CL

Alert: funding

Alert: spread

Funding you earn now, next payment 11:00 UTC−0.0089%/8h= −9.8% APRnext payment −$0.11 per $10,000 · paid last 24h +0.007%

Price spread now: Ondo Perps against Nado−0.029%7-day average −0.056% · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Nado Short on Ondo Perps

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)+0.150%+$15 on $10k

Price spread, last 7 days+0.507%+$51 · spread now −0.029%, 7d avg −0.056%

Together, before fees+0.657%+ Points / potential airdropNado: Active · Ondo Perps: Active · farm board+$66 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Ondo Perps is 0.026% dearer against Nado than usual: you sell high and buy low (spread −0.029% now, against its 7-day average of −0.056%): +$3 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 24 hours. Mind the row above: over the last 4 days funding on this pair paid +0.150%, so the current rate has only just turned against you.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Nado WTI-PERP	89.476	−0.0035	get 0.0004% / 1h	53m 23s	$871K	$683K	10x
Short	Ondo Perps WTI-USD.P	89.450	−0.0125	pay 0.0016% / 1h	53m 23s	$3.4M	$6.1M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Ondo Perps 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 Ondo PerpsbpOrdersPrice spread, now −0.029%Rate

Funding earned: −$18.76
Price spread: −0.029% → −0.056%: $2.64
Slippage, 4 orders: no order book: not counted
Fee Nado: 3.5 bp × 2 orders: −$7
Fee Ondo Perps: 2.5 bp × 2 orders: −$5
Net: −$28.12
Costs to cover: 0.120%
Break-even: never at this rate

Slippage unknown: Nado: live order book, 58 min ago; Ondo Perps: no order-book sample. Net counts fees only.

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, 58 min ago	1.04 bp	5.8 bp −$6	8.8 bp −$88	28.9 bp −$2,889	doesn't fit
Sell Ondo Perps no order-book sample	—	—	—	—	—

Ondo Perps: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

CL on 36 exchanges

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
Kraken Futures PF_WTIOILUSD	−0.0341%	1h	89.598	+0.136%	$319K	$1.8M	25x	as long as short
Aster CLUSD1	−0.0147%	4h	89.650	+0.194%	$24.3M	$71.1M	20x	as long as short
Ondo Perps WTI-USD.Pshort	−0.0125%	1h	89.450	−0.029%	$3.4M	$6.1M	20x
Bitget CLUSDT	−0.0116%	4h	89.567	+0.102%	$40.6M	$56.3M	100x	as long as short
GRVT CL_USDT_Perp	−0.0114%	4h	89.326	−0.168%	$66K	$632K	25x	as long as short
tradeXYZ xyz:CL	−0.0099%	1h	89.569	+0.104%	$170.0M	$240.6M	20x	as long as short
Binance CLUSDT	−0.0099%	4h	89.627	+0.168%	$241.0M	$1.20B	100x	as long as short
edgeX CLUSDC	−0.0080%	4h	89.515	+0.044%	$495K	$383K	30x	as long as short
Variational Omni CL	−0.0080%	4h	89.432	−0.049%	$12.6M	$11.3M	—	as long as short
Extended WTI-USD	−0.0080%	1h	89.610	+0.150%	$1.2M	$14.6M	10x	as long as short

Show all 36 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Gate CL_USDT	−0.0075%	8h	89.550	+0.083%	$22.9M	$53.4M	100x	as long as short
Aftermath Perps WTIUSD	−0.0052%	1h	89.626	+0.167%	$1K	$27K	5x	as long as short
Coinbase International WTIOIL-PERP-INTX	−0.0040%	1h	89.360	−0.130%	$408K	$1.5M	15x	as long as short
Nado WTI-PERPlong	−0.0035%	1h	89.476	long leg	$871K	$683K	10x
OKX CL-USDT-SWAP	−0.0027%	4h	89.600	+0.138%	$39.9M	$131.3M	50x	as long as short
QFEX CL-USD	−0.0025%	1h	89.470	−0.007%	$2.2M	$2.8M	10x	as long as short
gTrade (Gains Network) WTI/USD	L −0.0001% / S +0.0036%	1h	89.065	−0.459%	$606	—	150x	as long as short
dYdX WTI-USD	0.0000%	1h	89.424	−0.058%	$8K	$3K	5x	as long as short
Bybit CLUSDT	0.0000%	8h	89.620	+0.161%	$26.7M	$108.7M	150x	as long as short
RISEx CL/USDC	0.0000%	1h	89.623	+0.164%	$2.8M	$3.1M	20x	as long as short
Phoenix WTIOIL	0.0000%	1h	89.500	+0.027%	$32K	$39K	20x	as long as short
Bullet WTIOIL-USD	0.0000%	1h	89.620	+0.161%	$16K	$238K	10x	as long as short
Deribit WTIOIL_USDC-PERPETUAL	0.0000%	1h	89.600	+0.138%	$46K	$651K	15x	as long as short
Paradex CL-USD-PERP	+0.0011%	8h	89.488	+0.013%	$15K	$367	5x	as long as short
Lighter WTI	+0.0016%	1h	89.464	−0.014%	$10.6M	$10.2M	20x	as long as short
StandX CL-USD	+0.0040%	1h	89.400	−0.085%	$690K	$2.8M	40x	as long as short
Vest CL-PERP	+0.0046%	1h	89.490	+0.016%	—	$313K	10x	as long as short
Polymarket Perps WTIOIL-USD	+0.0050%	1h	89.493	+0.019%	$1.6M	$1.4M	20x	as long as short
SoDEX CL-USD	+0.0050%	1h	89.589	+0.126%	$2.0M	$84K	20x	as long as short
Pacifica CL	+0.0100%	1h	89.487	+0.012%	$300K	$729K	10x	as long as short
KuCoin CLUSDTM	+0.0100%	4h	89.541	+0.073%	$6.9M	$3.0M	50x	as long as short
ApeX Omni CLUSDT	+0.0100%	1h	89.420	−0.063%	$52K	$266K	50x	as long as short
Aevo WTIOIL-PERP	+0.0104%	1h	89.573	+0.108%	$4K	—	10x	as long as short
GMX WTIOIL/USD [ETH-USDC]	L +0.0165% / S +0.0014%	1h	89.615	+0.155%	$73K	—	111x	as long as short
BloFin CL-USDT	+0.0210%	4h	89.380	−0.107%	$3.9M	$1.1M	50x	as long as short
Injective WTI/USDC PERP	+0.0220%	1h	90.137	+0.739%	$16K	$5K	30x	as long as short