CL

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC+0.0275%/8h= +30.2% APRnext payment +$0.34 per $10,000 · paid last 24h +0.059%

Price spread now: Injective against Nado+9.883%49s7-day average — · you sell dearer than you buy

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

Long on Nado Short on Injective

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

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

Together, before fees—+ Points / potential airdropNado: Active · farm boardneeds both histories

Both sides work for this trade now. Funding pays +$8 a day on $10k at the current rate, and Injective is 9.883% dearer against Nado than usual: you sell high and buy low: +$988 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 49 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	Nado WTI-PERP	93.711	−0.0055	get 0.0007% / 1h	25m 48s	$966K	$620K	10x
Short	Injective WTI/USDC PERP	102.97	0.0220	get 0.0028% / 1h	25m 48s	$19K	$11K	30x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Injective against Nado. 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 NadobpFee InjectivebpOrdersPrice spread, now +9.883%Rate

Funding earned: $57.85
Price spread: +9.883% → 0.000%: $988.34
Slippage, 4 orders: no order book: not counted
Fee Nado: 3.5 bp × 2 orders: −$7
Fee Injective: 0.01 bp × 2 orders: −$0.02
Net: $1,039.17
Costs to cover: 0.070%
Break-even: from the start

Slippage unknown: Nado: live order book, 18 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 Nado live order book, 18 min ago	0.11 bp	5.2 bp −$5	10.2 bp −$102	32.3 bp −$3,232	doesn't fit
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	−0.0497%	1h	93.610	−0.108%	$196K	$383K	15x	as long as short
Aster CLUSD1	−0.0273%	4h	93.654	−0.061%	$24.6M	$65.2M	20x	as long as short
GRVT CL_USDT_Perp	−0.0256%	4h	93.654	−0.061%	$58K	$618K	25x	as long as short
Binance CLUSDT	−0.0148%	4h	93.617	−0.100%	$247.0M	$916.5M	100x	as long as short
Aftermath Perps WTIUSD	−0.0141%	1h	93.684	−0.029%	$2K	$26K	5x	as long as short
Kraken Futures PF_WTIOILUSD	−0.0137%	1h	93.663	−0.051%	$283K	$960K	25x	as long as short
Variational Omni CL	−0.0136%	4h	93.629	−0.088%	$13.5M	$10.6M	—	as long as short
Ondo Perps WTI-USD.P	−0.0118%	1h	93.600	−0.119%	$3.5M	$5.3M	20x	as long as short
Gate CL_USDT	−0.0108%	8h	93.550	−0.172%	$22.5M	$49.4M	100x	as long as short
Bitget CLUSDT	−0.0102%	4h	93.598	−0.121%	$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	−0.105%	$185.1M	$207.0M	20x	as long as short
Nado WTI-PERPlong	−0.0055%	1h	93.711	long leg	$966K	$620K	10x
edgeX CLUSDC	−0.0042%	4h	93.616	−0.101%	$526K	$305K	30x	as long as short
QFEX CL-USD	−0.0023%	1h	93.650	−0.065%	$2.3M	$2.5M	10x	as long as short
OKX CL-USDT-SWAP	−0.0019%	4h	93.610	−0.108%	$43.0M	$101.8M	50x	as long as short
Coinbase International WTIOIL-PERP-INTX	−0.0008%	1h	93.500	−0.225%	$404K	$916K	15x	as long as short
dYdX WTI-USD	0.0000%	1h	93.729	+0.019%	$8K	$3K	5x	as long as short
Bybit CLUSDT	0.0000%	8h	93.630	−0.087%	$27.0M	$79.0M	150x	as long as short
RISEx CL/USDC	0.0000%	1h	93.710	−0.001%	$3.1M	$2.9M	20x	as long as short
Phoenix WTIOIL	0.0000%	1h	93.690	−0.023%	$37K	$39K	20x	as long as short
Bullet WTIOIL-USD	0.0000%	1h	93.667	−0.047%	$19K	$239K	10x	as long as short
gTrade (Gains Network) WTI/USD	L 0.0000% / S +0.0036%	1h	93.189	−0.557%	$5K	—	150x	as long as short
Lighter WTI	+0.0016%	1h	93.618	−0.099%	$11.3M	$9.6M	20x	as long as short
Paradex CL-USD-PERP	+0.0022%	8h	93.596	−0.123%	$16K	$367	5x	as long as short
Extended WTI-USD	+0.0032%	1h	93.680	−0.033%	$2.0M	$15.6M	10x	as long as short
StandX CL-USD	+0.0040%	1h	93.680	−0.033%	$742K	$2.8M	40x	as long as short
Vest CL-PERP	+0.0046%	1h	93.670	−0.044%	—	$313K	10x	as long as short
Polymarket Perps WTIOIL-USD	+0.0050%	1h	93.654	−0.061%	$1.7M	$1.3M	20x	as long as short
SoDEX CL-USD	+0.0050%	1h	93.629	−0.088%	$2.1M	$61K	20x	as long as short
Pacifica CL	+0.0100%	1h	93.614	−0.104%	$333K	$574K	10x	as long as short
KuCoin CLUSDTM	+0.0100%	4h	93.636	−0.080%	$7.1M	$2.4M	50x	as long as short
ApeX Omni CLUSDT	+0.0100%	1h	93.660	−0.055%	$54K	$266K	50x	as long as short
Aevo WTIOIL-PERP	+0.0104%	1h	93.620	−0.097%	$4K	—	10x	as long as short
Injective WTI/USDC PERPshort	+0.0220%	1h	102.97	+9.883%	$19K	$11K	30x
BloFin CL-USDT	+0.0224%	4h	93.640	−0.076%	$4.0M	$977K	50x	as long as short
GMX WTIOIL/USD [ETH-USDC]	L +0.0246% / S −0.0180%	1h	93.695	−0.017%	$84K	—	111x	as long as short