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

CL

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Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0050%/8h= +5.5% APRnext payment +$0.06 per $10,000 · paid last 24h +0.015%
Price spread now: SoDEX against dYdX−0.086%7-day average · 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 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Funding pays, the price is against you. SoDEX is 0.086% cheaper against dYdX than usual: you would sell low and buy high (spread −0.086% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$9 on $10k: about 5.7 days of funding at the current rate (+$2 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongdYdX WTI-USD93.2880get 0.0000% / 1h5m 52s$8K$3K5x
ShortSoDEX CL-USD93.2080.0050get 0.0006% / 1h5m 52s$2.1M$62K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SoDEX 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
$10.5
Price spread: −0.086% → 0.000%
−$8.58
Slippage, 4 orders
no order book: not counted
Fee dYdX: 5 bp × 2 orders
−$10
Fee SoDEX: 4 bp × 2 orders
−$8
Net
−$16.08
Costs to cover
0.180%
Break-even
17.7 days
Slippage unknown: dYdX: no order-book sample; SoDEX: live order book, 3 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 SoDEX live order book, 3 min ago0.54 bp18.4 bp −$1896.7 bp −$967doesn'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 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%1h93.190−0.105%$194K$398K15xas long as short
Aster CLUSD1−0.0256%4h93.220−0.073%$24.8M$62.2M20xas long as short
GRVT CL_USDT_Perp−0.0230%4h93.059−0.246%$77K$622K25xas long as short
Kraken Futures PF_WTIOILUSD−0.0209%1h93.230−0.062%$275K$931K25xas long as short
Binance CLUSDT−0.0141%4h93.180−0.116%$246.7M$922.8M100xas long as short
Gate CL_USDT−0.0137%8h93.120−0.180%$23.2M$50.7M100xas long as short
Variational Omni CL−0.0130%4h93.192−0.102%$13.6M$10.8Mas long as short
Nado WTI-PERP−0.0110%1h93.265−0.025%$955K$613K10xas long as short
Bitget CLUSDT−0.0104%4h93.157−0.140%$42.2M$41.4M100xas long as short
edgeX CLUSDC−0.0089%4h93.053−0.252%$523K$304K30xas long as short
Show all 36 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aftermath Perps WTIUSD−0.0085%1h93.145−0.153%$1K$26K5xas long as short
OKX CL-USDT-SWAP−0.0072%4h93.170−0.127%$42.6M$103.2M50xas long as short
QFEX CL-USD−0.0038%1h93.210−0.084%$2.3M$2.4M10xas long as short
tradeXYZ xyz:CL−0.0017%1h93.171−0.125%$184.4M$196.4M20xas long as short
Coinbase International WTIOIL-PERP-INTX−0.0016%1h93.540+0.270%$405K$810K15xas long as short
Lighter WTI−0.0008%1h93.191−0.104%$11.2M$9.2M20xas long as short
Ondo Perps WTI-USD.P−0.0006%1h93.230−0.062%$3.6M$5.3M20xas long as short
dYdX WTI-USDlong0.0000%1h93.288long leg$8K$3K5x
Bybit CLUSDT0.0000%8h93.183−0.113%$26.9M$79.7M150xas long as short
RISEx CL/USDC0.0000%1h93.260−0.030%$3.0M$2.8M20xas long as short
Phoenix WTIOIL0.0000%1h93.240−0.051%$37K$40K20xas long as short
Bullet WTIOIL-USD0.0000%1h93.217−0.076%$18K$240K10xas long as short
gTrade (Gains Network) WTI/USDL 0.0000% / S +0.0036%1h92.763−0.563%$5K150xas long as short
Paradex CL-USD-PERP+0.0010%8h93.210−0.083%$16K$3675xas long as short
Extended WTI-USD+0.0032%1h93.210−0.084%$1.7M$15.0M10xas long as short
StandX CL-USD+0.0040%1h93.290+0.002%$739K$2.8M40xas long as short
Vest CL-PERP+0.0046%1h93.210−0.084%$313K10xas long as short
Polymarket Perps WTIOIL-USD+0.0050%1h93.222−0.071%$1.7M$1.3M20xas long as short
SoDEX CL-USDshort+0.0050%1h93.208−0.086%$2.1M$62K20x
Pacifica CL+0.0100%1h93.231−0.062%$347K$589K10xas long as short
KuCoin CLUSDTM+0.0100%4h93.210−0.084%$7.1M$2.4M50xas long as short
ApeX Omni CLUSDT+0.0100%1h93.120−0.180%$54K$266K50xas long as short
Aevo WTIOIL-PERP+0.0104%1h93.195−0.099%$4K10xas long as short
BloFin CL-USDT+0.0163%4h93.250−0.041%$4.1M$985K50xas long as short
Injective WTI/USDC PERP+0.0220%1h102.13+9.482%$19K$11K30xas long as short
GMX WTIOIL/USD [ETH-USDC]L +0.0260% / S −0.0207%1h93.185−0.110%$84K111xas long as short