CL

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0140%/8h= +15.3% APRnext payment +$0.17 per $10,000 · paid last 24h +0.019%

Price spread now: SoDEX against Ondo Perps+0.026%7-day average +0.028% · you sell dearer than you buy

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

Long on Ondo Perps Short on SoDEX

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.024%−$2 on $10k

Price spread, last 4 days (all we have)−0.164%−$16 · spread now +0.026%, 7d avg +0.028%

Together, before fees−0.188%+ Points / potential airdropOndo Perps: Active · farm board−$19 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.028%, so right now this pair is about funding alone: +$4 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Ondo Perps WTI-USD.P	92.870	−0.0090	get 0.0011% / 1h	10m 58s	$3.5M	$5.4M	20x
Short	SoDEX CL-USD	92.894	0.0050	get 0.0006% / 1h	10m 58s	$2.1M	$60K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SoDEX 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 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 Ondo PerpsbpFee SoDEXbpOrdersPrice spread, now +0.026%Rate

Funding earned: $29.32
Price spread: +0.026% → +0.028%: −$0.24
Slippage, 4 orders: no order book: not counted
Fee Ondo Perps: 2.5 bp × 2 orders: −$5
Fee SoDEX: 4 bp × 2 orders: −$8
Net: $16.07
Costs to cover: 0.130%
Break-even: 3.2 days

Slippage unknown: Ondo Perps: no order-book sample; SoDEX: live order book, 3 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 SoDEX live order book, 3 min ago	0.54 bp	18.8 bp −$19	96.6 bp −$966	doesn't fit	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	−0.0611%	1h	92.860	−0.011%	$198K	$370K	15x	as long as short
Aster CLUSD1	−0.0269%	4h	92.910	+0.043%	$24.0M	$66.7M	20x	as long as short
GRVT CL_USDT_Perp	−0.0242%	4h	93.000	+0.140%	$64K	$648K	25x	as long as short
Kraken Futures PF_WTIOILUSD	−0.0196%	1h	92.905	+0.038%	$273K	$874K	25x	as long as short
Binance CLUSDT	−0.0187%	4h	92.894	+0.026%	$244.5M	$948.2M	100x	as long as short
Variational Omni CL	−0.0179%	4h	92.888	+0.019%	$13.5M	$10.8M	—	as long as short
Bitget CLUSDT	−0.0124%	4h	92.875	+0.005%	$42.0M	$43.7M	100x	as long as short
tradeXYZ xyz:CL	−0.0112%	1h	92.885	+0.016%	$187.8M	$217.6M	20x	as long as short
Aftermath Perps WTIUSD	−0.0104%	1h	92.973	+0.110%	$2K	$26K	5x	as long as short
Ondo Perps WTI-USD.Plong	−0.0090%	1h	92.870	long leg	$3.5M	$5.4M	20x

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
edgeX CLUSDC	−0.0076%	4h	93.007	+0.147%	$530K	$301K	30x	as long as short
OKX CL-USDT-SWAP	−0.0054%	4h	92.890	+0.022%	$42.4M	$102.7M	50x	as long as short
Gate CL_USDT	−0.0048%	8h	92.830	−0.043%	$20.8M	$52.2M	100x	as long as short
Coinbase International WTIOIL-PERP-INTX	−0.0048%	1h	92.750	−0.129%	$402K	$944K	15x	as long as short
QFEX CL-USD	−0.0043%	1h	92.900	+0.032%	$2.3M	$1.8M	10x	as long as short
Nado WTI-PERP	−0.0028%	1h	92.964	+0.101%	$963K	$649K	10x	as long as short
KuCoin CLUSDTM	−0.0026%	4h	92.903	+0.036%	$7.1M	$2.4M	50x	as long as short
Lighter WTI	0.0000%	1h	92.893	+0.025%	$11.2M	$10.6M	20x	as long as short
dYdX WTI-USD	0.0000%	1h	92.937	+0.072%	$8K	$3K	5x	as long as short
Bybit CLUSDT	0.0000%	8h	92.883	+0.014%	$26.7M	$80.4M	150x	as long as short
RISEx CL/USDC	0.0000%	1h	92.974	+0.112%	$3.1M	$2.9M	20x	as long as short
Phoenix WTIOIL	0.0000%	1h	92.950	+0.086%	$37K	$42K	20x	as long as short
Bullet WTIOIL-USD	0.0000%	1h	92.915	+0.049%	$18K	$241K	10x	as long as short
gTrade (Gains Network) WTI/USD	L 0.0000% / S +0.0036%	1h	92.463	−0.438%	$5K	—	150x	as long as short
Paradex CL-USD-PERP	+0.0009%	8h	92.887	+0.018%	$16K	$367	5x	as long as short
Extended WTI-USD	+0.0032%	1h	92.940	+0.075%	$2.0M	$20.3M	10x	as long as short
StandX CL-USD	+0.0040%	1h	92.890	+0.022%	$734K	$2.9M	40x	as long as short
Vest CL-PERP	+0.0046%	1h	92.920	+0.054%	—	$310K	10x	as long as short
Polymarket Perps WTIOIL-USD	+0.0050%	1h	92.906	+0.039%	$1.7M	$1.3M	20x	as long as short
SoDEX CL-USDshort	+0.0050%	1h	92.894	+0.026%	$2.1M	$60K	20x
Pacifica CL	+0.0068%	1h	92.898	+0.030%	$330K	$622K	10x	as long as short
ApeX Omni CLUSDT	+0.0100%	1h	93.030	+0.172%	$56K	$266K	50x	as long as short
Aevo WTIOIL-PERP	+0.0104%	1h	92.871	+0.001%	$4K	—	10x	as long as short
BloFin CL-USDT	+0.0186%	4h	92.930	+0.065%	$4.0M	$1.1M	50x	as long as short
GMX WTIOIL/USD [ETH-USDC]	L +0.0216% / S −0.0143%	1h	92.895	+0.027%	$81K	—	111x	as long as short
Injective WTI/USDC PERP	+0.0220%	1h	102.25	+10.101%	$19K	$11K	30x	as long as short