CL Spot and Perp Total Returns

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CL perp total return · long · seven-day USO return proxy · CL point scale Weighted peers · rebased to spot at range start · live perps listed-options implied probability fan selected structure payout

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Distribution center

Listed options · term structure

CL 1- and 3-Month ATM Straddle Targets

USO listed-options proxy · select a term to display its implied distribution and payout.

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Liquid ATM structures

Select a term to display its payout on the chart

TermWhat you buyTotal askVolumeOpen interestImplied moveLower BEUpper BEListed days
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Options underlierListed proxy used for the distribution
1-month target
3-month target
Chain quoteCurrent listed-options snapshot

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Kimi K3 · Market Lens universe

CL Weighted Peer Basket

24h perp changes loading from Hyperliquid · 7d changes and funding are snapshots through 2026-09-16T22:00:00Z · 24h liquidity observed 2026-09-16T21:44:57.853607Z · positive funding: longs pay shorts, negative: shorts pay longs · blended peer average uses the fixed Kimi weights
Primary risk hedge BRENTOIL · Brent crude oil · 94.474M USD 24h
InstrumentBasket weight24h change7d changeT+7d funding APR24h liquidity
CLWTI crude oilTarget+2.21%-85.74%$210.792M
Blended peer averagePeer basket100%+1.05%-57.76%$73.869M
BRENTOILBrent crude oil76.8%+0.88%-95.32%$94.474M
NATGASNatural gas16.1%+5.12%+93.57%$5.853M
COPPERCopper7.1%-6.34%+5.51%$5.401M

Predicted Funding APR

Forward mean hourly funding · positive rate: longs pay shorts · negative rate: shorts pay longs
Next 1 day
Next 7 days

Validated horizon-specific funding rules · simple annualized cash yield before fees and slippage

CL Perp Long / USO Return Proxy Total Return Ratio

1.00 = equal return since shared anchor · USO return proxy held at its last cash close
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On-chain Spot Markets

Issuer wrappers ranked by measured venue and verified-pool turnover
Determining preferred wrapper… Loading direct venue books…
Token and structureNetworksPrimary contractDirect 24hVenue coverage
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Preferred marks the wrapper with the highest summed measured 24-hour turnover. Order-book depth is resting dollar notional within 2% of mid; ≥ means the returned book ended before the full band. Ethereum Uniswap V3 and PancakeSwap V3 price and depth come directly from factory-verified pools and quoter calls; PancakeSwap 24-hour volume and TVL are indexed pool-event statistics. Robinhood bid and ask are official multiplier-adjusted reference prices. A Robinhood route marked unmeasured means the custom Uniswap/Pleiades route exists but its executable depth and turnover are unavailable to this adapter; it does not mean zero liquidity. Underlying share volume is excluded. AMM TVL is shown separately from executable depth. Issuer, custody, redemption, eligibility, fees, slippage, and venue risk differ.

USO supplies the listed spot total-return proxy. Its percentage return path is expressed on the matching-date CL perp price scale, so the proxy, weighted peers, options distribution, and perp candles share one readable axis without changing any return. The tooltip identifies these as scaled proxy levels. Perp history includes realized hourly funding and its newest close remains the actual perp price.