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

CL

RWAall CL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0016%/8h= +1.7% APRnext payment +$0.02 per $10,000 · paid last 24h +0.002%
Price spread now: Coinbase International against gTrade (Gains Network)+0.839%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 1 day (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work for this trade now. Funding pays $0 a day on $10k at the current rate, and Coinbase International is 0.839% dearer against gTrade (Gains Network) than usual: you sell high and buy low: +$84 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LonggTrade (Gains Network) WTI/USD92.385L 0.0000% / S +0.0036%pay 0.0000% / 1h36m 27s$5K150x
ShortCoinbase International WTIOIL-PERP-INTX93.1600.0016get 0.0002% / 1h36m 27s$404K$794K15x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Coinbase International against gTrade (Gains Network). 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
$3.33
Price spread: +0.839% → 0.000%
$83.89
Slippage, 4 orders
no order book: not counted
Fee gTrade (Gains Network): 4 bp × 2 orders
−$8
Fee Coinbase International: 5 bp × 2 orders
−$10
Net
$69.21
Costs to cover
0.180%
Break-even
from the start
Slippage unknown: gTrade (Gains Network): no order-book sample; Coinbase International: live order book, 37 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 gTrade (Gains Network) no order-book sample
Sell Coinbase International live order book, 37 min ago1.08 bp8.2 bp −$89.8 bp −$98doesn't fitdoesn't fit
gTrade (Gains Network): 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−0.0504%1h92.770+0.417%$187K$409K15xas long as short
Kraken Futures PF_WTIOILUSD−0.0314%1h92.830+0.482%$269K$932K25xas long as short
Aster CLUSD1−0.0227%4h92.862+0.517%$24.8M$60.5M20xas long as short
Gate CL_USDT−0.0226%8h92.780+0.428%$23.4M$49.4M100xas long as short
Binance CLUSDT−0.0129%4h92.842+0.495%$245.3M$931.6M100xas long as short
Variational Omni CL−0.0117%4h92.920+0.579%$13.5M$10.7Mas long as short
GRVT CL_USDT_Perp−0.0104%4h92.790+0.439%$75K$624K25xas long as short
Nado WTI-PERP−0.0100%1h92.851+0.505%$950K$604K10xas long as short
Bitget CLUSDT−0.0080%4h92.846+0.499%$42.0M$41.7M100xas long as short
Aftermath Perps WTIUSD−0.0076%1h92.921+0.580%$2K$27K5xas long as short
Show all 36 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX CL-USDT-SWAP−0.0049%4h92.810+0.460%$42.5M$102.6M50xas long as short
QFEX CL-USD−0.0026%1h92.830+0.482%$2.3M$2.4M10xas long as short
tradeXYZ xyz:CL−0.0016%1h92.820+0.471%$184.2M$191.5M20xas long as short
edgeX CLUSDC−0.0007%4h92.845+0.498%$542K$342K30xas long as short
dYdX WTI-USD0.0000%1h92.843+0.496%$8K$3K5xas long as short
Bybit CLUSDT0.0000%8h92.846+0.499%$27.4M$80.7M150xas long as short
RISEx CL/USDC0.0000%1h92.842+0.495%$3.0M$2.8M20xas long as short
Bullet WTIOIL-USD0.0000%1h92.821+0.471%$18K$240K10xas long as short
gTrade (Gains Network) WTI/USDlongL 0.0000% / S +0.0036%1h92.385long leg$5K150x
Phoenix WTIOIL+0.0009%1h92.930+0.590%$37K$39K20xas long as short
Paradex CL-USD-PERP+0.0014%8h92.827+0.479%$16K$3675xas long as short
Coinbase International WTIOIL-PERP-INTXshort+0.0016%1h93.160+0.839%$404K$794K15x
Ondo Perps WTI-USD.P+0.0027%1h92.780+0.428%$3.6M$5.2M20xas long as short
Lighter WTI+0.0032%1h92.817+0.468%$11.3M$8.8M20xas long as short
Extended WTI-USD+0.0032%1h92.870+0.525%$1.7M$14.4M10xas long as short
StandX CL-USD+0.0040%1h92.910+0.568%$732K$2.8M40xas long as short
Vest CL-PERP+0.0046%1h92.830+0.482%$313K10xas long as short
Polymarket Perps WTIOIL-USD+0.0050%1h92.849+0.502%$1.6M$1.2M20xas long as short
SoDEX CL-USD+0.0050%1h92.803+0.452%$2.1M$69K20xas long as short
Pacifica CL+0.0100%1h92.844+0.497%$346K$589K10xas long as short
KuCoin CLUSDTM+0.0100%4h92.862+0.516%$7.0M$2.5M50xas long as short
ApeX Omni CLUSDT+0.0100%1h92.840+0.493%$54K$267K50xas long as short
Aevo WTIOIL-PERP+0.0104%1h92.778+0.426%$4K10xas long as short
GMX WTIOIL/USD [ETH-USDC]L +0.0166% / S 0.0000%1h92.805+0.455%$85K111xas long as short
BloFin CL-USDT+0.0191%4h92.840+0.493%$4.0M$1.0M50xas long as short
Injective WTI/USDC PERP+0.0220%1h102.13+10.553%$19K$5K30xas long as short