CL

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC−0.0234%/8h= −25.6% APRnext payment −$0.29 per $10,000 · paid last 24h −0.019%

Price spread now: Ondo Perps against RISEx−0.168%7-day average −0.107% · you buy dearer than you sell

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

Long on RISEx Short on Ondo Perps

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)−0.038%−$4 on $10k

Price spread, last 7 days+0.137%+$14 · spread now −0.168%, 7d avg −0.107%

Together, before fees+0.099%+ Points / potential airdropOndo Perps: Active · farm board+$10 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$7 a day on $10k at the current rate, and Ondo Perps is 0.061% cheaper against RISEx than usual: you would sell low and buy high (−$6 if the spread goes back to its 7-day average of −0.107%). Swap the legs.

The current funding rate is far above what this pair has been paying: over the last 4 days it paid -0.038% in total (about -3.9% a year). A funding rate is set anew for every payment; at this rate the next one is about −$0.29 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	RISEx CL/USDC	92.987	0.0066	pay 0.0008% / 1h	24m 43s	$3.2M	$2.8M	20x
Short	Ondo Perps WTI-USD.P	92.830	−0.0168	pay 0.0021% / 1h	24m 43s	$3.5M	$5.6M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Ondo Perps 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 Ondo PerpsbpOrdersPrice spread, now −0.168%Rate

Funding earned: −$49.14
Price spread: −0.168% → −0.107%: −$6.14
Slippage, 4 orders: no order book: not counted
Fee RISEx: 3 bp × 2 orders: −$6
Fee Ondo Perps: 2.5 bp × 2 orders: −$5
Net: −$66.28
Costs to cover: 0.110%
Break-even: never at this rate

Slippage unknown: RISEx: live order book, 4 min ago; Ondo Perps: no order-book sample. 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 RISEx live order book, 4 min ago	0.48 bp	3.5 bp −$3	5.0 bp −$50	doesn't fit	doesn't fit
Sell Ondo Perps no order-book sample	—	—	—	—	—

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	−0.0503%	1h	92.860	−0.136%	$198K	$369K	15x	as long as short
Aster CLUSD1	−0.0252%	4h	92.820	−0.179%	$23.9M	$68.4M	20x	as long as short
GRVT CL_USDT_Perp	−0.0236%	4h	92.878	−0.117%	$61K	$625K	25x	as long as short
Binance CLUSDT	−0.0207%	4h	92.810	−0.190%	$244.4M	$952.4M	100x	as long as short
Variational Omni CL	−0.0202%	4h	92.856	−0.140%	$13.6M	$11.1M	—	as long as short
Ondo Perps WTI-USD.Pshort	−0.0168%	1h	92.830	−0.168%	$3.5M	$5.6M	20x
Nado WTI-PERP	−0.0156%	1h	92.934	−0.056%	$962K	$660K	10x	as long as short
Gate CL_USDT	−0.0088%	8h	92.760	−0.244%	$20.9M	$52.6M	100x	as long as short
edgeX CLUSDC	−0.0079%	4h	92.903	−0.090%	$529K	$301K	30x	as long as short
tradeXYZ xyz:CL	−0.0068%	1h	92.817	−0.182%	$184.5M	$217.2M	20x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
OKX CL-USDT-SWAP	−0.0058%	4h	92.800	−0.201%	$42.8M	$102.0M	50x	as long as short
Aftermath Perps WTIUSD	−0.0050%	1h	92.887	−0.107%	$2K	$27K	5x	as long as short
Coinbase International WTIOIL-PERP-INTX	−0.0040%	1h	92.750	−0.254%	$402K	$944K	15x	as long as short
QFEX CL-USD	−0.0032%	1h	92.850	−0.147%	$2.5M	$1.7M	10x	as long as short
Extended WTI-USD	−0.0032%	1h	92.880	−0.115%	$2.1M	$22.6M	10x	as long as short
Lighter WTI	0.0000%	1h	92.818	−0.181%	$11.2M	$10.4M	20x	as long as short
dYdX WTI-USD	0.0000%	1h	92.845	−0.153%	$8K	$3K	5x	as long as short
Bybit CLUSDT	0.0000%	8h	92.830	−0.168%	$26.7M	$81.2M	150x	as long as short
Bitget CLUSDT	0.0000%	4h	92.810	−0.190%	$41.9M	$43.3M	100x	as long as short
Phoenix WTIOIL	0.0000%	1h	92.910	−0.082%	$37K	$42K	20x	as long as short
Bullet WTIOIL-USD	0.0000%	1h	92.879	−0.116%	$18K	$241K	10x	as long as short
gTrade (Gains Network) WTI/USD	L 0.0000% / S +0.0036%	1h	92.454	−0.573%	$5K	—	150x	as long as short
Paradex CL-USD-PERP	+0.0018%	8h	92.867	−0.128%	$16K	$367	5x	as long as short
KuCoin CLUSDTM	+0.0032%	4h	92.860	−0.136%	$7.3M	$2.3M	50x	as long as short
StandX CL-USD	+0.0040%	1h	92.430	−0.598%	$727K	$2.9M	40x	as long as short
Vest CL-PERP	+0.0046%	1h	92.900	−0.093%	—	$310K	10x	as long as short
Polymarket Perps WTIOIL-USD	+0.0050%	1h	92.889	−0.105%	$1.6M	$1.3M	20x	as long as short
SoDEX CL-USD	+0.0050%	1h	92.884	−0.110%	$2.1M	$61K	20x	as long as short
RISEx CL/USDClong	+0.0066%	1h	92.987	long leg	$3.2M	$2.8M	20x
Pacifica CL	+0.0100%	1h	92.815	−0.184%	$331K	$619K	10x	as long as short
ApeX Omni CLUSDT	+0.0100%	1h	92.980	−0.007%	$56K	$265K	50x	as long as short
Aevo WTIOIL-PERP	+0.0104%	1h	92.846	−0.151%	$4K	—	10x	as long as short
Kraken Futures PF_WTIOILUSD	+0.0105%	1h	92.901	−0.092%	$273K	$872K	25x	as long as short
BloFin CL-USDT	+0.0185%	4h	92.880	−0.115%	$4.0M	$1.1M	50x	as long as short
GMX WTIOIL/USD [ETH-USDC]	L +0.0207% / S −0.0131%	1h	92.885	−0.109%	$78K	—	111x	as long as short
Injective WTI/USDC PERP	+0.0220%	1h	101.95	+9.644%	$19K	$11K	30x	as long as short