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

CL

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Alert: funding
Alert: spread
Funding you earn now, next payment 10:00 UTC+0.0033%/8h= +3.6% APRnext payment +$0.04 per $10,000 · paid last 24h +0.025%
Price spread now: Injective against RISEx+10.792%103s7-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 feesneeds both histories
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Injective is 10.792% dearer against RISEx than usual: you sell high and buy low: +$1,079 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 103 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongRISEx CL/USDC90.5010get 0.0000% / 1h11m 23s$2.9M$3.0M20x
ShortInjective WTI/USDC PERP100.270.0033get 0.0004% / 1h11m 23s$19K$5K30x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Injective 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
$7
Price spread: +10.792% → 0.000%
$1,079.19
Slippage, 4 orders
no order book: not counted
Fee RISEx: 3 bp × 2 orders
−$6
Fee Injective: 0.01 bp × 2 orders
−$0.02
Net
$1,080.17
Costs to cover
0.060%
Break-even
from the start
Slippage unknown: RISEx: live order book, 1 min ago; 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 RISEx live order book, 1 min ago1.22 bp4.2 bp −$46.0 bp −$60doesn't fitdoesn't fit
Sell Injective no order-book sample
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 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−0.0523%1h90.480−0.023%$181K$423K15xas long as short
Kraken Futures PF_WTIOILUSD−0.0365%1h90.592+0.100%$306K$1.3M25xas long as short
Aster CLUSD1−0.0164%4h90.553+0.058%$24.5M$66.4M20xas long as short
Bitget CLUSDT−0.0112%4h90.505+0.004%$41.2M$49.2M100xas long as short
Binance CLUSDT−0.0110%4h90.521+0.021%$246.7M$1.10B100xas long as short
Extended WTI-USD−0.0088%1h90.480−0.023%$1.4M$13.5M10xas long as short
Variational Omni CL−0.0084%4h90.686+0.204%$12.9M$11.0Mas long as short
Nado WTI-PERP−0.0083%1h90.510+0.010%$876K$670K10xas long as short
Ondo Perps WTI-USD.P−0.0079%1h90.400−0.112%$3.4M$5.7M20xas long as short
Gate CL_USDT−0.0061%8h90.480−0.023%$23.3M$54.1M100xas long as short
Show all 36 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
edgeX CLUSDC−0.0059%4h90.686+0.204%$507K$380K30xas long as short
tradeXYZ xyz:CL−0.0058%1h90.528+0.030%$175.7M$210.6M20xas long as short
GRVT CL_USDT_Perp−0.0046%4h90.760+0.286%$70K$615K25xas long as short
Aftermath Perps WTIUSD−0.0035%1h90.774+0.302%$1K$27K5xas long as short
QFEX CL-USD−0.0023%1h90.450−0.057%$2.2M$2.8M10xas long as short
OKX CL-USDT-SWAP−0.0023%4h90.520+0.021%$41.0M$117.9M50xas long as short
gTrade (Gains Network) WTI/USDL −0.0001% / S +0.0036%1h90.137−0.402%$1K150xas long as short
dYdX WTI-USD0.0000%1h90.505+0.004%$8K$3K5xas long as short
Bybit CLUSDT0.0000%8h90.520+0.021%$26.8M$96.4M150xas long as short
RISEx CL/USDClong0.0000%1h90.501long leg$2.9M$3.0M20x
Bullet WTIOIL-USD0.0000%1h90.525+0.026%$17K$237K10xas long as short
Coinbase International WTIOIL-PERP-INTX+0.0008%1h90.610+0.120%$440K$1.2M15xas long as short
Paradex CL-USD-PERP+0.0016%8h90.433−0.076%$15K$3675xas long as short
Lighter WTI+0.0024%1h90.475−0.029%$11.0M$9.6M20xas long as short
Injective WTI/USDC PERPshort+0.0033%1h100.27+10.792%$19K$5K30x
StandX CL-USD+0.0040%1h90.830+0.363%$707K$2.8M40xas long as short
Vest CL-PERP+0.0046%1h90.530+0.032%$313K10xas long as short
Polymarket Perps WTIOIL-USD+0.0050%1h90.440−0.068%$1.6M$1.3M20xas long as short
SoDEX CL-USD+0.0050%1h90.534+0.036%$2.0M$81K20xas long as short
Phoenix WTIOIL+0.0053%1h90.740+0.264%$36K$37K20xas long as short
Pacifica CL+0.0100%1h90.478−0.026%$312K$709K10xas long as short
KuCoin CLUSDTM+0.0100%4h90.495−0.007%$6.8M$2.8M50xas long as short
ApeX Omni CLUSDT+0.0100%1h90.730+0.253%$53K$266K50xas long as short
Aevo WTIOIL-PERP+0.0104%1h90.532+0.034%$4K10xas long as short
BloFin CL-USDT+0.0215%4h90.740+0.264%$3.9M$1.0M50xas long as short
GMX WTIOIL/USD [ETH-USDC]L +0.0250% / S −0.0172%1h90.525+0.026%$80K111xas long as short