CL

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC−0.0145%/8h= −15.9% APRnext payment −$0.18 per $10,000 · paid last 24h −0.006%

Price spread now: Ondo Perps against Bullet−0.052%7-day average −0.049% · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Bullet Short on Ondo Perps

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 4 days (all we have)−0.012%−$1 · spread now −0.052%, 7d avg −0.049%

Together, before fees+0.058%+ Points / potential airdropOndo Perps: Active · farm board+$6 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.049%, so right now this pair is about funding alone: −$4 a day on $10k at the current rate. Mind the row above: over the last 3 days funding on this pair paid +0.070%, 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	Bullet WTIOIL-USD	93.359	0	get 0.0000% / 1h	45m 12s	$18K	$241K	10x
Short	Ondo Perps WTI-USD.P	93.310	−0.0145	pay 0.0018% / 1h	45m 12s	$3.5M	$5.4M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Ondo Perps against Bullet. 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 BulletbpFee Ondo PerpsbpOrdersPrice spread, now −0.052%Rate

Funding earned: −$30.41
Price spread: −0.052% → −0.049%: −$0.4
Slippage, 4 orders: no order book: not counted
Fee Bullet: 4 bp × 2 orders: −$8
Fee Ondo Perps: 2.5 bp × 2 orders: −$5
Net: −$43.8
Costs to cover: 0.130%
Break-even: never at this rate

Slippage unknown: Bullet: live order book, 4 min ago; Ondo Perps: no order-book sample. Net counts fees only.

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 Bullet live order book, 4 min ago	1.55 bp	8.9 bp −$9	17.6 bp −$176	doesn't fit	doesn't fit
Sell Ondo Perps no order-book sample	—	—	—	—	—

Ondo Perps: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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	−0.0606%	1h	93.330	−0.031%	$197K	$372K	15x	as long as short
GRVT CL_USDT_Perp	−0.0344%	4h	93.337	−0.023%	$58K	$649K	25x	as long as short
Aster CLUSD1	−0.0301%	4h	93.390	+0.033%	$24.4M	$66.4M	20x	as long as short
Kraken Futures PF_WTIOILUSD	−0.0204%	1h	93.369	+0.011%	$283K	$961K	25x	as long as short
Binance CLUSDT	−0.0196%	4h	93.363	+0.004%	$246.7M	$934.8M	100x	as long as short
Variational Omni CL	−0.0184%	4h	93.329	−0.033%	$13.3M	$10.9M	—	as long as short
Ondo Perps WTI-USD.Pshort	−0.0145%	1h	93.310	−0.052%	$3.5M	$5.4M	20x
Aftermath Perps WTIUSD	−0.0142%	1h	93.325	−0.036%	$2K	$26K	5x	as long as short
Bitget CLUSDT	−0.0134%	4h	93.349	−0.011%	$42.1M	$43.0M	100x	as long as short
Nado WTI-PERP	−0.0127%	1h	93.406	+0.050%	$967K	$619K	10x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Gate CL_USDT	−0.0073%	8h	93.320	−0.042%	$21.6M	$49.3M	100x	as long as short
tradeXYZ xyz:CL	−0.0069%	1h	93.352	−0.008%	$184.5M	$215.5M	20x	as long as short
OKX CL-USDT-SWAP	−0.0066%	4h	93.360	+0.001%	$42.6M	$102.6M	50x	as long as short
Coinbase International WTIOIL-PERP-INTX	−0.0040%	1h	93.160	−0.213%	$403K	$929K	15x	as long as short
QFEX CL-USD	−0.0032%	1h	93.340	−0.020%	$2.3M	$2.2M	10x	as long as short
Paradex CL-USD-PERP	−0.0009%	8h	93.344	−0.016%	$16K	$367	5x	as long as short
edgeX CLUSDC	−0.0005%	4h	93.349	−0.011%	$525K	$307K	30x	as long as short
Lighter WTI	0.0000%	1h	93.362	+0.003%	$11.2M	$9.9M	20x	as long as short
dYdX WTI-USD	0.0000%	1h	93.329	−0.032%	$8K	$3K	5x	as long as short
Bybit CLUSDT	0.0000%	8h	93.374	+0.016%	$27.1M	$79.7M	150x	as long as short
RISEx CL/USDC	0.0000%	1h	93.413	+0.057%	$3.1M	$2.9M	20x	as long as short
Phoenix WTIOIL	0.0000%	1h	93.390	+0.033%	$37K	$41K	20x	as long as short
Bullet WTIOIL-USDlong	0.0000%	1h	93.359	long leg	$18K	$241K	10x
gTrade (Gains Network) WTI/USD	L 0.0000% / S +0.0036%	1h	92.916	−0.475%	$5K	—	150x	as long as short
Extended WTI-USD	+0.0032%	1h	93.400	+0.044%	$2.0M	$17.8M	10x	as long as short
KuCoin CLUSDTM	+0.0038%	4h	93.371	+0.013%	$7.1M	$2.4M	50x	as long as short
StandX CL-USD	+0.0040%	1h	93.330	−0.031%	$738K	$2.9M	40x	as long as short
Vest CL-PERP	+0.0046%	1h	93.360	+0.001%	—	$313K	10x	as long as short
Pacifica CL	+0.0047%	1h	93.356	−0.003%	$332K	$576K	10x	as long as short
Polymarket Perps WTIOIL-USD	+0.0050%	1h	93.346	−0.014%	$1.7M	$1.3M	20x	as long as short
SoDEX CL-USD	+0.0050%	1h	93.360	+0.001%	$2.1M	$60K	20x	as long as short
ApeX Omni CLUSDT	+0.0100%	1h	93.360	+0.001%	$54K	$267K	50x	as long as short
Aevo WTIOIL-PERP	+0.0104%	1h	93.324	−0.037%	$4K	—	10x	as long as short
BloFin CL-USDT	+0.0174%	4h	93.340	−0.020%	$4.0M	$983K	50x	as long as short
Injective WTI/USDC PERP	+0.0220%	1h	102.57	+9.868%	$19K	$11K	30x	as long as short
GMX WTIOIL/USD [ETH-USDC]	L +0.0233% / S −0.0165%	1h	93.355	−0.004%	$84K	—	111x	as long as short