CL

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC−0.0010%/8h= −1.1% APRnext payment −$0.01 per $10,000 · paid last 24h −0.006%

Price spread now: StandX against SoDEX−0.196%7-day average −0.021% · 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−$76as in the Price arb table

costs, in and out, $10k−$580.581% of the position

Long on SoDEX Short on StandX

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.057%−$6 on $10k

Price spread, last 4 days (all we have)+0.295%+$30 · spread now −0.196%, 7d avg −0.021%

Together, before fees+0.238%+ Points / potential airdropStandX: Active · farm board+$24 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs $0 a day on $10k at the current rate, and StandX is 0.175% cheaper against SoDEX than usual: you would sell low and buy high (−$18 if the spread goes back to its 7-day average of −0.021%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SoDEX CL-USD	93.654	0.0050	pay 0.0006% / 1h	54m 03s	$2.1M	$60K	20x
Short	StandX CL-USD	93.470	0.0040	get 0.0005% / 1h	54m 03s	$740K	$2.8M	40x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

StandX 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 StandXbpOrdersPrice spread, now −0.196%Rate

Funding earned: −$2.1
Price spread: −0.196% → −0.021%: −$17.51
Slippage, 4 orders: −$42.13
Fee SoDEX: 4 bp × 2 orders: −$8
Fee StandX: 4 bp × 2 orders: −$8
Net: −$77.75
Costs to cover: 0.581%
Break-even: never at this rate

Slippage from SoDEX: live order book, 5 min ago; StandX: live order book, 5 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, 5 min ago	0.54 bp	19.7 bp −$20	84.5 bp −$845	doesn't fit	doesn't fit
Sell StandX live order book, 5 min ago	1.61 bp	5.6 bp −$6	7.0 bp −$70	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	−0.0390%	1h	93.620	−0.036%	$197K	$380K	15x	as long as short
Aster CLUSD1	−0.0272%	4h	93.692	+0.040%	$24.5M	$64.7M	20x	as long as short
GRVT CL_USDT_Perp	−0.0264%	4h	93.559	−0.101%	$58K	$629K	25x	as long as short
Binance CLUSDT	−0.0159%	4h	93.671	+0.019%	$246.7M	$929.0M	100x	as long as short
Variational Omni CL	−0.0153%	4h	93.499	−0.166%	$13.4M	$10.8M	—	as long as short
Aftermath Perps WTIUSD	−0.0147%	1h	93.531	−0.131%	$2K	$26K	5x	as long as short
Kraken Futures PF_WTIOILUSD	−0.0137%	1h	93.665	+0.011%	$286K	$953K	25x	as long as short
Bitget CLUSDT	−0.0114%	4h	93.651	−0.003%	$42.2M	$42.7M	100x	as long as short
Gate CL_USDT	−0.0088%	8h	93.590	−0.068%	$22.2M	$48.2M	100x	as long as short
edgeX CLUSDC	−0.0051%	4h	93.497	−0.167%	$526K	$305K	30x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Ondo Perps WTI-USD.P	−0.0036%	1h	93.580	−0.079%	$3.5M	$5.4M	20x	as long as short
Nado WTI-PERP	−0.0028%	1h	93.690	+0.038%	$970K	$628K	10x	as long as short
OKX CL-USDT-SWAP	−0.0028%	4h	93.660	+0.006%	$42.7M	$102.0M	50x	as long as short
tradeXYZ xyz:CL	−0.0025%	1h	93.656	+0.002%	$185.2M	$210.6M	20x	as long as short
QFEX CL-USD	−0.0023%	1h	93.630	−0.026%	$2.3M	$2.5M	10x	as long as short
Coinbase International WTIOIL-PERP-INTX	−0.0008%	1h	93.500	−0.164%	$404K	$931K	15x	as long as short
dYdX WTI-USD	0.0000%	1h	93.513	−0.151%	$8K	$3K	5x	as long as short
Bybit CLUSDT	0.0000%	8h	93.680	+0.028%	$27.2M	$79.4M	150x	as long as short
RISEx CL/USDC	0.0000%	1h	93.684	+0.032%	$3.1M	$2.9M	20x	as long as short
Phoenix WTIOIL	0.0000%	1h	93.570	−0.090%	$38K	$39K	20x	as long as short
Bullet WTIOIL-USD	0.0000%	1h	93.649	−0.005%	$19K	$240K	10x	as long as short
gTrade (Gains Network) WTI/USD	L 0.0000% / S +0.0036%	1h	93.187	−0.499%	$5K	—	150x	as long as short
Paradex CL-USD-PERP	+0.0026%	8h	93.534	−0.128%	$16K	$367	5x	as long as short
Lighter WTI	+0.0032%	1h	93.653	−0.001%	$11.3M	$9.6M	20x	as long as short
Extended WTI-USD	+0.0032%	1h	93.670	+0.017%	$2.0M	$16.3M	10x	as long as short
StandX CL-USDshort	+0.0040%	1h	93.470	−0.196%	$740K	$2.8M	40x
Vest CL-PERP	+0.0046%	1h	93.610	−0.047%	—	$313K	10x	as long as short
Polymarket Perps WTIOIL-USD	+0.0050%	1h	93.645	−0.010%	$1.7M	$1.3M	20x	as long as short
SoDEX CL-USDlong	+0.0050%	1h	93.654	long leg	$2.1M	$60K	20x
Pacifica CL	+0.0100%	1h	93.577	−0.082%	$333K	$577K	10x	as long as short
KuCoin CLUSDTM	+0.0100%	4h	93.667	+0.014%	$7.1M	$2.4M	50x	as long as short
ApeX Omni CLUSDT	+0.0100%	1h	93.560	−0.100%	$54K	$266K	50x	as long as short
Aevo WTIOIL-PERP	+0.0104%	1h	93.621	−0.035%	$4K	—	10x	as long as short
BloFin CL-USDT	+0.0209%	4h	93.560	−0.100%	$4.0M	$980K	50x	as long as short
Injective WTI/USDC PERP	+0.0220%	1h	102.74	+9.706%	$19K	$11K	30x	as long as short
GMX WTIOIL/USD [ETH-USDC]	L +0.0243% / S −0.0177%	1h	93.645	−0.010%	$84K	—	111x	as long as short