CL

Alert: funding

Alert: spread

Funding you earn now, next payment 11:00 UTC−0.0086%/8h= −9.4% APRnext payment −$0.11 per $10,000 · paid last 24h −0.025%

Price spread now: gTrade (Gains Network) against SoDEX−0.419%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on SoDEX Short on gTrade (Gains Network)

What this pair did over the last

the charts below follow

Funding, last 2 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and gTrade (Gains Network) is 0.419% cheaper against SoDEX than usual: you would sell low and buy high (−$42 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SoDEX CL-USD	89.873	0.0050	pay 0.0006% / 1h	27m 39s	$2.0M	$83K	20x
Short	gTrade (Gains Network) WTI/USD	89.496	L −0.0001% / S +0.0036%	pay 0.0004% / 1h	27m 39s	$609	—	150x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

gTrade (Gains Network) 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 gTrade (Gains Network)bpOrdersPrice spread, now −0.419%Rate

Funding earned: −$18
Price spread: −0.419% → 0.000%: −$41.95
Slippage, 4 orders: no order book: not counted
Fee SoDEX: 4 bp × 2 orders: −$8
Fee gTrade (Gains Network): 4 bp × 2 orders: −$8
Net: −$75.95
Costs to cover: 0.160%
Break-even: never at this rate

Slippage unknown: SoDEX: live order book, 4 min ago; gTrade (Gains Network): no order-book sample. Net counts fees only.

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, 4 min ago	1.56 bp	21.3 bp −$21	92.1 bp −$921	doesn't fit	doesn't fit
Sell gTrade (Gains Network) no order-book sample	—	—	—	—	—

gTrade (Gains Network): no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

CL on 36 exchanges

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
Kraken Futures PF_WTIOILUSD	−0.0340%	1h	89.873	0.000%	$313K	$1.8M	25x	as long as short
GRVT CL_USDT_Perp	−0.0098%	4h	89.910	+0.041%	$61K	$643K	25x	as long as short
Aftermath Perps WTIUSD	−0.0096%	1h	89.848	−0.028%	$1K	$26K	5x	as long as short
Aster CLUSD1	−0.0092%	4h	89.854	−0.022%	$24.3M	$72.4M	20x	as long as short
Bitget CLUSDT	−0.0092%	4h	89.780	−0.103%	$40.9M	$55.9M	100x	as long as short
Deribit WTIOIL_USDC-PERPETUAL	−0.0084%	1h	89.860	−0.014%	$39K	$651K	15x	as long as short
edgeX CLUSDC	−0.0074%	4h	89.943	+0.078%	$497K	$366K	30x	as long as short
tradeXYZ xyz:CL	−0.0054%	1h	89.780	−0.103%	$166.0M	$242.1M	20x	as long as short
Binance CLUSDT	−0.0052%	4h	89.817	−0.062%	$241.0M	$1.20B	100x	as long as short
Ondo Perps WTI-USD.P	−0.0044%	1h	89.860	−0.014%	$3.4M	$6.3M	20x	as long as short

Show all 36 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Coinbase International WTIOIL-PERP-INTX	−0.0040%	1h	89.650	−0.248%	$409K	$1.4M	15x	as long as short
Gate CL_USDT	−0.0036%	8h	89.730	−0.159%	$23.1M	$55.1M	100x	as long as short
Variational Omni CL	−0.0034%	4h	89.864	−0.010%	$12.7M	$11.2M	—	as long as short
Nado WTI-PERP	−0.0027%	1h	89.865	−0.009%	$880K	$688K	10x	as long as short
QFEX CL-USD	−0.0025%	1h	89.880	+0.008%	$2.2M	$2.6M	10x	as long as short
gTrade (Gains Network) WTI/USDshort	L −0.0001% / S +0.0036%	1h	89.496	−0.419%	$609	—	150x
dYdX WTI-USD	0.0000%	1h	89.847	−0.028%	$8K	$3K	5x	as long as short
Bybit CLUSDT	0.0000%	8h	89.830	−0.048%	$27.8M	$109.2M	150x	as long as short
OKX CL-USDT-SWAP	0.0000%	4h	89.800	−0.081%	$40.3M	$134.0M	50x	as long as short
RISEx CL/USDC	0.0000%	1h	89.922	+0.055%	$2.8M	$3.1M	20x	as long as short
Phoenix WTIOIL	0.0000%	1h	89.940	+0.075%	$33K	$39K	20x	as long as short
Bullet WTIOIL-USD	0.0000%	1h	89.878	+0.006%	$17K	$235K	10x	as long as short
Extended WTI-USD	+0.0016%	1h	89.790	−0.092%	$1.4M	$14.0M	10x	as long as short
Paradex CL-USD-PERP	+0.0024%	8h	89.795	−0.087%	$15K	$458	5x	as long as short
Lighter WTI	+0.0032%	1h	89.781	−0.102%	$10.6M	$10.7M	20x	as long as short
StandX CL-USD	+0.0040%	1h	89.780	−0.103%	$692K	$2.7M	40x	as long as short
Vest CL-PERP	+0.0046%	1h	89.840	−0.037%	—	$313K	10x	as long as short
Polymarket Perps WTIOIL-USD	+0.0050%	1h	89.824	−0.055%	$1.6M	$1.4M	20x	as long as short
SoDEX CL-USDlong	+0.0050%	1h	89.873	long leg	$2.0M	$83K	20x
Pacifica CL	+0.0100%	1h	89.813	−0.067%	$301K	$739K	10x	as long as short
KuCoin CLUSDTM	+0.0100%	4h	89.787	−0.096%	$6.9M	$3.0M	50x	as long as short
ApeX Omni CLUSDT	+0.0100%	1h	89.930	+0.063%	$52K	$267K	50x	as long as short
Aevo WTIOIL-PERP	+0.0104%	1h	89.842	−0.034%	$4K	—	10x	as long as short
GMX WTIOIL/USD [ETH-USDC]	L +0.0164% / S +0.0005%	1h	89.795	−0.087%	$75K	—	111x	as long as short
Injective WTI/USDC PERP	+0.0220%	1h	90.137	+0.294%	$16K	$5K	30x	as long as short
BloFin CL-USDT	+0.0240%	4h	89.780	−0.103%	$3.8M	$1.0M	50x	as long as short