CL

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC+0.0220%/8h= +24.1% APRnext payment +$0.28 per $10,000 · paid last 24h +0.042%

Price spread now: Injective against Lighter+9.791%7-day average — · you sell dearer than you buy

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

Long on Lighter 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—+ Points / potential airdropLighter: Season 3 · farm boardneeds both histories

Both sides work for this trade now. Funding pays +$7 a day on $10k at the current rate, and Injective is 9.791% dearer against Lighter than usual: you sell high and buy low: +$979 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	Lighter WTI	93.242	0	get 0.0000% / 1h	15m 19s	$11.2M	$10.3M	20x
Short	Injective WTI/USDC PERP	102.37	0.0220	get 0.0028% / 1h	15m 19s	$19K	$11K	30x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Injective against Lighter. 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 LighterbpFee InjectivebpOrdersPrice spread, now +9.791%Rate

Funding earned: $46.2
Price spread: +9.791% → 0.000%: $979.07
Slippage, 4 orders: no order book: not counted
Fee Lighter: 0 bp × 2 orders: $0
Fee Injective: 0.01 bp × 2 orders: −$0.02
Net: $1,025.25
Costs to cover: 0.000%
Break-even: from the start

Slippage unknown: Lighter: live order book, 3 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 Lighter live order book, 3 min ago	0.27 bp	1.2 bp −$1	1.6 bp −$16	8.1 bp −$814	36.0 bp −$18.0K
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-PERPETUAL	−0.0608%	1h	93.210	−0.034%	$199K	$370K	15x	as long as short
GRVT CL_USDT_Perp	−0.0340%	4h	93.170	−0.077%	$58K	$656K	25x	as long as short
Aster CLUSD1	−0.0279%	4h	93.283	+0.044%	$24.3M	$66.0M	20x	as long as short
Binance CLUSDT	−0.0187%	4h	93.250	+0.009%	$246.1M	$940.0M	100x	as long as short
Variational Omni CL	−0.0172%	4h	93.189	−0.057%	$13.4M	$10.9M	—	as long as short
Ondo Perps WTI-USD.P	−0.0134%	1h	93.170	−0.077%	$3.5M	$5.4M	20x	as long as short
Bitget CLUSDT	−0.0132%	4h	93.242	0.000%	$42.0M	$43.2M	100x	as long as short
Aftermath Perps WTIUSD	−0.0126%	1h	93.228	−0.015%	$2K	$27K	5x	as long as short
Nado WTI-PERP	−0.0118%	1h	93.285	+0.046%	$965K	$629K	10x	as long as short
edgeX CLUSDC	−0.0072%	4h	93.211	−0.033%	$524K	$307K	30x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Gate CL_USDT	−0.0067%	8h	93.180	−0.066%	$21.3M	$51.5M	100x	as long as short
OKX CL-USDT-SWAP	−0.0061%	4h	93.240	−0.002%	$42.7M	$102.9M	50x	as long as short
Kraken Futures PF_WTIOILUSD	−0.0061%	1h	93.269	+0.029%	$281K	$958K	25x	as long as short
tradeXYZ xyz:CL	−0.0055%	1h	93.245	+0.003%	$184.6M	$217.7M	20x	as long as short
Coinbase International WTIOIL-PERP-INTX	−0.0040%	1h	93.160	−0.088%	$403K	$929K	15x	as long as short
QFEX CL-USD	−0.0033%	1h	93.230	−0.013%	$2.3M	$1.9M	10x	as long as short
Paradex CL-USD-PERP	−0.0027%	8h	93.224	−0.019%	$16K	$367	5x	as long as short
Phoenix WTIOIL	−0.0009%	1h	93.260	+0.019%	$37K	$41K	20x	as long as short
Lighter WTIlong	0.0000%	1h	93.242	long leg	$11.2M	$10.3M	20x
dYdX WTI-USD	0.0000%	1h	93.255	+0.013%	$8K	$3K	5x	as long as short
Bybit CLUSDT	0.0000%	8h	93.253	+0.012%	$26.8M	$80.5M	150x	as long as short
RISEx CL/USDC	0.0000%	1h	93.306	+0.069%	$3.1M	$2.9M	20x	as long as short
Bullet WTIOIL-USD	0.0000%	1h	93.243	+0.001%	$19K	$241K	10x	as long as short
gTrade (Gains Network) WTI/USD	L 0.0000% / S +0.0036%	1h	92.806	−0.468%	$5K	—	150x	as long as short
KuCoin CLUSDTM	+0.0006%	4h	93.267	+0.027%	$7.1M	$2.4M	50x	as long as short
Extended WTI-USD	+0.0016%	1h	93.290	+0.051%	$2.0M	$18.6M	10x	as long as short
StandX CL-USD	+0.0040%	1h	93.170	−0.077%	$736K	$2.9M	40x	as long as short
Vest CL-PERP	+0.0046%	1h	93.250	+0.009%	—	$313K	10x	as long as short
Polymarket Perps WTIOIL-USD	+0.0050%	1h	93.248	+0.006%	$1.7M	$1.3M	20x	as long as short
SoDEX CL-USD	+0.0050%	1h	93.244	+0.002%	$2.1M	$60K	20x	as long as short
Pacifica CL	+0.0100%	1h	93.225	−0.018%	$331K	$579K	10x	as long as short
ApeX Omni CLUSDT	+0.0100%	1h	93.190	−0.056%	$54K	$267K	50x	as long as short
Aevo WTIOIL-PERP	+0.0104%	1h	93.204	−0.041%	$4K	—	10x	as long as short
BloFin CL-USDT	+0.0180%	4h	93.250	+0.009%	$4.0M	$1.0M	50x	as long as short
Injective WTI/USDC PERPshort	+0.0220%	1h	102.37	+9.791%	$19K	$11K	30x
GMX WTIOIL/USD [ETH-USDC]	L +0.0223% / S −0.0151%	1h	93.245	+0.003%	$81K	—	111x	as long as short