CONTANGO

Two ways to hold oil.
Only one pays you
for the wait.

USO holds futures and pays to roll them forward.
XOM sells the same barrel and pays a dividend.
We track the gap and let you rotate between them.

Every roll has a price. We show it.

We snapshot both legs around the clock, including
the hours when the exchange is closed.

OPEN TERMINAL

The pair

Same barrel, two machines.

These are the only two oil-linked instruments listed on Robinhood Chain. Everything here is read live from the chain's own asset registry and quote feed.

Open the terminal

Why they drift

One of them leaks on a schedule.

The fund pays to stay long

USO never touches a barrel. It holds front-month futures and must sell them before delivery to buy the next month. When the far month costs more than the near one — contango — every roll buys back less exposure than it sold.

The company gets paid to sell

XOM owns reserves, refineries and contracts. Its earnings move with crude, but it carries no roll, and what it returns to holders arrives as a dividend rather than as a drag.

So the ratio has a floor and a drift

Both instruments track the same commodity, so they move together day to day. But one leaks value on a schedule and the other accrues it, which gives the ratio a structural tilt on top of the noise.

See the mechanism

How it works

Three moves, no custody.

01

Read the gap

Live quotes for both legs, the spread you pay to cross each one, and where the ratio sits against its own history.

02

Take one side

Capital sits in XOM or in USO, never both. Rotation is a single swap routed through 1inch on Robinhood Chain.

03

Keep custody

Tokens go straight to your wallet. There is no vault, no deposit and no contract of ours holding anything.

Limits

What this is not.

  • There is no short leg. No borrow market for stock tokens exists on Robinhood Chain, so a true long/short pair trade cannot be assembled. Capital rotates between the legs instead.
  • No leverage, no margin, no liquidation. You hold spot tokens in your own wallet.
  • Stock Tokens are not available in the United States. Availability depends on your jurisdiction.
  • Nothing here is advice. The ratio has behaved a certain way historically; that is not a claim about tomorrow.