CL

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC−0.0018%/8h= −2.0% APRnext payment −$0.02 per $10,000 · paid last 24h −0.006%

Price spread now: Extended against SoDEX+0.048%7-day average +0.006% · you sell dearer than you buy

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$41as in the Price arb table

costs, in and out, $10k−$450.453% of the position

Long on SoDEX Short on Extended

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.134%+$13 on $10k

Price spread, last 3 days (all we have)−0.015%−$2 · spread now +0.048%, 7d avg +0.006%

Together, before fees+0.119%+ Points / potential airdropExtended: Active · farm board+$12 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Extended is 0.042% dearer against SoDEX than usual: you sell high and buy low (spread +0.048% now, against its 7-day average of +0.006%): +$4 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 7.8 days. Mind the row above: over the last 3 days funding on this pair paid +0.134%, so the current rate has only just turned against you.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SoDEX CL-USD	92.885	0.0050	pay 0.0006% / 1h	47m 56s	$2.1M	$61K	20x
Short	Extended WTI-USD	92.930	0.0032	get 0.0004% / 1h	47m 56s	$2.1M	$23.3M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Extended against SoDEX. 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 SoDEXbpFee ExtendedbpOrdersPrice spread, now +0.048%Rate

Funding earned: −$3.78
Price spread: +0.048% → +0.006%: $4.23
Slippage, 4 orders: −$32.34
Fee SoDEX: 4 bp × 2 orders: −$8
Fee Extended: 2.5 bp × 2 orders: −$5
Net: −$44.88
Costs to cover: 0.453%
Break-even: never at this rate

Slippage from SoDEX: live order book, 1 min ago; Extended: live order book, 1 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 SoDEX live order book, 1 min ago	0.54 bp	19.7 bp −$20	85.0 bp −$850	doesn't fit	doesn't fit
Sell Extended live order book, 1 min ago	0.11 bp	2.9 bp −$3	6.1 bp −$61	25.0 bp −$2,502	doesn't fit

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
Deribit WTIOIL_USDC-PERPETUAL	−0.0718%	1h	92.850	−0.038%	$198K	$369K	15x	as long as short
Aster CLUSD1	−0.0238%	4h	92.899	+0.016%	$24.0M	$70.3M	20x	as long as short
GRVT CL_USDT_Perp	−0.0208%	4h	92.953	+0.073%	$61K	$633K	25x	as long as short
Binance CLUSDT	−0.0206%	4h	92.884	−0.001%	$244.5M	$957.4M	100x	as long as short
Variational Omni CL	−0.0200%	4h	92.927	+0.045%	$13.5M	$11.1M	—	as long as short
Ondo Perps WTI-USD.P	−0.0138%	1h	92.820	−0.070%	$3.5M	$5.7M	20x	as long as short
Nado WTI-PERP	−0.0125%	1h	92.945	+0.064%	$962K	$668K	10x	as long as short
Gate CL_USDT	−0.0099%	8h	92.840	−0.048%	$20.9M	$52.2M	100x	as long as short
tradeXYZ xyz:CL	−0.0052%	1h	92.895	+0.011%	$184.8M	$218.5M	20x	as long as short
Coinbase International WTIOIL-PERP-INTX	−0.0040%	1h	92.750	−0.145%	$402K	$944K	15x	as long as short

Show all 35 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
QFEX CL-USD	−0.0032%	1h	92.860	−0.027%	$2.5M	$1.7M	10x	as long as short
Aftermath Perps WTIUSD	−0.0021%	1h	92.889	+0.004%	$2K	$28K	5x	as long as short
OKX CL-USDT-SWAP	−0.0012%	4h	92.870	−0.016%	$42.8M	$102.5M	50x	as long as short
edgeX CLUSDC	−0.0008%	4h	92.823	−0.067%	$529K	$302K	30x	as long as short
dYdX WTI-USD	0.0000%	1h	92.917	+0.034%	$8K	$3K	5x	as long as short
Bybit CLUSDT	0.0000%	8h	92.903	+0.019%	$26.9M	$81.0M	150x	as long as short
Bitget CLUSDT	0.0000%	4h	92.887	+0.002%	$41.9M	$43.4M	100x	as long as short
Phoenix WTIOIL	0.0000%	1h	92.880	−0.005%	$37K	$42K	20x	as long as short
Bullet WTIOIL-USD	0.0000%	1h	92.890	+0.005%	$18K	$242K	10x	as long as short
gTrade (Gains Network) WTI/USD	L 0.0000% / S +0.0036%	1h	92.454	−0.464%	$5K	—	150x	as long as short
Lighter WTI	+0.0008%	1h	92.897	+0.013%	$11.2M	$10.3M	20x	as long as short
Extended WTI-USDshort	+0.0032%	1h	92.930	+0.048%	$2.1M	$23.3M	10x
Paradex CL-USD-PERP	+0.0034%	8h	92.865	−0.021%	$16K	$367	5x	as long as short
StandX CL-USD	+0.0040%	1h	92.440	−0.479%	$727K	$2.9M	40x	as long as short
Vest CL-PERP	+0.0046%	1h	92.910	+0.027%	—	$310K	10x	as long as short
Polymarket Perps WTIOIL-USD	+0.0050%	1h	92.897	+0.013%	$1.6M	$1.3M	20x	as long as short
SoDEX CL-USDlong	+0.0050%	1h	92.885	long leg	$2.1M	$61K	20x
RISEx CL/USDC	+0.0066%	1h	92.999	+0.122%	$3.3M	$2.7M	20x	as long as short
KuCoin CLUSDTM	+0.0072%	4h	92.895	+0.011%	$7.3M	$2.3M	50x	as long as short
Pacifica CL	+0.0100%	1h	92.887	+0.002%	$332K	$618K	10x	as long as short
ApeX Omni CLUSDT	+0.0100%	1h	92.940	+0.059%	$56K	$266K	50x	as long as short
Aevo WTIOIL-PERP	+0.0104%	1h	92.854	−0.034%	$4K	—	10x	as long as short
Kraken Futures PF_WTIOILUSD	+0.0105%	1h	92.886	+0.001%	$273K	$881K	25x	as long as short
GMX WTIOIL/USD [ETH-USDC]	L +0.0207% / S −0.0131%	1h	92.885	0.000%	$78K	—	111x	as long as short
Injective WTI/USDC PERP	+0.0220%	1h	102.15	+9.971%	$19K	$11K	30x	as long as short