CL

Leg	Exchange	Price	Fund. /8h	Each payment	Next in	OI	Vol 24h	Lev
LONG	BitgetCLUSDT	90.985	−0.0090	get 0.0045% / 4h	2h 29m	$30.5M	$89.9M	100x	Long Bitget
SHORT	PopdexCLUSDT	91.015	+0.0048	get 0.0006% / 1h	29m 27s	$539K	$771K	20x	Short Popdex

Price gap+0.033%

Funding gap+0.0138% /8h

Funding trade: +$4 a day on $10k at the current rate, before costs. The price gap is at its 7d average.

If you open now and hold

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

Funding+$37+0.0138% /8h now · paid +0.373% over the last 7D

Price$0spread +0.033% now, avg +0.030% → +0.003% if it goes back

Costs−$250.246% of $10k · taker + slippage, in and out

Result+$13+0.13%no pointsWhat the last 7D really paid, hour by hour → backtest

Price and funding

1h · loading 5m…

Entry / ExitPopdex: thin, under $1M open interest

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+0.033%

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 37 exchanges

lowest funding first

Before you open

1 ok · 3 to watch

OK: Fits both order books7.7 / 4.5 bp
Entry at $10k a leg, taker fee + slippage. Closing costs about the same.
Note: Margin at max leverage$100 + $500
Bitget 100x, Popdex 20x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
Watch: Payment intervals differ4h / 1h
Payments land at different times. Close right after the slower leg pays.
Next 24h at the current rates, on $10k a leg: +$4.14Long Bitget: 6 payments, +$2.70; short Popdex: 24 payments, +$1.44.
Note: Gap at its usual level+0.033% vs +0.030%
The price leg adds little either way.
Watch: Short leg is thinner$539K vs $30.5M OI
Popdex sets your exit cost. Check its book before closing.
Note: No points program—
Neither exchange runs points right now.
Watch: KYCBitget Yes · Popdex No
KYC mandatory since Sep 2023; unverified accounts can only withdraw and close positions.

Profit calculator

both legs, in and out

Position, each leg

Hold for

Orders

Price spread

Funding rate

Funding earned+0.0196%/8h × 21 periods+$41.10

Price spread+0.033% → +0.030% (7d avg)+$0.26

Slippage, 4 orderslive order books−$6.18

Fee Bitget bp × 2 orders−$12.00

Fee Popdex bp × 2 orders−$6.40

Net · 7 days · $10k+$16.79

Costs to cover0.246%Break-even4.1 days

Slippage: Bitget: live order book, 4 min ago; Popdex: live order book, 4 min ago

Cost to enter

taker + slippage from mid, one side

BUY · LONGBitget0.607.7 bp−$89.3 bp−$9319.6 bp−$1,96161.6 bp−$30.8K

SELL · SHORTPopdex1.264.5 bp−$44.6 bp−$4610.2 bp−$1,024doesn’t fit

Closing costs about the same again.

CL news

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

09-25 16:46	Kalshi	Other	BREAKING: WTI oil down nearly 3% in the last 1 hour as Al Jazeera reports US-Iran talks have entered "technical stage" @Kalshi on X ↗
09-25 13:31	Vest Markets	Other	At the open, $CL is down around 2%, with Iran proposing on Thursday to reopen the Strait of Hormuz within seven days. Negotiators are exploring a phased arrangement in which Tehran reopens the strait and Washington lifts its economic blockade of Iran, per Reuters. Trade $CL volatility with a Vest Capital funded account and access up to $25k in trading capital. @VestExchange on X ↗

CL