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+0.0050%/8h= +5.5% APRnext payment +$0.06 per $10,000 · paid last 24h +0.016%
Price spread now: SoDEX against gTrade (Gains Network)+0.476%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 +$1 a day on $10k at the current rate, and SoDEX is 0.476% dearer against gTrade (Gains Network) than usual: you sell high and buy low: +$48 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/USD92.915L 0.0000% / S +0.0036%pay 0.0000% / 1h3m 57s$5K150x
ShortSoDEX CL-USD93.3570.0050get 0.0006% / 1h3m 57s$2.1M$60K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SoDEX 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
$10.47
Price spread: +0.476% → 0.000%
$47.57
Slippage, 4 orders
no order book: not counted
Fee gTrade (Gains Network): 4 bp × 2 orders
−$8
Fee SoDEX: 4 bp × 2 orders
−$8
Net
$42.04
Costs to cover
0.160%
Break-even
from the start
Slippage unknown: gTrade (Gains Network): no order-book sample; SoDEX: live order book, 5 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 SoDEX live order book, 5 min ago1.02 bp19.1 bp −$1997.4 bp −$974doesn'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−0.0607%1h93.320+0.436%$198K$371K15xas long as short
GRVT CL_USDT_Perp−0.0332%4h93.337+0.454%$58K$654K25xas long as short
Aster CLUSD1−0.0285%4h93.370+0.490%$24.3M$65.8M20xas long as short
Binance CLUSDT−0.0189%4h93.350+0.469%$246.5M$939.5M100xas long as short
Variational Omni CL−0.0175%4h93.319+0.434%$13.3M$10.9Mas long as short
Aftermath Perps WTIUSD−0.0146%1h93.300+0.415%$2K$26K5xas long as short
Ondo Perps WTI-USD.P−0.0129%1h93.280+0.393%$3.5M$5.4M20xas long as short
Bitget CLUSDT−0.0128%4h93.341+0.458%$42.0M$43.2M100xas long as short
Nado WTI-PERP−0.0107%1h93.413+0.537%$966K$628K10xas long as short
edgeX CLUSDC−0.0079%4h93.332+0.449%$525K$306K30xas long as short
Show all 36 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate CL_USDT−0.0070%8h93.300+0.414%$21.4M$51.6M100xas long as short
OKX CL-USDT-SWAP−0.0066%4h93.360+0.479%$42.7M$103.2M50xas long as short
tradeXYZ xyz:CL−0.0062%1h93.355+0.474%$184.7M$217.1M20xas long as short
Kraken Futures PF_WTIOILUSD−0.0061%1h93.383+0.503%$282K$961K25xas long as short
Coinbase International WTIOIL-PERP-INTX−0.0040%1h93.160+0.264%$403K$929K15xas long as short
QFEX CL-USD−0.0033%1h93.340+0.457%$2.3M$2.0M10xas long as short
Paradex CL-USD-PERP−0.0019%8h93.346+0.464%$16K$3675xas long as short
Phoenix WTIOIL−0.0009%1h93.370+0.490%$37K$41K20xas long as short
Lighter WTI0.0000%1h93.352+0.470%$11.2M$10.4M20xas long as short
dYdX WTI-USD0.0000%1h93.329+0.446%$8K$3K5xas long as short
Bybit CLUSDT0.0000%8h93.370+0.490%$26.9M$80.0M150xas long as short
RISEx CL/USDC0.0000%1h93.408+0.531%$3.1M$2.9M20xas long as short
Bullet WTIOIL-USD0.0000%1h93.358+0.477%$19K$241K10xas long as short
gTrade (Gains Network) WTI/USDlongL 0.0000% / S +0.0036%1h92.915long leg$5K150x
Extended WTI-USD+0.0016%1h93.410+0.533%$2.0M$18.3M10xas long as short
KuCoin CLUSDTM+0.0022%4h93.388+0.509%$7.1M$2.4M50xas long as short
StandX CL-USD+0.0040%1h93.150+0.253%$736K$2.9M40xas long as short
Vest CL-PERP+0.0046%1h93.370+0.490%$313K10xas long as short
Polymarket Perps WTIOIL-USD+0.0050%1h93.356+0.475%$1.7M$1.3M20xas long as short
SoDEX CL-USDshort+0.0050%1h93.357+0.476%$2.1M$60K20x
Pacifica CL+0.0100%1h93.355+0.474%$331K$579K10xas long as short
ApeX Omni CLUSDT+0.0100%1h93.320+0.436%$54K$267K50xas long as short
Aevo WTIOIL-PERP+0.0104%1h93.328+0.445%$4K10xas long as short
BloFin CL-USDT+0.0175%4h93.350+0.468%$4.0M$990K50xas long as short
Injective WTI/USDC PERP+0.0220%1h102.37+10.177%$19K$11K30xas long as short
GMX WTIOIL/USD [ETH-USDC]L +0.0225% / S −0.0153%1h93.355+0.474%$81K111xas long as short