CL

Leg	Exchange	Price	Fund. /8h	Each payment	Next in	OI	Vol 24h	Lev
LONG	GRVTCL_USDT_Perp	91.015	0	0.0000% / 4h	2h 28m	$43K	$345K	25x	Long GRVT
SHORT	PopdexCLUSDT	91.025	+0.0048	get 0.0006% / 1h	28m 26s	$539K	$771K	20x	Short Popdex

Price gap+0.011%60s

Funding gap+0.0048% /8h

Funding trade: +$1 a day on $10k at the current rate, before costs. The price gap is at its 7d average.

The two prices were read 60 s apart: part of this gap may be the market moving.

If you open now and hold

on $10k a leg · figures of the last 7D, not a forecast

Funding+$27+0.0048% /8h now · paid +0.267% over the last 7D

Price—spread +0.011%60s now · prices read too far apart to compare

Costs−$220.218% of $10k · taker + slippage, in and out

Result—+ Points / potential airdropGRVT: points · farm boardneeds both prices read together

Price and funding

1h · loading 5m…

Entry / ExitGRVT: thin, under $1M open interest · Popdex: thin, under $1M open interest

Price spread

Prices

Fundingper 8h

ENTRY / EXIT · 7D

Entry now—

Entry average—

Best entry—

Exit now—

Exit average—

Best exit—

Exit free—

PRICE SPREAD · 7D

Now+0.011%

Average—

Range—

Wider than now—

FUNDING SPREAD · 7D

Average /8h—

Highest—

Lowest—

Paid you—

Where the spread has been, last 7D

share of time at each level

Funding on every exchange

/8h

CL on 38 exchanges

lowest funding first

Before you open

2 ok · 4 to watch

Watch: Large against open interest5.8 / 4.5 bp
$10k is over 10% of GRVT’s open interest.
Note: Margin at max leverage$400 + $500
GRVT 25x, Popdex 20x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
Watch: Payment intervals differ4h / 1h
Payments land at different times. Close right after the slower leg pays.
Next 24h at the current rates, on $10k a leg: +$1.44Long GRVT: 6 payments, $0.00; short Popdex: 24 payments, +$1.44.
Watch: Prices read 60 s apart+0.011% vs +0.019%
Part of this gap may be the market moving.
Watch: Long leg is thinner$43K vs $539K OI
GRVT sets your exit cost. Check its book before closing.
OK: Points on a legGRVT points
Volume here counts toward the points program.
OK: No KYC on either legGRVT No · Popdex No
Both exchanges let you trade without ID.

Profit calculator

both legs, in and out

Position, each leg

Hold for

Orders

Price spread

Funding rate

Funding earned+0.0140%/8h × 21 periods+$29.44

Price spreadprices read too far apart to compare—

Slippage, 4 orderslive order books−$6.37

Fee GRVT bp × 2 orders−$9.00

Fee Popdex bp × 2 orders−$6.40

Net · 7 days · $10k+$7.67

price spread not counted: prices read too far apart

Costs to cover0.218%Break-even5.2 days

Slippage: GRVT: live order book, 4 min ago; Popdex: live order book, 5 min ago

Cost to enter

taker + slippage from mid, one side

BUY · LONGGRVT0.555.8 bp−$67.4 bp−$74doesn’t fitdoesn’t fit

SELL · SHORTPopdex1.264.5 bp−$44.6 bp−$4610.2 bp−$1,024doesn’t fit

Closing costs about the same again.

CL news

posts that mention CL or Crude oil (WTI), from every exchangeSearch all news →

09-25 16:46	Kalshi	Other	BREAKING: WTI oil down nearly 3% in the last 1 hour as Al Jazeera reports US-Iran talks have entered "technical stage" @Kalshi on X ↗
09-25 13:31	Vest Markets	Other	At the open, $CL is down around 2%, with Iran proposing on Thursday to reopen the Strait of Hormuz within seven days. Negotiators are exploring a phased arrangement in which Tehran reopens the strait and Washington lifts its economic blockade of Iran, per Reuters. Trade $CL volatility with a Vest Capital funded account and access up to $25k in trading capital. @VestExchange on X ↗

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