Funding you earn now, next payment 06:00 UTC−0.0351%/8h= −38.4% APRnext payment −$0.44 per $10,000 · paid last 24h −0.059%
Price spread now: Nado against Injective−8.954%49s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work against this trade now: funding costs −$11 a day on $10k at the current rate, and Nado is 8.954% cheaper against Injective than usual: you would sell low and buy high (−$895 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 49 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Injective WTI/USDC PERP | 102.57 | 0.0220 | pay 0.0028% / 1h | 47m 47s | $19K | $11K | 30x |
| Short | Nado WTI-PERP | 93.388 | −0.0131 | pay 0.0016% / 1h | 47m 47s | $967K | $621K | 10x |
Injective WTI/USDC PERP
Nado WTI-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Nado against Injective. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$73.64
- Price spread: −8.954% → 0.000%
- −$895.39
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Net
- −$976.05
- Costs to cover
- 0.070%
- Break-even
- never at this rate
Slippage unknown: Injective: no order-book sample; Nado: live order book, 66 min ago. Net counts fees only.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Injective no order-book sample | — | — | — | — | — |
| Sell Nado live order book, 66 min ago | 0.05 bp | 3.6 bp −$4 | 7.5 bp −$75 | 27.9 bp −$2,793 | doesn't fit |
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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Deribit WTIOIL_USDC-PERPETUAL | −0.0714% | 1h | 93.300 | −9.040% | $197K | $372K | 15x | as long as short |
| GRVT CL_USDT_Perp | −0.0346% | 4h | 93.320 | −9.020% | $58K | $649K | 25x | as long as short |
| Aster CLUSD1 | −0.0299% | 4h | 93.375 | −8.967% | $24.4M | $66.5M | 20x | as long as short |
| Kraken Futures PF_WTIOILUSD | −0.0204% | 1h | 93.352 | −8.989% | $283K | $962K | 25x | as long as short |
| Binance CLUSDT | −0.0198% | 4h | 93.350 | −8.991% | $246.5M | $935.3M | 100x | as long as short |
| Variational Omni CL | −0.0185% | 4h | 93.329 | −9.012% | $13.3M | $10.9M | — | as long as short |
| Ondo Perps WTI-USD.P | −0.0160% | 1h | 93.280 | −9.059% | $3.5M | $5.3M | 20x | as long as short |
| Aftermath Perps WTIUSD | −0.0139% | 1h | 93.325 | −9.015% | $2K | $26K | 5x | as long as short |
| Bitget CLUSDT | −0.0134% | 4h | 93.336 | −9.004% | $42.1M | $43.1M | 100x | as long as short |
| Nado WTI-PERPshort | −0.0131% | 1h | 93.388 | −8.954% | $967K | $621K | 10x |
Deribit WTIOIL_USDC-PERPETUAL
GRVT CL_USDT_Perp
Aster CLUSD1
Kraken Futures PF_WTIOILUSD
Binance CLUSDT
Variational Omni CL
Ondo Perps WTI-USD.P
Aftermath Perps WTIUSD
Bitget CLUSDTShow all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| tradeXYZ xyz:CL | −0.0075% | 1h | 93.351 | −8.990% | $184.5M | $215.5M | 20x | as long as short |
| Gate CL_USDT | −0.0074% | 8h | 93.290 | −9.049% | $21.6M | $49.2M | 100x | as long as short |
| OKX CL-USDT-SWAP | −0.0068% | 4h | 93.350 | −8.991% | $42.6M | $102.6M | 50x | as long as short |
| edgeX CLUSDC | −0.0065% | 4h | 93.310 | −9.029% | $524K | $306K | 30x | as long as short |
| Coinbase International WTIOIL-PERP-INTX | −0.0040% | 1h | 93.160 | −9.176% | $403K | $929K | 15x | as long as short |
| QFEX CL-USD | −0.0032% | 1h | 93.310 | −9.030% | $2.3M | $2.1M | 10x | as long as short |
| Paradex CL-USD-PERP | −0.0011% | 8h | 93.330 | −9.010% | $16K | $367 | 5x | as long as short |
| Lighter WTI | −0.0008% | 1h | 93.347 | −8.994% | $11.2M | $9.8M | 20x | as long as short |
| dYdX WTI-USD | 0.0000% | 1h | 93.329 | −9.011% | $8K | $3K | 5x | as long as short |
| Bybit CLUSDT | 0.0000% | 8h | 93.360 | −8.981% | $27.1M | $79.8M | 150x | as long as short |
| RISEx CL/USDC | 0.0000% | 1h | 93.391 | −8.951% | $3.1M | $2.9M | 20x | as long as short |
| Phoenix WTIOIL | 0.0000% | 1h | 93.390 | −8.952% | $37K | $41K | 20x | as long as short |
| Bullet WTIOIL-USD | 0.0000% | 1h | 93.333 | −9.007% | $18K | $241K | 10x | as long as short |
| gTrade (Gains Network) WTI/USD | L 0.0000% / S +0.0036% | 1h | 92.888 | −9.441% | $5K | — | 150x | as long as short |
| Extended WTI-USD | +0.0032% | 1h | 93.380 | −8.962% | $2.0M | $18.0M | 10x | as long as short |
| KuCoin CLUSDTM | +0.0034% | 4h | 93.367 | −8.974% | $7.1M | $2.4M | 50x | as long as short |
| StandX CL-USD | +0.0040% | 1h | 93.340 | −9.001% | $739K | $2.9M | 40x | as long as short |
| Vest CL-PERP | +0.0046% | 1h | 93.340 | −9.001% | — | $313K | 10x | as long as short |
| Pacifica CL | +0.0047% | 1h | 93.352 | −8.989% | $331K | $576K | 10x | as long as short |
| Polymarket Perps WTIOIL-USD | +0.0050% | 1h | 93.334 | −9.006% | $1.7M | $1.3M | 20x | as long as short |
| SoDEX CL-USD | +0.0050% | 1h | 93.335 | −9.005% | $2.1M | $60K | 20x | as long as short |
| ApeX Omni CLUSDT | +0.0100% | 1h | 93.420 | −8.923% | $54K | $267K | 50x | as long as short |
| Aevo WTIOIL-PERP | +0.0104% | 1h | 93.305 | −9.035% | $4K | — | 10x | as long as short |
| BloFin CL-USDT | +0.0173% | 4h | 93.310 | −9.030% | $4.0M | $983K | 50x | as long as short |
| Injective WTI/USDC PERPlong | +0.0220% | 1h | 102.57 | long leg | $19K | $11K | 30x | |
| GMX WTIOIL/USD [ETH-USDC] | L +0.0232% / S −0.0164% | 1h | 93.335 | −9.005% | $84K | — | 111x | as long as short |
tradeXYZ xyz:CL
Gate CL_USDT
OKX CL-USDT-SWAP
edgeX CLUSDC
Coinbase International WTIOIL-PERP-INTX
QFEX CL-USD
Paradex CL-USD-PERP
Lighter WTI
dYdX WTI-USD
Bybit CLUSDT
RISEx CL/USDC
Phoenix WTIOIL
Bullet WTIOIL-USD
gTrade (Gains Network) WTI/USD
Extended WTI-USD
KuCoin CLUSDTM
StandX CL-USD
Vest CL-PERP
Pacifica CL
Polymarket Perps WTIOIL-USD
SoDEX CL-USD
ApeX Omni CLUSDT
Aevo WTIOIL-PERP
BloFin CL-USDT
GMX WTIOIL/USD [ETH-USDC]