CL

Leg	Exchange	Price	Fund. /8h	Each payment	Next in	OI	Vol 24h	Lev
LONG	BulletWTIOIL-USD	103.19	+0.0386	pay 0.0048% / 1h	9m 06s	$14K	$113K	10x	Long Bullet
SHORT	MEXCUSOIL_USDT	103.04	0	0.0000% / 4h	9m 06s	$72.8M	$10.4M	200x	Short MEXC

Price gap−0.142%

Funding gap−0.0386% /8h

Both sides work against this direction now: funding costs $12 a day on $10k and the gap is 0.122% under its 7d average. Swap the legs.

If you open now and hold

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

Funding−$34−0.0386% /8h now · paid −0.337% over the last 7D

Price−$12spread −0.142% now, avg −0.020% → −0.122% if it goes back

Costs−$200.204% of $10k · taker + slippage, in and out

Result−$66−0.66%no pointsWhat 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−0.142%

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

0 ok · 5 to watch

Watch: Large against open interest2.8 / 12.4 bp
$10k is over 10% of Bullet’s open interest.
Note: Margin at max leverage$1,000 + $50
Bullet 10x, MEXC 200x. 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: −$11.58Long Bullet: 24 payments, −$11.58; short MEXC: 6 payments, $0.00.
Watch: Gap narrower than usual−0.142% vs −0.020%
Less room for the price leg to pay you. If it goes back to average, the short loses.
Watch: Long leg is thinner$14K vs $72.8M OI
Bullet sets your exit cost. Check its book before closing.
Note: No points program—
Neither exchange runs points right now.
Watch: KYCBullet No · MEXC Yes
KYC before trading since Feb 2026; unverified accounts see market data only.

Profit calculator

both legs, in and out

Position, each leg

Hold for

Orders

Price spread

Funding rate

Funding earned−0.0161%/8h × 21 periods−$33.73

Price spread−0.142% → −0.020% (7d avg)−$12.22

Slippage, 4 orderslive order books−$18.45

Fee Bullet bp × 2 orders$0.00

Fee MEXC bp × 2 orders−$2.00

Net · 7 days · $10k−$66.40

Costs to cover0.204%Break-evennever at this rate

Slippage: Bullet: live order book, 14 min ago; MEXC: live order book, 14 min ago

Cost to enter

taker + slippage from mid, one side

BUY · LONGBullet0.632.8 bp−$313.9 bp−$139doesn’t fitdoesn’t fit

SELL · SHORTMEXC0.9712.4 bp−$1215.0 bp−$15040.1 bp−$4,011154.0 bp−$77.0K

Closing costs about the same again.

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 ↗

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