CL

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC−0.0338%/8h= −37.1% APRnext payment −$0.42 per $10,000 · paid last 24h −0.051%

Price spread now: Ondo Perps against Injective−9.102%101s7-day average — · you buy dearer than you sell

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

Long on Injective Short on Ondo Perps

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—+ Points / potential airdropOndo Perps: Active · farm boardneeds both histories

Both sides work against this trade now: funding costs −$10 a day on $10k at the current rate, and Ondo Perps is 9.102% cheaper against Injective than usual: you would sell low and buy high (−$910 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 101 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	Injective WTI/USDC PERP	102.97	0.0220	pay 0.0028% / 1h	25m 48s	$19K	$11K	30x
Short	Ondo Perps WTI-USD.P	93.600	−0.0118	pay 0.0015% / 1h	25m 48s	$3.5M	$5.3M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Ondo Perps against Injective. 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 InjectivebpFee Ondo PerpsbpOrdersPrice spread, now −9.102%Rate

Funding earned: −$71.06
Price spread: −9.102% → 0.000%: −$910.24
Slippage, 4 orders: no order book: not counted
Fee Injective: 0.01 bp × 2 orders: −$0.02
Fee Ondo Perps: 2.5 bp × 2 orders: −$5
Net: −$986.32
Costs to cover: 0.050%
Break-even: never at this rate

Slippage unknown: Injective: no order-book sample; Ondo Perps: 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 Injective no order-book sample	—	—	—	—	—
Sell Ondo Perps no order-book sample	—	—	—	—	—

Injective and Ondo Perps: 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-PERPETUAL	−0.0497%	1h	93.610	−9.093%	$196K	$383K	15x	as long as short
Aster CLUSD1	−0.0273%	4h	93.654	−9.050%	$24.6M	$65.2M	20x	as long as short
GRVT CL_USDT_Perp	−0.0256%	4h	93.654	−9.050%	$58K	$618K	25x	as long as short
Binance CLUSDT	−0.0148%	4h	93.617	−9.086%	$247.0M	$916.5M	100x	as long as short
Aftermath Perps WTIUSD	−0.0141%	1h	93.684	−9.020%	$2K	$26K	5x	as long as short
Kraken Futures PF_WTIOILUSD	−0.0137%	1h	93.663	−9.041%	$283K	$960K	25x	as long as short
Variational Omni CL	−0.0136%	4h	93.629	−9.075%	$13.5M	$10.6M	—	as long as short
Ondo Perps WTI-USD.Pshort	−0.0118%	1h	93.600	−9.102%	$3.5M	$5.3M	20x
Gate CL_USDT	−0.0108%	8h	93.550	−9.151%	$22.5M	$49.4M	100x	as long as short
Bitget CLUSDT	−0.0102%	4h	93.598	−9.104%	$42.3M	$42.1M	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	−0.0076%	1h	93.613	−9.090%	$185.1M	$207.0M	20x	as long as short
Nado WTI-PERP	−0.0055%	1h	93.711	−8.994%	$966K	$620K	10x	as long as short
edgeX CLUSDC	−0.0042%	4h	93.616	−9.087%	$526K	$305K	30x	as long as short
QFEX CL-USD	−0.0023%	1h	93.650	−9.054%	$2.3M	$2.5M	10x	as long as short
OKX CL-USDT-SWAP	−0.0019%	4h	93.610	−9.093%	$43.0M	$101.8M	50x	as long as short
Coinbase International WTIOIL-PERP-INTX	−0.0008%	1h	93.500	−9.199%	$404K	$916K	15x	as long as short
dYdX WTI-USD	0.0000%	1h	93.729	−8.977%	$8K	$3K	5x	as long as short
Bybit CLUSDT	0.0000%	8h	93.630	−9.073%	$27.0M	$79.0M	150x	as long as short
RISEx CL/USDC	0.0000%	1h	93.710	−8.995%	$3.1M	$2.9M	20x	as long as short
Phoenix WTIOIL	0.0000%	1h	93.690	−9.015%	$37K	$39K	20x	as long as short
Bullet WTIOIL-USD	0.0000%	1h	93.667	−9.037%	$19K	$239K	10x	as long as short
gTrade (Gains Network) WTI/USD	L 0.0000% / S +0.0036%	1h	93.189	−9.502%	$5K	—	150x	as long as short
Lighter WTI	+0.0016%	1h	93.618	−9.085%	$11.3M	$9.6M	20x	as long as short
Paradex CL-USD-PERP	+0.0022%	8h	93.596	−9.106%	$16K	$367	5x	as long as short
Extended WTI-USD	+0.0032%	1h	93.680	−9.025%	$2.0M	$15.6M	10x	as long as short
StandX CL-USD	+0.0040%	1h	93.680	−9.025%	$742K	$2.8M	40x	as long as short
Vest CL-PERP	+0.0046%	1h	93.670	−9.034%	—	$313K	10x	as long as short
Polymarket Perps WTIOIL-USD	+0.0050%	1h	93.654	−9.050%	$1.7M	$1.3M	20x	as long as short
SoDEX CL-USD	+0.0050%	1h	93.629	−9.074%	$2.1M	$61K	20x	as long as short
Pacifica CL	+0.0100%	1h	93.614	−9.089%	$333K	$574K	10x	as long as short
KuCoin CLUSDTM	+0.0100%	4h	93.636	−9.067%	$7.1M	$2.4M	50x	as long as short
ApeX Omni CLUSDT	+0.0100%	1h	93.660	−9.044%	$54K	$266K	50x	as long as short
Aevo WTIOIL-PERP	+0.0104%	1h	93.620	−9.083%	$4K	—	10x	as long as short
Injective WTI/USDC PERPlong	+0.0220%	1h	102.97	long leg	$19K	$11K	30x
BloFin CL-USDT	+0.0224%	4h	93.640	−9.064%	$4.0M	$977K	50x	as long as short
GMX WTIOIL/USD [ETH-USDC]	L +0.0246% / S −0.0180%	1h	93.695	−9.010%	$84K	—	111x	as long as short