CL

Leg	Exchange	Price	Fund. /8h	Each payment	Next in	OI	Vol 24h	Lev
LONG	MEXCUSOIL_USDT	103.10	0	0.0000% / 4h	3h 04m	$62.2M	$93.6M	200x	Long MEXC
SHORT	ParadexCL-USD-PERP	102.83	−0.0025	pay 0.0025% / 8h	3h 04m	$293K	$2K	5x	Short Paradex+5% pts

Price gap−0.259%

Funding gap−0.0025% /8h

Both sides work against this direction now: funding costs $1 a day on $10k and the gap is 0.124% under its 7d average. Swap the legs.

If you open now and hold

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

Funding+$25−0.0025% /8h now · paid +0.246% over the last 7D

Price−$12spread −0.259% now, avg −0.135% → −0.124% if it goes back

Costs−$440.440% of $10k · taker + slippage, in and out

Result−$32−0.32%+ Points / potential airdropParadex: points · farm boardWhat the last 7D really paid, hour by hour → backtest

Price and funding

1h · history

Entry / Exit

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−0.259%

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 44 exchanges

lowest funding first

Before you open

2 ok · 4 to watch

OK: Fits both order books8.6 / 14.2 bp
Entry at $10k a leg, taker fee + slippage. Closing costs about the same.
Note: Margin at max leverage$50 + $2,000
MEXC 200x, Paradex 5x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
Watch: Payment intervals differ4h / 8h
Payments land at different times. Close right after the slower leg pays.
Next 24h at the current rates, on $10k a leg: −$0.74Long MEXC: 6 payments, $0.00; short Paradex: 3 payments, −$0.74.
Watch: Gap narrower than usual−0.259% vs −0.135%
Less room for the price leg to pay you. If it goes back to average, the short loses.
Watch: Short leg is thinner$293K vs $62.2M OI
Paradex sets your exit cost. Check its book before closing.
OK: Points on a legParadex points
Volume here counts toward the points program.
Watch: KYCMEXC Yes · Paradex No
KYC before trading since Feb 2026; unverified accounts see market data only.

Profit calculator

both legs, in and out

Position, each leg

Hold for

Orders

Price spread

Funding rate

Funding earned+0.0117%/8h × 21 periods+$24.56

Price spread−0.259% → −0.135% (7d avg)−$12.43

Slippage, 4 orderslive order books−$32.00

Fee MEXC bp × 2 orders−$8.00

Fee Paradex bp × 2 orders−$4.00

Net · 7 days · $10k−$31.87

Costs to cover0.440%Break-even16.1 days

Slippage: MEXC: live order book, 3 min ago; Paradex: live order book, 14 min ago

Cost to enter

taker + slippage from mid, one side

BUY · LONGMEXC2.428.6 bp−$913.0 bp−$13039.2 bp−$3,917157.0 bp−$78.5K

SELL · SHORTParadex12.1614.2 bp−$14doesn’t fitdoesn’t fitdoesn’t fit

Closing costs about the same again.

CL news

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

10-27 13:21	Ondo Perps	Other	Eligible perps markets for the Liquidity Pool: ▸ Stocks: NVDA, TSLA, META, AMD, INTC, MU, SNDK, COIN, MSTR, CRCL, SPCX ▸ Indices: US 500, US 100 ▸ ETFs: DRAM, SOXL ▸ Commodities: Gold, Silver, WTI ▸ Crypto: BTC, ETH Rewards are paid in USDC directly to your trading account within 48 hours of each week’s close. Trade Now → @OndoPerps on X ↗
10-23 19:28	Markets by Kinetiq	Other	WTI Crude Oil is back above $100, up 6% this week. Houthi strikes on Saudi Arabia are escalating, ship attacks near Hormuz just hit a record month, and US crude stocks have fallen three weeks straight. @Markets_xyz on X ↗
10-23 10:17	SoDEX	Other	🛢️ $CL: Will Oil Keep Rising? 🔥 Middle East tensions are heating up! Where will oil prices head next? 👀 ✅ Vote below ✅ Share your $CL position ✅ Comment your prediction! 📊 POLL: Where will $CL be by Dec 31, 2026? @sodex_official on X ↗
10-22 15:08	BingX	Other	When commodities make headlines, depth matters 📊 Trade GOLD, WTI, BRENT, and SILVER perpetuals with deeper order books on #BingXTradFi. Up to 5.1x the depth vs No.2 (GOLD-USDT, 100 bps). See the breakdown 👇 @BingXOfficial on X ↗
10-20 08:13	ApeX Omni	Other	Oil cracked. WTI -4.7% is the biggest move on the tape. bitcoin:native $81,703 -1.3%, ethereum:native $2,395 -1.5%, while $NDAQ added 1.1%. $527M went into spot bitcoin ETFs, the best day since September, with IBIT alone taking $665M. Fear and greed 55. @OfficialApeXdex on X ↗
10-19 19:35	BingX	Other	Brent topped $110, WTI broke $100, and diesel hit records as Hormuz attacks escalate. Energy rallied while the Nasdaq fell 4.5%. Oil is back driving inflation and rate fears 🛢️ @BingXOfficial on X ↗

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