CL

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC−0.0032%/8h= −3.5% APRnext payment −$0.04 per $10,000 · paid last 24h −0.009%

Price spread now: Bullet against Extended+0.002%46s7-day average +0.011% · 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—prices read too far apart to compare

costs, in and out, $10k−$230.230% of the position

Long on Extended Short on Bullet

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.177%−$18 on $10k

Price spread, last 4 days (all we have)+0.007%+$1 · spread now +0.002%, 7d avg +0.011%

Together, before fees−0.170%+ Points / potential airdropExtended: Active · farm board−$17 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.011%, so right now this pair is about funding alone: −$1 a day on $10k at the current rate. The two prices were read 46 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Extended WTI-USD	93.420	0.0032	pay 0.0004% / 1h	3m 34s	$2.0M	$16.6M	10x
Short	Bullet WTIOIL-USD	93.422	0	get 0.0000% / 1h	3m 34s	$18K	$240K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bullet against Extended. 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 ExtendedbpFee BulletbpOrdersPrice spread, now +0.002%Rate

Funding earned: −$6.72
Price spread: +0.002% → +0.011%: −$0.9
Slippage, 4 orders: −$9.98
Fee Extended: 2.5 bp × 2 orders: −$5
Fee Bullet: 4 bp × 2 orders: −$8
Net: −$30.6
Costs to cover: 0.230%
Break-even: never at this rate

Slippage from Extended: live order book, 5 min ago; Bullet: live order book, 45 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 Extended live order book, 5 min ago	0.11 bp	3.5 bp −$3	6.6 bp −$66	21.3 bp −$2,125	doesn't fit
Sell Bullet live order book, 45 min ago	1.55 bp	7.4 bp −$7	18.4 bp −$184	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	−0.0285%	1h	93.390	−0.032%	$196K	$377K	15x	as long as short
GRVT CL_USDT_Perp	−0.0274%	4h	93.368	−0.056%	$58K	$629K	25x	as long as short
Aster CLUSD1	−0.0274%	4h	93.406	−0.015%	$24.4M	$64.5M	20x	as long as short
Kraken Futures PF_WTIOILUSD	−0.0204%	1h	93.437	+0.018%	$285K	$959K	25x	as long as short
Binance CLUSDT	−0.0168%	4h	93.376	−0.047%	$246.2M	$931.0M	100x	as long as short
Variational Omni CL	−0.0163%	4h	93.349	−0.076%	$13.4M	$10.9M	—	as long as short
Aftermath Perps WTIUSD	−0.0148%	1h	93.406	−0.015%	$2K	$26K	5x	as long as short
Bitget CLUSDT	−0.0120%	4h	93.350	−0.075%	$42.1M	$42.7M	100x	as long as short
Nado WTI-PERP	−0.0103%	1h	93.449	+0.031%	$971K	$629K	10x	as long as short
Gate CL_USDT	−0.0083%	8h	93.320	−0.107%	$22.1M	$50.4M	100x	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	−0.0076%	1h	93.356	−0.069%	$184.7M	$212.3M	20x	as long as short
Ondo Perps WTI-USD.P	−0.0076%	1h	93.370	−0.054%	$3.5M	$5.4M	20x	as long as short
Coinbase International WTIOIL-PERP-INTX	−0.0040%	1h	93.500	+0.086%	$404K	$931K	15x	as long as short
OKX CL-USDT-SWAP	−0.0036%	4h	93.390	−0.032%	$42.6M	$101.8M	50x	as long as short
QFEX CL-USD	−0.0032%	1h	93.380	−0.043%	$2.3M	$2.5M	10x	as long as short
edgeX CLUSDC	−0.0030%	4h	93.344	−0.081%	$525K	$306K	30x	as long as short
dYdX WTI-USD	0.0000%	1h	93.405	−0.016%	$8K	$3K	5x	as long as short
Bybit CLUSDT	0.0000%	8h	93.410	−0.011%	$27.0M	$79.5M	150x	as long as short
RISEx CL/USDC	0.0000%	1h	93.425	+0.006%	$3.1M	$2.9M	20x	as long as short
Phoenix WTIOIL	0.0000%	1h	93.410	−0.011%	$38K	$41K	20x	as long as short
Bullet WTIOIL-USDshort	0.0000%	1h	93.422	+0.002%	$18K	$240K	10x
gTrade (Gains Network) WTI/USD	L 0.0000% / S +0.0036%	1h	92.961	−0.491%	$5K	—	150x	as long as short
Paradex CL-USD-PERP	+0.0021%	8h	93.383	−0.040%	$16K	$367	5x	as long as short
Lighter WTI	+0.0024%	1h	93.401	−0.020%	$11.3M	$10.0M	20x	as long as short
Extended WTI-USDlong	+0.0032%	1h	93.420	long leg	$2.0M	$16.6M	10x
StandX CL-USD	+0.0040%	1h	93.450	+0.032%	$740K	$2.8M	40x	as long as short
Vest CL-PERP	+0.0046%	1h	93.380	−0.043%	—	$313K	10x	as long as short
Pacifica CL	+0.0047%	1h	93.405	−0.016%	$332K	$577K	10x	as long as short
Polymarket Perps WTIOIL-USD	+0.0050%	1h	93.366	−0.058%	$1.7M	$1.3M	20x	as long as short
SoDEX CL-USD	+0.0050%	1h	93.418	−0.002%	$2.1M	$60K	20x	as long as short
KuCoin CLUSDTM	+0.0100%	4h	93.417	−0.003%	$7.1M	$2.4M	50x	as long as short
ApeX Omni CLUSDT	+0.0100%	1h	93.440	+0.021%	$54K	$266K	50x	as long as short
Aevo WTIOIL-PERP	+0.0104%	1h	93.384	−0.038%	$4K	—	10x	as long as short
BloFin CL-USDT	+0.0202%	4h	93.370	−0.054%	$4.0M	$988K	50x	as long as short
Injective WTI/USDC PERP	+0.0220%	1h	102.64	+9.875%	$19K	$11K	30x	as long as short
GMX WTIOIL/USD [ETH-USDC]	L +0.0241% / S −0.0174%	1h	93.415	−0.005%	$84K	—	111x	as long as short