CL

Alert: funding

Alert: spread

Funding you earn now, next payment 11:00 UTC−0.0055%/8h= −6.0% APRnext payment −$0.07 per $10,000 · paid last 24h −0.018%

Price spread now: Nado against dYdX−0.042%7-day average — · you buy dearer than you sell

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

Long on dYdX Short on Nado

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—+ Points / potential airdropNado: Active · farm boardneeds both histories

Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Nado is 0.042% cheaper against dYdX than usual: you would sell low and buy high (−$4 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	dYdX WTI-USD	89.600	0	get 0.0000% / 1h	57m 07s	$8K	$3K	5x
Short	Nado WTI-PERP	89.562	−0.0055	pay 0.0007% / 1h	57m 07s	$869K	$682K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Nado against dYdX. 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 dYdXbpFee NadobpOrdersPrice spread, now −0.042%Rate

Funding earned: −$11.58
Price spread: −0.042% → 0.000%: −$4.19
Slippage, 4 orders: no order book: not counted
Fee dYdX: 5 bp × 2 orders: −$10
Fee Nado: 3.5 bp × 2 orders: −$7
Net: −$32.77
Costs to cover: 0.170%
Break-even: never at this rate

Slippage unknown: dYdX: no order-book sample; Nado: live order book, 54 min ago. 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 dYdX no order-book sample	—	—	—	—	—
Sell Nado live order book, 54 min ago	1.04 bp	5.4 bp −$5	8.7 bp −$87	35.5 bp −$3,553	doesn't fit

dYdX: 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
Kraken Futures PF_WTIOILUSD	−0.0342%	1h	89.501	−0.111%	$318K	$1.8M	25x	as long as short
Ondo Perps WTI-USD.P	−0.0172%	1h	89.480	−0.134%	$3.4M	$6.1M	20x	as long as short
Aster CLUSD1	−0.0149%	4h	89.561	−0.044%	$24.5M	$70.7M	20x	as long as short
tradeXYZ xyz:CL	−0.0140%	1h	89.461	−0.155%	$169.7M	$244.3M	20x	as long as short
Bitget CLUSDT	−0.0118%	4h	89.452	−0.165%	$40.7M	$55.4M	100x	as long as short
Binance CLUSDT	−0.0103%	4h	89.503	−0.108%	$239.0M	$1.19B	100x	as long as short
GRVT CL_USDT_Perp	−0.0098%	4h	89.642	+0.047%	$73K	$632K	25x	as long as short
Extended WTI-USD	−0.0088%	1h	89.520	−0.089%	$1.3M	$14.7M	10x	as long as short
Variational Omni CL	−0.0081%	4h	90.154	+0.618%	$12.7M	$11.3M	—	as long as short
edgeX CLUSDC	−0.0081%	4h	90.230	+0.703%	$504K	$380K	30x	as long as short

Show all 36 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Gate CL_USDT	−0.0070%	8h	89.410	−0.212%	$23.0M	$52.9M	100x	as long as short
Lighter WTI	−0.0064%	1h	89.477	−0.137%	$10.7M	$10.0M	20x	as long as short
Nado WTI-PERPshort	−0.0055%	1h	89.562	−0.042%	$869K	$682K	10x
Aftermath Perps WTIUSD	−0.0048%	1h	89.928	+0.367%	$1K	$27K	5x	as long as short
Coinbase International WTIOIL-PERP-INTX	−0.0040%	1h	89.640	+0.045%	$409K	$1.5M	15x	as long as short
OKX CL-USDT-SWAP	−0.0039%	4h	89.490	−0.123%	$39.7M	$129.2M	50x	as long as short
QFEX CL-USD	−0.0025%	1h	89.580	−0.022%	$2.2M	$2.8M	10x	as long as short
gTrade (Gains Network) WTI/USD	L −0.0001% / S +0.0036%	1h	89.147	−0.505%	$606	—	150x	as long as short
dYdX WTI-USDlong	0.0000%	1h	89.600	long leg	$8K	$3K	5x
Bybit CLUSDT	0.0000%	8h	89.480	−0.134%	$26.8M	$108.0M	150x	as long as short
RISEx CL/USDC	0.0000%	1h	89.582	−0.020%	$2.8M	$3.1M	20x	as long as short
Bullet WTIOIL-USD	0.0000%	1h	89.508	−0.102%	$17K	$238K	10x	as long as short
Deribit WTIOIL_USDC-PERPETUAL	0.0000%	1h	89.500	−0.111%	$110K	$552K	15x	as long as short
Paradex CL-USD-PERP	+0.0009%	8h	89.460	−0.156%	$15K	$367	5x	as long as short
StandX CL-USD	+0.0040%	1h	89.600	0.000%	$692K	$2.8M	40x	as long as short
Vest CL-PERP	+0.0046%	1h	89.550	−0.056%	—	$313K	10x	as long as short
Polymarket Perps WTIOIL-USD	+0.0050%	1h	89.549	−0.057%	$1.6M	$1.4M	20x	as long as short
SoDEX CL-USD	+0.0050%	1h	89.474	−0.140%	$2.0M	$82K	20x	as long as short
Phoenix WTIOIL	+0.0053%	1h	90.370	+0.860%	$33K	$37K	20x	as long as short
Pacifica CL	+0.0100%	1h	89.535	−0.073%	$300K	$729K	10x	as long as short
KuCoin CLUSDTM	+0.0100%	4h	89.492	−0.120%	$6.9M	$3.0M	50x	as long as short
ApeX Omni CLUSDT	+0.0100%	1h	89.600	0.000%	$52K	$266K	50x	as long as short
Aevo WTIOIL-PERP	+0.0104%	1h	89.472	−0.142%	$4K	—	10x	as long as short
GMX WTIOIL/USD [ETH-USDC]	L +0.0166% / S +0.0013%	1h	89.505	−0.106%	$73K	—	111x	as long as short
BloFin CL-USDT	+0.0199%	4h	89.510	−0.100%	$3.9M	$1.1M	50x	as long as short
Injective WTI/USDC PERP	+0.0220%	1h	90.137	+0.600%	$16K	$5K	30x	as long as short