CL

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC+0.0118%/8h= +12.9% APRnext payment +$0.15 per $10,000 · paid last 24h +0.029%

Price spread now: SoDEX against tradeXYZ−0.003%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−$56as in the Price arb table

costs, in and out, $10k−$580.577% of the position

Long on tradeXYZ Short on SoDEX

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.048%+$5 on $10k

Price spread, last 3 days (all we have)−0.088%−$9 · spread now −0.003%, 7d avg −0.021%

Together, before fees−0.040%+ Points / potential airdroptradeXYZ: Active · farm board−$4 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.021%, so right now this pair is about funding alone: +$4 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	tradeXYZ xyz:CL	92.730	−0.0068	get 0.0009% / 1h	34m 08s	$184.9M	$221.7M	20x
Short	SoDEX CL-USD	92.727	0.0050	get 0.0006% / 1h	34m 08s	$2.1M	$61K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SoDEX 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 SoDEXbpOrdersPrice spread, now −0.003%Rate

Funding earned: $24.83
Price spread: −0.003% → −0.021%: $1.73
Slippage, 4 orders: −$31.72
Fee tradeXYZ: 9 bp × 2 orders: −$18
Fee SoDEX: 4 bp × 2 orders: −$8
Net: −$31.15
Costs to cover: 0.577%
Break-even: 15.8 days

Slippage from tradeXYZ: live order book, 5 min ago; SoDEX: 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 tradeXYZ live order book, 5 min ago	0.11 bp	9.3 bp −$9	10.5 bp −$105	doesn't fit	doesn't fit
Sell SoDEX live order book, 5 min ago	0.54 bp	18.9 bp −$19	96.9 bp −$969	doesn't fit	doesn't fit

CL on 35 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	92.690	−0.043%	$198K	$366K	15x	as long as short
Aster CLUSD1	−0.0329%	4h	92.760	+0.032%	$23.9M	$74.4M	20x	as long as short
GRVT CL_USDT_Perp	−0.0296%	4h	92.686	−0.047%	$50K	$633K	25x	as long as short
Binance CLUSDT	−0.0271%	4h	92.725	−0.005%	$244.2M	$988.9M	100x	as long as short
Variational Omni CL	−0.0265%	4h	92.761	+0.033%	$13.3M	$11.1M	—	as long as short
Gate CL_USDT	−0.0152%	8h	92.680	−0.054%	$20.9M	$53.1M	100x	as long as short
tradeXYZ xyz:CLlong	−0.0068%	1h	92.730	long leg	$184.9M	$221.7M	20x
Ondo Perps WTI-USD.P	−0.0063%	1h	92.690	−0.043%	$3.5M	$5.7M	20x	as long as short
Coinbase International WTIOIL-PERP-INTX	−0.0048%	1h	92.030	−0.755%	$399K	$938K	15x	as long as short
Nado WTI-PERP	−0.0040%	1h	92.785	+0.059%	$963K	$694K	10x	as long as short

Show all 35 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Kraken Futures PF_WTIOILUSD	−0.0038%	1h	92.765	+0.037%	$275K	$870K	25x	as long as short
QFEX CL-USD	−0.0033%	1h	92.730	0.000%	$2.5M	$1.7M	10x	as long as short
OKX CL-USDT-SWAP	−0.0012%	4h	92.720	−0.011%	$42.7M	$105.9M	50x	as long as short
dYdX WTI-USD	0.0000%	1h	92.754	+0.026%	$8K	$3K	5x	as long as short
Bybit CLUSDT	0.0000%	8h	92.740	+0.011%	$26.3M	$82.7M	150x	as long as short
Bitget CLUSDT	0.0000%	4h	92.719	−0.012%	$41.9M	$45.7M	100x	as long as short
Phoenix WTIOIL	0.0000%	1h	92.820	+0.097%	$37K	$51K	20x	as long as short
Bullet WTIOIL-USD	0.0000%	1h	92.729	−0.001%	$18K	$240K	10x	as long as short
gTrade (Gains Network) WTI/USD	L 0.0000% / S +0.0036%	1h	92.280	−0.485%	$5K	—	150x	as long as short
edgeX CLUSDC	+0.0018%	4h	92.721	−0.009%	$533K	$297K	30x	as long as short
Paradex CL-USD-PERP	+0.0023%	8h	92.714	−0.018%	$16K	$367	5x	as long as short
Extended WTI-USD	+0.0024%	1h	92.770	+0.043%	$2.1M	$25.0M	10x	as long as short
Lighter WTI	+0.0032%	1h	92.740	+0.011%	$11.2M	$10.2M	20x	as long as short
Aftermath Perps WTIUSD	+0.0034%	1h	92.768	+0.041%	$2K	$28K	5x	as long as short
RISEx CL/USDC	+0.0037%	1h	92.858	+0.138%	$3.3M	$2.7M	20x	as long as short
StandX CL-USD	+0.0040%	1h	92.360	−0.399%	$726K	$3.0M	40x	as long as short
Vest CL-PERP	+0.0046%	1h	92.770	+0.043%	—	$310K	10x	as long as short
Polymarket Perps WTIOIL-USD	+0.0050%	1h	92.742	+0.013%	$1.6M	$1.3M	20x	as long as short
SoDEX CL-USDshort	+0.0050%	1h	92.727	−0.003%	$2.1M	$61K	20x
KuCoin CLUSDTM	+0.0068%	4h	92.789	+0.064%	$7.2M	$2.3M	50x	as long as short
Pacifica CL	+0.0100%	1h	92.728	−0.003%	$331K	$616K	10x	as long as short
ApeX Omni CLUSDT	+0.0100%	1h	92.840	+0.119%	$56K	$265K	50x	as long as short
Aevo WTIOIL-PERP	+0.0104%	1h	92.692	−0.041%	$4K	—	10x	as long as short
GMX WTIOIL/USD [ETH-USDC]	L +0.0207% / S −0.0131%	1h	92.725	−0.005%	$78K	—	111x	as long as short
Injective WTI/USDC PERP	+0.0220%	1h	101.83	+9.817%	$19K	$11K	30x	as long as short