CL

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC+0.0050%/8h= +5.5% APRnext payment +$0.06 per $10,000 · paid last 24h +0.016%

Price spread now: SoDEX against Bullet−0.008%7-day average −0.019% · 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−$50as in the Price arb table

costs, in and out, $10k−$510.506% of the position

Long on Bullet Short on SoDEX

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.046%+$5 on $10k

Price spread, last 3 days (all we have)−0.080%−$8 · spread now −0.008%, 7d avg −0.019%

Together, before fees−0.033%−$3 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.019%, so right now this pair is about funding alone: +$2 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bullet WTIOIL-USD	92.257	0	get 0.0000% / 1h	45m 18s	$19K	$241K	10x
Short	SoDEX CL-USD	92.250	0.0050	get 0.0006% / 1h	45m 18s	$2.0M	$39K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SoDEX against Bullet. 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 BulletbpFee SoDEXbpOrdersPrice spread, now −0.008%Rate

Funding earned: $10.5
Price spread: −0.008% → −0.019%: $1.05
Slippage, 4 orders: −$34.61
Fee Bullet: 4 bp × 2 orders: −$8
Fee SoDEX: 4 bp × 2 orders: −$8
Net: −$39.06
Costs to cover: 0.506%
Break-even: 33.0 days

Slippage from Bullet: live order book, 29 min ago; SoDEX: live order book, 4 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 Bullet live order book, 29 min ago	0.54 bp	6.3 bp −$6	17.2 bp −$172	doesn't fit	doesn't fit
Sell SoDEX live order book, 4 min ago	0.54 bp	18.9 bp −$19	85.2 bp −$852	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
GRVT CL_USDT_Perp	−0.0532%	4h	92.209	−0.053%	$58K	$693K	25x	as long as short
Aster CLUSD1	−0.0325%	4h	92.280	+0.024%	$23.9M	$80.4M	20x	as long as short
Binance CLUSDT	−0.0256%	4h	92.261	+0.004%	$244.9M	$1.08B	100x	as long as short
Gate CL_USDT	−0.0253%	8h	92.190	−0.073%	$21.3M	$54.5M	100x	as long as short
Variational Omni CL	−0.0246%	4h	92.241	−0.018%	$13.2M	$12.2M	—	as long as short
Kraken Futures PF_WTIOILUSD	−0.0120%	1h	92.285	+0.030%	$273K	$1.1M	25x	as long as short
Nado WTI-PERP	−0.0099%	1h	92.299	+0.045%	$925K	$733K	10x	as long as short
Ondo Perps WTI-USD.P	−0.0079%	1h	92.210	−0.051%	$3.5M	$6.2M	20x	as long as short
Deribit WTIOIL_USDC-PERPETUAL	−0.0075%	1h	92.260	+0.003%	$96K	$189K	15x	as long as short
tradeXYZ xyz:CL	−0.0040%	1h	92.264	+0.007%	$186.2M	$261.8M	20x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Coinbase International WTIOIL-PERP-INTX	−0.0040%	1h	92.030	−0.247%	$399K	$960K	15x	as long as short
QFEX CL-USD	−0.0040%	1h	92.240	−0.019%	$2.4M	$2.2M	10x	as long as short
Paradex CL-USD-PERP	−0.0029%	8h	92.233	−0.027%	$15K	$367	5x	as long as short
Lighter WTI	−0.0024%	1h	92.251	−0.007%	$11.2M	$10.0M	20x	as long as short
Bybit CLUSDT	−0.0023%	8h	92.266	+0.009%	$26.1M	$93.6M	150x	as long as short
dYdX WTI-USD	0.0000%	1h	92.235	−0.024%	$8K	$3K	5x	as long as short
OKX CL-USDT-SWAP	0.0000%	4h	92.230	−0.030%	$42.9M	$111.2M	50x	as long as short
RISEx CL/USDC	0.0000%	1h	92.362	+0.114%	$3.3M	$2.7M	20x	as long as short
Bitget CLUSDT	0.0000%	4h	92.256	−0.002%	$42.0M	$51.3M	100x	as long as short
Phoenix WTIOIL	0.0000%	1h	92.210	−0.051%	$37K	$66K	20x	as long as short
Bullet WTIOIL-USDlong	0.0000%	1h	92.257	long leg	$19K	$241K	10x
gTrade (Gains Network) WTI/USD	L 0.0000% / S +0.0036%	1h	91.813	−0.482%	$5K	—	150x	as long as short
edgeX CLUSDC	+0.0020%	4h	92.197	−0.066%	$530K	$307K	30x	as long as short
Extended WTI-USD	+0.0032%	1h	92.290	+0.035%	$2.1M	$27.0M	10x	as long as short
StandX CL-USD	+0.0040%	1h	92.230	−0.030%	$721K	$3.1M	40x	as long as short
Vest CL-PERP	+0.0046%	1h	92.290	+0.035%	—	$310K	10x	as long as short
Polymarket Perps WTIOIL-USD	+0.0050%	1h	92.265	+0.008%	$1.6M	$1.4M	20x	as long as short
SoDEX CL-USDshort	+0.0050%	1h	92.250	−0.008%	$2.0M	$39K	20x
Pacifica CL	+0.0100%	1h	92.259	+0.002%	$353K	$596K	10x	as long as short
KuCoin CLUSDTM	+0.0100%	4h	92.275	+0.019%	$7.2M	$2.3M	50x	as long as short
ApeX Omni CLUSDT	+0.0100%	1h	92.250	−0.008%	$56K	$265K	50x	as long as short
Aevo WTIOIL-PERP	+0.0104%	1h	92.219	−0.041%	$4K	—	10x	as long as short
GMX WTIOIL/USD [ETH-USDC]	L +0.0206% / S −0.0131%	1h	92.255	−0.003%	$78K	—	111x	as long as short
Injective WTI/USDC PERP	+0.0220%	1h	101.38	+9.890%	$19K	$11K	30x	as long as short
BloFin CL-USDT	+0.0240%	4h	92.240	−0.019%	$4.0M	$1.4M	50x	as long as short
Aftermath Perps WTIUSD	+0.0385%	1h	92.230	−0.030%	$2K	$29K	5x	as long as short