CL

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC−0.0140%/8h= −15.4% APRnext payment −$0.18 per $10,000 · paid last 24h −0.029%

Price spread now: tradeXYZ against RISEx−0.045%7-day average −0.060% · 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−$27as in the Price arb table

costs, in and out, $10k−$280.283% of the position

Long on RISEx Short on tradeXYZ

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)−0.116%−$12 on $10k

Price spread, last 7 days−0.025%−$3 · spread now −0.045%, 7d avg −0.060%

Together, before fees−0.141%+ Points / potential airdroptradeXYZ: Active · farm board−$14 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.060%, 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	RISEx CL/USDC	93.128	0.0066	pay 0.0008% / 1h	0m 03s	$3.1M	$2.9M	20x
Short	tradeXYZ xyz:CL	93.086	−0.0074	pay 0.0009% / 1h	0m 03s	$185.3M	$217.4M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

tradeXYZ 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 tradeXYZbpOrdersPrice spread, now −0.045%Rate

Funding earned: −$29.49
Price spread: −0.045% → −0.060%: $1.51
Slippage, 4 orders: −$4.34
Fee RISEx: 3 bp × 2 orders: −$6
Fee tradeXYZ: 9 bp × 2 orders: −$18
Net: −$56.32
Costs to cover: 0.283%
Break-even: never at this rate

Slippage from RISEx: live order book, 4 min ago; tradeXYZ: live order book, 10 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	1.56 bp	4.6 bp −$5	6.1 bp −$61	doesn't fit	doesn't fit
Sell tradeXYZ live order book, 10 min ago	0.22 bp	9.2 bp −$9	9.8 bp −$98	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-PERPETUAL	−0.0609%	1h	93.030	−0.105%	$199K	$369K	15x	as long as short
Aster CLUSD1	−0.0263%	4h	93.090	−0.040%	$24.0M	$68.2M	20x	as long as short
GRVT CL_USDT_Perp	−0.0248%	4h	93.052	−0.082%	$54K	$635K	25x	as long as short
Binance CLUSDT	−0.0206%	4h	93.090	−0.040%	$244.8M	$953.7M	100x	as long as short
Variational Omni CL	−0.0197%	4h	92.966	−0.174%	$13.5M	$11.2M	—	as long as short
Ondo Perps WTI-USD.P	−0.0163%	1h	92.960	−0.180%	$3.5M	$5.6M	20x	as long as short
Nado WTI-PERP	−0.0140%	1h	93.101	−0.029%	$963K	$653K	10x	as long as short
OKX CL-USDT-SWAP	−0.0082%	4h	93.090	−0.040%	$42.6M	$102.9M	50x	as long as short
Extended WTI-USD	−0.0080%	1h	93.110	−0.019%	$2.1M	$21.9M	10x	as long as short
tradeXYZ xyz:CLshort	−0.0074%	1h	93.086	−0.045%	$185.3M	$217.4M	20x

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aftermath Perps WTIUSD	−0.0066%	1h	93.030	−0.105%	$2K	$27K	5x	as long as short
Gate CL_USDT	−0.0060%	8h	93.030	−0.105%	$20.9M	$53.4M	100x	as long as short
edgeX CLUSDC	−0.0047%	4h	92.984	−0.154%	$529K	$302K	30x	as long as short
Bitget CLUSDT	−0.0040%	4h	93.079	−0.052%	$42.0M	$43.6M	100x	as long as short
Coinbase International WTIOIL-PERP-INTX	−0.0040%	1h	92.750	−0.405%	$402K	$944K	15x	as long as short
QFEX CL-USD	−0.0032%	1h	93.020	−0.116%	$2.5M	$1.7M	10x	as long as short
Lighter WTI	0.0000%	1h	93.069	−0.063%	$11.2M	$10.6M	20x	as long as short
dYdX WTI-USD	0.0000%	1h	93.019	−0.117%	$8K	$3K	5x	as long as short
Bybit CLUSDT	0.0000%	8h	93.101	−0.029%	$26.8M	$81.0M	150x	as long as short
Phoenix WTIOIL	0.0000%	1h	93.050	−0.083%	$37K	$42K	20x	as long as short
Bullet WTIOIL-USD	0.0000%	1h	93.078	−0.053%	$18K	$241K	10x	as long as short
gTrade (Gains Network) WTI/USD	L 0.0000% / S +0.0036%	1h	92.634	−0.530%	$5K	—	150x	as long as short
KuCoin CLUSDTM	+0.0006%	4h	93.079	−0.052%	$7.1M	$2.4M	50x	as long as short
Paradex CL-USD-PERP	+0.0011%	8h	93.016	−0.120%	$16K	$367	5x	as long as short
StandX CL-USD	+0.0040%	1h	93.010	−0.126%	$734K	$2.9M	40x	as long as short
Vest CL-PERP	+0.0046%	1h	93.080	−0.051%	—	$310K	10x	as long as short
Polymarket Perps WTIOIL-USD	+0.0050%	1h	93.078	−0.053%	$1.6M	$1.2M	20x	as long as short
SoDEX CL-USD	+0.0050%	1h	93.071	−0.061%	$2.1M	$60K	20x	as long as short
RISEx CL/USDClong	+0.0066%	1h	93.128	long leg	$3.1M	$2.9M	20x
Pacifica CL	+0.0100%	1h	93.037	−0.098%	$331K	$619K	10x	as long as short
ApeX Omni CLUSDT	+0.0100%	1h	93.000	−0.137%	$56K	$266K	50x	as long as short
Aevo WTIOIL-PERP	+0.0104%	1h	93.034	−0.101%	$4K	—	10x	as long as short
Kraken Futures PF_WTIOILUSD	+0.0105%	1h	93.099	−0.031%	$274K	$871K	25x	as long as short
BloFin CL-USDT	+0.0158%	4h	93.000	−0.137%	$4.1M	$1.1M	50x	as long as short
GMX WTIOIL/USD [ETH-USDC]	L +0.0209% / S −0.0134%	1h	93.075	−0.057%	$79K	—	111x	as long as short
Injective WTI/USDC PERP	+0.0220%	1h	102.10	+9.632%	$19K	$11K	30x	as long as short