Funding you earn now, next payment 09:00 UTC−0.0069%/8h= −7.5% APRnext payment −$0.09 per $10,000 · paid last 24h 0.000%
Price spread now: gTrade (Gains Network) against Ondo Perps−0.341%45s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 1 day (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropOndo Perps: Active · farm boardneeds both histories
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and gTrade (Gains Network) is 0.341% cheaper against Ondo Perps than usual: you would sell low and buy high (−$34 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 45 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Ondo Perps WTI-USD.P | 92.650 | 0.0033 | pay 0.0004% / 1h | 34m 25s | $3.6M | $5.2M | 20x |
| Short | gTrade (Gains Network) WTI/USD | 92.334 | L 0.0000% / S +0.0036% | pay 0.0004% / 1h | 34m 25s | $5K | — | 150x |
Ondo Perps WTI-USD.P
gTrade (Gains Network) WTI/USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
gTrade (Gains Network) against Ondo Perps. 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
- −$14.39
- Price spread: −0.341% → 0.000%
- −$34.11
- Slippage, 4 orders
- no order book: not counted
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Fee gTrade (Gains Network): 4 bp × 2 orders
- −$8
- Net
- −$61.5
- Costs to cover
- 0.130%
- Break-even
- never at this rate
Slippage unknown: Ondo Perps: no order-book sample; gTrade (Gains Network): 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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Ondo Perps no order-book sample | — | — | — | — | — |
| Sell gTrade (Gains Network) no order-book sample | — | — | — | — | — |
Ondo Perps and gTrade (Gains Network): 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 | −0.0613% | 1h | 92.590 | −0.065% | $187K | $410K | 15x | as long as short |
| Kraken Futures PF_WTIOILUSD | −0.0314% | 1h | 92.766 | +0.125% | $269K | $928K | 25x | as long as short |
| Aster CLUSD1 | −0.0228% | 4h | 92.707 | +0.062% | $24.8M | $60.6M | 20x | as long as short |
| Gate CL_USDT | −0.0200% | 8h | 92.620 | −0.032% | $23.4M | $49.5M | 100x | as long as short |
| Binance CLUSDT | −0.0126% | 4h | 92.635 | −0.016% | $244.7M | $930.8M | 100x | as long as short |
| Variational Omni CL | −0.0113% | 4h | 92.780 | +0.140% | $13.5M | $10.7M | — | as long as short |
| GRVT CL_USDT_Perp | −0.0104% | 4h | 92.790 | +0.151% | $75K | $624K | 25x | as long as short |
| Nado WTI-PERP | −0.0098% | 1h | 92.656 | +0.007% | $948K | $602K | 10x | as long as short |
| Bitget CLUSDT | −0.0080% | 4h | 92.662 | +0.013% | $41.9M | $41.7M | 100x | as long as short |
| Aftermath Perps WTIUSD | −0.0073% | 1h | 92.842 | +0.207% | $2K | $27K | 5x | as long as short |
Deribit WTIOIL_USDC-PERPETUAL
Kraken Futures PF_WTIOILUSD
Aster CLUSD1
Gate CL_USDT
Binance CLUSDT
Variational Omni CL
GRVT CL_USDT_Perp
Nado WTI-PERP
Bitget CLUSDT
Aftermath Perps WTIUSDShow all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX CL-USDT-SWAP | −0.0051% | 4h | 92.610 | −0.043% | $42.4M | $102.6M | 50x | as long as short |
| QFEX CL-USD | −0.0026% | 1h | 92.700 | +0.054% | $2.3M | $2.4M | 10x | as long as short |
| tradeXYZ xyz:CL | −0.0014% | 1h | 92.698 | +0.052% | $184.0M | $191.6M | 20x | as long as short |
| edgeX CLUSDC | −0.0007% | 4h | 92.845 | +0.211% | $542K | $342K | 30x | as long as short |
| dYdX WTI-USD | 0.0000% | 1h | 92.748 | +0.106% | $8K | $3K | 5x | as long as short |
| Bybit CLUSDT | 0.0000% | 8h | 92.650 | 0.000% | $27.2M | $81.8M | 150x | as long as short |
| RISEx CL/USDC | 0.0000% | 1h | 92.726 | +0.082% | $3.0M | $2.8M | 20x | as long as short |
| Bullet WTIOIL-USD | 0.0000% | 1h | 92.699 | +0.053% | $19K | $240K | 10x | as long as short |
| gTrade (Gains Network) WTI/USDshort | L 0.0000% / S +0.0036% | 1h | 92.334 | −0.341% | $5K | — | 150x | |
| Phoenix WTIOIL | +0.0009% | 1h | 92.850 | +0.216% | $37K | $39K | 20x | as long as short |
| Paradex CL-USD-PERP | +0.0015% | 8h | 92.693 | +0.046% | $15K | $367 | 5x | as long as short |
| Coinbase International WTIOIL-PERP-INTX | +0.0016% | 1h | 93.160 | +0.550% | $404K | $794K | 15x | as long as short |
| Lighter WTI | +0.0032% | 1h | 92.702 | +0.056% | $11.3M | $8.8M | 20x | as long as short |
| Extended WTI-USD | +0.0032% | 1h | 92.740 | +0.097% | $1.7M | $14.3M | 10x | as long as short |
| Ondo Perps WTI-USD.Plong | +0.0033% | 1h | 92.650 | long leg | $3.6M | $5.2M | 20x | |
| StandX CL-USD | +0.0040% | 1h | 92.880 | +0.248% | $732K | $2.8M | 40x | as long as short |
| Vest CL-PERP | +0.0046% | 1h | 92.720 | +0.076% | — | $313K | 10x | as long as short |
| Polymarket Perps WTIOIL-USD | +0.0050% | 1h | 92.730 | +0.086% | $1.6M | $1.2M | 20x | as long as short |
| SoDEX CL-USD | +0.0050% | 1h | 92.765 | +0.124% | $2.1M | $69K | 20x | as long as short |
| Pacifica CL | +0.0100% | 1h | 92.711 | +0.066% | $345K | $589K | 10x | as long as short |
| KuCoin CLUSDTM | +0.0100% | 4h | 92.723 | +0.079% | $7.0M | $2.5M | 50x | as long as short |
| ApeX Omni CLUSDT | +0.0100% | 1h | 92.860 | +0.227% | $54K | $266K | 50x | as long as short |
| Aevo WTIOIL-PERP | +0.0104% | 1h | 92.627 | −0.024% | $4K | — | 10x | as long as short |
| GMX WTIOIL/USD [ETH-USDC] | L +0.0166% / S −0.0007% | 1h | 92.685 | +0.038% | $80K | — | 111x | as long as short |
| BloFin CL-USDT | +0.0191% | 4h | 92.710 | +0.065% | $4.0M | $1.0M | 50x | as long as short |
| Injective WTI/USDC PERP | +0.0220% | 1h | 102.13 | +10.236% | $19K | $5K | 30x | as long as short |
OKX CL-USDT-SWAP
QFEX CL-USD
tradeXYZ xyz:CL
edgeX CLUSDC
dYdX WTI-USD
Bybit CLUSDT
RISEx CL/USDC
Bullet WTIOIL-USD
Phoenix WTIOIL
Paradex CL-USD-PERP
Coinbase International WTIOIL-PERP-INTX
Lighter WTI
Extended WTI-USD
StandX CL-USD
Vest CL-PERP
Polymarket Perps WTIOIL-USD
SoDEX CL-USD
Pacifica CL
KuCoin CLUSDTM
ApeX Omni CLUSDT
Aevo WTIOIL-PERP
GMX WTIOIL/USD [ETH-USDC]
BloFin CL-USDT
Injective WTI/USDC PERP