CL

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC+0.0050%/8h= +5.5% APRnext payment +$0.06 per $10,000 · paid last 24h −0.001%

Price spread now: SoDEX against RISEx−0.197%7-day average −0.062% · 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−$58as in the Price arb table

costs, in and out, $10k−$440.442% of the position

Long on RISEx Short on SoDEX

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.070%−$7 on $10k

Price spread, last 3 days (all we have)+0.076%+$8 · spread now −0.197%, 7d avg −0.062%

Together, before fees+0.007%+$1 on $10k · with fees, hour by hour

Funding pays, the price is against you. SoDEX is 0.134% cheaper against RISEx than usual: you would sell low and buy high (spread −0.197% now, against its 7-day average of −0.062%). If the spread goes back, that is −$13 on $10k: about 8.9 days of funding at the current rate (+$2 a day). Mind the row above: over the last 3 days funding on this pair cost −0.070%, so the current rate has only just turned in your favour.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	RISEx CL/USDC	92.851	0	get 0.0000% / 1h	0m 19s	$3.3M	$2.7M	20x
Short	SoDEX CL-USD	92.668	0.0050	get 0.0006% / 1h	0m 19s	$2.1M	$59K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SoDEX 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 SoDEXbpOrdersPrice spread, now −0.197%Rate

Funding earned: $10.5
Price spread: −0.197% → −0.062%: −$13.41
Slippage, 4 orders: −$30.24
Fee RISEx: 3 bp × 2 orders: −$6
Fee SoDEX: 4 bp × 2 orders: −$8
Net: −$47.15
Costs to cover: 0.442%
Break-even: 38.4 days

Slippage from RISEx: live order book, 4 min ago; SoDEX: live order book, 4 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, 4 min ago	0.22 bp	3.2 bp −$3	4.0 bp −$40	doesn't fit	doesn't fit
Sell SoDEX live order book, 4 min ago	0.54 bp	18.9 bp −$19	96.5 bp −$965	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
GRVT CL_USDT_Perp	−0.0346%	4h	92.649	−0.217%	$58K	$630K	25x	as long as short
Aster CLUSD1	−0.0339%	4h	92.740	−0.118%	$24.0M	$75.0M	20x	as long as short
Binance CLUSDT	−0.0283%	4h	92.720	−0.140%	$244.6M	$1.02B	100x	as long as short
Variational Omni CL	−0.0273%	4h	92.659	−0.206%	$13.3M	$11.4M	—	as long as short
Gate CL_USDT	−0.0187%	8h	92.650	−0.216%	$21.3M	$55.7M	100x	as long as short
Deribit WTIOIL_USDC-PERPETUAL	−0.0181%	1h	92.670	−0.194%	$123K	$274K	15x	as long as short
Kraken Futures PF_WTIOILUSD	−0.0120%	1h	92.695	−0.168%	$275K	$912K	25x	as long as short
Ondo Perps WTI-USD.P	−0.0051%	1h	92.670	−0.194%	$3.5M	$5.9M	20x	as long as short
Nado WTI-PERP	−0.0050%	1h	92.782	−0.073%	$935K	$701K	10x	as long as short
Coinbase International WTIOIL-PERP-INTX	−0.0040%	1h	92.030	−0.884%	$399K	$956K	15x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
QFEX CL-USD	−0.0040%	1h	92.710	−0.151%	$2.5M	$1.7M	10x	as long as short
tradeXYZ xyz:CL	−0.0030%	1h	92.712	−0.149%	$186.3M	$233.8M	20x	as long as short
OKX CL-USDT-SWAP	−0.0004%	4h	92.720	−0.141%	$42.9M	$108.5M	50x	as long as short
dYdX WTI-USD	0.0000%	1h	92.742	−0.117%	$8K	$3K	5x	as long as short
Bybit CLUSDT	0.0000%	8h	92.729	−0.131%	$26.4M	$87.5M	150x	as long as short
RISEx CL/USDClong	0.0000%	1h	92.851	long leg	$3.3M	$2.7M	20x
Bitget CLUSDT	0.0000%	4h	92.727	−0.133%	$42.2M	$47.9M	100x	as long as short
Phoenix WTIOIL	0.0000%	1h	92.740	−0.119%	$37K	$66K	20x	as long as short
Bullet WTIOIL-USD	0.0000%	1h	92.714	−0.147%	$19K	$239K	10x	as long as short
gTrade (Gains Network) WTI/USD	L 0.0000% / S +0.0036%	1h	92.271	−0.624%	$5K	—	150x	as long as short
Extended WTI-USD	+0.0008%	1h	92.760	−0.097%	$2.3M	$25.5M	10x	as long as short
Paradex CL-USD-PERP	+0.0012%	8h	92.701	−0.161%	$15K	$367	5x	as long as short
Lighter WTI	+0.0024%	1h	92.674	−0.190%	$11.2M	$10.3M	20x	as long as short
edgeX CLUSDC	+0.0035%	4h	92.691	−0.172%	$533K	$300K	30x	as long as short
StandX CL-USD	+0.0040%	1h	92.360	−0.528%	$722K	$3.1M	40x	as long as short
Vest CL-PERP	+0.0046%	1h	92.720	−0.141%	—	$310K	10x	as long as short
Polymarket Perps WTIOIL-USD	+0.0050%	1h	92.735	−0.124%	$1.6M	$1.4M	20x	as long as short
SoDEX CL-USDshort	+0.0050%	1h	92.668	−0.197%	$2.1M	$59K	20x
KuCoin CLUSDTM	+0.0078%	4h	92.737	−0.122%	$7.2M	$2.3M	50x	as long as short
Pacifica CL	+0.0100%	1h	92.699	−0.163%	$354K	$605K	10x	as long as short
ApeX Omni CLUSDT	+0.0100%	1h	92.780	−0.076%	$56K	$265K	50x	as long as short
Aevo WTIOIL-PERP	+0.0104%	1h	92.687	−0.176%	$4K	—	10x	as long as short
Aftermath Perps WTIUSD	+0.0118%	1h	92.704	−0.158%	$2K	$28K	5x	as long as short
GMX WTIOIL/USD [ETH-USDC]	L +0.0206% / S −0.0131%	1h	92.715	−0.146%	$78K	—	111x	as long as short
Injective WTI/USDC PERP	+0.0220%	1h	101.69	+9.520%	$19K	$11K	30x	as long as short
BloFin CL-USDT	+0.0238%	4h	92.660	−0.205%	$4.0M	$1.2M	50x	as long as short