CL

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC−0.0170%/8h= −18.6% APRnext payment −$0.21 per $10,000 · paid last 24h −0.027%

Price spread now: SoDEX against Injective−9.085%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 SoDEX

What this pair did over the last

the charts below follow

Funding, last 3 days (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 −$5 a day on $10k at the current rate, and SoDEX is 9.085% cheaper against Injective than usual: you would sell low and buy high (−$908 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	102.15	0.0220	pay 0.0028% / 1h	56m 51s	$19K	$11K	30x
Short	SoDEX CL-USD	92.867	0.0050	get 0.0006% / 1h	56m 51s	$2.1M	$61K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SoDEX 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 SoDEXbpOrdersPrice spread, now −9.085%Rate

Funding earned: −$35.7
Price spread: −9.085% → 0.000%: −$908.49
Slippage, 4 orders: no order book: not counted
Fee Injective: 0.01 bp × 2 orders: −$0.02
Fee SoDEX: 4 bp × 2 orders: −$8
Net: −$952.21
Costs to cover: 0.080%
Break-even: never at this rate

Slippage unknown: Injective: no order-book sample; SoDEX: live order book, 2 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 Injective no order-book sample	—	—	—	—	—
Sell SoDEX live order book, 2 min ago	1.67 bp	19.5 bp −$20	97.6 bp −$976	doesn't fit	doesn't fit

Injective: 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	−0.0504%	1h	92.830	−9.121%	$198K	$366K	15x	as long as short
Aster CLUSD1	−0.0244%	4h	92.888	−9.064%	$24.0M	$71.1M	20x	as long as short
Variational Omni CL	−0.0211%	4h	92.799	−9.152%	$13.5M	$11.1M	—	as long as short
Binance CLUSDT	−0.0210%	4h	92.865	−9.087%	$244.7M	$963.2M	100x	as long as short
GRVT CL_USDT_Perp	−0.0210%	4h	92.938	−9.015%	$61K	$633K	25x	as long as short
Nado WTI-PERP	−0.0095%	1h	92.942	−9.011%	$962K	$670K	10x	as long as short
Gate CL_USDT	−0.0092%	8h	92.820	−9.131%	$20.9M	$52.0M	100x	as long as short
tradeXYZ xyz:CL	−0.0049%	1h	92.878	−9.074%	$184.8M	$219.6M	20x	as long as short
Coinbase International WTIOIL-PERP-INTX	−0.0040%	1h	92.750	−9.199%	$402K	$946K	15x	as long as short
QFEX CL-USD	−0.0032%	1h	92.870	−9.082%	$2.5M	$1.7M	10x	as long as short

Show all 35 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
edgeX CLUSDC	−0.0029%	4h	92.808	−9.143%	$528K	$303K	30x	as long as short
Ondo Perps WTI-USD.P	−0.0022%	1h	92.880	−9.072%	$3.5M	$5.7M	20x	as long as short
Aftermath Perps WTIUSD	−0.0013%	1h	92.896	−9.057%	$2K	$28K	5x	as long as short
OKX CL-USDT-SWAP	−0.0003%	4h	92.870	−9.082%	$42.8M	$102.5M	50x	as long as short
dYdX WTI-USD	0.0000%	1h	92.909	−9.044%	$8K	$3K	5x	as long as short
Bybit CLUSDT	0.0000%	8h	92.890	−9.062%	$26.9M	$81.5M	150x	as long as short
Bitget CLUSDT	0.0000%	4h	92.866	−9.086%	$41.9M	$43.4M	100x	as long as short
Phoenix WTIOIL	0.0000%	1h	92.930	−9.023%	$37K	$42K	20x	as long as short
Bullet WTIOIL-USD	0.0000%	1h	92.879	−9.073%	$18K	$240K	10x	as long as short
gTrade (Gains Network) WTI/USD	L 0.0000% / S +0.0036%	1h	92.425	−9.518%	$5K	—	150x	as long as short
Lighter WTI	+0.0032%	1h	92.868	−9.084%	$11.2M	$10.3M	20x	as long as short
Extended WTI-USD	+0.0032%	1h	92.900	−9.053%	$2.1M	$23.6M	10x	as long as short
Paradex CL-USD-PERP	+0.0035%	8h	92.882	−9.070%	$16K	$367	5x	as long as short
StandX CL-USD	+0.0040%	1h	92.330	−9.611%	$726K	$2.9M	40x	as long as short
Vest CL-PERP	+0.0046%	1h	92.910	−9.043%	—	$310K	10x	as long as short
Polymarket Perps WTIOIL-USD	+0.0050%	1h	92.894	−9.059%	$1.6M	$1.3M	20x	as long as short
SoDEX CL-USDshort	+0.0050%	1h	92.867	−9.085%	$2.1M	$61K	20x
RISEx CL/USDC	+0.0066%	1h	93.007	−8.947%	$3.3M	$2.7M	20x	as long as short
KuCoin CLUSDTM	+0.0084%	4h	92.869	−9.083%	$7.3M	$2.3M	50x	as long as short
Pacifica CL	+0.0100%	1h	92.886	−9.067%	$332K	$618K	10x	as long as short
ApeX Omni CLUSDT	+0.0100%	1h	92.930	−9.023%	$56K	$266K	50x	as long as short
Aevo WTIOIL-PERP	+0.0104%	1h	92.840	−9.111%	$4K	—	10x	as long as short
Kraken Futures PF_WTIOILUSD	+0.0105%	1h	92.889	−9.063%	$273K	$882K	25x	as long as short
GMX WTIOIL/USD [ETH-USDC]	L +0.0207% / S −0.0131%	1h	92.865	−9.087%	$78K	—	111x	as long as short
Injective WTI/USDC PERPlong	+0.0220%	1h	102.15	long leg	$19K	$11K	30x