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

CL

RWAall CL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC−0.0150%/8h= −16.4% APRnext payment $0.19 per $10,000 · paid last 24h −0.013%
Price spread now: Ondo Perps against Extended−0.139%7-day average −0.031% · 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 7 days−0.018%−$2 on $10k
Price spread, last 7 days+0.030%+$3 · spread now −0.139%, 7d avg −0.031%
Together, before fees+0.012%+ Points / potential airdropExtended: Active · Ondo Perps: Active · farm board+$1 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and Ondo Perps is 0.109% cheaper against Extended than usual: you would sell low and buy high (−$11 if the spread goes back to its 7-day average of −0.031%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended WTI-USD93.2700.0016pay 0.0002% / 1h16m 02s$2.0M$18.6M10x
ShortOndo Perps WTI-USD.P93.140−0.0134pay 0.0017% / 1h16m 02s$3.5M$5.4M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Ondo Perps 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
−$31.42
Price spread: −0.139% → −0.031%
−$10.85
Slippage, 4 orders
no order book: not counted
Fee Extended: 2.5 bp × 2 orders
−$5
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Net
−$52.27
Costs to cover
0.100%
Break-even
never at this rate
Slippage unknown: Extended: live order book, 3 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
LegHalf-spread$10k$100k$1M$5M
Buy Extended live order book, 3 min ago0.05 bp2.9 bp −$34.7 bp −$4721.1 bp −$2,113doesn'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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Deribit WTIOIL_USDC-PERPETUAL−0.0608%1h93.170−0.107%$199K$370K15xas long as short
GRVT CL_USDT_Perp−0.0326%4h93.123−0.158%$54K$645K25xas long as short
Aster CLUSD1−0.0279%4h93.247−0.024%$24.3M$66.0M20xas long as short
Binance CLUSDT−0.0186%4h93.230−0.043%$246.1M$940.1M100xas long as short
Variational Omni CL−0.0172%4h93.189−0.087%$13.4M$10.9Mas long as short
Ondo Perps WTI-USD.Pshort−0.0134%1h93.140−0.139%$3.5M$5.4M20x
Bitget CLUSDT−0.0132%4h93.217−0.057%$42.0M$43.2M100xas long as short
Aftermath Perps WTIUSD−0.0125%1h93.207−0.068%$2K$27K5xas long as short
Nado WTI-PERP−0.0118%1h93.272+0.003%$964K$629K10xas long as short
Gate CL_USDT−0.0067%8h93.150−0.129%$21.3M$51.5M100xas long as short
Show all 36 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_WTIOILUSD−0.0061%1h93.221−0.053%$281K$958K25xas long as short
OKX CL-USDT-SWAP−0.0060%4h93.210−0.064%$42.7M$102.9M50xas long as short
tradeXYZ xyz:CL−0.0055%1h93.223−0.050%$184.5M$217.7M20xas long as short
Coinbase International WTIOIL-PERP-INTX−0.0040%1h93.160−0.118%$403K$929K15xas long as short
QFEX CL-USD−0.0033%1h93.190−0.086%$2.3M$1.9M10xas long as short
Paradex CL-USD-PERP−0.0027%8h93.191−0.084%$16K$3675xas long as short
edgeX CLUSDC−0.0025%4h93.146−0.133%$524K$306K30xas long as short
Phoenix WTIOIL−0.0009%1h93.260−0.011%$37K$41K20xas long as short
dYdX WTI-USD0.0000%1h93.255−0.017%$8K$3K5xas long as short
Bybit CLUSDT0.0000%8h93.232−0.041%$26.8M$80.5M150xas long as short
RISEx CL/USDC0.0000%1h93.276+0.006%$3.1M$2.9M20xas long as short
Bullet WTIOIL-USD0.0000%1h93.212−0.062%$19K$241K10xas long as short
gTrade (Gains Network) WTI/USDL 0.0000% / S +0.0036%1h92.769−0.537%$5K150xas long as short
KuCoin CLUSDTM+0.0004%4h93.234−0.039%$7.1M$2.4M50xas long as short
Lighter WTI+0.0008%1h93.203−0.072%$11.2M$10.3M20xas long as short
Extended WTI-USDlong+0.0016%1h93.270long leg$2.0M$18.6M10x
StandX CL-USD+0.0040%1h93.150−0.129%$736K$2.9M40xas long as short
Vest CL-PERP+0.0046%1h93.230−0.043%$313K10xas long as short
Polymarket Perps WTIOIL-USD+0.0050%1h93.210−0.064%$1.7M$1.3M20xas long as short
SoDEX CL-USD+0.0050%1h93.201−0.074%$2.1M$60K20xas long as short
Pacifica CL+0.0100%1h93.208−0.066%$331K$579K10xas long as short
ApeX Omni CLUSDT+0.0100%1h93.250−0.021%$54K$266K50xas long as short
Aevo WTIOIL-PERP+0.0104%1h93.170−0.107%$4K10xas long as short
BloFin CL-USDT+0.0181%4h93.180−0.096%$4.0M$999K50xas long as short
Injective WTI/USDC PERP+0.0220%1h102.37+9.758%$19K$11K30xas long as short
GMX WTIOIL/USD [ETH-USDC]L +0.0223% / S −0.0151%1h93.205−0.070%$81K111xas long as short