CL

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC+0.0165%/8h= +18.0% APRnext payment +$0.21 per $10,000 · paid last 24h +0.003%

Price spread now: Lighter against Ondo Perps+0.002%7-day average −0.040% · you sell dearer than you buy

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

Long on Ondo Perps Short on Lighter

What this pair did over the last

the charts below follow

Funding, last 7 days+0.984%+$98 on $10k

Price spread, last 7 days−0.057%−$6 · spread now +0.002%, 7d avg −0.040%

Together, before fees+0.927%+ Points / potential airdropOndo Perps: Active · Lighter: Season 3 · farm board+$93 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$5 a day on $10k at the current rate, and Lighter is 0.042% dearer against Ondo Perps than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of −0.040%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Ondo Perps WTI-USD.P	92.890	−0.0165	get 0.0021% / 1h	8m 30s	$3.5M	$5.6M	20x
Short	Lighter WTI	92.892	0	get 0.0000% / 1h	8m 30s	$11.2M	$10.5M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Lighter 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 LighterbpOrdersPrice spread, now +0.002%Rate

Funding earned: $34.61
Price spread: +0.002% → −0.040%: $4.23
Slippage, 4 orders: no order book: not counted
Fee Ondo Perps: 2.5 bp × 2 orders: −$5
Fee Lighter: 0 bp × 2 orders: $0
Net: $33.84
Costs to cover: 0.050%
Break-even: 0.2 days

Slippage unknown: Ondo Perps: no order-book sample; Lighter: live order book, 5 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 Lighter live order book, 5 min ago	0.16 bp	0.2 bp $0	0.4 bp −$4	7.2 bp −$720	25.4 bp −$12.7K

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	−0.0611%	1h	92.860	−0.032%	$198K	$369K	15x	as long as short
Aster CLUSD1	−0.0263%	4h	92.900	+0.011%	$24.0M	$67.9M	20x	as long as short
GRVT CL_USDT_Perp	−0.0246%	4h	92.895	+0.006%	$53K	$635K	25x	as long as short
Binance CLUSDT	−0.0207%	4h	92.890	0.000%	$244.5M	$951.4M	100x	as long as short
Variational Omni CL	−0.0197%	4h	92.897	+0.007%	$13.5M	$11.2M	—	as long as short
Ondo Perps WTI-USD.Plong	−0.0165%	1h	92.890	long leg	$3.5M	$5.6M	20x
Nado WTI-PERP	−0.0150%	1h	92.954	+0.069%	$961K	$656K	10x	as long as short
OKX CL-USDT-SWAP	−0.0080%	4h	92.920	+0.032%	$42.8M	$102.1M	50x	as long as short
tradeXYZ xyz:CL	−0.0073%	1h	92.894	+0.004%	$184.4M	$216.6M	20x	as long as short
Extended WTI-USD	−0.0072%	1h	92.940	+0.054%	$2.1M	$22.2M	10x	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	−0.0070%	8h	92.840	−0.054%	$20.9M	$53.1M	100x	as long as short
Aftermath Perps WTIUSD	−0.0066%	1h	92.921	+0.033%	$2K	$27K	5x	as long as short
Coinbase International WTIOIL-PERP-INTX	−0.0040%	1h	92.750	−0.151%	$402K	$944K	15x	as long as short
QFEX CL-USD	−0.0032%	1h	92.880	−0.011%	$2.5M	$1.7M	10x	as long as short
edgeX CLUSDC	−0.0017%	4h	92.917	+0.029%	$529K	$302K	30x	as long as short
Bitget CLUSDT	−0.0014%	4h	92.879	−0.012%	$42.1M	$43.4M	100x	as long as short
Lighter WTIshort	0.0000%	1h	92.892	+0.002%	$11.2M	$10.5M	20x
dYdX WTI-USD	0.0000%	1h	92.937	+0.050%	$8K	$3K	5x	as long as short
Bybit CLUSDT	0.0000%	8h	92.897	+0.008%	$26.5M	$80.9M	150x	as long as short
Phoenix WTIOIL	0.0000%	1h	92.950	+0.065%	$37K	$42K	20x	as long as short
Bullet WTIOIL-USD	0.0000%	1h	92.900	+0.011%	$18K	$241K	10x	as long as short
gTrade (Gains Network) WTI/USD	L 0.0000% / S +0.0036%	1h	92.464	−0.459%	$5K	—	150x	as long as short
KuCoin CLUSDTM	+0.0006%	4h	92.937	+0.051%	$7.1M	$2.4M	50x	as long as short
Paradex CL-USD-PERP	+0.0010%	8h	92.881	−0.009%	$16K	$367	5x	as long as short
StandX CL-USD	+0.0040%	1h	92.930	+0.043%	$733K	$2.9M	40x	as long as short
Vest CL-PERP	+0.0046%	1h	92.920	+0.032%	—	$310K	10x	as long as short
Polymarket Perps WTIOIL-USD	+0.0050%	1h	92.896	+0.006%	$1.6M	$1.2M	20x	as long as short
SoDEX CL-USD	+0.0050%	1h	92.885	−0.005%	$2.1M	$60K	20x	as long as short
RISEx CL/USDC	+0.0066%	1h	92.978	+0.095%	$3.1M	$2.9M	20x	as long as short
Pacifica CL	+0.0100%	1h	92.891	+0.001%	$331K	$619K	10x	as long as short
ApeX Omni CLUSDT	+0.0100%	1h	92.960	+0.075%	$56K	$265K	50x	as long as short
Aevo WTIOIL-PERP	+0.0104%	1h	92.924	+0.036%	$4K	—	10x	as long as short
Kraken Futures PF_WTIOILUSD	+0.0105%	1h	92.916	+0.028%	$273K	$872K	25x	as long as short
BloFin CL-USDT	+0.0164%	4h	92.910	+0.022%	$4.0M	$1.1M	50x	as long as short
GMX WTIOIL/USD [ETH-USDC]	L +0.0207% / S −0.0131%	1h	92.885	−0.005%	$78K	—	111x	as long as short
Injective WTI/USDC PERP	+0.0220%	1h	102.10	+9.913%	$19K	$11K	30x	as long as short