CL

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC+0.0032%/8h= +3.5% APRnext payment +$0.04 per $10,000 · paid last 24h +0.011%

Price spread now: Extended against gTrade (Gains Network)+0.517%7-day average +0.387% · 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 Extended

What this pair did over the last

the charts below follow

Funding, last 1 day (all we have)+0.011%+$1 on $10k

Price spread, last 3 days (all we have)−0.033%−$3 · spread now +0.517%, 7d avg +0.387%

Together, before fees−0.022%+ Points / potential airdropExtended: Active · farm board−$2 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Extended is 0.130% dearer against gTrade (Gains Network) than usual: you sell high and buy low: +$13 more if the spread goes back to its 7-day average of +0.387%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	gTrade (Gains Network) WTI/USD	91.741	L 0.0000% / S +0.0036%	pay 0.0000% / 1h	54m 36s	$5K	—	150x
Short	Extended WTI-USD	92.215	0.0032	get 0.0004% / 1h	54m 36s	$2.0M	$26.7M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Extended 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 ExtendedbpOrdersPrice spread, now +0.517%Rate

Funding earned: $6.69
Price spread: +0.517% → +0.387%: $13.01
Slippage, 4 orders: no order book: not counted
Fee gTrade (Gains Network): 4 bp × 2 orders: −$8
Fee Extended: 2.5 bp × 2 orders: −$5
Net: $6.69
Costs to cover: 0.130%
Break-even: from the start

Slippage unknown: gTrade (Gains Network): no order-book sample; Extended: live order book, 4 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 Extended live order book, 4 min ago	0.32 bp	3.9 bp −$4	7.2 bp −$72	23.0 bp −$2,298	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
GRVT CL_USDT_Perp	−0.0566%	4h	92.074	+0.363%	$58K	$702K	25x	as long as short
Aster CLUSD1	−0.0309%	4h	92.181	+0.480%	$23.9M	$78.5M	20x	as long as short
Deribit WTIOIL_USDC-PERPETUAL	−0.0292%	1h	92.160	+0.457%	$96K	$189K	15x	as long as short
Binance CLUSDT	−0.0236%	4h	92.158	+0.454%	$244.2M	$1.09B	100x	as long as short
Variational Omni CL	−0.0223%	4h	92.093	+0.383%	$13.2M	$12.7M	—	as long as short
Gate CL_USDT	−0.0194%	8h	92.090	+0.380%	$21.3M	$54.2M	100x	as long as short
Bybit CLUSDT	−0.0158%	8h	92.158	+0.455%	$26.0M	$94.1M	150x	as long as short
Nado WTI-PERP	−0.0135%	1h	92.228	+0.531%	$923K	$732K	10x	as long as short
Kraken Futures PF_WTIOILUSD	−0.0120%	1h	92.190	+0.489%	$273K	$1.2M	25x	as long as short
Ondo Perps WTI-USD.P	−0.0062%	1h	92.100	+0.391%	$3.5M	$6.2M	20x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
tradeXYZ xyz:CL	−0.0048%	1h	92.194	+0.494%	$185.8M	$261.3M	20x	as long as short
Lighter WTI	−0.0040%	1h	92.174	+0.472%	$11.2M	$9.9M	20x	as long as short
Coinbase International WTIOIL-PERP-INTX	−0.0040%	1h	92.030	+0.315%	$399K	$961K	15x	as long as short
QFEX CL-USD	−0.0040%	1h	92.150	+0.446%	$2.4M	$2.3M	10x	as long as short
Paradex CL-USD-PERP	−0.0031%	8h	92.142	+0.437%	$15K	$367	5x	as long as short
dYdX WTI-USD	0.0000%	1h	92.160	+0.456%	$8K	$3K	5x	as long as short
OKX CL-USDT-SWAP	0.0000%	4h	92.140	+0.435%	$42.9M	$111.4M	50x	as long as short
RISEx CL/USDC	0.0000%	1h	92.289	+0.598%	$3.3M	$2.7M	20x	as long as short
Bitget CLUSDT	0.0000%	4h	92.170	+0.468%	$41.9M	$51.4M	100x	as long as short
Phoenix WTIOIL	0.0000%	1h	92.280	+0.588%	$37K	$66K	20x	as long as short
Bullet WTIOIL-USD	0.0000%	1h	92.176	+0.474%	$18K	$241K	10x	as long as short
gTrade (Gains Network) WTI/USDlong	L 0.0000% / S +0.0036%	1h	91.741	long leg	$5K	—	150x
ApeX Omni CLUSDT	+0.0006%	1h	92.130	+0.424%	$56K	$265K	50x	as long as short
Extended WTI-USDshort	+0.0032%	1h	92.215	+0.517%	$2.0M	$26.7M	10x
StandX CL-USD	+0.0040%	1h	92.130	+0.424%	$721K	$3.1M	40x	as long as short
Vest CL-PERP	+0.0046%	1h	92.220	+0.522%	—	$308K	10x	as long as short
Polymarket Perps WTIOIL-USD	+0.0050%	1h	92.193	+0.493%	$1.6M	$1.4M	20x	as long as short
SoDEX CL-USD	+0.0050%	1h	92.153	+0.449%	$2.0M	$39K	20x	as long as short
edgeX CLUSDC	+0.0055%	4h	92.179	+0.477%	$530K	$305K	30x	as long as short
Pacifica CL	+0.0100%	1h	92.178	+0.476%	$353K	$596K	10x	as long as short
KuCoin CLUSDTM	+0.0100%	4h	92.177	+0.475%	$7.3M	$2.2M	50x	as long as short
Aevo WTIOIL-PERP	+0.0104%	1h	92.177	+0.475%	$4K	—	10x	as long as short
GMX WTIOIL/USD [ETH-USDC]	L +0.0206% / S −0.0131%	1h	92.155	+0.451%	$77K	—	111x	as long as short
Injective WTI/USDC PERP	+0.0220%	1h	101.38	+10.509%	$19K	$11K	30x	as long as short
BloFin CL-USDT	+0.0240%	4h	92.170	+0.468%	$4.0M	$1.4M	50x	as long as short
Aftermath Perps WTIUSD	+0.0471%	1h	92.113	+0.406%	$2K	$29K	5x	as long as short