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

CL

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Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC+0.0140%/8h= +15.4% APRnext payment +$0.18 per $10,000 · paid last 24h +0.029%
Price spread now: RISEx against tradeXYZ+0.064%7-day average +0.060% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$28as in the Price arb table
costs, in and out, $10k−$280.283% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)+0.116%+$12 on $10k
Price spread, last 7 days+0.006%+$1 · spread now +0.064%, 7d avg +0.060%
Together, before fees+0.122%+ Points / potential airdroptradeXYZ: Active · farm board+$12 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.060%, so right now this pair is about funding alone: +$4 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongtradeXYZ xyz:CL93.068−0.0074get 0.0009% / 1h0m 22s$185.2M$217.4M20x
ShortRISEx CL/USDC93.1280.0066get 0.0008% / 1h0m 22s$3.1M$2.9M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

RISEx against tradeXYZ. 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
$29.5
Price spread: +0.064% → +0.060%
$0.43
Slippage, 4 orders
−$4.34
Fee tradeXYZ: 9 bp × 2 orders
−$18
Fee RISEx: 3 bp × 2 orders
−$6
Net
$1.58
Costs to cover
0.283%
Break-even
6.6 days
Slippage from tradeXYZ: live order book, 10 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 tradeXYZ live order book, 10 min ago0.22 bp9.5 bp −$910.8 bp −$108doesn't fitdoesn't fit
Sell RISEx live order book, 4 min ago1.56 bp5.1 bp −$57.5 bp −$75doesn'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−0.0610%1h92.950−0.127%$198K$369K15xas long as short
Aster CLUSD1−0.0263%4h93.080+0.013%$24.0M$68.2M20xas long as short
GRVT CL_USDT_Perp−0.0248%4h93.052−0.018%$54K$635K25xas long as short
Binance CLUSDT−0.0206%4h93.072+0.004%$244.7M$953.6M100xas long as short
Variational Omni CL−0.0197%4h92.966−0.110%$13.5M$11.2Mas long as short
Ondo Perps WTI-USD.P−0.0163%1h92.960−0.116%$3.5M$5.6M20xas long as short
Nado WTI-PERP−0.0140%1h93.101+0.036%$963K$653K10xas long as short
Extended WTI-USD−0.0088%1h93.070+0.002%$2.1M$21.9M10xas long as short
OKX CL-USDT-SWAP−0.0082%4h93.060−0.009%$42.6M$102.9M50xas long as short
tradeXYZ xyz:CLlong−0.0074%1h93.068long leg$185.2M$217.4M20x
Show all 36 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aftermath Perps WTIUSD−0.0066%1h93.030−0.041%$2K$27K5xas long as short
Gate CL_USDT−0.0060%8h93.020−0.052%$20.9M$53.4M100xas long as short
edgeX CLUSDC−0.0047%4h92.984−0.090%$529K$302K30xas long as short
Bitget CLUSDT−0.0040%4h93.083+0.016%$42.0M$43.6M100xas long as short
Coinbase International WTIOIL-PERP-INTX−0.0040%1h92.750−0.342%$402K$944K15xas long as short
QFEX CL-USD−0.0032%1h93.020−0.052%$2.5M$1.7M10xas long as short
Lighter WTI0.0000%1h93.038−0.032%$11.2M$10.6M20xas long as short
dYdX WTI-USD0.0000%1h93.019−0.053%$8K$3K5xas long as short
Bybit CLUSDT0.0000%8h93.100+0.034%$26.8M$80.9M150xas long as short
Phoenix WTIOIL0.0000%1h93.050−0.019%$37K$42K20xas long as short
Bullet WTIOIL-USD0.0000%1h93.078+0.011%$18K$241K10xas long as short
gTrade (Gains Network) WTI/USDL 0.0000% / S +0.0036%1h92.634−0.466%$5K150xas long as short
KuCoin CLUSDTM+0.0006%4h93.054−0.015%$7.1M$2.4M50xas long as short
Paradex CL-USD-PERP+0.0011%8h93.016−0.056%$16K$3675xas long as short
StandX CL-USD+0.0040%1h93.010−0.062%$734K$2.9M40xas long as short
Vest CL-PERP+0.0046%1h93.080+0.013%$310K10xas long as short
Polymarket Perps WTIOIL-USD+0.0050%1h93.078+0.011%$1.6M$1.2M20xas long as short
SoDEX CL-USD+0.0050%1h92.980−0.095%$2.1M$60K20xas long as short
RISEx CL/USDCshort+0.0066%1h93.128+0.064%$3.1M$2.9M20x
Pacifica CL+0.0100%1h93.037−0.034%$331K$619K10xas long as short
ApeX Omni CLUSDT+0.0100%1h93.000−0.073%$56K$266K50xas long as short
Aevo WTIOIL-PERP+0.0104%1h93.034−0.037%$4K10xas long as short
Kraken Futures PF_WTIOILUSD+0.0105%1h93.012−0.060%$273K$871K25xas long as short
BloFin CL-USDT+0.0158%4h93.000−0.073%$4.1M$1.1M50xas long as short
GMX WTIOIL/USD [ETH-USDC]L +0.0209% / S −0.0134%1h93.075+0.008%$79K111xas long as short
Injective WTI/USDC PERP+0.0220%1h102.10+9.703%$19K$11K30xas long as short