Funding you earn now, next payment 08:00 UTC−0.0611%/8h= −66.9% APRnext payment −$0.76 per $10,000 · paid last 24h −0.042%
Price spread now: Deribit against Ondo Perps+0.032%7-day average +0.051% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)−0.119%−$12 on $10k
+Price spread, last 4 days (all we have)−0.068%−$7 · spread now +0.032%, 7d avg +0.051%
=Together, before fees−0.187%+ Points / potential airdropOndo Perps: Active · farm board−$19 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.051%, so right now this pair is about funding alone: −$18 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 4 days it paid -0.119% in total (about -11.0% a year). A funding rate is set anew for every payment; at this rate the next one is about −$0.76 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Ondo Perps WTI-USD.P | 93.390 | 0.0006 | pay 0.0001% / 1h | 53m 12s | $3.7M | $5.4M | 20x |
| Short | Deribit WTIOIL_USDC-PERPETUAL | 93.420 | −0.0606 | pay 0.0076% / 1h | 53m 12s | $195K | $389K | 15x |
Ondo Perps WTI-USD.P
Deribit WTIOIL_USDC-PERPETUALFunding history
latest
Range statsloading…
Price spread between the two exchanges
Deribit against Ondo Perps. 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
- −$128.35
- Price spread: +0.032% → +0.051%
- −$1.92
- Slippage, 4 orders
- no order book: not counted
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- −$142.27
- Costs to cover
- 0.120%
- Break-even
- never at this rate
Slippage unknown: Ondo Perps: no order-book sample; Deribit: live order book, 50 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 Ondo Perps no order-book sample | — | — | — | — | — |
| Sell Deribit live order book, 50 min ago | 0.53 bp | 4.0 bp −$4 | 5.7 bp −$57 | doesn't fit | doesn't fit |
Ondo Perps: 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-PERPETUALshort | −0.0606% | 1h | 93.420 | +0.032% | $195K | $389K | 15x | |
| GRVT CL_USDT_Perp | −0.0292% | 4h | 93.580 | +0.204% | $73K | $628K | 25x | as long as short |
| Aster CLUSD1 | −0.0289% | 4h | 93.509 | +0.127% | $24.7M | $64.6M | 20x | as long as short |
| Kraken Futures PF_WTIOILUSD | −0.0209% | 1h | 93.465 | +0.080% | $276K | $966K | 25x | as long as short |
| Binance CLUSDT | −0.0165% | 4h | 93.480 | +0.096% | $247.5M | $921.0M | 100x | as long as short |
| Variational Omni CL | −0.0152% | 4h | 93.658 | +0.287% | $13.5M | $10.6M | — | as long as short |
| Gate CL_USDT | −0.0126% | 8h | 93.380 | −0.011% | $22.8M | $48.4M | 100x | as long as short |
| Bitget CLUSDT | −0.0122% | 4h | 93.484 | +0.101% | $42.4M | $42.1M | 100x | as long as short |
| Aftermath Perps WTIUSD | −0.0118% | 1h | 93.540 | +0.161% | $2K | $26K | 5x | as long as short |
| Nado WTI-PERP | −0.0074% | 1h | 93.562 | +0.184% | $960K | $629K | 10x | as long as short |
GRVT CL_USDT_Perp
Aster CLUSD1
Kraken Futures PF_WTIOILUSD
Binance CLUSDT
Variational Omni CL
Gate CL_USDT
Bitget CLUSDT
Aftermath Perps WTIUSD
Nado WTI-PERPShow all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX CL-USDT-SWAP | −0.0057% | 4h | 93.470 | +0.086% | $42.6M | $103.1M | 50x | as long as short |
| QFEX CL-USD | −0.0038% | 1h | 93.470 | +0.086% | $2.3M | $2.4M | 10x | as long as short |
| Lighter WTI | −0.0016% | 1h | 93.461 | +0.076% | $11.3M | $9.1M | 20x | as long as short |
| Coinbase International WTIOIL-PERP-INTX | −0.0016% | 1h | 93.540 | +0.161% | $405K | $860K | 15x | as long as short |
| edgeX CLUSDC | −0.0016% | 4h | 93.690 | +0.322% | $527K | $304K | 30x | as long as short |
| dYdX WTI-USD | 0.0000% | 1h | 93.484 | +0.101% | $8K | $3K | 5x | as long as short |
| Bybit CLUSDT | 0.0000% | 8h | 93.474 | +0.090% | $26.7M | $79.4M | 150x | as long as short |
| RISEx CL/USDC | 0.0000% | 1h | 93.495 | +0.112% | $3.0M | $2.9M | 20x | as long as short |
| Phoenix WTIOIL | 0.0000% | 1h | 93.600 | +0.225% | $37K | $40K | 20x | as long as short |
| Bullet WTIOIL-USD | 0.0000% | 1h | 93.455 | +0.070% | $19K | $240K | 10x | as long as short |
| gTrade (Gains Network) WTI/USD | L 0.0000% / S +0.0036% | 1h | 92.978 | −0.441% | $5K | — | 150x | as long as short |
| Paradex CL-USD-PERP | +0.0004% | 8h | 93.421 | +0.033% | $16K | $367 | 5x | as long as short |
| Ondo Perps WTI-USD.Plong | +0.0006% | 1h | 93.390 | long leg | $3.7M | $5.4M | 20x | |
| tradeXYZ xyz:CL | +0.0015% | 1h | 93.510 | +0.128% | $184.9M | $202.1M | 20x | as long as short |
| Extended WTI-USD | +0.0032% | 1h | 93.470 | +0.086% | $1.9M | $15.1M | 10x | as long as short |
| StandX CL-USD | +0.0040% | 1h | 93.640 | +0.268% | $742K | $2.8M | 40x | as long as short |
| Vest CL-PERP | +0.0046% | 1h | 93.500 | +0.118% | — | $313K | 10x | as long as short |
| Polymarket Perps WTIOIL-USD | +0.0050% | 1h | 93.490 | +0.107% | $1.7M | $1.3M | 20x | as long as short |
| SoDEX CL-USD | +0.0050% | 1h | 93.466 | +0.081% | $2.1M | $60K | 20x | as long as short |
| Pacifica CL | +0.0100% | 1h | 93.463 | +0.078% | $349K | $594K | 10x | as long as short |
| KuCoin CLUSDTM | +0.0100% | 4h | 93.519 | +0.138% | $7.1M | $2.4M | 50x | as long as short |
| ApeX Omni CLUSDT | +0.0100% | 1h | 93.740 | +0.375% | $54K | $266K | 50x | as long as short |
| Aevo WTIOIL-PERP | +0.0104% | 1h | 93.423 | +0.035% | $4K | — | 10x | as long as short |
| BloFin CL-USDT | +0.0182% | 4h | 93.490 | +0.107% | $4.1M | $985K | 50x | as long as short |
| Injective WTI/USDC PERP | +0.0220% | 1h | 102.83 | +10.110% | $19K | $11K | 30x | as long as short |
| GMX WTIOIL/USD [ETH-USDC] | L +0.0252% / S −0.0187% | 1h | 93.435 | +0.048% | $84K | — | 111x | as long as short |
OKX CL-USDT-SWAP
QFEX CL-USD
Lighter WTI
Coinbase International WTIOIL-PERP-INTX
edgeX CLUSDC
dYdX WTI-USD
Bybit CLUSDT
RISEx CL/USDC
Phoenix WTIOIL
Bullet WTIOIL-USD
gTrade (Gains Network) WTI/USD
Paradex CL-USD-PERP
tradeXYZ xyz:CL
Extended WTI-USD
StandX CL-USD
Vest CL-PERP
Polymarket Perps WTIOIL-USD
SoDEX CL-USD
Pacifica CL
KuCoin CLUSDTM
ApeX Omni CLUSDT
Aevo WTIOIL-PERP
BloFin CL-USDT
Injective WTI/USDC PERP
GMX WTIOIL/USD [ETH-USDC]