Funding you earn now, next payment 10:00 UTC−0.0033%/8h= −3.6% APRnext payment −$0.04 per $10,000 · paid last 24h −0.025%
Price spread now: RISEx against Injective−11.069%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and RISEx is 11.069% cheaper against Injective than usual: you would sell low and buy high (−$1,107 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Injective WTI/USDC PERP | 102.13 | 0.0033 | pay 0.0004% / 1h | 55m 04s | $19K | $5K | 30x |
| Short | RISEx CL/USDC | 90.829 | 0 | get 0.0000% / 1h | 55m 04s | $2.9M | $2.9M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
RISEx 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
- −$7
- Price spread: −11.069% → 0.000%
- −$1,106.92
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee RISEx: 3 bp × 2 orders
- −$6
- Net
- −$1,119.94
- Costs to cover
- 0.060%
- Break-even
- never at this rate
Slippage unknown: Injective: no order-book sample; RISEx: live order book, 4 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 RISEx live order book, 4 min ago | 1.49 bp | 4.5 bp −$4 | 5.7 bp −$57 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_WTIOILUSD | −0.0364% | 1h | 90.848 | −11.050% | $267K | $1.0M | 25x | as long as short |
| ApeX Omni CLUSDT | −0.0289% | 1h | 90.470 | −11.420% | $53K | $266K | 50x | as long as short |
| Aster CLUSD1 | −0.0196% | 4h | 90.890 | −11.009% | $24.5M | $61.5M | 20x | as long as short |
| Deribit WTIOIL_USDC-PERPETUAL | −0.0190% | 1h | 90.840 | −11.058% | $182K | $416K | 15x | as long as short |
| Binance CLUSDT | −0.0117% | 4h | 90.870 | −11.029% | $245.9M | $1.04B | 100x | as long as short |
| Bitget CLUSDT | −0.0098% | 4h | 90.870 | −11.029% | $40.9M | $46.2M | 100x | as long as short |
| Variational Omni CL | −0.0091% | 4h | 90.607 | −11.286% | $13.0M | $11.0M | — | as long as short |
| Gate CL_USDT | −0.0079% | 8h | 90.820 | −11.078% | $23.0M | $50.8M | 100x | as long as short |
| Nado WTI-PERP | −0.0067% | 1h | 90.711 | −11.184% | $936K | $614K | 10x | as long as short |
| edgeX CLUSDC | −0.0045% | 4h | 90.565 | −11.327% | $518K | $357K | 30x | as long as short |
Show all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX CL-USDT-SWAP | −0.0041% | 4h | 90.860 | −11.038% | $41.1M | $112.2M | 50x | as long as short |
| GRVT CL_USDT_Perp | −0.0040% | 4h | 90.480 | −11.410% | $70K | $617K | 25x | as long as short |
| Aftermath Perps WTIUSD | −0.0034% | 1h | 90.617 | −11.276% | $1K | $27K | 5x | as long as short |
| tradeXYZ xyz:CL | −0.0028% | 1h | 90.848 | −11.050% | $177.0M | $208.1M | 20x | as long as short |
| QFEX CL-USD | −0.0023% | 1h | 90.700 | −11.195% | $2.2M | $2.9M | 10x | as long as short |
| gTrade (Gains Network) WTI/USD | L −0.0001% / S +0.0036% | 1h | 89.952 | −11.927% | $1K | — | 150x | as long as short |
| dYdX WTI-USD | 0.0000% | 1h | 90.680 | −11.215% | $8K | $3K | 5x | as long as short |
| Bybit CLUSDT | 0.0000% | 8h | 90.890 | −11.009% | $26.4M | $92.0M | 150x | as long as short |
| RISEx CL/USDCshort | 0.0000% | 1h | 90.829 | −11.069% | $2.9M | $2.9M | 20x | |
| Bullet WTIOIL-USD | 0.0000% | 1h | 90.820 | −11.078% | $18K | $238K | 10x | as long as short |
| Coinbase International WTIOIL-PERP-INTX | +0.0008% | 1h | 90.590 | −11.303% | $408K | $1.0M | 15x | as long as short |
| Phoenix WTIOIL | +0.0009% | 1h | 90.620 | −11.273% | $36K | $37K | 20x | as long as short |
| Paradex CL-USD-PERP | +0.0017% | 8h | 90.669 | −11.225% | $15K | $367 | 5x | as long as short |
| Lighter WTI | +0.0032% | 1h | 90.851 | −11.047% | $11.0M | $9.0M | 20x | as long as short |
| Extended WTI-USD | +0.0032% | 1h | 90.870 | −11.029% | $1.6M | $13.7M | 10x | as long as short |
| Injective WTI/USDC PERPlong | +0.0033% | 1h | 102.13 | long leg | $19K | $5K | 30x | |
| StandX CL-USD | +0.0040% | 1h | 90.530 | −11.362% | $704K | $2.8M | 40x | as long as short |
| Vest CL-PERP | +0.0046% | 1h | 90.690 | −11.205% | — | $313K | 10x | as long as short |
| Polymarket Perps WTIOIL-USD | +0.0050% | 1h | 90.730 | −11.166% | $1.6M | $1.2M | 20x | as long as short |
| SoDEX CL-USD | +0.0050% | 1h | 90.866 | −11.033% | $2.0M | $81K | 20x | as long as short |
| Ondo Perps WTI-USD.P | +0.0050% | 1h | 90.640 | −11.254% | $3.5M | $5.2M | 20x | as long as short |
| Pacifica CL | +0.0100% | 1h | 90.696 | −11.199% | $335K | $573K | 10x | as long as short |
| KuCoin CLUSDTM | +0.0100% | 4h | 90.885 | −11.014% | $6.9M | $2.8M | 50x | as long as short |
| Aevo WTIOIL-PERP | +0.0104% | 1h | 90.864 | −11.034% | $4K | — | 10x | as long as short |
| BloFin CL-USDT | +0.0199% | 4h | 90.800 | −11.097% | $4.0M | $1.0M | 50x | as long as short |
| GMX WTIOIL/USD [ETH-USDC] | L +0.0255% / S −0.0185% | 1h | 90.825 | −11.073% | $84K | — | 111x | as long as short |
Injective WTI/USDC PERP
RISEx CL/USDC
Kraken Futures PF_WTIOILUSD
ApeX Omni CLUSDT
Aster CLUSD1
Deribit WTIOIL_USDC-PERPETUAL
Binance CLUSDT
Bitget CLUSDT
Variational Omni CL
Gate CL_USDT
edgeX CLUSDC
OKX CL-USDT-SWAP
GRVT CL_USDT_Perp
Aftermath Perps WTIUSD
tradeXYZ xyz:CL
gTrade (Gains Network) WTI/USD
Bybit CLUSDT
Bullet WTIOIL-USD
Coinbase International WTIOIL-PERP-INTX
Phoenix WTIOIL
Paradex CL-USD-PERP
Lighter WTI
Extended WTI-USD
StandX CL-USD
Polymarket Perps WTIOIL-USD
SoDEX CL-USD
Pacifica CL
KuCoin CLUSDTM
BloFin CL-USDT
GMX WTIOIL/USD [ETH-USDC]