CL

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC−0.0018%/8h= −2.0% APRnext payment −$0.02 per $10,000 · paid last 24h −0.006%

Price spread now: Extended against SoDEX+0.048%7-day average +0.006% · 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−$41as in the Price arb table

costs, in and out, $10k−$450.452% of the position

Long on SoDEX Short on Extended

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.135%+$13 on $10k

Price spread, last 3 days (all we have)+0.073%+$7 · spread now +0.048%, 7d avg +0.006%

Together, before fees+0.207%+ Points / potential airdropExtended: Active · farm board+$21 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Extended is 0.042% dearer against SoDEX than usual: you sell high and buy low (spread +0.048% now, against its 7-day average of +0.006%): +$4 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 7.7 days. Mind the row above: over the last 3 days funding on this pair paid +0.135%, so the current rate has only just turned against you.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SoDEX CL-USD	92.176	0.0050	pay 0.0006% / 1h	53m 09s	$2.0M	$39K	20x
Short	Extended WTI-USD	92.220	0.0032	get 0.0004% / 1h	53m 09s	$2.0M	$26.7M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Extended against SoDEX. 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 SoDEXbpFee ExtendedbpOrdersPrice spread, now +0.048%Rate

Funding earned: −$3.78
Price spread: +0.048% → +0.006%: $4.18
Slippage, 4 orders: −$32.24
Fee SoDEX: 4 bp × 2 orders: −$8
Fee Extended: 2.5 bp × 2 orders: −$5
Net: −$44.84
Costs to cover: 0.452%
Break-even: never at this rate

Slippage from SoDEX: live order book, 1 min ago; Extended: live order book, 6 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 SoDEX live order book, 1 min ago	0.54 bp	18.8 bp −$19	83.6 bp −$836	doesn't fit	doesn't fit
Sell Extended live order book, 6 min ago	0.32 bp	3.9 bp −$4	7.2 bp −$72	23.0 bp −$2,298	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
GRVT CL_USDT_Perp	−0.0566%	4h	92.074	−0.111%	$58K	$702K	25x	as long as short
Aster CLUSD1	−0.0313%	4h	92.184	+0.009%	$23.9M	$78.8M	20x	as long as short
Binance CLUSDT	−0.0239%	4h	92.177	+0.001%	$244.3M	$1.08B	100x	as long as short
Variational Omni CL	−0.0223%	4h	92.093	−0.091%	$13.2M	$12.7M	—	as long as short
Gate CL_USDT	−0.0206%	8h	92.100	−0.082%	$21.3M	$54.2M	100x	as long as short
Deribit WTIOIL_USDC-PERPETUAL	−0.0184%	1h	92.190	+0.015%	$96K	$189K	15x	as long as short
Bybit CLUSDT	−0.0163%	8h	92.180	+0.004%	$26.0M	$93.8M	150x	as long as short
Nado WTI-PERP	−0.0132%	1h	92.219	+0.047%	$923K	$732K	10x	as long as short
Kraken Futures PF_WTIOILUSD	−0.0120%	1h	92.195	+0.020%	$273K	$1.2M	25x	as long as short
Ondo Perps WTI-USD.P	−0.0065%	1h	92.110	−0.072%	$3.5M	$6.2M	20x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
tradeXYZ xyz:CL	−0.0056%	1h	92.196	+0.022%	$185.8M	$261.3M	20x	as long as short
Lighter WTI	−0.0040%	1h	92.179	+0.003%	$11.2M	$9.9M	20x	as long as short
Coinbase International WTIOIL-PERP-INTX	−0.0040%	1h	92.030	−0.158%	$399K	$961K	15x	as long as short
QFEX CL-USD	−0.0040%	1h	92.150	−0.028%	$2.4M	$2.3M	10x	as long as short
Paradex CL-USD-PERP	−0.0032%	8h	92.133	−0.047%	$15K	$367	5x	as long as short
dYdX WTI-USD	0.0000%	1h	92.160	−0.018%	$8K	$3K	5x	as long as short
OKX CL-USDT-SWAP	0.0000%	4h	92.150	−0.028%	$42.9M	$111.3M	50x	as long as short
RISEx CL/USDC	0.0000%	1h	92.275	+0.108%	$3.3M	$2.7M	20x	as long as short
Bitget CLUSDT	0.0000%	4h	92.181	+0.005%	$41.9M	$51.4M	100x	as long as short
Phoenix WTIOIL	0.0000%	1h	92.280	+0.113%	$37K	$66K	20x	as long as short
Bullet WTIOIL-USD	0.0000%	1h	92.177	+0.001%	$18K	$241K	10x	as long as short
gTrade (Gains Network) WTI/USD	L 0.0000% / S +0.0036%	1h	91.765	−0.446%	$5K	—	150x	as long as short
ApeX Omni CLUSDT	+0.0006%	1h	92.130	−0.050%	$56K	$265K	50x	as long as short
Extended WTI-USDshort	+0.0032%	1h	92.220	+0.048%	$2.0M	$26.7M	10x
StandX CL-USD	+0.0040%	1h	92.140	−0.039%	$721K	$3.1M	40x	as long as short
Vest CL-PERP	+0.0046%	1h	92.210	+0.037%	—	$308K	10x	as long as short
Polymarket Perps WTIOIL-USD	+0.0050%	1h	92.172	−0.004%	$1.6M	$1.4M	20x	as long as short
SoDEX CL-USDlong	+0.0050%	1h	92.176	long leg	$2.0M	$39K	20x
edgeX CLUSDC	+0.0055%	4h	92.179	+0.003%	$530K	$305K	30x	as long as short
Pacifica CL	+0.0100%	1h	92.149	−0.029%	$353K	$596K	10x	as long as short
KuCoin CLUSDTM	+0.0100%	4h	92.189	+0.014%	$7.2M	$2.3M	50x	as long as short
Aevo WTIOIL-PERP	+0.0104%	1h	92.189	+0.014%	$4K	—	10x	as long as short
GMX WTIOIL/USD [ETH-USDC]	L +0.0205% / S −0.0131%	1h	92.175	−0.001%	$77K	—	111x	as long as short
Injective WTI/USDC PERP	+0.0220%	1h	101.38	+9.987%	$19K	$11K	30x	as long as short
BloFin CL-USDT	+0.0240%	4h	92.120	−0.061%	$4.0M	$1.4M	50x	as long as short
Aftermath Perps WTIUSD	+0.0458%	1h	92.146	−0.032%	$2K	$29K	5x	as long as short