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

CL

RWAall CL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 10:00 UTC+0.0102%/8h= +11.1% APRnext payment +$0.13 per $10,000 · paid last 24h +0.026%
Price spread now: StandX against Nado+0.127%7-day average −0.030% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$13as in the Price arb table
costs, in and out, $10k−$290.290% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)+0.076%+$8 on $10k
Price spread, last 7 days−0.109%−$11 · spread now +0.127%, 7d avg −0.030%
Together, before fees−0.033%+ Points / potential airdropNado: Active · StandX: Active · farm board−$3 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and StandX is 0.156% dearer against Nado than usual: you sell high and buy low: +$16 more if the spread goes back to its 7-day average of −0.030%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongNado WTI-PERP90.575−0.0062get 0.0008% / 1h56m 06s$936K$614K10x
ShortStandX CL-USD90.6900.0040get 0.0005% / 1h56m 06s$705K$2.8M40x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

StandX against Nado. 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
$21.35
Price spread: +0.127% → −0.030%
$15.64
Slippage, 4 orders
−$14.01
Fee Nado: 3.5 bp × 2 orders
−$7
Fee StandX: 4 bp × 2 orders
−$8
Net
$7.99
Costs to cover
0.290%
Break-even
4.4 days
Slippage from Nado: live order book, 37 min ago; StandX: live order book, 3 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Nado live order book, 37 min ago0.65 bp6.1 bp −$611.0 bp −$11032.8 bp −$3,284doesn't fit
Sell StandX live order book, 3 min ago4.96 bp9.0 bp −$910.9 bp −$109doesn't fitdoesn't fit

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
Kraken Futures PF_WTIOILUSD−0.0365%1h90.598+0.025%$271K$1.0M25xas long as short
Deribit WTIOIL_USDC-PERPETUAL−0.0302%1h90.600+0.028%$181K$416K15xas long as short
Aster CLUSD1−0.0195%4h90.684+0.120%$24.5M$61.4M20xas long as short
Binance CLUSDT−0.0116%4h90.700+0.138%$245.4M$1.04B100xas long as short
Bitget CLUSDT−0.0100%4h90.634+0.065%$40.8M$46.0M100xas long as short
Variational Omni CL−0.0100%4h90.468−0.118%$13.0M$11.0Mas long as short
Gate CL_USDT−0.0091%8h90.620+0.050%$22.9M$50.7M100xas long as short
GRVT CL_USDT_Perp−0.0066%4h90.468−0.119%$70K$616K25xas long as short
Nado WTI-PERPlong−0.0062%1h90.575long leg$936K$614K10x
tradeXYZ xyz:CL−0.0043%1h90.680+0.116%$176.6M$207.8M20xas long as short
Show all 36 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX CL-USDT-SWAP−0.0041%4h90.680+0.116%$41.1M$111.5M50xas long as short
Aftermath Perps WTIUSD−0.0036%1h90.573−0.002%$1K$27K5xas long as short
QFEX CL-USD−0.0023%1h90.470−0.116%$2.2M$2.9M10xas long as short
edgeX CLUSDC−0.0014%4h90.409−0.183%$517K$357K30xas long as short
gTrade (Gains Network) WTI/USDL −0.0001% / S +0.0036%1h89.952−0.688%$1K150xas long as short
dYdX WTI-USD0.0000%1h90.458−0.129%$8K$3K5xas long as short
Bybit CLUSDT0.0000%8h90.700+0.138%$26.4M$91.7M150xas long as short
RISEx CL/USDC0.0000%1h90.527−0.053%$2.9M$2.9M20xas long as short
Bullet WTIOIL-USD0.0000%1h90.593+0.020%$18K$238K10xas long as short
Coinbase International WTIOIL-PERP-INTX+0.0008%1h90.590+0.016%$408K$1.0M15xas long as short
Phoenix WTIOIL+0.0009%1h90.470−0.116%$36K$36K20xas long as short
Paradex CL-USD-PERP+0.0016%8h90.439−0.150%$15K$3675xas long as short
Lighter WTI+0.0032%1h90.585+0.011%$11.0M$9.0M20xas long as short
Extended WTI-USD+0.0032%1h90.620+0.050%$1.6M$13.7M10xas long as short
Injective WTI/USDC PERP+0.0033%1h102.13+12.762%$19K$5K30xas long as short
StandX CL-USDshort+0.0040%1h90.690+0.127%$705K$2.8M40x
Vest CL-PERP+0.0046%1h90.520−0.061%$313K10xas long as short
Polymarket Perps WTIOIL-USD+0.0050%1h90.556−0.021%$1.6M$1.2M20xas long as short
SoDEX CL-USD+0.0050%1h90.590+0.016%$2.0M$82K20xas long as short
Ondo Perps WTI-USD.P+0.0050%1h90.430−0.160%$3.5M$5.2M20xas long as short
Pacifica CL+0.0100%1h90.469−0.117%$334K$573K10xas long as short
KuCoin CLUSDTM+0.0100%4h90.624+0.054%$6.9M$2.8M50xas long as short
ApeX Omni CLUSDT+0.0100%1h90.490−0.094%$53K$266K50xas long as short
Aevo WTIOIL-PERP+0.0104%1h90.610+0.039%$4K10xas long as short
BloFin CL-USDT+0.0197%4h90.400−0.193%$4.0M$997K50xas long as short
GMX WTIOIL/USD [ETH-USDC]L +0.0255% / S −0.0185%1h90.595+0.022%$84K111xas long as short