CL

Leg	Exchange	Price	Fund. /8h	Each payment	Next in	OI	Vol 24h	Lev
LONG	BingXNCCO1OILWTI2USD-USDT	103.29	−0.0300	get 0.0150% / 4h	2h 39m	$2.2M	$8.4M	500x	Long BingX
SHORT	QFEXCL-USD	103.17	0	0.0000% / 1h	39m 27s	$2.7M	$1.2M	10x	Short QFEX10% back

Price gap−0.116%

Funding gap+0.0300% /8h

Funding trade: +$9 a day on $10k at the current rate, before costs. The price gap is at its 7d average.

If you open now and hold

on $10k a leg · figures of the last 7D, not a forecast

Funding+$48+0.0300% /8h now · paid +0.485% over the last 7D

Price−$2spread −0.116% now, avg −0.100% → −0.016% if it goes back

Costs−$260.262% of $10k · taker + slippage, in and out

Result+$21+0.21%no pointsWhat the last 7D really paid, hour by hour → backtest

Price and funding

1h · history

Entry / Exit

Price spread

Prices

Fundingper 8h

ENTRY / EXIT · 7D

Entry now—

Entry average—

Best entry—

Exit now—

Exit average—

Best exit—

Exit free—

PRICE SPREAD · 7D

Now−0.116%

Average—

Range—

Wider than now—

FUNDING SPREAD · 7D

Average /8h—

Highest—

Lowest—

Paid you—

Where the spread has been, last 7D

share of time at each level

Funding on every exchange

/8h

CL on 45 exchanges

lowest funding first

Before you open

1 ok · 2 to watch

OK: Fits both order books6.0 / 6.9 bp
Entry at $10k a leg, taker fee + slippage. Closing costs about the same.
Note: Margin at max leverage$20 + $1,000
BingX 500x, QFEX 10x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
Watch: Payment intervals differ4h / 1h
Payments land at different times. Close right after the slower leg pays.
Next 24h at the current rates, on $10k a leg: +$9.00Long BingX: 6 payments, +$9.00; short QFEX: 24 payments, $0.00.
Note: Gap at its usual level−0.116% vs −0.100%
The price leg adds little either way.
Note: Long leg is thinner$2.2M vs $2.7M OI
Both legs are deep; BingX is the smaller one.
Note: No points program—
Neither exchange runs points right now.
Watch: KYCBingX Yes · QFEX No
Advanced KYC to deposit or trade; unverified accounts can only withdraw, up to 20,000 USDT a day. Rules vary by region.

Profit calculator

both legs, in and out

Position, each leg

Hold for

Orders

Price spread

Funding rate

Funding earned+0.0231%/8h × 21 periods+$48.48

Price spread−0.116% → −0.100% (7d avg)−$1.58

Slippage, 4 orderslive order books−$6.17

Fee BingX bp × 2 orders−$10.00

Fee QFEX bp × 2 orders−$10.00

Net · 7 days · $10k+$20.73

Costs to cover0.262%Break-even4.0 days

Slippage: BingX: live order book, 4 min ago; QFEX: live order book, 5 min ago

Cost to enter

taker + slippage from mid, one side

BUY · LONGBingX0.976.0 bp−$66.0 bp−$608.6 bp−$86022.3 bp−$11.1K

SELL · SHORTQFEX0.976.9 bp−$77.8 bp−$7820.7 bp−$2,068doesn’t fit

Closing costs about the same again.

CL news

posts that mention CL or Crude oil (WTI), from every exchangeSearch all news →

10-23 19:28	Markets by Kinetiq	Other	WTI Crude Oil is back above $100, up 6% this week. Houthi strikes on Saudi Arabia are escalating, ship attacks near Hormuz just hit a record month, and US crude stocks have fallen three weeks straight. @Markets_xyz on X ↗
10-23 10:17	SoDEX	Other	🛢️ $CL: Will Oil Keep Rising? 🔥 Middle East tensions are heating up! Where will oil prices head next? 👀 ✅ Vote below ✅ Share your $CL position ✅ Comment your prediction! 📊 POLL: Where will $CL be by Dec 31, 2026? @sodex_official on X ↗
10-22 15:08	BingX	Other	When commodities make headlines, depth matters 📊 Trade GOLD, WTI, BRENT, and SILVER perpetuals with deeper order books on #BingXTradFi. Up to 5.1x the depth vs No.2 (GOLD-USDT, 100 bps). See the breakdown 👇 @BingXOfficial on X ↗
10-20 08:13	ApeX Omni	Other	Oil cracked. WTI -4.7% is the biggest move on the tape. bitcoin:native $81,703 -1.3%, ethereum:native $2,395 -1.5%, while $NDAQ added 1.1%. $527M went into spot bitcoin ETFs, the best day since September, with IBIT alone taking $665M. Fear and greed 55. @OfficialApeXdex on X ↗
10-19 19:35	BingX	Other	Brent topped $110, WTI broke $100, and diesel hit records as Hormuz attacks escalate. Energy rallied while the Nasdaq fell 4.5%. Oil is back driving inflation and rate fears 🛢️ @BingXOfficial on X ↗
10-19 10:35	Phemex	Other	WTI just printed below $97 while Brent holds ~$108. Oil’s pullback after Friday’s spike is more technical + Russia supply hope than a clean demand collapse. For crypto traders, lower energy costs can ease inflation pressure — but geopolitics still keep the floor elevated. Execution quality matters more than the narrative when macro signals flip. @Phemex_official on X ↗

CL