CL

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC+0.0010%/8h= +1.1% APRnext payment +$0.01 per $10,000 · paid last 24h +0.007%

Price spread now: SoDEX against StandX+0.465%48s7-day average +0.014% · you sell dearer than you buy

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

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$940.945% of the position

Long on StandX Short on SoDEX

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.057%+$6 on $10k

Price spread, last 3 days (all we have)−0.507%−$51 · spread now +0.465%, 7d avg +0.014%

Together, before fees−0.450%+ Points / potential airdropStandX: Active · farm board−$45 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays $0 a day on $10k at the current rate, and SoDEX is 0.451% dearer against StandX than usual: you sell high and buy low: +$45 more if the spread goes back to its 7-day average of +0.014%. The two prices were read 48 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	StandX CL-USD	92.350	0.0040	pay 0.0005% / 1h	35m 26s	$726K	$3.0M	40x
Short	SoDEX CL-USD	92.779	0.0050	get 0.0006% / 1h	35m 26s	$2.1M	$61K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SoDEX against StandX. 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 StandXbpFee SoDEXbpOrdersPrice spread, now +0.465%Rate

Funding earned: $2.1
Price spread: +0.465% → +0.014%: $45.05
Slippage, 4 orders: −$78.49
Fee StandX: 4 bp × 2 orders: −$8
Fee SoDEX: 4 bp × 2 orders: −$8
Net: −$47.34
Costs to cover: 0.945%
Break-even: 164.8 days

Slippage from StandX: live order book, 3 min ago; SoDEX: live order book, 4 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 StandX live order book, 3 min ago	2.71 bp	49.0 bp −$49	51.5 bp −$515	doesn't fit	doesn't fit
Sell SoDEX live order book, 4 min ago	0.54 bp	18.9 bp −$19	96.9 bp −$969	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	−0.0612%	1h	92.740	+0.422%	$198K	$366K	15x	as long as short
Aster CLUSD1	−0.0329%	4h	92.780	+0.466%	$23.9M	$74.4M	20x	as long as short
GRVT CL_USDT_Perp	−0.0296%	4h	92.686	+0.364%	$50K	$633K	25x	as long as short
Binance CLUSDT	−0.0272%	4h	92.760	+0.444%	$244.3M	$990.1M	100x	as long as short
Variational Omni CL	−0.0265%	4h	92.761	+0.445%	$13.3M	$11.1M	—	as long as short
Gate CL_USDT	−0.0153%	8h	92.710	+0.390%	$20.9M	$53.1M	100x	as long as short
tradeXYZ xyz:CL	−0.0068%	1h	92.771	+0.456%	$185.0M	$221.7M	20x	as long as short
Ondo Perps WTI-USD.P	−0.0065%	1h	92.730	+0.411%	$3.5M	$5.7M	20x	as long as short
Coinbase International WTIOIL-PERP-INTX	−0.0048%	1h	92.030	−0.347%	$399K	$939K	15x	as long as short
Nado WTI-PERP	−0.0039%	1h	92.810	+0.498%	$936K	$676K	10x	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	−0.0038%	1h	92.800	+0.487%	$275K	$870K	25x	as long as short
QFEX CL-USD	−0.0033%	1h	92.740	+0.422%	$2.5M	$1.7M	10x	as long as short
OKX CL-USDT-SWAP	−0.0010%	4h	92.750	+0.433%	$42.8M	$106.0M	50x	as long as short
dYdX WTI-USD	0.0000%	1h	92.754	+0.437%	$8K	$3K	5x	as long as short
Bybit CLUSDT	0.0000%	8h	92.770	+0.455%	$26.3M	$82.9M	150x	as long as short
Bitget CLUSDT	0.0000%	4h	92.764	+0.448%	$41.9M	$45.8M	100x	as long as short
Phoenix WTIOIL	0.0000%	1h	92.820	+0.509%	$37K	$51K	20x	as long as short
Bullet WTIOIL-USD	0.0000%	1h	92.775	+0.460%	$18K	$240K	10x	as long as short
gTrade (Gains Network) WTI/USD	L 0.0000% / S +0.0036%	1h	92.309	−0.044%	$5K	—	150x	as long as short
edgeX CLUSDC	+0.0018%	4h	92.721	+0.402%	$533K	$297K	30x	as long as short
Paradex CL-USD-PERP	+0.0024%	8h	92.755	+0.439%	$16K	$367	5x	as long as short
Extended WTI-USD	+0.0024%	1h	92.800	+0.487%	$2.1M	$25.0M	10x	as long as short
Lighter WTI	+0.0032%	1h	92.760	+0.444%	$11.2M	$10.2M	20x	as long as short
Aftermath Perps WTIUSD	+0.0034%	1h	92.757	+0.441%	$2K	$28K	5x	as long as short
RISEx CL/USDC	+0.0037%	1h	92.887	+0.581%	$3.3M	$2.7M	20x	as long as short
StandX CL-USDlong	+0.0040%	1h	92.350	long leg	$726K	$3.0M	40x
Vest CL-PERP	+0.0046%	1h	92.800	+0.487%	—	$310K	10x	as long as short
Polymarket Perps WTIOIL-USD	+0.0050%	1h	92.775	+0.460%	$1.6M	$1.3M	20x	as long as short
SoDEX CL-USDshort	+0.0050%	1h	92.779	+0.465%	$2.1M	$61K	20x
KuCoin CLUSDTM	+0.0068%	4h	92.800	+0.487%	$7.2M	$2.3M	50x	as long as short
Pacifica CL	+0.0100%	1h	92.763	+0.447%	$331K	$616K	10x	as long as short
ApeX Omni CLUSDT	+0.0100%	1h	92.840	+0.531%	$56K	$265K	50x	as long as short
Aevo WTIOIL-PERP	+0.0104%	1h	92.717	+0.397%	$4K	—	10x	as long as short
GMX WTIOIL/USD [ETH-USDC]	L +0.0207% / S −0.0131%	1h	92.755	+0.439%	$78K	—	111x	as long as short
Injective WTI/USDC PERP	+0.0220%	1h	101.83	+10.269%	$19K	$11K	30x	as long as short
BloFin CL-USDT	+0.0228%	4h	92.730	+0.411%	$4.0M	$1.2M	50x	as long as short