CL

Alert: funding

Alert: spread

Funding you earn now, next payment 21:00 UTC−0.0007%/8h= −0.7% APRnext payment −$0.01 per $10,000 · paid last 24h +0.046%

Price spread now: Injective against Coinbase International−0.039%64s7-day average — · you buy dearer than you sell

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

Long on Coinbase International Short on Injective

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)—no history yet

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

Together, before fees—needs both histories

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Injective is 0.039% cheaper against Coinbase International than usual: you would sell low and buy high, −$4 on $10k if it goes back to zero (this spread has no 7-day history yet). The two prices were read 64 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	Coinbase International WTIOIL-PERP-INTX	92.080	0.0040	pay 0.0005% / 1h	23m 31s	$393K	$1.3M	15x
Short	Injective WTI/USDC PERP	92.044	0.0033	get 0.0004% / 1h	23m 31s	$17K	$18K	30x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Injective against Coinbase International. 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 Coinbase InternationalbpFee InjectivebpOrdersPrice spread, now −0.039%Rate

Funding earned: −$1.4
Price spread: −0.039% → 0.000%: −$3.91
Slippage, 4 orders: no order book: not counted
Fee Coinbase International: 5 bp × 2 orders: −$10
Fee Injective: 0.01 bp × 2 orders: −$0.02
Net: −$15.33
Costs to cover: 0.100%
Break-even: never at this rate

Slippage unknown: Coinbase International: live order book, 5 min ago; Injective: 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 Coinbase International live order book, 5 min ago	0.54 bp	8.5 bp −$9	11.0 bp −$110	doesn't fit	doesn't fit
Sell Injective no order-book sample	—	—	—	—	—

Injective: 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 35 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
QFEX CL-USD	−0.0019%	1h	91.980	−0.109%	$2.4M	$2.8M	10x	as long as short
Aster CLUSD1	0.0000%	4h	92.007	−0.079%	$24.6M	$77.0M	20x	as long as short
dYdX WTI-USD	0.0000%	1h	91.916	−0.178%	$8K	$3K	5x	as long as short
Binance CLUSDT	0.0000%	4h	91.991	−0.097%	$247.0M	$1.14B	100x	as long as short
Bybit CLUSDT	0.0000%	8h	91.970	−0.119%	$25.3M	$100.3M	150x	as long as short
OKX CL-USDT-SWAP	0.0000%	4h	91.960	−0.130%	$43.1M	$117.1M	50x	as long as short
Gate CL_USDT	0.0000%	8h	91.900	−0.195%	$21.2M	$63.1M	100x	as long as short
Bitget CLUSDT	0.0000%	4h	91.957	−0.134%	$42.2M	$69.1M	100x	as long as short
Variational Omni CL	0.0000%	4h	91.992	−0.096%	$13.7M	$16.1M	—	as long as short
GRVT CL_USDT_Perp	0.0000%	4h	91.989	−0.099%	$58K	$782K	25x	as long as short

Show all 35 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bullet WTIOIL-USD	0.0000%	1h	91.963	−0.127%	$18K	$241K	10x	as long as short
Deribit WTIOIL_USDC-PERPETUAL	0.0000%	1h	91.990	−0.098%	$95K	$291K	15x	as long as short
Aftermath Perps WTIUSD	+0.0001%	1h	91.960	−0.130%	$2K	$31K	5x	as long as short
Phoenix WTIOIL	+0.0009%	1h	92.020	−0.065%	$33K	$99K	20x	as long as short
Lighter WTI	+0.0032%	1h	91.948	−0.143%	$11.0M	$12.3M	20x	as long as short
Extended WTI-USD	+0.0032%	1h	92.015	−0.071%	$1.9M	$29.7M	10x	as long as short
Injective WTI/USDC PERPshort	+0.0033%	1h	92.044	−0.039%	$17K	$18K	30x
Kraken Futures PF_WTIOILUSD	+0.0040%	1h	91.988	−0.100%	$258K	$1.3M	25x	as long as short
StandX CL-USD	+0.0040%	1h	91.980	−0.109%	$725K	$3.1M	40x	as long as short
Coinbase International WTIOIL-PERP-INTXlong	+0.0040%	1h	92.080	long leg	$393K	$1.3M	15x
edgeX CLUSDC	+0.0042%	4h	91.987	−0.101%	$529K	$341K	30x	as long as short
Vest CL-PERP	+0.0046%	1h	92.020	−0.065%	—	$243K	10x	as long as short
tradeXYZ xyz:CL	+0.0050%	1h	91.960	−0.130%	$182.3M	$294.2M	20x	as long as short
Polymarket Perps WTIOIL-USD	+0.0050%	1h	91.977	−0.112%	$1.6M	$1.4M	20x	as long as short
SoDEX CL-USD	+0.0050%	1h	91.981	−0.108%	$2.0M	$40K	20x	as long as short
Ondo Perps WTI-USD.P	+0.0050%	1h	91.980	−0.109%	$3.5M	$6.6M	20x	as long as short
Paradex CL-USD-PERP	+0.0096%	8h	91.958	−0.133%	$15K	$367	5x	as long as short
Pacifica CL	+0.0100%	1h	91.990	−0.098%	$332K	$573K	10x	as long as short
KuCoin CLUSDTM	+0.0100%	4h	91.971	−0.118%	$7.4M	$2.1M	50x	as long as short
ApeX Omni CLUSDT	+0.0100%	1h	92.080	0.000%	$55K	$265K	50x	as long as short
Aevo WTIOIL-PERP	+0.0104%	1h	91.972	−0.117%	$4K	$49	10x	as long as short
Nado WTI-PERP	+0.0187%	1h	91.961	−0.129%	$879K	$786K	10x	as long as short
GMX WTIOIL/USD [ETH-USDC]	L +0.0212% / S −0.0127%	1h	91.985	−0.103%	$76K	—	29x	as long as short
BloFin CL-USDT	+0.0240%	4h	91.910	−0.185%	$4.0M	$1.5M	50x	as long as short
RISEx CL/USDC	+0.0266%	1h	92.121	+0.044%	$3.2M	$2.7M	20x	as long as short