CL

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC+0.0069%/8h= +7.6% APRnext payment +$0.09 per $10,000 · paid last 24h +0.003%

Price spread now: Nado against Kraken Futures+0.030%7-day average +0.022% · you sell dearer than you buy

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$28as in the Price arb table

costs, in and out, $10k−$290.285% of the position

Long on Kraken Futures Short on Nado

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.093%−$9 on $10k

Price spread, last 3 days (all we have)+0.057%+$6 · spread now +0.030%, 7d avg +0.022%

Together, before fees−0.036%+ Points / potential airdropNado: Active · farm board−$4 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.022%, so right now this pair is about funding alone: +$2 a day on $10k at the current rate. Mind the row above: over the last 3 days funding on this pair cost −0.093%, so the current rate has only just turned in your favour.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Kraken Futures PF_WTIOILUSD	92.715	−0.0120	get 0.0015% / 1h	3m 16s	$275K	$912K	25x
Short	Nado WTI-PERP	92.743	−0.0050	pay 0.0006% / 1h	3m 16s	$935K	$701K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Nado against Kraken Futures. 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 Kraken FuturesbpFee NadobpOrdersPrice spread, now +0.030%Rate

Funding earned: $14.53
Price spread: +0.030% → +0.022%: $0.78
Slippage, 4 orders: −$11.53
Fee Kraken Futures: 5 bp × 2 orders: −$10
Fee Nado: 3.5 bp × 2 orders: −$7
Net: −$13.22
Costs to cover: 0.285%
Break-even: 13.4 days

Slippage from Kraken Futures: live order book, 10 min ago; Nado: live order book, 5 min ago.

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 Kraken Futures live order book, 10 min ago	2.86 bp	10.2 bp −$10	25.0 bp −$250	doesn't fit	doesn't fit
Sell Nado live order book, 5 min ago	0.05 bp	4.7 bp −$5	9.2 bp −$92	29.7 bp −$2,974	doesn't fit

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	−0.0346%	4h	92.649	−0.071%	$58K	$630K	25x	as long as short
Aster CLUSD1	−0.0337%	4h	92.710	−0.006%	$23.9M	$75.1M	20x	as long as short
Deribit WTIOIL_USDC-PERPETUAL	−0.0289%	1h	92.690	−0.027%	$123K	$274K	15x	as long as short
Binance CLUSDT	−0.0284%	4h	92.720	+0.005%	$244.7M	$1.02B	100x	as long as short
Variational Omni CL	−0.0273%	4h	92.658	−0.062%	$13.3M	$11.5M	—	as long as short
Gate CL_USDT	−0.0187%	8h	92.630	−0.092%	$21.3M	$55.6M	100x	as long as short
Kraken Futures PF_WTIOILUSDlong	−0.0120%	1h	92.715	long leg	$275K	$912K	25x
Ondo Perps WTI-USD.P	−0.0054%	1h	92.640	−0.081%	$3.5M	$5.9M	20x	as long as short
Nado WTI-PERPshort	−0.0050%	1h	92.743	+0.030%	$935K	$701K	10x
Coinbase International WTIOIL-PERP-INTX	−0.0040%	1h	92.030	−0.739%	$399K	$956K	15x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
QFEX CL-USD	−0.0040%	1h	92.670	−0.049%	$2.4M	$1.7M	10x	as long as short
tradeXYZ xyz:CL	−0.0032%	1h	92.706	−0.010%	$186.0M	$233.5M	20x	as long as short
OKX CL-USDT-SWAP	−0.0001%	4h	92.700	−0.016%	$42.9M	$108.5M	50x	as long as short
dYdX WTI-USD	0.0000%	1h	92.742	+0.029%	$8K	$3K	5x	as long as short
Bybit CLUSDT	0.0000%	8h	92.714	−0.001%	$26.5M	$87.9M	150x	as long as short
RISEx CL/USDC	0.0000%	1h	92.819	+0.112%	$3.3M	$2.7M	20x	as long as short
Bitget CLUSDT	0.0000%	4h	92.709	−0.007%	$42.2M	$47.9M	100x	as long as short
Phoenix WTIOIL	0.0000%	1h	92.680	−0.038%	$37K	$66K	20x	as long as short
Bullet WTIOIL-USD	0.0000%	1h	92.709	−0.007%	$18K	$239K	10x	as long as short
gTrade (Gains Network) WTI/USD	L 0.0000% / S +0.0036%	1h	92.256	−0.495%	$5K	—	150x	as long as short
Extended WTI-USD	+0.0008%	1h	92.730	+0.016%	$2.3M	$25.6M	10x	as long as short
Paradex CL-USD-PERP	+0.0010%	8h	92.674	−0.045%	$15K	$367	5x	as long as short
Lighter WTI	+0.0024%	1h	92.711	−0.004%	$11.2M	$10.3M	20x	as long as short
StandX CL-USD	+0.0040%	1h	92.350	−0.394%	$722K	$3.1M	40x	as long as short
Vest CL-PERP	+0.0046%	1h	92.730	+0.016%	—	$310K	10x	as long as short
Polymarket Perps WTIOIL-USD	+0.0050%	1h	92.710	−0.006%	$1.6M	$1.4M	20x	as long as short
SoDEX CL-USD	+0.0050%	1h	92.695	−0.022%	$2.1M	$59K	20x	as long as short
edgeX CLUSDC	+0.0067%	4h	92.621	−0.101%	$533K	$299K	30x	as long as short
KuCoin CLUSDTM	+0.0078%	4h	92.717	+0.002%	$7.2M	$2.3M	50x	as long as short
Pacifica CL	+0.0100%	1h	92.690	−0.027%	$354K	$605K	10x	as long as short
ApeX Omni CLUSDT	+0.0100%	1h	92.740	+0.027%	$56K	$265K	50x	as long as short
Aevo WTIOIL-PERP	+0.0104%	1h	92.652	−0.068%	$4K	—	10x	as long as short
Aftermath Perps WTIUSD	+0.0125%	1h	92.692	−0.025%	$2K	$28K	5x	as long as short
GMX WTIOIL/USD [ETH-USDC]	L +0.0206% / S −0.0131%	1h	92.705	−0.011%	$78K	—	111x	as long as short
Injective WTI/USDC PERP	+0.0220%	1h	101.69	+9.680%	$19K	$11K	30x	as long as short
BloFin CL-USDT	+0.0240%	4h	92.640	−0.081%	$4.0M	$1.2M	50x	as long as short