CL

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC−0.0040%/8h= −4.4% APRnext payment −$0.05 per $10,000 · paid last 24h +0.003%

Price spread now: Coinbase International against gTrade (Gains Network)+0.309%7-day average — · you sell dearer than you buy

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

Long on gTrade (Gains Network)Short on Coinbase International

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

The price spread pays, funding is against you. Coinbase International is 0.309% dearer against gTrade (Gains Network) than usual: you sell high and buy low (spread +0.309% now, against zero (this spread has no 7-day history yet)): +$31 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 26 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	gTrade (Gains Network) WTI/USD	92.464	L 0.0000% / S +0.0036%	pay 0.0000% / 1h	8m 55s	$5K	—	150x
Short	Coinbase International WTIOIL-PERP-INTX	92.750	−0.0040	pay 0.0005% / 1h	8m 55s	$402K	$944K	15x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Coinbase International against gTrade (Gains Network). 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 gTrade (Gains Network)bpFee Coinbase InternationalbpOrdersPrice spread, now +0.309%Rate

Funding earned: −$8.43
Price spread: +0.309% → 0.000%: $30.93
Slippage, 4 orders: no order book: not counted
Fee gTrade (Gains Network): 4 bp × 2 orders: −$8
Fee Coinbase International: 5 bp × 2 orders: −$10
Net: $4.5
Costs to cover: 0.180%
Break-even: from the start

Slippage unknown: gTrade (Gains Network): no order-book sample; Coinbase International: live order book, 29 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 gTrade (Gains Network) no order-book sample	—	—	—	—	—
Sell Coinbase International live order book, 29 min ago	1.62 bp	6.6 bp −$7	8.8 bp −$88	doesn't fit	doesn't fit

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 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
Deribit WTIOIL_USDC-PERPETUAL	−0.0611%	1h	92.860	+0.428%	$198K	$369K	15x	as long as short
Aster CLUSD1	−0.0263%	4h	92.900	+0.472%	$24.0M	$67.9M	20x	as long as short
GRVT CL_USDT_Perp	−0.0246%	4h	92.895	+0.467%	$53K	$635K	25x	as long as short
Binance CLUSDT	−0.0206%	4h	92.895	+0.466%	$244.7M	$952.0M	100x	as long as short
Variational Omni CL	−0.0197%	4h	92.897	+0.468%	$13.5M	$11.2M	—	as long as short
Ondo Perps WTI-USD.P	−0.0164%	1h	92.890	+0.461%	$3.5M	$5.6M	20x	as long as short
Nado WTI-PERP	−0.0150%	1h	92.944	+0.519%	$961K	$656K	10x	as long as short
OKX CL-USDT-SWAP	−0.0078%	4h	92.890	+0.461%	$42.8M	$102.1M	50x	as long as short
tradeXYZ xyz:CL	−0.0073%	1h	92.900	+0.472%	$184.4M	$216.6M	20x	as long as short
Extended WTI-USD	−0.0072%	1h	92.940	+0.515%	$2.1M	$22.2M	10x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Gate CL_USDT	−0.0071%	8h	92.840	+0.407%	$20.9M	$53.1M	100x	as long as short
Aftermath Perps WTIUSD	−0.0066%	1h	92.913	+0.486%	$2K	$27K	5x	as long as short
Coinbase International WTIOIL-PERP-INTXshort	−0.0040%	1h	92.750	+0.309%	$402K	$944K	15x
QFEX CL-USD	−0.0032%	1h	92.870	+0.439%	$2.5M	$1.7M	10x	as long as short
edgeX CLUSDC	−0.0017%	4h	92.917	+0.490%	$529K	$302K	30x	as long as short
Bitget CLUSDT	−0.0010%	4h	92.878	+0.448%	$42.1M	$43.4M	100x	as long as short
Lighter WTI	0.0000%	1h	92.894	+0.465%	$11.2M	$10.5M	20x	as long as short
dYdX WTI-USD	0.0000%	1h	92.937	+0.511%	$8K	$3K	5x	as long as short
Bybit CLUSDT	0.0000%	8h	92.902	+0.474%	$26.5M	$80.8M	150x	as long as short
Phoenix WTIOIL	0.0000%	1h	92.950	+0.526%	$37K	$42K	20x	as long as short
Bullet WTIOIL-USD	0.0000%	1h	92.890	+0.461%	$18K	$242K	10x	as long as short
gTrade (Gains Network) WTI/USDlong	L 0.0000% / S +0.0036%	1h	92.464	long leg	$5K	—	150x
KuCoin CLUSDTM	+0.0008%	4h	92.937	+0.512%	$7.3M	$2.4M	50x	as long as short
Paradex CL-USD-PERP	+0.0011%	8h	92.886	+0.456%	$16K	$367	5x	as long as short
StandX CL-USD	+0.0040%	1h	92.930	+0.504%	$733K	$2.9M	40x	as long as short
Vest CL-PERP	+0.0046%	1h	92.920	+0.493%	—	$310K	10x	as long as short
Polymarket Perps WTIOIL-USD	+0.0050%	1h	92.901	+0.473%	$1.6M	$1.2M	20x	as long as short
SoDEX CL-USD	+0.0050%	1h	92.885	+0.455%	$2.1M	$60K	20x	as long as short
RISEx CL/USDC	+0.0066%	1h	92.978	+0.556%	$3.1M	$2.9M	20x	as long as short
Pacifica CL	+0.0100%	1h	92.891	+0.462%	$331K	$619K	10x	as long as short
ApeX Omni CLUSDT	+0.0100%	1h	92.960	+0.536%	$56K	$265K	50x	as long as short
Aevo WTIOIL-PERP	+0.0104%	1h	92.863	+0.432%	$4K	—	10x	as long as short
Kraken Futures PF_WTIOILUSD	+0.0105%	1h	92.916	+0.489%	$273K	$872K	25x	as long as short
BloFin CL-USDT	+0.0164%	4h	92.910	+0.482%	$4.0M	$1.1M	50x	as long as short
GMX WTIOIL/USD [ETH-USDC]	L +0.0207% / S −0.0131%	1h	92.885	+0.455%	$78K	—	111x	as long as short
Injective WTI/USDC PERP	+0.0220%	1h	102.10	+10.419%	$19K	$11K	30x	as long as short