Funding you earn now, next payment 07:00 UTC−0.0008%/8h= −0.9% APRnext payment −$0.01 per $10,000 · paid last 24h +0.017%
Price spread now: RISEx against Lighter+0.025%84s7-day average +0.146% · 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—prices read too far apart to compare
costs, in and out, $10k−$100.100% of the position
Funding, last 4 days (all we have)−0.972%−$97 on $10k
+Price spread, last 7 days+0.033%+$3 · spread now +0.025%, 7d avg +0.146%
=Together, before fees−0.940%+ Points / potential airdropLighter: Season 3 · farm board−$94 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: RISEx is 0.120% cheaper against Lighter than usual: you would sell low and buy high, −$12 on $10k if it goes back to its 7-day average of +0.146%. The two prices were read 84 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter WTI | 93.454 | 0.0008 | pay 0.0001% / 1h | 12m 02s | $11.3M | $9.7M | 20x |
| Short | RISEx CL/USDC | 93.478 | 0 | get 0.0000% / 1h | 12m 02s | $3.0M | $2.9M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
RISEx against Lighter. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$1.68
- Price spread: +0.025% → +0.146%
- −$12.02
- Slippage, 4 orders
- −$4.01
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee RISEx: 3 bp × 2 orders
- −$6
- Net
- −$23.71
- Costs to cover
- 0.100%
- Break-even
- never at this rate
Slippage from Lighter: live order book, 6 min ago; RISEx: live order book, 2 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 Lighter live order book, 6 min ago | 0.48 bp | 0.5 bp −$1 | 1.1 bp −$11 | 7.5 bp −$747 | 29.7 bp −$14.8K |
| Sell RISEx live order book, 2 min ago | 1.44 bp | 4.4 bp −$4 | 5.2 bp −$52 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit WTIOIL_USDC-PERPETUAL | −0.0606% | 1h | 93.410 | −0.047% | $196K | $386K | 15x | as long as short |
| Aster CLUSD1 | −0.0289% | 4h | 93.490 | +0.039% | $24.5M | $65.7M | 20x | as long as short |
| GRVT CL_USDT_Perp | −0.0282% | 4h | 93.471 | +0.019% | $57K | $618K | 25x | as long as short |
| Binance CLUSDT | −0.0156% | 4h | 93.417 | −0.039% | $247.3M | $919.3M | 100x | as long as short |
| Variational Omni CL | −0.0143% | 4h | 93.519 | +0.069% | $13.3M | $10.7M | — | as long as short |
| Aftermath Perps WTIUSD | −0.0139% | 1h | 93.509 | +0.059% | $2K | $26K | 5x | as long as short |
| Kraken Futures PF_WTIOILUSD | −0.0137% | 1h | 93.453 | −0.001% | $276K | $967K | 25x | as long as short |
| Ondo Perps WTI-USD.P | −0.0136% | 1h | 93.370 | −0.090% | $3.5M | $5.3M | 20x | as long as short |
| Gate CL_USDT | −0.0122% | 8h | 93.400 | −0.058% | $22.6M | $50.3M | 100x | as long as short |
| Bitget CLUSDT | −0.0120% | 4h | 93.434 | −0.021% | $42.3M | $42.2M | 100x | 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 | −0.0082% | 1h | 93.473 | +0.020% | $184.8M | $205.3M | 20x | as long as short |
| Nado WTI-PERP | −0.0060% | 1h | 93.496 | +0.045% | $961K | $635K | 10x | as long as short |
| OKX CL-USDT-SWAP | −0.0045% | 4h | 93.450 | −0.004% | $42.8M | $102.0M | 50x | as long as short |
| QFEX CL-USD | −0.0023% | 1h | 93.420 | −0.036% | $2.3M | $2.4M | 10x | as long as short |
| Coinbase International WTIOIL-PERP-INTX | −0.0008% | 1h | 93.540 | +0.092% | $405K | $917K | 15x | as long as short |
| edgeX CLUSDC | −0.0005% | 4h | 93.520 | +0.070% | $526K | $307K | 30x | as long as short |
| dYdX WTI-USD | 0.0000% | 1h | 93.486 | +0.034% | $8K | $3K | 5x | as long as short |
| Bybit CLUSDT | 0.0000% | 8h | 93.460 | +0.006% | $26.7M | $79.2M | 150x | as long as short |
| RISEx CL/USDCshort | 0.0000% | 1h | 93.478 | +0.025% | $3.0M | $2.9M | 20x | |
| Phoenix WTIOIL | 0.0000% | 1h | 93.450 | −0.004% | $37K | $39K | 20x | as long as short |
| Bullet WTIOIL-USD | 0.0000% | 1h | 93.435 | −0.020% | $19K | $239K | 10x | as long as short |
| gTrade (Gains Network) WTI/USD | L 0.0000% / S +0.0036% | 1h | 92.975 | −0.513% | $5K | — | 150x | as long as short |
| Lighter WTIlong | +0.0008% | 1h | 93.454 | long leg | $11.3M | $9.7M | 20x | |
| Paradex CL-USD-PERP | +0.0012% | 8h | 93.411 | −0.046% | $16K | $367 | 5x | as long as short |
| Extended WTI-USD | +0.0032% | 1h | 93.510 | +0.060% | $2.0M | $15.1M | 10x | as long as short |
| StandX CL-USD | +0.0040% | 1h | 93.480 | +0.028% | $741K | $2.8M | 40x | as long as short |
| Vest CL-PERP | +0.0046% | 1h | 93.460 | +0.006% | — | $313K | 10x | as long as short |
| Polymarket Perps WTIOIL-USD | +0.0050% | 1h | 93.450 | −0.004% | $1.7M | $1.3M | 20x | as long as short |
| SoDEX CL-USD | +0.0050% | 1h | 93.440 | −0.015% | $2.1M | $60K | 20x | as long as short |
| Pacifica CL | +0.0100% | 1h | 93.411 | −0.046% | $332K | $573K | 10x | as long as short |
| KuCoin CLUSDTM | +0.0100% | 4h | 93.475 | +0.022% | $7.1M | $2.4M | 50x | as long as short |
| ApeX Omni CLUSDT | +0.0100% | 1h | 93.480 | +0.028% | $54K | $266K | 50x | as long as short |
| Aevo WTIOIL-PERP | +0.0104% | 1h | 93.418 | −0.039% | $4K | — | 10x | as long as short |
| BloFin CL-USDT | +0.0200% | 4h | 93.490 | +0.039% | $4.1M | $969K | 50x | as long as short |
| Injective WTI/USDC PERP | +0.0220% | 1h | 102.82 | +10.021% | $19K | $11K | 30x | as long as short |
| GMX WTIOIL/USD [ETH-USDC] | L +0.0248% / S −0.0183% | 1h | 93.435 | −0.020% | $84K | — | 111x | as long as short |
Lighter WTI
RISEx CL/USDC
Deribit WTIOIL_USDC-PERPETUAL
Aster CLUSD1
GRVT CL_USDT_Perp
Binance CLUSDT
Variational Omni CL
Aftermath Perps WTIUSD
Kraken Futures PF_WTIOILUSD
Gate CL_USDT
Bitget CLUSDT
tradeXYZ xyz:CL
OKX CL-USDT-SWAP
Coinbase International WTIOIL-PERP-INTX
edgeX CLUSDC
Bybit CLUSDT
Phoenix WTIOIL
Bullet WTIOIL-USD
gTrade (Gains Network) WTI/USD
Paradex CL-USD-PERP
Extended WTI-USD
StandX CL-USD
Polymarket Perps WTIOIL-USD
SoDEX CL-USD
Pacifica CL
KuCoin CLUSDTM
ApeX Omni CLUSDT
BloFin CL-USDT
Injective WTI/USDC PERP
GMX WTIOIL/USD [ETH-USDC]