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

CL

RWAall CL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC+0.0018%/8h= +2.0% APRnext payment +$0.02 per $10,000 · paid last 24h +0.006%
Price spread now: SoDEX against Extended−0.086%7-day average −0.007% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$53as in the Price arb table
costs, in and out, $10k−$450.449% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)−0.134%−$13 on $10k
Price spread, last 3 days (all we have)+0.054%+$5 · spread now −0.086%, 7d avg −0.007%
Together, before fees−0.081%+ Points / potential airdropExtended: Active · farm board−$8 on $10k · with fees, hour by hour
Funding pays, the price is against you. SoDEX is 0.079% cheaper against Extended than usual: you would sell low and buy high (spread −0.086% now, against its 7-day average of −0.007%). If the spread goes back, that is −$8 on $10k: about 15 days of funding at the current rate (+$1 a day). Mind the row above: over the last 3 days funding on this pair cost −0.134%, so the current rate has only just turned in your favour.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended WTI-USD92.2900.0032pay 0.0004% / 1h47m 31s$2.0M$26.9M10x
ShortSoDEX CL-USD92.2110.0050get 0.0006% / 1h47m 31s$2.0M$39K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SoDEX 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
$3.78
Price spread: −0.086% → −0.007%
−$7.89
Slippage, 4 orders
−$31.91
Fee Extended: 2.5 bp × 2 orders
−$5
Fee SoDEX: 4 bp × 2 orders
−$8
Net
−$49.02
Costs to cover
0.449%
Break-even
97.8 days
Slippage from Extended: live order book, 2 min ago; SoDEX: live order book, 1 min ago.

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, 2 min ago0.05 bp3.4 bp −$36.7 bp −$6723.1 bp −$2,310doesn't fit
Sell SoDEX live order book, 1 min ago0.54 bp18.9 bp −$1985.2 bp −$852doesn't fitdoesn't fit

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
GRVT CL_USDT_Perp−0.0532%4h92.209−0.088%$58K$693K25xas long as short
Aster CLUSD1−0.0325%4h92.260−0.033%$23.9M$80.0M20xas long as short
Gate CL_USDT−0.0260%8h92.180−0.119%$21.3M$54.4M100xas long as short
Binance CLUSDT−0.0256%4h92.260−0.033%$245.3M$1.08B100xas long as short
Variational Omni CL−0.0236%4h92.101−0.205%$13.2M$12.7Mas long as short
Deribit WTIOIL_USDC-PERPETUAL−0.0184%1h92.230−0.065%$96K$189K15xas long as short
Kraken Futures PF_WTIOILUSD−0.0120%1h92.230−0.065%$273K$1.2M25xas long as short
Nado WTI-PERP−0.0114%1h92.301+0.012%$925K$733K10xas long as short
Ondo Perps WTI-USD.P−0.0100%1h92.200−0.098%$3.5M$6.2M20xas long as short
Bybit CLUSDT−0.0093%8h92.260−0.033%$26.0M$93.7M150xas long as short
Show all 36 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
tradeXYZ xyz:CL−0.0053%1h92.273−0.018%$186.3M$261.7M20xas long as short
Lighter WTI−0.0040%1h92.254−0.039%$11.2M$10.0M20xas long as short
Coinbase International WTIOIL-PERP-INTX−0.0040%1h92.030−0.282%$399K$960K15xas long as short
QFEX CL-USD−0.0040%1h92.240−0.054%$2.4M$2.2M10xas long as short
Paradex CL-USD-PERP−0.0033%8h92.226−0.069%$15K$3675xas long as short
dYdX WTI-USD0.0000%1h92.235−0.059%$8K$3K5xas long as short
OKX CL-USDT-SWAP0.0000%4h92.230−0.065%$42.9M$111.2M50xas long as short
RISEx CL/USDC0.0000%1h92.361+0.077%$3.3M$2.7M20xas long as short
Bitget CLUSDT0.0000%4h92.248−0.046%$41.9M$51.4M100xas long as short
Phoenix WTIOIL0.0000%1h92.210−0.087%$37K$66K20xas long as short
Bullet WTIOIL-USD0.0000%1h92.255−0.037%$18K$241K10xas long as short
gTrade (Gains Network) WTI/USDL 0.0000% / S +0.0036%1h91.813−0.517%$5K150xas long as short
edgeX CLUSDC+0.0020%4h92.197−0.101%$530K$307K30xas long as short
Extended WTI-USDlong+0.0032%1h92.290long leg$2.0M$26.9M10x
StandX CL-USD+0.0040%1h92.160−0.141%$721K$3.1M40xas long as short
Vest CL-PERP+0.0046%1h92.280−0.011%$310K10xas long as short
Polymarket Perps WTIOIL-USD+0.0050%1h92.262−0.030%$1.6M$1.4M20xas long as short
SoDEX CL-USDshort+0.0050%1h92.211−0.086%$2.0M$39K20x
Pacifica CL+0.0100%1h92.256−0.037%$353K$596K10xas long as short
KuCoin CLUSDTM+0.0100%4h92.257−0.036%$7.2M$2.3M50xas long as short
ApeX Omni CLUSDT+0.0100%1h92.180−0.119%$56K$265K50xas long as short
Aevo WTIOIL-PERP+0.0104%1h92.195−0.103%$4K10xas long as short
GMX WTIOIL/USD [ETH-USDC]L +0.0206% / S −0.0131%1h92.255−0.038%$78K111xas long as short
Injective WTI/USDC PERP+0.0220%1h101.38+9.852%$19K$11K30xas long as short
BloFin CL-USDT+0.0240%4h92.180−0.119%$4.0M$1.4M50xas long as short
Aftermath Perps WTIUSD+0.0397%1h92.209−0.087%$2K$29K5xas long as short