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+0.0188%/8h= +20.6% APRnext payment +$0.24 per $10,000 · paid last 24h +0.034%
Price spread now: Injective against Extended+9.863%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 4 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 +$6 a day on $10k at the current rate, and Injective is 9.863% dearer against Extended than usual: you sell high and buy low: +$986 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended WTI-USD93.4300.0032pay 0.0004% / 1h2m 40s$2.0M$16.6M10x
ShortInjective WTI/USDC PERP102.640.0220get 0.0028% / 1h2m 40s$19K$11K30x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Injective against Extended. 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
$39.48
Price spread: +9.863% → 0.000%
$986.3
Slippage, 4 orders
no order book: not counted
Fee Extended: 2.5 bp × 2 orders
−$5
Fee Injective: 0.01 bp × 2 orders
−$0.02
Net
$1,020.76
Costs to cover
0.050%
Break-even
from the start
Slippage unknown: Extended: live order book, 1 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 Extended live order book, 1 min ago0.11 bp3.4 bp −$36.2 bp −$6223.2 bp −$2,320doesn't fit
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%1h93.340−0.096%$196K$377K15xas long as short
GRVT CL_USDT_Perp−0.0274%4h93.368−0.067%$58K$629K25xas long as short
Aster CLUSD1−0.0274%4h93.421−0.010%$24.4M$64.5M20xas long as short
Kraken Futures PF_WTIOILUSD−0.0204%1h93.392−0.040%$285K$959K25xas long as short
Binance CLUSDT−0.0168%4h93.400−0.032%$246.3M$930.9M100xas long as short
Variational Omni CL−0.0163%4h93.349−0.087%$13.4M$10.9Mas long as short
Aftermath Perps WTIUSD−0.0148%1h93.407−0.025%$2K$26K5xas long as short
Bitget CLUSDT−0.0120%4h93.364−0.071%$42.1M$42.7M100xas long as short
Nado WTI-PERP−0.0103%1h93.449+0.020%$971K$629K10xas long as short
Gate CL_USDT−0.0083%8h93.310−0.128%$22.1M$50.5M100xas long as short
Show all 36 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
tradeXYZ xyz:CL−0.0076%1h93.375−0.059%$184.8M$212.3M20xas long as short
Ondo Perps WTI-USD.P−0.0075%1h93.330−0.107%$3.5M$5.4M20xas long as short
Coinbase International WTIOIL-PERP-INTX−0.0040%1h93.500+0.075%$404K$931K15xas long as short
OKX CL-USDT-SWAP−0.0036%4h93.380−0.054%$42.6M$101.8M50xas long as short
QFEX CL-USD−0.0032%1h93.400−0.032%$2.3M$2.5M10xas long as short
edgeX CLUSDC−0.0030%4h93.344−0.092%$525K$306K30xas long as short
dYdX WTI-USD0.0000%1h93.405−0.026%$8K$3K5xas long as short
Bybit CLUSDT0.0000%8h93.420−0.011%$27.0M$79.5M150xas long as short
RISEx CL/USDC0.0000%1h93.452+0.024%$3.1M$2.9M20xas long as short
Phoenix WTIOIL0.0000%1h93.410−0.021%$38K$41K20xas long as short
Bullet WTIOIL-USD0.0000%1h93.375−0.059%$18K$240K10xas long as short
gTrade (Gains Network) WTI/USDL 0.0000% / S +0.0036%1h92.910−0.557%$5K150xas long as short
Paradex CL-USD-PERP+0.0022%8h93.362−0.073%$16K$3675xas long as short
Lighter WTI+0.0024%1h93.382−0.051%$11.3M$10.0M20xas long as short
Extended WTI-USDlong+0.0032%1h93.430long leg$2.0M$16.6M10x
StandX CL-USD+0.0040%1h93.450+0.021%$740K$2.8M40xas long as short
Vest CL-PERP+0.0046%1h93.380−0.054%$313K10xas long as short
Pacifica CL+0.0047%1h93.383−0.050%$332K$577K10xas long as short
Polymarket Perps WTIOIL-USD+0.0050%1h93.366−0.069%$1.7M$1.3M20xas long as short
SoDEX CL-USD+0.0050%1h93.362−0.073%$2.1M$60K20xas long as short
KuCoin CLUSDTM+0.0100%4h93.402−0.030%$7.1M$2.4M50xas long as short
ApeX Omni CLUSDT+0.0100%1h93.440+0.011%$54K$266K50xas long as short
Aevo WTIOIL-PERP+0.0104%1h93.347−0.089%$4K10xas long as short
BloFin CL-USDT+0.0203%4h93.350−0.086%$4.0M$988K50xas long as short
Injective WTI/USDC PERPshort+0.0220%1h102.64+9.863%$19K$11K30x
GMX WTIOIL/USD [ETH-USDC]L +0.0241% / S −0.0174%1h93.365−0.070%$84K111xas long as short