CL

Alert: funding

Alert: spread

Funding you earn now, next payment 10:00 UTC−0.0413%/8h= −45.2% APRnext payment −$0.52 per $10,000 · paid last 24h −0.075%

Price spread now: Deribit against RISEx−0.052%7-day average −0.043% · 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−$20as in the Price arb table

costs, in and out, $10k−$190.192% of the position

Long on RISEx Short on Deribit

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)−0.171%−$17 on $10k

Price spread, last 4 days (all we have)−0.317%−$32 · spread now −0.052%, 7d avg −0.043%

Together, before fees−0.488%−$49 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.043%, so right now this pair is about funding alone: −$12 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	RISEx CL/USDC	90.527	0	get 0.0000% / 1h	56m 26s	$2.9M	$2.9M	20x
Short	Deribit WTIOIL_USDC-PERPETUAL	90.480	−0.0413	pay 0.0052% / 1h	56m 26s	$181K	$415K	15x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Deribit against RISEx. 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 RISExbpFee DeribitbpOrdersPrice spread, now −0.052%Rate

Funding earned: −$86.66
Price spread: −0.052% → −0.043%: −$0.88
Slippage, 4 orders: −$6.21
Fee RISEx: 3 bp × 2 orders: −$6
Fee Deribit: 3.5 bp × 2 orders: −$7
Net: −$106.75
Costs to cover: 0.192%
Break-even: never at this rate

Slippage from RISEx: live order book, 2 min ago; Deribit: live order book, 37 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 RISEx live order book, 2 min ago	1.49 bp	4.5 bp −$4	7.1 bp −$71	doesn't fit	doesn't fit
Sell Deribit live order book, 37 min ago	1.08 bp	4.6 bp −$5	6.5 bp −$65	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-PERPETUALshort	−0.0413%	1h	90.480	−0.052%	$181K	$415K	15x
Kraken Futures PF_WTIOILUSD	−0.0365%	1h	90.509	−0.020%	$270K	$1.0M	25x	as long as short
Aster CLUSD1	−0.0195%	4h	90.640	+0.125%	$24.5M	$61.4M	20x	as long as short
Binance CLUSDT	−0.0116%	4h	90.592	+0.072%	$245.1M	$1.04B	100x	as long as short
Bitget CLUSDT	−0.0100%	4h	90.519	−0.009%	$40.7M	$46.0M	100x	as long as short
Variational Omni CL	−0.0100%	4h	90.468	−0.065%	$13.0M	$11.0M	—	as long as short
Gate CL_USDT	−0.0091%	8h	90.550	+0.025%	$23.0M	$50.7M	100x	as long as short
GRVT CL_USDT_Perp	−0.0066%	4h	90.468	−0.066%	$70K	$616K	25x	as long as short
Nado WTI-PERP	−0.0062%	1h	90.575	+0.053%	$936K	$614K	10x	as long as short
tradeXYZ xyz:CL	−0.0046%	1h	90.573	+0.051%	$176.5M	$207.6M	20x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
OKX CL-USDT-SWAP	−0.0041%	4h	90.620	+0.103%	$41.0M	$111.2M	50x	as long as short
Aftermath Perps WTIUSD	−0.0036%	1h	90.573	+0.050%	$1K	$27K	5x	as long as short
QFEX CL-USD	−0.0023%	1h	90.470	−0.063%	$2.2M	$2.9M	10x	as long as short
edgeX CLUSDC	−0.0014%	4h	90.409	−0.130%	$517K	$357K	30x	as long as short
gTrade (Gains Network) WTI/USD	L −0.0001% / S +0.0036%	1h	89.952	−0.635%	$1K	—	150x	as long as short
dYdX WTI-USD	0.0000%	1h	90.458	−0.076%	$8K	$3K	5x	as long as short
Bybit CLUSDT	0.0000%	8h	90.620	+0.103%	$26.5M	$91.5M	150x	as long as short
RISEx CL/USDClong	0.0000%	1h	90.527	long leg	$2.9M	$2.9M	20x
Bullet WTIOIL-USD	0.0000%	1h	90.593	+0.073%	$18K	$238K	10x	as long as short
Coinbase International WTIOIL-PERP-INTX	+0.0008%	1h	90.590	+0.069%	$408K	$1.0M	15x	as long as short
Phoenix WTIOIL	+0.0009%	1h	90.470	−0.063%	$36K	$36K	20x	as long as short
Paradex CL-USD-PERP	+0.0016%	8h	90.439	−0.097%	$15K	$367	5x	as long as short
Lighter WTI	+0.0032%	1h	90.450	−0.085%	$11.0M	$8.9M	20x	as long as short
Extended WTI-USD	+0.0032%	1h	90.490	−0.041%	$1.6M	$13.6M	10x	as long as short
Injective WTI/USDC PERP	+0.0033%	1h	102.13	+12.821%	$19K	$5K	30x	as long as short
StandX CL-USD	+0.0040%	1h	90.690	+0.180%	$705K	$2.8M	40x	as long as short
Vest CL-PERP	+0.0046%	1h	90.520	−0.008%	—	$313K	10x	as long as short
Polymarket Perps WTIOIL-USD	+0.0050%	1h	90.556	+0.032%	$1.6M	$1.2M	20x	as long as short
SoDEX CL-USD	+0.0050%	1h	90.430	−0.107%	$2.0M	$82K	20x	as long as short
Ondo Perps WTI-USD.P	+0.0050%	1h	90.430	−0.107%	$3.5M	$5.2M	20x	as long as short
Pacifica CL	+0.0100%	1h	90.469	−0.064%	$334K	$573K	10x	as long as short
KuCoin CLUSDTM	+0.0100%	4h	90.556	+0.032%	$6.9M	$2.8M	50x	as long as short
ApeX Omni CLUSDT	+0.0100%	1h	90.490	−0.041%	$53K	$266K	50x	as long as short
Aevo WTIOIL-PERP	+0.0104%	1h	90.477	−0.056%	$4K	—	10x	as long as short
BloFin CL-USDT	+0.0197%	4h	90.400	−0.140%	$4.0M	$997K	50x	as long as short
GMX WTIOIL/USD [ETH-USDC]	L +0.0255% / S −0.0185%	1h	90.595	+0.075%	$84K	—	111x	as long as short