CL

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC−0.0170%/8h= −18.6% APRnext payment −$0.21 per $10,000 · paid last 24h −0.037%

Price spread now: Kraken Futures against SoDEX+0.022%7-day average +0.020% · 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−$57as in the Price arb table

costs, in and out, $10k−$580.576% of the position

Long on SoDEX Short on Kraken Futures

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.026%−$3 on $10k

Price spread, last 3 days (all we have)+0.020%+$2 · spread now +0.022%, 7d avg +0.020%

Together, before fees−0.006%−$1 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.020%, so right now this pair is about funding alone: −$5 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SoDEX CL-USD	92.695	0.0050	pay 0.0006% / 1h	3m 03s	$2.1M	$59K	20x
Short	Kraken Futures PF_WTIOILUSD	92.715	−0.0120	pay 0.0015% / 1h	3m 03s	$275K	$912K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Kraken Futures 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 Kraken FuturesbpOrdersPrice spread, now +0.022%Rate

Funding earned: −$35.6
Price spread: +0.022% → +0.020%: $0.18
Slippage, 4 orders: −$39.58
Fee SoDEX: 4 bp × 2 orders: −$8
Fee Kraken Futures: 5 bp × 2 orders: −$10
Net: −$93
Costs to cover: 0.576%
Break-even: never at this rate

Slippage from SoDEX: live order book, 1 min ago; Kraken Futures: live order book, 10 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	18.9 bp −$19	83.3 bp −$833	doesn't fit	doesn't fit
Sell Kraken Futures live order book, 10 min ago	2.86 bp	9.5 bp −$10	20.2 bp −$202	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
GRVT CL_USDT_Perp	−0.0346%	4h	92.649	−0.049%	$58K	$630K	25x	as long as short
Aster CLUSD1	−0.0337%	4h	92.714	+0.020%	$23.9M	$75.1M	20x	as long as short
Deribit WTIOIL_USDC-PERPETUAL	−0.0289%	1h	92.690	−0.005%	$123K	$274K	15x	as long as short
Binance CLUSDT	−0.0284%	4h	92.720	+0.027%	$244.7M	$1.02B	100x	as long as short
Variational Omni CL	−0.0273%	4h	92.658	−0.040%	$13.3M	$11.5M	—	as long as short
Gate CL_USDT	−0.0187%	8h	92.640	−0.059%	$21.3M	$55.6M	100x	as long as short
Kraken Futures PF_WTIOILUSDshort	−0.0120%	1h	92.715	+0.022%	$275K	$912K	25x
Ondo Perps WTI-USD.P	−0.0054%	1h	92.640	−0.059%	$3.5M	$5.9M	20x	as long as short
Nado WTI-PERP	−0.0050%	1h	92.743	+0.052%	$935K	$701K	10x	as long as short
Coinbase International WTIOIL-PERP-INTX	−0.0040%	1h	92.030	−0.717%	$399K	$956K	15x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
QFEX CL-USD	−0.0040%	1h	92.670	−0.027%	$2.4M	$1.7M	10x	as long as short
tradeXYZ xyz:CL	−0.0032%	1h	92.716	+0.023%	$186.0M	$233.5M	20x	as long as short
OKX CL-USDT-SWAP	−0.0001%	4h	92.710	+0.016%	$42.9M	$108.5M	50x	as long as short
dYdX WTI-USD	0.0000%	1h	92.742	+0.050%	$8K	$3K	5x	as long as short
Bybit CLUSDT	0.0000%	8h	92.720	+0.027%	$26.5M	$87.9M	150x	as long as short
RISEx CL/USDC	0.0000%	1h	92.819	+0.133%	$3.3M	$2.7M	20x	as long as short
Bitget CLUSDT	0.0000%	4h	92.703	+0.009%	$42.2M	$47.9M	100x	as long as short
Phoenix WTIOIL	0.0000%	1h	92.680	−0.016%	$37K	$66K	20x	as long as short
Bullet WTIOIL-USD	0.0000%	1h	92.709	+0.015%	$18K	$239K	10x	as long as short
gTrade (Gains Network) WTI/USD	L 0.0000% / S +0.0036%	1h	92.256	−0.474%	$5K	—	150x	as long as short
Extended WTI-USD	+0.0008%	1h	92.750	+0.059%	$2.3M	$25.6M	10x	as long as short
Paradex CL-USD-PERP	+0.0010%	8h	92.674	−0.023%	$15K	$367	5x	as long as short
Lighter WTI	+0.0024%	1h	92.711	+0.017%	$11.2M	$10.3M	20x	as long as short
StandX CL-USD	+0.0040%	1h	92.350	−0.372%	$722K	$3.1M	40x	as long as short
Vest CL-PERP	+0.0046%	1h	92.730	+0.038%	—	$310K	10x	as long as short
Polymarket Perps WTIOIL-USD	+0.0050%	1h	92.710	+0.016%	$1.6M	$1.4M	20x	as long as short
SoDEX CL-USDlong	+0.0050%	1h	92.695	long leg	$2.1M	$59K	20x
edgeX CLUSDC	+0.0067%	4h	92.621	−0.080%	$533K	$299K	30x	as long as short
KuCoin CLUSDTM	+0.0078%	4h	92.717	+0.024%	$7.2M	$2.3M	50x	as long as short
Pacifica CL	+0.0100%	1h	92.690	−0.006%	$354K	$605K	10x	as long as short
ApeX Omni CLUSDT	+0.0100%	1h	92.740	+0.049%	$56K	$265K	50x	as long as short
Aevo WTIOIL-PERP	+0.0104%	1h	92.652	−0.046%	$4K	—	10x	as long as short
Aftermath Perps WTIUSD	+0.0125%	1h	92.692	−0.003%	$2K	$28K	5x	as long as short
GMX WTIOIL/USD [ETH-USDC]	L +0.0206% / S −0.0131%	1h	92.705	+0.011%	$78K	—	111x	as long as short
Injective WTI/USDC PERP	+0.0220%	1h	101.69	+9.704%	$19K	$11K	30x	as long as short
BloFin CL-USDT	+0.0240%	4h	92.640	−0.059%	$4.0M	$1.2M	50x	as long as short