CL

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0114%/8h= −12.5% APRnext payment −$0.14 per $10,000 · paid last 24h −0.020%

Price spread now: Aftermath Perps against Phoenix−0.052%7-day average — · you buy dearer than you sell

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

Long on Phoenix Short on Aftermath Perps

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

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

Together, before fees—needs both histories

Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Aftermath Perps is 0.052% cheaper against Phoenix than usual: you would sell low and buy high (−$5 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	Phoenix WTIOIL	93.210	−0.0009	get 0.0001% / 1h	20m 40s	$37K	$41K	20x
Short	Aftermath Perps WTIUSD	93.162	−0.0123	pay 0.0015% / 1h	20m 40s	$2K	$27K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aftermath Perps against Phoenix. 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 PhoenixbpFee Aftermath PerpsbpOrdersPrice spread, now −0.052%Rate

Funding earned: −$24.03
Price spread: −0.052% → 0.000%: −$5.18
Slippage, 4 orders: no order book: not counted
Fee Phoenix: 3.5 bp × 2 orders: −$7
Fee Aftermath Perps: 4.5 bp × 2 orders: −$9
Net: −$45.21
Costs to cover: 0.160%
Break-even: never at this rate

Slippage unknown: Phoenix: no order-book sample; Aftermath Perps: no order-book sample. 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 Phoenix no order-book sample	—	—	—	—	—
Sell Aftermath Perps no order-book sample	—	—	—	—	—

Phoenix and Aftermath Perps: 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	−0.0716%	1h	93.100	−0.118%	$199K	$370K	15x	as long as short
GRVT CL_USDT_Perp	−0.0308%	4h	93.140	−0.075%	$54K	$645K	25x	as long as short
Aster CLUSD1	−0.0277%	4h	93.170	−0.043%	$24.2M	$66.0M	20x	as long as short
Binance CLUSDT	−0.0182%	4h	93.151	−0.064%	$245.9M	$940.2M	100x	as long as short
Variational Omni CL	−0.0167%	4h	93.119	−0.098%	$13.3M	$10.9M	—	as long as short
Ondo Perps WTI-USD.P	−0.0132%	1h	93.120	−0.097%	$3.5M	$5.4M	20x	as long as short
Bitget CLUSDT	−0.0132%	4h	93.126	−0.090%	$41.9M	$43.2M	100x	as long as short
Aftermath Perps WTIUSDshort	−0.0123%	1h	93.162	−0.052%	$2K	$27K	5x
Nado WTI-PERP	−0.0120%	1h	93.194	−0.017%	$964K	$630K	10x	as long as short
Gate CL_USDT	−0.0066%	8h	93.080	−0.139%	$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	93.144	−0.070%	$280K	$957K	25x	as long as short
OKX CL-USDT-SWAP	−0.0057%	4h	93.120	−0.097%	$42.6M	$102.7M	50x	as long as short
tradeXYZ xyz:CL	−0.0051%	1h	93.142	−0.073%	$184.3M	$217.6M	20x	as long as short
Coinbase International WTIOIL-PERP-INTX	−0.0040%	1h	93.160	−0.054%	$403K	$929K	15x	as long as short
QFEX CL-USD	−0.0033%	1h	93.140	−0.075%	$2.3M	$1.9M	10x	as long as short
Paradex CL-USD-PERP	−0.0026%	8h	93.127	−0.090%	$16K	$367	5x	as long as short
edgeX CLUSDC	−0.0025%	4h	93.174	−0.039%	$524K	$306K	30x	as long as short
Phoenix WTIOILlong	−0.0009%	1h	93.210	long leg	$37K	$41K	20x
dYdX WTI-USD	0.0000%	1h	93.173	−0.040%	$8K	$3K	5x	as long as short
Bybit CLUSDT	0.0000%	8h	93.140	−0.075%	$26.8M	$80.5M	150x	as long as short
RISEx CL/USDC	0.0000%	1h	93.213	+0.003%	$3.1M	$2.9M	20x	as long as short
Bullet WTIOIL-USD	0.0000%	1h	93.135	−0.080%	$19K	$241K	10x	as long as short
gTrade (Gains Network) WTI/USD	L 0.0000% / S +0.0036%	1h	92.702	−0.545%	$5K	—	150x	as long as short
KuCoin CLUSDTM	+0.0002%	4h	93.152	−0.062%	$7.1M	$2.4M	50x	as long as short
Lighter WTI	+0.0008%	1h	93.137	−0.078%	$11.2M	$10.3M	20x	as long as short
Extended WTI-USD	+0.0016%	1h	93.190	−0.021%	$2.0M	$18.7M	10x	as long as short
StandX CL-USD	+0.0040%	1h	93.160	−0.054%	$736K	$2.9M	40x	as long as short
Vest CL-PERP	+0.0046%	1h	93.170	−0.043%	—	$313K	10x	as long as short
Polymarket Perps WTIOIL-USD	+0.0050%	1h	93.144	−0.071%	$1.7M	$1.3M	20x	as long as short
SoDEX CL-USD	+0.0050%	1h	93.138	−0.077%	$2.1M	$60K	20x	as long as short
Pacifica CL	+0.0100%	1h	93.133	−0.083%	$331K	$579K	10x	as long as short
ApeX Omni CLUSDT	+0.0100%	1h	93.170	−0.043%	$56K	$266K	50x	as long as short
Aevo WTIOIL-PERP	+0.0104%	1h	93.105	−0.113%	$4K	—	10x	as long as short
BloFin CL-USDT	+0.0184%	4h	93.110	−0.107%	$4.0M	$999K	50x	as long as short
Injective WTI/USDC PERP	+0.0220%	1h	102.51	+9.977%	$19K	$11K	30x	as long as short
GMX WTIOIL/USD [ETH-USDC]	L +0.0222% / S −0.0150%	1h	93.135	−0.080%	$81K	—	111x	as long as short