CL

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0050%/8h= +5.5% APRnext payment +$0.06 per $10,000 · paid last 24h −0.002%

Price spread now: SoDEX against RISEx+0.008%7-day average −0.064% · you sell dearer than you buy

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

Net, price: spread back to 7d avg − costs−$40as in the Price arb table

costs, in and out, $10k−$470.469% of the position

Long on RISEx Short on SoDEX

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.066%−$7 on $10k

Price spread, last 4 days (all we have)−0.115%−$12 · spread now +0.008%, 7d avg −0.064%

Together, before fees−0.182%−$18 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and SoDEX is 0.071% dearer against RISEx than usual: you sell high and buy low: +$7 more if the spread goes back to its 7-day average of −0.064%. Mind the row above: over the last 3 days funding on this pair cost −0.066%, so the current rate has only just turned in your favour.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	RISEx CL/USDC	93.201	0	get 0.0000% / 1h	5m 22s	$3.0M	$2.8M	20x
Short	SoDEX CL-USD	93.208	0.0050	get 0.0006% / 1h	5m 22s	$2.1M	$62K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SoDEX 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 SoDEXbpOrdersPrice spread, now +0.008%Rate

Funding earned: $10.5
Price spread: +0.008% → −0.064%: $7.13
Slippage, 4 orders: −$32.87
Fee RISEx: 3 bp × 2 orders: −$6
Fee SoDEX: 4 bp × 2 orders: −$8
Net: −$29.24
Costs to cover: 0.469%
Break-even: 26.5 days

Slippage from RISEx: live order book, 4 min ago; SoDEX: live order book, 4 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, 4 min ago	1.39 bp	4.4 bp −$4	5.4 bp −$54	doesn't fit	doesn't fit
Sell SoDEX live order book, 4 min ago	0.54 bp	18.4 bp −$18	96.7 bp −$967	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	−0.0393%	1h	93.190	−0.012%	$194K	$398K	15x	as long as short
Aster CLUSD1	−0.0254%	4h	93.242	+0.044%	$24.8M	$62.1M	20x	as long as short
GRVT CL_USDT_Perp	−0.0218%	4h	93.231	+0.032%	$75K	$634K	25x	as long as short
Kraken Futures PF_WTIOILUSD	−0.0209%	1h	93.230	+0.031%	$275K	$931K	25x	as long as short
Binance CLUSDT	−0.0141%	4h	93.202	+0.001%	$246.7M	$922.5M	100x	as long as short
Gate CL_USDT	−0.0138%	8h	93.130	−0.076%	$23.2M	$50.7M	100x	as long as short
Variational Omni CL	−0.0130%	4h	93.192	−0.009%	$13.6M	$10.8M	—	as long as short
Nado WTI-PERP	−0.0109%	1h	93.222	+0.023%	$954K	$613K	10x	as long as short
Bitget CLUSDT	−0.0102%	4h	93.176	−0.027%	$42.2M	$41.4M	100x	as long as short
Aftermath Perps WTIUSD	−0.0084%	1h	93.157	−0.047%	$1K	$26K	5x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
OKX CL-USDT-SWAP	−0.0072%	4h	93.170	−0.033%	$42.6M	$103.1M	50x	as long as short
edgeX CLUSDC	−0.0042%	4h	93.256	+0.059%	$525K	$324K	30x	as long as short
QFEX CL-USD	−0.0038%	1h	93.150	−0.055%	$2.3M	$2.4M	10x	as long as short
tradeXYZ xyz:CL	−0.0016%	1h	93.201	0.000%	$184.4M	$196.4M	20x	as long as short
Coinbase International WTIOIL-PERP-INTX	−0.0016%	1h	93.540	+0.364%	$405K	$810K	15x	as long as short
Lighter WTI	−0.0008%	1h	93.164	−0.040%	$11.2M	$9.2M	20x	as long as short
Ondo Perps WTI-USD.P	−0.0006%	1h	93.140	−0.065%	$3.6M	$5.3M	20x	as long as short
dYdX WTI-USD	0.0000%	1h	93.210	+0.010%	$8K	$3K	5x	as long as short
Bybit CLUSDT	0.0000%	8h	93.214	+0.014%	$27.0M	$79.7M	150x	as long as short
RISEx CL/USDClong	0.0000%	1h	93.201	long leg	$3.0M	$2.8M	20x
Phoenix WTIOIL	0.0000%	1h	93.240	+0.042%	$37K	$40K	20x	as long as short
Bullet WTIOIL-USD	0.0000%	1h	93.217	+0.017%	$18K	$240K	10x	as long as short
gTrade (Gains Network) WTI/USD	L 0.0000% / S +0.0036%	1h	92.763	−0.470%	$5K	—	150x	as long as short
Paradex CL-USD-PERP	+0.0011%	8h	93.142	−0.063%	$16K	$367	5x	as long as short
Extended WTI-USD	+0.0032%	1h	93.200	−0.001%	$1.7M	$15.0M	10x	as long as short
StandX CL-USD	+0.0040%	1h	93.260	+0.063%	$739K	$2.8M	40x	as long as short
Vest CL-PERP	+0.0046%	1h	93.190	−0.012%	—	$313K	10x	as long as short
Polymarket Perps WTIOIL-USD	+0.0050%	1h	93.168	−0.035%	$1.6M	$1.3M	20x	as long as short
SoDEX CL-USDshort	+0.0050%	1h	93.208	+0.008%	$2.1M	$62K	20x
Pacifica CL	+0.0100%	1h	93.180	−0.023%	$347K	$589K	10x	as long as short
KuCoin CLUSDTM	+0.0100%	4h	93.201	0.000%	$7.1M	$2.4M	50x	as long as short
ApeX Omni CLUSDT	+0.0100%	1h	93.290	+0.095%	$54K	$266K	50x	as long as short
Aevo WTIOIL-PERP	+0.0104%	1h	93.195	−0.006%	$4K	—	10x	as long as short
BloFin CL-USDT	+0.0163%	4h	93.250	+0.053%	$4.1M	$985K	50x	as long as short
Injective WTI/USDC PERP	+0.0220%	1h	102.13	+9.585%	$19K	$11K	30x	as long as short
GMX WTIOIL/USD [ETH-USDC]	L +0.0260% / S −0.0207%	1h	93.185	−0.017%	$84K	—	111x	as long as short