CL

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0106%/8h= +11.6% APRnext payment +$1.06 per $10,000 · paid last 24h −0.008%

Price spread now: Bybit against Paradex+0.101%49s7-day average — · you sell dearer than you buy

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

Long on Paradex Short on Bybit

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)—no history yet

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

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

Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Bybit is 0.101% dearer against Paradex than usual: you sell high and buy low: +$10 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	Paradex CL-USD-PERP	91.872	−0.0106	get 0.0106% / 8h	1h 23m	$15K	$367	5x
Short	Bybit CLUSDT	91.965	0	get 0.0000% / 8h	1h 23m	$25.3M	$97.4M	150x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bybit against Paradex. 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 ParadexbpFee BybitbpOrdersPrice spread, now +0.101%Rate

Funding earned: $22.32
Price spread: +0.101% → 0.000%: $10.09
Slippage, 4 orders: no order book: not counted
Fee Paradex: 2 bp × 2 orders: −$4
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: $17.41
Costs to cover: 0.150%
Break-even: 1.5 days

Slippage unknown: Paradex: no order-book sample; Bybit: 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 Paradex no order-book sample	—	—	—	—	—
Sell Bybit live order book, 5 min ago	0.54 bp	6.2 bp −$6	8.4 bp −$84	16.9 bp −$1,692	114.0 bp −$57.0K

Paradex: 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 35 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
Lighter WTI	−0.0320%	1h	91.870	−0.002%	$11.0M	$11.2M	20x	as long as short
Deribit WTIOIL_USDC-PERPETUAL	−0.0294%	1h	91.910	+0.041%	$95K	$260K	15x	as long as short
Aftermath Perps WTIUSD	−0.0199%	1h	91.923	+0.055%	$2K	$30K	5x	as long as short
Ondo Perps WTI-USD.P	−0.0179%	1h	91.890	+0.019%	$3.5M	$6.4M	20x	as long as short
Nado WTI-PERP	−0.0175%	1h	91.964	+0.100%	$923K	$748K	10x	as long as short
tradeXYZ xyz:CL	−0.0151%	1h	91.967	+0.103%	$184.9M	$279.4M	20x	as long as short
Bullet WTIOIL-USD	−0.0136%	1h	91.892	+0.022%	$19K	$240K	10x	as long as short
GRVT CL_USDT_Perp	−0.0114%	4h	91.887	+0.016%	$58K	$726K	25x	as long as short
Paradex CL-USD-PERPlong	−0.0106%	8h	91.872	long leg	$15K	$367	5x
Aster CLUSD1	−0.0091%	4h	91.960	+0.095%	$23.9M	$78.4M	20x	as long as short

Show all 35 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Polymarket Perps WTIOIL-USD	−0.0014%	1h	91.899	+0.029%	$1.6M	$1.4M	20x	as long as short
dYdX WTI-USD	0.0000%	1h	91.939	+0.073%	$8K	$3K	5x	as long as short
Extended WTI-USD	0.0000%	1h	91.960	+0.095%	$2.0M	$29.0M	10x	as long as short
Binance CLUSDT	0.0000%	4h	91.952	+0.086%	$245.6M	$1.12B	100x	as long as short
Bybit CLUSDTshort	0.0000%	8h	91.965	+0.101%	$25.3M	$97.4M	150x
OKX CL-USDT-SWAP	0.0000%	4h	91.930	+0.063%	$43.1M	$113.9M	50x	as long as short
QFEX CL-USD	0.0000%	1h	91.890	+0.019%	$2.4M	$2.6M	10x	as long as short
Gate CL_USDT	0.0000%	8h	91.880	+0.008%	$21.2M	$59.1M	100x	as long as short
Bitget CLUSDT	0.0000%	4h	91.918	+0.050%	$42.0M	$53.9M	100x	as long as short
Variational Omni CL	0.0000%	4h	91.874	+0.001%	$13.4M	$13.5M	—	as long as short
StandX CL-USD	+0.0004%	1h	91.900	+0.030%	$722K	$3.1M	40x	as long as short
Phoenix WTIOIL	+0.0009%	1h	91.970	+0.106%	$37K	$99K	20x	as long as short
edgeX CLUSDC	+0.0013%	4h	91.933	+0.066%	$529K	$340K	30x	as long as short
Vest CL-PERP	+0.0046%	1h	92.000	+0.139%	—	$243K	10x	as long as short
SoDEX CL-USD	+0.0050%	1h	91.895	+0.025%	$2.0M	$39K	20x	as long as short
ApeX Omni CLUSDT	+0.0065%	1h	91.870	−0.002%	$55K	$266K	50x	as long as short
Pacifica CL	+0.0100%	1h	91.908	+0.039%	$332K	$579K	10x	as long as short
KuCoin CLUSDTM	+0.0100%	4h	91.936	+0.069%	$7.3M	$2.1M	50x	as long as short
Aevo WTIOIL-PERP	+0.0104%	1h	91.879	+0.007%	$4K	—	10x	as long as short
Coinbase International WTIOIL-PERP-INTX	+0.0112%	1h	91.920	+0.052%	$397K	$1.2M	15x	as long as short
Injective WTI/USDC PERP	+0.0172%	1h	100.99	+9.928%	$19K	$18K	30x	as long as short
GMX WTIOIL/USD [ETH-USDC]	L +0.0203% / S −0.0127%	1h	91.895	+0.025%	$76K	—	111x	as long as short
BloFin CL-USDT	+0.0240%	4h	91.900	+0.030%	$4.0M	$1.5M	50x	as long as short
Kraken Futures PF_WTIOILUSD	+0.0451%	1h	91.917	+0.049%	$260K	$1.2M	25x	as long as short
RISEx CL/USDC	+0.0977%	1h	92.013	+0.153%	$3.2M	$2.8M	20x	as long as short