CL

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0333%/8h= −36.4% APRnext payment −$0.42 per $10,000 · paid last 24h −0.020%

Price spread now: Deribit against StandX+0.033%7-day average +0.034% · 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−$33as in the Price arb table

costs, in and out, $10k−$330.328% of the position

Long on StandX Short on Deribit

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)−0.002%$0 on $10k

Price spread, last 3 days (all we have)−0.111%−$11 · spread now +0.033%, 7d avg +0.034%

Together, before fees−0.113%+ Points / potential airdropStandX: Active · farm board−$11 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.034%, so right now this pair is about funding alone: −$10 a day on $10k at the current rate.

The current funding rate is far above what this pair has been paying: over the last 4 days it paid -0.002% in total (about -0.2% a year). A funding rate is set anew for every payment; at this rate the next one is about −$0.42 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	StandX CL-USD	92.070	0.0040	pay 0.0005% / 1h	43m 18s	$724K	$3.1M	40x
Short	Deribit WTIOIL_USDC-PERPETUAL	92.100	−0.0293	pay 0.0037% / 1h	43m 18s	$96K	$189K	15x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Deribit against StandX. 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 StandXbpFee DeribitbpOrdersPrice spread, now +0.033%Rate

Funding earned: −$69.84
Price spread: +0.033% → +0.034%: −$0.1
Slippage, 4 orders: −$17.84
Fee StandX: 4 bp × 2 orders: −$8
Fee Deribit: 3.5 bp × 2 orders: −$7
Net: −$102.79
Costs to cover: 0.328%
Break-even: never at this rate

Slippage from StandX: live order book, 1 min ago; Deribit: live order book, 35 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 StandX live order book, 1 min ago	5.43 bp	9.4 bp −$9	9.6 bp −$96	doesn't fit	doesn't fit
Sell Deribit live order book, 35 min ago	0.54 bp	6.7 bp −$7	7.6 bp −$76	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
Kraken Futures PF_WTIOILUSD	−0.0450%	1h	92.112	+0.046%	$275K	$1.2M	25x	as long as short
GRVT CL_USDT_Perp	−0.0304%	4h	92.024	−0.050%	$58K	$702K	25x	as long as short
Deribit WTIOIL_USDC-PERPETUALshort	−0.0293%	1h	92.100	+0.033%	$96K	$189K	15x
Aster CLUSD1	−0.0227%	4h	92.101	+0.034%	$24.0M	$77.6M	20x	as long as short
Nado WTI-PERP	−0.0178%	1h	92.133	+0.068%	$924K	$741K	10x	as long as short
Binance CLUSDT	−0.0149%	4h	92.090	+0.022%	$245.4M	$1.10B	100x	as long as short
Lighter WTI	−0.0128%	1h	92.058	−0.013%	$11.1M	$10.9M	20x	as long as short
Ondo Perps WTI-USD.P	−0.0128%	1h	92.000	−0.076%	$3.5M	$6.4M	20x	as long as short
Variational Omni CL	−0.0123%	4h	91.994	−0.083%	$13.4M	$12.7M	—	as long as short
tradeXYZ xyz:CL	−0.0111%	1h	92.101	+0.034%	$185.8M	$275.8M	20x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Paradex CL-USD-PERP	−0.0108%	8h	92.042	−0.030%	$15K	$367	5x	as long as short
Bullet WTIOIL-USD	−0.0077%	1h	92.083	+0.014%	$18K	$241K	10x	as long as short
QFEX CL-USD	−0.0054%	1h	92.060	−0.011%	$2.4M	$2.6M	10x	as long as short
Gate CL_USDT	−0.0024%	8h	92.030	−0.043%	$21.3M	$57.5M	100x	as long as short
Pacifica CL	−0.0020%	1h	92.082	+0.013%	$332K	$576K	10x	as long as short
dYdX WTI-USD	0.0000%	1h	92.108	+0.041%	$8K	$3K	5x	as long as short
Bybit CLUSDT	0.0000%	8h	92.110	+0.043%	$25.7M	$94.8M	150x	as long as short
OKX CL-USDT-SWAP	0.0000%	4h	92.080	+0.011%	$43.1M	$113.0M	50x	as long as short
RISEx CL/USDC	0.0000%	1h	92.200	+0.141%	$3.3M	$2.7M	20x	as long as short
Bitget CLUSDT	0.0000%	4h	92.074	+0.004%	$41.9M	$51.8M	100x	as long as short
Phoenix WTIOIL	0.0000%	1h	92.070	0.000%	$37K	$101K	20x	as long as short
Coinbase International WTIOIL-PERP-INTX	0.0000%	1h	92.030	−0.043%	$399K	$984K	15x	as long as short
gTrade (Gains Network) WTI/USD	L 0.0000% / S +0.0036%	1h	91.669	−0.436%	$4K	—	150x	as long as short
Extended WTI-USD	+0.0008%	1h	92.140	+0.076%	$2.0M	$27.5M	10x	as long as short
Polymarket Perps WTIOIL-USD	+0.0025%	1h	92.080	+0.011%	$1.6M	$1.4M	20x	as long as short
StandX CL-USDlong	+0.0040%	1h	92.070	long leg	$724K	$3.1M	40x
Vest CL-PERP	+0.0046%	1h	92.140	+0.076%	—	$308K	10x	as long as short
SoDEX CL-USD	+0.0050%	1h	92.085	+0.016%	$2.0M	$39K	20x	as long as short
edgeX CLUSDC	+0.0059%	4h	92.037	−0.036%	$529K	$336K	30x	as long as short
Aftermath Perps WTIUSD	+0.0068%	1h	92.079	+0.009%	$2K	$29K	5x	as long as short
KuCoin CLUSDTM	+0.0100%	4h	92.075	+0.005%	$7.3M	$2.1M	50x	as long as short
ApeX Omni CLUSDT	+0.0100%	1h	92.150	+0.087%	$56K	$266K	50x	as long as short
Aevo WTIOIL-PERP	+0.0104%	1h	92.053	−0.019%	$4K	—	10x	as long as short
GMX WTIOIL/USD [ETH-USDC]	L +0.0203% / S −0.0127%	1h	92.085	+0.016%	$76K	—	111x	as long as short
Injective WTI/USDC PERP	+0.0220%	1h	101.28	+9.998%	$19K	$11K	30x	as long as short
BloFin CL-USDT	+0.0240%	4h	92.010	−0.065%	$4.0M	$1.4M	50x	as long as short