This data is no longer updating. Last observed 9 days ago, on 2026-09-16. Usually this means the exchange delisted the contract: the numbers below are a snapshot from that moment, not the current market.
← radarCL — funding rate on OKX
OKX · CL-USDT-SWAP-0.005%per 4h · -0.001%/hlongs receive
last settlement0.000%→upcoming payout-0.005%• unchanged
nowsettlement
0calmheat
Price (mark)
97.28
-3.9% 24h
Vol 24h
$133.1M
Open interest
$51.4M
Price move in 2 min
—
avg 7d
—
avg 30d
-0.009%/h
Price and skew
Liquidations
24h$334K
$66K longs$268K shorts
Shorts were wiped — 80% of the total. $111 over the last hour.
Entry economics
Position calculator
- Position size
- $2,500
- Funding per settlement (4h)
- $0.12 · $0.03/hour
- Net snipe per settlement
- $-3.88 = 0.005% − 0.110% − 0.050%
- Break-even for entry
- rate covers the threshold 0.03×needs 0.160%+ per settlement
- Liquidation price
- 78.3104 (−19.50% from price)
- Risk at this leverage
- no volatility data
- Max “green” leverage
- —
Funding goes to whoever holds the position at the cut-off. MMR in the liquidation formula is +0.50%; verify the price on the exchange before trading.
Context and comparison
Funding history · 494 settlements
CL on 3 exchanges
| Exchange | Rate | Per hour | Receives | Snipe |
|---|---|---|---|---|
| Bitget | -0.004% / 4h | -0.001%/h | longs | -0.156% |
| Binance | 0.000% / 4h | 0.000%/h | shorts | -0.160% |
| Bybit | 0.000% / 8h | 0.000%/h | shorts | -0.160% |
Bitget-0.001%/h
longsrate -0.004% / 4hsnipe -0.156%
Binance0.000%/h
shortsrate 0.000% / 4hsnipe -0.160%
Bybit0.000%/h
shortsrate 0.000% / 8hsnipe -0.160%
Max spread across exchanges: +0.001%/h
CL across all exchanges: comparison & curves →Rates across exchangesPRO · open for now
3 exchanges on one timeline
Binanceevery 4hBybitevery 8hBitgetevery 4hrate corridor between exchanges
exchanges settle at different frequencies — an 8-hour step is bound to «lag» a 1-hour one, that's its grid, not a slower market
spread typically
0.0007%/h
widest spread
0.0123%/h
20.09 01:00 UTC · Binance ↔ Bybit
the spread is the hedge's rate before fees: that's what an hour of the pair-trade yields
How to read this
- Snipe: enter long before the cut-off, exit after settlement. Funding goes to whoever holds the position at the cut-off. The net capture in the calculator is already net of fees and slippage — and it does not include price moving against you in the settlement window (see volatility above).
- Hedged: a long here + an opposite position of the same size on another exchange or spot — funding capture without price risk, but four legs of fees.
- Extreme funding is a crowd story: price often runs into the cut-off and reverses after. This is data for a decision, not a recommendation.