CL

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC−0.0024%/8h= −2.6% APRnext payment −$0.03 per $10,000 · paid last 24h −0.001%

Price spread now: Lighter against gTrade (Gains Network)+0.477%7-day average — · you sell dearer than you buy

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

Long on gTrade (Gains Network)Short on Lighter

What this pair did over the last

the charts below follow

Funding, last 1 day (all we have)—no history yet

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

Together, before fees—+ Points / potential airdropLighter: Season 3 · farm boardneeds both histories

The price spread pays, funding is against you. Lighter is 0.477% dearer against gTrade (Gains Network) than usual: you sell high and buy low (spread +0.477% now, against zero (this spread has no 7-day history yet)): +$48 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 2 months.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	gTrade (Gains Network) WTI/USD	91.813	L 0.0000% / S +0.0036%	pay 0.0000% / 1h	45m 18s	$5K	—	150x
Short	Lighter WTI	92.251	−0.0024	pay 0.0003% / 1h	45m 18s	$11.2M	$10.0M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Lighter against gTrade (Gains Network). 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 gTrade (Gains Network)bpFee LighterbpOrdersPrice spread, now +0.477%Rate

Funding earned: −$5.07
Price spread: +0.477% → 0.000%: $47.71
Slippage, 4 orders: no order book: not counted
Fee gTrade (Gains Network): 4 bp × 2 orders: −$8
Fee Lighter: 0 bp × 2 orders: $0
Net: $34.63
Costs to cover: 0.080%
Break-even: from the start

Slippage unknown: gTrade (Gains Network): no order-book sample; Lighter: live order book, 3 min ago. 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 gTrade (Gains Network) no order-book sample	—	—	—	—	—
Sell Lighter live order book, 3 min ago	0.32 bp	0.3 bp $0	0.4 bp −$4	8.6 bp −$864	29.6 bp −$14.8K

gTrade (Gains Network): 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
GRVT CL_USDT_Perp	−0.0532%	4h	92.209	+0.431%	$58K	$693K	25x	as long as short
Aster CLUSD1	−0.0325%	4h	92.280	+0.509%	$23.9M	$80.4M	20x	as long as short
Binance CLUSDT	−0.0256%	4h	92.261	+0.488%	$244.9M	$1.08B	100x	as long as short
Gate CL_USDT	−0.0253%	8h	92.190	+0.411%	$21.3M	$54.5M	100x	as long as short
Variational Omni CL	−0.0246%	4h	92.241	+0.466%	$13.2M	$12.2M	—	as long as short
Kraken Futures PF_WTIOILUSD	−0.0120%	1h	92.285	+0.514%	$273K	$1.1M	25x	as long as short
Nado WTI-PERP	−0.0099%	1h	92.299	+0.529%	$925K	$733K	10x	as long as short
Ondo Perps WTI-USD.P	−0.0079%	1h	92.210	+0.432%	$3.5M	$6.2M	20x	as long as short
Deribit WTIOIL_USDC-PERPETUAL	−0.0075%	1h	92.260	+0.487%	$96K	$189K	15x	as long as short
tradeXYZ xyz:CL	−0.0040%	1h	92.264	+0.491%	$186.2M	$261.8M	20x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Coinbase International WTIOIL-PERP-INTX	−0.0040%	1h	92.030	+0.236%	$399K	$960K	15x	as long as short
QFEX CL-USD	−0.0040%	1h	92.240	+0.465%	$2.4M	$2.2M	10x	as long as short
Paradex CL-USD-PERP	−0.0029%	8h	92.233	+0.457%	$15K	$367	5x	as long as short
Lighter WTIshort	−0.0024%	1h	92.251	+0.477%	$11.2M	$10.0M	20x
Bybit CLUSDT	−0.0023%	8h	92.266	+0.493%	$26.1M	$93.6M	150x	as long as short
dYdX WTI-USD	0.0000%	1h	92.235	+0.460%	$8K	$3K	5x	as long as short
OKX CL-USDT-SWAP	0.0000%	4h	92.230	+0.454%	$42.9M	$111.2M	50x	as long as short
RISEx CL/USDC	0.0000%	1h	92.362	+0.598%	$3.3M	$2.7M	20x	as long as short
Bitget CLUSDT	0.0000%	4h	92.256	+0.483%	$42.0M	$51.3M	100x	as long as short
Phoenix WTIOIL	0.0000%	1h	92.210	+0.432%	$37K	$66K	20x	as long as short
Bullet WTIOIL-USD	0.0000%	1h	92.257	+0.484%	$19K	$241K	10x	as long as short
gTrade (Gains Network) WTI/USDlong	L 0.0000% / S +0.0036%	1h	91.813	long leg	$5K	—	150x
edgeX CLUSDC	+0.0020%	4h	92.197	+0.418%	$530K	$307K	30x	as long as short
Extended WTI-USD	+0.0032%	1h	92.290	+0.520%	$2.1M	$27.0M	10x	as long as short
StandX CL-USD	+0.0040%	1h	92.230	+0.454%	$721K	$3.1M	40x	as long as short
Vest CL-PERP	+0.0046%	1h	92.290	+0.520%	—	$310K	10x	as long as short
Polymarket Perps WTIOIL-USD	+0.0050%	1h	92.265	+0.492%	$1.6M	$1.4M	20x	as long as short
SoDEX CL-USD	+0.0050%	1h	92.250	+0.476%	$2.0M	$39K	20x	as long as short
Pacifica CL	+0.0100%	1h	92.259	+0.486%	$353K	$596K	10x	as long as short
KuCoin CLUSDTM	+0.0100%	4h	92.275	+0.503%	$7.2M	$2.3M	50x	as long as short
ApeX Omni CLUSDT	+0.0100%	1h	92.250	+0.476%	$56K	$265K	50x	as long as short
Aevo WTIOIL-PERP	+0.0104%	1h	92.219	+0.442%	$4K	—	10x	as long as short
GMX WTIOIL/USD [ETH-USDC]	L +0.0206% / S −0.0131%	1h	92.255	+0.481%	$78K	—	111x	as long as short
Injective WTI/USDC PERP	+0.0220%	1h	101.38	+10.422%	$19K	$11K	30x	as long as short
BloFin CL-USDT	+0.0240%	4h	92.240	+0.465%	$4.0M	$1.4M	50x	as long as short
Aftermath Perps WTIUSD	+0.0385%	1h	92.230	+0.454%	$2K	$29K	5x	as long as short