CL

Leg	Exchange	Price	Fund. /8h	Each payment	Next in	OI	Vol 24h	Lev
LONG	PopdexCLUSDT	90.115	+0.0048	pay 0.0006% / 1h	34m 56s	$536K	$639K	20x	Long Popdex
SHORT	tradeXYZxyz:CL	90.042	−0.0034	pay 0.0004% / 1h	34m 56s	$147.0M	$133.7M	20x	Short tradeXYZ

Price gap−0.081%

Funding gap−0.0082% /8h

Both sides work against this direction now: funding costs $2 a day on $10k and the gap is 0.079% under its 7d average. Swap the legs.

If you open now and hold

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

Funding−$9−0.0082% /8h now · paid −0.090% over the last 7D

Price−$8spread −0.081% now, avg −0.002% → −0.079% if it goes back

Costs−$100.104% of $10k · taker + slippage, in and out

Result−$27−0.27%+ Points / potential airdroptradeXYZ: 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−0.081%

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 books3.9 / 1.0 bp
Entry at $10k a leg, taker fee + slippage. Closing costs about the same.
Note: Margin at max leverage$500 + $500
Popdex 20x, tradeXYZ 20x. 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: −$2.45Long Popdex: 24 payments, −$1.44; short tradeXYZ: 24 payments, −$1.01.
Watch: Gap narrower than usual−0.081% vs −0.002%
Less room for the price leg to pay you. If it goes back to average, the short loses.
Watch: Long leg is thinner$536K vs $147.0M OI
Popdex sets your exit cost. Check its book before closing.
OK: Points on a legtradeXYZ points
Volume here counts toward the points program.
OK: No KYC on either legPopdex No · tradeXYZ 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−0.0045%/8h × 21 periods−$9.54

Price spread−0.081% → −0.002% (7d avg)−$7.87

Slippage, 4 orderslive order books−$2.18

Fee Popdex bp × 2 orders−$6.40

Fee tradeXYZ bp × 2 orders−$1.80

Net · 7 days · $10k−$27.78

Costs to cover0.104%Break-evennever at this rate

Slippage: Popdex: live order book, 60 min ago; tradeXYZ: live order book, 11 min ago

Cost to enter

taker + slippage from mid, one side

BUY · LONGPopdex0.673.9 bp−$44.1 bp−$419.8 bp−$982doesn’t fit

SELL · SHORTtradeXYZ0.051.0 bp−$11.6 bp−$163.0 bp−$2957.8 bp−$3,895

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