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

CL

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Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC−0.0032%/8h= −3.5% APRnext payment $0.04 per $10,000 · paid last 24h −0.009%
Price spread now: dYdX against Extended−0.074%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 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropExtended: Active · farm boardneeds both histories
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and dYdX is 0.074% cheaper against Extended than usual: you would sell low and buy high (−$7 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended WTI-USD92.9800.0032pay 0.0004% / 1h15m 04s$2.1M$24.2M10x
ShortdYdX WTI-USD92.9110get 0.0000% / 1h15m 04s$8K$3K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

dYdX against Extended. 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
−$6.72
Price spread: −0.074% → 0.000%
−$7.38
Slippage, 4 orders
no order book: not counted
Fee Extended: 2.5 bp × 2 orders
−$5
Fee dYdX: 5 bp × 2 orders
−$10
Net
−$29.1
Costs to cover
0.150%
Break-even
never at this rate
Slippage unknown: Extended: live order book, 4 min ago; dYdX: 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 Extended live order book, 4 min ago0.05 bp6.1 bp −$68.2 bp −$8223.3 bp −$2,333doesn't fit
Sell dYdX no order-book sample
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 35 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−0.0395%1h92.910−0.075%$198K$365K15xas long as short
Aster CLUSD1−0.0283%4h92.984+0.004%$24.0M$72.5M20xas long as short
GRVT CL_USDT_Perp−0.0258%4h92.840−0.151%$53K$631K25xas long as short
Binance CLUSDT−0.0245%4h92.955−0.027%$245.1M$976.1M100xas long as short
Variational Omni CL−0.0240%4h92.898−0.088%$13.4M$11.0Mas long as short
Gate CL_USDT−0.0111%8h92.900−0.086%$20.9M$53.9M100xas long as short
Nado WTI-PERP−0.0069%1h92.977−0.003%$965K$675K10xas long as short
Coinbase International WTIOIL-PERP-INTX−0.0048%1h92.750−0.247%$402K$946K15xas long as short
tradeXYZ xyz:CL−0.0044%1h92.950−0.032%$184.7M$220.5M20xas long as short
Kraken Futures PF_WTIOILUSD−0.0038%1h92.974−0.006%$274K$884K25xas long as short
Show all 35 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
QFEX CL-USD−0.0033%1h92.920−0.065%$2.5M$1.7M10xas long as short
Ondo Perps WTI-USD.P−0.0030%1h92.880−0.108%$3.5M$5.7M20xas long as short
OKX CL-USDT-SWAP−0.0016%4h92.950−0.032%$42.9M$105.0M50xas long as short
dYdX WTI-USDshort0.0000%1h92.911−0.074%$8K$3K5x
Bybit CLUSDT0.0000%8h92.9800.000%$27.0M$82.1M150xas long as short
Bitget CLUSDT0.0000%4h92.942−0.041%$42.0M$43.9M100xas long as short
Phoenix WTIOIL0.0000%1h92.920−0.065%$37K$51K20xas long as short
Bullet WTIOIL-USD0.0000%1h92.932−0.052%$18K$240K10xas long as short
gTrade (Gains Network) WTI/USDL 0.0000% / S +0.0036%1h92.478−0.540%$5K150xas long as short
Aftermath Perps WTIUSD+0.0010%1h92.873−0.115%$2K$28K5xas long as short
Paradex CL-USD-PERP+0.0030%8h92.913−0.072%$16K$3675xas long as short
Lighter WTI+0.0032%1h92.934−0.049%$11.2M$10.4M20xas long as short
Extended WTI-USDlong+0.0032%1h92.980long leg$2.1M$24.2M10x
RISEx CL/USDC+0.0037%1h93.042+0.067%$3.3M$2.7M20xas long as short
StandX CL-USD+0.0040%1h92.360−0.667%$726K$3.0M40xas long as short
Vest CL-PERP+0.0046%1h92.940−0.043%$310K10xas long as short
Polymarket Perps WTIOIL-USD+0.0050%1h92.944−0.039%$1.6M$1.3M20xas long as short
SoDEX CL-USD+0.0050%1h92.934−0.049%$2.1M$61K20xas long as short
edgeX CLUSDC+0.0061%4h92.816−0.176%$528K$303K30xas long as short
KuCoin CLUSDTM+0.0078%4h92.969−0.012%$7.2M$2.3M50xas long as short
Pacifica CL+0.0100%1h92.939−0.044%$332K$618K10xas long as short
ApeX Omni CLUSDT+0.0100%1h92.840−0.151%$56K$265K50xas long as short
Aevo WTIOIL-PERP+0.0104%1h92.897−0.090%$4K10xas long as short
GMX WTIOIL/USD [ETH-USDC]L +0.0207% / S −0.0131%1h92.925−0.059%$78K111xas long as short
Injective WTI/USDC PERP+0.0220%1h102.04+9.740%$19K$11K30xas long as short