CL

Leg	Exchange	Price	Fund. /8h	Each payment	Next in	OI	Vol 24h	Lev
LONG	PopdexCLUSDT	93.055	−0.1184	get 0.0148% / 1h	22m 09s	$600K	$757K	20x	Long Popdex
SHORT	StandXCL-USD	93.040	−0.0285	pay 0.0036% / 1h	22m 09s	$677K	$1.4M	40x	Short StandX+5% pts

Price gap−0.016%

Funding gap+0.0899% /8h

Funding pays +$27 a day on $10k, but the gap is 0.025% under its 7d average: −$2 if it goes back, about 2 hours of funding.

If you open now and hold

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

Funding−$2+0.0899% /8h now · paid −0.016% over the last 7D

Price−$2spread −0.016% now, avg +0.009% → −0.025% if it goes back

Costs−$230.235% of $10k · taker + slippage, in and out

Result−$28−0.28%+ Points / potential airdropStandX: points · farm boardWhat the last 7D really paid, hour by hour → backtest

The current funding rate is far above what this pair has been paying: over the last 7 days it paid −0.016% in total, about −0.0008%/8h on average.

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−0.016%

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 37 exchanges

lowest funding first

Before you open

4 ok · 2 to watch

OK: Fits both order books4.0 / 7.8 bp
Entry at $10k a leg, taker fee + slippage. Closing costs about the same.
Note: Margin at max leverage$500 + $250
Popdex 20x, StandX 40x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
OK: Same payment interval1h / 1h
Both legs pay at the same time.
Next 24h at the current rates, on $10k a leg: +$26.96Long Popdex: 24 payments, +$35.52; short StandX: 24 payments, −$8.56.
Watch: Gap narrower than usual−0.016% vs +0.009%
Less room for the price leg to pay you. If it goes back to average, the short loses.
Watch: Long leg is thinner$600K vs $677K OI
Popdex sets your exit cost. Check its book before closing.
OK: Points on a legStandX points
Volume here counts toward the points program.
OK: No KYC on either legPopdex No · StandX 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−0.0008%/8h × 21 periods−$1.64

Price spread−0.016% → +0.009% (7d avg)−$2.49

Slippage, 4 orderslive order books−$9.09

Fee Popdex bp × 2 orders−$6.40

Fee StandX bp × 2 orders−$8.00

Net · 7 days · $10k−$27.62

Costs to cover0.235%Break-evennever at this rate

Slippage: Popdex: live order book, 46 min ago; StandX: live order book, 1 min ago

Cost to enter

taker + slippage from mid, one side

BUY · LONGPopdex0.754.0 bp−$44.2 bp−$4211.2 bp−$1,119doesn’t fit

SELL · SHORTStandX3.767.8 bp−$810.4 bp−$104doesn’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