Funding you earn now, next payment 05:00 UTC−0.0220%/8h= −24.1% APRnext payment −$0.28 per $10,000 · paid last 24h −0.025%
Price spread now: RISEx against Injective−8.610%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work against this trade now: funding costs −$7 a day on $10k at the current rate, and RISEx is 8.610% cheaper against Injective than usual: you would sell low and buy high (−$861 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Injective WTI/USDC PERP | 102.17 | 0.0220 | pay 0.0028% / 1h | 40m 13s | $19K | $11K | 30x |
| Short | RISEx CL/USDC | 93.370 | 0 | get 0.0000% / 1h | 40m 13s | $3.1M | $2.9M | 20x |
Injective WTI/USDC PERP
RISEx CL/USDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
RISEx against Injective. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$46.2
- Price spread: −8.610% → 0.000%
- −$860.95
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee RISEx: 3 bp × 2 orders
- −$6
- Net
- −$913.17
- Costs to cover
- 0.060%
- Break-even
- never at this rate
Slippage unknown: Injective: no order-book sample; RISEx: 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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Injective no order-book sample | — | — | — | — | — |
| Sell RISEx live order book, 4 min ago | 1.61 bp | 4.8 bp −$5 | 6.0 bp −$60 | doesn't fit | doesn't fit |
Injective: 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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Deribit WTIOIL_USDC-PERPETUAL | −0.0500% | 1h | 93.290 | −8.688% | $199K | $370K | 15x | as long as short |
| Aster CLUSD1 | −0.0261% | 4h | 93.350 | −8.629% | $24.2M | $66.1M | 20x | as long as short |
| GRVT CL_USDT_Perp | −0.0226% | 4h | 93.196 | −8.780% | $54K | $645K | 25x | as long as short |
| Binance CLUSDT | −0.0173% | 4h | 93.330 | −8.649% | $245.6M | $941.0M | 100x | as long as short |
| Variational Omni CL | −0.0159% | 4h | 93.269 | −8.709% | $13.4M | $10.9M | — | as long as short |
| Nado WTI-PERP | −0.0130% | 1h | 93.364 | −8.615% | $965K | $636K | 10x | as long as short |
| Bitget CLUSDT | −0.0122% | 4h | 93.316 | −8.662% | $42.0M | $43.3M | 100x | as long as short |
| Ondo Perps WTI-USD.P | −0.0116% | 1h | 93.230 | −8.747% | $3.5M | $5.3M | 20x | as long as short |
| Aftermath Perps WTIUSD | −0.0114% | 1h | 93.242 | −8.735% | $2K | $27K | 5x | as long as short |
| Kraken Futures PF_WTIOILUSD | −0.0061% | 1h | 93.331 | −8.648% | $277K | $960K | 25x | as long as short |
Deribit WTIOIL_USDC-PERPETUAL
Aster CLUSD1
GRVT CL_USDT_Perp
Binance CLUSDT
Variational Omni CL
Nado WTI-PERP
Bitget CLUSDT
Ondo Perps WTI-USD.P
Aftermath Perps WTIUSD
Kraken Futures PF_WTIOILUSDShow all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate CL_USDT | −0.0052% | 8h | 93.270 | −8.707% | $21.1M | $51.1M | 100x | as long as short |
| Coinbase International WTIOIL-PERP-INTX | −0.0040% | 1h | 93.190 | −8.786% | $401K | $927K | 15x | as long as short |
| QFEX CL-USD | −0.0033% | 1h | 93.290 | −8.688% | $2.3M | $1.8M | 10x | as long as short |
| OKX CL-USDT-SWAP | −0.0031% | 4h | 93.320 | −8.658% | $42.7M | $103.0M | 50x | as long as short |
| edgeX CLUSDC | −0.0017% | 4h | 93.238 | −8.739% | $524K | $305K | 30x | as long as short |
| Phoenix WTIOIL | −0.0009% | 1h | 93.300 | −8.678% | $37K | $41K | 20x | as long as short |
| KuCoin CLUSDTM | −0.0008% | 4h | 93.337 | −8.642% | $7.1M | $2.4M | 50x | as long as short |
| tradeXYZ xyz:CL | −0.0005% | 1h | 93.338 | −8.641% | $184.8M | $219.1M | 20x | as long as short |
| dYdX WTI-USD | 0.0000% | 1h | 93.272 | −8.705% | $8K | $3K | 5x | as long as short |
| Bybit CLUSDT | 0.0000% | 8h | 93.350 | −8.629% | $27.0M | $80.6M | 150x | as long as short |
| RISEx CL/USDCshort | 0.0000% | 1h | 93.370 | −8.610% | $3.1M | $2.9M | 20x | |
| Bullet WTIOIL-USD | 0.0000% | 1h | 93.314 | −8.664% | $19K | $242K | 10x | as long as short |
| gTrade (Gains Network) WTI/USD | L 0.0000% / S +0.0036% | 1h | 92.869 | −9.100% | $5K | — | 150x | as long as short |
| Paradex CL-USD-PERP | +0.0018% | 8h | 93.292 | −8.686% | $16K | $367 | 5x | as long as short |
| Lighter WTI | +0.0032% | 1h | 93.321 | −8.657% | $11.2M | $10.3M | 20x | as long as short |
| Extended WTI-USD | +0.0032% | 1h | 93.360 | −8.619% | $2.0M | $19.3M | 10x | as long as short |
| StandX CL-USD | +0.0040% | 1h | 93.210 | −8.766% | $737K | $2.9M | 40x | as long as short |
| Vest CL-PERP | +0.0046% | 1h | 93.310 | −8.668% | — | $313K | 10x | as long as short |
| Polymarket Perps WTIOIL-USD | +0.0050% | 1h | 93.320 | −8.658% | $1.7M | $1.3M | 20x | as long as short |
| SoDEX CL-USD | +0.0050% | 1h | 93.319 | −8.659% | $2.1M | $60K | 20x | as long as short |
| Pacifica CL | +0.0100% | 1h | 93.315 | −8.664% | $331K | $597K | 10x | as long as short |
| ApeX Omni CLUSDT | +0.0100% | 1h | 93.290 | −8.688% | $56K | $266K | 50x | as long as short |
| Aevo WTIOIL-PERP | +0.0104% | 1h | 93.275 | −8.702% | $4K | — | 10x | as long as short |
| BloFin CL-USDT | +0.0207% | 4h | 93.270 | −8.707% | $4.0M | $1.0M | 50x | as long as short |
| Injective WTI/USDC PERPlong | +0.0220% | 1h | 102.17 | long leg | $19K | $11K | 30x | |
| GMX WTIOIL/USD [ETH-USDC] | L +0.0220% / S −0.0148% | 1h | 93.305 | −8.673% | $81K | — | 111x | as long as short |
Gate CL_USDT
Coinbase International WTIOIL-PERP-INTX
QFEX CL-USD
OKX CL-USDT-SWAP
edgeX CLUSDC
Phoenix WTIOIL
KuCoin CLUSDTM
tradeXYZ xyz:CL
dYdX WTI-USD
Bybit CLUSDT
Bullet WTIOIL-USD
gTrade (Gains Network) WTI/USD
Paradex CL-USD-PERP
Lighter WTI
Extended WTI-USD
StandX CL-USD
Vest CL-PERP
Polymarket Perps WTIOIL-USD
SoDEX CL-USD
Pacifica CL
ApeX Omni CLUSDT
Aevo WTIOIL-PERP
BloFin CL-USDT
GMX WTIOIL/USD [ETH-USDC]