CL

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC+0.0106%/8h= +11.6% APRnext payment +$0.13 per $10,000 · paid last 24h +0.015%

Price spread now: RISEx against Coinbase International+0.346%7-day average +0.157% · 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−$4as in the Price arb table

costs, in and out, $10k−$230.231% of the position

Long on Coinbase International Short on RISEx

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)+0.259%+$26 on $10k

Price spread, last 3 days (all we have)−0.255%−$25 · spread now +0.346%, 7d avg +0.157%

Together, before fees+0.004%$0 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 0.189% dearer against Coinbase International than usual: you sell high and buy low: +$19 more if the spread goes back to its 7-day average of +0.157%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Coinbase International WTIOIL-PERP-INTX	92.750	−0.0040	get 0.0005% / 1h	50m 15s	$402K	$944K	15x
Short	RISEx CL/USDC	93.071	0.0066	get 0.0008% / 1h	50m 15s	$3.3M	$2.7M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

RISEx 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 RISExbpOrdersPrice spread, now +0.346%Rate

Funding earned: $22.26
Price spread: +0.346% → +0.157%: $18.93
Slippage, 4 orders: −$7.12
Fee Coinbase International: 5 bp × 2 orders: −$10
Fee RISEx: 3 bp × 2 orders: −$6
Net: $18.06
Costs to cover: 0.231%
Break-even: 1.3 days

Slippage from Coinbase International: live order book, 53 min ago; RISEx: 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 Coinbase International live order book, 53 min ago	2.16 bp	7.4 bp −$7	9.2 bp −$92	doesn't fit	doesn't fit
Sell RISEx live order book, 4 min ago	0.48 bp	3.5 bp −$3	4.7 bp −$47	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	−0.0611%	1h	92.870	+0.129%	$198K	$369K	15x	as long as short
Aster CLUSD1	−0.0237%	4h	92.940	+0.205%	$24.0M	$70.4M	20x	as long as short
GRVT CL_USDT_Perp	−0.0208%	4h	92.849	+0.107%	$61K	$633K	25x	as long as short
Binance CLUSDT	−0.0205%	4h	92.910	+0.173%	$244.7M	$959.0M	100x	as long as short
Variational Omni CL	−0.0200%	4h	92.927	+0.191%	$13.5M	$11.1M	—	as long as short
Nado WTI-PERP	−0.0120%	1h	92.995	+0.264%	$963K	$668K	10x	as long as short
Ondo Perps WTI-USD.P	−0.0098%	1h	92.910	+0.173%	$3.5M	$5.7M	20x	as long as short
Gate CL_USDT	−0.0092%	8h	92.860	+0.119%	$20.9M	$52.2M	100x	as long as short
tradeXYZ xyz:CL	−0.0044%	1h	92.923	+0.187%	$184.8M	$218.5M	20x	as long as short
Coinbase International WTIOIL-PERP-INTXlong	−0.0040%	1h	92.750	long leg	$402K	$944K	15x

Show all 35 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
QFEX CL-USD	−0.0032%	1h	92.920	+0.183%	$2.5M	$1.7M	10x	as long as short
Aftermath Perps WTIUSD	−0.0017%	1h	92.922	+0.185%	$2K	$28K	5x	as long as short
OKX CL-USDT-SWAP	−0.0008%	4h	92.910	+0.173%	$42.8M	$102.5M	50x	as long as short
edgeX CLUSDC	−0.0008%	4h	92.823	+0.078%	$529K	$302K	30x	as long as short
dYdX WTI-USD	0.0000%	1h	92.998	+0.268%	$8K	$3K	5x	as long as short
Bybit CLUSDT	0.0000%	8h	92.950	+0.216%	$26.9M	$81.1M	150x	as long as short
Bitget CLUSDT	0.0000%	4h	92.907	+0.169%	$41.9M	$43.4M	100x	as long as short
Phoenix WTIOIL	0.0000%	1h	92.880	+0.140%	$37K	$42K	20x	as long as short
Bullet WTIOIL-USD	0.0000%	1h	92.925	+0.189%	$18K	$241K	10x	as long as short
gTrade (Gains Network) WTI/USD	L 0.0000% / S +0.0036%	1h	92.471	−0.301%	$5K	—	150x	as long as short
Lighter WTI	+0.0024%	1h	92.944	+0.209%	$11.2M	$10.3M	20x	as long as short
Extended WTI-USD	+0.0032%	1h	92.950	+0.216%	$2.1M	$23.4M	10x	as long as short
Paradex CL-USD-PERP	+0.0036%	8h	92.929	+0.192%	$16K	$367	5x	as long as short
StandX CL-USD	+0.0040%	1h	92.470	−0.302%	$727K	$2.9M	40x	as long as short
Vest CL-PERP	+0.0046%	1h	92.940	+0.205%	—	$310K	10x	as long as short
Polymarket Perps WTIOIL-USD	+0.0050%	1h	92.944	+0.209%	$1.6M	$1.3M	20x	as long as short
SoDEX CL-USD	+0.0050%	1h	92.913	+0.176%	$2.1M	$61K	20x	as long as short
RISEx CL/USDCshort	+0.0066%	1h	93.071	+0.346%	$3.3M	$2.7M	20x
KuCoin CLUSDTM	+0.0078%	4h	92.945	+0.210%	$7.3M	$2.3M	50x	as long as short
Pacifica CL	+0.0100%	1h	92.947	+0.213%	$332K	$618K	10x	as long as short
ApeX Omni CLUSDT	+0.0100%	1h	92.940	+0.205%	$56K	$266K	50x	as long as short
Aevo WTIOIL-PERP	+0.0104%	1h	92.890	+0.151%	$4K	—	10x	as long as short
Kraken Futures PF_WTIOILUSD	+0.0105%	1h	92.917	+0.180%	$273K	$882K	25x	as long as short
GMX WTIOIL/USD [ETH-USDC]	L +0.0207% / S −0.0131%	1h	92.905	+0.167%	$78K	—	111x	as long as short
Injective WTI/USDC PERP	+0.0220%	1h	102.15	+10.132%	$19K	$11K	30x	as long as short