Funding you earn now, next payment 08:00 UTC−0.0076%/8h= −8.4% APRnext payment −$0.10 per $10,000 · paid last 24h −0.007%
Price spread now: Nado against Ondo Perps+0.157%7-day average +0.060% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)−0.148%−$15 on $10k
+Price spread, last 7 days−0.278%−$28 · spread now +0.157%, 7d avg +0.060%
=Together, before fees−0.426%+ Points / potential airdropOndo Perps: Active · Nado: Active · farm board−$43 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Nado is 0.097% dearer against Ondo Perps than usual: you sell high and buy low (spread +0.157% now, against its 7-day average of +0.060%): +$10 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 4.2 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Ondo Perps WTI-USD.P | 93.010 | −0.0022 | get 0.0003% / 1h | 33m 27s | $3.6M | $5.3M | 20x |
| Short | Nado WTI-PERP | 93.156 | −0.0098 | pay 0.0012% / 1h | 33m 27s | $955K | $623K | 10x |
Ondo Perps WTI-USD.P
Nado WTI-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Nado against Ondo Perps. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$16.03
- Price spread: +0.157% → +0.060%
- $9.72
- Slippage, 4 orders
- no order book: not counted
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Net
- −$18.31
- Costs to cover
- 0.120%
- Break-even
- never at this rate
Slippage unknown: Ondo Perps: no order-book sample; Nado: live order book, 5 min ago. 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 Ondo Perps no order-book sample | — | — | — | — | — |
| Sell Nado live order book, 5 min ago | 0.48 bp | 5.0 bp −$5 | 8.7 bp −$87 | 27.0 bp −$2,699 | doesn't fit |
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 | −0.0609% | 1h | 93.020 | +0.011% | $194K | $394K | 15x | as long as short |
| Aster CLUSD1 | −0.0288% | 4h | 93.143 | +0.143% | $24.7M | $64.6M | 20x | as long as short |
| GRVT CL_USDT_Perp | −0.0262% | 4h | 93.080 | +0.075% | $77K | $622K | 25x | as long as short |
| Kraken Futures PF_WTIOILUSD | −0.0210% | 1h | 93.058 | +0.052% | $274K | $939K | 25x | as long as short |
| Binance CLUSDT | −0.0161% | 4h | 93.121 | +0.119% | $247.3M | $922.4M | 100x | as long as short |
| Variational Omni CL | −0.0143% | 4h | 93.137 | +0.136% | $13.4M | $10.6M | — | as long as short |
| Gate CL_USDT | −0.0128% | 8h | 93.040 | +0.032% | $22.9M | $49.2M | 100x | as long as short |
| Bitget CLUSDT | −0.0124% | 4h | 93.110 | +0.108% | $42.3M | $41.7M | 100x | as long as short |
| Aftermath Perps WTIUSD | −0.0110% | 1h | 93.202 | +0.206% | $2K | $27K | 5x | as long as short |
| Nado WTI-PERPshort | −0.0098% | 1h | 93.156 | +0.157% | $955K | $623K | 10x |
Deribit WTIOIL_USDC-PERPETUAL
Aster CLUSD1
GRVT CL_USDT_Perp
Kraken Futures PF_WTIOILUSD
Binance CLUSDT
Variational Omni CL
Gate CL_USDT
Bitget CLUSDT
Aftermath Perps WTIUSDShow all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX CL-USDT-SWAP | −0.0075% | 4h | 93.100 | +0.097% | $42.7M | $102.9M | 50x | as long as short |
| edgeX CLUSDC | −0.0057% | 4h | 93.176 | +0.179% | $524K | $305K | 30x | as long as short |
| QFEX CL-USD | −0.0038% | 1h | 93.090 | +0.086% | $2.3M | $2.5M | 10x | as long as short |
| tradeXYZ xyz:CL | −0.0037% | 1h | 93.090 | +0.086% | $184.0M | $199.7M | 20x | as long as short |
| Ondo Perps WTI-USD.Plong | −0.0022% | 1h | 93.010 | long leg | $3.6M | $5.3M | 20x | |
| Lighter WTI | −0.0016% | 1h | 93.085 | +0.081% | $11.2M | $9.2M | 20x | as long as short |
| Coinbase International WTIOIL-PERP-INTX | −0.0016% | 1h | 93.540 | +0.570% | $405K | $810K | 15x | as long as short |
| Paradex CL-USD-PERP | −0.0005% | 8h | 93.062 | +0.056% | $16K | $367 | 5x | as long as short |
| dYdX WTI-USD | 0.0000% | 1h | 93.085 | +0.080% | $8K | $3K | 5x | as long as short |
| Bybit CLUSDT | 0.0000% | 8h | 93.130 | +0.129% | $26.7M | $79.1M | 150x | as long as short |
| RISEx CL/USDC | 0.0000% | 1h | 93.136 | +0.135% | $3.0M | $2.9M | 20x | as long as short |
| Phoenix WTIOIL | 0.0000% | 1h | 93.170 | +0.172% | $37K | $40K | 20x | as long as short |
| Bullet WTIOIL-USD | 0.0000% | 1h | 93.058 | +0.052% | $18K | $239K | 10x | as long as short |
| gTrade (Gains Network) WTI/USD | L 0.0000% / S +0.0036% | 1h | 92.615 | −0.425% | $5K | — | 150x | as long as short |
| Extended WTI-USD | +0.0008% | 1h | 93.140 | +0.140% | $1.7M | $15.1M | 10x | as long as short |
| StandX CL-USD | +0.0040% | 1h | 93.150 | +0.151% | $738K | $2.8M | 40x | as long as short |
| Vest CL-PERP | +0.0046% | 1h | 93.120 | +0.118% | — | $313K | 10x | as long as short |
| Polymarket Perps WTIOIL-USD | +0.0050% | 1h | 93.111 | +0.109% | $1.7M | $1.3M | 20x | as long as short |
| SoDEX CL-USD | +0.0050% | 1h | 93.073 | +0.068% | $2.1M | $60K | 20x | as long as short |
| Pacifica CL | +0.0100% | 1h | 93.090 | +0.086% | $347K | $593K | 10x | as long as short |
| KuCoin CLUSDTM | +0.0100% | 4h | 93.105 | +0.102% | $7.1M | $2.4M | 50x | as long as short |
| ApeX Omni CLUSDT | +0.0100% | 1h | 93.020 | +0.011% | $54K | $266K | 50x | as long as short |
| Aevo WTIOIL-PERP | +0.0104% | 1h | 93.025 | +0.016% | $4K | — | 10x | as long as short |
| BloFin CL-USDT | +0.0171% | 4h | 93.100 | +0.097% | $4.0M | $982K | 50x | as long as short |
| Injective WTI/USDC PERP | +0.0220% | 1h | 102.45 | +10.149% | $19K | $11K | 30x | as long as short |
| GMX WTIOIL/USD [ETH-USDC] | L +0.0244% / S −0.0169% | 1h | 93.095 | +0.091% | $78K | — | 111x | as long as short |
OKX CL-USDT-SWAP
edgeX CLUSDC
QFEX CL-USD
tradeXYZ xyz:CL
Lighter WTI
Coinbase International WTIOIL-PERP-INTX
Paradex CL-USD-PERP
dYdX WTI-USD
Bybit CLUSDT
RISEx CL/USDC
Phoenix WTIOIL
Bullet WTIOIL-USD
gTrade (Gains Network) WTI/USD
Extended WTI-USD
StandX CL-USD
Vest CL-PERP
Polymarket Perps WTIOIL-USD
SoDEX CL-USD
Pacifica CL
KuCoin CLUSDTM
ApeX Omni CLUSDT
Aevo WTIOIL-PERP
BloFin CL-USDT
Injective WTI/USDC PERP
GMX WTIOIL/USD [ETH-USDC]