CL

Alert: funding

Alert: spread

Funding you earn now, next payment 10:00 UTC−0.0120%/8h= −13.2% APRnext payment −$0.15 per $10,000 · paid last 24h −0.026%

Price spread now: Nado against StandX+0.036%7-day average +0.031% · 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−$30as in the Price arb table

costs, in and out, $10k−$300.302% of the position

Long on StandX Short on Nado

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)−0.078%−$8 on $10k

Price spread, last 7 days−0.053%−$5 · spread now +0.036%, 7d avg +0.031%

Together, before fees−0.131%+ Points / potential airdropStandX: Active · Nado: Active · farm board−$13 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.031%, 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	StandX CL-USD	90.730	0.0040	pay 0.0005% / 1h	14m 53s	$706K	$2.8M	40x
Short	Nado WTI-PERP	90.763	−0.0080	pay 0.0010% / 1h	14m 53s	$913K	$652K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Nado against StandX. 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 StandXbpFee NadobpOrdersPrice spread, now +0.036%Rate

Funding earned: −$25.27
Price spread: +0.036% → +0.031%: $0.5
Slippage, 4 orders: −$15.23
Fee StandX: 4 bp × 2 orders: −$8
Fee Nado: 3.5 bp × 2 orders: −$7
Net: −$55
Costs to cover: 0.302%
Break-even: never at this rate

Slippage from StandX: live order book, 2 min ago; Nado: live order book, 36 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 StandX live order book, 2 min ago	5.51 bp	9.5 bp −$10	10.0 bp −$100	doesn't fit	doesn't fit
Sell Nado live order book, 36 min ago	1.04 bp	5.4 bp −$5	8.7 bp −$87	35.5 bp −$3,553	doesn't fit

CL on 36 exchanges

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	−0.0411%	1h	90.730	0.000%	$182K	$424K	15x	as long as short
Kraken Futures PF_WTIOILUSD	−0.0364%	1h	90.733	+0.003%	$306K	$1.3M	25x	as long as short
Aster CLUSD1	−0.0166%	4h	90.782	+0.057%	$24.6M	$66.1M	20x	as long as short
Bitget CLUSDT	−0.0112%	4h	90.723	−0.008%	$41.2M	$48.9M	100x	as long as short
Binance CLUSDT	−0.0111%	4h	90.748	+0.020%	$246.0M	$1.09B	100x	as long as short
Variational Omni CL	−0.0084%	4h	90.686	−0.049%	$12.9M	$11.0M	—	as long as short
Nado WTI-PERPshort	−0.0080%	1h	90.763	+0.036%	$913K	$652K	10x
Extended WTI-USD	−0.0080%	1h	90.740	+0.011%	$1.4M	$13.6M	10x	as long as short
Ondo Perps WTI-USD.P	−0.0074%	1h	90.650	−0.088%	$3.5M	$5.7M	20x	as long as short
Gate CL_USDT	−0.0073%	8h	90.670	−0.066%	$23.1M	$53.8M	100x	as long as short

Show all 36 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
edgeX CLUSDC	−0.0067%	4h	90.858	+0.141%	$508K	$380K	30x	as long as short
tradeXYZ xyz:CL	−0.0059%	1h	90.739	+0.010%	$176.1M	$209.7M	20x	as long as short
GRVT CL_USDT_Perp	−0.0042%	4h	90.832	+0.113%	$70K	$615K	25x	as long as short
Aftermath Perps WTIUSD	−0.0030%	1h	90.902	+0.190%	$2K	$27K	5x	as long as short
OKX CL-USDT-SWAP	−0.0027%	4h	90.730	0.000%	$41.0M	$118.0M	50x	as long as short
QFEX CL-USD	−0.0023%	1h	90.710	−0.022%	$2.2M	$2.8M	10x	as long as short
gTrade (Gains Network) WTI/USD	L −0.0001% / S +0.0036%	1h	90.302	−0.472%	$1K	—	150x	as long as short
dYdX WTI-USD	0.0000%	1h	90.696	−0.038%	$8K	$3K	5x	as long as short
Bybit CLUSDT	0.0000%	8h	90.759	+0.032%	$26.9M	$95.9M	150x	as long as short
RISEx CL/USDC	0.0000%	1h	90.751	+0.023%	$2.9M	$3.0M	20x	as long as short
Bullet WTIOIL-USD	0.0000%	1h	90.755	+0.028%	$17K	$237K	10x	as long as short
Coinbase International WTIOIL-PERP-INTX	+0.0008%	1h	90.660	−0.077%	$419K	$1.1M	15x	as long as short
Paradex CL-USD-PERP	+0.0015%	8h	90.684	−0.051%	$15K	$367	5x	as long as short
Lighter WTI	+0.0024%	1h	90.728	−0.002%	$11.1M	$9.5M	20x	as long as short
Injective WTI/USDC PERP	+0.0033%	1h	100.27	+10.513%	$19K	$5K	30x	as long as short
StandX CL-USDlong	+0.0040%	1h	90.730	long leg	$706K	$2.8M	40x
Vest CL-PERP	+0.0046%	1h	90.710	−0.022%	—	$313K	10x	as long as short
Polymarket Perps WTIOIL-USD	+0.0050%	1h	90.698	−0.035%	$1.6M	$1.3M	20x	as long as short
SoDEX CL-USD	+0.0050%	1h	90.770	+0.044%	$2.0M	$81K	20x	as long as short
Phoenix WTIOIL	+0.0053%	1h	90.890	+0.176%	$36K	$37K	20x	as long as short
Pacifica CL	+0.0100%	1h	90.714	−0.018%	$313K	$709K	10x	as long as short
KuCoin CLUSDTM	+0.0100%	4h	90.733	+0.003%	$6.8M	$2.8M	50x	as long as short
ApeX Omni CLUSDT	+0.0100%	1h	90.830	+0.110%	$53K	$266K	50x	as long as short
Aevo WTIOIL-PERP	+0.0104%	1h	90.735	+0.005%	$4K	—	10x	as long as short
BloFin CL-USDT	+0.0216%	4h	90.710	−0.022%	$3.9M	$1.0M	50x	as long as short
GMX WTIOIL/USD [ETH-USDC]	L +0.0250% / S −0.0172%	1h	90.675	−0.061%	$81K	—	111x	as long as short