CL

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0113%/8h= +12.4% APRnext payment +$0.57 per $10,000 · paid last 24h +0.015%

Price spread now: edgeX against Binance−0.116%7-day average −0.049% · you buy dearer than you sell

Net, funding: paid 7d − costs−$54as in the Funding arb table

Net, price: spread back to 7d avg − costs−$47as in the Price arb table

costs, in and out, $10k−$400.402% of the position

Long on Binance Short on edgeX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.134%−$13 on $10k

Price spread, last 4 days (all we have)+0.149%+$15 · spread now −0.116%, 7d avg −0.049%

Together, before fees+0.015%+ Points / potential airdropedgeX: Active · farm board+$2 on $10k · with fees, hour by hour

Funding pays, the price is against you. edgeX is 0.067% cheaper against Binance than usual: you would sell low and buy high (spread −0.116% now, against its 7-day average of −0.049%). If the spread goes back, that is −$7 on $10k: about 47 hours of funding at the current rate (+$3 a day). Mind the row above: over the last 7 days funding on this pair cost −0.134%, 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	Binance CLUSDT	93.200	−0.0193	get 0.0097% / 4h	43m 17s	$245.1M	$950.9M	100x
Short	edgeX CLUSDC	93.092	−0.0080	pay 0.0040% / 4h	43m 17s	$530K	$302K	30x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

edgeX against Binance. 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 BinancebpFee edgeXbpOrdersPrice spread, now −0.116%Rate

Funding earned: $23.83
Price spread: −0.116% → −0.049%: −$6.72
Slippage, 4 orders: −$21.16
Fee Binance: 5 bp × 2 orders: −$10
Fee edgeX: 4.5 bp × 2 orders: −$9
Net: −$23.05
Costs to cover: 0.402%
Break-even: 13.8 days

Slippage from Binance: live order book, 16 min ago; edgeX: live order book, 15 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 Binance live order book, 16 min ago	0.54 bp	5.5 bp −$6	5.6 bp −$56	8.7 bp −$869	22.4 bp −$11.2K
Sell edgeX live order book, 15 min ago	10.05 bp	14.5 bp −$15	14.9 bp −$149	22.3 bp −$2,231	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	−0.0608%	1h	93.150	−0.054%	$199K	$370K	15x	as long as short
Aster CLUSD1	−0.0249%	4h	93.193	−0.008%	$24.0M	$67.6M	20x	as long as short
GRVT CL_USDT_Perp	−0.0244%	4h	93.140	−0.064%	$54K	$635K	25x	as long as short
Kraken Futures PF_WTIOILUSD	−0.0195%	1h	93.209	+0.010%	$274K	$872K	25x	as long as short
Binance CLUSDTlong	−0.0193%	4h	93.200	long leg	$245.1M	$950.9M	100x
Variational Omni CL	−0.0184%	4h	93.098	−0.110%	$13.5M	$11.0M	—	as long as short
tradeXYZ xyz:CL	−0.0109%	1h	93.189	−0.012%	$185.0M	$216.2M	20x	as long as short
Ondo Perps WTI-USD.P	−0.0099%	1h	93.100	−0.107%	$3.5M	$5.6M	20x	as long as short
Aftermath Perps WTIUSD	−0.0091%	1h	93.164	−0.039%	$2K	$27K	5x	as long as short
edgeX CLUSDCshort	−0.0080%	4h	93.092	−0.116%	$530K	$302K	30x

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bitget CLUSDT	−0.0076%	4h	93.182	−0.019%	$42.0M	$43.8M	100x	as long as short
OKX CL-USDT-SWAP	−0.0069%	4h	93.200	0.000%	$42.6M	$102.9M	50x	as long as short
Gate CL_USDT	−0.0049%	8h	93.150	−0.054%	$20.9M	$51.4M	100x	as long as short
Coinbase International WTIOIL-PERP-INTX	−0.0048%	1h	92.750	−0.483%	$402K	$944K	15x	as long as short
QFEX CL-USD	−0.0043%	1h	93.170	−0.032%	$2.5M	$1.7M	10x	as long as short
Nado WTI-PERP	−0.0029%	1h	93.243	+0.047%	$964K	$653K	10x	as long as short
Lighter WTI	−0.0008%	1h	93.188	−0.013%	$11.2M	$10.5M	20x	as long as short
Extended WTI-USD	−0.0008%	1h	93.230	+0.032%	$2.1M	$21.3M	10x	as long as short
KuCoin CLUSDTM	−0.0002%	4h	93.187	−0.014%	$7.1M	$2.4M	50x	as long as short
dYdX WTI-USD	0.0000%	1h	93.188	−0.012%	$8K	$3K	5x	as long as short
Bybit CLUSDT	0.0000%	8h	93.217	+0.018%	$26.8M	$80.7M	150x	as long as short
RISEx CL/USDC	0.0000%	1h	93.267	+0.072%	$3.1M	$2.9M	20x	as long as short
Phoenix WTIOIL	0.0000%	1h	93.200	0.000%	$37K	$42K	20x	as long as short
Bullet WTIOIL-USD	0.0000%	1h	93.196	−0.004%	$18K	$242K	10x	as long as short
gTrade (Gains Network) WTI/USD	L 0.0000% / S +0.0036%	1h	92.757	−0.475%	$5K	—	150x	as long as short
Paradex CL-USD-PERP	+0.0015%	8h	93.176	−0.026%	$16K	$367	5x	as long as short
StandX CL-USD	+0.0040%	1h	93.140	−0.064%	$735K	$2.9M	40x	as long as short
Vest CL-PERP	+0.0046%	1h	93.200	0.000%	—	$310K	10x	as long as short
Polymarket Perps WTIOIL-USD	+0.0050%	1h	93.209	+0.010%	$1.6M	$1.3M	20x	as long as short
SoDEX CL-USD	+0.0050%	1h	93.192	−0.009%	$2.1M	$60K	20x	as long as short
Pacifica CL	+0.0068%	1h	93.189	−0.012%	$330K	$622K	10x	as long as short
ApeX Omni CLUSDT	+0.0100%	1h	93.210	+0.011%	$56K	$265K	50x	as long as short
Aevo WTIOIL-PERP	+0.0104%	1h	93.161	−0.042%	$4K	—	10x	as long as short
BloFin CL-USDT	+0.0171%	4h	93.200	0.000%	$4.0M	$1.1M	50x	as long as short
GMX WTIOIL/USD [ETH-USDC]	L +0.0210% / S −0.0134%	1h	93.195	−0.005%	$79K	—	111x	as long as short
Injective WTI/USDC PERP	+0.0220%	1h	102.31	+9.777%	$19K	$11K	30x	as long as short