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

CL

RWAall CL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC−0.0120%/8h= −13.1% APRnext payment $0.15 per $10,000 · paid last 24h −0.012%
Price spread now: Ondo Perps against Extended−0.086%7-day average −0.030% · 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 7 days−0.020%−$2 on $10k
Price spread, last 7 days+0.147%+$15 · spread now −0.086%, 7d avg −0.030%
Together, before fees+0.127%+ Points / potential airdropExtended: Active · Ondo Perps: Active · farm board+$13 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and Ondo Perps is 0.056% cheaper against Extended than usual: you would sell low and buy high (−$6 if the spread goes back to its 7-day average of −0.030%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended WTI-USD92.9900.0032pay 0.0004% / 1h51m 14s$2.1M$23.4M10x
ShortOndo Perps WTI-USD.P92.910−0.0088pay 0.0011% / 1h51m 14s$3.5M$5.7M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Ondo Perps 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
−$25.2
Price spread: −0.086% → −0.030%
−$5.57
Slippage, 4 orders
no order book: not counted
Fee Extended: 2.5 bp × 2 orders
−$5
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Net
−$40.77
Costs to cover
0.100%
Break-even
never at this rate
Slippage unknown: Extended: live order book, 3 min ago; Ondo Perps: 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, 3 min ago0.16 bp3.7 bp −$46.5 bp −$6522.4 bp −$2,239doesn't fit
Sell Ondo Perps no order-book sample
Ondo Perps: 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−0.0610%1h92.920−0.075%$198K$369K15xas long as short
Aster CLUSD1−0.0240%4h92.968−0.023%$24.0M$70.5M20xas long as short
GRVT CL_USDT_Perp−0.0208%4h92.849−0.152%$61K$633K25xas long as short
Binance CLUSDT−0.0205%4h92.942−0.051%$244.7M$959.3M100xas long as short
Variational Omni CL−0.0203%4h92.860−0.140%$13.5M$11.1Mas long as short
Nado WTI-PERP−0.0119%1h93.022+0.034%$963K$668K10xas long as short
Gate CL_USDT−0.0091%8h92.910−0.086%$20.9M$52.2M100xas long as short
Ondo Perps WTI-USD.Pshort−0.0088%1h92.910−0.086%$3.5M$5.7M20x
Coinbase International WTIOIL-PERP-INTX−0.0040%1h92.750−0.258%$402K$944K15xas long as short
tradeXYZ xyz:CL−0.0038%1h92.966−0.026%$184.9M$218.5M20xas long as short
Show all 35 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
QFEX CL-USD−0.0032%1h92.940−0.054%$2.5M$1.7M10xas long as short
Aftermath Perps WTIUSD−0.0017%1h92.910−0.086%$2K$28K5xas long as short
OKX CL-USDT-SWAP−0.0008%4h92.940−0.054%$42.8M$102.5M50xas long as short
edgeX CLUSDC−0.0008%4h92.823−0.180%$529K$302K30xas long as short
dYdX WTI-USD0.0000%1h92.998+0.009%$8K$3K5xas long as short
Bybit CLUSDT0.0000%8h92.974−0.017%$27.0M$81.1M150xas long as short
Bitget CLUSDT0.0000%4h92.943−0.051%$41.9M$43.4M100xas long as short
Phoenix WTIOIL0.0000%1h92.880−0.118%$37K$42K20xas long as short
Bullet WTIOIL-USD0.0000%1h92.966−0.026%$18K$241K10xas long as short
gTrade (Gains Network) WTI/USDL 0.0000% / S +0.0036%1h92.515−0.511%$5K150xas long as short
Lighter WTI+0.0024%1h92.956−0.037%$11.2M$10.3M20xas long as short
Extended WTI-USDlong+0.0032%1h92.990long leg$2.1M$23.4M10x
Paradex CL-USD-PERP+0.0036%8h92.946−0.047%$16K$3675xas long as short
StandX CL-USD+0.0040%1h92.340−0.699%$726K$2.9M40xas long as short
Vest CL-PERP+0.0046%1h92.970−0.022%$310K10xas long as short
Polymarket Perps WTIOIL-USD+0.0050%1h92.968−0.024%$1.6M$1.3M20xas long as short
SoDEX CL-USD+0.0050%1h92.945−0.048%$2.1M$61K20xas long as short
RISEx CL/USDC+0.0066%1h93.082+0.099%$3.3M$2.7M20xas long as short
KuCoin CLUSDTM+0.0080%4h92.969−0.023%$7.3M$2.3M50xas long as short
Pacifica CL+0.0100%1h92.973−0.018%$332K$618K10xas long as short
ApeX Omni CLUSDT+0.0100%1h92.940−0.054%$56K$266K50xas long as short
Aevo WTIOIL-PERP+0.0104%1h92.929−0.066%$4K10xas long as short
Kraken Futures PF_WTIOILUSD+0.0105%1h92.972−0.020%$274K$882K25xas long as short
GMX WTIOIL/USD [ETH-USDC]L +0.0207% / S −0.0131%1h92.945−0.048%$78K111xas long as short
Injective WTI/USDC PERP+0.0220%1h102.15+9.847%$19K$11K30xas long as short