CL

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC+0.0055%/8h= +6.0% APRnext payment +$0.07 per $10,000 · paid last 24h −0.036%

Price spread now: Kraken Futures against SoDEX+0.020%7-day average +0.020% · 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−$58as in the Price arb table

costs, in and out, $10k−$580.582% of the position

Long on SoDEX Short on Kraken Futures

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.029%−$3 on $10k

Price spread, last 4 days (all we have)+0.004%$0 · spread now +0.020%, 7d avg +0.020%

Together, before fees−0.025%−$2 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.020%, so right now this pair is about funding alone: +$2 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SoDEX CL-USD	92.837	0.0050	pay 0.0006% / 1h	24m 01s	$2.1M	$61K	20x
Short	Kraken Futures PF_WTIOILUSD	92.855	0.0105	get 0.0013% / 1h	24m 01s	$273K	$872K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Kraken Futures 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 Kraken FuturesbpOrdersPrice spread, now +0.020%Rate

Funding earned: $11.51
Price spread: +0.020% → +0.020%: $0
Slippage, 4 orders: −$40.23
Fee SoDEX: 4 bp × 2 orders: −$8
Fee Kraken Futures: 5 bp × 2 orders: −$10
Net: −$46.72
Costs to cover: 0.582%
Break-even: 35.4 days

Slippage from SoDEX: live order book, 5 min ago; Kraken Futures: live order book, 44 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, 5 min ago	0.54 bp	19.9 bp −$20	85.1 bp −$851	doesn't fit	doesn't fit
Sell Kraken Futures live order book, 44 min ago	3.23 bp	8.8 bp −$9	22.0 bp −$220	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	−0.0504%	1h	92.820	−0.018%	$198K	$369K	15x	as long as short
Aster CLUSD1	−0.0252%	4h	92.870	+0.036%	$23.9M	$68.3M	20x	as long as short
GRVT CL_USDT_Perp	−0.0236%	4h	92.878	+0.044%	$61K	$625K	25x	as long as short
Binance CLUSDT	−0.0207%	4h	92.876	+0.042%	$244.6M	$952.5M	100x	as long as short
Variational Omni CL	−0.0202%	4h	92.856	+0.020%	$13.6M	$11.1M	—	as long as short
Ondo Perps WTI-USD.P	−0.0167%	1h	92.760	−0.083%	$3.5M	$5.6M	20x	as long as short
Nado WTI-PERP	−0.0154%	1h	92.866	+0.031%	$961K	$660K	10x	as long as short
Gate CL_USDT	−0.0087%	8h	92.790	−0.051%	$20.9M	$52.6M	100x	as long as short
edgeX CLUSDC	−0.0079%	4h	92.903	+0.071%	$529K	$301K	30x	as long as short
tradeXYZ xyz:CL	−0.0067%	1h	92.854	+0.018%	$184.6M	$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	−0.0059%	4h	92.860	+0.025%	$42.8M	$102.1M	50x	as long as short
Aftermath Perps WTIUSD	−0.0050%	1h	92.872	+0.037%	$2K	$27K	5x	as long as short
Extended WTI-USD	−0.0040%	1h	92.870	+0.036%	$2.1M	$22.6M	10x	as long as short
Coinbase International WTIOIL-PERP-INTX	−0.0040%	1h	92.750	−0.094%	$402K	$944K	15x	as long as short
QFEX CL-USD	−0.0032%	1h	92.780	−0.061%	$2.5M	$1.7M	10x	as long as short
Lighter WTI	0.0000%	1h	92.849	+0.013%	$11.2M	$10.4M	20x	as long as short
dYdX WTI-USD	0.0000%	1h	92.845	+0.008%	$8K	$3K	5x	as long as short
Bybit CLUSDT	0.0000%	8h	92.890	+0.057%	$26.7M	$81.2M	150x	as long as short
Bitget CLUSDT	0.0000%	4h	92.891	+0.058%	$41.9M	$43.3M	100x	as long as short
Phoenix WTIOIL	0.0000%	1h	92.910	+0.079%	$37K	$42K	20x	as long as short
Bullet WTIOIL-USD	0.0000%	1h	92.829	−0.009%	$19K	$241K	10x	as long as short
gTrade (Gains Network) WTI/USD	L 0.0000% / S +0.0036%	1h	92.410	−0.460%	$5K	—	150x	as long as short
Paradex CL-USD-PERP	+0.0017%	8h	92.797	−0.043%	$16K	$367	5x	as long as short
KuCoin CLUSDTM	+0.0030%	4h	92.860	+0.025%	$7.3M	$2.3M	50x	as long as short
StandX CL-USD	+0.0040%	1h	92.430	−0.438%	$727K	$2.9M	40x	as long as short
Vest CL-PERP	+0.0046%	1h	92.850	+0.014%	—	$310K	10x	as long as short
Polymarket Perps WTIOIL-USD	+0.0050%	1h	92.814	−0.025%	$1.6M	$1.3M	20x	as long as short
SoDEX CL-USDlong	+0.0050%	1h	92.837	long leg	$2.1M	$61K	20x
RISEx CL/USDC	+0.0066%	1h	92.903	+0.071%	$3.1M	$2.9M	20x	as long as short
Pacifica CL	+0.0100%	1h	92.815	−0.024%	$331K	$619K	10x	as long as short
ApeX Omni CLUSDT	+0.0100%	1h	92.980	+0.154%	$56K	$265K	50x	as long as short
Aevo WTIOIL-PERP	+0.0104%	1h	92.813	−0.026%	$4K	—	10x	as long as short
Kraken Futures PF_WTIOILUSDshort	+0.0105%	1h	92.855	+0.020%	$273K	$872K	25x
BloFin CL-USDT	+0.0185%	4h	92.880	+0.046%	$4.0M	$1.1M	50x	as long as short
GMX WTIOIL/USD [ETH-USDC]	L +0.0207% / S −0.0131%	1h	92.845	+0.009%	$78K	—	111x	as long as short
Injective WTI/USDC PERP	+0.0220%	1h	101.95	+9.820%	$19K	$11K	30x	as long as short