CL

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC−0.0034%/8h= −3.8% APRnext payment −$0.04 per $10,000 · paid last 24h −0.021%

Price spread now: tradeXYZ against Extended−0.026%7-day average +0.015% · you buy dearer than you sell

Net, funding: paid 7d − costs−$39as in the Funding arb table

Net, price: spread back to 7d avg − costs−$29as in the Price arb table

costs, in and out, $10k−$250.251% of the position

Long on Extended Short on tradeXYZ

What this pair did over the last

the charts below follow

Funding, last 7 days−0.144%−$14 on $10k

Price spread, last 7 days+0.052%+$5 · spread now −0.026%, 7d avg +0.015%

Together, before fees−0.092%+ Points / potential airdropExtended: Active · tradeXYZ: Active · farm board−$9 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and tradeXYZ is 0.041% cheaper against Extended than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of +0.015%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Extended WTI-USD	93.260	0.0024	pay 0.0003% / 1h	37m 54s	$2.0M	$19.2M	10x
Short	tradeXYZ xyz:CL	93.236	−0.0010	pay 0.0001% / 1h	37m 54s	$184.6M	$217.8M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

tradeXYZ 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 tradeXYZbpOrdersPrice spread, now −0.026%Rate

Funding earned: −$7.24
Price spread: −0.026% → +0.015%: −$4.06
Slippage, 4 orders: −$2.09
Fee Extended: 2.5 bp × 2 orders: −$5
Fee tradeXYZ: 9 bp × 2 orders: −$18
Net: −$36.38
Costs to cover: 0.251%
Break-even: never at this rate

Slippage from Extended: live order book, 1 min ago; tradeXYZ: live order book, 12 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, 1 min ago	0.27 bp	3.8 bp −$4	6.7 bp −$67	21.9 bp −$2,195	doesn't fit
Sell tradeXYZ live order book, 12 min ago	0.11 bp	9.2 bp −$9	9.8 bp −$98	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	−0.0501%	1h	93.200	−0.064%	$199K	$370K	15x	as long as short
Aster CLUSD1	−0.0260%	4h	93.240	−0.021%	$24.1M	$66.5M	20x	as long as short
GRVT CL_USDT_Perp	−0.0246%	4h	93.265	+0.005%	$54K	$645K	25x	as long as short
Binance CLUSDT	−0.0173%	4h	93.220	−0.043%	$245.3M	$942.1M	100x	as long as short
Variational Omni CL	−0.0159%	4h	93.269	+0.009%	$13.4M	$10.9M	—	as long as short
Nado WTI-PERP	−0.0128%	1h	93.323	+0.067%	$965K	$636K	10x	as long as short
Bitget CLUSDT	−0.0124%	4h	93.211	−0.053%	$41.9M	$43.3M	100x	as long as short
Ondo Perps WTI-USD.P	−0.0114%	1h	93.190	−0.075%	$3.5M	$5.4M	20x	as long as short
Aftermath Perps WTIUSD	−0.0113%	1h	93.241	−0.021%	$2K	$27K	5x	as long as short
Kraken Futures PF_WTIOILUSD	−0.0061%	1h	93.217	−0.046%	$277K	$955K	25x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
edgeX CLUSDC	−0.0058%	4h	93.273	+0.013%	$524K	$305K	30x	as long as short
Gate CL_USDT	−0.0054%	8h	93.160	−0.107%	$21.1M	$51.1M	100x	as long as short
Coinbase International WTIOIL-PERP-INTX	−0.0040%	1h	93.190	−0.075%	$401K	$927K	15x	as long as short
QFEX CL-USD	−0.0033%	1h	93.210	−0.054%	$2.3M	$1.8M	10x	as long as short
OKX CL-USDT-SWAP	−0.0031%	4h	93.220	−0.043%	$42.6M	$103.0M	50x	as long as short
tradeXYZ xyz:CLshort	−0.0010%	1h	93.236	−0.026%	$184.6M	$217.8M	20x
Phoenix WTIOIL	−0.0009%	1h	93.300	+0.043%	$37K	$41K	20x	as long as short
KuCoin CLUSDTM	−0.0006%	4h	93.248	−0.013%	$7.1M	$2.4M	50x	as long as short
dYdX WTI-USD	0.0000%	1h	93.352	+0.098%	$8K	$3K	5x	as long as short
Bybit CLUSDT	0.0000%	8h	93.233	−0.029%	$26.9M	$80.6M	150x	as long as short
RISEx CL/USDC	0.0000%	1h	93.296	+0.039%	$3.1M	$2.9M	20x	as long as short
Bullet WTIOIL-USD	0.0000%	1h	93.223	−0.039%	$19K	$242K	10x	as long as short
gTrade (Gains Network) WTI/USD	L 0.0000% / S +0.0036%	1h	92.775	−0.520%	$5K	—	150x	as long as short
Paradex CL-USD-PERP	+0.0018%	8h	93.221	−0.042%	$16K	$367	5x	as long as short
Lighter WTI	+0.0024%	1h	93.231	−0.031%	$11.2M	$10.3M	20x	as long as short
Extended WTI-USDlong	+0.0024%	1h	93.260	long leg	$2.0M	$19.2M	10x
StandX CL-USD	+0.0040%	1h	93.170	−0.097%	$736K	$2.9M	40x	as long as short
Vest CL-PERP	+0.0046%	1h	93.250	−0.011%	—	$313K	10x	as long as short
Polymarket Perps WTIOIL-USD	+0.0050%	1h	93.226	−0.036%	$1.7M	$1.3M	20x	as long as short
SoDEX CL-USD	+0.0050%	1h	93.225	−0.038%	$2.1M	$60K	20x	as long as short
Pacifica CL	+0.0100%	1h	93.252	−0.008%	$331K	$597K	10x	as long as short
ApeX Omni CLUSDT	+0.0100%	1h	93.290	+0.032%	$56K	$266K	50x	as long as short
Aevo WTIOIL-PERP	+0.0104%	1h	93.189	−0.077%	$4K	—	10x	as long as short
BloFin CL-USDT	+0.0209%	4h	93.280	+0.021%	$4.0M	$1.0M	50x	as long as short
Injective WTI/USDC PERP	+0.0220%	1h	102.17	+9.550%	$19K	$11K	30x	as long as short
GMX WTIOIL/USD [ETH-USDC]	L +0.0220% / S −0.0148%	1h	93.215	−0.048%	$81K	—	111x	as long as short