CL

Alert: funding

Alert: spread

Funding you earn now, next payment 10:00 UTC+0.0128%/8h= +14.0% APRnext payment +$0.16 per $10,000 · paid last 24h +0.001%

Price spread now: StandX against Extended+0.242%50s7-day average −0.007% · you sell dearer than you buy

Net, funding: paid 7d − costs−$34as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$290.291% of the position

Long on Extended Short on StandX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.045%−$5 on $10k

Price spread, last 7 days−0.197%−$20 · spread now +0.242%, 7d avg −0.007%

Together, before fees−0.242%+ Points / potential airdropExtended: Active · StandX: Active · farm board−$24 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and StandX is 0.250% dearer against Extended than usual: you sell high and buy low: +$25 more if the spread goes back to its 7-day average of −0.007%. The two prices were read 50 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Extended WTI-USD	90.750	−0.0088	get 0.0011% / 1h	16m 45s	$1.4M	$13.7M	10x
Short	StandX CL-USD	90.970	0.0040	get 0.0005% / 1h	16m 45s	$708K	$2.8M	40x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

StandX 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 StandXbpOrdersPrice spread, now +0.242%Rate

Funding earned: $26.88
Price spread: +0.242% → −0.007%: $24.99
Slippage, 4 orders: −$16.07
Fee Extended: 2.5 bp × 2 orders: −$5
Fee StandX: 4 bp × 2 orders: −$8
Net: $22.8
Costs to cover: 0.291%
Break-even: 1.1 days

Slippage from Extended: live order book, 5 min ago; StandX: 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	0.11 bp	4.1 bp −$4	8.9 bp −$89	22.5 bp −$2,249	doesn't fit
Sell StandX live order book, 5 min ago	7.15 bp	11.2 bp −$11	12.7 bp −$127	doesn't fit	doesn't fit

CL on 36 exchanges

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	−0.0410%	1h	90.810	+0.066%	$182K	$429K	15x	as long as short
Kraken Futures PF_WTIOILUSD	−0.0364%	1h	90.831	+0.089%	$305K	$1.3M	25x	as long as short
Aster CLUSD1	−0.0169%	4h	90.800	+0.055%	$24.6M	$65.8M	20x	as long as short
Binance CLUSDT	−0.0112%	4h	90.770	+0.022%	$246.0M	$1.09B	100x	as long as short
Bitget CLUSDT	−0.0112%	4h	90.736	−0.015%	$41.2M	$48.8M	100x	as long as short
Extended WTI-USDlong	−0.0088%	1h	90.750	long leg	$1.4M	$13.7M	10x
Variational Omni CL	−0.0084%	4h	90.906	+0.172%	$12.9M	$11.1M	—	as long as short
Nado WTI-PERP	−0.0081%	1h	90.891	+0.155%	$914K	$652K	10x	as long as short
Gate CL_USDT	−0.0072%	8h	90.690	−0.066%	$23.1M	$53.7M	100x	as long as short
Ondo Perps WTI-USD.P	−0.0071%	1h	90.680	−0.077%	$3.5M	$5.7M	20x	as long as short

Show all 36 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
tradeXYZ xyz:CL	−0.0059%	1h	90.737	−0.014%	$176.1M	$209.5M	20x	as long as short
GRVT CL_USDT_Perp	−0.0040%	4h	90.943	+0.213%	$70K	$616K	25x	as long as short
Aftermath Perps WTIUSD	−0.0033%	1h	90.965	+0.237%	$2K	$27K	5x	as long as short
OKX CL-USDT-SWAP	−0.0024%	4h	90.740	−0.011%	$40.9M	$117.9M	50x	as long as short
QFEX CL-USD	−0.0023%	1h	90.850	+0.110%	$2.2M	$3.0M	10x	as long as short
edgeX CLUSDC	−0.0004%	4h	90.918	+0.185%	$508K	$379K	30x	as long as short
gTrade (Gains Network) WTI/USD	L −0.0001% / S +0.0036%	1h	90.422	−0.361%	$1K	—	150x	as long as short
dYdX WTI-USD	0.0000%	1h	90.794	+0.049%	$8K	$3K	5x	as long as short
Bybit CLUSDT	0.0000%	8h	90.755	+0.006%	$26.9M	$95.8M	150x	as long as short
RISEx CL/USDC	0.0000%	1h	90.750	0.000%	$2.9M	$3.0M	20x	as long as short
Bullet WTIOIL-USD	0.0000%	1h	90.844	+0.104%	$17K	$237K	10x	as long as short
Coinbase International WTIOIL-PERP-INTX	+0.0008%	1h	90.880	+0.143%	$424K	$1.1M	15x	as long as short
Paradex CL-USD-PERP	+0.0015%	8h	90.733	−0.018%	$15K	$367	5x	as long as short
Lighter WTI	+0.0016%	1h	90.739	−0.012%	$11.1M	$9.5M	20x	as long as short
Injective WTI/USDC PERP	+0.0033%	1h	100.27	+10.488%	$19K	$5K	30x	as long as short
StandX CL-USDshort	+0.0040%	1h	90.970	+0.242%	$708K	$2.8M	40x
Vest CL-PERP	+0.0046%	1h	90.850	+0.110%	—	$313K	10x	as long as short
Polymarket Perps WTIOIL-USD	+0.0050%	1h	90.834	+0.093%	$1.6M	$1.3M	20x	as long as short
SoDEX CL-USD	+0.0050%	1h	90.834	+0.093%	$2.0M	$81K	20x	as long as short
Phoenix WTIOIL	+0.0053%	1h	90.890	+0.154%	$36K	$37K	20x	as long as short
Pacifica CL	+0.0100%	1h	90.761	+0.012%	$313K	$709K	10x	as long as short
KuCoin CLUSDTM	+0.0100%	4h	90.776	+0.029%	$6.8M	$2.8M	50x	as long as short
ApeX Omni CLUSDT	+0.0100%	1h	90.960	+0.231%	$53K	$266K	50x	as long as short
Aevo WTIOIL-PERP	+0.0104%	1h	90.806	+0.062%	$4K	—	10x	as long as short
BloFin CL-USDT	+0.0215%	4h	90.860	+0.121%	$3.9M	$1.0M	50x	as long as short
GMX WTIOIL/USD [ETH-USDC]	L +0.0250% / S −0.0172%	1h	90.925	+0.193%	$81K	—	111x	as long as short