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

CL

RWAall CL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC+0.0174%/8h= +19.1% APRnext payment +$0.22 per $10,000 · paid last 24h +0.028%
Price spread now: Injective against Vest+9.652%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropVest: Active · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$5 a day on $10k at the current rate, and Injective is 9.652% dearer against Vest than usual: you sell high and buy low: +$965 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVest CL-PERP93.3600.0046pay 0.0006% / 1h7m 12s$313K10x
ShortInjective WTI/USDC PERP102.370.0220get 0.0028% / 1h7m 12s$19K$11K30x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Injective against Vest. 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
$36.61
Price spread: +9.652% → 0.000%
$965.19
Slippage, 4 orders
no order book: not counted
Fee Vest: 1 bp × 2 orders
−$2
Fee Injective: 0.01 bp × 2 orders
−$0.02
Net
$999.78
Costs to cover
0.020%
Break-even
from the start
Slippage unknown: Vest: no order-book sample; Injective: no order-book sample. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Vest no order-book sample
Sell Injective no order-book sample
Vest and 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Deribit WTIOIL_USDC-PERPETUAL−0.0500%1h93.320−0.043%$198K$371K15xas long as short
GRVT CL_USDT_Perp−0.0334%4h93.324−0.039%$58K$654K25xas long as short
Aster CLUSD1−0.0284%4h93.350−0.011%$24.3M$65.9M20xas long as short
Binance CLUSDT−0.0189%4h93.340−0.021%$246.5M$939.9M100xas long as short
Variational Omni CL−0.0173%4h93.308−0.056%$13.3M$10.9Mas long as short
Aftermath Perps WTIUSD−0.0141%1h93.300−0.064%$2K$26K5xas long as short
Bitget CLUSDT−0.0130%4h93.344−0.017%$42.0M$43.2M100xas long as short
Ondo Perps WTI-USD.P−0.0129%1h93.280−0.086%$3.5M$5.4M20xas long as short
Nado WTI-PERP−0.0110%1h93.403+0.046%$966K$629K10xas long as short
edgeX CLUSDC−0.0079%4h93.332−0.030%$525K$306K30xas long as short
Show all 36 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate CL_USDT−0.0069%8h93.300−0.064%$21.4M$51.5M100xas long as short
OKX CL-USDT-SWAP−0.0065%4h93.340−0.021%$42.7M$103.1M50xas long as short
Kraken Futures PF_WTIOILUSD−0.0061%1h93.368+0.008%$282K$961K25xas long as short
tradeXYZ xyz:CL−0.0061%1h93.348−0.013%$184.7M$217.1M20xas long as short
Coinbase International WTIOIL-PERP-INTX−0.0040%1h93.160−0.214%$403K$929K15xas long as short
QFEX CL-USD−0.0033%1h93.330−0.032%$2.3M$2.0M10xas long as short
Paradex CL-USD-PERP−0.0022%8h93.321−0.042%$16K$3675xas long as short
Phoenix WTIOIL−0.0009%1h93.370+0.011%$37K$41K20xas long as short
Lighter WTI0.0000%1h93.337−0.025%$11.2M$10.4M20xas long as short
dYdX WTI-USD0.0000%1h93.329−0.033%$8K$3K5xas long as short
Bybit CLUSDT0.0000%8h93.354−0.006%$27.0M$80.1M150xas long as short
RISEx CL/USDC0.0000%1h93.408+0.051%$3.1M$2.9M20xas long as short
Bullet WTIOIL-USD0.0000%1h93.351−0.010%$19K$241K10xas long as short
gTrade (Gains Network) WTI/USDL 0.0000% / S +0.0036%1h92.903−0.490%$5K150xas long as short
Extended WTI-USD+0.0008%1h93.390+0.032%$2.0M$18.3M10xas long as short
KuCoin CLUSDTM+0.0016%4h93.378+0.019%$7.1M$2.4M50xas long as short
StandX CL-USD+0.0040%1h93.180−0.193%$737K$2.9M40xas long as short
Vest CL-PERPlong+0.0046%1h93.360long leg$313K10x
Polymarket Perps WTIOIL-USD+0.0050%1h93.347−0.014%$1.7M$1.3M20xas long as short
SoDEX CL-USD+0.0050%1h93.348−0.013%$2.1M$60K20xas long as short
Pacifica CL+0.0100%1h93.350−0.010%$331K$579K10xas long as short
ApeX Omni CLUSDT+0.0100%1h93.400+0.043%$54K$266K50xas long as short
Aevo WTIOIL-PERP+0.0104%1h93.314−0.049%$4K10xas long as short
BloFin CL-USDT+0.0175%4h93.350−0.011%$4.0M$990K50xas long as short
Injective WTI/USDC PERPshort+0.0220%1h102.37+9.652%$19K$11K30x
GMX WTIOIL/USD [ETH-USDC]L +0.0225% / S −0.0152%1h93.355−0.005%$81K111xas long as short