CL

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC+0.0120%/8h= +13.1% APRnext payment +$0.15 per $10,000 · paid last 24h +0.004%

Price spread now: Bullet against Ondo Perps−0.039%7-day average +0.048% · you buy dearer than you sell

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

Long on Ondo Perps Short on Bullet

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 4 days (all we have)+0.112%+$11 · spread now −0.039%, 7d avg +0.048%

Together, before fees+0.041%+ Points / potential airdropOndo Perps: Active · farm board+$4 on $10k · with fees, hour by hour

Funding pays, the price is against you. Bullet is 0.087% cheaper against Ondo Perps than usual: you would sell low and buy high (spread −0.039% now, against its 7-day average of +0.048%). If the spread goes back, that is −$9 on $10k: about 2.4 days of funding at the current rate (+$4 a day). 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.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Ondo Perps WTI-USD.P	93.220	−0.0120	get 0.0015% / 1h	28m 05s	$3.5M	$5.4M	20x
Short	Bullet WTIOIL-USD	93.184	0	get 0.0000% / 1h	28m 05s	$19K	$241K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bullet against Ondo Perps. 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 Ondo PerpsbpFee BulletbpOrdersPrice spread, now −0.039%Rate

Funding earned: $25.2
Price spread: −0.039% → +0.048%: −$8.67
Slippage, 4 orders: no order book: not counted
Fee Ondo Perps: 2.5 bp × 2 orders: −$5
Fee Bullet: 4 bp × 2 orders: −$8
Net: $3.53
Costs to cover: 0.130%
Break-even: 6.0 days

Slippage unknown: Ondo Perps: no order-book sample; Bullet: live order book, 26 min ago. 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 Ondo Perps no order-book sample	—	—	—	—	—
Sell Bullet live order book, 26 min ago	0.54 bp	6.7 bp −$7	18.1 bp −$181	doesn't fit	doesn't fit

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 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	−0.0608%	1h	93.140	−0.086%	$199K	$370K	15x	as long as short
GRVT CL_USDT_Perp	−0.0274%	4h	93.161	−0.064%	$54K	$645K	25x	as long as short
Aster CLUSD1	−0.0260%	4h	93.206	−0.015%	$24.2M	$66.6M	20x	as long as short
Binance CLUSDT	−0.0174%	4h	93.180	−0.043%	$245.5M	$940.8M	100x	as long as short
Variational Omni CL	−0.0156%	4h	93.159	−0.066%	$13.4M	$10.9M	—	as long as short
Bitget CLUSDT	−0.0126%	4h	93.165	−0.059%	$41.9M	$43.2M	100x	as long as short
Nado WTI-PERP	−0.0121%	1h	93.228	+0.008%	$964K	$631K	10x	as long as short
Ondo Perps WTI-USD.Plong	−0.0120%	1h	93.220	long leg	$3.5M	$5.4M	20x
Aftermath Perps WTIUSD	−0.0111%	1h	93.225	+0.006%	$2K	$27K	5x	as long as short
Kraken Futures PF_WTIOILUSD	−0.0061%	1h	93.176	−0.047%	$278K	$953K	25x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Gate CL_USDT	−0.0059%	8h	93.120	−0.107%	$21.2M	$51.4M	100x	as long as short
edgeX CLUSDC	−0.0049%	4h	93.216	−0.005%	$524K	$307K	30x	as long as short
OKX CL-USDT-SWAP	−0.0044%	4h	93.160	−0.064%	$42.7M	$102.7M	50x	as long as short
Coinbase International WTIOIL-PERP-INTX	−0.0040%	1h	93.190	−0.032%	$401K	$927K	15x	as long as short
tradeXYZ xyz:CL	−0.0038%	1h	93.173	−0.050%	$184.4M	$217.9M	20x	as long as short
QFEX CL-USD	−0.0033%	1h	93.160	−0.064%	$2.3M	$1.8M	10x	as long as short
Phoenix WTIOIL	−0.0009%	1h	93.210	−0.011%	$37K	$41K	20x	as long as short
Paradex CL-USD-PERP	−0.0009%	8h	93.157	−0.068%	$16K	$367	5x	as long as short
dYdX WTI-USD	0.0000%	1h	93.263	+0.046%	$8K	$3K	5x	as long as short
Bybit CLUSDT	0.0000%	8h	93.190	−0.032%	$26.9M	$80.5M	150x	as long as short
RISEx CL/USDC	0.0000%	1h	93.243	+0.024%	$3.1M	$2.9M	20x	as long as short
Bullet WTIOIL-USDshort	0.0000%	1h	93.184	−0.039%	$19K	$241K	10x
gTrade (Gains Network) WTI/USD	L 0.0000% / S +0.0036%	1h	92.740	−0.515%	$5K	—	150x	as long as short
KuCoin CLUSDTM	+0.0004%	4h	93.196	−0.026%	$7.1M	$2.4M	50x	as long as short
Lighter WTI	+0.0024%	1h	93.178	−0.045%	$11.2M	$10.3M	20x	as long as short
Extended WTI-USD	+0.0032%	1h	93.225	+0.005%	$2.0M	$18.9M	10x	as long as short
StandX CL-USD	+0.0040%	1h	93.150	−0.075%	$736K	$2.9M	40x	as long as short
Vest CL-PERP	+0.0046%	1h	93.190	−0.032%	—	$313K	10x	as long as short
Polymarket Perps WTIOIL-USD	+0.0050%	1h	93.180	−0.043%	$1.7M	$1.3M	20x	as long as short
SoDEX CL-USD	+0.0050%	1h	93.176	−0.047%	$2.1M	$60K	20x	as long as short
Pacifica CL	+0.0100%	1h	93.165	−0.059%	$331K	$579K	10x	as long as short
ApeX Omni CLUSDT	+0.0100%	1h	93.170	−0.054%	$56K	$266K	50x	as long as short
Aevo WTIOIL-PERP	+0.0104%	1h	93.149	−0.076%	$4K	—	10x	as long as short
BloFin CL-USDT	+0.0200%	4h	93.160	−0.064%	$4.0M	$1.0M	50x	as long as short
Injective WTI/USDC PERP	+0.0220%	1h	102.51	+9.966%	$19K	$11K	30x	as long as short
GMX WTIOIL/USD [ETH-USDC]	L +0.0222% / S −0.0149%	1h	93.175	−0.048%	$81K	—	111x	as long as short