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

CL

RWAall CL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC+0.0018%/8h= +2.0% APRpaid last 24h −0.027%
Price spread now: Injective against BloFin+9.934%114s7-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 9.934% dearer against BloFin than usual: you sell high and buy low: +$993 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 114 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin CL-USDT93.3700.0202pay 0.0101% / 4h2h 03m$4.0M$988K50x
ShortInjective WTI/USDC PERP102.640.0220get 0.0028% / 1h3m 21s$19K$11K30x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Injective against BloFin. 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
$3.82
Price spread: +9.934% → 0.000%
$993.36
Slippage, 4 orders
no order book: not counted
Fee BloFin: 6 bp × 2 orders
−$12
Fee Injective: 0.01 bp × 2 orders
−$0.02
Net
$985.16
Costs to cover
0.120%
Break-even
from the start
Slippage unknown: BloFin: live order book, 5 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 BloFin live order book, 5 min ago0.54 bp6.5 bp −$77.0 bp −$7010.7 bp −$1,07225.9 bp −$12.9K
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 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−0.0392%1h93.340−0.032%$196K$377K15xas long as short
GRVT CL_USDT_Perp−0.0274%4h93.368−0.003%$58K$629K25xas long as short
Aster CLUSD1−0.0274%4h93.395+0.027%$24.4M$64.5M20xas long as short
Kraken Futures PF_WTIOILUSD−0.0204%1h93.392+0.024%$285K$959K25xas long as short
Binance CLUSDT−0.0168%4h93.3700.000%$246.2M$931.1M100xas long as short
Variational Omni CL−0.0163%4h93.349−0.023%$13.4M$10.9Mas long as short
Aftermath Perps WTIUSD−0.0148%1h93.407+0.039%$2K$26K5xas long as short
Bitget CLUSDT−0.0120%4h93.341−0.031%$42.1M$42.7M100xas long as short
Nado WTI-PERP−0.0103%1h93.449+0.084%$971K$629K10xas long as short
Gate CL_USDT−0.0083%8h93.300−0.075%$22.1M$50.5M100xas long as short
Show all 36 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
tradeXYZ xyz:CL−0.0076%1h93.356−0.015%$184.7M$212.3M20xas long as short
Ondo Perps WTI-USD.P−0.0076%1h93.3700.000%$3.5M$5.4M20xas long as short
Coinbase International WTIOIL-PERP-INTX−0.0040%1h93.500+0.139%$404K$931K15xas long as short
OKX CL-USDT-SWAP−0.0036%4h93.360−0.011%$42.6M$101.8M50xas long as short
QFEX CL-USD−0.0032%1h93.380+0.011%$2.3M$2.5M10xas long as short
edgeX CLUSDC−0.0030%4h93.344−0.028%$525K$306K30xas long as short
dYdX WTI-USD0.0000%1h93.405+0.038%$8K$3K5xas long as short
Bybit CLUSDT0.0000%8h93.382+0.013%$27.0M$79.5M150xas long as short
RISEx CL/USDC0.0000%1h93.425+0.059%$3.1M$2.9M20xas long as short
Phoenix WTIOIL0.0000%1h93.410+0.043%$38K$41K20xas long as short
Bullet WTIOIL-USD0.0000%1h93.375+0.005%$18K$240K10xas long as short
gTrade (Gains Network) WTI/USDL 0.0000% / S +0.0036%1h92.910−0.493%$5K150xas long as short
Paradex CL-USD-PERP+0.0021%8h93.383+0.014%$16K$3675xas long as short
Lighter WTI+0.0024%1h93.401+0.033%$11.3M$10.0M20xas long as short
Extended WTI-USD+0.0032%1h93.400+0.032%$2.0M$16.6M10xas long as short
StandX CL-USD+0.0040%1h93.450+0.086%$740K$2.8M40xas long as short
Vest CL-PERP+0.0046%1h93.380+0.011%$313K10xas long as short
Pacifica CL+0.0047%1h93.405+0.037%$332K$577K10xas long as short
Polymarket Perps WTIOIL-USD+0.0050%1h93.366−0.004%$1.7M$1.3M20xas long as short
SoDEX CL-USD+0.0050%1h93.362−0.009%$2.1M$60K20xas long as short
KuCoin CLUSDTM+0.0100%4h93.416+0.049%$7.1M$2.4M50xas long as short
ApeX Omni CLUSDT+0.0100%1h93.440+0.075%$54K$266K50xas long as short
Aevo WTIOIL-PERP+0.0104%1h93.347−0.025%$4K10xas long as short
BloFin CL-USDTlong+0.0202%4h93.370long leg$4.0M$988K50x
Injective WTI/USDC PERPshort+0.0220%1h102.64+9.934%$19K$11K30x
GMX WTIOIL/USD [ETH-USDC]L +0.0241% / S −0.0174%1h93.365−0.005%$84K111xas long as short