CL

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0393%/8h= −43.0% APRnext payment −$0.49 per $10,000 · paid last 24h −0.070%

Price spread now: Deribit against RISEx−0.012%7-day average −0.043% · 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−$14as in the Price arb table

costs, in and out, $10k−$170.169% of the position

Long on RISEx Short on Deribit

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)−0.164%−$16 on $10k

Price spread, last 4 days (all we have)−0.071%−$7 · spread now −0.012%, 7d avg −0.043%

Together, before fees−0.235%−$24 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Deribit is 0.031% dearer against RISEx than usual: you sell high and buy low (spread −0.012% now, against its 7-day average of −0.043%): +$3 on $10k if it goes back. Holding the pair costs −$12 a day in funding at the current rate, which eats that in about 6 hours. At the pace of the last 4 days (−0.164% in total) that is about 17 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	RISEx CL/USDC	93.271	0	get 0.0000% / 1h	6m 48s	$3.0M	$2.8M	20x
Short	Deribit WTIOIL_USDC-PERPETUAL	93.260	−0.0393	pay 0.0049% / 1h	6m 48s	$195K	$398K	15x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Deribit against RISEx. 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 RISExbpFee DeribitbpOrdersPrice spread, now −0.012%Rate

Funding earned: −$82.52
Price spread: −0.012% → −0.043%: $3.09
Slippage, 4 orders: −$3.86
Fee RISEx: 3 bp × 2 orders: −$6
Fee Deribit: 3.5 bp × 2 orders: −$7
Net: −$96.29
Costs to cover: 0.169%
Break-even: never at this rate

Slippage from RISEx: live order book, 2 min ago; Deribit: live order book, 32 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 RISEx live order book, 2 min ago	1.39 bp	4.4 bp −$4	5.4 bp −$54	doesn't fit	doesn't fit
Sell Deribit live order book, 32 min ago	0.54 bp	4.0 bp −$4	7.8 bp −$78	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-PERPETUALshort	−0.0393%	1h	93.260	−0.012%	$195K	$398K	15x
Aster CLUSD1	−0.0256%	4h	93.266	−0.005%	$24.8M	$62.2M	20x	as long as short
GRVT CL_USDT_Perp	−0.0230%	4h	93.059	−0.228%	$77K	$622K	25x	as long as short
Kraken Futures PF_WTIOILUSD	−0.0209%	1h	93.278	+0.007%	$276K	$929K	25x	as long as short
Binance CLUSDT	−0.0141%	4h	93.220	−0.055%	$246.8M	$922.6M	100x	as long as short
Gate CL_USDT	−0.0137%	8h	93.160	−0.119%	$23.2M	$50.7M	100x	as long as short
Variational Omni CL	−0.0136%	4h	93.053	−0.233%	$13.5M	$10.6M	—	as long as short
Nado WTI-PERP	−0.0110%	1h	93.310	+0.042%	$955K	$613K	10x	as long as short
Bitget CLUSDT	−0.0104%	4h	93.230	−0.044%	$42.3M	$41.5M	100x	as long as short
edgeX CLUSDC	−0.0089%	4h	93.053	−0.234%	$523K	$304K	30x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aftermath Perps WTIUSD	−0.0087%	1h	93.122	−0.160%	$1K	$26K	5x	as long as short
OKX CL-USDT-SWAP	−0.0073%	4h	93.220	−0.055%	$42.7M	$103.2M	50x	as long as short
QFEX CL-USD	−0.0038%	1h	93.210	−0.065%	$2.3M	$2.4M	10x	as long as short
tradeXYZ xyz:CL	−0.0016%	1h	93.242	−0.031%	$184.5M	$196.4M	20x	as long as short
Coinbase International WTIOIL-PERP-INTX	−0.0016%	1h	93.540	+0.288%	$405K	$810K	15x	as long as short
Lighter WTI	−0.0008%	1h	93.201	−0.075%	$11.2M	$9.2M	20x	as long as short
Ondo Perps WTI-USD.P	−0.0006%	1h	93.230	−0.044%	$3.6M	$5.3M	20x	as long as short
dYdX WTI-USD	0.0000%	1h	93.288	+0.018%	$8K	$3K	5x	as long as short
Bybit CLUSDT	0.0000%	8h	93.240	−0.033%	$27.0M	$79.7M	150x	as long as short
RISEx CL/USDClong	0.0000%	1h	93.271	long leg	$3.0M	$2.8M	20x
Phoenix WTIOIL	0.0000%	1h	93.240	−0.033%	$37K	$40K	20x	as long as short
Bullet WTIOIL-USD	0.0000%	1h	93.244	−0.028%	$18K	$240K	10x	as long as short
gTrade (Gains Network) WTI/USD	L 0.0000% / S +0.0036%	1h	92.791	−0.515%	$5K	—	150x	as long as short
Paradex CL-USD-PERP	+0.0010%	8h	93.210	−0.065%	$16K	$367	5x	as long as short
Extended WTI-USD	+0.0032%	1h	93.260	−0.012%	$1.7M	$15.1M	10x	as long as short
StandX CL-USD	+0.0040%	1h	93.300	+0.031%	$739K	$2.8M	40x	as long as short
Vest CL-PERP	+0.0046%	1h	93.230	−0.044%	—	$313K	10x	as long as short
Polymarket Perps WTIOIL-USD	+0.0050%	1h	93.236	−0.037%	$1.7M	$1.3M	20x	as long as short
SoDEX CL-USD	+0.0050%	1h	93.260	−0.012%	$2.1M	$62K	20x	as long as short
Pacifica CL	+0.0100%	1h	93.231	−0.043%	$347K	$589K	10x	as long as short
KuCoin CLUSDTM	+0.0100%	4h	93.253	−0.019%	$7.1M	$2.4M	50x	as long as short
ApeX Omni CLUSDT	+0.0100%	1h	93.120	−0.162%	$54K	$266K	50x	as long as short
Aevo WTIOIL-PERP	+0.0104%	1h	93.251	−0.021%	$4K	—	10x	as long as short
BloFin CL-USDT	+0.0163%	4h	93.250	−0.022%	$4.1M	$985K	50x	as long as short
Injective WTI/USDC PERP	+0.0220%	1h	102.13	+9.502%	$19K	$11K	30x	as long as short
GMX WTIOIL/USD [ETH-USDC]	L +0.0260% / S −0.0207%	1h	93.255	−0.017%	$84K	—	111x	as long as short