CL

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC+0.0050%/8h= +5.5% APRnext payment +$0.06 per $10,000 · paid last 24h +0.016%

Price spread now: SoDEX against Bullet+0.019%7-day average −0.019% · 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−$47as in the Price arb table

costs, in and out, $10k−$500.505% of the position

Long on Bullet Short on SoDEX

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.046%+$5 on $10k

Price spread, last 3 days (all we have)−0.107%−$11 · spread now +0.019%, 7d avg −0.019%

Together, before fees−0.061%−$6 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and SoDEX is 0.038% dearer against Bullet than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of −0.019%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bullet WTIOIL-USD	92.600	0	get 0.0000% / 1h	22m 50s	$19K	$240K	10x
Short	SoDEX CL-USD	92.618	0.0050	get 0.0006% / 1h	22m 50s	$2.0M	$39K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SoDEX 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 SoDEXbpOrdersPrice spread, now +0.019%Rate

Funding earned: $10.5
Price spread: +0.019% → −0.019%: $3.81
Slippage, 4 orders: −$34.49
Fee Bullet: 4 bp × 2 orders: −$8
Fee SoDEX: 4 bp × 2 orders: −$8
Net: −$36.18
Costs to cover: 0.505%
Break-even: 31.1 days

Slippage from Bullet: live order book, 51 min ago; SoDEX: 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 Bullet live order book, 51 min ago	0.54 bp	6.3 bp −$6	17.2 bp −$172	doesn't fit	doesn't fit
Sell SoDEX live order book, 1 min ago	0.54 bp	18.8 bp −$19	86.2 bp −$862	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	−0.0398%	1h	92.600	0.000%	$123K	$275K	15x	as long as short
GRVT CL_USDT_Perp	−0.0346%	4h	92.524	−0.082%	$58K	$693K	25x	as long as short
Aster CLUSD1	−0.0333%	4h	92.629	+0.031%	$24.0M	$78.4M	20x	as long as short
Binance CLUSDT	−0.0273%	4h	92.620	+0.022%	$245.3M	$1.06B	100x	as long as short
Variational Omni CL	−0.0265%	4h	92.480	−0.130%	$13.1M	$12.2M	—	as long as short
Gate CL_USDT	−0.0209%	8h	92.550	−0.054%	$21.3M	$55.2M	100x	as long as short
Kraken Futures PF_WTIOILUSD	−0.0120%	1h	92.629	+0.031%	$274K	$1.1M	25x	as long as short
Nado WTI-PERP	−0.0064%	1h	92.638	+0.041%	$933K	$732K	10x	as long as short
Ondo Perps WTI-USD.P	−0.0048%	1h	92.530	−0.076%	$3.5M	$6.1M	20x	as long as short
Coinbase International WTIOIL-PERP-INTX	−0.0040%	1h	92.030	−0.616%	$399K	$959K	15x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
QFEX CL-USD	−0.0040%	1h	92.570	−0.032%	$2.4M	$2.1M	10x	as long as short
tradeXYZ xyz:CL	−0.0025%	1h	92.616	+0.017%	$186.7M	$235.9M	20x	as long as short
Paradex CL-USD-PERP	−0.0004%	8h	92.567	−0.036%	$15K	$367	5x	as long as short
dYdX WTI-USD	0.0000%	1h	92.657	+0.061%	$8K	$3K	5x	as long as short
Bybit CLUSDT	0.0000%	8h	92.639	+0.042%	$26.4M	$92.1M	150x	as long as short
OKX CL-USDT-SWAP	0.0000%	4h	92.610	+0.011%	$43.0M	$111.4M	50x	as long as short
RISEx CL/USDC	0.0000%	1h	92.712	+0.121%	$3.3M	$2.8M	20x	as long as short
Bitget CLUSDT	0.0000%	4h	92.612	+0.013%	$42.1M	$50.7M	100x	as long as short
Phoenix WTIOIL	0.0000%	1h	92.600	0.000%	$37K	$66K	20x	as long as short
Bullet WTIOIL-USDlong	0.0000%	1h	92.600	long leg	$19K	$240K	10x
gTrade (Gains Network) WTI/USD	L 0.0000% / S +0.0036%	1h	92.173	−0.461%	$5K	—	150x	as long as short
Lighter WTI	+0.0016%	1h	92.619	+0.021%	$11.2M	$10.1M	20x	as long as short
Extended WTI-USD	+0.0032%	1h	92.670	+0.076%	$2.3M	$26.7M	10x	as long as short
StandX CL-USD	+0.0040%	1h	92.400	−0.216%	$723K	$3.1M	40x	as long as short
edgeX CLUSDC	+0.0041%	4h	92.545	−0.060%	$532K	$299K	30x	as long as short
Vest CL-PERP	+0.0046%	1h	92.610	+0.011%	—	$310K	10x	as long as short
Polymarket Perps WTIOIL-USD	+0.0050%	1h	92.593	−0.008%	$1.6M	$1.4M	20x	as long as short
SoDEX CL-USDshort	+0.0050%	1h	92.618	+0.019%	$2.0M	$39K	20x
Pacifica CL	+0.0100%	1h	92.589	−0.012%	$356K	$603K	10x	as long as short
KuCoin CLUSDTM	+0.0100%	4h	92.637	+0.040%	$7.2M	$2.4M	50x	as long as short
ApeX Omni CLUSDT	+0.0100%	1h	92.560	−0.043%	$56K	$265K	50x	as long as short
Aevo WTIOIL-PERP	+0.0104%	1h	92.580	−0.022%	$4K	—	10x	as long as short
GMX WTIOIL/USD [ETH-USDC]	L +0.0206% / S −0.0131%	1h	92.615	+0.016%	$78K	—	111x	as long as short
Aftermath Perps WTIUSD	+0.0217%	1h	92.542	−0.063%	$2K	$28K	5x	as long as short
Injective WTI/USDC PERP	+0.0220%	1h	101.56	+9.672%	$19K	$11K	30x	as long as short
BloFin CL-USDT	+0.0240%	4h	92.510	−0.097%	$4.0M	$1.4M	50x	as long as short