CL

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC+0.0027%/8h= +2.9% APRnext payment +$0.03 per $10,000 · paid last 24h +0.019%

Price spread now: Coinbase International against Nado−0.155%45s7-day average −0.136% · 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—prices read too far apart to compare

costs, in and out, $10k−$250.249% of the position

Long on Nado Short on Coinbase International

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.072%−$7 on $10k

Price spread, last 3 days (all we have)+0.056%+$6 · spread now −0.155%, 7d avg −0.136%

Together, before fees−0.015%+ Points / potential airdropNado: Active · farm board−$2 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.136%, so right now this pair is about funding alone: +$1 a day on $10k at the current rate. Mind the row above: over the last 3 days funding on this pair cost −0.072%, so the current rate has only just turned in your favour. The two prices were read 45 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	Nado WTI-PERP	92.894	−0.0075	get 0.0009% / 1h	3m 20s	$963K	$669K	10x
Short	Coinbase International WTIOIL-PERP-INTX	92.750	−0.0048	pay 0.0006% / 1h	3m 20s	$402K	$946K	15x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Coinbase International against Nado. 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 NadobpFee Coinbase InternationalbpOrdersPrice spread, now −0.155%Rate

Funding earned: $5.65
Price spread: −0.155% → −0.136%: −$1.87
Slippage, 4 orders: −$7.91
Fee Nado: 3.5 bp × 2 orders: −$7
Fee Coinbase International: 5 bp × 2 orders: −$10
Net: −$21.13
Costs to cover: 0.249%
Break-even: 33.2 days

Slippage from Nado: live order book, 65 min ago; Coinbase International: live order book, 40 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 Nado live order book, 65 min ago	0.05 bp	4.1 bp −$4	6.8 bp −$68	27.2 bp −$2,717	doesn't fit
Sell Coinbase International live order book, 40 min ago	2.16 bp	8.7 bp −$9	10.0 bp −$100	doesn't fit	doesn't fit

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
Deribit WTIOIL_USDC-PERPETUAL	−0.0504%	1h	92.800	−0.101%	$198K	$365K	15x	as long as short
Aster CLUSD1	−0.0256%	4h	92.860	−0.036%	$24.0M	$71.3M	20x	as long as short
GRVT CL_USDT_Perp	−0.0222%	4h	92.836	−0.062%	$53K	$623K	25x	as long as short
Binance CLUSDT	−0.0222%	4h	92.837	−0.061%	$244.4M	$964.8M	100x	as long as short
Variational Omni CL	−0.0219%	4h	92.809	−0.092%	$13.4M	$11.1M	—	as long as short
Gate CL_USDT	−0.0098%	8h	92.780	−0.123%	$20.9M	$54.2M	100x	as long as short
Nado WTI-PERPlong	−0.0075%	1h	92.894	long leg	$963K	$669K	10x
Coinbase International WTIOIL-PERP-INTXshort	−0.0048%	1h	92.750	−0.155%	$402K	$946K	15x
tradeXYZ xyz:CL	−0.0043%	1h	92.832	−0.067%	$184.5M	$219.3M	20x	as long as short
Kraken Futures PF_WTIOILUSD	−0.0038%	1h	92.866	−0.030%	$273K	$883K	25x	as long as short

Show all 35 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
QFEX CL-USD	−0.0033%	1h	92.840	−0.058%	$2.5M	$1.7M	10x	as long as short
Ondo Perps WTI-USD.P	−0.0018%	1h	92.820	−0.079%	$3.5M	$5.6M	20x	as long as short
OKX CL-USDT-SWAP	−0.0006%	4h	92.830	−0.069%	$42.9M	$102.7M	50x	as long as short
Aftermath Perps WTIUSD	−0.0004%	1h	92.847	−0.050%	$2K	$28K	5x	as long as short
edgeX CLUSDC	−0.0002%	4h	92.863	−0.034%	$529K	$302K	30x	as long as short
dYdX WTI-USD	0.0000%	1h	92.829	−0.070%	$8K	$3K	5x	as long as short
Bybit CLUSDT	0.0000%	8h	92.845	−0.053%	$26.9M	$81.6M	150x	as long as short
Bitget CLUSDT	0.0000%	4h	92.828	−0.071%	$41.9M	$43.6M	100x	as long as short
Phoenix WTIOIL	0.0000%	1h	92.870	−0.026%	$37K	$51K	20x	as long as short
Bullet WTIOIL-USD	0.0000%	1h	92.833	−0.065%	$18K	$240K	10x	as long as short
gTrade (Gains Network) WTI/USD	L 0.0000% / S +0.0036%	1h	92.384	−0.549%	$5K	—	150x	as long as short
Lighter WTI	+0.0032%	1h	92.844	−0.054%	$11.2M	$10.5M	20x	as long as short
Extended WTI-USD	+0.0032%	1h	92.880	−0.015%	$2.1M	$23.8M	10x	as long as short
Paradex CL-USD-PERP	+0.0034%	8h	92.832	−0.066%	$16K	$367	5x	as long as short
RISEx CL/USDC	+0.0037%	1h	92.967	+0.079%	$3.3M	$2.7M	20x	as long as short
StandX CL-USD	+0.0040%	1h	92.370	−0.564%	$726K	$2.9M	40x	as long as short
Vest CL-PERP	+0.0046%	1h	92.860	−0.036%	—	$310K	10x	as long as short
Polymarket Perps WTIOIL-USD	+0.0050%	1h	92.852	−0.045%	$1.6M	$1.3M	20x	as long as short
SoDEX CL-USD	+0.0050%	1h	92.833	−0.065%	$2.1M	$61K	20x	as long as short
KuCoin CLUSDTM	+0.0086%	4h	92.849	−0.048%	$7.2M	$2.3M	50x	as long as short
Pacifica CL	+0.0100%	1h	92.844	−0.053%	$331K	$618K	10x	as long as short
ApeX Omni CLUSDT	+0.0100%	1h	92.810	−0.090%	$56K	$265K	50x	as long as short
Aevo WTIOIL-PERP	+0.0104%	1h	92.799	−0.102%	$4K	—	10x	as long as short
GMX WTIOIL/USD [ETH-USDC]	L +0.0207% / S −0.0131%	1h	92.825	−0.074%	$78K	—	111x	as long as short
Injective WTI/USDC PERP	+0.0220%	1h	102.04	+9.842%	$19K	$11K	30x	as long as short