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

CL

RWAall CL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0169%/8h= +18.5% APRnext payment +$0.21 per $10,000 · paid last 24h +0.027%
Price spread now: GMX against RISEx−0.012%7-day average · you buy dearer than you sell
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 3 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 sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$5 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongRISEx CL/USDC93.1360get 0.0000% / 1h33m 03s$3.0M$2.9M20x
ShortGMX WTIOIL/USD [ETH-USDC]93.125L +0.0244% / S −0.0169%get 0.0021% / 1h33m 03s$78K111x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

GMX against RISEx. 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
$35.44
Price spread: −0.012% → 0.000%
−$1.16
Slippage, 4 orders
no order book: not counted
Fee RISEx: 3 bp × 2 orders
−$6
Fee GMX: 6 bp × 2 orders
−$12
Net
$16.28
Costs to cover
0.180%
Break-even
3.8 days
Slippage unknown: RISEx: live order book, 1 min ago; GMX: 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 RISEx live order book, 1 min ago1.66 bp4.7 bp −$55.4 bp −$54doesn't fitdoesn't fit
Sell GMX no order-book sample
GMX: 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−0.0501%1h93.110−0.028%$194K$395K15xas long as short
Aster CLUSD1−0.0288%4h93.180+0.047%$24.7M$64.6M20xas long as short
GRVT CL_USDT_Perp−0.0262%4h93.080−0.060%$77K$622K25xas long as short
Kraken Futures PF_WTIOILUSD−0.0210%1h93.135−0.001%$275K$939K25xas long as short
Binance CLUSDT−0.0161%4h93.130−0.006%$247.3M$923.2M100xas long as short
Variational Omni CL−0.0143%4h93.137+0.001%$13.4M$10.6Mas long as short
Gate CL_USDT−0.0128%8h93.090−0.049%$22.9M$49.2M100xas long as short
Bitget CLUSDT−0.0124%4h93.118−0.019%$42.3M$41.8M100xas long as short
Aftermath Perps WTIUSD−0.0111%1h93.161+0.027%$2K$26K5xas long as short
Nado WTI-PERP−0.0098%1h93.156+0.022%$955K$623K10xas long as short
Show all 36 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX CL-USDT-SWAP−0.0075%4h93.110−0.028%$42.7M$102.9M50xas long as short
edgeX CLUSDC−0.0057%4h93.176+0.043%$524K$305K30xas long as short
QFEX CL-USD−0.0038%1h93.090−0.049%$2.3M$2.5M10xas long as short
tradeXYZ xyz:CL−0.0037%1h93.142+0.007%$184.2M$199.7M20xas long as short
Ondo Perps WTI-USD.P−0.0022%1h93.010−0.135%$3.6M$5.3M20xas long as short
Lighter WTI−0.0016%1h93.152+0.017%$11.2M$9.2M20xas long as short
Coinbase International WTIOIL-PERP-INTX−0.0016%1h93.540+0.434%$405K$810K15xas long as short
Paradex CL-USD-PERP−0.0005%8h93.062−0.079%$16K$3675xas long as short
dYdX WTI-USD0.0000%1h93.085−0.055%$8K$3K5xas long as short
Bybit CLUSDT0.0000%8h93.130−0.006%$26.7M$79.1M150xas long as short
RISEx CL/USDClong0.0000%1h93.136long leg$3.0M$2.9M20x
Phoenix WTIOIL0.0000%1h93.170+0.037%$37K$40K20xas long as short
Bullet WTIOIL-USD0.0000%1h93.1360.000%$18K$239K10xas long as short
gTrade (Gains Network) WTI/USDL 0.0000% / S +0.0036%1h92.692−0.477%$5K150xas long as short
Extended WTI-USD+0.0008%1h93.160+0.026%$1.7M$15.2M10xas long as short
StandX CL-USD+0.0040%1h93.150+0.015%$738K$2.8M40xas long as short
Vest CL-PERP+0.0046%1h93.120−0.017%$313K10xas long as short
Polymarket Perps WTIOIL-USD+0.0050%1h93.111−0.027%$1.7M$1.3M20xas long as short
SoDEX CL-USD+0.0050%1h93.144+0.009%$2.1M$60K20xas long as short
Pacifica CL+0.0100%1h93.090−0.049%$347K$593K10xas long as short
KuCoin CLUSDTM+0.0100%4h93.173+0.040%$7.1M$2.4M50xas long as short
ApeX Omni CLUSDT+0.0100%1h93.020−0.124%$54K$266K50xas long as short
Aevo WTIOIL-PERP+0.0104%1h93.101−0.037%$4K10xas long as short
BloFin CL-USDT+0.0166%4h93.090−0.049%$4.1M$983K50xas long as short
Injective WTI/USDC PERP+0.0220%1h102.45+10.001%$19K$11K30xas long as short
GMX WTIOIL/USD [ETH-USDC]shortL +0.0244% / S −0.0169%1h93.125−0.012%$78K111x