CL

Leg	Exchange	Price	Fund. /8h	Each payment	Next in	OI	Vol 24h	Lev
LONG	AZversewtioil_usdt	103.26	−0.0001	0.0000% / 1h	38m 38s	$1.0M	$270K	—	Long AZverse
SHORT	OrderlyPERP_CL_USDC	103.17	+0.0100	get 0.0050% / 4h	3h 38m	$228K	$8K	20x	Short Orderly

Price gap−0.087%

Funding gap+0.0101% /8h

Both sides work: funding pays +$3 a day on $10k, and the gap is 0.052% above its 7d average: +$5 more if it goes back.

If you open now and hold

on $10k a leg · figures of the last 7D, not a forecast

Funding+$2+0.0101% /8h now · paid +0.022% over the last 16 hours (all we have)

Price+$5spread −0.087% now, avg −0.139% → +0.052% if it goes back

Costsno datano order book for AZverse and Orderly

Result, before costs+$7+0.07%no pointscosts unknown: no order book for AZverse and Orderly · What the last 7D really paid, hour by hour → backtest

Price and funding

1h · history

Entry / Exit

Price spread

Prices

Fundingper 8h

ENTRY / EXIT · 7D

Entry now—

Entry average—

Best entry—

Exit now—

Exit average—

Best exit—

Exit free—

PRICE SPREAD · 7D

Now−0.087%

Average—

Range—

Wider than now—

FUNDING SPREAD · 7D

Average /8h—

Highest—

Lowest—

Paid you—

Where the spread has been, last 7D

share of time at each level

Funding on every exchange

/8h

CL on 45 exchanges

lowest funding first

Before you open

2 ok · 2 to watch

Note: Order book unknown—
No order-book sample for AZverse and Orderly: its slippage is not counted.
Note: Margin at max leverage— + $500
AZverse —, Orderly 20x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
Watch: Payment intervals differ1h / 4h
Payments land at different times. Close right after the slower leg pays.
Next 24h at the current rates, on $10k a leg: +$3.03Long AZverse: 24 payments, +$0.03; short Orderly: 6 payments, +$3.00.
OK: Entry gap works for you−0.087% vs −0.139%
You short the dearer leg. If the gap goes back to average, the short gains.
Watch: Short leg is thinner$228K vs $1.0M OI
Orderly sets your exit cost. Check its book before closing.
Note: No points program—
Neither exchange runs points right now.
OK: No KYC on either legAZverse No · Orderly No
Both exchanges let you trade without ID.

Profit calculator

both legs, in and out

Position, each leg

Hold for

Orders

Price spread

Funding rate

Funding earned+0.0107%/8h × 21 periods+$22.37

Price spread−0.087% → −0.139% (7d avg)+$5.16

Slippage, 4 ordersno data for AZverse and Orderly—

Fee AZverse bp × 2 orders−$12.00

Fee Orderly bp × 2 orders−$6.00

Net, fees only · 7 days · $10k+$9.53

Costs to cover0.180%Break-even4.0 days

Slippage: AZverse: no order-book sample; Orderly: no order-book sample

Cost to enter

taker + slippage from mid, one side

BUY · LONGAZverse—————

SELL · SHORTOrderly—————

Closing costs about the same again.
AZverse and Orderly: no data.

CL news

posts that mention CL or Crude oil (WTI), from every exchangeSearch all news →

10-23 19:28	Markets by Kinetiq	Other	WTI Crude Oil is back above $100, up 6% this week. Houthi strikes on Saudi Arabia are escalating, ship attacks near Hormuz just hit a record month, and US crude stocks have fallen three weeks straight. @Markets_xyz on X ↗
10-23 10:17	SoDEX	Other	🛢️ $CL: Will Oil Keep Rising? 🔥 Middle East tensions are heating up! Where will oil prices head next? 👀 ✅ Vote below ✅ Share your $CL position ✅ Comment your prediction! 📊 POLL: Where will $CL be by Dec 31, 2026? @sodex_official on X ↗
10-22 15:08	BingX	Other	When commodities make headlines, depth matters 📊 Trade GOLD, WTI, BRENT, and SILVER perpetuals with deeper order books on #BingXTradFi. Up to 5.1x the depth vs No.2 (GOLD-USDT, 100 bps). See the breakdown 👇 @BingXOfficial on X ↗
10-20 08:13	ApeX Omni	Other	Oil cracked. WTI -4.7% is the biggest move on the tape. bitcoin:native $81,703 -1.3%, ethereum:native $2,395 -1.5%, while $NDAQ added 1.1%. $527M went into spot bitcoin ETFs, the best day since September, with IBIT alone taking $665M. Fear and greed 55. @OfficialApeXdex on X ↗
10-19 19:35	BingX	Other	Brent topped $110, WTI broke $100, and diesel hit records as Hormuz attacks escalate. Energy rallied while the Nasdaq fell 4.5%. Oil is back driving inflation and rate fears 🛢️ @BingXOfficial on X ↗
10-19 10:35	Phemex	Other	WTI just printed below $97 while Brent holds ~$108. Oil’s pullback after Friday’s spike is more technical + Russia supply hope than a clean demand collapse. For crypto traders, lower energy costs can ease inflation pressure — but geopolitics still keep the floor elevated. Execution quality matters more than the narrative when macro signals flip. @Phemex_official on X ↗

CL