CL

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0050%/8h= +5.5% APRnext payment +$0.06 per $10,000 · paid last 24h −0.002%

Price spread now: SoDEX against RISEx−0.037%7-day average −0.064% · 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−$45as in the Price arb table

costs, in and out, $10k−$470.472% of the position

Long on RISEx Short on SoDEX

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.066%−$7 on $10k

Price spread, last 4 days (all we have)−0.070%−$7 · spread now −0.037%, 7d avg −0.064%

Together, before fees−0.137%−$14 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and SoDEX is 0.026% dearer against RISEx than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of −0.064%. Mind the row above: over the last 3 days funding on this pair cost −0.066%, so the current rate has only just turned in your favour.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	RISEx CL/USDC	93.110	0	get 0.0000% / 1h	3m 34s	$3.0M	$2.8M	20x
Short	SoDEX CL-USD	93.075	0.0050	get 0.0006% / 1h	3m 34s	$2.1M	$62K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SoDEX 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 SoDEXbpOrdersPrice spread, now −0.037%Rate

Funding earned: $10.5
Price spread: −0.037% → −0.064%: $2.64
Slippage, 4 orders: −$33.21
Fee RISEx: 3 bp × 2 orders: −$6
Fee SoDEX: 4 bp × 2 orders: −$8
Net: −$34.08
Costs to cover: 0.472%
Break-even: 29.7 days

Slippage from RISEx: live order book, 5 min ago; SoDEX: live order book, just now.

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, 5 min ago	1.39 bp	4.4 bp −$4	5.4 bp −$54	doesn't fit	doesn't fit
Sell SoDEX live order book, just now	1.02 bp	18.2 bp −$18	96.6 bp −$966	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	−0.0609%	1h	93.040	−0.075%	$194K	$398K	15x	as long as short
Aster CLUSD1	−0.0252%	4h	93.121	+0.012%	$24.8M	$62.3M	20x	as long as short
GRVT CL_USDT_Perp	−0.0218%	4h	93.231	+0.130%	$75K	$634K	25x	as long as short
Kraken Futures PF_WTIOILUSD	−0.0210%	1h	93.097	−0.013%	$273K	$924K	25x	as long as short
Binance CLUSDT	−0.0140%	4h	93.081	−0.031%	$246.4M	$923.1M	100x	as long as short
Gate CL_USDT	−0.0138%	8h	93.010	−0.107%	$23.2M	$50.8M	100x	as long as short
Variational Omni CL	−0.0130%	4h	93.192	+0.089%	$13.6M	$10.8M	—	as long as short
Nado WTI-PERP	−0.0109%	1h	93.206	+0.103%	$954K	$613K	10x	as long as short
Bitget CLUSDT	−0.0100%	4h	93.080	−0.032%	$42.2M	$41.5M	100x	as long as short
Aftermath Perps WTIUSD	−0.0084%	1h	93.155	+0.049%	$1K	$26K	5x	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	−0.0067%	4h	93.090	−0.021%	$42.6M	$103.1M	50x	as long as short
edgeX CLUSDC	−0.0042%	4h	93.256	+0.157%	$525K	$324K	30x	as long as short
QFEX CL-USD	−0.0038%	1h	93.090	−0.021%	$2.3M	$2.4M	10x	as long as short
tradeXYZ xyz:CL	−0.0016%	1h	93.104	−0.006%	$184.3M	$196.5M	20x	as long as short
Coinbase International WTIOIL-PERP-INTX	−0.0016%	1h	93.540	+0.462%	$405K	$810K	15x	as long as short
Lighter WTI	−0.0008%	1h	93.077	−0.035%	$11.2M	$9.2M	20x	as long as short
Ondo Perps WTI-USD.P	−0.0002%	1h	93.080	−0.032%	$3.6M	$5.3M	20x	as long as short
dYdX WTI-USD	0.0000%	1h	93.133	+0.025%	$8K	$3K	5x	as long as short
Bybit CLUSDT	0.0000%	8h	93.100	−0.011%	$27.0M	$79.7M	150x	as long as short
RISEx CL/USDClong	0.0000%	1h	93.110	long leg	$3.0M	$2.8M	20x
Phoenix WTIOIL	0.0000%	1h	93.240	+0.140%	$37K	$40K	20x	as long as short
Bullet WTIOIL-USD	0.0000%	1h	93.053	−0.061%	$18K	$240K	10x	as long as short
gTrade (Gains Network) WTI/USD	L 0.0000% / S +0.0036%	1h	92.653	−0.491%	$5K	—	150x	as long as short
Paradex CL-USD-PERP	+0.0011%	8h	93.063	−0.050%	$16K	$367	5x	as long as short
Extended WTI-USD	+0.0032%	1h	93.110	0.000%	$1.7M	$15.0M	10x	as long as short
StandX CL-USD	+0.0040%	1h	93.210	+0.108%	$736K	$2.8M	40x	as long as short
Vest CL-PERP	+0.0046%	1h	93.130	+0.022%	—	$313K	10x	as long as short
Polymarket Perps WTIOIL-USD	+0.0050%	1h	93.093	−0.018%	$1.6M	$1.3M	20x	as long as short
SoDEX CL-USDshort	+0.0050%	1h	93.075	−0.037%	$2.1M	$62K	20x
Pacifica CL	+0.0100%	1h	93.099	−0.011%	$347K	$589K	10x	as long as short
KuCoin CLUSDTM	+0.0100%	4h	93.114	+0.004%	$7.0M	$2.4M	50x	as long as short
ApeX Omni CLUSDT	+0.0100%	1h	93.290	+0.193%	$54K	$266K	50x	as long as short
Aevo WTIOIL-PERP	+0.0104%	1h	93.056	−0.058%	$4K	—	10x	as long as short
BloFin CL-USDT	+0.0168%	4h	93.180	+0.075%	$4.0M	$1.0M	50x	as long as short
Injective WTI/USDC PERP	+0.0220%	1h	102.13	+9.692%	$19K	$11K	30x	as long as short
GMX WTIOIL/USD [ETH-USDC]	L +0.0261% / S −0.0179%	1h	93.085	−0.027%	$90K	—	111x	as long as short