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

CL

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Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC−0.0050%/8h= −5.5% APRnext payment $0.06 per $10,000 · paid last 24h +0.002%
Price spread now: RISEx against SoDEX+0.105%7-day average +0.063% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$42as in the Price arb table
costs, in and out, $10k−$460.461% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)+0.069%+$7 on $10k
Price spread, last 4 days (all we have)+0.141%+$14 · spread now +0.105%, 7d avg +0.063%
Together, before fees+0.210%+$21 on $10k · with fees, hour by hour
The price spread pays, funding is against you. RISEx is 0.042% dearer against SoDEX than usual: you sell high and buy low (spread +0.105% now, against its 7-day average of +0.063%): +$4 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 2.8 days. Mind the row above: over the last 3 days funding on this pair paid +0.069%, so the current rate has only just turned against you.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSoDEX CL-USD93.0660.0050pay 0.0006% / 1h34m 56s$2.1M$60K20x
ShortRISEx CL/USDC93.1640get 0.0000% / 1h34m 56s$3.1M$2.9M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

RISEx against SoDEX. 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
−$10.5
Price spread: +0.105% → +0.063%
$4.19
Slippage, 4 orders
−$32.13
Fee SoDEX: 4 bp × 2 orders
−$8
Fee RISEx: 3 bp × 2 orders
−$6
Net
−$52.44
Costs to cover
0.461%
Break-even
never at this rate
Slippage from SoDEX: live order book, 4 min ago; RISEx: live order book, 4 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 SoDEX live order book, 4 min ago1.02 bp19.3 bp −$1984.0 bp −$840doesn't fitdoesn't fit
Sell RISEx live order book, 4 min ago0.81 bp3.8 bp −$45.9 bp −$59doesn'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
Deribit WTIOIL_USDC-PERPETUAL−0.0287%1h93.060−0.006%$199K$370K15xas long as short
Aster CLUSD1−0.0252%4h93.060−0.006%$24.0M$67.3M20xas long as short
GRVT CL_USDT_Perp−0.0246%4h93.086+0.021%$64K$648K25xas long as short
Kraken Futures PF_WTIOILUSD−0.0196%1h93.108+0.045%$274K$872K25xas long as short
Binance CLUSDT−0.0194%4h93.070+0.004%$244.6M$952.0M100xas long as short
Variational Omni CL−0.0187%4h93.099+0.035%$13.5M$10.9Mas long as short
Ondo Perps WTI-USD.P−0.0118%1h93.060−0.006%$3.5M$5.6M20xas long as short
tradeXYZ xyz:CL−0.0111%1h93.062−0.004%$184.8M$215.6M20xas long as short
Aftermath Perps WTIUSD−0.0096%1h93.109+0.046%$2K$27K5xas long as short
Bitget CLUSDT−0.0094%4h93.052−0.015%$41.9M$43.9M100xas long as short
Show all 36 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
edgeX CLUSDC−0.0092%4h93.074+0.009%$530K$300K30xas long as short
OKX CL-USDT-SWAP−0.0070%4h93.060−0.006%$42.6M$102.7M50xas long as short
Gate CL_USDT−0.0053%8h93.020−0.049%$20.9M$51.7M100xas long as short
Coinbase International WTIOIL-PERP-INTX−0.0048%1h92.750−0.340%$402K$944K15xas long as short
QFEX CL-USD−0.0043%1h93.070+0.004%$2.5M$1.7M10xas long as short
Nado WTI-PERP−0.0035%1h93.144+0.084%$963K$653K10xas long as short
Lighter WTI−0.0016%1h93.071+0.005%$11.2M$10.5M20xas long as short
KuCoin CLUSDTM−0.0012%4h93.071+0.005%$7.1M$2.4M50xas long as short
dYdX WTI-USD0.0000%1h93.113+0.051%$8K$3K5xas long as short
Extended WTI-USD0.0000%1h93.105+0.042%$2.0M$21.1M10xas long as short
Bybit CLUSDT0.0000%8h93.080+0.015%$26.7M$80.8M150xas long as short
RISEx CL/USDCshort0.0000%1h93.164+0.105%$3.1M$2.9M20x
Phoenix WTIOIL0.0000%1h93.130+0.069%$37K$42K20xas long as short
Bullet WTIOIL-USD0.0000%1h93.080+0.015%$19K$242K10xas long as short
gTrade (Gains Network) WTI/USDL 0.0000% / S +0.0036%1h92.630−0.468%$5K150xas long as short
Paradex CL-USD-PERP+0.0012%8h93.073+0.008%$16K$3675xas long as short
StandX CL-USD+0.0040%1h93.140+0.080%$735K$2.9M40xas long as short
Vest CL-PERP+0.0046%1h93.110+0.047%$310K10xas long as short
Polymarket Perps WTIOIL-USD+0.0050%1h93.087+0.023%$1.7M$1.3M20xas long as short
SoDEX CL-USDlong+0.0050%1h93.066long leg$2.1M$60K20x
Pacifica CL+0.0068%1h93.091+0.026%$329K$621K10xas long as short
ApeX Omni CLUSDT+0.0100%1h93.090+0.026%$56K$266K50xas long as short
Aevo WTIOIL-PERP+0.0104%1h93.059−0.007%$4K10xas long as short
BloFin CL-USDT+0.0170%4h93.080+0.015%$4.0M$1.1M50xas long as short
GMX WTIOIL/USD [ETH-USDC]L +0.0213% / S −0.0140%1h93.075+0.010%$81K111xas long as short
Injective WTI/USDC PERP+0.0220%1h102.19+9.799%$19K$11K30xas long as short