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−0.0271%/8h= −29.7% APRnext payment $0.34 per $10,000 · paid last 24h −0.087%
Price spread now: tradeXYZ against GMX−0.001%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 fees+ Points / potential airdroptradeXYZ: Active · farm boardneeds 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: −$8 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGMX WTIOIL/USD [ETH-USDC]92.915L +0.0207% / S −0.0131%pay 0.0026% / 1h21m 17s$78K111x
ShorttradeXYZ xyz:CL92.914−0.0064pay 0.0008% / 1h21m 17s$184.7M$217.3M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

tradeXYZ 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
−$56.94
Price spread: −0.001% → 0.000%
−$0.11
Slippage, 4 orders
no order book: not counted
Fee GMX: 6 bp × 2 orders
−$12
Fee tradeXYZ: 9 bp × 2 orders
−$18
Net
−$87.05
Costs to cover
0.300%
Break-even
never at this rate
Slippage unknown: GMX: no order-book sample; tradeXYZ: live order book, 8 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 tradeXYZ live order book, 8 min ago0.05 bp9.1 bp −$99.1 bp −$9111.0 bp −$1,100doesn'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−0.0611%1h92.880−0.038%$198K$369K15xas long as short
Aster CLUSD1−0.0251%4h92.910−0.005%$23.9M$68.1M20xas long as short
GRVT CL_USDT_Perp−0.0236%4h92.901−0.015%$53K$635K25xas long as short
Binance CLUSDT−0.0204%4h92.918+0.004%$244.7M$951.9M100xas long as short
Variational Omni CL−0.0202%4h92.856−0.064%$13.6M$11.1Mas long as short
Ondo Perps WTI-USD.P−0.0162%1h92.870−0.048%$3.5M$5.6M20xas long as short
Nado WTI-PERP−0.0152%1h92.965+0.054%$962K$658K10xas long as short
Gate CL_USDT−0.0082%8h92.860−0.059%$20.9M$52.7M100xas long as short
tradeXYZ xyz:CLshort−0.0064%1h92.914−0.001%$184.7M$217.3M20x
OKX CL-USDT-SWAP−0.0060%4h92.900−0.016%$42.9M$102.1M50xas long as short
Show all 36 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aftermath Perps WTIUSD−0.0053%1h92.908−0.008%$2K$27K5xas long as short
Coinbase International WTIOIL-PERP-INTX−0.0040%1h92.750−0.178%$402K$944K15xas long as short
edgeX CLUSDC−0.0033%4h92.877−0.041%$529K$302K30xas long as short
QFEX CL-USD−0.0032%1h92.890−0.027%$2.5M$1.7M10xas long as short
Extended WTI-USD−0.0032%1h92.960+0.048%$2.1M$22.5M10xas long as short
Lighter WTI0.0000%1h92.914−0.001%$11.2M$10.4M20xas long as short
dYdX WTI-USD0.0000%1h92.937+0.023%$8K$3K5xas long as short
Bybit CLUSDT0.0000%8h92.924+0.010%$26.7M$81.0M150xas long as short
Bitget CLUSDT0.0000%4h92.908−0.008%$41.9M$43.3M100xas long as short
Phoenix WTIOIL0.0000%1h92.950+0.038%$37K$42K20xas long as short
Bullet WTIOIL-USD0.0000%1h92.9150.000%$19K$241K10xas long as short
gTrade (Gains Network) WTI/USDL 0.0000% / S +0.0036%1h92.478−0.470%$5K150xas long as short
Paradex CL-USD-PERP+0.0019%8h92.899−0.017%$16K$3675xas long as short
KuCoin CLUSDTM+0.0026%4h92.907−0.009%$7.3M$2.3M50xas long as short
StandX CL-USD+0.0040%1h92.870−0.048%$732K$2.9M40xas long as short
Vest CL-PERP+0.0046%1h92.940+0.027%$310K10xas long as short
Polymarket Perps WTIOIL-USD+0.0050%1h92.917+0.002%$1.6M$1.2M20xas long as short
SoDEX CL-USD+0.0050%1h92.918+0.003%$2.1M$61K20xas long as short
RISEx CL/USDC+0.0066%1h93.013+0.106%$3.1M$2.9M20xas long as short
Pacifica CL+0.0100%1h92.908−0.008%$331K$619K10xas long as short
ApeX Omni CLUSDT+0.0100%1h92.900−0.016%$56K$265K50xas long as short
Aevo WTIOIL-PERP+0.0104%1h92.882−0.036%$4K10xas long as short
Kraken Futures PF_WTIOILUSD+0.0105%1h92.930+0.017%$273K$872K25xas long as short
BloFin CL-USDT+0.0182%4h92.870−0.048%$4.0M$1.1M50xas long as short
GMX WTIOIL/USD [ETH-USDC]longL +0.0207% / S −0.0131%1h92.915long leg$78K111x
Injective WTI/USDC PERP+0.0220%1h101.95+9.728%$19K$11K30xas long as short