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

CL

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Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC−0.0105%/8h= −11.5% APRnext payment $0.13 per $10,000 · paid last 24h +0.021%
Price spread now: dYdX against Kraken Futures+0.129%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 5 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 pays, funding is against you. dYdX is 0.129% dearer against Kraken Futures than usual: you sell high and buy low (spread +0.129% now, against zero (this spread has no 7-day history yet)): +$13 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 4.1 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKraken Futures PF_WTIOILUSD92.8790.0105pay 0.0013% / 1h49m 10s$273K$881K25x
ShortdYdX WTI-USD92.9980get 0.0000% / 1h49m 10s$8K$3K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

dYdX against Kraken Futures. 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
−$22.01
Price spread: +0.129% → 0.000%
$12.89
Slippage, 4 orders
no order book: not counted
Fee Kraken Futures: 5 bp × 2 orders
−$10
Fee dYdX: 5 bp × 2 orders
−$10
Net
−$29.12
Costs to cover
0.200%
Break-even
never at this rate
Slippage unknown: Kraken Futures: live order book, 19 min ago; dYdX: 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 Kraken Futures live order book, 19 min ago3.23 bp10.7 bp −$1116.7 bp −$167doesn't fitdoesn't fit
Sell dYdX no order-book sample
dYdX: 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 35 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−0.0718%1h92.840−0.042%$198K$369K15xas long as short
Aster CLUSD1−0.0237%4h92.894+0.016%$24.0M$70.4M20xas long as short
GRVT CL_USDT_Perp−0.0208%4h92.953+0.079%$61K$633K25xas long as short
Binance CLUSDT−0.0205%4h92.870−0.009%$244.5M$958.9M100xas long as short
Variational Omni CL−0.0200%4h92.927+0.052%$13.5M$11.1Mas long as short
Ondo Perps WTI-USD.P−0.0125%1h92.820−0.063%$3.5M$5.7M20xas long as short
Nado WTI-PERP−0.0122%1h92.942+0.068%$962K$668K10xas long as short
Gate CL_USDT−0.0098%8h92.830−0.052%$20.9M$52.2M100xas long as short
tradeXYZ xyz:CL−0.0049%1h92.886+0.008%$184.8M$218.5M20xas long as short
Coinbase International WTIOIL-PERP-INTX−0.0040%1h92.750−0.139%$402K$944K15xas long as short
Show all 35 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
QFEX CL-USD−0.0032%1h92.870−0.009%$2.5M$1.7M10xas long as short
Aftermath Perps WTIUSD−0.0018%1h92.914+0.038%$2K$28K5xas long as short
OKX CL-USDT-SWAP−0.0010%4h92.880+0.001%$42.9M$102.5M50xas long as short
edgeX CLUSDC−0.0008%4h92.823−0.060%$529K$302K30xas long as short
dYdX WTI-USDshort0.0000%1h92.998+0.129%$8K$3K5x
Bybit CLUSDT0.0000%8h92.900+0.023%$26.9M$81.1M150xas long as short
Bitget CLUSDT0.0000%4h92.869−0.010%$41.9M$43.4M100xas long as short
Phoenix WTIOIL0.0000%1h92.880+0.001%$37K$42K20xas long as short
Bullet WTIOIL-USD0.0000%1h92.888+0.010%$18K$241K10xas long as short
gTrade (Gains Network) WTI/USDL 0.0000% / S +0.0036%1h92.446−0.466%$5K150xas long as short
Lighter WTI+0.0016%1h92.891+0.013%$11.2M$10.3M20xas long as short
Extended WTI-USD+0.0032%1h92.930+0.055%$2.1M$23.3M10xas long as short
Paradex CL-USD-PERP+0.0035%8h92.865−0.015%$16K$3675xas long as short
StandX CL-USD+0.0040%1h92.440−0.472%$727K$2.9M40xas long as short
Vest CL-PERP+0.0046%1h92.920+0.044%$310K10xas long as short
Polymarket Perps WTIOIL-USD+0.0050%1h92.902+0.025%$1.6M$1.3M20xas long as short
SoDEX CL-USD+0.0050%1h92.875−0.004%$2.1M$61K20xas long as short
RISEx CL/USDC+0.0066%1h92.993+0.124%$3.3M$2.7M20xas long as short
KuCoin CLUSDTM+0.0072%4h92.881+0.002%$7.3M$2.3M50xas long as short
Pacifica CL+0.0100%1h92.886+0.007%$332K$618K10xas long as short
ApeX Omni CLUSDT+0.0100%1h92.940+0.066%$56K$266K50xas long as short
Aevo WTIOIL-PERP+0.0104%1h92.851−0.030%$4K10xas long as short
Kraken Futures PF_WTIOILUSDlong+0.0105%1h92.879long leg$273K$881K25x
GMX WTIOIL/USD [ETH-USDC]L +0.0207% / S −0.0131%1h92.875−0.004%$78K111xas long as short
Injective WTI/USDC PERP+0.0220%1h102.15+9.979%$19K$11K30xas long as short