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

CL

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Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC−0.0175%/8h= −19.1% APRnext payment $0.22 per $10,000 · paid last 24h −0.053%
Price spread now: SoDEX against GMX+0.005%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 3 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 sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$5 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGMX WTIOIL/USD [ETH-USDC]93.345L +0.0225% / S −0.0152%pay 0.0028% / 1h5m 14s$81K111x
ShortSoDEX CL-USD93.3500.0050get 0.0006% / 1h5m 14s$2.1M$60K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SoDEX against GMX. 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
−$36.7
Price spread: +0.005% → 0.000%
$0.54
Slippage, 4 orders
no order book: not counted
Fee GMX: 6 bp × 2 orders
−$12
Fee SoDEX: 4 bp × 2 orders
−$8
Net
−$56.16
Costs to cover
0.200%
Break-even
never at this rate
Slippage unknown: GMX: no order-book sample; SoDEX: 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 GMX no order-book sample
Sell SoDEX live order book, 4 min ago1.02 bp19.1 bp −$1997.4 bp −$974doesn't fitdoesn't fit
GMX: 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−0.0500%1h93.320−0.027%$198K$371K15xas long as short
GRVT CL_USDT_Perp−0.0332%4h93.337−0.008%$58K$654K25xas long as short
Aster CLUSD1−0.0284%4h93.370+0.027%$24.3M$65.8M20xas long as short
Binance CLUSDT−0.0189%4h93.350+0.005%$246.5M$939.8M100xas long as short
Variational Omni CL−0.0175%4h93.319−0.028%$13.3M$10.9Mas long as short
Aftermath Perps WTIUSD−0.0143%1h93.300−0.048%$2K$26K5xas long as short
Ondo Perps WTI-USD.P−0.0128%1h93.280−0.070%$3.5M$5.4M20xas long as short
Bitget CLUSDT−0.0128%4h93.344−0.001%$42.0M$43.2M100xas long as short
Nado WTI-PERP−0.0108%1h93.399+0.057%$966K$628K10xas long as short
edgeX CLUSDC−0.0079%4h93.332−0.014%$525K$306K30xas long as short
Show all 36 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate CL_USDT−0.0069%8h93.290−0.059%$21.4M$51.6M100xas long as short
OKX CL-USDT-SWAP−0.0065%4h93.350+0.005%$42.7M$103.1M50xas long as short
tradeXYZ xyz:CL−0.0061%1h93.346+0.001%$184.7M$217.1M20xas long as short
Kraken Futures PF_WTIOILUSD−0.0061%1h93.371+0.028%$282K$961K25xas long as short
Coinbase International WTIOIL-PERP-INTX−0.0040%1h93.160−0.198%$403K$929K15xas long as short
QFEX CL-USD−0.0033%1h93.330−0.016%$2.3M$2.0M10xas long as short
Paradex CL-USD-PERP−0.0019%8h93.327−0.019%$16K$3675xas long as short
Phoenix WTIOIL−0.0009%1h93.370+0.027%$37K$41K20xas long as short
Lighter WTI0.0000%1h93.351+0.006%$11.2M$10.4M20xas long as short
dYdX WTI-USD0.0000%1h93.329−0.017%$8K$3K5xas long as short
Bybit CLUSDT0.0000%8h93.372+0.029%$26.9M$80.0M150xas long as short
RISEx CL/USDC0.0000%1h93.408+0.067%$3.1M$2.9M20xas long as short
Bullet WTIOIL-USD0.0000%1h93.354+0.010%$19K$241K10xas long as short
gTrade (Gains Network) WTI/USDL 0.0000% / S +0.0036%1h92.904−0.472%$5K150xas long as short
Extended WTI-USD+0.0016%1h93.390+0.048%$2.0M$18.3M10xas long as short
KuCoin CLUSDTM+0.0020%4h93.377+0.034%$7.1M$2.4M50xas long as short
StandX CL-USD+0.0040%1h93.150−0.209%$736K$2.9M40xas long as short
Vest CL-PERP+0.0046%1h93.360+0.016%$313K10xas long as short
Polymarket Perps WTIOIL-USD+0.0050%1h93.339−0.006%$1.7M$1.3M20xas long as short
SoDEX CL-USDshort+0.0050%1h93.350+0.005%$2.1M$60K20x
Pacifica CL+0.0100%1h93.341−0.004%$331K$579K10xas long as short
ApeX Omni CLUSDT+0.0100%1h93.320−0.027%$54K$267K50xas long as short
Aevo WTIOIL-PERP+0.0104%1h93.321−0.025%$4K10xas long as short
BloFin CL-USDT+0.0175%4h93.350+0.005%$4.0M$990K50xas long as short
Injective WTI/USDC PERP+0.0220%1h102.37+9.670%$19K$11K30xas long as short
GMX WTIOIL/USD [ETH-USDC]longL +0.0225% / S −0.0152%1h93.345long leg$81K111x