CL

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0001%/8h= +0.1% APRnext payment +$0.00 per $10,000 · paid last 24h +0.013%

Price spread now: Phoenix against tradeXYZ+0.069%61s7-day average — · you sell dearer than you buy

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

Long on tradeXYZ Short on Phoenix

What this pair did over the last

the charts below follow

Funding, last 7 days+0.127%+$13 on $10k

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

Together, before fees—+ Points / potential airdroptradeXYZ: Active · farm boardneeds both histories

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Phoenix is 0.069% dearer against tradeXYZ than usual: you sell high and buy low, +$7 on $10k if it goes back to zero (this spread has no 7-day history yet). The two prices were read 61 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	tradeXYZ xyz:CL	93.236	−0.0010	get 0.0001% / 1h	38m 28s	$184.6M	$217.8M	20x
Short	Phoenix WTIOIL	93.300	−0.0009	pay 0.0001% / 1h	38m 28s	$37K	$41K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Phoenix against tradeXYZ. 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 tradeXYZbpFee PhoenixbpOrdersPrice spread, now +0.069%Rate

Funding earned: $0.2
Price spread: +0.069% → 0.000%: $6.86
Slippage, 4 orders: no order book: not counted
Fee tradeXYZ: 9 bp × 2 orders: −$18
Fee Phoenix: 3.5 bp × 2 orders: −$7
Net: −$17.93
Costs to cover: 0.250%
Break-even: 624.4 days

Slippage unknown: tradeXYZ: live order book, 12 min ago; Phoenix: 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 tradeXYZ live order book, 12 min ago	0.11 bp	9.2 bp −$9	9.2 bp −$92	doesn't fit	doesn't fit
Sell Phoenix no order-book sample	—	—	—	—	—

Phoenix: 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	−0.0393%	1h	93.290	+0.058%	$199K	$370K	15x	as long as short
Aster CLUSD1	−0.0260%	4h	93.251	+0.016%	$24.1M	$66.4M	20x	as long as short
GRVT CL_USDT_Perp	−0.0246%	4h	93.265	+0.031%	$54K	$645K	25x	as long as short
Binance CLUSDT	−0.0173%	4h	93.222	−0.015%	$245.3M	$941.9M	100x	as long as short
Variational Omni CL	−0.0159%	4h	93.269	+0.035%	$13.4M	$10.9M	—	as long as short
Nado WTI-PERP	−0.0128%	1h	93.323	+0.093%	$965K	$636K	10x	as long as short
Bitget CLUSDT	−0.0124%	4h	93.218	−0.019%	$42.0M	$43.3M	100x	as long as short
Ondo Perps WTI-USD.P	−0.0114%	1h	93.190	−0.049%	$3.5M	$5.4M	20x	as long as short
Aftermath Perps WTIUSD	−0.0113%	1h	93.241	+0.005%	$2K	$27K	5x	as long as short
Kraken Futures PF_WTIOILUSD	−0.0061%	1h	93.310	+0.079%	$277K	$960K	25x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
edgeX CLUSDC	−0.0058%	4h	93.273	+0.039%	$524K	$305K	30x	as long as short
Gate CL_USDT	−0.0054%	8h	93.180	−0.060%	$21.1M	$51.1M	100x	as long as short
Coinbase International WTIOIL-PERP-INTX	−0.0040%	1h	93.190	−0.049%	$401K	$927K	15x	as long as short
QFEX CL-USD	−0.0033%	1h	93.210	−0.028%	$2.3M	$1.8M	10x	as long as short
OKX CL-USDT-SWAP	−0.0031%	4h	93.210	−0.028%	$42.6M	$102.9M	50x	as long as short
tradeXYZ xyz:CLlong	−0.0010%	1h	93.236	long leg	$184.6M	$217.8M	20x
Phoenix WTIOILshort	−0.0009%	1h	93.300	+0.069%	$37K	$41K	20x
KuCoin CLUSDTM	−0.0006%	4h	93.278	+0.045%	$7.1M	$2.4M	50x	as long as short
dYdX WTI-USD	0.0000%	1h	93.352	+0.124%	$8K	$3K	5x	as long as short
Bybit CLUSDT	0.0000%	8h	93.240	+0.004%	$26.9M	$80.7M	150x	as long as short
RISEx CL/USDC	0.0000%	1h	93.296	+0.065%	$3.1M	$2.9M	20x	as long as short
Bullet WTIOIL-USD	0.0000%	1h	93.223	−0.014%	$19K	$242K	10x	as long as short
gTrade (Gains Network) WTI/USD	L 0.0000% / S +0.0036%	1h	92.775	−0.494%	$5K	—	150x	as long as short
Paradex CL-USD-PERP	+0.0018%	8h	93.221	−0.016%	$16K	$367	5x	as long as short
Lighter WTI	+0.0032%	1h	93.264	+0.030%	$11.2M	$10.3M	20x	as long as short
Extended WTI-USD	+0.0032%	1h	93.300	+0.069%	$2.0M	$19.3M	10x	as long as short
StandX CL-USD	+0.0040%	1h	93.170	−0.071%	$736K	$2.9M	40x	as long as short
Vest CL-PERP	+0.0046%	1h	93.250	+0.015%	—	$313K	10x	as long as short
Polymarket Perps WTIOIL-USD	+0.0050%	1h	93.226	−0.011%	$1.7M	$1.3M	20x	as long as short
SoDEX CL-USD	+0.0050%	1h	93.279	+0.046%	$2.1M	$60K	20x	as long as short
Pacifica CL	+0.0100%	1h	93.252	+0.017%	$331K	$597K	10x	as long as short
ApeX Omni CLUSDT	+0.0100%	1h	93.290	+0.058%	$56K	$266K	50x	as long as short
Aevo WTIOIL-PERP	+0.0104%	1h	93.272	+0.039%	$4K	—	10x	as long as short
BloFin CL-USDT	+0.0209%	4h	93.280	+0.047%	$4.0M	$1.0M	50x	as long as short
Injective WTI/USDC PERP	+0.0220%	1h	102.17	+9.578%	$19K	$11K	30x	as long as short
GMX WTIOIL/USD [ETH-USDC]	L +0.0220% / S −0.0148%	1h	93.215	−0.023%	$81K	—	111x	as long as short