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

CL

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Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0070%/8h= +7.7% APRnext payment +$0.70 per $10,000 · paid last 24h −0.041%
Price spread now: Gate against Paradex+0.010%45s7-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 airdropParadex: Active · farm boardneeds both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$2 a day on $10k at the current rate. The two prices were read 45 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongParadex CL-USD-PERP92.081−0.0098get 0.0098% / 8h37m 49s$15K$3675x
ShortGate CL_USDT92.090−0.0028pay 0.0028% / 8h37m 49s$21.3M$57.7M100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate against Paradex. 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
$14.75
Price spread: +0.010% → 0.000%
$0.98
Slippage, 4 orders
no order book: not counted
Fee Paradex: 2 bp × 2 orders
−$4
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$3.27
Costs to cover
0.190%
Break-even
8.6 days
Slippage unknown: Paradex: no order-book sample; Gate: live order book, 1 min ago. 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 Paradex no order-book sample
Sell Gate live order book, 1 min ago0.54 bp10.1 bp −$1014.6 bp −$14626.9 bp −$2,69133.6 bp −$16.8K
Paradex: 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
Kraken Futures PF_WTIOILUSD−0.0450%1h92.186+0.114%$274K$1.2M25xas long as short
GRVT CL_USDT_Perp−0.0314%4h92.040−0.044%$58K$702K25xas long as short
Aster CLUSD1−0.0237%4h92.160+0.086%$24.0M$77.5M20xas long as short
Nado WTI-PERP−0.0166%1h92.156+0.082%$924K$740K10xas long as short
Binance CLUSDT−0.0160%4h92.160+0.086%$245.1M$1.10B100xas long as short
Variational Omni CL−0.0138%4h92.053−0.030%$13.4M$12.4Mas long as short
Lighter WTI−0.0112%1h92.146+0.071%$11.2M$10.9M20xas long as short
Ondo Perps WTI-USD.P−0.0102%1h92.070−0.012%$3.5M$6.3M20xas long as short
Paradex CL-USD-PERPlong−0.0098%8h92.081long leg$15K$3675x
tradeXYZ xyz:CL−0.0082%1h92.167+0.093%$187.1M$274.8M20xas long as short
Show all 36 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Deribit WTIOIL_USDC-PERPETUAL−0.0075%1h92.180+0.108%$96K$189K15xas long as short
QFEX CL-USD−0.0054%1h92.100+0.021%$2.4M$2.6M10xas long as short
Bullet WTIOIL-USD−0.0045%1h92.133+0.057%$18K$241K10xas long as short
Gate CL_USDTshort−0.0028%8h92.090+0.010%$21.3M$57.7M100x
Pacifica CL−0.0020%1h92.123+0.045%$333K$576K10xas long as short
dYdX WTI-USD0.0000%1h92.108+0.029%$8K$3K5xas long as short
Bybit CLUSDT0.0000%8h92.177+0.104%$25.6M$94.8M150xas long as short
OKX CL-USDT-SWAP0.0000%4h92.140+0.064%$43.0M$112.9M50xas long as short
RISEx CL/USDC0.0000%1h92.219+0.150%$3.3M$2.7M20xas long as short
Bitget CLUSDT0.0000%4h92.141+0.065%$42.0M$51.7M100xas long as short
Phoenix WTIOIL0.0000%1h92.120+0.042%$37K$101K20xas long as short
Coinbase International WTIOIL-PERP-INTX0.0000%1h92.030−0.055%$399K$966K15xas long as short
gTrade (Gains Network) WTI/USDL 0.0000% / S +0.0036%1h91.716−0.396%$4K150xas long as short
Extended WTI-USD+0.0016%1h92.200+0.129%$2.0M$27.5M10xas long as short
StandX CL-USD+0.0040%1h92.130+0.053%$721K$3.1M40xas long as short
Vest CL-PERP+0.0046%1h92.170+0.097%$308K10xas long as short
Polymarket Perps WTIOIL-USD+0.0046%1h92.128+0.051%$1.6M$1.4M20xas long as short
SoDEX CL-USD+0.0050%1h92.150+0.075%$2.0M$39K20xas long as short
edgeX CLUSDC+0.0059%4h92.084+0.004%$529K$332K30xas long as short
Aftermath Perps WTIUSD+0.0095%1h92.093+0.013%$2K$29K5xas long as short
KuCoin CLUSDTM+0.0100%4h92.181+0.109%$7.3M$2.1M50xas long as short
ApeX Omni CLUSDT+0.0100%1h92.070−0.012%$55K$266K50xas long as short
Aevo WTIOIL-PERP+0.0104%1h92.119+0.042%$4K10xas long as short
GMX WTIOIL/USD [ETH-USDC]L +0.0205% / S −0.0130%1h92.125+0.048%$77K111xas long as short
Injective WTI/USDC PERP+0.0220%1h101.28+9.985%$19K$11K30xas long as short
BloFin CL-USDT+0.0240%4h92.090+0.010%$4.0M$1.4M50xas long as short