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−0.0072%/8h= −7.8% APRnext payment $0.09 per $10,000 · paid last 24h −0.026%
Price spread now: Ondo Perps against SoDEX−0.069%7-day average −0.029% · 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)+0.016%+$2 on $10k
Price spread, last 4 days (all we have)+0.115%+$11 · spread now −0.069%, 7d avg −0.029%
Together, before fees+0.131%+ Points / potential airdropOndo Perps: Active · farm board+$13 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Ondo Perps is 0.040% cheaper against SoDEX than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of −0.029%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSoDEX CL-USD93.1440.0050pay 0.0006% / 1h32m 28s$2.1M$60K20x
ShortOndo Perps WTI-USD.P93.080−0.0022pay 0.0003% / 1h32m 28s$3.6M$5.3M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Ondo Perps against SoDEX. 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
−$15.04
Price spread: −0.069% → −0.029%
−$4
Slippage, 4 orders
no order book: not counted
Fee SoDEX: 4 bp × 2 orders
−$8
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Net
−$32.04
Costs to cover
0.130%
Break-even
never at this rate
Slippage unknown: SoDEX: live order book, 2 min ago; Ondo Perps: 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 SoDEX live order book, 2 min ago0.54 bp19.5 bp −$1984.5 bp −$845doesn't fitdoesn't fit
Sell Ondo Perps no order-book sample
Ondo Perps: 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%1h93.110−0.037%$194K$395K15xas long as short
Aster CLUSD1−0.0288%4h93.085−0.063%$24.6M$64.7M20xas long as short
GRVT CL_USDT_Perp−0.0262%4h93.080−0.069%$77K$622K25xas long as short
Kraken Futures PF_WTIOILUSD−0.0210%1h93.135−0.009%$275K$939K25xas long as short
Binance CLUSDT−0.0161%4h93.060−0.090%$247.1M$923.1M100xas long as short
Variational Omni CL−0.0143%4h93.137−0.008%$13.4M$10.6Mas long as short
Gate CL_USDT−0.0129%8h93.020−0.133%$22.9M$49.3M100xas long as short
Bitget CLUSDT−0.0124%4h93.055−0.096%$42.3M$41.7M100xas long as short
Aftermath Perps WTIUSD−0.0112%1h93.160+0.017%$2K$26K5xas long as short
Nado WTI-PERP−0.0099%1h93.115−0.031%$955K$623K10xas long as short
Show all 36 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX CL-USDT-SWAP−0.0075%4h93.040−0.112%$42.7M$102.9M50xas long as short
edgeX CLUSDC−0.0057%4h93.176+0.034%$524K$305K30xas long as short
QFEX CL-USD−0.0038%1h93.060−0.090%$2.3M$2.5M10xas long as short
tradeXYZ xyz:CL−0.0037%1h93.068−0.082%$184.1M$199.8M20xas long as short
Ondo Perps WTI-USD.Pshort−0.0022%1h93.080−0.069%$3.6M$5.3M20x
Lighter WTI−0.0016%1h93.093−0.055%$11.2M$9.2M20xas long as short
Coinbase International WTIOIL-PERP-INTX−0.0016%1h93.540+0.425%$405K$810K15xas long as short
Paradex CL-USD-PERP−0.0005%8h93.048−0.103%$16K$3675xas long as short
dYdX WTI-USD0.0000%1h93.167+0.025%$8K$3K5xas long as short
Bybit CLUSDT0.0000%8h93.070−0.079%$26.7M$79.1M150xas long as short
RISEx CL/USDC0.0000%1h93.103−0.044%$3.0M$2.9M20xas long as short
Phoenix WTIOIL0.0000%1h93.170+0.028%$37K$40K20xas long as short
Bullet WTIOIL-USD0.0000%1h93.068−0.082%$18K$239K10xas long as short
gTrade (Gains Network) WTI/USDL 0.0000% / S +0.0036%1h92.692−0.485%$5K150xas long as short
Extended WTI-USD+0.0008%1h93.110−0.037%$1.7M$15.2M10xas long as short
StandX CL-USD+0.0040%1h93.180+0.039%$738K$2.8M40xas long as short
Vest CL-PERP+0.0046%1h93.090−0.058%$313K10xas long as short
Polymarket Perps WTIOIL-USD+0.0050%1h93.062−0.088%$1.7M$1.3M20xas long as short
SoDEX CL-USDlong+0.0050%1h93.144long leg$2.1M$60K20x
Pacifica CL+0.0100%1h93.106−0.041%$347K$593K10xas long as short
KuCoin CLUSDTM+0.0100%4h93.077−0.072%$7.0M$2.4M50xas long as short
ApeX Omni CLUSDT+0.0100%1h93.020−0.133%$54K$266K50xas long as short
Aevo WTIOIL-PERP+0.0104%1h93.101−0.046%$4K10xas long as short
BloFin CL-USDT+0.0166%4h93.090−0.058%$4.1M$983K50xas long as short
Injective WTI/USDC PERP+0.0220%1h102.45+9.991%$19K$11K30xas long as short
GMX WTIOIL/USD [ETH-USDC]L +0.0244% / S −0.0169%1h93.125−0.020%$78K111xas long as short