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

CL

RWAall CL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC+0.0332%/8h= +36.4% APRnext payment +$0.41 per $10,000 · paid last 24h +0.049%
Price spread now: Injective against Ondo Perps+9.806%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 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropOndo Perps: Active · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$10 a day on $10k at the current rate, and Injective is 9.806% dearer against Ondo Perps than usual: you sell high and buy low: +$981 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOndo Perps WTI-USD.P93.440−0.0112get 0.0014% / 1h24m 22s$3.5M$5.4M20x
ShortInjective WTI/USDC PERP102.600.0220get 0.0028% / 1h24m 22s$19K$11K30x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Injective 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 it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$69.72
Price spread: +9.806% → 0.000%
$980.63
Slippage, 4 orders
no order book: not counted
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Fee Injective: 0.01 bp × 2 orders
−$0.02
Net
$1,045.33
Costs to cover
0.050%
Break-even
from the start
Slippage unknown: Ondo Perps: no order-book sample; Injective: 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 Ondo Perps no order-book sample
Sell Injective no order-book sample
Ondo Perps and 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Deribit WTIOIL_USDC-PERPETUAL−0.0392%1h93.410−0.032%$197K$374K15xas long as short
GRVT CL_USDT_Perp−0.0320%4h93.424−0.017%$58K$639K25xas long as short
Aster CLUSD1−0.0300%4h93.480+0.043%$24.4M$65.1M20xas long as short
Kraken Futures PF_WTIOILUSD−0.0204%1h93.459+0.020%$285K$958K25xas long as short
Binance CLUSDT−0.0189%4h93.454+0.015%$246.6M$932.9M100xas long as short
Variational Omni CL−0.0182%4h93.450+0.010%$13.4M$10.9Mas long as short
Aftermath Perps WTIUSD−0.0150%1h93.465+0.027%$2K$26K5xas long as short
Bitget CLUSDT−0.0132%4h93.418−0.024%$42.1M$42.8M100xas long as short
Nado WTI-PERP−0.0131%1h93.572+0.141%$968K$616K10xas long as short
Ondo Perps WTI-USD.Plong−0.0112%1h93.440long leg$3.5M$5.4M20x
Show all 36 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate CL_USDT−0.0078%8h93.390−0.054%$21.8M$49.8M100xas long as short
edgeX CLUSDC−0.0074%4h93.495+0.059%$526K$305K30xas long as short
tradeXYZ xyz:CL−0.0064%1h93.452+0.013%$185.0M$213.4M20xas long as short
OKX CL-USDT-SWAP−0.0056%4h93.460+0.021%$42.7M$102.6M50xas long as short
Coinbase International WTIOIL-PERP-INTX−0.0040%1h93.160−0.300%$403K$928K15xas long as short
QFEX CL-USD−0.0032%1h93.490+0.054%$2.3M$2.4M10xas long as short
dYdX WTI-USD0.0000%1h93.496+0.059%$8K$3K5xas long as short
Bybit CLUSDT0.0000%8h93.470+0.032%$27.1M$79.4M150xas long as short
RISEx CL/USDC0.0000%1h93.523+0.089%$3.1M$2.9M20xas long as short
Phoenix WTIOIL0.0000%1h93.380−0.064%$38K$41K20xas long as short
Bullet WTIOIL-USD0.0000%1h93.465+0.027%$18K$240K10xas long as short
gTrade (Gains Network) WTI/USDL 0.0000% / S +0.0036%1h92.995−0.476%$5K150xas long as short
Paradex CL-USD-PERP+0.0008%8h93.452+0.013%$16K$3675xas long as short
Lighter WTI+0.0008%1h93.483+0.046%$11.2M$9.9M20xas long as short
Extended WTI-USD+0.0032%1h93.480+0.043%$2.0M$17.2M10xas long as short
StandX CL-USD+0.0040%1h93.510+0.075%$740K$2.9M40xas long as short
Vest CL-PERP+0.0046%1h93.470+0.032%$313K10xas long as short
Pacifica CL+0.0047%1h93.481+0.044%$332K$576K10xas long as short
Polymarket Perps WTIOIL-USD+0.0050%1h93.470+0.032%$1.7M$1.3M20xas long as short
SoDEX CL-USD+0.0050%1h93.411−0.031%$2.1M$60K20xas long as short
KuCoin CLUSDTM+0.0064%4h93.513+0.078%$7.1M$2.4M50xas long as short
ApeX Omni CLUSDT+0.0100%1h93.410−0.032%$54K$266K50xas long as short
Aevo WTIOIL-PERP+0.0104%1h93.412−0.030%$4K10xas long as short
BloFin CL-USDT+0.0180%4h93.450+0.011%$4.0M$1.0M50xas long as short
Injective WTI/USDC PERPshort+0.0220%1h102.60+9.806%$19K$11K30x
GMX WTIOIL/USD [ETH-USDC]L +0.0237% / S −0.0170%1h93.455+0.016%$84K111xas long as short