Funding you earn now, next payment 06:00 UTC−0.0078%/8h= −8.5% APRnext payment −$0.10 per $10,000 · paid last 24h −0.009%
Price spread now: Ondo Perps against Coinbase International+0.043%7-day average +0.070% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.290%+$29 on $10k
+Price spread, last 4 days (all we have)−0.003%$0 · spread now +0.043%, 7d avg +0.070%
=Together, before fees+0.288%+ Points / potential airdropOndo Perps: Active · farm board+$29 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 0.027% cheaper against Coinbase International than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of +0.070%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.290%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Coinbase International WTIOIL-PERP-INTX | 93.500 | −0.0008 | get 0.0001% / 1h | 41m 35s | $404K | $931K | 15x |
| Short | Ondo Perps WTI-USD.P | 93.540 | −0.0086 | pay 0.0011% / 1h | 41m 35s | $3.5M | $5.4M | 20x |
Coinbase International WTIOIL-PERP-INTX
Ondo Perps WTI-USD.PFunding history
latest
Range statsloading…
Price spread between the two exchanges
Ondo Perps against Coinbase International. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$16.3
- Price spread: +0.043% → +0.070%
- −$2.69
- Slippage, 4 orders
- no order book: not counted
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Net
- −$33.99
- Costs to cover
- 0.150%
- Break-even
- never at this rate
Slippage unknown: Coinbase International: live order book, 42 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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Coinbase International live order book, 42 min ago | 1.61 bp | 8.6 bp −$9 | 11.0 bp −$110 | doesn't fit | doesn'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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Deribit WTIOIL_USDC-PERPETUAL | −0.0498% | 1h | 93.570 | +0.075% | $196K | $381K | 15x | as long as short |
| Aster CLUSD1 | −0.0261% | 4h | 93.630 | +0.139% | $24.5M | $65.3M | 20x | as long as short |
| GRVT CL_USDT_Perp | −0.0244% | 4h | 93.633 | +0.142% | $58K | $629K | 25x | as long as short |
| Binance CLUSDT | −0.0145% | 4h | 93.590 | +0.096% | $246.2M | $924.8M | 100x | as long as short |
| Aftermath Perps WTIUSD | −0.0139% | 1h | 93.649 | +0.159% | $2K | $26K | 5x | as long as short |
| Kraken Futures PF_WTIOILUSD | −0.0137% | 1h | 93.617 | +0.125% | $286K | $956K | 25x | as long as short |
| Variational Omni CL | −0.0135% | 4h | 93.599 | +0.105% | $13.5M | $10.7M | — | as long as short |
| Bitget CLUSDT | −0.0102% | 4h | 93.579 | +0.084% | $42.2M | $42.4M | 100x | as long as short |
| Gate CL_USDT | −0.0098% | 8h | 93.510 | +0.011% | $22.3M | $48.7M | 100x | as long as short |
| Ondo Perps WTI-USD.Pshort | −0.0086% | 1h | 93.540 | +0.043% | $3.5M | $5.4M | 20x |
Deribit WTIOIL_USDC-PERPETUAL
Aster CLUSD1
GRVT CL_USDT_Perp
Binance CLUSDT
Aftermath Perps WTIUSD
Kraken Futures PF_WTIOILUSD
Variational Omni CL
Bitget CLUSDT
Gate CL_USDTShow all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| tradeXYZ xyz:CL | −0.0058% | 1h | 93.605 | +0.112% | $185.0M | $211.0M | 20x | as long as short |
| edgeX CLUSDC | −0.0055% | 4h | 93.649 | +0.160% | $526K | $307K | 30x | as long as short |
| Nado WTI-PERP | −0.0037% | 1h | 93.692 | +0.206% | $966K | $627K | 10x | as long as short |
| QFEX CL-USD | −0.0023% | 1h | 93.590 | +0.096% | $2.3M | $2.5M | 10x | as long as short |
| OKX CL-USDT-SWAP | −0.0014% | 4h | 93.590 | +0.096% | $42.6M | $101.8M | 50x | as long as short |
| Coinbase International WTIOIL-PERP-INTXlong | −0.0008% | 1h | 93.500 | long leg | $404K | $931K | 15x | |
| dYdX WTI-USD | 0.0000% | 1h | 93.651 | +0.161% | $8K | $3K | 5x | as long as short |
| Bybit CLUSDT | 0.0000% | 8h | 93.598 | +0.105% | $27.0M | $79.4M | 150x | as long as short |
| RISEx CL/USDC | 0.0000% | 1h | 93.639 | +0.149% | $3.1M | $2.8M | 20x | as long as short |
| Phoenix WTIOIL | 0.0000% | 1h | 93.640 | +0.150% | $37K | $39K | 20x | as long as short |
| Bullet WTIOIL-USD | 0.0000% | 1h | 93.638 | +0.148% | $18K | $240K | 10x | as long as short |
| gTrade (Gains Network) WTI/USD | L 0.0000% / S +0.0036% | 1h | 93.166 | −0.357% | $5K | — | 150x | as long as short |
| Paradex CL-USD-PERP | +0.0029% | 8h | 93.589 | +0.095% | $16K | $367 | 5x | as long as short |
| Lighter WTI | +0.0032% | 1h | 93.589 | +0.095% | $11.3M | $9.6M | 20x | as long as short |
| Extended WTI-USD | +0.0032% | 1h | 93.630 | +0.139% | $2.0M | $16.1M | 10x | as long as short |
| StandX CL-USD | +0.0040% | 1h | 93.680 | +0.193% | $742K | $2.8M | 40x | as long as short |
| Vest CL-PERP | +0.0046% | 1h | 93.650 | +0.160% | — | $313K | 10x | as long as short |
| Polymarket Perps WTIOIL-USD | +0.0050% | 1h | 93.636 | +0.145% | $1.7M | $1.3M | 20x | as long as short |
| SoDEX CL-USD | +0.0050% | 1h | 93.621 | +0.129% | $2.1M | $60K | 20x | as long as short |
| Pacifica CL | +0.0100% | 1h | 93.594 | +0.100% | $333K | $576K | 10x | as long as short |
| KuCoin CLUSDTM | +0.0100% | 4h | 93.611 | +0.119% | $7.1M | $2.4M | 50x | as long as short |
| ApeX Omni CLUSDT | +0.0100% | 1h | 93.680 | +0.193% | $54K | $266K | 50x | as long as short |
| Aevo WTIOIL-PERP | +0.0104% | 1h | 93.583 | +0.088% | $4K | — | 10x | as long as short |
| Injective WTI/USDC PERP | +0.0220% | 1h | 102.74 | +9.887% | $19K | $11K | 30x | as long as short |
| BloFin CL-USDT | +0.0226% | 4h | 93.640 | +0.150% | $4.0M | $978K | 50x | as long as short |
| GMX WTIOIL/USD [ETH-USDC] | L +0.0246% / S −0.0179% | 1h | 93.615 | +0.123% | $84K | — | 111x | as long as short |
tradeXYZ xyz:CL
edgeX CLUSDC
Nado WTI-PERP
QFEX CL-USD
OKX CL-USDT-SWAP
dYdX WTI-USD
Bybit CLUSDT
RISEx CL/USDC
Phoenix WTIOIL
Bullet WTIOIL-USD
gTrade (Gains Network) WTI/USD
Paradex CL-USD-PERP
Lighter WTI
Extended WTI-USD
StandX CL-USD
Vest CL-PERP
Polymarket Perps WTIOIL-USD
SoDEX CL-USD
Pacifica CL
KuCoin CLUSDTM
ApeX Omni CLUSDT
Aevo WTIOIL-PERP
Injective WTI/USDC PERP
BloFin CL-USDT
GMX WTIOIL/USD [ETH-USDC]