CL

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC−0.0191%/8h= −20.9% APRnext payment −$0.24 per $10,000 · paid last 24h −0.019%

Price spread now: Ondo Perps against RISEx−0.187%7-day average −0.106% · you buy dearer than you sell

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

Long on RISEx Short on Ondo Perps

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)−0.037%−$4 on $10k

Price spread, last 7 days+0.169%+$17 · spread now −0.187%, 7d avg −0.106%

Together, before fees+0.132%+ Points / potential airdropOndo Perps: Active · farm board+$13 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$6 a day on $10k at the current rate, and Ondo Perps is 0.080% cheaper against RISEx than usual: you would sell low and buy high (−$8 if the spread goes back to its 7-day average of −0.106%). Swap the legs.

The current funding rate is far above what this pair has been paying: over the last 4 days it paid -0.037% in total (about -3.9% a year). A funding rate is set anew for every payment; at this rate the next one is about −$0.24 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	RISEx CL/USDC	92.993	0.0066	pay 0.0008% / 1h	49m 36s	$3.3M	$2.7M	20x
Short	Ondo Perps WTI-USD.P	92.820	−0.0125	pay 0.0016% / 1h	49m 36s	$3.5M	$5.7M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Ondo Perps 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 Ondo PerpsbpOrdersPrice spread, now −0.187%Rate

Funding earned: −$40.06
Price spread: −0.187% → −0.106%: −$8.01
Slippage, 4 orders: no order book: not counted
Fee RISEx: 3 bp × 2 orders: −$6
Fee Ondo Perps: 2.5 bp × 2 orders: −$5
Net: −$59.07
Costs to cover: 0.110%
Break-even: never at this rate

Slippage unknown: RISEx: live order book, 4 min ago; Ondo 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 RISEx live order book, 4 min ago	0.48 bp	3.5 bp −$3	4.0 bp −$40	doesn't fit	doesn't fit
Sell Ondo Perps no order-book sample	—	—	—	—	—

Ondo 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 35 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	−0.0611%	1h	92.870	−0.133%	$198K	$369K	15x	as long as short
Aster CLUSD1	−0.0237%	4h	92.907	−0.093%	$24.0M	$70.4M	20x	as long as short
GRVT CL_USDT_Perp	−0.0208%	4h	92.953	−0.044%	$61K	$633K	25x	as long as short
Binance CLUSDT	−0.0205%	4h	92.876	−0.126%	$244.6M	$958.8M	100x	as long as short
Variational Omni CL	−0.0200%	4h	92.927	−0.072%	$13.5M	$11.1M	—	as long as short
Ondo Perps WTI-USD.Pshort	−0.0125%	1h	92.820	−0.187%	$3.5M	$5.7M	20x
Nado WTI-PERP	−0.0120%	1h	92.995	+0.002%	$963K	$668K	10x	as long as short
Gate CL_USDT	−0.0098%	8h	92.830	−0.176%	$20.9M	$52.2M	100x	as long as short
tradeXYZ xyz:CL	−0.0047%	1h	92.882	−0.120%	$184.7M	$218.5M	20x	as long as short
Coinbase International WTIOIL-PERP-INTX	−0.0040%	1h	92.750	−0.262%	$402K	$944K	15x	as long as short

Show all 35 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
QFEX CL-USD	−0.0032%	1h	92.870	−0.133%	$2.5M	$1.7M	10x	as long as short
Aftermath Perps WTIUSD	−0.0017%	1h	92.922	−0.077%	$2K	$28K	5x	as long as short
OKX CL-USDT-SWAP	−0.0010%	4h	92.870	−0.133%	$42.8M	$102.4M	50x	as long as short
edgeX CLUSDC	−0.0008%	4h	92.823	−0.184%	$529K	$302K	30x	as long as short
dYdX WTI-USD	0.0000%	1h	92.998	+0.005%	$8K	$3K	5x	as long as short
Bybit CLUSDT	0.0000%	8h	92.902	−0.098%	$26.9M	$81.2M	150x	as long as short
Bitget CLUSDT	0.0000%	4h	92.866	−0.137%	$41.9M	$43.4M	100x	as long as short
Phoenix WTIOIL	0.0000%	1h	92.880	−0.122%	$37K	$42K	20x	as long as short
Bullet WTIOIL-USD	0.0000%	1h	92.925	−0.074%	$18K	$241K	10x	as long as short
gTrade (Gains Network) WTI/USD	L 0.0000% / S +0.0036%	1h	92.471	−0.562%	$5K	—	150x	as long as short
Lighter WTI	+0.0016%	1h	92.892	−0.109%	$11.2M	$10.3M	20x	as long as short
Extended WTI-USD	+0.0032%	1h	92.920	−0.079%	$2.1M	$23.3M	10x	as long as short
Paradex CL-USD-PERP	+0.0035%	8h	92.865	−0.138%	$16K	$367	5x	as long as short
StandX CL-USD	+0.0040%	1h	92.470	−0.563%	$727K	$2.9M	40x	as long as short
Vest CL-PERP	+0.0046%	1h	92.940	−0.058%	—	$310K	10x	as long as short
Polymarket Perps WTIOIL-USD	+0.0050%	1h	92.944	−0.053%	$1.6M	$1.3M	20x	as long as short
SoDEX CL-USD	+0.0050%	1h	92.913	−0.087%	$2.1M	$61K	20x	as long as short
RISEx CL/USDClong	+0.0066%	1h	92.993	long leg	$3.3M	$2.7M	20x
KuCoin CLUSDTM	+0.0072%	4h	92.901	−0.099%	$7.3M	$2.3M	50x	as long as short
Pacifica CL	+0.0100%	1h	92.886	−0.116%	$332K	$618K	10x	as long as short
ApeX Omni CLUSDT	+0.0100%	1h	92.940	−0.058%	$56K	$266K	50x	as long as short
Aevo WTIOIL-PERP	+0.0104%	1h	92.890	−0.112%	$4K	—	10x	as long as short
Kraken Futures PF_WTIOILUSD	+0.0105%	1h	92.917	−0.082%	$273K	$882K	25x	as long as short
GMX WTIOIL/USD [ETH-USDC]	L +0.0207% / S −0.0131%	1h	92.905	−0.095%	$78K	—	111x	as long as short
Injective WTI/USDC PERP	+0.0220%	1h	102.15	+9.843%	$19K	$11K	30x	as long as short