CL

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0115%/8h= +12.6% APRnext payment +$0.14 per $10,000 · paid last 24h +0.029%

Price spread now: RISEx against tradeXYZ+0.093%7-day average +0.060% · 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−$23as in the Price arb table

costs, in and out, $10k−$260.261% of the position

Long on tradeXYZ Short on RISEx

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)+0.118%+$12 on $10k

Price spread, last 7 days−0.030%−$3 · spread now +0.093%, 7d avg +0.060%

Together, before fees+0.087%+ Points / potential airdroptradeXYZ: Active · farm board+$9 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and RISEx is 0.033% dearer against tradeXYZ than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of +0.060%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	tradeXYZ xyz:CL	92.854	−0.0115	get 0.0014% / 1h	7m 24s	$187.7M	$216.4M	20x
Short	RISEx CL/USDC	92.940	0	get 0.0000% / 1h	7m 24s	$3.1M	$2.9M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

RISEx against tradeXYZ. 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 tradeXYZbpFee RISExbpOrdersPrice spread, now +0.093%Rate

Funding earned: $24.12
Price spread: +0.093% → +0.060%: $3.28
Slippage, 4 orders: −$2.06
Fee tradeXYZ: 9 bp × 2 orders: −$18
Fee RISEx: 3 bp × 2 orders: −$6
Net: $1.34
Costs to cover: 0.261%
Break-even: 6.6 days

Slippage from tradeXYZ: live order book, 11 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 tradeXYZ live order book, 11 min ago	0.22 bp	9.5 bp −$10	10.1 bp −$101	doesn't fit	doesn't fit
Sell RISEx live order book, 2 min ago	0.05 bp	3.9 bp −$4	5.7 bp −$57	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	−0.0611%	1h	92.830	−0.026%	$198K	$370K	15x	as long as short
Aster CLUSD1	−0.0273%	4h	92.883	+0.032%	$24.0M	$66.4M	20x	as long as short
GRVT CL_USDT_Perp	−0.0246%	4h	92.887	+0.036%	$64K	$648K	25x	as long as short
Kraken Futures PF_WTIOILUSD	−0.0196%	1h	92.895	+0.044%	$272K	$874K	25x	as long as short
Binance CLUSDT	−0.0188%	4h	92.862	+0.008%	$244.4M	$944.6M	100x	as long as short
Variational Omni CL	−0.0179%	4h	92.888	+0.036%	$13.5M	$10.8M	—	as long as short
Bitget CLUSDT	−0.0128%	4h	92.855	+0.001%	$42.0M	$43.5M	100x	as long as short
tradeXYZ xyz:CLlong	−0.0115%	1h	92.854	long leg	$187.7M	$216.4M	20x
Aftermath Perps WTIUSD	−0.0104%	1h	92.911	+0.062%	$2K	$27K	5x	as long as short
Ondo Perps WTI-USD.P	−0.0091%	1h	92.850	−0.004%	$3.5M	$5.4M	20x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
OKX CL-USDT-SWAP	−0.0058%	4h	92.870	+0.017%	$42.4M	$102.6M	50x	as long as short
Gate CL_USDT	−0.0048%	8h	92.810	−0.047%	$20.8M	$52.2M	100x	as long as short
Coinbase International WTIOIL-PERP-INTX	−0.0048%	1h	92.750	−0.112%	$402K	$944K	15x	as long as short
QFEX CL-USD	−0.0043%	1h	92.870	+0.017%	$2.3M	$1.8M	10x	as long as short
Nado WTI-PERP	−0.0034%	1h	92.930	+0.081%	$963K	$648K	10x	as long as short
KuCoin CLUSDTM	−0.0032%	4h	92.872	+0.019%	$7.1M	$2.4M	50x	as long as short
edgeX CLUSDC	−0.0003%	4h	92.895	+0.044%	$526K	$303K	30x	as long as short
Lighter WTI	0.0000%	1h	92.876	+0.024%	$11.2M	$10.6M	20x	as long as short
dYdX WTI-USD	0.0000%	1h	92.937	+0.089%	$8K	$3K	5x	as long as short
Bybit CLUSDT	0.0000%	8h	92.870	+0.017%	$26.7M	$80.4M	150x	as long as short
RISEx CL/USDCshort	0.0000%	1h	92.940	+0.093%	$3.1M	$2.9M	20x
Phoenix WTIOIL	0.0000%	1h	92.940	+0.093%	$37K	$42K	20x	as long as short
Bullet WTIOIL-USD	0.0000%	1h	92.866	+0.013%	$19K	$241K	10x	as long as short
gTrade (Gains Network) WTI/USD	L 0.0000% / S +0.0036%	1h	92.433	−0.453%	$5K	—	150x	as long as short
Paradex CL-USD-PERP	+0.0005%	8h	92.858	+0.004%	$16K	$367	5x	as long as short
Extended WTI-USD	+0.0032%	1h	92.910	+0.060%	$2.0M	$20.3M	10x	as long as short
StandX CL-USD	+0.0040%	1h	92.890	+0.039%	$734K	$2.9M	40x	as long as short
Vest CL-PERP	+0.0046%	1h	92.900	+0.050%	—	$310K	10x	as long as short
Polymarket Perps WTIOIL-USD	+0.0050%	1h	92.870	+0.017%	$1.7M	$1.3M	20x	as long as short
SoDEX CL-USD	+0.0050%	1h	92.870	+0.017%	$2.1M	$60K	20x	as long as short
Pacifica CL	+0.0068%	1h	92.868	+0.015%	$330K	$622K	10x	as long as short
ApeX Omni CLUSDT	+0.0100%	1h	92.950	+0.103%	$56K	$266K	50x	as long as short
Aevo WTIOIL-PERP	+0.0104%	1h	92.843	−0.012%	$4K	—	10x	as long as short
BloFin CL-USDT	+0.0186%	4h	92.900	+0.050%	$4.0M	$1.1M	50x	as long as short
GMX WTIOIL/USD [ETH-USDC]	L +0.0216% / S −0.0144%	1h	92.865	+0.012%	$81K	—	111x	as long as short
Injective WTI/USDC PERP	+0.0220%	1h	102.25	+10.120%	$19K	$11K	30x	as long as short