CL

Alert: funding

Alert: spread

Funding you earn now, next payment 10:00 UTC+0.0050%/8h= +5.5% APRnext payment +$0.06 per $10,000 · paid last 24h −0.009%

Price spread now: Ondo Perps against Bullet−0.198%7-day average −0.049% · you buy dearer than you sell

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

Long on Bullet Short on Ondo Perps

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)+0.067%+$7 on $10k

Price spread, last 4 days (all we have)+0.087%+$9 · spread now −0.198%, 7d avg −0.049%

Together, before fees+0.154%+ Points / potential airdropOndo Perps: Active · farm board+$15 on $10k · with fees, hour by hour

Funding pays, the price is against you. Ondo Perps is 0.150% cheaper against Bullet than usual: you would sell low and buy high (spread −0.198% now, against its 7-day average of −0.049%). If the spread goes back, that is −$15 on $10k: about 9.9 days of funding at the current rate (+$2 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bullet WTIOIL-USD	90.820	0	get 0.0000% / 1h	55m 03s	$18K	$238K	10x
Short	Ondo Perps WTI-USD.P	90.640	0.0050	get 0.0006% / 1h	55m 03s	$3.5M	$5.2M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Ondo Perps 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 Ondo PerpsbpOrdersPrice spread, now −0.198%Rate

Funding earned: $10.58
Price spread: −0.198% → −0.049%: −$14.95
Slippage, 4 orders: no order book: not counted
Fee Bullet: 4 bp × 2 orders: −$8
Fee Ondo Perps: 2.5 bp × 2 orders: −$5
Net: −$17.37
Costs to cover: 0.130%
Break-even: 18.5 days

Slippage unknown: Bullet: live order book, 39 min ago; Ondo Perps: 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, 39 min ago	1.56 bp	8.4 bp −$8	16.9 bp −$169	doesn't fit	doesn't fit
Sell Ondo Perps no order-book sample	—	—	—	—	—

Ondo Perps: 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 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	−0.0364%	1h	90.848	+0.031%	$267K	$1.0M	25x	as long as short
ApeX Omni CLUSDT	−0.0289%	1h	90.470	−0.385%	$53K	$266K	50x	as long as short
Aster CLUSD1	−0.0196%	4h	90.890	+0.077%	$24.5M	$61.5M	20x	as long as short
Deribit WTIOIL_USDC-PERPETUAL	−0.0190%	1h	90.840	+0.022%	$182K	$416K	15x	as long as short
Binance CLUSDT	−0.0117%	4h	90.870	+0.055%	$245.9M	$1.04B	100x	as long as short
Bitget CLUSDT	−0.0098%	4h	90.870	+0.055%	$40.9M	$46.2M	100x	as long as short
Variational Omni CL	−0.0091%	4h	90.607	−0.234%	$13.0M	$11.0M	—	as long as short
Gate CL_USDT	−0.0079%	8h	90.820	0.000%	$23.0M	$50.8M	100x	as long as short
Nado WTI-PERP	−0.0067%	1h	90.711	−0.120%	$936K	$614K	10x	as long as short
edgeX CLUSDC	−0.0045%	4h	90.565	−0.281%	$518K	$357K	30x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
OKX CL-USDT-SWAP	−0.0041%	4h	90.860	+0.044%	$41.1M	$112.2M	50x	as long as short
GRVT CL_USDT_Perp	−0.0040%	4h	90.480	−0.374%	$70K	$617K	25x	as long as short
Aftermath Perps WTIUSD	−0.0034%	1h	90.617	−0.223%	$1K	$27K	5x	as long as short
tradeXYZ xyz:CL	−0.0028%	1h	90.848	+0.031%	$177.0M	$208.1M	20x	as long as short
QFEX CL-USD	−0.0023%	1h	90.700	−0.132%	$2.2M	$2.9M	10x	as long as short
gTrade (Gains Network) WTI/USD	L −0.0001% / S +0.0036%	1h	89.952	−0.956%	$1K	—	150x	as long as short
dYdX WTI-USD	0.0000%	1h	90.680	−0.154%	$8K	$3K	5x	as long as short
Bybit CLUSDT	0.0000%	8h	90.890	+0.077%	$26.4M	$92.0M	150x	as long as short
RISEx CL/USDC	0.0000%	1h	90.829	+0.010%	$2.9M	$2.9M	20x	as long as short
Bullet WTIOIL-USDlong	0.0000%	1h	90.820	long leg	$18K	$238K	10x
Coinbase International WTIOIL-PERP-INTX	+0.0008%	1h	90.590	−0.253%	$408K	$1.0M	15x	as long as short
Phoenix WTIOIL	+0.0009%	1h	90.620	−0.220%	$36K	$37K	20x	as long as short
Paradex CL-USD-PERP	+0.0017%	8h	90.669	−0.166%	$15K	$367	5x	as long as short
Lighter WTI	+0.0032%	1h	90.851	+0.034%	$11.0M	$9.0M	20x	as long as short
Extended WTI-USD	+0.0032%	1h	90.870	+0.055%	$1.6M	$13.7M	10x	as long as short
Injective WTI/USDC PERP	+0.0033%	1h	102.13	+12.458%	$19K	$5K	30x	as long as short
StandX CL-USD	+0.0040%	1h	90.530	−0.319%	$704K	$2.8M	40x	as long as short
Vest CL-PERP	+0.0046%	1h	90.690	−0.143%	—	$313K	10x	as long as short
Polymarket Perps WTIOIL-USD	+0.0050%	1h	90.730	−0.099%	$1.6M	$1.2M	20x	as long as short
SoDEX CL-USD	+0.0050%	1h	90.866	+0.051%	$2.0M	$81K	20x	as long as short
Ondo Perps WTI-USD.Pshort	+0.0050%	1h	90.640	−0.198%	$3.5M	$5.2M	20x
Pacifica CL	+0.0100%	1h	90.696	−0.136%	$335K	$573K	10x	as long as short
KuCoin CLUSDTM	+0.0100%	4h	90.885	+0.072%	$6.9M	$2.8M	50x	as long as short
Aevo WTIOIL-PERP	+0.0104%	1h	90.864	+0.049%	$4K	—	10x	as long as short
BloFin CL-USDT	+0.0199%	4h	90.800	−0.022%	$4.0M	$1.0M	50x	as long as short
GMX WTIOIL/USD [ETH-USDC]	L +0.0255% / S −0.0185%	1h	90.825	+0.006%	$84K	—	111x	as long as short