CL

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC−0.0106%/8h= −11.6% APRnext payment −$0.13 per $10,000 · paid last 24h −0.015%

Price spread now: Coinbase International against RISEx−0.330%7-day average −0.159% · you buy dearer than you sell

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$39as in the Price arb table

costs, in and out, $10k−$220.219% of the position

Long on RISEx Short on Coinbase International

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)−0.260%−$26 on $10k

Price spread, last 4 days (all we have)+0.107%+$11 · spread now −0.330%, 7d avg −0.159%

Together, before fees−0.153%−$15 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Coinbase International is 0.171% cheaper against RISEx than usual: you would sell low and buy high (−$17 if the spread goes back to its 7-day average of −0.159%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	RISEx CL/USDC	93.057	0.0066	pay 0.0008% / 1h	6m 18s	$3.1M	$2.9M	20x
Short	Coinbase International WTIOIL-PERP-INTX	92.750	−0.0040	pay 0.0005% / 1h	6m 18s	$402K	$944K	15x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Coinbase International against RISEx. 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 RISExbpFee Coinbase InternationalbpOrdersPrice spread, now −0.330%Rate

Funding earned: −$22.26
Price spread: −0.330% → −0.159%: −$17.1
Slippage, 4 orders: −$5.87
Fee RISEx: 3 bp × 2 orders: −$6
Fee Coinbase International: 5 bp × 2 orders: −$10
Net: −$61.23
Costs to cover: 0.219%
Break-even: never at this rate

Slippage from RISEx: live order book, 3 min ago; Coinbase International: live order book, 32 min ago.

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 RISEx live order book, 3 min ago	0.59 bp	3.6 bp −$4	4.5 bp −$45	doesn't fit	doesn't fit
Sell Coinbase International live order book, 32 min ago	1.62 bp	6.6 bp −$7	8.8 bp −$88	doesn't fit	doesn't fit

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
Deribit WTIOIL_USDC-PERPETUAL	−0.0610%	1h	92.950	−0.115%	$198K	$369K	15x	as long as short
Aster CLUSD1	−0.0264%	4h	92.994	−0.068%	$24.0M	$68.1M	20x	as long as short
GRVT CL_USDT_Perp	−0.0246%	4h	92.885	−0.185%	$53K	$635K	25x	as long as short
Binance CLUSDT	−0.0207%	4h	92.981	−0.082%	$244.7M	$951.8M	100x	as long as short
Variational Omni CL	−0.0197%	4h	92.897	−0.173%	$13.5M	$11.2M	—	as long as short
Ondo Perps WTI-USD.P	−0.0165%	1h	92.890	−0.180%	$3.5M	$5.6M	20x	as long as short
Nado WTI-PERP	−0.0148%	1h	93.029	−0.030%	$961K	$655K	10x	as long as short
OKX CL-USDT-SWAP	−0.0082%	4h	92.970	−0.094%	$42.8M	$102.2M	50x	as long as short
Extended WTI-USD	−0.0080%	1h	93.030	−0.029%	$2.1M	$22.1M	10x	as long as short
tradeXYZ xyz:CL	−0.0073%	1h	92.977	−0.086%	$184.3M	$216.8M	20x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aftermath Perps WTIUSD	−0.0073%	1h	92.955	−0.110%	$2K	$27K	5x	as long as short
Gate CL_USDT	−0.0066%	8h	92.930	−0.137%	$20.9M	$53.2M	100x	as long as short
edgeX CLUSDC	−0.0065%	4h	92.900	−0.169%	$529K	$302K	30x	as long as short
Coinbase International WTIOIL-PERP-INTXshort	−0.0040%	1h	92.750	−0.330%	$402K	$944K	15x
QFEX CL-USD	−0.0032%	1h	92.950	−0.115%	$2.5M	$1.7M	10x	as long as short
Bitget CLUSDT	−0.0020%	4h	92.972	−0.092%	$42.1M	$43.5M	100x	as long as short
Lighter WTI	0.0000%	1h	92.978	−0.085%	$11.2M	$10.6M	20x	as long as short
dYdX WTI-USD	0.0000%	1h	92.937	−0.130%	$8K	$3K	5x	as long as short
Bybit CLUSDT	0.0000%	8h	92.993	−0.069%	$26.6M	$80.8M	150x	as long as short
Phoenix WTIOIL	0.0000%	1h	92.940	−0.126%	$37K	$42K	20x	as long as short
Bullet WTIOIL-USD	0.0000%	1h	92.980	−0.083%	$18K	$241K	10x	as long as short
gTrade (Gains Network) WTI/USD	L 0.0000% / S +0.0036%	1h	92.549	−0.546%	$5K	—	150x	as long as short
KuCoin CLUSDTM	+0.0006%	4h	92.984	−0.079%	$7.1M	$2.4M	50x	as long as short
Paradex CL-USD-PERP	+0.0010%	8h	92.956	−0.109%	$16K	$367	5x	as long as short
StandX CL-USD	+0.0040%	1h	92.940	−0.126%	$733K	$2.9M	40x	as long as short
Vest CL-PERP	+0.0046%	1h	92.990	−0.072%	—	$310K	10x	as long as short
Polymarket Perps WTIOIL-USD	+0.0050%	1h	92.989	−0.074%	$1.6M	$1.2M	20x	as long as short
SoDEX CL-USD	+0.0050%	1h	92.976	−0.088%	$2.1M	$60K	20x	as long as short
RISEx CL/USDClong	+0.0066%	1h	93.057	long leg	$3.1M	$2.9M	20x
Pacifica CL	+0.0100%	1h	92.964	−0.100%	$331K	$619K	10x	as long as short
ApeX Omni CLUSDT	+0.0100%	1h	92.960	−0.105%	$56K	$265K	50x	as long as short
Aevo WTIOIL-PERP	+0.0104%	1h	92.944	−0.122%	$4K	—	10x	as long as short
Kraken Futures PF_WTIOILUSD	+0.0105%	1h	93.003	−0.059%	$274K	$872K	25x	as long as short
BloFin CL-USDT	+0.0162%	4h	92.930	−0.137%	$4.0M	$1.1M	50x	as long as short
GMX WTIOIL/USD [ETH-USDC]	L +0.0207% / S −0.0131%	1h	92.975	−0.089%	$78K	—	111x	as long as short
Injective WTI/USDC PERP	+0.0220%	1h	102.10	+9.715%	$19K	$11K	30x	as long as short