CL

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0020%/8h= +2.2% APRnext payment +$0.20 per $10,000 · paid last 24h −0.001%

Price spread now: Bybit against Paradex+0.068%7-day average — · you sell dearer than you buy

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

Long on Paradex Short on Bybit

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropParadex: Active · farm boardneeds both histories

Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Bybit is 0.068% dearer against Paradex than usual: you sell high and buy low: +$7 more if the spread goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Paradex CL-USD-PERP	92.418	−0.0020	get 0.0020% / 8h	7h 38m	$15K	$367	5x
Short	Bybit CLUSDT	92.481	0	get 0.0000% / 8h	7h 38m	$26.1M	$93.1M	150x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bybit against Paradex. 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 ParadexbpFee BybitbpOrdersPrice spread, now +0.068%Rate

Funding earned: $4.24
Price spread: +0.068% → 0.000%: $6.81
Slippage, 4 orders: no order book: not counted
Fee Paradex: 2 bp × 2 orders: −$4
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: −$3.95
Costs to cover: 0.150%
Break-even: 13.5 days

Slippage unknown: Paradex: no order-book sample; Bybit: live order book, 1 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 Paradex no order-book sample	—	—	—	—	—
Sell Bybit live order book, 1 min ago	0.54 bp	6.0 bp −$6	7.6 bp −$76	16.6 bp −$1,665	103.2 bp −$51.6K

Paradex: 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
GRVT CL_USDT_Perp	−0.0378%	4h	92.289	−0.140%	$58K	$693K	25x	as long as short
Aster CLUSD1	−0.0324%	4h	92.475	+0.062%	$24.0M	$81.5M	20x	as long as short
Binance CLUSDT	−0.0260%	4h	92.470	+0.057%	$245.1M	$1.08B	100x	as long as short
Variational Omni CL	−0.0247%	4h	92.351	−0.073%	$13.2M	$12.1M	—	as long as short
Gate CL_USDT	−0.0239%	8h	92.380	−0.041%	$21.3M	$54.7M	100x	as long as short
Kraken Futures PF_WTIOILUSD	−0.0120%	1h	92.478	+0.065%	$274K	$1.1M	25x	as long as short
Nado WTI-PERP	−0.0094%	1h	92.478	+0.065%	$932K	$734K	10x	as long as short
Deribit WTIOIL_USDC-PERPETUAL	−0.0074%	1h	92.470	+0.056%	$96K	$189K	15x	as long as short
Ondo Perps WTI-USD.P	−0.0055%	1h	92.410	−0.009%	$3.5M	$6.2M	20x	as long as short
Coinbase International WTIOIL-PERP-INTX	−0.0040%	1h	92.030	−0.420%	$399K	$960K	15x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
QFEX CL-USD	−0.0040%	1h	92.440	+0.024%	$2.4M	$2.2M	10x	as long as short
tradeXYZ xyz:CL	−0.0028%	1h	92.462	+0.048%	$186.6M	$256.5M	20x	as long as short
Paradex CL-USD-PERPlong	−0.0020%	8h	92.418	long leg	$15K	$367	5x
Lighter WTI	0.0000%	1h	92.458	+0.043%	$11.2M	$10.0M	20x	as long as short
dYdX WTI-USD	0.0000%	1h	92.483	+0.071%	$8K	$3K	5x	as long as short
Bybit CLUSDTshort	0.0000%	8h	92.481	+0.068%	$26.1M	$93.1M	150x
OKX CL-USDT-SWAP	0.0000%	4h	92.440	+0.024%	$42.9M	$111.3M	50x	as long as short
RISEx CL/USDC	0.0000%	1h	92.553	+0.146%	$3.3M	$2.7M	20x	as long as short
Bitget CLUSDT	0.0000%	4h	92.472	+0.058%	$42.1M	$51.0M	100x	as long as short
Phoenix WTIOIL	0.0000%	1h	92.380	−0.041%	$37K	$66K	20x	as long as short
Bullet WTIOIL-USD	0.0000%	1h	92.462	+0.047%	$19K	$241K	10x	as long as short
gTrade (Gains Network) WTI/USD	L 0.0000% / S +0.0036%	1h	92.017	−0.434%	$5K	—	150x	as long as short
edgeX CLUSDC	+0.0032%	4h	92.370	−0.052%	$531K	$299K	30x	as long as short
Extended WTI-USD	+0.0032%	1h	92.500	+0.089%	$2.3M	$27.3M	10x	as long as short
StandX CL-USD	+0.0040%	1h	92.370	−0.052%	$722K	$3.1M	40x	as long as short
Vest CL-PERP	+0.0046%	1h	92.460	+0.045%	—	$310K	10x	as long as short
Polymarket Perps WTIOIL-USD	+0.0050%	1h	92.452	+0.037%	$1.6M	$1.4M	20x	as long as short
SoDEX CL-USD	+0.0050%	1h	92.452	+0.037%	$2.0M	$39K	20x	as long as short
Pacifica CL	+0.0100%	1h	92.439	+0.023%	$354K	$596K	10x	as long as short
KuCoin CLUSDTM	+0.0100%	4h	92.478	+0.065%	$7.2M	$2.3M	50x	as long as short
ApeX Omni CLUSDT	+0.0100%	1h	92.380	−0.041%	$56K	$265K	50x	as long as short
Aevo WTIOIL-PERP	+0.0104%	1h	92.420	+0.002%	$4K	—	10x	as long as short
GMX WTIOIL/USD [ETH-USDC]	L +0.0206% / S −0.0131%	1h	92.465	+0.051%	$78K	—	111x	as long as short
Injective WTI/USDC PERP	+0.0220%	1h	101.38	+9.699%	$19K	$11K	30x	as long as short
BloFin CL-USDT	+0.0240%	4h	92.360	−0.063%	$4.0M	$1.4M	50x	as long as short
Aftermath Perps WTIUSD	+0.0328%	1h	92.366	−0.057%	$2K	$28K	5x	as long as short