CL

Leg	Exchange	Price	Fund. /8h	Each payment	Next in	OI	Vol 24h	Lev
LONG	StandXCL-USD	101.22	+0.0010	pay 0.0001% / 1h	56m 37s	$61K	$19K	40x	Long StandX+5% pts
SHORT	OrderlyPERP_CL_USDC	100.86	+0.0100	get 0.0050% / 4h	3h 56m	$244K	$44K	20x	Short Orderly

Price gap−0.356%

Funding gap+0.0090% /8h

Funding pays +$3 a day on $10k, but the gap is 0.356% under zero (no 7-day history yet): −$36 if it goes back, about 13 days of funding.

If you open now and hold

on $10k a leg · figures of the last 7D, not a forecast

Funding+$15+0.0090% /8h now · paid +0.150% over the last 7D

Price—spread −0.356% now · no price history on both exchanges yet

Costsno datano order book for StandX and Orderly

Result, before costs—+ Points / potential airdropStandX: points · farm boardneeds both price histories

Price and funding

1h · history

Entry / Exit

Price spread

Prices

Fundingper 8h

ENTRY / EXIT · 7D

Entry now—

Entry average—

Best entry—

Exit now—

Exit average—

Best exit—

Exit free—

PRICE SPREAD · 7D

Now−0.356%

Average—

Range—

Wider than now—

FUNDING SPREAD · 7D

Average /8h—

Highest—

Lowest—

Paid you—

Where the spread has been, last 7D

share of time at each level

Funding on every exchange

/8h

CL on 46 exchanges

lowest funding first

Before you open

2 ok · 2 to watch

Note: Order book unknown—
No order-book sample for StandX and Orderly: its slippage is not counted.
Note: Margin at max leverage$250 + $500
StandX 40x, Orderly 20x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
Watch: Payment intervals differ1h / 4h
Payments land at different times. Close right after the slower leg pays.
Next 24h at the current rates, on $10k a leg: +$2.69Long StandX: 24 payments, −$0.31; short Orderly: 6 payments, +$3.00.
Note: No 7-day spread history−0.356%
The gap cannot be compared with its average yet.
Watch: Long leg is thinner$61K vs $244K OI
StandX sets your exit cost. Check its book before closing.
OK: Points on a legStandX points
Volume here counts toward the points program.
OK: No KYC on either legStandX No · Orderly No
Both exchanges let you trade without ID.

Profit calculator

both legs, in and out

Position, each leg

Hold for

Orders

Price spread

Funding rate

Funding earned+0.0071%/8h × 21 periods+$15.00

Price spread−0.356% → 0−$35.57

Slippage, 4 ordersno data for StandX and Orderly—

Fee StandX bp × 2 orders−$8.00

Fee Orderly bp × 2 orders−$6.00

Net, fees only · 7 days · $10k−$34.57

Costs to cover0.140%Break-even23.1 days

Slippage: StandX: no order-book sample; Orderly: no order-book sample

Cost to enter

taker + slippage from mid, one side

BUY · LONGStandX—————

SELL · SHORTOrderly—————

Closing costs about the same again.
StandX and Orderly: no data.

CL news

posts that mention CL or Crude oil (WTI), from every exchangeSearch all news →

10-23 19:28	Markets by Kinetiq	Other	WTI Crude Oil is back above $100, up 6% this week. Houthi strikes on Saudi Arabia are escalating, ship attacks near Hormuz just hit a record month, and US crude stocks have fallen three weeks straight. @Markets_xyz on X ↗
10-23 10:17	SoDEX	Other	🛢️ $CL: Will Oil Keep Rising? 🔥 Middle East tensions are heating up! Where will oil prices head next? 👀 ✅ Vote below ✅ Share your $CL position ✅ Comment your prediction! 📊 POLL: Where will $CL be by Dec 31, 2026? @sodex_official on X ↗
10-22 15:08	BingX	Other	When commodities make headlines, depth matters 📊 Trade GOLD, WTI, BRENT, and SILVER perpetuals with deeper order books on #BingXTradFi. Up to 5.1x the depth vs No.2 (GOLD-USDT, 100 bps). See the breakdown 👇 @BingXOfficial on X ↗
10-20 08:13	ApeX Omni	Other	Oil cracked. WTI -4.7% is the biggest move on the tape. bitcoin:native $81,703 -1.3%, ethereum:native $2,395 -1.5%, while $NDAQ added 1.1%. $527M went into spot bitcoin ETFs, the best day since September, with IBIT alone taking $665M. Fear and greed 55. @OfficialApeXdex on X ↗
10-19 19:35	BingX	Other	Brent topped $110, WTI broke $100, and diesel hit records as Hormuz attacks escalate. Energy rallied while the Nasdaq fell 4.5%. Oil is back driving inflation and rate fears 🛢️ @BingXOfficial on X ↗
10-19 10:35	Phemex	Other	WTI just printed below $97 while Brent holds ~$108. Oil’s pullback after Friday’s spike is more technical + Russia supply hope than a clean demand collapse. For crypto traders, lower energy costs can ease inflation pressure — but geopolitics still keep the floor elevated. Execution quality matters more than the narrative when macro signals flip. @Phemex_official on X ↗

CL