CL

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0037%/8h= −4.0% APRnext payment −$0.05 per $10,000 · paid last 24h −0.030%

Price spread now: tradeXYZ against RISEx−0.061%7-day average −0.060% · 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−$29as in the Price arb table

costs, in and out, $10k−$290.287% of the position

Long on RISEx Short on tradeXYZ

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)−0.122%−$12 on $10k

Price spread, last 7 days+0.023%+$2 · spread now −0.061%, 7d avg −0.060%

Together, before fees−0.099%+ Points / potential airdroptradeXYZ: Active · farm board−$10 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.060%, so right now this pair is about funding alone: −$1 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	RISEx CL/USDC	93.103	0	get 0.0000% / 1h	32m 04s	$3.0M	$2.9M	20x
Short	tradeXYZ xyz:CL	93.046	−0.0037	pay 0.0005% / 1h	32m 04s	$184.0M	$199.8M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

tradeXYZ 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 tradeXYZbpOrdersPrice spread, now −0.061%Rate

Funding earned: −$7.76
Price spread: −0.061% → −0.060%: −$0.08
Slippage, 4 orders: −$4.71
Fee RISEx: 3 bp × 2 orders: −$6
Fee tradeXYZ: 9 bp × 2 orders: −$18
Net: −$36.55
Costs to cover: 0.287%
Break-even: never at this rate

Slippage from RISEx: live order book, 2 min ago; tradeXYZ: live order book, 8 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, 2 min ago	1.66 bp	4.7 bp −$5	5.4 bp −$54	doesn't fit	doesn't fit
Sell tradeXYZ live order book, 8 min ago	0.27 bp	9.7 bp −$10	10.4 bp −$104	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	−0.0395%	1h	93.030	−0.078%	$194K	$395K	15x	as long as short
Aster CLUSD1	−0.0288%	4h	93.070	−0.035%	$24.6M	$64.7M	20x	as long as short
GRVT CL_USDT_Perp	−0.0262%	4h	93.080	−0.025%	$77K	$622K	25x	as long as short
Kraken Futures PF_WTIOILUSD	−0.0210%	1h	93.061	−0.045%	$274K	$939K	25x	as long as short
Binance CLUSDT	−0.0161%	4h	93.040	−0.068%	$247.0M	$923.2M	100x	as long as short
Variational Omni CL	−0.0143%	4h	93.137	+0.036%	$13.4M	$10.6M	—	as long as short
Gate CL_USDT	−0.0129%	8h	92.990	−0.121%	$22.9M	$49.3M	100x	as long as short
Bitget CLUSDT	−0.0124%	4h	93.032	−0.076%	$42.3M	$41.7M	100x	as long as short
Aftermath Perps WTIUSD	−0.0112%	1h	93.160	+0.061%	$2K	$26K	5x	as long as short
Nado WTI-PERP	−0.0099%	1h	93.115	+0.013%	$955K	$623K	10x	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	−0.0075%	4h	93.010	−0.100%	$42.7M	$102.8M	50x	as long as short
edgeX CLUSDC	−0.0057%	4h	93.176	+0.078%	$524K	$305K	30x	as long as short
QFEX CL-USD	−0.0038%	1h	93.060	−0.046%	$2.3M	$2.5M	10x	as long as short
tradeXYZ xyz:CLshort	−0.0037%	1h	93.046	−0.061%	$184.0M	$199.8M	20x
Ondo Perps WTI-USD.P	−0.0022%	1h	93.080	−0.025%	$3.6M	$5.3M	20x	as long as short
Lighter WTI	−0.0016%	1h	93.041	−0.067%	$11.2M	$9.2M	20x	as long as short
Coinbase International WTIOIL-PERP-INTX	−0.0016%	1h	93.540	+0.469%	$405K	$810K	15x	as long as short
Paradex CL-USD-PERP	−0.0005%	8h	93.048	−0.059%	$16K	$367	5x	as long as short
dYdX WTI-USD	0.0000%	1h	93.167	+0.069%	$8K	$3K	5x	as long as short
Bybit CLUSDT	0.0000%	8h	93.050	−0.057%	$26.7M	$79.0M	150x	as long as short
RISEx CL/USDClong	0.0000%	1h	93.103	long leg	$3.0M	$2.9M	20x
Phoenix WTIOIL	0.0000%	1h	93.170	+0.072%	$37K	$40K	20x	as long as short
Bullet WTIOIL-USD	0.0000%	1h	93.068	−0.038%	$18K	$239K	10x	as long as short
gTrade (Gains Network) WTI/USD	L 0.0000% / S +0.0036%	1h	92.692	−0.441%	$5K	—	150x	as long as short
Extended WTI-USD	+0.0016%	1h	93.080	−0.025%	$1.7M	$15.2M	10x	as long as short
StandX CL-USD	+0.0040%	1h	93.180	+0.083%	$738K	$2.8M	40x	as long as short
Vest CL-PERP	+0.0046%	1h	93.090	−0.014%	—	$313K	10x	as long as short
Polymarket Perps WTIOIL-USD	+0.0050%	1h	93.062	−0.044%	$1.7M	$1.3M	20x	as long as short
SoDEX CL-USD	+0.0050%	1h	93.047	−0.060%	$2.1M	$60K	20x	as long as short
Pacifica CL	+0.0100%	1h	93.106	+0.003%	$347K	$593K	10x	as long as short
KuCoin CLUSDTM	+0.0100%	4h	93.055	−0.052%	$7.0M	$2.4M	50x	as long as short
ApeX Omni CLUSDT	+0.0100%	1h	93.020	−0.089%	$54K	$266K	50x	as long as short
Aevo WTIOIL-PERP	+0.0104%	1h	93.034	−0.074%	$4K	—	10x	as long as short
BloFin CL-USDT	+0.0166%	4h	93.090	−0.014%	$4.1M	$983K	50x	as long as short
Injective WTI/USDC PERP	+0.0220%	1h	102.45	+10.039%	$19K	$11K	30x	as long as short
GMX WTIOIL/USD [ETH-USDC]	L +0.0244% / S −0.0169%	1h	93.045	−0.062%	$78K	—	111x	as long as short