CL

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0090%/8h= +9.9% APRnext payment +$0.11 per $10,000 · paid last 24h +0.013%

Price spread now: SoDEX against Coinbase International+0.197%7-day average +0.086% · 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−$40as in the Price arb table

costs, in and out, $10k−$510.513% of the position

Long on Coinbase International Short on SoDEX

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.190%+$19 on $10k

Price spread, last 3 days (all we have)−0.216%−$22 · spread now +0.197%, 7d avg +0.086%

Together, before fees−0.025%−$3 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and SoDEX is 0.111% dearer against Coinbase International than usual: you sell high and buy low: +$11 more if the spread goes back to its 7-day average of +0.086%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Coinbase International WTIOIL-PERP-INTX	92.030	−0.0040	get 0.0005% / 1h	47m 56s	$399K	$960K	15x
Short	SoDEX CL-USD	92.211	0.0050	get 0.0006% / 1h	47m 56s	$2.0M	$39K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SoDEX against Coinbase International. 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 Coinbase InternationalbpFee SoDEXbpOrdersPrice spread, now +0.197%Rate

Funding earned: $18.9
Price spread: +0.197% → +0.086%: $11.11
Slippage, 4 orders: −$33.34
Fee Coinbase International: 5 bp × 2 orders: −$10
Fee SoDEX: 4 bp × 2 orders: −$8
Net: −$21.32
Costs to cover: 0.513%
Break-even: 14.9 days

Slippage from Coinbase International: live order book, just now; 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 Coinbase International live order book, just now	1.63 bp	6.9 bp −$7	8.9 bp −$89	doesn't fit	doesn't fit
Sell SoDEX live order book, 1 min ago	0.54 bp	18.9 bp −$19	85.2 bp −$852	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
GRVT CL_USDT_Perp	−0.0536%	4h	92.166	+0.148%	$58K	$693K	25x	as long as short
Aster CLUSD1	−0.0323%	4h	92.220	+0.206%	$23.9M	$79.9M	20x	as long as short
Gate CL_USDT	−0.0279%	8h	92.130	+0.109%	$21.3M	$54.4M	100x	as long as short
Binance CLUSDT	−0.0253%	4h	92.210	+0.196%	$245.2M	$1.08B	100x	as long as short
Variational Omni CL	−0.0236%	4h	92.101	+0.077%	$13.2M	$12.7M	—	as long as short
Deribit WTIOIL_USDC-PERPETUAL	−0.0184%	1h	92.230	+0.217%	$96K	$189K	15x	as long as short
Bybit CLUSDT	−0.0125%	8h	92.220	+0.206%	$26.0M	$93.7M	150x	as long as short
Kraken Futures PF_WTIOILUSD	−0.0120%	1h	92.230	+0.218%	$273K	$1.2M	25x	as long as short
Nado WTI-PERP	−0.0116%	1h	92.230	+0.217%	$923K	$732K	10x	as long as short
Ondo Perps WTI-USD.P	−0.0102%	1h	92.160	+0.141%	$3.5M	$6.2M	20x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
tradeXYZ xyz:CL	−0.0058%	1h	92.235	+0.223%	$186.3M	$261.7M	20x	as long as short
Lighter WTI	−0.0040%	1h	92.220	+0.206%	$11.2M	$10.0M	20x	as long as short
Coinbase International WTIOIL-PERP-INTXlong	−0.0040%	1h	92.030	long leg	$399K	$960K	15x
QFEX CL-USD	−0.0040%	1h	92.160	+0.141%	$2.4M	$2.2M	10x	as long as short
Paradex CL-USD-PERP	−0.0034%	8h	92.155	+0.136%	$15K	$367	5x	as long as short
dYdX WTI-USD	0.0000%	1h	92.235	+0.223%	$8K	$3K	5x	as long as short
OKX CL-USDT-SWAP	0.0000%	4h	92.190	+0.174%	$42.9M	$111.2M	50x	as long as short
RISEx CL/USDC	0.0000%	1h	92.290	+0.282%	$3.3M	$2.7M	20x	as long as short
Bitget CLUSDT	0.0000%	4h	92.210	+0.196%	$41.9M	$51.4M	100x	as long as short
Phoenix WTIOIL	0.0000%	1h	92.260	+0.250%	$37K	$66K	20x	as long as short
Bullet WTIOIL-USD	0.0000%	1h	92.201	+0.186%	$18K	$241K	10x	as long as short
gTrade (Gains Network) WTI/USD	L 0.0000% / S +0.0036%	1h	91.792	−0.259%	$5K	—	150x	as long as short
Extended WTI-USD	+0.0032%	1h	92.260	+0.250%	$2.0M	$26.7M	10x	as long as short
edgeX CLUSDC	+0.0036%	4h	92.162	+0.143%	$530K	$306K	30x	as long as short
StandX CL-USD	+0.0040%	1h	92.150	+0.130%	$721K	$3.1M	40x	as long as short
Vest CL-PERP	+0.0046%	1h	92.220	+0.206%	—	$310K	10x	as long as short
Polymarket Perps WTIOIL-USD	+0.0050%	1h	92.181	+0.164%	$1.6M	$1.4M	20x	as long as short
SoDEX CL-USDshort	+0.0050%	1h	92.211	+0.197%	$2.0M	$39K	20x
Pacifica CL	+0.0100%	1h	92.167	+0.148%	$353K	$596K	10x	as long as short
KuCoin CLUSDTM	+0.0100%	4h	92.231	+0.218%	$7.2M	$2.3M	50x	as long as short
ApeX Omni CLUSDT	+0.0100%	1h	92.120	+0.098%	$55K	$265K	50x	as long as short
Aevo WTIOIL-PERP	+0.0104%	1h	92.195	+0.179%	$4K	—	10x	as long as short
GMX WTIOIL/USD [ETH-USDC]	L +0.0206% / S −0.0131%	1h	92.215	+0.201%	$78K	—	111x	as long as short
Injective WTI/USDC PERP	+0.0220%	1h	101.38	+10.162%	$19K	$11K	30x	as long as short
BloFin CL-USDT	+0.0240%	4h	92.180	+0.163%	$4.0M	$1.4M	50x	as long as short
Aftermath Perps WTIUSD	+0.0409%	1h	92.194	+0.178%	$2K	$29K	5x	as long as short