CL

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0098%/8h= +10.7% APRnext payment +$0.12 per $10,000 · paid last 24h +0.034%

Price spread now: RISEx against Nado−0.022%7-day average +0.050% · you buy dearer than you sell

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$27as in the Price arb table

costs, in and out, $10k−$200.197% of the position

Long on Nado Short on RISEx

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)+0.197%+$20 on $10k

Price spread, last 7 days+0.057%+$6 · spread now −0.022%, 7d avg +0.050%

Together, before fees+0.254%+ Points / potential airdropNado: Active · farm board+$25 on $10k · with fees, hour by hour

Funding pays, the price is against you. RISEx is 0.072% cheaper against Nado than usual: you would sell low and buy high (spread −0.022% now, against its 7-day average of +0.050%). If the spread goes back, that is −$7 on $10k: about 2.5 days of funding at the current rate (+$3 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Nado WTI-PERP	93.156	−0.0098	get 0.0012% / 1h	33m 07s	$955K	$623K	10x
Short	RISEx CL/USDC	93.136	0	get 0.0000% / 1h	33m 07s	$3.0M	$2.9M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

RISEx against Nado. 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 NadobpFee RISExbpOrdersPrice spread, now −0.022%Rate

Funding earned: $20.56
Price spread: −0.022% → +0.050%: −$7.21
Slippage, 4 orders: −$6.69
Fee Nado: 3.5 bp × 2 orders: −$7
Fee RISEx: 3 bp × 2 orders: −$6
Net: −$6.34
Costs to cover: 0.197%
Break-even: 9.2 days

Slippage from Nado: live order book, 5 min ago; RISEx: 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 Nado live order book, 5 min ago	0.48 bp	5.4 bp −$5	10.9 bp −$109	32.6 bp −$3,264	doesn't fit
Sell RISEx live order book, 1 min ago	1.66 bp	4.7 bp −$5	7.1 bp −$71	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	93.110	−0.049%	$194K	$395K	15x	as long as short
Aster CLUSD1	−0.0288%	4h	93.181	+0.026%	$24.7M	$64.6M	20x	as long as short
GRVT CL_USDT_Perp	−0.0262%	4h	93.080	−0.082%	$77K	$622K	25x	as long as short
Kraken Futures PF_WTIOILUSD	−0.0210%	1h	93.135	−0.022%	$275K	$939K	25x	as long as short
Binance CLUSDT	−0.0161%	4h	93.160	+0.004%	$247.4M	$922.7M	100x	as long as short
Variational Omni CL	−0.0143%	4h	93.137	−0.021%	$13.4M	$10.6M	—	as long as short
Gate CL_USDT	−0.0128%	8h	93.090	−0.071%	$22.9M	$49.2M	100x	as long as short
Bitget CLUSDT	−0.0124%	4h	93.151	−0.005%	$42.3M	$41.8M	100x	as long as short
Aftermath Perps WTIUSD	−0.0111%	1h	93.161	+0.005%	$2K	$26K	5x	as long as short
Nado WTI-PERPlong	−0.0098%	1h	93.156	long leg	$955K	$623K	10x

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
OKX CL-USDT-SWAP	−0.0075%	4h	93.130	−0.028%	$42.7M	$103.0M	50x	as long as short
edgeX CLUSDC	−0.0057%	4h	93.176	+0.021%	$524K	$305K	30x	as long as short
QFEX CL-USD	−0.0038%	1h	93.090	−0.071%	$2.3M	$2.5M	10x	as long as short
tradeXYZ xyz:CL	−0.0037%	1h	93.142	−0.015%	$184.2M	$199.7M	20x	as long as short
Ondo Perps WTI-USD.P	−0.0022%	1h	93.010	−0.157%	$3.6M	$5.3M	20x	as long as short
Lighter WTI	−0.0016%	1h	93.152	−0.004%	$11.2M	$9.2M	20x	as long as short
Coinbase International WTIOIL-PERP-INTX	−0.0016%	1h	93.540	+0.412%	$405K	$810K	15x	as long as short
Paradex CL-USD-PERP	−0.0005%	8h	93.062	−0.101%	$16K	$367	5x	as long as short
dYdX WTI-USD	0.0000%	1h	93.085	−0.077%	$8K	$3K	5x	as long as short
Bybit CLUSDT	0.0000%	8h	93.160	+0.004%	$26.7M	$79.1M	150x	as long as short
RISEx CL/USDCshort	0.0000%	1h	93.136	−0.022%	$3.0M	$2.9M	20x
Phoenix WTIOIL	0.0000%	1h	93.170	+0.015%	$37K	$40K	20x	as long as short
Bullet WTIOIL-USD	0.0000%	1h	93.136	−0.022%	$18K	$239K	10x	as long as short
gTrade (Gains Network) WTI/USD	L 0.0000% / S +0.0036%	1h	92.692	−0.498%	$5K	—	150x	as long as short
Extended WTI-USD	+0.0008%	1h	93.170	+0.015%	$1.7M	$15.2M	10x	as long as short
StandX CL-USD	+0.0040%	1h	93.150	−0.007%	$738K	$2.8M	40x	as long as short
Vest CL-PERP	+0.0046%	1h	93.120	−0.039%	—	$313K	10x	as long as short
Polymarket Perps WTIOIL-USD	+0.0050%	1h	93.111	−0.048%	$1.7M	$1.3M	20x	as long as short
SoDEX CL-USD	+0.0050%	1h	93.144	−0.013%	$2.1M	$60K	20x	as long as short
Pacifica CL	+0.0100%	1h	93.090	−0.071%	$347K	$593K	10x	as long as short
KuCoin CLUSDTM	+0.0100%	4h	93.173	+0.018%	$7.1M	$2.4M	50x	as long as short
ApeX Omni CLUSDT	+0.0100%	1h	93.020	−0.146%	$54K	$266K	50x	as long as short
Aevo WTIOIL-PERP	+0.0104%	1h	93.101	−0.059%	$4K	—	10x	as long as short
BloFin CL-USDT	+0.0166%	4h	93.090	−0.071%	$4.1M	$983K	50x	as long as short
Injective WTI/USDC PERP	+0.0220%	1h	102.45	+9.977%	$19K	$11K	30x	as long as short
GMX WTIOIL/USD [ETH-USDC]	L +0.0244% / S −0.0169%	1h	93.125	−0.033%	$78K	—	111x	as long as short