CL

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0081%/8h= +8.8% APRnext payment +$0.10 per $10,000 · paid last 24h +0.032%

Price spread now: SoDEX against Nado−0.078%7-day average −0.041% · you buy dearer than you sell

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$52as in the Price arb table

costs, in and out, $10k−$480.481% of the position

Long on Nado Short on SoDEX

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.123%+$12 on $10k

Price spread, last 4 days (all we have)−0.188%−$19 · spread now −0.078%, 7d avg −0.041%

Together, before fees−0.065%+ Points / potential airdropNado: Active · farm board−$7 on $10k · with fees, hour by hour

Funding pays, the price is against you. SoDEX is 0.036% cheaper against Nado than usual: you would sell low and buy high (spread −0.078% now, against its 7-day average of −0.041%). If the spread goes back, that is −$4 on $10k: about 36 hours of funding at the current rate (+$2 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Nado WTI-PERP	92.969	−0.0031	get 0.0004% / 1h	9m 22s	$963K	$648K	10x
Short	SoDEX CL-USD	92.897	0.0050	get 0.0006% / 1h	9m 22s	$2.1M	$60K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SoDEX 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 SoDEXbpOrdersPrice spread, now −0.078%Rate

Funding earned: $16.96
Price spread: −0.078% → −0.041%: −$3.61
Slippage, 4 orders: −$33.09
Fee Nado: 3.5 bp × 2 orders: −$7
Fee SoDEX: 4 bp × 2 orders: −$8
Net: −$34.74
Costs to cover: 0.481%
Break-even: 21.3 days

Slippage from Nado: live order book, 49 min ago; SoDEX: 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 Nado live order book, 49 min ago	0.05 bp	3.9 bp −$4	6.6 bp −$66	26.8 bp −$2,683	doesn't fit
Sell SoDEX live order book, 5 min ago	0.54 bp	18.8 bp −$19	96.6 bp −$966	doesn't fit	doesn't fit

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	−0.0503%	1h	92.870	−0.107%	$198K	$370K	15x	as long as short
Aster CLUSD1	−0.0272%	4h	92.909	−0.064%	$24.0M	$66.4M	20x	as long as short
GRVT CL_USDT_Perp	−0.0246%	4h	92.887	−0.088%	$64K	$648K	25x	as long as short
Kraken Futures PF_WTIOILUSD	−0.0196%	1h	92.905	−0.069%	$273K	$874K	25x	as long as short
Binance CLUSDT	−0.0188%	4h	92.893	−0.082%	$244.5M	$944.6M	100x	as long as short
Variational Omni CL	−0.0179%	4h	92.888	−0.087%	$13.5M	$10.8M	—	as long as short
Bitget CLUSDT	−0.0126%	4h	92.888	−0.087%	$42.0M	$43.5M	100x	as long as short
tradeXYZ xyz:CL	−0.0113%	1h	92.887	−0.088%	$187.8M	$216.1M	20x	as long as short
Aftermath Perps WTIUSD	−0.0104%	1h	92.949	−0.021%	$2K	$26K	5x	as long as short
Ondo Perps WTI-USD.P	−0.0090%	1h	92.850	−0.128%	$3.5M	$5.4M	20x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
OKX CL-USDT-SWAP	−0.0057%	4h	92.890	−0.085%	$42.5M	$102.6M	50x	as long as short
Coinbase International WTIOIL-PERP-INTX	−0.0048%	1h	92.750	−0.236%	$402K	$944K	15x	as long as short
Gate CL_USDT	−0.0047%	8h	92.840	−0.139%	$20.8M	$52.2M	100x	as long as short
QFEX CL-USD	−0.0043%	1h	92.900	−0.074%	$2.3M	$1.8M	10x	as long as short
Nado WTI-PERPlong	−0.0031%	1h	92.969	long leg	$963K	$648K	10x
KuCoin CLUSDTM	−0.0030%	4h	92.908	−0.066%	$7.1M	$2.4M	50x	as long as short
edgeX CLUSDC	−0.0003%	4h	92.895	−0.080%	$526K	$303K	30x	as long as short
Lighter WTI	0.0000%	1h	92.912	−0.061%	$11.2M	$10.6M	20x	as long as short
dYdX WTI-USD	0.0000%	1h	92.937	−0.035%	$8K	$3K	5x	as long as short
Bybit CLUSDT	0.0000%	8h	92.887	−0.088%	$26.7M	$80.4M	150x	as long as short
RISEx CL/USDC	0.0000%	1h	92.969	0.000%	$3.1M	$2.9M	20x	as long as short
Phoenix WTIOIL	0.0000%	1h	92.940	−0.031%	$37K	$42K	20x	as long as short
Bullet WTIOIL-USD	0.0000%	1h	92.902	−0.072%	$18K	$241K	10x	as long as short
gTrade (Gains Network) WTI/USD	L 0.0000% / S +0.0036%	1h	92.464	−0.543%	$5K	—	150x	as long as short
Paradex CL-USD-PERP	+0.0007%	8h	92.888	−0.087%	$16K	$367	5x	as long as short
Extended WTI-USD	+0.0032%	1h	92.940	−0.031%	$2.0M	$20.3M	10x	as long as short
StandX CL-USD	+0.0040%	1h	92.900	−0.074%	$734K	$2.9M	40x	as long as short
Vest CL-PERP	+0.0046%	1h	92.920	−0.053%	—	$310K	10x	as long as short
Polymarket Perps WTIOIL-USD	+0.0050%	1h	92.900	−0.074%	$1.7M	$1.3M	20x	as long as short
SoDEX CL-USDshort	+0.0050%	1h	92.897	−0.078%	$2.1M	$60K	20x
Pacifica CL	+0.0068%	1h	92.902	−0.072%	$330K	$622K	10x	as long as short
ApeX Omni CLUSDT	+0.0100%	1h	92.950	−0.021%	$56K	$266K	50x	as long as short
Aevo WTIOIL-PERP	+0.0104%	1h	92.866	−0.111%	$4K	—	10x	as long as short
BloFin CL-USDT	+0.0186%	4h	92.930	−0.042%	$4.0M	$1.1M	50x	as long as short
GMX WTIOIL/USD [ETH-USDC]	L +0.0216% / S −0.0144%	1h	92.895	−0.080%	$81K	—	111x	as long as short
Injective WTI/USDC PERP	+0.0220%	1h	102.25	+9.984%	$19K	$11K	30x	as long as short