Funding you earn now, next payment 06:00 UTC−0.0170%/8h= −18.6% APRnext payment −$0.21 per $10,000 · paid last 24h −0.027%
Price spread now: SoDEX against Injective−8.843%7-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
=Together, before fees—needs both histories
Both sides work against this trade now: funding costs −$5 a day on $10k at the current rate, and SoDEX is 8.843% cheaper against Injective than usual: you would sell low and buy high (−$884 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 | 102.60 | 0.0220 | pay 0.0028% / 1h | 25m 04s | $19K | $11K | 30x |
| Short | SoDEX CL-USD | 93.530 | 0.0050 | get 0.0006% / 1h | 25m 04s | $2.1M | $60K | 20x |
Injective WTI/USDC PERP
SoDEX CL-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
SoDEX 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
- −$35.7
- Price spread: −8.843% → 0.000%
- −$884.28
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee SoDEX: 4 bp × 2 orders
- −$8
- Net
- −$928
- Costs to cover
- 0.080%
- Break-even
- never at this rate
Slippage unknown: Injective: no order-book sample; SoDEX: 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 SoDEX live order book, 4 min ago | 0.54 bp | 18.8 bp −$19 | 96.8 bp −$968 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit WTIOIL_USDC-PERPETUAL | −0.0391% | 1h | 93.500 | −8.872% | $197K | $374K | 15x | as long as short |
| GRVT CL_USDT_Perp | −0.0320% | 4h | 93.424 | −8.946% | $58K | $639K | 25x | as long as short |
| Aster CLUSD1 | −0.0302% | 4h | 93.570 | −8.804% | $24.4M | $65.1M | 20x | as long as short |
| Kraken Futures PF_WTIOILUSD | −0.0203% | 1h | 93.554 | −8.819% | $286K | $958K | 25x | as long as short |
| Binance CLUSDT | −0.0189% | 4h | 93.540 | −8.833% | $246.8M | $932.8M | 100x | as long as short |
| Variational Omni CL | −0.0182% | 4h | 93.450 | −8.921% | $13.4M | $10.9M | — | as long as short |
| Aftermath Perps WTIUSD | −0.0149% | 1h | 93.451 | −8.919% | $2K | $26K | 5x | as long as short |
| Nado WTI-PERP | −0.0133% | 1h | 93.567 | −8.807% | $968K | $616K | 10x | as long as short |
| Bitget CLUSDT | −0.0132% | 4h | 93.524 | −8.849% | $42.1M | $42.9M | 100x | as long as short |
| Ondo Perps WTI-USD.P | −0.0112% | 1h | 93.480 | −8.892% | $3.5M | $5.4M | 20x | as long as short |
Deribit WTIOIL_USDC-PERPETUAL
GRVT CL_USDT_Perp
Aster CLUSD1
Kraken Futures PF_WTIOILUSD
Binance CLUSDT
Variational Omni CL
Aftermath Perps WTIUSD
Nado WTI-PERP
Bitget CLUSDT
Ondo Perps WTI-USD.PShow all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate CL_USDT | −0.0077% | 8h | 93.470 | −8.901% | $21.9M | $49.7M | 100x | as long as short |
| edgeX CLUSDC | −0.0074% | 4h | 93.495 | −8.877% | $526K | $305K | 30x | as long as short |
| tradeXYZ xyz:CL | −0.0063% | 1h | 93.535 | −8.838% | $185.1M | $214.9M | 20x | as long as short |
| OKX CL-USDT-SWAP | −0.0058% | 4h | 93.530 | −8.843% | $42.7M | $102.7M | 50x | as long as short |
| Coinbase International WTIOIL-PERP-INTX | −0.0040% | 1h | 93.160 | −9.203% | $403K | $928K | 15x | as long as short |
| QFEX CL-USD | −0.0032% | 1h | 93.520 | −8.853% | $2.3M | $2.4M | 10x | as long as short |
| dYdX WTI-USD | 0.0000% | 1h | 93.496 | −8.876% | $8K | $3K | 5x | as long as short |
| Bybit CLUSDT | 0.0000% | 8h | 93.550 | −8.823% | $27.1M | $79.5M | 150x | as long as short |
| RISEx CL/USDC | 0.0000% | 1h | 93.573 | −8.801% | $3.1M | $2.9M | 20x | as long as short |
| Phoenix WTIOIL | 0.0000% | 1h | 93.380 | −8.989% | $38K | $41K | 20x | as long as short |
| Bullet WTIOIL-USD | 0.0000% | 1h | 93.538 | −8.835% | $18K | $239K | 10x | as long as short |
| gTrade (Gains Network) WTI/USD | L 0.0000% / S +0.0036% | 1h | 93.076 | −9.285% | $5K | — | 150x | as long as short |
| Paradex CL-USD-PERP | +0.0007% | 8h | 93.512 | −8.860% | $16K | $367 | 5x | as long as short |
| Lighter WTI | +0.0008% | 1h | 93.530 | −8.843% | $11.2M | $9.9M | 20x | as long as short |
| Extended WTI-USD | +0.0032% | 1h | 93.550 | −8.823% | $2.0M | $17.2M | 10x | as long as short |
| StandX CL-USD | +0.0040% | 1h | 93.450 | −8.921% | $740K | $2.9M | 40x | as long as short |
| Vest CL-PERP | +0.0046% | 1h | 93.520 | −8.853% | — | $313K | 10x | as long as short |
| Pacifica CL | +0.0047% | 1h | 93.527 | −8.846% | $332K | $576K | 10x | as long as short |
| Polymarket Perps WTIOIL-USD | +0.0050% | 1h | 93.522 | −8.851% | $1.7M | $1.3M | 20x | as long as short |
| SoDEX CL-USDshort | +0.0050% | 1h | 93.530 | −8.843% | $2.1M | $60K | 20x | |
| KuCoin CLUSDTM | +0.0062% | 4h | 93.551 | −8.822% | $7.1M | $2.4M | 50x | as long as short |
| ApeX Omni CLUSDT | +0.0100% | 1h | 93.410 | −8.960% | $54K | $266K | 50x | as long as short |
| Aevo WTIOIL-PERP | +0.0104% | 1h | 93.504 | −8.868% | $4K | — | 10x | as long as short |
| BloFin CL-USDT | +0.0180% | 4h | 93.450 | −8.921% | $4.0M | $1.0M | 50x | as long as short |
| Injective WTI/USDC PERPlong | +0.0220% | 1h | 102.60 | long leg | $19K | $11K | 30x | |
| GMX WTIOIL/USD [ETH-USDC] | L +0.0237% / S −0.0169% | 1h | 93.535 | −8.838% | $84K | — | 111x | as long as short |
Gate CL_USDT
edgeX CLUSDC
tradeXYZ xyz:CL
OKX CL-USDT-SWAP
Coinbase International WTIOIL-PERP-INTX
QFEX CL-USD
dYdX WTI-USD
Bybit CLUSDT
RISEx CL/USDC
Phoenix WTIOIL
Bullet WTIOIL-USD
gTrade (Gains Network) WTI/USD
Paradex CL-USD-PERP
Lighter WTI
Extended WTI-USD
StandX CL-USD
Vest CL-PERP
Pacifica CL
Polymarket Perps WTIOIL-USD
KuCoin CLUSDTM
ApeX Omni CLUSDT
Aevo WTIOIL-PERP
BloFin CL-USDT
GMX WTIOIL/USD [ETH-USDC]