CL

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC−0.0256%/8h= −28.0% APRnext payment −$0.32 per $10,000 · paid last 24h −0.052%

Price spread now: gTrade (Gains Network) against Injective−9.469%7-day average — · you buy dearer than you sell

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

Long on Injective Short on gTrade (Gains Network)

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

Both sides work against this trade now: funding costs −$8 a day on $10k at the current rate, and gTrade (Gains Network) is 9.469% cheaper against Injective than usual: you would sell low and buy high (−$947 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	Injective WTI/USDC PERP	102.04	0.0220	pay 0.0028% / 1h	1m 09s	$19K	$11K	30x
Short	gTrade (Gains Network) WTI/USD	92.374	L 0.0000% / S +0.0036%	pay 0.0004% / 1h	1m 09s	$5K	—	150x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

gTrade (Gains Network) against Injective. 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 InjectivebpFee gTrade (Gains Network)bpOrdersPrice spread, now −9.469%Rate

Funding earned: −$53.7
Price spread: −9.469% → 0.000%: −$946.92
Slippage, 4 orders: no order book: not counted
Fee Injective: 0.01 bp × 2 orders: −$0.02
Fee gTrade (Gains Network): 4 bp × 2 orders: −$8
Net: −$1,008.64
Costs to cover: 0.080%
Break-even: never at this rate

Slippage unknown: Injective: no order-book sample; gTrade (Gains Network): 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 Injective no order-book sample	—	—	—	—	—
Sell gTrade (Gains Network) no order-book sample	—	—	—	—	—

Injective and 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 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
Deribit WTIOIL_USDC-PERPETUAL	−0.0612%	1h	92.770	−9.081%	$198K	$365K	15x	as long as short
Aster CLUSD1	−0.0252%	4h	92.890	−8.964%	$24.0M	$71.2M	20x	as long as short
GRVT CL_USDT_Perp	−0.0220%	4h	92.836	−9.017%	$53K	$623K	25x	as long as short
Binance CLUSDT	−0.0218%	4h	92.880	−8.973%	$244.5M	$963.9M	100x	as long as short
Variational Omni CL	−0.0211%	4h	92.799	−9.053%	$13.5M	$11.1M	—	as long as short
Gate CL_USDT	−0.0098%	8h	92.750	−9.101%	$20.9M	$54.2M	100x	as long as short
edgeX CLUSDC	−0.0090%	4h	92.841	−9.011%	$529K	$303K	30x	as long as short
Nado WTI-PERP	−0.0076%	1h	92.856	−8.997%	$962K	$669K	10x	as long as short
Coinbase International WTIOIL-PERP-INTX	−0.0048%	1h	92.750	−9.101%	$402K	$946K	15x	as long as short
tradeXYZ xyz:CL	−0.0044%	1h	92.853	−9.000%	$184.5M	$219.3M	20x	as long as short

Show all 35 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Kraken Futures PF_WTIOILUSD	−0.0038%	1h	92.844	−9.008%	$273K	$883K	25x	as long as short
QFEX CL-USD	−0.0033%	1h	92.800	−9.052%	$2.5M	$1.7M	10x	as long as short
Ondo Perps WTI-USD.P	−0.0018%	1h	92.740	−9.111%	$3.5M	$5.7M	20x	as long as short
Aftermath Perps WTIUSD	−0.0008%	1h	92.842	−9.010%	$2K	$28K	5x	as long as short
OKX CL-USDT-SWAP	−0.0005%	4h	92.880	−8.973%	$42.8M	$102.7M	50x	as long as short
dYdX WTI-USD	0.0000%	1h	92.829	−9.023%	$8K	$3K	5x	as long as short
Bybit CLUSDT	0.0000%	8h	92.910	−8.944%	$26.9M	$81.5M	150x	as long as short
Bitget CLUSDT	0.0000%	4h	92.839	−9.013%	$41.9M	$43.6M	100x	as long as short
Phoenix WTIOIL	0.0000%	1h	92.860	−8.993%	$37K	$51K	20x	as long as short
Bullet WTIOIL-USD	0.0000%	1h	92.825	−9.027%	$18K	$240K	10x	as long as short
gTrade (Gains Network) WTI/USDshort	L 0.0000% / S +0.0036%	1h	92.374	−9.469%	$5K	—	150x
Lighter WTI	+0.0032%	1h	92.804	−9.048%	$11.2M	$10.5M	20x	as long as short
Extended WTI-USD	+0.0032%	1h	92.850	−9.003%	$2.1M	$23.7M	10x	as long as short
Paradex CL-USD-PERP	+0.0034%	8h	92.792	−9.059%	$16K	$367	5x	as long as short
RISEx CL/USDC	+0.0037%	1h	92.936	−8.918%	$3.3M	$2.7M	20x	as long as short
StandX CL-USD	+0.0040%	1h	92.360	−9.483%	$726K	$2.9M	40x	as long as short
Vest CL-PERP	+0.0046%	1h	92.840	−9.013%	—	$310K	10x	as long as short
Polymarket Perps WTIOIL-USD	+0.0050%	1h	92.828	−9.024%	$1.6M	$1.3M	20x	as long as short
SoDEX CL-USD	+0.0050%	1h	92.813	−9.039%	$2.1M	$61K	20x	as long as short
KuCoin CLUSDTM	+0.0082%	4h	92.842	−9.011%	$7.2M	$2.3M	50x	as long as short
Pacifica CL	+0.0100%	1h	92.813	−9.039%	$331K	$618K	10x	as long as short
ApeX Omni CLUSDT	+0.0100%	1h	92.880	−8.973%	$56K	$266K	50x	as long as short
Aevo WTIOIL-PERP	+0.0104%	1h	92.779	−9.072%	$4K	—	10x	as long as short
GMX WTIOIL/USD [ETH-USDC]	L +0.0207% / S −0.0131%	1h	92.815	−9.037%	$78K	—	111x	as long as short
Injective WTI/USDC PERPlong	+0.0220%	1h	102.04	long leg	$19K	$11K	30x