CL

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC+0.0718%/8h= +78.7% APRnext payment +$0.90 per $10,000 · paid last 24h +0.088%

Price spread now: Injective against Deribit+10.002%7-day average — · you sell dearer than you buy

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

Long on Deribit 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 +$22 a day on $10k at the current rate, and Injective is 10.002% dearer against Deribit than usual: you sell high and buy low: +$1,000 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	Deribit WTIOIL_USDC-PERPETUAL	93.470	−0.0498	get 0.0062% / 1h	15m 04s	$196K	$385K	15x
Short	Injective WTI/USDC PERP	102.82	0.0220	get 0.0028% / 1h	15m 04s	$19K	$11K	30x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Injective against Deribit. 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 DeribitbpFee InjectivebpOrdersPrice spread, now +10.002%Rate

Funding earned: $150.85
Price spread: +10.002% → 0.000%: $1,000.21
Slippage, 4 orders: no order book: not counted
Fee Deribit: 3.5 bp × 2 orders: −$7
Fee Injective: 0.01 bp × 2 orders: −$0.02
Net: $1,144.05
Costs to cover: 0.070%
Break-even: from the start

Slippage unknown: Deribit: live order book, 29 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 Deribit live order book, 29 min ago	0.53 bp	6.2 bp −$6	8.6 bp −$86	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-PERPETUALlong	−0.0498%	1h	93.470	long leg	$196K	$385K	15x
Aster CLUSD1	−0.0285%	4h	93.540	+0.075%	$24.6M	$65.6M	20x	as long as short
GRVT CL_USDT_Perp	−0.0278%	4h	93.509	+0.042%	$58K	$618K	25x	as long as short
Binance CLUSDT	−0.0153%	4h	93.501	+0.033%	$247.5M	$918.2M	100x	as long as short
Variational Omni CL	−0.0143%	4h	93.519	+0.052%	$13.3M	$10.7M	—	as long as short
Aftermath Perps WTIUSD	−0.0138%	1h	93.575	+0.112%	$2K	$26K	5x	as long as short
Kraken Futures PF_WTIOILUSD	−0.0137%	1h	93.514	+0.047%	$281K	$961K	25x	as long as short
Ondo Perps WTI-USD.P	−0.0134%	1h	93.470	0.000%	$3.5M	$5.3M	20x	as long as short
Gate CL_USDT	−0.0120%	8h	93.430	−0.043%	$22.6M	$50.1M	100x	as long as short
Bitget CLUSDT	−0.0116%	4h	93.498	+0.030%	$42.3M	$42.2M	100x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
tradeXYZ xyz:CL	−0.0080%	1h	93.501	+0.033%	$184.8M	$205.2M	20x	as long as short
Nado WTI-PERP	−0.0057%	1h	93.571	+0.108%	$965K	$619K	10x	as long as short
OKX CL-USDT-SWAP	−0.0039%	4h	93.480	+0.011%	$42.8M	$101.9M	50x	as long as short
edgeX CLUSDC	−0.0035%	4h	93.575	+0.112%	$526K	$306K	30x	as long as short
QFEX CL-USD	−0.0023%	1h	93.490	+0.021%	$2.3M	$2.4M	10x	as long as short
Coinbase International WTIOIL-PERP-INTX	−0.0008%	1h	93.540	+0.075%	$405K	$917K	15x	as long as short
dYdX WTI-USD	0.0000%	1h	93.562	+0.099%	$8K	$3K	5x	as long as short
Bybit CLUSDT	0.0000%	8h	93.510	+0.043%	$26.8M	$79.2M	150x	as long as short
RISEx CL/USDC	0.0000%	1h	93.538	+0.072%	$3.0M	$2.9M	20x	as long as short
Phoenix WTIOIL	0.0000%	1h	93.630	+0.171%	$37K	$39K	20x	as long as short
Bullet WTIOIL-USD	0.0000%	1h	93.508	+0.041%	$19K	$240K	10x	as long as short
gTrade (Gains Network) WTI/USD	L 0.0000% / S +0.0036%	1h	93.057	−0.442%	$5K	—	150x	as long as short
Lighter WTI	+0.0008%	1h	93.511	+0.044%	$11.3M	$9.7M	20x	as long as short
Paradex CL-USD-PERP	+0.0015%	8h	93.500	+0.033%	$16K	$367	5x	as long as short
Extended WTI-USD	+0.0032%	1h	93.550	+0.086%	$2.0M	$15.2M	10x	as long as short
StandX CL-USD	+0.0040%	1h	93.620	+0.160%	$742K	$2.8M	40x	as long as short
Vest CL-PERP	+0.0046%	1h	93.520	+0.053%	—	$313K	10x	as long as short
Polymarket Perps WTIOIL-USD	+0.0050%	1h	93.487	+0.018%	$1.7M	$1.3M	20x	as long as short
SoDEX CL-USD	+0.0050%	1h	93.502	+0.034%	$2.1M	$60K	20x	as long as short
Pacifica CL	+0.0100%	1h	93.507	+0.040%	$333K	$573K	10x	as long as short
KuCoin CLUSDTM	+0.0100%	4h	93.569	+0.106%	$7.1M	$2.4M	50x	as long as short
ApeX Omni CLUSDT	+0.0100%	1h	93.570	+0.107%	$54K	$266K	50x	as long as short
Aevo WTIOIL-PERP	+0.0104%	1h	93.480	+0.011%	$4K	—	10x	as long as short
BloFin CL-USDT	+0.0203%	4h	93.530	+0.064%	$4.0M	$970K	50x	as long as short
Injective WTI/USDC PERPshort	+0.0220%	1h	102.82	+10.002%	$19K	$11K	30x
GMX WTIOIL/USD [ETH-USDC]	L +0.0248% / S −0.0182%	1h	93.505	+0.037%	$84K	—	111x	as long as short