CL

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC−0.0040%/8h= −4.4% APRnext payment −$0.05 per $10,000 · paid last 24h −0.009%

Price spread now: Phoenix against StandX+0.357%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on StandX Short on Phoenix

What this pair did over the last

the charts below follow

Funding, last 7 days+0.023%+$2 on $10k

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropStandX: Active · farm boardneeds both histories

The price spread pays, funding is against you. Phoenix is 0.357% dearer against StandX than usual: you sell high and buy low (spread +0.357% now, against zero (this spread has no 7-day history yet)): +$36 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 30 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	StandX CL-USD	92.460	0.0040	pay 0.0005% / 1h	33m 26s	$727K	$2.9M	40x
Short	Phoenix WTIOIL	92.790	0	get 0.0000% / 1h	33m 26s	$37K	$42K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Phoenix 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 PhoenixbpOrdersPrice spread, now +0.357%Rate

Funding earned: −$8.4
Price spread: +0.357% → 0.000%: $35.69
Slippage, 4 orders: no order book: not counted
Fee StandX: 4 bp × 2 orders: −$8
Fee Phoenix: 3.5 bp × 2 orders: −$7
Net: $12.29
Costs to cover: 0.150%
Break-even: from the start

Slippage unknown: StandX: live order book, just now; Phoenix: no order-book sample. Net counts fees only.

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, just now	2.70 bp	45.0 bp −$45	47.7 bp −$477	doesn't fit	doesn't fit
Sell Phoenix no order-book sample	—	—	—	—	—

Phoenix: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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	−0.0612%	1h	92.730	+0.292%	$198K	$369K	15x	as long as short
Aster CLUSD1	−0.0249%	4h	92.820	+0.390%	$23.9M	$68.8M	20x	as long as short
GRVT CL_USDT_Perp	−0.0232%	4h	92.738	+0.300%	$61K	$625K	25x	as long as short
Binance CLUSDT	−0.0210%	4h	92.840	+0.411%	$244.9M	$955.8M	100x	as long as short
Variational Omni CL	−0.0204%	4h	92.697	+0.256%	$13.5M	$11.1M	—	as long as short
Ondo Perps WTI-USD.P	−0.0170%	1h	92.760	+0.324%	$3.5M	$5.6M	20x	as long as short
Nado WTI-PERP	−0.0149%	1h	92.835	+0.406%	$961K	$664K	10x	as long as short
Gate CL_USDT	−0.0091%	8h	92.770	+0.335%	$20.9M	$52.5M	100x	as long as short
tradeXYZ xyz:CL	−0.0069%	1h	92.842	+0.413%	$184.6M	$218.3M	20x	as long as short
OKX CL-USDT-SWAP	−0.0045%	4h	92.820	+0.389%	$42.8M	$102.0M	50x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aftermath Perps WTIUSD	−0.0040%	1h	92.810	+0.378%	$2K	$27K	5x	as long as short
Coinbase International WTIOIL-PERP-INTX	−0.0040%	1h	92.750	+0.314%	$402K	$944K	15x	as long as short
QFEX CL-USD	−0.0032%	1h	92.800	+0.368%	$2.5M	$1.7M	10x	as long as short
edgeX CLUSDC	−0.0025%	4h	92.747	+0.311%	$528K	$302K	30x	as long as short
Extended WTI-USD	−0.0008%	1h	92.810	+0.379%	$2.1M	$22.8M	10x	as long as short
Lighter WTI	0.0000%	1h	92.771	+0.336%	$11.2M	$10.4M	20x	as long as short
dYdX WTI-USD	0.0000%	1h	92.761	+0.326%	$8K	$3K	5x	as long as short
Bybit CLUSDT	0.0000%	8h	92.834	+0.404%	$26.4M	$81.3M	150x	as long as short
Bitget CLUSDT	0.0000%	4h	92.853	+0.425%	$41.9M	$43.3M	100x	as long as short
Phoenix WTIOILshort	0.0000%	1h	92.790	+0.357%	$37K	$42K	20x
Bullet WTIOIL-USD	0.0000%	1h	92.835	+0.405%	$18K	$242K	10x	as long as short
gTrade (Gains Network) WTI/USD	L 0.0000% / S +0.0036%	1h	92.398	−0.067%	$5K	—	150x	as long as short
Paradex CL-USD-PERP	+0.0018%	8h	92.760	+0.325%	$16K	$367	5x	as long as short
StandX CL-USDlong	+0.0040%	1h	92.460	long leg	$727K	$2.9M	40x
Vest CL-PERP	+0.0046%	1h	92.830	+0.400%	—	$310K	10x	as long as short
KuCoin CLUSDTM	+0.0046%	4h	92.786	+0.353%	$7.3M	$2.3M	50x	as long as short
Polymarket Perps WTIOIL-USD	+0.0050%	1h	92.840	+0.411%	$1.6M	$1.3M	20x	as long as short
SoDEX CL-USD	+0.0050%	1h	92.757	+0.321%	$2.1M	$61K	20x	as long as short
RISEx CL/USDC	+0.0066%	1h	92.941	+0.520%	$3.3M	$2.7M	20x	as long as short
Pacifica CL	+0.0100%	1h	92.765	+0.330%	$331K	$618K	10x	as long as short
ApeX Omni CLUSDT	+0.0100%	1h	92.830	+0.400%	$56K	$265K	50x	as long as short
Aevo WTIOIL-PERP	+0.0104%	1h	92.792	+0.359%	$4K	—	10x	as long as short
Kraken Futures PF_WTIOILUSD	+0.0105%	1h	92.767	+0.332%	$273K	$872K	25x	as long as short
BloFin CL-USDT	+0.0204%	4h	92.740	+0.303%	$4.0M	$1.1M	50x	as long as short
GMX WTIOIL/USD [ETH-USDC]	L +0.0207% / S −0.0131%	1h	92.835	+0.406%	$78K	—	111x	as long as short
Injective WTI/USDC PERP	+0.0220%	1h	101.95	+10.268%	$19K	$11K	30x	as long as short