CL

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC−0.0126%/8h= −13.8% APRnext payment −$0.16 per $10,000 · paid last 24h −0.025%

Price spread now: Nado against Extended+0.049%7-day average +0.021% · 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−$13as in the Price arb table

costs, in and out, $10k−$160.161% of the position

Long on Extended Short on Nado

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.253%−$25 on $10k

Price spread, last 7 days−0.080%−$8 · spread now +0.049%, 7d avg +0.021%

Together, before fees−0.333%+ Points / potential airdropExtended: Active · Nado: Active · farm board−$33 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Nado is 0.028% dearer against Extended than usual: you sell high and buy low (spread +0.049% now, against its 7-day average of +0.021%): +$3 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 18 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Extended WTI-USD	93.235	0.0008	pay 0.0001% / 1h	17m 17s	$2.0M	$18.6M	10x
Short	Nado WTI-PERP	93.281	−0.0118	pay 0.0015% / 1h	17m 17s	$965K	$630K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Nado 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 NadobpOrdersPrice spread, now +0.049%Rate

Funding earned: −$26.54
Price spread: +0.049% → +0.021%: $2.79
Slippage, 4 orders: −$4.14
Fee Extended: 2.5 bp × 2 orders: −$5
Fee Nado: 3.5 bp × 2 orders: −$7
Net: −$39.89
Costs to cover: 0.161%
Break-even: never at this rate

Slippage from Extended: 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 Extended live order book, 2 min ago	0.05 bp	2.9 bp −$3	4.7 bp −$47	21.1 bp −$2,113	doesn't fit
Sell Nado live order book, 36 min ago	0.05 bp	3.6 bp −$4	7.5 bp −$75	27.9 bp −$2,793	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	−0.0608%	1h	93.160	−0.080%	$199K	$370K	15x	as long as short
GRVT CL_USDT_Perp	−0.0326%	4h	93.123	−0.121%	$54K	$645K	25x	as long as short
Aster CLUSD1	−0.0260%	4h	93.220	−0.016%	$24.3M	$66.0M	20x	as long as short
Binance CLUSDT	−0.0186%	4h	93.200	−0.038%	$246.0M	$940.2M	100x	as long as short
Variational Omni CL	−0.0167%	4h	93.119	−0.125%	$13.3M	$10.9M	—	as long as short
Ondo Perps WTI-USD.P	−0.0134%	1h	93.150	−0.091%	$3.5M	$5.4M	20x	as long as short
Bitget CLUSDT	−0.0132%	4h	93.179	−0.060%	$42.0M	$43.2M	100x	as long as short
Aftermath Perps WTIUSD	−0.0127%	1h	93.207	−0.030%	$2K	$27K	5x	as long as short
Nado WTI-PERPshort	−0.0118%	1h	93.281	+0.049%	$965K	$630K	10x
Gate CL_USDT	−0.0067%	8h	93.130	−0.113%	$21.3M	$51.5M	100x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Kraken Futures PF_WTIOILUSD	−0.0061%	1h	93.208	−0.029%	$281K	$958K	25x	as long as short
OKX CL-USDT-SWAP	−0.0059%	4h	93.180	−0.059%	$42.6M	$102.8M	50x	as long as short
tradeXYZ xyz:CL	−0.0054%	1h	93.194	−0.044%	$184.5M	$217.7M	20x	as long as short
Coinbase International WTIOIL-PERP-INTX	−0.0040%	1h	93.160	−0.080%	$403K	$929K	15x	as long as short
QFEX CL-USD	−0.0033%	1h	93.190	−0.048%	$2.3M	$1.9M	10x	as long as short
Paradex CL-USD-PERP	−0.0027%	8h	93.207	−0.030%	$16K	$367	5x	as long as short
edgeX CLUSDC	−0.0025%	4h	93.146	−0.096%	$524K	$306K	30x	as long as short
Phoenix WTIOIL	−0.0009%	1h	93.260	+0.027%	$37K	$41K	20x	as long as short
dYdX WTI-USD	0.0000%	1h	93.255	+0.021%	$8K	$3K	5x	as long as short
Bybit CLUSDT	0.0000%	8h	93.201	−0.036%	$26.8M	$80.5M	150x	as long as short
RISEx CL/USDC	0.0000%	1h	93.256	+0.023%	$3.1M	$2.9M	20x	as long as short
Bullet WTIOIL-USD	0.0000%	1h	93.192	−0.046%	$19K	$241K	10x	as long as short
gTrade (Gains Network) WTI/USD	L 0.0000% / S +0.0036%	1h	92.753	−0.517%	$5K	—	150x	as long as short
KuCoin CLUSDTM	+0.0004%	4h	93.238	+0.003%	$7.1M	$2.4M	50x	as long as short
Lighter WTI	+0.0008%	1h	93.189	−0.049%	$11.2M	$10.3M	20x	as long as short
Extended WTI-USDlong	+0.0008%	1h	93.235	long leg	$2.0M	$18.6M	10x
StandX CL-USD	+0.0040%	1h	93.180	−0.059%	$737K	$2.9M	40x	as long as short
Vest CL-PERP	+0.0046%	1h	93.210	−0.027%	—	$313K	10x	as long as short
Polymarket Perps WTIOIL-USD	+0.0050%	1h	93.198	−0.040%	$1.7M	$1.3M	20x	as long as short
SoDEX CL-USD	+0.0050%	1h	93.185	−0.054%	$2.1M	$60K	20x	as long as short
Pacifica CL	+0.0100%	1h	93.212	−0.024%	$331K	$579K	10x	as long as short
ApeX Omni CLUSDT	+0.0100%	1h	93.250	+0.016%	$54K	$266K	50x	as long as short
Aevo WTIOIL-PERP	+0.0104%	1h	93.180	−0.059%	$4K	—	10x	as long as short
BloFin CL-USDT	+0.0181%	4h	93.180	−0.059%	$4.0M	$999K	50x	as long as short
Injective WTI/USDC PERP	+0.0220%	1h	102.37	+9.799%	$19K	$11K	30x	as long as short
GMX WTIOIL/USD [ETH-USDC]	L +0.0223% / S −0.0151%	1h	93.195	−0.043%	$81K	—	111x	as long as short