CL

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC+0.0260%/8h= +28.5% APRnext payment +$0.33 per $10,000 · paid last 24h +0.042%

Price spread now: Injective against Coinbase International+9.781%7-day average — · you sell dearer than you buy

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

Long on Coinbase International Short on Injective

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)—no history yet

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

Together, before fees—needs both histories

Both sides work for this trade now. Funding pays +$8 a day on $10k at the current rate, and Injective is 9.781% dearer against Coinbase International than usual: you sell high and buy low: +$978 more if the spread goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Coinbase International WTIOIL-PERP-INTX	93.500	−0.0040	get 0.0005% / 1h	4m 40s	$404K	$931K	15x
Short	Injective WTI/USDC PERP	102.64	0.0220	get 0.0028% / 1h	4m 40s	$19K	$11K	30x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Injective against Coinbase International. 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 Coinbase InternationalbpFee InjectivebpOrdersPrice spread, now +9.781%Rate

Funding earned: $54.6
Price spread: +9.781% → 0.000%: $978.07
Slippage, 4 orders: no order book: not counted
Fee Coinbase International: 5 bp × 2 orders: −$10
Fee Injective: 0.01 bp × 2 orders: −$0.02
Net: $1,022.65
Costs to cover: 0.100%
Break-even: from the start

Slippage unknown: Coinbase International: live order book, 19 min ago; Injective: 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 Coinbase International live order book, 19 min ago	1.61 bp	8.6 bp −$9	11.0 bp −$110	doesn't fit	doesn't fit
Sell Injective no order-book sample	—	—	—	—	—

Injective: 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	−0.0392%	1h	93.350	−0.160%	$196K	$377K	15x	as long as short
Aster CLUSD1	−0.0274%	4h	93.432	−0.073%	$24.4M	$64.5M	20x	as long as short
GRVT CL_USDT_Perp	−0.0274%	4h	93.368	−0.142%	$58K	$629K	25x	as long as short
Kraken Futures PF_WTIOILUSD	−0.0204%	1h	93.384	−0.124%	$285K	$959K	25x	as long as short
Binance CLUSDT	−0.0169%	4h	93.420	−0.086%	$246.3M	$931.1M	100x	as long as short
Variational Omni CL	−0.0163%	4h	93.349	−0.162%	$13.4M	$10.9M	—	as long as short
Aftermath Perps WTIUSD	−0.0149%	1h	93.432	−0.073%	$2K	$26K	5x	as long as short
Bitget CLUSDT	−0.0120%	4h	93.407	−0.099%	$42.1M	$42.7M	100x	as long as short
Nado WTI-PERP	−0.0105%	1h	93.458	−0.045%	$971K	$630K	10x	as long as short
Gate CL_USDT	−0.0083%	8h	93.340	−0.171%	$22.0M	$50.4M	100x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Ondo Perps WTI-USD.P	−0.0077%	1h	93.310	−0.203%	$3.5M	$5.4M	20x	as long as short
tradeXYZ xyz:CL	−0.0075%	1h	93.401	−0.106%	$184.8M	$212.3M	20x	as long as short
Coinbase International WTIOIL-PERP-INTXlong	−0.0040%	1h	93.500	long leg	$404K	$931K	15x
OKX CL-USDT-SWAP	−0.0037%	4h	93.400	−0.107%	$42.6M	$101.9M	50x	as long as short
QFEX CL-USD	−0.0032%	1h	93.400	−0.107%	$2.3M	$2.5M	10x	as long as short
edgeX CLUSDC	−0.0001%	4h	93.375	−0.133%	$525K	$306K	30x	as long as short
dYdX WTI-USD	0.0000%	1h	93.405	−0.101%	$8K	$3K	5x	as long as short
Bybit CLUSDT	0.0000%	8h	93.424	−0.081%	$27.0M	$79.5M	150x	as long as short
RISEx CL/USDC	0.0000%	1h	93.463	−0.039%	$3.1M	$2.9M	20x	as long as short
Phoenix WTIOIL	0.0000%	1h	93.540	+0.043%	$38K	$41K	20x	as long as short
Bullet WTIOIL-USD	0.0000%	1h	93.363	−0.147%	$18K	$240K	10x	as long as short
gTrade (Gains Network) WTI/USD	L 0.0000% / S +0.0036%	1h	92.916	−0.625%	$5K	—	150x	as long as short
Paradex CL-USD-PERP	+0.0021%	8h	93.393	−0.114%	$16K	$367	5x	as long as short
Lighter WTI	+0.0024%	1h	93.409	−0.097%	$11.2M	$9.9M	20x	as long as short
Extended WTI-USD	+0.0032%	1h	93.445	−0.059%	$2.0M	$16.7M	10x	as long as short
StandX CL-USD	+0.0040%	1h	93.410	−0.096%	$739K	$2.8M	40x	as long as short
Vest CL-PERP	+0.0046%	1h	93.360	−0.150%	—	$313K	10x	as long as short
Pacifica CL	+0.0047%	1h	93.407	−0.099%	$332K	$577K	10x	as long as short
Polymarket Perps WTIOIL-USD	+0.0050%	1h	93.347	−0.164%	$1.7M	$1.3M	20x	as long as short
SoDEX CL-USD	+0.0050%	1h	93.371	−0.138%	$2.1M	$60K	20x	as long as short
KuCoin CLUSDTM	+0.0098%	4h	93.433	−0.072%	$7.1M	$2.4M	50x	as long as short
ApeX Omni CLUSDT	+0.0100%	1h	93.460	−0.043%	$54K	$266K	50x	as long as short
Aevo WTIOIL-PERP	+0.0104%	1h	93.342	−0.169%	$4K	—	10x	as long as short
BloFin CL-USDT	+0.0202%	4h	93.370	−0.139%	$4.0M	$988K	50x	as long as short
Injective WTI/USDC PERPshort	+0.0220%	1h	102.64	+9.781%	$19K	$11K	30x
GMX WTIOIL/USD [ETH-USDC]	L +0.0240% / S −0.0174%	1h	93.365	−0.144%	$84K	—	111x	as long as short