Funding you earn now, next payment 07:00 UTC−0.0180%/8h= −19.7% APRnext payment −$0.23 per $10,000 · paid last 24h −0.033%
Price spread now: StandX against Injective−8.822%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
=Both sides work against this trade now: funding costs −$5 a day on $10k at the current rate, and StandX is 8.822% cheaper against Injective than usual: you would sell low and buy high (−$882 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 | 102.74 | 0.0220 | pay 0.0028% / 1h | 51m 24s | $19K | $11K | 30x |
| Short | StandX CL-USD | 93.680 | 0.0040 | get 0.0005% / 1h | 51m 24s | $742K | $2.8M | 40x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
StandX 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
- −$37.8
- Price spread: −8.822% → 0.000%
- −$882.19
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee StandX: 4 bp × 2 orders
- −$8
- Net
- −$928.01
- Costs to cover
- 0.080%
- Break-even
- never at this rate
Slippage unknown: Injective: no order-book sample; StandX: live order book, 2 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 StandX live order book, 2 min ago | 1.61 bp | 5.6 bp −$6 | 13.9 bp −$139 | 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 | −0.0284% | 1h | 93.630 | −8.871% | $197K | $380K | 15x | as long as short |
| Aster CLUSD1 | −0.0267% | 4h | 93.670 | −8.832% | $24.5M | $64.8M | 20x | as long as short |
| GRVT CL_USDT_Perp | −0.0252% | 4h | 93.616 | −8.885% | $58K | $629K | 25x | as long as short |
| Binance CLUSDT | −0.0154% | 4h | 93.646 | −8.855% | $246.7M | $928.0M | 100x | as long as short |
| Variational Omni CL | −0.0153% | 4h | 93.499 | −8.998% | $13.4M | $10.8M | — | as long as short |
| Aftermath Perps WTIUSD | −0.0151% | 1h | 93.589 | −8.910% | $2K | $26K | 5x | as long as short |
| Kraken Futures PF_WTIOILUSD | −0.0137% | 1h | 93.649 | −8.852% | $286K | $953K | 25x | as long as short |
| Bitget CLUSDT | −0.0108% | 4h | 93.636 | −8.865% | $42.2M | $42.6M | 100x | as long as short |
| Gate CL_USDT | −0.0091% | 8h | 93.570 | −8.929% | $22.2M | $48.3M | 100x | as long as short |
| Ondo Perps WTI-USD.P | −0.0044% | 1h | 93.630 | −8.871% | $3.5M | $5.4M | 20x | as long as short |
Show all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| tradeXYZ xyz:CL | −0.0031% | 1h | 93.624 | −8.876% | $185.2M | $210.6M | 20x | as long as short |
| Nado WTI-PERP | −0.0026% | 1h | 93.671 | −8.830% | $969K | $627K | 10x | as long as short |
| QFEX CL-USD | −0.0023% | 1h | 93.620 | −8.880% | $2.3M | $2.5M | 10x | as long as short |
| OKX CL-USDT-SWAP | −0.0022% | 4h | 93.640 | −8.861% | $42.7M | $101.9M | 50x | as long as short |
| Coinbase International WTIOIL-PERP-INTX | −0.0008% | 1h | 93.500 | −8.997% | $404K | $931K | 15x | as long as short |
| edgeX CLUSDC | −0.0001% | 4h | 93.623 | −8.877% | $526K | $305K | 30x | as long as short |
| dYdX WTI-USD | 0.0000% | 1h | 93.620 | −8.880% | $8K | $3K | 5x | as long as short |
| Bybit CLUSDT | 0.0000% | 8h | 93.667 | −8.835% | $27.2M | $79.4M | 150x | as long as short |
| RISEx CL/USDC | 0.0000% | 1h | 93.685 | −8.817% | $3.1M | $2.9M | 20x | as long as short |
| Phoenix WTIOIL | 0.0000% | 1h | 93.660 | −8.841% | $38K | $39K | 20x | as long as short |
| Bullet WTIOIL-USD | 0.0000% | 1h | 93.642 | −8.859% | $18K | $240K | 10x | as long as short |
| gTrade (Gains Network) WTI/USD | L 0.0000% / S +0.0036% | 1h | 93.175 | −9.313% | $5K | — | 150x | as long as short |
| Paradex CL-USD-PERP | +0.0027% | 8h | 93.633 | −8.868% | $16K | $367 | 5x | as long as short |
| Lighter WTI | +0.0032% | 1h | 93.648 | −8.853% | $11.3M | $9.6M | 20x | as long as short |
| Extended WTI-USD | +0.0032% | 1h | 93.650 | −8.851% | $2.0M | $16.2M | 10x | as long as short |
| StandX CL-USDshort | +0.0040% | 1h | 93.680 | −8.822% | $742K | $2.8M | 40x | |
| Vest CL-PERP | +0.0046% | 1h | 93.630 | −8.871% | — | $313K | 10x | as long as short |
| Polymarket Perps WTIOIL-USD | +0.0050% | 1h | 93.625 | −8.875% | $1.7M | $1.3M | 20x | as long as short |
| SoDEX CL-USD | +0.0050% | 1h | 93.651 | −8.850% | $2.1M | $60K | 20x | as long as short |
| Pacifica CL | +0.0100% | 1h | 93.650 | −8.851% | $333K | $577K | 10x | as long as short |
| KuCoin CLUSDTM | +0.0100% | 4h | 93.662 | −8.839% | $7.1M | $2.4M | 50x | as long as short |
| ApeX Omni CLUSDT | +0.0100% | 1h | 93.690 | −8.812% | $54K | $266K | 50x | as long as short |
| Aevo WTIOIL-PERP | +0.0104% | 1h | 93.621 | −8.880% | $4K | — | 10x | as long as short |
| BloFin CL-USDT | +0.0212% | 4h | 93.600 | −8.900% | $4.0M | $980K | 50x | as long as short |
| Injective WTI/USDC PERPlong | +0.0220% | 1h | 102.74 | long leg | $19K | $11K | 30x | |
| GMX WTIOIL/USD [ETH-USDC] | L +0.0244% / S −0.0177% | 1h | 93.635 | −8.866% | $84K | — | 111x | as long as short |
Injective WTI/USDC PERP
StandX CL-USD
Deribit WTIOIL_USDC-PERPETUAL
Aster CLUSD1
GRVT CL_USDT_Perp
Binance CLUSDT
Variational Omni CL
Aftermath Perps WTIUSD
Kraken Futures PF_WTIOILUSD
Bitget CLUSDT
Gate CL_USDT
tradeXYZ xyz:CL
OKX CL-USDT-SWAP
Coinbase International WTIOIL-PERP-INTX
edgeX CLUSDC
Bybit CLUSDT
RISEx CL/USDC
Phoenix WTIOIL
Bullet WTIOIL-USD
gTrade (Gains Network) WTI/USD
Paradex CL-USD-PERP
Lighter WTI
Extended WTI-USD
Polymarket Perps WTIOIL-USD
SoDEX CL-USD
Pacifica CL
KuCoin CLUSDTM
ApeX Omni CLUSDT
BloFin CL-USDT
GMX WTIOIL/USD [ETH-USDC]