CL

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC−0.0188%/8h= −20.6% APRnext payment −$0.24 per $10,000 · paid last 24h −0.034%

Price spread now: Extended against Injective−8.952%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Injective Short on Extended

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropExtended: Active · farm boardneeds both histories

Both sides work against this trade now: funding costs −$6 a day on $10k at the current rate, and Extended is 8.952% cheaper against Injective than usual: you would sell low and buy high (−$895 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Injective WTI/USDC PERP	102.57	0.0220	pay 0.0028% / 1h	50m 20s	$19K	$11K	30x
Short	Extended WTI-USD	93.390	0.0032	get 0.0004% / 1h	50m 20s	$2.0M	$18.0M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Extended against Injective. 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 InjectivebpFee ExtendedbpOrdersPrice spread, now −8.952%Rate

Funding earned: −$39.48
Price spread: −8.952% → 0.000%: −$895.18
Slippage, 4 orders: no order book: not counted
Fee Injective: 0.01 bp × 2 orders: −$0.02
Fee Extended: 2.5 bp × 2 orders: −$5
Net: −$939.68
Costs to cover: 0.050%
Break-even: never at this rate

Slippage unknown: Injective: no order-book sample; Extended: live order book, 4 min ago. Net counts fees only.

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 Injective no order-book sample	—	—	—	—	—
Sell Extended live order book, 4 min ago	0.27 bp	3.7 bp −$4	7.0 bp −$70	25.1 bp −$2,509	doesn't fit

Injective: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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	−0.0714%	1h	93.310	−9.030%	$197K	$372K	15x	as long as short
GRVT CL_USDT_Perp	−0.0348%	4h	93.320	−9.020%	$58K	$649K	25x	as long as short
Aster CLUSD1	−0.0295%	4h	93.350	−8.991%	$24.3M	$66.5M	20x	as long as short
Kraken Futures PF_WTIOILUSD	−0.0204%	1h	93.348	−8.992%	$283K	$962K	25x	as long as short
Binance CLUSDT	−0.0197%	4h	93.324	−9.016%	$246.4M	$936.3M	100x	as long as short
Variational Omni CL	−0.0185%	4h	93.329	−9.012%	$13.3M	$10.9M	—	as long as short
Ondo Perps WTI-USD.P	−0.0161%	1h	93.300	−9.040%	$3.5M	$5.3M	20x	as long as short
Aftermath Perps WTIUSD	−0.0138%	1h	93.325	−9.015%	$2K	$26K	5x	as long as short
Bitget CLUSDT	−0.0134%	4h	93.335	−9.005%	$42.1M	$43.1M	100x	as long as short
Nado WTI-PERP	−0.0129%	1h	93.405	−8.937%	$967K	$621K	10x	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	−0.0079%	1h	93.333	−9.007%	$184.5M	$215.4M	20x	as long as short
Gate CL_USDT	−0.0073%	8h	93.280	−9.059%	$21.6M	$49.1M	100x	as long as short
OKX CL-USDT-SWAP	−0.0067%	4h	93.340	−9.001%	$42.6M	$102.5M	50x	as long as short
edgeX CLUSDC	−0.0065%	4h	93.310	−9.029%	$524K	$306K	30x	as long as short
Coinbase International WTIOIL-PERP-INTX	−0.0040%	1h	93.160	−9.176%	$403K	$929K	15x	as long as short
QFEX CL-USD	−0.0032%	1h	93.320	−9.020%	$2.3M	$2.1M	10x	as long as short
Lighter WTI	−0.0016%	1h	93.343	−8.998%	$11.2M	$9.8M	20x	as long as short
Paradex CL-USD-PERP	−0.0011%	8h	93.335	−9.005%	$16K	$367	5x	as long as short
dYdX WTI-USD	0.0000%	1h	93.329	−9.011%	$8K	$3K	5x	as long as short
Bybit CLUSDT	0.0000%	8h	93.350	−8.991%	$27.0M	$79.8M	150x	as long as short
RISEx CL/USDC	0.0000%	1h	93.407	−8.935%	$3.1M	$2.9M	20x	as long as short
Phoenix WTIOIL	0.0000%	1h	93.380	−8.962%	$37K	$41K	20x	as long as short
Bullet WTIOIL-USD	0.0000%	1h	93.337	−9.003%	$18K	$241K	10x	as long as short
gTrade (Gains Network) WTI/USD	L 0.0000% / S +0.0036%	1h	92.882	−9.447%	$5K	—	150x	as long as short
Extended WTI-USDshort	+0.0032%	1h	93.390	−8.952%	$2.0M	$18.0M	10x
KuCoin CLUSDTM	+0.0032%	4h	93.362	−8.979%	$7.1M	$2.4M	50x	as long as short
StandX CL-USD	+0.0040%	1h	93.330	−9.010%	$738K	$2.9M	40x	as long as short
Vest CL-PERP	+0.0046%	1h	93.350	−8.991%	—	$313K	10x	as long as short
Pacifica CL	+0.0047%	1h	93.352	−8.989%	$331K	$576K	10x	as long as short
Polymarket Perps WTIOIL-USD	+0.0050%	1h	93.342	−8.999%	$1.7M	$1.3M	20x	as long as short
SoDEX CL-USD	+0.0050%	1h	93.344	−8.997%	$2.1M	$60K	20x	as long as short
ApeX Omni CLUSDT	+0.0100%	1h	93.330	−9.010%	$54K	$267K	50x	as long as short
Aevo WTIOIL-PERP	+0.0104%	1h	93.304	−9.036%	$4K	—	10x	as long as short
BloFin CL-USDT	+0.0172%	4h	93.340	−9.001%	$4.0M	$983K	50x	as long as short
Injective WTI/USDC PERPlong	+0.0220%	1h	102.57	long leg	$19K	$11K	30x
GMX WTIOIL/USD [ETH-USDC]	L +0.0230% / S −0.0160%	1h	93.325	−9.015%	$82K	—	111x	as long as short