CL

Leg	Exchange	Price	Fund. /8h	Each payment	Next in	OI	Vol 24h	Lev
LONG	ParadexCL-USD-PERP	102.88	+0.0013	pay 0.0013% / 8h	3h 56m	$293K	$2K	5x	Long Paradex+5% pts
SHORT	SunXUSOIL-USDT	103.16	0	0.0000% / 4h	3h 56m	$3K	$1.1M	20x	Short SunX≤10% back

Price gap+0.277%

Funding gap−0.0013% /8h

The gap pays +$6 on $10k if it goes back to its 7d average, but funding costs $0 a day and eats that in about 17 days.

If you open now and hold

on $10k a leg · figures of the last 7D, not a forecast

Funding+$7−0.0013% /8h now · paid +0.069% over the last 7D

Price+$6spread +0.277% now, avg +0.212% → +0.065% if it goes back

Costs−$770.775% of $10k · taker + slippage, in and out

Result−$64−0.64%+ Points / potential airdropParadex: points · farm boardWhat the last 7D really paid, hour by hour → backtest

Price and funding

1h · history

Entry / Exit

Price spread

Prices

Fundingper 8h

ENTRY / EXIT · 7D

Entry now—

Entry average—

Best entry—

Exit now—

Exit average—

Best exit—

Exit free—

PRICE SPREAD · 7D

Now+0.277%

Average—

Range—

Wider than now—

FUNDING SPREAD · 7D

Average /8h—

Highest—

Lowest—

Paid you—

Where the spread has been, last 7D

share of time at each level

Funding on every exchange

/8h

CL on 44 exchanges

lowest funding first

Before you open

3 ok · 3 to watch

Watch: Thin at this size13.2 / 26.8 bp
At $10k entering SunX costs 26.8 bp, fee and slippage, 2.0× Paradex’s.
Note: Margin at max leverage$2,000 + $500
Paradex 5x, SunX 20x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
Watch: Payment intervals differ8h / 4h
Payments land at different times. Close right after the slower leg pays.
Next 24h at the current rates, on $10k a leg: −$0.38Long Paradex: 3 payments, −$0.38; short SunX: 6 payments, $0.00.
OK: Entry gap works for you+0.277% vs +0.212%
You short the dearer leg. If the gap goes back to average, the short gains.
Watch: Short leg is thinner$3K vs $293K OI
SunX sets your exit cost. Check its book before closing.
OK: Points on a legParadex points
Volume here counts toward the points program.
OK: No KYC on either legParadex No · SunX No
Both exchanges let you trade without ID.

Profit calculator

both legs, in and out

Position, each leg

Hold for

Orders

Price spread

Funding rate

Funding earned+0.0033%/8h × 21 periods+$6.91

Price spread+0.277% → +0.212% (7d avg)+$6.49

Slippage, 4 orderslive order books−$65.49

Fee Paradex bp × 2 orders−$4.00

Fee SunX bp × 2 orders−$8.00

Net · 7 days · $10k−$64.10

Costs to cover0.775%Break-even72.0 days

Slippage: Paradex: live order book, 26 min ago; SunX: live order book, 13 min ago

Cost to enter

taker + slippage from mid, one side

BUY · LONGParadex11.1813.2 bp−$13doesn’t fitdoesn’t fitdoesn’t fit

SELL · SHORTSunX20.3626.8 bp−$27doesn’t fitdoesn’t fitdoesn’t fit

Closing costs about the same again.

CL news

posts that mention CL or Crude oil (WTI), from every exchangeSearch all news →

10-27 13:21	Ondo Perps	Other	Eligible perps markets for the Liquidity Pool: ▸ Stocks: NVDA, TSLA, META, AMD, INTC, MU, SNDK, COIN, MSTR, CRCL, SPCX ▸ Indices: US 500, US 100 ▸ ETFs: DRAM, SOXL ▸ Commodities: Gold, Silver, WTI ▸ Crypto: BTC, ETH Rewards are paid in USDC directly to your trading account within 48 hours of each week’s close. Trade Now → @OndoPerps on X ↗
10-23 19:28	Markets by Kinetiq	Other	WTI Crude Oil is back above $100, up 6% this week. Houthi strikes on Saudi Arabia are escalating, ship attacks near Hormuz just hit a record month, and US crude stocks have fallen three weeks straight. @Markets_xyz on X ↗
10-23 10:17	SoDEX	Other	🛢️ $CL: Will Oil Keep Rising? 🔥 Middle East tensions are heating up! Where will oil prices head next? 👀 ✅ Vote below ✅ Share your $CL position ✅ Comment your prediction! 📊 POLL: Where will $CL be by Dec 31, 2026? @sodex_official on X ↗
10-22 15:08	BingX	Other	When commodities make headlines, depth matters 📊 Trade GOLD, WTI, BRENT, and SILVER perpetuals with deeper order books on #BingXTradFi. Up to 5.1x the depth vs No.2 (GOLD-USDT, 100 bps). See the breakdown 👇 @BingXOfficial on X ↗
10-20 08:13	ApeX Omni	Other	Oil cracked. WTI -4.7% is the biggest move on the tape. bitcoin:native $81,703 -1.3%, ethereum:native $2,395 -1.5%, while $NDAQ added 1.1%. $527M went into spot bitcoin ETFs, the best day since September, with IBIT alone taking $665M. Fear and greed 55. @OfficialApeXdex on X ↗
10-19 19:35	BingX	Other	Brent topped $110, WTI broke $100, and diesel hit records as Hormuz attacks escalate. Energy rallied while the Nasdaq fell 4.5%. Oil is back driving inflation and rate fears 🛢️ @BingXOfficial on X ↗

CL