CL

Alert: funding

Alert: spread

Funding you earn now, next payment 10:00 UTC+0.0107%/8h= +11.8% APRnext payment +$0.13 per $10,000 · paid last 24h +0.021%

Price spread now: StandX against tradeXYZ+0.341%7-day average −0.019% · you sell dearer than you buy

Net, funding: paid 7d − costs−$26as in the Funding arb table

Net, price: spread back to 7d avg − costs−$1as in the Price arb table

costs, in and out, $10k−$370.367% of the position

Long on tradeXYZ Short on StandX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.104%+$10 on $10k

Price spread, last 7 days−0.307%−$31 · spread now +0.341%, 7d avg −0.019%

Together, before fees−0.203%+ Points / potential airdroptradeXYZ: Active · StandX: Active · farm board−$20 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 StandX is 0.360% dearer against tradeXYZ than usual: you sell high and buy low: +$36 more if the spread goes back to its 7-day average of −0.019%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	tradeXYZ xyz:CL	90.382	−0.0067	get 0.0008% / 1h	56m 53s	$176.2M	$207.4M	20x
Short	StandX CL-USD	90.690	0.0040	get 0.0005% / 1h	56m 53s	$705K	$2.8M	40x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

StandX 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 StandXbpOrdersPrice spread, now +0.341%Rate

Funding earned: $22.55
Price spread: +0.341% → −0.019%: $35.95
Slippage, 4 orders: −$10.71
Fee tradeXYZ: 9 bp × 2 orders: −$18
Fee StandX: 4 bp × 2 orders: −$8
Net: $21.8
Costs to cover: 0.367%
Break-even: 0.2 days

Slippage from tradeXYZ: live order book, 3 min ago; StandX: 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, 3 min ago	0.39 bp	9.4 bp −$9	9.4 bp −$94	11.0 bp −$1,103	doesn't fit
Sell StandX live order book, 2 min ago	4.96 bp	9.0 bp −$9	10.9 bp −$109	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	−0.0413%	1h	90.480	+0.108%	$181K	$415K	15x	as long as short
Kraken Futures PF_WTIOILUSD	−0.0365%	1h	90.509	+0.141%	$270K	$1.0M	25x	as long as short
Aster CLUSD1	−0.0195%	4h	90.430	+0.053%	$24.4M	$61.3M	20x	as long as short
Binance CLUSDT	−0.0115%	4h	90.410	+0.031%	$244.6M	$1.04B	100x	as long as short
Variational Omni CL	−0.0100%	4h	90.468	+0.095%	$13.0M	$11.0M	—	as long as short
Bitget CLUSDT	−0.0098%	4h	90.413	+0.034%	$40.7M	$45.9M	100x	as long as short
Gate CL_USDT	−0.0095%	8h	90.330	−0.058%	$22.9M	$50.5M	100x	as long as short
tradeXYZ xyz:CLlong	−0.0067%	1h	90.382	long leg	$176.2M	$207.4M	20x
GRVT CL_USDT_Perp	−0.0066%	4h	90.468	+0.095%	$70K	$616K	25x	as long as short
Nado WTI-PERP	−0.0045%	1h	90.572	+0.210%	$936K	$614K	10x	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	−0.0042%	4h	90.410	+0.031%	$40.9M	$111.0M	50x	as long as short
Aftermath Perps WTIUSD	−0.0033%	1h	90.614	+0.256%	$1K	$27K	5x	as long as short
QFEX CL-USD	−0.0023%	1h	90.560	+0.197%	$2.2M	$2.9M	10x	as long as short
edgeX CLUSDC	−0.0014%	4h	90.409	+0.030%	$517K	$357K	30x	as long as short
gTrade (Gains Network) WTI/USD	L −0.0001% / S +0.0036%	1h	89.952	−0.476%	$1K	—	150x	as long as short
dYdX WTI-USD	0.0000%	1h	90.589	+0.229%	$8K	$3K	5x	as long as short
Bybit CLUSDT	0.0000%	8h	90.430	+0.053%	$26.5M	$91.4M	150x	as long as short
RISEx CL/USDC	0.0000%	1h	90.570	+0.209%	$2.9M	$2.9M	20x	as long as short
Bullet WTIOIL-USD	0.0000%	1h	90.488	+0.117%	$18K	$238K	10x	as long as short
Coinbase International WTIOIL-PERP-INTX	+0.0008%	1h	90.590	+0.230%	$408K	$1.0M	15x	as long as short
Phoenix WTIOIL	+0.0009%	1h	90.470	+0.097%	$36K	$36K	20x	as long as short
Paradex CL-USD-PERP	+0.0017%	8h	90.519	+0.152%	$15K	$367	5x	as long as short
Lighter WTI	+0.0032%	1h	90.438	+0.062%	$11.0M	$8.9M	20x	as long as short
Extended WTI-USD	+0.0032%	1h	90.440	+0.064%	$1.6M	$13.7M	10x	as long as short
Injective WTI/USDC PERP	+0.0033%	1h	102.13	+13.003%	$19K	$5K	30x	as long as short
Ondo Perps WTI-USD.P	+0.0036%	1h	90.520	+0.153%	$3.5M	$5.2M	20x	as long as short
StandX CL-USDshort	+0.0040%	1h	90.690	+0.341%	$705K	$2.8M	40x
Vest CL-PERP	+0.0046%	1h	90.520	+0.153%	—	$313K	10x	as long as short
Polymarket Perps WTIOIL-USD	+0.0050%	1h	90.513	+0.145%	$1.6M	$1.2M	20x	as long as short
SoDEX CL-USD	+0.0050%	1h	90.430	+0.053%	$2.0M	$82K	20x	as long as short
Pacifica CL	+0.0100%	1h	90.595	+0.236%	$334K	$573K	10x	as long as short
KuCoin CLUSDTM	+0.0100%	4h	90.416	+0.038%	$6.9M	$2.8M	50x	as long as short
ApeX Omni CLUSDT	+0.0100%	1h	90.490	+0.119%	$53K	$266K	50x	as long as short
Aevo WTIOIL-PERP	+0.0104%	1h	90.477	+0.105%	$4K	—	10x	as long as short
BloFin CL-USDT	+0.0197%	4h	90.400	+0.020%	$4.0M	$997K	50x	as long as short
GMX WTIOIL/USD [ETH-USDC]	L +0.0254% / S −0.0184%	1h	90.485	+0.114%	$84K	—	111x	as long as short