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

CL

RWAall CL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0014%/8h= +1.5% APRnext payment +$0.02 per $10,000 · paid last 24h +0.006%
Price spread now: Vest against Extended−0.054%7-day average −0.807% · 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 4 days (all we have)−0.172%−$17 on $10k
Price spread, last 4 days (all we have)+0.075%+$7 · spread now −0.054%, 7d avg −0.807%
Together, before fees−0.097%+ Points / potential airdropExtended: Active · Vest: Active · farm board−$10 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays $0 a day on $10k at the current rate, and Vest is 0.754% dearer against Extended than usual: you sell high and buy low: +$75 more if the spread goes back to its 7-day average of −0.807%. Mind the row above: over the last 4 days funding on this pair cost −0.172%, so the current rate has only just turned in your favour.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended WTI-USD93.2800.0032pay 0.0004% / 1h7m 26s$1.7M$15.0M10x
ShortVest CL-PERP93.2300.0046get 0.0006% / 1h7m 26s$313K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Vest 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
$2.87
Price spread: −0.054% → −0.807%
$75.39
Slippage, 4 orders
no order book: not counted
Fee Extended: 2.5 bp × 2 orders
−$5
Fee Vest: 1 bp × 2 orders
−$2
Net
$71.26
Costs to cover
0.070%
Break-even
from the start
Slippage unknown: Extended: live order book, 2 min ago; Vest: 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, 2 min ago0.05 bp6.8 bp −$79.0 bp −$9026.3 bp −$2,631doesn't fit
Sell Vest no order-book sample
Vest: 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%1h93.250−0.032%$195K$397K15xas long as short
Aster CLUSD1−0.0259%4h93.278−0.002%$24.8M$62.2M20xas long as short
GRVT CL_USDT_Perp−0.0230%4h93.059−0.237%$77K$622K25xas long as short
Kraken Futures PF_WTIOILUSD−0.0209%1h93.289+0.010%$277K$930K25xas long as short
Binance CLUSDT−0.0142%4h93.240−0.043%$246.8M$922.0M100xas long as short
Gate CL_USDT−0.0137%8h93.180−0.107%$23.2M$50.6M100xas long as short
Variational Omni CL−0.0136%4h93.053−0.243%$13.5M$10.6Mas long as short
Nado WTI-PERP−0.0110%1h93.310+0.033%$955K$613K10xas long as short
Bitget CLUSDT−0.0104%4h93.234−0.049%$42.2M$41.5M100xas long as short
edgeX CLUSDC−0.0089%4h93.053−0.244%$523K$304K30xas long as short
Show all 36 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aftermath Perps WTIUSD−0.0087%1h93.122−0.169%$1K$26K5xas long as short
OKX CL-USDT-SWAP−0.0073%4h93.240−0.043%$42.7M$103.2M50xas long as short
QFEX CL-USD−0.0038%1h93.210−0.075%$2.3M$2.4M10xas long as short
Coinbase International WTIOIL-PERP-INTX−0.0016%1h93.540+0.279%$405K$810K15xas long as short
tradeXYZ xyz:CL−0.0015%1h93.264−0.017%$184.6M$196.4M20xas long as short
Lighter WTI−0.0008%1h93.240−0.043%$11.2M$9.2M20xas long as short
Ondo Perps WTI-USD.P−0.0006%1h93.230−0.054%$3.6M$5.3M20xas long as short
dYdX WTI-USD0.0000%1h93.288+0.009%$8K$3K5xas long as short
Bybit CLUSDT0.0000%8h93.266−0.015%$27.0M$79.7M150xas long as short
RISEx CL/USDC0.0000%1h93.271−0.010%$3.0M$2.8M20xas long as short
Phoenix WTIOIL0.0000%1h93.240−0.043%$37K$40K20xas long as short
Bullet WTIOIL-USD0.0000%1h93.244−0.038%$18K$240K10xas long as short
gTrade (Gains Network) WTI/USDL 0.0000% / S +0.0036%1h92.814−0.500%$5K150xas long as short
Paradex CL-USD-PERP+0.0010%8h93.257−0.025%$16K$3675xas long as short
Extended WTI-USDlong+0.0032%1h93.280long leg$1.7M$15.0M10x
StandX CL-USD+0.0040%1h93.300+0.021%$739K$2.8M40xas long as short
Vest CL-PERPshort+0.0046%1h93.230−0.054%$313K10x
Polymarket Perps WTIOIL-USD+0.0050%1h93.236−0.047%$1.7M$1.3M20xas long as short
SoDEX CL-USD+0.0050%1h93.275−0.005%$2.1M$62K20xas long as short
Pacifica CL+0.0100%1h93.276−0.005%$348K$589K10xas long as short
KuCoin CLUSDTM+0.0100%4h93.269−0.012%$7.1M$2.4M50xas long as short
ApeX Omni CLUSDT+0.0100%1h93.120−0.172%$54K$266K50xas long as short
Aevo WTIOIL-PERP+0.0104%1h93.247−0.035%$4K10xas long as short
BloFin CL-USDT+0.0162%4h93.070−0.225%$4.0M$983K50xas long as short
Injective WTI/USDC PERP+0.0220%1h102.13+9.492%$19K$11K30xas long as short
GMX WTIOIL/USD [ETH-USDC]L +0.0260% / S −0.0207%1h93.265−0.016%$84K111xas long as short