding
Alert: spread
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
What this pair did over the last
the charts below follow
Funding, last 6 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds 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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongdYdX WTI-USD90.1700get 0.0000% / 1h2m 45s$8K$3K5x
ShortKraken Futures PF_WTIOILUSD90.479−0.0365pay 0.0046% / 1h2m 45s$456K$1.5M25x

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 it
latest
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
LegHalf-spread$10k$100k$1M$5M
Buy dYdX no order-book sample
Sell Kraken Futures live order book, 4 min ago4.34 bp14.4 bp −$1425.9 bp −$259doesn't fitdoesn'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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Deribit WTIOIL_USDC-PERPETUAL−0.0965%1h90.440+0.300%$183K$423K15xas long as short
Kraken Futures PF_WTIOILUSDshort−0.0365%1h90.479+0.343%$456K$1.5M25x
Aster CLUSD1−0.0148%4h90.348+0.198%$24.8M$69.8M20xas long as short
Bitget CLUSDT−0.0104%4h90.111−0.065%$41.2M$53.8M100xas long as short
Binance CLUSDT−0.0100%4h90.340+0.189%$242.1M$1.17B100xas long as short
Variational Omni CL−0.0085%4h89.884−0.317%$12.7M$11.2Mas long as short
Ondo Perps WTI-USD.P−0.0081%1h90.600+0.477%$3.4M$5.9M20xas long as short
tradeXYZ xyz:CL−0.0078%1h90.136−0.037%$173.9M$235.6M20xas long as short
Nado WTI-PERP−0.0077%1h90.681+0.567%$879K$676K10xas long as short
Extended WTI-USD−0.0064%1h90.180+0.011%$1.3M$14.8M10xas long as short
Show all 36 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GRVT CL_USDT_Perp−0.0060%4h90.241+0.080%$74K$628K25xas long as short
Gate CL_USDT−0.0051%8h90.160−0.011%$23.4M$55.9M100xas long as short
Aftermath Perps WTIUSD−0.0046%1h90.377+0.230%$2K$27K5xas long as short
OKX CL-USDT-SWAP−0.0035%4h90.410+0.267%$40.4M$126.5M50xas long as short
QFEX CL-USD−0.0023%1h90.640+0.522%$2.2M$2.8M10xas long as short
edgeX CLUSDC−0.0017%4h89.916−0.281%$503K$379K30xas long as short
gTrade (Gains Network) WTI/USDL −0.0001% / S +0.0036%1h89.941−0.254%$1K150xas long as short
dYdX WTI-USDlong0.0000%1h90.170long leg$8K$3K5x
Bybit CLUSDT0.0000%8h90.340+0.189%$27.3M$103.8M150xas long as short
RISEx CL/USDC0.0000%1h90.231+0.068%$2.9M$3.0M20xas long as short
Bullet WTIOIL-USD0.0000%1h90.621+0.501%$16K$238K10xas long as short
Coinbase International WTIOIL-PERP-INTX+0.0008%1h90.120−0.055%$415K$1.4M15xas long as short
Paradex CL-USD-PERP+0.0015%8h90.657+0.541%$15K$3675xas long as short
Lighter WTI+0.0024%1h90.188+0.020%$10.8M$10.2M20xas long as short
Injective WTI/USDC PERP+0.0033%1h89.848−0.357%$16K$5K30xas long as short
StandX CL-USD+0.0040%1h90.040−0.144%$697K$2.8M40xas long as short
Vest CL-PERP+0.0046%1h90.590+0.466%$313K10xas long as short
Polymarket Perps WTIOIL-USD+0.0050%1h90.681+0.567%$1.7M$1.4M20xas long as short
SoDEX CL-USD+0.0050%1h90.355+0.206%$2.0M$82K20xas long as short
Phoenix WTIOIL+0.0053%1h90.180+0.011%$36K$37K20xas long as short
Pacifica CL+0.0100%1h90.226+0.063%$305K$717K10xas long as short
KuCoin CLUSDTM+0.0100%4h90.203+0.037%$7.0M$2.9M50xas long as short
ApeX Omni CLUSDT+0.0100%1h90.340+0.189%$52K$266K50xas long as short
Aevo WTIOIL-PERP+0.0104%1h90.511+0.379%$4K10xas long as short
GMX WTIOIL/USD [ETH-USDC]L +0.0167% / S +0.0014%1h90.615+0.494%$73K111xas long as short
BloFin CL-USDT+0.0217%4h90.030−0.155%$3.9M$1.1M50xas long as short