CL

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0125%/8h= +13.7% APRnext payment +$0.16 per $10,000 · paid last 24h +0.033%

Price spread now: SoDEX against Nado−0.067%7-day average −0.043% · 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−$50as in the Price arb table

costs, in and out, $10k−$480.480% of the position

Long on Nado Short on SoDEX

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.129%+$13 on $10k

Price spread, last 4 days (all we have)−0.048%−$5 · spread now −0.067%, 7d avg −0.043%

Together, before fees+0.081%+ Points / potential airdropNado: Active · farm board+$8 on $10k · with fees, hour by hour

Funding pays, the price is against you. SoDEX is 0.023% cheaper against Nado than usual: you would sell low and buy high (spread −0.067% now, against its 7-day average of −0.043%). If the spread goes back, that is −$2 on $10k: about 15 hours of funding at the current rate (+$4 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Nado WTI-PERP	93.477	−0.0075	get 0.0009% / 1h	51m 10s	$959K	$628K	10x
Short	SoDEX CL-USD	93.415	0.0050	get 0.0006% / 1h	51m 10s	$2.1M	$60K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SoDEX 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 SoDEXbpOrdersPrice spread, now −0.067%Rate

Funding earned: $26.18
Price spread: −0.067% → −0.043%: −$2.34
Slippage, 4 orders: −$33.01
Fee Nado: 3.5 bp × 2 orders: −$7
Fee SoDEX: 4 bp × 2 orders: −$8
Net: −$24.17
Costs to cover: 0.480%
Break-even: 13.5 days

Slippage from Nado: live order book, 52 min ago; SoDEX: live order book, 3 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, 52 min ago	0.11 bp	5.2 bp −$5	10.2 bp −$102	32.3 bp −$3,232	doesn't fit
Sell SoDEX live order book, 3 min ago	1.61 bp	18.0 bp −$18	96.2 bp −$962	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	−0.0499%	1h	93.400	−0.083%	$195K	$390K	15x	as long as short
GRVT CL_USDT_Perp	−0.0292%	4h	93.580	+0.110%	$73K	$628K	25x	as long as short
Aster CLUSD1	−0.0288%	4h	93.445	−0.034%	$24.6M	$64.6M	20x	as long as short
Kraken Futures PF_WTIOILUSD	−0.0209%	1h	93.416	−0.065%	$276K	$966K	25x	as long as short
Binance CLUSDT	−0.0164%	4h	93.414	−0.068%	$247.3M	$920.7M	100x	as long as short
Variational Omni CL	−0.0152%	4h	93.658	+0.193%	$13.5M	$10.6M	—	as long as short
Gate CL_USDT	−0.0127%	8h	93.340	−0.147%	$22.9M	$48.5M	100x	as long as short
Aftermath Perps WTIUSD	−0.0127%	1h	93.506	+0.031%	$2K	$26K	5x	as long as short
Bitget CLUSDT	−0.0124%	4h	93.415	−0.067%	$42.3M	$42.1M	100x	as long as short
Nado WTI-PERPlong	−0.0075%	1h	93.477	long leg	$959K	$628K	10x

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
OKX CL-USDT-SWAP	−0.0059%	4h	93.410	−0.072%	$42.5M	$103.1M	50x	as long as short
edgeX CLUSDC	−0.0050%	4h	93.462	−0.017%	$525K	$305K	30x	as long as short
QFEX CL-USD	−0.0038%	1h	93.410	−0.072%	$2.3M	$2.4M	10x	as long as short
Lighter WTI	−0.0024%	1h	93.397	−0.086%	$11.3M	$9.1M	20x	as long as short
Ondo Perps WTI-USD.P	−0.0018%	1h	93.380	−0.104%	$3.6M	$5.4M	20x	as long as short
Coinbase International WTIOIL-PERP-INTX	−0.0016%	1h	93.540	+0.067%	$405K	$860K	15x	as long as short
dYdX WTI-USD	0.0000%	1h	93.484	+0.008%	$8K	$3K	5x	as long as short
Bybit CLUSDT	0.0000%	8h	93.416	−0.066%	$26.8M	$79.4M	150x	as long as short
RISEx CL/USDC	0.0000%	1h	93.454	−0.025%	$3.0M	$2.9M	20x	as long as short
Phoenix WTIOIL	0.0000%	1h	93.600	+0.131%	$37K	$40K	20x	as long as short
Bullet WTIOIL-USD	0.0000%	1h	93.421	−0.060%	$19K	$240K	10x	as long as short
gTrade (Gains Network) WTI/USD	L 0.0000% / S +0.0036%	1h	92.964	−0.549%	$5K	—	150x	as long as short
Paradex CL-USD-PERP	+0.0004%	8h	93.378	−0.106%	$16K	$367	5x	as long as short
tradeXYZ xyz:CL	+0.0011%	1h	93.421	−0.060%	$184.7M	$202.2M	20x	as long as short
Extended WTI-USD	+0.0032%	1h	93.450	−0.029%	$1.9M	$15.1M	10x	as long as short
StandX CL-USD	+0.0040%	1h	93.470	−0.008%	$741K	$2.8M	40x	as long as short
Vest CL-PERP	+0.0046%	1h	93.430	−0.051%	—	$313K	10x	as long as short
Polymarket Perps WTIOIL-USD	+0.0050%	1h	93.418	−0.063%	$1.7M	$1.3M	20x	as long as short
SoDEX CL-USDshort	+0.0050%	1h	93.415	−0.067%	$2.1M	$60K	20x
Pacifica CL	+0.0100%	1h	93.413	−0.069%	$349K	$594K	10x	as long as short
KuCoin CLUSDTM	+0.0100%	4h	93.443	−0.037%	$7.1M	$2.4M	50x	as long as short
ApeX Omni CLUSDT	+0.0100%	1h	93.530	+0.056%	$54K	$266K	50x	as long as short
Aevo WTIOIL-PERP	+0.0104%	1h	93.388	−0.095%	$4K	—	10x	as long as short
BloFin CL-USDT	+0.0182%	4h	93.430	−0.051%	$4.1M	$985K	50x	as long as short
Injective WTI/USDC PERP	+0.0220%	1h	102.83	+10.007%	$19K	$11K	30x	as long as short
GMX WTIOIL/USD [ETH-USDC]	L +0.0252% / S −0.0187%	1h	93.395	−0.088%	$84K	—	111x	as long as short