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

CL

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Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0050%/8h= +5.5% APRnext payment +$0.06 per $10,000 · paid last 24h +0.015%
Price spread now: SoDEX against dYdX−0.078%7-day average · 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)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Funding pays, the price is against you. SoDEX is 0.078% cheaper against dYdX than usual: you would sell low and buy high (spread −0.078% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$8 on $10k: about 5.2 days of funding at the current rate (+$2 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongdYdX WTI-USD92.9370get 0.0000% / 1h5m 49s$8K$3K5x
ShortSoDEX CL-USD92.8640.0050get 0.0006% / 1h5m 49s$2.1M$60K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SoDEX 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
$10.5
Price spread: −0.078% → 0.000%
−$7.81
Slippage, 4 orders
no order book: not counted
Fee dYdX: 5 bp × 2 orders
−$10
Fee SoDEX: 4 bp × 2 orders
−$8
Net
−$15.31
Costs to cover
0.180%
Break-even
17.2 days
Slippage unknown: dYdX: no order-book sample; SoDEX: live order book, 3 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 SoDEX live order book, 3 min ago1.02 bp19.3 bp −$1997.5 bp −$975doesn't fitdoesn'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−0.0611%1h92.820−0.125%$198K$370K15xas long as short
Aster CLUSD1−0.0276%4h92.882−0.059%$24.0M$66.4M20xas long as short
GRVT CL_USDT_Perp−0.0246%4h92.887−0.053%$64K$648K25xas long as short
Kraken Futures PF_WTIOILUSD−0.0196%1h92.872−0.070%$272K$874K25xas long as short
Binance CLUSDT−0.0188%4h92.874−0.067%$244.4M$944.0M100xas long as short
Variational Omni CL−0.0179%4h92.839−0.105%$13.5M$10.8Mas long as short
Bitget CLUSDT−0.0130%4h92.865−0.077%$42.0M$43.5M100xas long as short
tradeXYZ xyz:CL−0.0116%1h92.855−0.088%$187.8M$216.6M20xas long as short
Aftermath Perps WTIUSD−0.0106%1h92.906−0.033%$2K$27K5xas long as short
Ondo Perps WTI-USD.P−0.0091%1h92.810−0.136%$3.5M$5.4M20xas long as short
Show all 36 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX CL-USDT-SWAP−0.0058%4h92.880−0.061%$42.5M$102.6M50xas long as short
Coinbase International WTIOIL-PERP-INTX−0.0048%1h92.750−0.201%$402K$944K15xas long as short
Gate CL_USDT−0.0046%8h92.800−0.147%$20.8M$52.3M100xas long as short
QFEX CL-USD−0.0043%1h92.850−0.093%$2.3M$1.8M10xas long as short
Nado WTI-PERP−0.0036%1h92.920−0.018%$962K$647K10xas long as short
KuCoin CLUSDTM−0.0032%4h92.863−0.079%$7.1M$2.4M50xas long as short
edgeX CLUSDC−0.0003%4h92.895−0.045%$526K$303K30xas long as short
Lighter WTI0.0000%1h92.863−0.079%$11.2M$10.6M20xas long as short
dYdX WTI-USDlong0.0000%1h92.937long leg$8K$3K5x
Bybit CLUSDT0.0000%8h92.867−0.075%$26.6M$80.5M150xas long as short
RISEx CL/USDC0.0000%1h92.924−0.013%$3.1M$2.9M20xas long as short
Phoenix WTIOIL0.0000%1h92.940+0.004%$37K$42K20xas long as short
Bullet WTIOIL-USD0.0000%1h92.858−0.085%$19K$241K10xas long as short
gTrade (Gains Network) WTI/USDL 0.0000% / S +0.0036%1h92.435−0.540%$5K150xas long as short
Paradex CL-USD-PERP+0.0004%8h92.838−0.107%$16K$3675xas long as short
Extended WTI-USD+0.0032%1h92.910−0.029%$2.0M$20.3M10xas long as short
StandX CL-USD+0.0040%1h92.860−0.082%$734K$2.9M40xas long as short
Vest CL-PERP+0.0046%1h92.880−0.061%$310K10xas long as short
Polymarket Perps WTIOIL-USD+0.0050%1h92.860−0.082%$1.7M$1.3M20xas long as short
SoDEX CL-USDshort+0.0050%1h92.864−0.078%$2.1M$60K20x
Pacifica CL+0.0068%1h92.862−0.080%$330K$622K10xas long as short
ApeX Omni CLUSDT+0.0100%1h92.950+0.014%$56K$266K50xas long as short
Aevo WTIOIL-PERP+0.0104%1h92.833−0.111%$4K10xas long as short
BloFin CL-USDT+0.0182%4h92.880−0.061%$4.0M$1.1M50xas long as short
GMX WTIOIL/USD [ETH-USDC]L +0.0217% / S −0.0144%1h92.855−0.088%$81K111xas long as short
Injective WTI/USDC PERP+0.0220%1h102.25+10.022%$19K$11K30xas long as short