CL

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC+0.0296%/8h= +32.4% APRnext payment +$0.37 per $10,000 · paid last 24h −0.003%

Price spread now: dYdX against Lighter+0.149%7-day average — · you sell dearer than you buy

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

Long on Lighter Short on dYdX

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropLighter: Season 3 · farm boardneeds both histories

Both sides work for this trade now. Funding pays +$9 a day on $10k at the current rate, and dYdX is 0.149% dearer against Lighter than usual: you sell high and buy low: +$15 more if the spread goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Lighter WTI	91.971	−0.0296	get 0.0037% / 1h	15m 08s	$11.1M	$11.4M	20x
Short	dYdX WTI-USD	92.108	0	get 0.0000% / 1h	15m 08s	$8K	$3K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

dYdX against Lighter. 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 LighterbpFee dYdXbpOrdersPrice spread, now +0.149%Rate

Funding earned: $62.16
Price spread: +0.149% → 0.000%: $14.85
Slippage, 4 orders: no order book: not counted
Fee Lighter: 0 bp × 2 orders: $0
Fee dYdX: 5 bp × 2 orders: −$10
Net: $67.01
Costs to cover: 0.100%
Break-even: from the start

Slippage unknown: Lighter: live order book, 8 min ago; dYdX: 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 Lighter live order book, 8 min ago	0.05 bp	0.1 bp $0	0.5 bp −$5	8.2 bp −$821	39.0 bp −$19.5K
Sell dYdX no order-book sample	—	—	—	—	—

dYdX: 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
Lighter WTIlong	−0.0296%	1h	91.971	long leg	$11.1M	$11.4M	20x
Deribit WTIOIL_USDC-PERPETUAL	−0.0293%	1h	92.020	+0.053%	$95K	$208K	15x	as long as short
GRVT CL_USDT_Perp	−0.0182%	4h	91.990	+0.021%	$58K	$715K	25x	as long as short
Nado WTI-PERP	−0.0167%	1h	92.073	+0.111%	$923K	$748K	10x	as long as short
Ondo Perps WTI-USD.P	−0.0166%	1h	91.960	−0.012%	$3.5M	$6.4M	20x	as long as short
Aftermath Perps WTIUSD	−0.0148%	1h	92.036	+0.071%	$2K	$30K	5x	as long as short
tradeXYZ xyz:CL	−0.0143%	1h	92.011	+0.043%	$185.4M	$280.1M	20x	as long as short
Bullet WTIOIL-USD	−0.0120%	1h	92.002	+0.034%	$18K	$240K	10x	as long as short
Aster CLUSD1	−0.0119%	4h	92.020	+0.053%	$23.9M	$78.0M	20x	as long as short
Paradex CL-USD-PERP	−0.0107%	8h	91.982	+0.012%	$15K	$367	5x	as long as short

Show all 35 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance CLUSDT	−0.0024%	4h	91.990	+0.021%	$245.3M	$1.12B	100x	as long as short
Gate CL_USDT	−0.0004%	8h	91.940	−0.034%	$21.2M	$59.4M	100x	as long as short
Polymarket Perps WTIOIL-USD	−0.0003%	1h	91.999	+0.030%	$1.6M	$1.4M	20x	as long as short
dYdX WTI-USDshort	0.0000%	1h	92.108	+0.149%	$8K	$3K	5x
Extended WTI-USD	0.0000%	1h	92.065	+0.102%	$2.0M	$28.8M	10x	as long as short
Bybit CLUSDT	0.0000%	8h	92.012	+0.045%	$25.4M	$97.3M	150x	as long as short
OKX CL-USDT-SWAP	0.0000%	4h	91.980	+0.010%	$43.2M	$113.7M	50x	as long as short
QFEX CL-USD	0.0000%	1h	91.980	+0.010%	$2.4M	$2.6M	10x	as long as short
Bitget CLUSDT	0.0000%	4h	91.983	+0.013%	$42.0M	$52.5M	100x	as long as short
Variational Omni CL	0.0000%	4h	91.974	+0.003%	$13.4M	$13.3M	—	as long as short
Phoenix WTIOIL	+0.0009%	1h	92.070	+0.108%	$37K	$99K	20x	as long as short
StandX CL-USD	+0.0022%	1h	91.980	+0.010%	$723K	$3.0M	40x	as long as short
Vest CL-PERP	+0.0046%	1h	92.100	+0.140%	—	$243K	10x	as long as short
SoDEX CL-USD	+0.0050%	1h	91.995	+0.026%	$2.0M	$39K	20x	as long as short
edgeX CLUSDC	+0.0099%	4h	92.016	+0.048%	$529K	$342K	30x	as long as short
Pacifica CL	+0.0100%	1h	92.007	+0.039%	$332K	$579K	10x	as long as short
KuCoin CLUSDTM	+0.0100%	4h	91.999	+0.030%	$7.2M	$2.1M	50x	as long as short
ApeX Omni CLUSDT	+0.0100%	1h	92.050	+0.086%	$55K	$266K	50x	as long as short
Aevo WTIOIL-PERP	+0.0104%	1h	91.982	+0.012%	$4K	—	10x	as long as short
Coinbase International WTIOIL-PERP-INTX	+0.0112%	1h	92.020	+0.053%	$398K	$1.1M	15x	as long as short
Injective WTI/USDC PERP	+0.0172%	1h	101.16	+9.990%	$19K	$18K	30x	as long as short
GMX WTIOIL/USD [ETH-USDC]	L +0.0203% / S −0.0127%	1h	91.995	+0.026%	$76K	—	111x	as long as short
BloFin CL-USDT	+0.0240%	4h	91.980	+0.010%	$4.0M	$1.4M	50x	as long as short
Kraken Futures PF_WTIOILUSD	+0.0450%	1h	92.018	+0.051%	$275K	$1.2M	25x	as long as short
RISEx CL/USDC	+0.0977%	1h	92.118	+0.159%	$3.2M	$2.7M	20x	as long as short