CL

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC+0.0153%/8h= +16.7% APRnext payment +$0.19 per $10,000 · paid last 24h +0.025%

Price spread now: Extended against Nado−0.033%7-day average −0.021% · 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−$17as in the Price arb table

costs, in and out, $10k−$160.162% of the position

Long on Nado Short on Extended

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.253%+$25 on $10k

Price spread, last 7 days+0.063%+$6 · spread now −0.033%, 7d avg −0.021%

Together, before fees+0.316%+ Points / potential airdropNado: Active · Extended: Active · farm board+$32 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.021%, so right now this pair is about funding alone: +$5 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Nado WTI-PERP	93.411	−0.0129	get 0.0016% / 1h	52m 03s	$967K	$622K	10x
Short	Extended WTI-USD	93.380	0.0024	get 0.0003% / 1h	52m 03s	$2.0M	$18.1M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Extended 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 ExtendedbpOrdersPrice spread, now −0.033%Rate

Funding earned: $32.11
Price spread: −0.033% → −0.021%: −$1.16
Slippage, 4 orders: −$4.18
Fee Nado: 3.5 bp × 2 orders: −$7
Fee Extended: 2.5 bp × 2 orders: −$5
Net: $14.77
Costs to cover: 0.162%
Break-even: 3.8 days

Slippage from Nado: live order book, 61 min ago; Extended: 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 Nado live order book, 61 min ago	0.05 bp	6.1 bp −$6	9.0 bp −$90	30.9 bp −$3,088	doesn't fit
Sell Extended live order book, 2 min ago	0.27 bp	3.7 bp −$4	7.0 bp −$70	25.1 bp −$2,509	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	−0.0714%	1h	93.290	−0.129%	$197K	$372K	15x	as long as short
GRVT CL_USDT_Perp	−0.0340%	4h	93.316	−0.101%	$58K	$649K	25x	as long as short
Aster CLUSD1	−0.0294%	4h	93.360	−0.054%	$24.3M	$66.5M	20x	as long as short
Kraken Futures PF_WTIOILUSD	−0.0204%	1h	93.343	−0.073%	$282K	$962K	25x	as long as short
Binance CLUSDT	−0.0197%	4h	93.330	−0.086%	$246.5M	$936.5M	100x	as long as short
Variational Omni CL	−0.0180%	4h	93.309	−0.109%	$13.3M	$10.9M	—	as long as short
Ondo Perps WTI-USD.P	−0.0172%	1h	93.260	−0.161%	$3.5M	$5.3M	20x	as long as short
Aftermath Perps WTIUSD	−0.0137%	1h	93.325	−0.092%	$2K	$26K	5x	as long as short
Bitget CLUSDT	−0.0134%	4h	93.316	−0.101%	$42.1M	$43.1M	100x	as long as short
Nado WTI-PERPlong	−0.0129%	1h	93.411	long leg	$967K	$622K	10x

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
tradeXYZ xyz:CL	−0.0082%	1h	93.332	−0.084%	$184.5M	$215.4M	20x	as long as short
edgeX CLUSDC	−0.0077%	4h	93.325	−0.092%	$525K	$305K	30x	as long as short
Gate CL_USDT	−0.0074%	8h	93.280	−0.140%	$21.6M	$49.1M	100x	as long as short
OKX CL-USDT-SWAP	−0.0068%	4h	93.340	−0.076%	$42.6M	$102.5M	50x	as long as short
Coinbase International WTIOIL-PERP-INTX	−0.0040%	1h	93.160	−0.268%	$403K	$929K	15x	as long as short
QFEX CL-USD	−0.0032%	1h	93.320	−0.097%	$2.3M	$2.1M	10x	as long as short
Lighter WTI	−0.0016%	1h	93.322	−0.095%	$11.2M	$9.8M	20x	as long as short
Paradex CL-USD-PERP	−0.0012%	8h	93.333	−0.084%	$16K	$367	5x	as long as short
dYdX WTI-USD	0.0000%	1h	93.329	−0.087%	$8K	$3K	5x	as long as short
Bybit CLUSDT	0.0000%	8h	93.340	−0.076%	$27.0M	$79.8M	150x	as long as short
RISEx CL/USDC	0.0000%	1h	93.400	−0.012%	$3.1M	$2.9M	20x	as long as short
Phoenix WTIOIL	0.0000%	1h	93.370	−0.044%	$37K	$41K	20x	as long as short
Bullet WTIOIL-USD	0.0000%	1h	93.342	−0.074%	$19K	$241K	10x	as long as short
gTrade (Gains Network) WTI/USD	L 0.0000% / S +0.0036%	1h	92.893	−0.554%	$5K	—	150x	as long as short
Extended WTI-USDshort	+0.0024%	1h	93.380	−0.033%	$2.0M	$18.1M	10x
KuCoin CLUSDTM	+0.0030%	4h	93.351	−0.064%	$7.1M	$2.4M	50x	as long as short
StandX CL-USD	+0.0040%	1h	93.320	−0.097%	$738K	$2.9M	40x	as long as short
Vest CL-PERP	+0.0046%	1h	93.350	−0.065%	—	$313K	10x	as long as short
Pacifica CL	+0.0047%	1h	93.352	−0.063%	$331K	$576K	10x	as long as short
Polymarket Perps WTIOIL-USD	+0.0050%	1h	93.343	−0.073%	$1.7M	$1.3M	20x	as long as short
SoDEX CL-USD	+0.0050%	1h	93.335	−0.081%	$2.1M	$60K	20x	as long as short
ApeX Omni CLUSDT	+0.0100%	1h	93.290	−0.129%	$54K	$267K	50x	as long as short
Aevo WTIOIL-PERP	+0.0104%	1h	93.303	−0.115%	$4K	—	10x	as long as short
BloFin CL-USDT	+0.0173%	4h	93.300	−0.119%	$4.0M	$985K	50x	as long as short
Injective WTI/USDC PERP	+0.0220%	1h	102.57	+9.807%	$19K	$11K	30x	as long as short
GMX WTIOIL/USD [ETH-USDC]	L +0.0229% / S −0.0159%	1h	93.335	−0.081%	$82K	—	111x	as long as short