CL

Leg	Exchange	Price	Fund. /8h	Each payment	Next in	OI	Vol 24h	Lev
LONG	LighterWTI	90.935	−0.0088	get 0.0011% / 1h	27m 53s	$6.6M	$13.5M	20x	Long Lighter7d free
SHORT	PopdexCLUSDT	91.025	+0.0048	get 0.0006% / 1h	27m 53s	$539K	$771K	20x	Short Popdex

Price gap+0.099%

Funding gap+0.0136% /8h

Both sides work: funding pays +$4 a day on $10k, and the gap is 0.070% above its 7d average: +$7 more if it goes back.

If you open now and hold

on $10k a leg · figures of the last 7D, not a forecast

Funding+$11+0.0136% /8h now · paid +0.114% over the last 7D

Price+$7spread +0.099% now, avg +0.029% → +0.070% if it goes back

Costs−$100.098% of $10k · taker + slippage, in and out

Result+$8+0.08%+ Points / potential airdropLighter: Season 3 · farm boardWhat the last 7D really paid, hour by hour → backtest

Price and funding

1h · loading 5m…

Entry / ExitPopdex: thin, under $1M open interest

Price spread

Prices

Fundingper 8h

ENTRY / EXIT · 7D

Entry now—

Entry average—

Best entry—

Exit now—

Exit average—

Best exit—

Exit free—

PRICE SPREAD · 7D

Now+0.099%

Average—

Range—

Wider than now—

FUNDING SPREAD · 7D

Average /8h—

Highest—

Lowest—

Paid you—

Where the spread has been, last 7D

share of time at each level

Funding on every exchange

/8h

CL on 38 exchanges

lowest funding first

Before you open

5 ok · 1 to watch

OK: Fits both order books0.6 / 4.5 bp
Entry at $10k a leg, taker fee + slippage. Closing costs about the same.
Note: Margin at max leverage$500 + $500
Lighter 20x, Popdex 20x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
OK: Same payment interval1h / 1h
Both legs pay at the same time.
Next 24h at the current rates, on $10k a leg: +$4.08Long Lighter: 24 payments, +$2.64; short Popdex: 24 payments, +$1.44.
OK: Entry gap works for you+0.099% vs +0.029%
You short the dearer leg. If the gap goes back to average, the short gains.
Watch: Short leg is thinner$539K vs $6.6M OI
Popdex sets your exit cost. Check its book before closing.
OK: Points on a legLighter Season 3
Volume here counts toward the points program.
OK: No KYC on either legLighter No · Popdex No
Both exchanges let you trade without ID.

Profit calculator

both legs, in and out

Position, each leg

Hold for

Orders

Price spread

Funding rate

Funding earned+0.0060%/8h × 21 periods+$12.53

Price spread+0.099% → +0.029% (7d avg)+$6.95

Slippage, 4 orderslive order books−$3.45

Fee Lighter bp × 2 orders$0.00

Fee Popdex bp × 2 orders−$6.40

Net · 7 days · $10k+$9.64

Costs to cover0.098%Break-even1.6 days

Slippage: Lighter: live order book, 5 min ago; Popdex: live order book, 6 min ago

Cost to enter

taker + slippage from mid, one side

BUY · LONGLighter0.330.6 bp−$10.7 bp−$712.2 bp−$1,21960.0 bp−$30.0K

SELL · SHORTPopdex1.264.5 bp−$44.6 bp−$4610.2 bp−$1,024doesn’t fit

Closing costs about the same again.

CL news

posts that mention CL or Crude oil (WTI), from every exchangeSearch all news →

09-25 16:46	Kalshi	Other	BREAKING: WTI oil down nearly 3% in the last 1 hour as Al Jazeera reports US-Iran talks have entered "technical stage" @Kalshi on X ↗
09-25 13:31	Vest Markets	Other	At the open, $CL is down around 2%, with Iran proposing on Thursday to reopen the Strait of Hormuz within seven days. Negotiators are exploring a phased arrangement in which Tehran reopens the strait and Washington lifts its economic blockade of Iran, per Reuters. Trade $CL volatility with a Vest Capital funded account and access up to $25k in trading capital. @VestExchange on X ↗

CL