CL

Alert: funding

Alert: spread

Funding you earn now, next payment 10:00 UTC−0.0036%/8h= −3.9% APRnext payment −$0.04 per $10,000 · paid last 24h −0.009%

Price spread now: gTrade (Gains Network) against Bullet−0.419%59s7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Bullet Short on gTrade (Gains Network)

What this pair did over the last

the charts below follow

Funding, last 1 day (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and gTrade (Gains Network) is 0.419% cheaper against Bullet than usual: you would sell low and buy high (−$42 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 59 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	90.921	0	get 0.0000% / 1h	17m 33s	$17K	$237K	10x
Short	gTrade (Gains Network) WTI/USD	90.540	L −0.0001% / S +0.0036%	pay 0.0004% / 1h	17m 33s	$1K	—	150x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

gTrade (Gains Network) 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 gTrade (Gains Network)bpOrdersPrice spread, now −0.419%Rate

Funding earned: −$7.5
Price spread: −0.419% → 0.000%: −$41.95
Slippage, 4 orders: no order book: not counted
Fee Bullet: 4 bp × 2 orders: −$8
Fee gTrade (Gains Network): 4 bp × 2 orders: −$8
Net: −$65.45
Costs to cover: 0.160%
Break-even: never at this rate

Slippage unknown: Bullet: live order book, 34 min ago; gTrade (Gains Network): 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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Bullet live order book, 34 min ago	0.55 bp	6.4 bp −$6	17.4 bp −$174	doesn't fit	doesn't fit
Sell gTrade (Gains Network) no order-book sample	—	—	—	—	—

gTrade (Gains Network): 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 exchanges

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
Deribit WTIOIL_USDC-PERPETUAL	−0.0520%	1h	90.860	−0.068%	$182K	$429K	15x	as long as short
Kraken Futures PF_WTIOILUSD	−0.0364%	1h	90.898	−0.025%	$304K	$1.3M	25x	as long as short
Aster CLUSD1	−0.0172%	4h	90.890	−0.035%	$24.6M	$65.6M	20x	as long as short
Binance CLUSDT	−0.0113%	4h	90.870	−0.057%	$246.3M	$1.09B	100x	as long as short
Bitget CLUSDT	−0.0110%	4h	90.836	−0.094%	$41.3M	$48.8M	100x	as long as short
Extended WTI-USD	−0.0096%	1h	90.850	−0.079%	$1.4M	$13.8M	10x	as long as short
Variational Omni CL	−0.0084%	4h	90.906	−0.017%	$12.9M	$11.1M	—	as long as short
Nado WTI-PERP	−0.0081%	1h	90.891	−0.034%	$914K	$652K	10x	as long as short
Ondo Perps WTI-USD.P	−0.0072%	1h	90.790	−0.145%	$3.4M	$5.7M	20x	as long as short
Gate CL_USDT	−0.0071%	8h	90.780	−0.156%	$23.1M	$53.6M	100x	as long as short

Show all 36 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
tradeXYZ xyz:CL	−0.0061%	1h	90.850	−0.079%	$176.4M	$209.3M	20x	as long as short
GRVT CL_USDT_Perp	−0.0040%	4h	90.943	+0.024%	$70K	$616K	25x	as long as short
Aftermath Perps WTIUSD	−0.0032%	1h	90.981	+0.066%	$2K	$27K	5x	as long as short
OKX CL-USDT-SWAP	−0.0024%	4h	90.850	−0.079%	$40.6M	$117.5M	50x	as long as short
QFEX CL-USD	−0.0023%	1h	90.850	−0.079%	$2.2M	$3.0M	10x	as long as short
edgeX CLUSDC	−0.0004%	4h	90.918	−0.004%	$508K	$379K	30x	as long as short
gTrade (Gains Network) WTI/USDshort	L −0.0001% / S +0.0036%	1h	90.540	−0.419%	$1K	—	150x
dYdX WTI-USD	0.0000%	1h	90.969	+0.052%	$8K	$3K	5x	as long as short
Bybit CLUSDT	0.0000%	8h	90.870	−0.057%	$26.9M	$95.8M	150x	as long as short
RISEx CL/USDC	0.0000%	1h	90.874	−0.052%	$2.9M	$3.0M	20x	as long as short
Bullet WTIOIL-USDlong	0.0000%	1h	90.921	long leg	$17K	$237K	10x
Coinbase International WTIOIL-PERP-INTX	+0.0008%	1h	90.800	−0.134%	$425K	$1.1M	15x	as long as short
Paradex CL-USD-PERP	+0.0014%	8h	90.798	−0.136%	$15K	$367	5x	as long as short
Lighter WTI	+0.0016%	1h	90.854	−0.074%	$11.1M	$9.5M	20x	as long as short
Injective WTI/USDC PERP	+0.0033%	1h	100.27	+10.280%	$19K	$5K	30x	as long as short
StandX CL-USD	+0.0040%	1h	90.970	+0.053%	$708K	$2.8M	40x	as long as short
Vest CL-PERP	+0.0046%	1h	90.850	−0.079%	—	$313K	10x	as long as short
Polymarket Perps WTIOIL-USD	+0.0050%	1h	90.893	−0.031%	$1.6M	$1.3M	20x	as long as short
SoDEX CL-USD	+0.0050%	1h	90.908	−0.015%	$2.0M	$81K	20x	as long as short
Phoenix WTIOIL	+0.0053%	1h	90.950	+0.031%	$36K	$37K	20x	as long as short
Pacifica CL	+0.0100%	1h	90.827	−0.104%	$314K	$709K	10x	as long as short
KuCoin CLUSDTM	+0.0100%	4h	90.868	−0.059%	$6.8M	$2.8M	50x	as long as short
ApeX Omni CLUSDT	+0.0100%	1h	90.960	+0.042%	$53K	$266K	50x	as long as short
Aevo WTIOIL-PERP	+0.0104%	1h	90.881	−0.045%	$4K	—	10x	as long as short
BloFin CL-USDT	+0.0218%	4h	90.960	+0.042%	$3.9M	$1.0M	50x	as long as short
GMX WTIOIL/USD [ETH-USDC]	L +0.0250% / S −0.0172%	1h	90.925	+0.004%	$81K	—	111x	as long as short