CL

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0107%/8h= +11.7% APRnext payment +$0.13 per $10,000 · paid last 24h +0.010%

Price spread now: Extended against Bullet+0.071%46s7-day average −0.014% · you sell dearer than you buy

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$190.191% of the position

Long on Bullet Short on Extended

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.176%+$18 on $10k

Price spread, last 3 days (all we have)−0.080%−$8 · spread now +0.071%, 7d avg −0.014%

Together, before fees+0.096%+ Points / potential airdropExtended: Active · farm board+$10 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Extended is 0.085% dearer against Bullet than usual: you sell high and buy low: +$8 more if the spread goes back to its 7-day average of −0.014%. The two prices were read 46 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bullet WTIOIL-USD	92.015	−0.0075	get 0.0009% / 1h	47m 35s	$19K	$241K	10x
Short	Extended WTI-USD	92.080	0.0032	get 0.0004% / 1h	47m 35s	$2.0M	$27.5M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Extended against Bullet. 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

Position, each leg$Hold fordaysFee BulletbpFee ExtendedbpOrdersPrice spread, now +0.071%Rate

Funding earned: $22.52
Price spread: +0.071% → −0.014%: $8.47
Slippage, 4 orders: −$6.14
Fee Bullet: 4 bp × 2 orders: −$8
Fee Extended: 2.5 bp × 2 orders: −$5
Net: $11.85
Costs to cover: 0.191%
Break-even: 3.3 days

Slippage from Bullet: live order book, 31 min ago; Extended: live order book, 2 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Bullet live order book, 31 min ago	0.54 bp	6.3 bp −$6	16.9 bp −$169	doesn't fit	doesn't fit
Sell Extended live order book, 2 min ago	0.05 bp	2.8 bp −$3	5.7 bp −$57	22.2 bp −$2,216	doesn't fit

CL on 36 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Kraken Futures PF_WTIOILUSD	−0.0450%	1h	92.035	+0.021%	$275K	$1.2M	25x	as long as short
Deribit WTIOIL_USDC-PERPETUAL	−0.0293%	1h	92.030	+0.016%	$96K	$189K	15x	as long as short
GRVT CL_USDT_Perp	−0.0282%	4h	92.000	−0.016%	$58K	$702K	25x	as long as short
Aster CLUSD1	−0.0218%	4h	92.030	+0.016%	$23.9M	$77.6M	20x	as long as short
Nado WTI-PERP	−0.0171%	1h	92.080	+0.071%	$923K	$744K	10x	as long as short
Lighter WTI	−0.0136%	1h	92.008	−0.008%	$11.1M	$10.9M	20x	as long as short
Ondo Perps WTI-USD.P	−0.0135%	1h	92.000	−0.016%	$3.5M	$6.4M	20x	as long as short
Binance CLUSDT	−0.0135%	4h	92.010	−0.005%	$245.2M	$1.10B	100x	as long as short
tradeXYZ xyz:CL	−0.0110%	1h	92.033	+0.020%	$185.6M	$275.7M	20x	as long as short
Paradex CL-USD-PERP	−0.0106%	8h	91.995	−0.022%	$15K	$367	5x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Variational Omni CL	−0.0096%	4h	91.994	−0.023%	$13.4M	$13.0M	—	as long as short
Bullet WTIOIL-USDlong	−0.0075%	1h	92.015	long leg	$19K	$241K	10x
QFEX CL-USD	−0.0054%	1h	92.000	−0.016%	$2.4M	$2.6M	10x	as long as short
Gate CL_USDT	−0.0021%	8h	91.970	−0.049%	$21.3M	$57.5M	100x	as long as short
Pacifica CL	−0.0020%	1h	92.022	+0.008%	$332K	$576K	10x	as long as short
dYdX WTI-USD	0.0000%	1h	92.108	+0.101%	$8K	$3K	5x	as long as short
Bybit CLUSDT	0.0000%	8h	92.030	+0.016%	$25.6M	$94.8M	150x	as long as short
OKX CL-USDT-SWAP	0.0000%	4h	92.020	+0.005%	$43.1M	$113.1M	50x	as long as short
RISEx CL/USDC	0.0000%	1h	92.128	+0.123%	$3.3M	$2.7M	20x	as long as short
Bitget CLUSDT	0.0000%	4h	92.005	−0.011%	$41.9M	$51.8M	100x	as long as short
Phoenix WTIOIL	0.0000%	1h	92.080	+0.071%	$37K	$101K	20x	as long as short
Coinbase International WTIOIL-PERP-INTX	0.0000%	1h	92.030	+0.016%	$399K	$987K	15x	as long as short
gTrade (Gains Network) WTI/USD	L 0.0000% / S +0.0036%	1h	91.608	−0.442%	$4K	—	150x	as long as short
edgeX CLUSDC	+0.0009%	4h	92.033	+0.020%	$529K	$335K	30x	as long as short
Polymarket Perps WTIOIL-USD	+0.0026%	1h	92.018	+0.003%	$1.6M	$1.4M	20x	as long as short
Extended WTI-USDshort	+0.0032%	1h	92.080	+0.071%	$2.0M	$27.5M	10x
StandX CL-USD	+0.0040%	1h	92.000	−0.016%	$723K	$3.1M	40x	as long as short
Aftermath Perps WTIUSD	+0.0041%	1h	92.027	+0.013%	$2K	$29K	5x	as long as short
Vest CL-PERP	+0.0046%	1h	92.080	+0.071%	—	$308K	10x	as long as short
SoDEX CL-USD	+0.0050%	1h	92.015	0.000%	$2.0M	$39K	20x	as long as short
KuCoin CLUSDTM	+0.0100%	4h	92.015	0.000%	$7.3M	$2.1M	50x	as long as short
ApeX Omni CLUSDT	+0.0100%	1h	92.050	+0.038%	$55K	$266K	50x	as long as short
Aevo WTIOIL-PERP	+0.0104%	1h	91.978	−0.040%	$4K	—	10x	as long as short
GMX WTIOIL/USD [ETH-USDC]	L +0.0203% / S −0.0127%	1h	92.005	−0.011%	$76K	—	111x	as long as short
Injective WTI/USDC PERP	+0.0220%	1h	101.28	+10.064%	$19K	$11K	30x	as long as short
BloFin CL-USDT	+0.0240%	4h	92.020	+0.005%	$4.0M	$1.4M	50x	as long as short