CL

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0042%/8h= +4.6% APRnext payment +$0.05 per $10,000 · paid last 24h +0.007%

Price spread now: SoDEX against Extended−0.072%7-day average −0.008% · 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−$54as in the Price arb table

costs, in and out, $10k−$480.475% of the position

Long on Extended Short on SoDEX

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.131%−$13 on $10k

Price spread, last 4 days (all we have)+0.039%+$4 · spread now −0.072%, 7d avg −0.008%

Together, before fees−0.092%+ Points / potential airdropExtended: Active · farm board−$9 on $10k · with fees, hour by hour

Funding pays, the price is against you. SoDEX is 0.064% cheaper against Extended than usual: you would sell low and buy high (spread −0.072% now, against its 7-day average of −0.008%). If the spread goes back, that is −$6 on $10k: about 5.1 days of funding at the current rate (+$1 a day). Mind the row above: over the last 3 days funding on this pair cost −0.131%, so the current rate has only just turned in your favour.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Extended WTI-USD	93.140	0.0008	pay 0.0001% / 1h	33m 44s	$1.7M	$15.1M	10x
Short	SoDEX CL-USD	93.073	0.0050	get 0.0006% / 1h	33m 44s	$2.1M	$60K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SoDEX against Extended. 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 ExtendedbpFee SoDEXbpOrdersPrice spread, now −0.072%Rate

Funding earned: $8.82
Price spread: −0.072% → −0.008%: −$6.36
Slippage, 4 orders: −$34.51
Fee Extended: 2.5 bp × 2 orders: −$5
Fee SoDEX: 4 bp × 2 orders: −$8
Net: −$45.05
Costs to cover: 0.475%
Break-even: 42.8 days

Slippage from Extended: live order book, 5 min ago; SoDEX: live order book, 5 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 Extended live order book, 5 min ago	1.55 bp	4.5 bp −$4	6.1 bp −$61	21.4 bp −$2,145	doesn't fit
Sell SoDEX live order book, 5 min ago	0.54 bp	18.8 bp −$19	97.1 bp −$971	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	−0.0609%	1h	93.020	−0.129%	$194K	$394K	15x	as long as short
Aster CLUSD1	−0.0288%	4h	93.110	−0.032%	$24.7M	$64.6M	20x	as long as short
GRVT CL_USDT_Perp	−0.0272%	4h	93.210	+0.075%	$75K	$636K	25x	as long as short
Kraken Futures PF_WTIOILUSD	−0.0210%	1h	93.058	−0.088%	$274K	$939K	25x	as long as short
Binance CLUSDT	−0.0161%	4h	93.090	−0.054%	$247.2M	$922.3M	100x	as long as short
Variational Omni CL	−0.0143%	4h	93.137	−0.003%	$13.4M	$10.6M	—	as long as short
Gate CL_USDT	−0.0128%	8h	93.030	−0.118%	$22.9M	$49.2M	100x	as long as short
Bitget CLUSDT	−0.0124%	4h	93.078	−0.067%	$42.3M	$41.7M	100x	as long as short
Aftermath Perps WTIUSD	−0.0110%	1h	93.202	+0.066%	$2K	$27K	5x	as long as short
Nado WTI-PERP	−0.0095%	1h	93.150	+0.010%	$954K	$623K	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	−0.0074%	4h	93.070	−0.075%	$42.7M	$102.9M	50x	as long as short
edgeX CLUSDC	−0.0057%	4h	93.176	+0.039%	$524K	$305K	30x	as long as short
QFEX CL-USD	−0.0038%	1h	93.080	−0.064%	$2.3M	$2.5M	10x	as long as short
tradeXYZ xyz:CL	−0.0037%	1h	93.090	−0.054%	$184.0M	$199.7M	20x	as long as short
Ondo Perps WTI-USD.P	−0.0022%	1h	93.010	−0.140%	$3.6M	$5.3M	20x	as long as short
Lighter WTI	−0.0016%	1h	93.085	−0.059%	$11.2M	$9.2M	20x	as long as short
Coinbase International WTIOIL-PERP-INTX	−0.0016%	1h	93.540	+0.429%	$405K	$810K	15x	as long as short
Paradex CL-USD-PERP	−0.0005%	8h	93.062	−0.083%	$16K	$367	5x	as long as short
dYdX WTI-USD	0.0000%	1h	93.085	−0.059%	$8K	$3K	5x	as long as short
Bybit CLUSDT	0.0000%	8h	93.100	−0.043%	$26.7M	$79.1M	150x	as long as short
RISEx CL/USDC	0.0000%	1h	93.123	−0.018%	$3.0M	$2.8M	20x	as long as short
Phoenix WTIOIL	0.0000%	1h	93.290	+0.161%	$37K	$40K	20x	as long as short
Bullet WTIOIL-USD	0.0000%	1h	93.058	−0.088%	$18K	$239K	10x	as long as short
gTrade (Gains Network) WTI/USD	L 0.0000% / S +0.0036%	1h	92.615	−0.564%	$5K	—	150x	as long as short
Extended WTI-USDlong	+0.0008%	1h	93.140	long leg	$1.7M	$15.1M	10x
StandX CL-USD	+0.0040%	1h	93.150	+0.011%	$738K	$2.8M	40x	as long as short
Vest CL-PERP	+0.0046%	1h	93.080	−0.064%	—	$313K	10x	as long as short
Polymarket Perps WTIOIL-USD	+0.0050%	1h	93.042	−0.105%	$1.7M	$1.3M	20x	as long as short
SoDEX CL-USDshort	+0.0050%	1h	93.073	−0.072%	$2.1M	$60K	20x
Pacifica CL	+0.0100%	1h	93.090	−0.054%	$347K	$593K	10x	as long as short
KuCoin CLUSDTM	+0.0100%	4h	93.105	−0.038%	$7.1M	$2.4M	50x	as long as short
ApeX Omni CLUSDT	+0.0100%	1h	93.170	+0.032%	$54K	$266K	50x	as long as short
Aevo WTIOIL-PERP	+0.0104%	1h	93.025	−0.123%	$4K	—	10x	as long as short
BloFin CL-USDT	+0.0171%	4h	93.100	−0.043%	$4.0M	$982K	50x	as long as short
Injective WTI/USDC PERP	+0.0220%	1h	102.45	+9.996%	$19K	$11K	30x	as long as short
GMX WTIOIL/USD [ETH-USDC]	L +0.0244% / S −0.0169%	1h	93.095	−0.048%	$78K	—	111x	as long as short