CL

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC−0.0050%/8h= −5.5% APRnext payment −$0.06 per $10,000 · paid last 24h +0.002%

Price spread now: RISEx against SoDEX+0.097%7-day average +0.063% · 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−$450.447% of the position

Long on SoDEX Short on RISEx

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.068%+$7 on $10k

Price spread, last 4 days (all we have)+0.070%+$7 · spread now +0.097%, 7d avg +0.063%

Together, before fees+0.138%+$14 on $10k · with fees, hour by hour

The price spread pays, funding is against you. RISEx is 0.034% dearer against SoDEX than usual: you sell high and buy low (spread +0.097% now, against its 7-day average of +0.063%): +$3 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 2.3 days. Mind the row above: over the last 3 days funding on this pair paid +0.068%, 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	93.185	0.0050	pay 0.0006% / 1h	16m 37s	$2.1M	$60K	20x
Short	RISEx CL/USDC	93.276	0	get 0.0000% / 1h	16m 37s	$3.1M	$2.9M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

RISEx 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 RISExbpOrdersPrice spread, now +0.097%Rate

Funding earned: −$10.5
Price spread: +0.097% → +0.063%: $3.39
Slippage, 4 orders: −$30.72
Fee SoDEX: 4 bp × 2 orders: −$8
Fee RISEx: 3 bp × 2 orders: −$6
Net: −$51.83
Costs to cover: 0.447%
Break-even: never at this rate

Slippage from SoDEX: live order book, 2 min ago; RISEx: live order book, 2 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, 2 min ago	0.54 bp	18.8 bp −$19	82.3 bp −$823	doesn't fit	doesn't fit
Sell RISEx live order book, 2 min ago	0.27 bp	3.9 bp −$4	5.0 bp −$50	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	−0.0608%	1h	93.160	−0.027%	$199K	$370K	15x	as long as short
GRVT CL_USDT_Perp	−0.0326%	4h	93.123	−0.067%	$54K	$645K	25x	as long as short
Aster CLUSD1	−0.0279%	4h	93.233	+0.051%	$24.3M	$66.0M	20x	as long as short
Binance CLUSDT	−0.0186%	4h	93.212	+0.029%	$246.0M	$940.0M	100x	as long as short
Variational Omni CL	−0.0167%	4h	93.119	−0.071%	$13.3M	$10.9M	—	as long as short
Ondo Perps WTI-USD.P	−0.0134%	1h	93.140	−0.048%	$3.5M	$5.4M	20x	as long as short
Bitget CLUSDT	−0.0132%	4h	93.202	+0.018%	$42.0M	$43.2M	100x	as long as short
Aftermath Perps WTIUSD	−0.0127%	1h	93.207	+0.023%	$2K	$27K	5x	as long as short
Nado WTI-PERP	−0.0118%	1h	93.272	+0.094%	$964K	$629K	10x	as long as short
Gate CL_USDT	−0.0067%	8h	93.150	−0.038%	$21.3M	$51.5M	100x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Kraken Futures PF_WTIOILUSD	−0.0061%	1h	93.208	+0.025%	$281K	$958K	25x	as long as short
OKX CL-USDT-SWAP	−0.0060%	4h	93.210	+0.027%	$42.7M	$102.9M	50x	as long as short
tradeXYZ xyz:CL	−0.0055%	1h	93.207	+0.024%	$184.5M	$217.7M	20x	as long as short
Coinbase International WTIOIL-PERP-INTX	−0.0040%	1h	93.160	−0.027%	$403K	$929K	15x	as long as short
QFEX CL-USD	−0.0033%	1h	93.190	+0.005%	$2.3M	$1.9M	10x	as long as short
Paradex CL-USD-PERP	−0.0027%	8h	93.191	+0.007%	$16K	$367	5x	as long as short
edgeX CLUSDC	−0.0025%	4h	93.146	−0.042%	$524K	$306K	30x	as long as short
Phoenix WTIOIL	−0.0009%	1h	93.260	+0.080%	$37K	$41K	20x	as long as short
dYdX WTI-USD	0.0000%	1h	93.255	+0.075%	$8K	$3K	5x	as long as short
Bybit CLUSDT	0.0000%	8h	93.215	+0.032%	$26.8M	$80.5M	150x	as long as short
RISEx CL/USDCshort	0.0000%	1h	93.276	+0.097%	$3.1M	$2.9M	20x
Bullet WTIOIL-USD	0.0000%	1h	93.192	+0.008%	$19K	$241K	10x	as long as short
gTrade (Gains Network) WTI/USD	L 0.0000% / S +0.0036%	1h	92.753	−0.464%	$5K	—	150x	as long as short
KuCoin CLUSDTM	+0.0004%	4h	93.238	+0.057%	$7.1M	$2.4M	50x	as long as short
Lighter WTI	+0.0008%	1h	93.207	+0.024%	$11.2M	$10.3M	20x	as long as short
Extended WTI-USD	+0.0008%	1h	93.250	+0.070%	$2.0M	$18.6M	10x	as long as short
StandX CL-USD	+0.0040%	1h	93.150	−0.038%	$736K	$2.9M	40x	as long as short
Vest CL-PERP	+0.0046%	1h	93.230	+0.048%	—	$313K	10x	as long as short
Polymarket Perps WTIOIL-USD	+0.0050%	1h	93.210	+0.027%	$1.7M	$1.3M	20x	as long as short
SoDEX CL-USDlong	+0.0050%	1h	93.185	long leg	$2.1M	$60K	20x
Pacifica CL	+0.0100%	1h	93.208	+0.025%	$331K	$579K	10x	as long as short
ApeX Omni CLUSDT	+0.0100%	1h	93.250	+0.070%	$54K	$266K	50x	as long as short
Aevo WTIOIL-PERP	+0.0104%	1h	93.180	−0.005%	$4K	—	10x	as long as short
BloFin CL-USDT	+0.0181%	4h	93.180	−0.005%	$4.0M	$999K	50x	as long as short
Injective WTI/USDC PERP	+0.0220%	1h	102.37	+9.858%	$19K	$11K	30x	as long as short
GMX WTIOIL/USD [ETH-USDC]	L +0.0223% / S −0.0151%	1h	93.195	+0.011%	$81K	—	111x	as long as short