CL

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC+0.0170%/8h= +18.6% APRnext payment +$0.21 per $10,000 · paid last 24h +0.037%

Price spread now: SoDEX against Kraken Futures−0.020%7-day average −0.020% · you buy dearer than you sell

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

Net, price: spread back to 7d avg − costs−$58as in the Price arb table

costs, in and out, $10k−$580.583% of the position

Long on Kraken Futures Short on SoDEX

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.020%+$2 on $10k

Price spread, last 3 days (all we have)−0.020%−$2 · spread now −0.020%, 7d avg −0.020%

Together, before fees−0.001%$0 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.020%, so right now this pair is about funding alone: +$5 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Kraken Futures PF_WTIOILUSD	92.195	−0.0120	get 0.0015% / 1h	52m 30s	$273K	$1.2M	25x
Short	SoDEX CL-USD	92.176	0.0050	get 0.0006% / 1h	52m 30s	$2.0M	$39K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SoDEX 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 SoDEXbpOrdersPrice spread, now −0.020%Rate

Funding earned: $35.74
Price spread: −0.020% → −0.020%: −$0.04
Slippage, 4 orders: −$40.28
Fee Kraken Futures: 5 bp × 2 orders: −$10
Fee SoDEX: 4 bp × 2 orders: −$8
Net: −$22.59
Costs to cover: 0.583%
Break-even: 11.4 days

Slippage from Kraken Futures: live order book, 1 min ago; SoDEX: live order book, 1 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, 1 min ago	2.71 bp	11.5 bp −$12	20.2 bp −$202	doesn't fit	doesn't fit
Sell SoDEX live order book, 1 min ago	0.54 bp	18.8 bp −$19	85.0 bp −$850	doesn't fit	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	−0.0566%	4h	92.074	−0.131%	$58K	$702K	25x	as long as short
Aster CLUSD1	−0.0315%	4h	92.200	+0.006%	$23.9M	$78.9M	20x	as long as short
Binance CLUSDT	−0.0242%	4h	92.181	−0.015%	$245.1M	$1.08B	100x	as long as short
Gate CL_USDT	−0.0239%	8h	92.100	−0.103%	$21.3M	$54.3M	100x	as long as short
Variational Omni CL	−0.0223%	4h	92.093	−0.111%	$13.2M	$12.7M	—	as long as short
Deribit WTIOIL_USDC-PERPETUAL	−0.0184%	1h	92.190	−0.005%	$96K	$189K	15x	as long as short
Bybit CLUSDT	−0.0152%	8h	92.200	+0.006%	$26.0M	$93.8M	150x	as long as short
Nado WTI-PERP	−0.0130%	1h	92.235	+0.044%	$923K	$732K	10x	as long as short
Kraken Futures PF_WTIOILUSDlong	−0.0120%	1h	92.195	long leg	$273K	$1.2M	25x
Ondo Perps WTI-USD.P	−0.0074%	1h	92.110	−0.092%	$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	−0.0061%	1h	92.214	+0.021%	$185.8M	$261.4M	20x	as long as short
Lighter WTI	−0.0040%	1h	92.163	−0.034%	$11.2M	$9.9M	20x	as long as short
Coinbase International WTIOIL-PERP-INTX	−0.0040%	1h	92.030	−0.179%	$399K	$961K	15x	as long as short
QFEX CL-USD	−0.0040%	1h	92.180	−0.016%	$2.4M	$2.2M	10x	as long as short
Paradex CL-USD-PERP	−0.0033%	8h	92.137	−0.063%	$15K	$367	5x	as long as short
dYdX WTI-USD	0.0000%	1h	92.160	−0.038%	$8K	$3K	5x	as long as short
OKX CL-USDT-SWAP	0.0000%	4h	92.180	−0.016%	$42.9M	$111.4M	50x	as long as short
RISEx CL/USDC	0.0000%	1h	92.294	+0.108%	$3.3M	$2.7M	20x	as long as short
Bitget CLUSDT	0.0000%	4h	92.197	+0.003%	$41.9M	$51.4M	100x	as long as short
Phoenix WTIOIL	0.0000%	1h	92.280	+0.093%	$37K	$66K	20x	as long as short
Bullet WTIOIL-USD	0.0000%	1h	92.194	−0.001%	$18K	$241K	10x	as long as short
gTrade (Gains Network) WTI/USD	L 0.0000% / S +0.0036%	1h	91.784	−0.445%	$5K	—	150x	as long as short
ApeX Omni CLUSDT	+0.0006%	1h	92.130	−0.070%	$56K	$265K	50x	as long as short
Extended WTI-USD	+0.0032%	1h	92.220	+0.028%	$2.0M	$26.7M	10x	as long as short
StandX CL-USD	+0.0040%	1h	92.160	−0.038%	$721K	$3.1M	40x	as long as short
Vest CL-PERP	+0.0046%	1h	92.240	+0.049%	—	$308K	10x	as long as short
Polymarket Perps WTIOIL-USD	+0.0050%	1h	92.203	+0.009%	$1.6M	$1.4M	20x	as long as short
SoDEX CL-USDshort	+0.0050%	1h	92.176	−0.020%	$2.0M	$39K	20x
edgeX CLUSDC	+0.0055%	4h	92.179	−0.017%	$530K	$305K	30x	as long as short
Pacifica CL	+0.0100%	1h	92.147	−0.052%	$353K	$596K	10x	as long as short
KuCoin CLUSDTM	+0.0100%	4h	92.197	+0.003%	$7.1M	$2.3M	50x	as long as short
Aevo WTIOIL-PERP	+0.0104%	1h	92.189	−0.006%	$4K	—	10x	as long as short
GMX WTIOIL/USD [ETH-USDC]	L +0.0205% / S −0.0131%	1h	92.175	−0.021%	$77K	—	111x	as long as short
Injective WTI/USDC PERP	+0.0220%	1h	101.38	+9.965%	$19K	$11K	30x	as long as short
BloFin CL-USDT	+0.0240%	4h	92.120	−0.081%	$4.0M	$1.4M	50x	as long as short
Aftermath Perps WTIUSD	+0.0446%	1h	92.161	−0.036%	$2K	$29K	5x	as long as short