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

CL

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Alert: funding
Alert: spread
Funding you earn now, next payment 11:00 UTC+0.0207%/8h= +22.7% APRnext payment +$0.26 per $10,000 · paid last 24h +0.023%
Price spread now: Vest against Ondo Perps+0.100%7-day average −0.751% · 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)−0.061%−$6 on $10k
Price spread, last 4 days (all we have)−0.069%−$7 · spread now +0.100%, 7d avg −0.751%
Together, before fees−0.130%+ Points / potential airdropOndo Perps: Active · Vest: Active · farm board−$13 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$6 a day on $10k at the current rate, and Vest is 0.851% dearer against Ondo Perps than usual: you sell high and buy low: +$85 more if the spread goes back to its 7-day average of −0.751%. Mind the row above: over the last 4 days funding on this pair cost −0.061%, so the current rate has only just turned in your favour.
The current funding rate is far above what this pair has been paying: over the last 4 days it paid -0.061% in total (about -6.2% a year). A funding rate is set anew for every payment; at this rate the next one is about +$0.26 per $10,000. In the chart: green and red are payments made; yellow are the hours one leg has not settled yet: what the other leg paid, plus the unsettled leg at its current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOndo Perps WTI-USD.P89.640−0.0162get 0.0020% / 1h59m 22s$3.4M$6.2M20x
ShortVest CL-PERP89.7300.0046get 0.0006% / 1h59m 22s$313K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Vest 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
$43.53
Price spread: +0.100% → −0.751%
$85.1
Slippage, 4 orders
no order book: not counted
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Fee Vest: 1 bp × 2 orders
−$2
Net
$121.63
Costs to cover
0.070%
Break-even
from the start
Slippage unknown: Ondo Perps: no order-book sample; Vest: 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 Vest no order-book sample
Ondo Perps and Vest: 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 exchanges

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−0.0643%1h89.540−0.112%$181K$436K15xas long as short
Kraken Futures PF_WTIOILUSD−0.0341%1h89.596−0.050%$322K$1.8M25xas long as short
tradeXYZ xyz:CL−0.0183%1h89.633−0.008%$171.6M$241.6M20xas long as short
Ondo Perps WTI-USD.Plong−0.0162%1h89.640long leg$3.4M$6.2M20x
Aster CLUSD1−0.0149%4h89.691+0.057%$24.5M$70.4M20xas long as short
Bitget CLUSDT−0.0118%4h89.636−0.004%$40.7M$54.9M100xas long as short
Nado WTI-PERP−0.0103%1h89.713+0.082%$868K$683K10xas long as short
Binance CLUSDT−0.0103%4h89.659+0.021%$239.4M$1.18B100xas long as short
Extended WTI-USD−0.0096%1h89.620−0.022%$1.3M$14.8M10xas long as short
Variational Omni CL−0.0081%4h90.154+0.573%$12.7M$11.3Mas long as short
Show all 36 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
edgeX CLUSDC−0.0081%4h90.230+0.658%$504K$380K30xas long as short
Gate CL_USDT−0.0071%8h89.570−0.078%$23.2M$52.6M100xas long as short
GRVT CL_USDT_Perp−0.0066%4h90.610+1.082%$74K$628K25xas long as short
Aftermath Perps WTIUSD−0.0045%1h90.168+0.589%$1K$27K5xas long as short
OKX CL-USDT-SWAP−0.0041%4h89.580−0.067%$39.8M$127.9M50xas long as short
Coinbase International WTIOIL-PERP-INTX−0.0040%1h89.6400.000%$409K$1.4M15xas long as short
QFEX CL-USD−0.0023%1h89.700+0.067%$2.2M$2.8M10xas long as short
Lighter WTI−0.0016%1h89.558−0.091%$10.7M$10.0M20xas long as short
gTrade (Gains Network) WTI/USDL −0.0001% / S +0.0036%1h89.813+0.193%$1K150xas long as short
dYdX WTI-USD0.0000%1h89.748+0.121%$8K$3K5xas long as short
Bybit CLUSDT0.0000%8h89.620−0.022%$26.1M$106.5M150xas long as short
RISEx CL/USDC0.0000%1h89.739+0.111%$2.8M$3.1M20xas long as short
Bullet WTIOIL-USD0.0000%1h89.669+0.032%$16K$238K10xas long as short
Paradex CL-USD-PERP+0.0010%8h89.651+0.012%$15K$3675xas long as short
StandX CL-USD+0.0040%1h89.870+0.257%$695K$2.8M40xas long as short
Vest CL-PERPshort+0.0046%1h89.730+0.100%$313K10x
Polymarket Perps WTIOIL-USD+0.0050%1h89.664+0.027%$1.7M$1.4M20xas long as short
SoDEX CL-USD+0.0050%1h89.590−0.056%$2.0M$82K20xas long as short
Phoenix WTIOIL+0.0053%1h90.370+0.814%$36K$37K20xas long as short
Pacifica CL+0.0100%1h89.701+0.068%$300K$729K10xas long as short
KuCoin CLUSDTM+0.0100%4h89.676+0.040%$6.9M$3.0M50xas long as short
ApeX Omni CLUSDT+0.0100%1h90.090+0.502%$52K$266K50xas long as short
Aevo WTIOIL-PERP+0.0104%1h89.569−0.079%$4K10xas long as short
GMX WTIOIL/USD [ETH-USDC]L +0.0167% / S +0.0014%1h89.725+0.095%$72K111xas long as short
BloFin CL-USDT+0.0199%4h89.6400.000%$3.9M$1.1M50xas long as short
Injective WTI/USDC PERP+0.0220%1h90.137+0.554%$16K$5K30xas long as short