CL

Leg	Exchange	Price	Fund. /8h	Each payment	Next in	OI	Vol 24h	Lev
LONG	PopdexCLUSDT	90.588	+0.0048	pay 0.0006% / 1h	32m 28s	$537K	$770K	20x	Long Popdex
SHORT	AsterCLUSD1	90.650	0	0.0000% / 4h	1h 32m	$24.3M	$41.2M	20x	Short Aster≤10% back

Price gap+0.068%

Funding gap−0.0048% /8h

The gap pays +$4 on $10k if it goes back to its 7d average, but funding costs $1 a day and eats that in about 3.1 days. At the last 7 days' pace that is about 25 hours.

If you open now and hold

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

Funding−$27−0.0048% /8h now · paid −0.270% over the last 7D

Price+$4spread +0.068% now, avg +0.024% → +0.045% if it goes back

Costs−$190.191% of $10k · taker + slippage, in and out

Result−$42−0.42%+ Points / potential airdropAster: Stage 5 · farm boardWhat the last 7D really paid, hour by hour → backtest

Price and funding

1h · history

Entry / ExitPopdex: thin, under $1M open interest

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+0.068%

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 38 exchanges

lowest funding first

Before you open

4 ok · 2 to watch

OK: Fits both order books4.5 / 5.6 bp
Entry at $10k a leg, taker fee + slippage. Closing costs about the same.
Note: Margin at max leverage$500 + $500
Popdex 20x, Aster 20x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
Watch: Payment intervals differ1h / 4h
Payments land at different times. Close right after the slower leg pays.
Next 24h at the current rates, on $10k a leg: −$1.44Long Popdex: 24 payments, −$1.44; short Aster: 6 payments, $0.00.
OK: Entry gap works for you+0.068% vs +0.024%
You short the dearer leg. If the gap goes back to average, the short gains.
Watch: Long leg is thinner$537K vs $24.3M OI
Popdex sets your exit cost. Check its book before closing.
OK: Points on a legAster Stage 5
Volume here counts toward the points program.
OK: No KYC on either legPopdex No · Aster 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−0.0141%/8h × 21 periods−$29.60

Price spread+0.068% → +0.024% (7d avg)+$4.48

Slippage, 4 orderslive order books−$4.71

Fee Popdex bp × 2 orders−$6.40

Fee Aster bp × 2 orders−$8.00

Net · 7 days · $10k−$44.22

Costs to cover0.191%Break-evennever at this rate

Slippage: Popdex: live order book, 61 min ago; Aster: live order book, 6 min ago

Cost to enter

taker + slippage from mid, one side

BUY · LONGPopdex1.264.5 bp−$45.9 bp−$5915.9 bp−$1,589doesn’t fit

SELL · SHORTAster0.555.6 bp−$67.5 bp−$75doesn’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 →

09-25 16:46	Kalshi	Other	BREAKING: WTI oil down nearly 3% in the last 1 hour as Al Jazeera reports US-Iran talks have entered "technical stage" @Kalshi on X ↗
09-25 13:31	Vest Markets	Other	At the open, $CL is down around 2%, with Iran proposing on Thursday to reopen the Strait of Hormuz within seven days. Negotiators are exploring a phased arrangement in which Tehran reopens the strait and Washington lifts its economic blockade of Iran, per Reuters. Trade $CL volatility with a Vest Capital funded account and access up to $25k in trading capital. @VestExchange on X ↗

CL