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

CL

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Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC+0.0032%/8h= +3.5% APRnext payment +$0.04 per $10,000 · paid last 24h +0.008%
Price spread now: Extended against dYdX+0.026%7-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 6 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropExtended: Active · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Extended is 0.026% dearer against dYdX than usual: you sell high and buy low: +$3 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongdYdX WTI-USD93.4050get 0.0000% / 1h3m 51s$8K$3K5x
ShortExtended WTI-USD93.4300.0032get 0.0004% / 1h3m 51s$2.0M$16.6M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended against dYdX. 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
$6.72
Price spread: +0.026% → 0.000%
$2.65
Slippage, 4 orders
no order book: not counted
Fee dYdX: 5 bp × 2 orders
−$10
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$5.63
Costs to cover
0.150%
Break-even
12.9 days
Slippage unknown: dYdX: no order-book sample; Extended: live order book, 5 min ago. 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 dYdX no order-book sample
Sell Extended live order book, 5 min ago0.11 bp3.3 bp −$36.1 bp −$6123.4 bp −$2,345doesn't fit
dYdX: 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−0.0285%1h93.390−0.016%$196K$377K15xas long as short
Aster CLUSD1−0.0274%4h93.426+0.023%$24.4M$64.5M20xas long as short
GRVT CL_USDT_Perp−0.0274%4h93.368−0.040%$58K$629K25xas long as short
Kraken Futures PF_WTIOILUSD−0.0204%1h93.437+0.034%$285K$959K25xas long as short
Binance CLUSDT−0.0169%4h93.396−0.010%$246.3M$931.3M100xas long as short
Variational Omni CL−0.0163%4h93.349−0.061%$13.4M$10.9Mas long as short
Aftermath Perps WTIUSD−0.0148%1h93.406+0.001%$2K$26K5xas long as short
Bitget CLUSDT−0.0120%4h93.382−0.025%$42.1M$42.7M100xas long as short
Nado WTI-PERP−0.0105%1h93.458+0.056%$971K$630K10xas long as short
Gate CL_USDT−0.0083%8h93.330−0.081%$22.1M$50.4M100xas long as short
Show all 36 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Ondo Perps WTI-USD.P−0.0077%1h93.310−0.102%$3.5M$5.4M20xas long as short
tradeXYZ xyz:CL−0.0076%1h93.380−0.027%$184.8M$212.3M20xas long as short
Coinbase International WTIOIL-PERP-INTX−0.0040%1h93.500+0.101%$404K$931K15xas long as short
OKX CL-USDT-SWAP−0.0037%4h93.410+0.005%$42.6M$101.9M50xas long as short
QFEX CL-USD−0.0032%1h93.400−0.006%$2.3M$2.5M10xas long as short
edgeX CLUSDC−0.0001%4h93.375−0.032%$525K$306K30xas long as short
dYdX WTI-USDlong0.0000%1h93.405long leg$8K$3K5x
Bybit CLUSDT0.0000%8h93.420+0.016%$27.0M$79.5M150xas long as short
RISEx CL/USDC0.0000%1h93.463+0.062%$3.1M$2.9M20xas long as short
Phoenix WTIOIL0.0000%1h93.540+0.144%$38K$41K20xas long as short
Bullet WTIOIL-USD0.0000%1h93.422+0.018%$18K$240K10xas long as short
gTrade (Gains Network) WTI/USDL 0.0000% / S +0.0036%1h92.961−0.476%$5K150xas long as short
Paradex CL-USD-PERP+0.0021%8h93.393−0.013%$16K$3675xas long as short
Lighter WTI+0.0024%1h93.413+0.008%$11.3M$10.0M20xas long as short
Extended WTI-USDshort+0.0032%1h93.430+0.026%$2.0M$16.6M10x
StandX CL-USD+0.0040%1h93.410+0.005%$739K$2.8M40xas long as short
Vest CL-PERP+0.0046%1h93.400−0.006%$313K10xas long as short
Pacifica CL+0.0047%1h93.407+0.002%$332K$577K10xas long as short
Polymarket Perps WTIOIL-USD+0.0050%1h93.403−0.002%$1.7M$1.3M20xas long as short
SoDEX CL-USD+0.0050%1h93.418+0.014%$2.1M$60K20xas long as short
KuCoin CLUSDTM+0.0098%4h93.418+0.014%$7.1M$2.4M50xas long as short
ApeX Omni CLUSDT+0.0100%1h93.460+0.059%$54K$266K50xas long as short
Aevo WTIOIL-PERP+0.0104%1h93.384−0.022%$4K10xas long as short
BloFin CL-USDT+0.0202%4h93.370−0.038%$4.0M$988K50xas long as short
Injective WTI/USDC PERP+0.0220%1h102.64+9.892%$19K$11K30xas long as short
GMX WTIOIL/USD [ETH-USDC]L +0.0241% / S −0.0174%1h93.415+0.010%$84K111xas long as short