CL

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0064%/8h= +7.0% APRnext payment +$0.08 per $10,000 · paid last 24h +0.005%

Price spread now: tradeXYZ against Nado−0.008%7-day average −0.010% · 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−$30as in the Price arb table

costs, in and out, $10k−$300.297% of the position

Long on Nado Short on tradeXYZ

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)+0.073%+$7 on $10k

Price spread, last 7 days+0.005%+$1 · spread now −0.008%, 7d avg −0.010%

Together, before fees+0.079%+ Points / potential airdropNado: Active · tradeXYZ: Active · farm board+$8 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.010%, so right now this pair is about funding alone: +$2 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Nado WTI-PERP	93.079	−0.0100	get 0.0012% / 1h	31m 14s	$954K	$623K	10x
Short	tradeXYZ xyz:CL	93.071	−0.0035	pay 0.0004% / 1h	31m 14s	$184.1M	$199.8M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

tradeXYZ 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 tradeXYZbpOrdersPrice spread, now −0.008%Rate

Funding earned: $13.49
Price spread: −0.008% → −0.010%: $0.17
Slippage, 4 orders: −$4.75
Fee Nado: 3.5 bp × 2 orders: −$7
Fee tradeXYZ: 9 bp × 2 orders: −$18
Net: −$16.09
Costs to cover: 0.297%
Break-even: 15.3 days

Slippage from Nado: live order book, 7 min ago; tradeXYZ: live order book, 9 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, 7 min ago	0.48 bp	5.4 bp −$5	10.9 bp −$109	32.6 bp −$3,264	doesn't fit
Sell tradeXYZ live order book, 9 min ago	0.27 bp	9.7 bp −$10	10.4 bp −$104	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	−0.0502%	1h	93.040	−0.042%	$194K	$395K	15x	as long as short
Aster CLUSD1	−0.0287%	4h	93.091	+0.013%	$24.6M	$64.6M	20x	as long as short
GRVT CL_USDT_Perp	−0.0262%	4h	93.080	+0.001%	$77K	$622K	25x	as long as short
Kraken Futures PF_WTIOILUSD	−0.0210%	1h	93.057	−0.023%	$274K	$939K	25x	as long as short
Binance CLUSDT	−0.0161%	4h	93.074	−0.005%	$247.1M	$923.5M	100x	as long as short
Variational Omni CL	−0.0143%	4h	93.137	+0.062%	$13.4M	$10.6M	—	as long as short
Gate CL_USDT	−0.0129%	8h	93.000	−0.085%	$22.9M	$49.3M	100x	as long as short
Bitget CLUSDT	−0.0124%	4h	93.057	−0.023%	$42.3M	$41.7M	100x	as long as short
Aftermath Perps WTIUSD	−0.0108%	1h	93.160	+0.087%	$2K	$26K	5x	as long as short
Nado WTI-PERPlong	−0.0100%	1h	93.079	long leg	$954K	$623K	10x

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
edgeX CLUSDC	−0.0076%	4h	93.101	+0.024%	$523K	$306K	30x	as long as short
OKX CL-USDT-SWAP	−0.0075%	4h	93.050	−0.031%	$42.7M	$102.9M	50x	as long as short
QFEX CL-USD	−0.0038%	1h	93.020	−0.063%	$2.3M	$2.5M	10x	as long as short
tradeXYZ xyz:CLshort	−0.0035%	1h	93.071	−0.008%	$184.1M	$199.8M	20x
Ondo Perps WTI-USD.P	−0.0022%	1h	93.080	+0.001%	$3.6M	$5.3M	20x	as long as short
Lighter WTI	−0.0016%	1h	93.015	−0.068%	$11.2M	$9.2M	20x	as long as short
Coinbase International WTIOIL-PERP-INTX	−0.0016%	1h	93.540	+0.496%	$405K	$810K	15x	as long as short
Paradex CL-USD-PERP	−0.0004%	8h	93.012	−0.072%	$16K	$367	5x	as long as short
dYdX WTI-USD	0.0000%	1h	93.090	+0.012%	$8K	$3K	5x	as long as short
Bybit CLUSDT	0.0000%	8h	93.073	−0.006%	$26.7M	$79.1M	150x	as long as short
RISEx CL/USDC	0.0000%	1h	93.058	−0.022%	$3.0M	$2.9M	20x	as long as short
Phoenix WTIOIL	0.0000%	1h	93.170	+0.098%	$37K	$40K	20x	as long as short
Bullet WTIOIL-USD	0.0000%	1h	93.064	−0.016%	$18K	$239K	10x	as long as short
gTrade (Gains Network) WTI/USD	L 0.0000% / S +0.0036%	1h	92.620	−0.493%	$5K	—	150x	as long as short
Extended WTI-USD	+0.0024%	1h	93.110	+0.034%	$1.7M	$15.2M	10x	as long as short
StandX CL-USD	+0.0040%	1h	93.180	+0.109%	$738K	$2.8M	40x	as long as short
Vest CL-PERP	+0.0046%	1h	93.070	−0.009%	—	$313K	10x	as long as short
Polymarket Perps WTIOIL-USD	+0.0050%	1h	93.048	−0.033%	$1.7M	$1.3M	20x	as long as short
SoDEX CL-USD	+0.0050%	1h	93.073	−0.006%	$2.1M	$60K	20x	as long as short
Pacifica CL	+0.0100%	1h	93.029	−0.053%	$347K	$593K	10x	as long as short
KuCoin CLUSDTM	+0.0100%	4h	93.037	−0.045%	$7.0M	$2.4M	50x	as long as short
ApeX Omni CLUSDT	+0.0100%	1h	93.190	+0.120%	$54K	$266K	50x	as long as short
Aevo WTIOIL-PERP	+0.0104%	1h	93.039	−0.043%	$4K	—	10x	as long as short
BloFin CL-USDT	+0.0166%	4h	93.090	+0.012%	$4.1M	$983K	50x	as long as short
Injective WTI/USDC PERP	+0.0220%	1h	102.45	+10.068%	$19K	$11K	30x	as long as short
GMX WTIOIL/USD [ETH-USDC]	L +0.0244% / S −0.0169%	1h	93.045	−0.036%	$78K	—	111x	as long as short