CL

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0243%/8h= −26.7% APRnext payment −$1.22 per $10,000 · paid last 24h −0.024%

Price spread now: Aster against Bitget−0.003%7-day average +0.012% · you buy dearer than you sell

Net, funding: paid 7d − costs−$16as in the Funding arb table

Net, price: spread back to 7d avg − costs−$25as in the Price arb table

costs, in and out, $10k−$230.235% of the position

Long on Bitget Short on Aster

What this pair did over the last

the charts below follow

Funding, last 7 days+0.076%+$8 on $10k

Price spread, last 7 days−0.003%$0 · spread now −0.003%, 7d avg +0.012%

Together, before fees+0.073%+ Points / potential airdropAster: Stage 5 · farm board+$7 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.012%, so right now this pair is about funding alone: −$7 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair paid +0.076%, so the current rate has only just turned against you.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.076% in total (about 4.0% a year). A funding rate is set anew for every payment; at this rate the next one is about −$1.22 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget CLUSDT	92.833	0	get 0.0000% / 4h	1h 43m	$41.9M	$43.3M	100x
Short	Aster CLUSD1	92.830	−0.0243	pay 0.0122% / 4h	1h 43m	$23.9M	$69.6M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster against Bitget. 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 BitgetbpFee AsterbpOrdersPrice spread, now −0.003%Rate

Funding earned: −$51.12
Price spread: −0.003% → +0.012%: −$1.55
Slippage, 4 orders: −$3.48
Fee Bitget: 6 bp × 2 orders: −$12
Fee Aster: 4 bp × 2 orders: −$8
Net: −$76.15
Costs to cover: 0.235%
Break-even: never at this rate

Slippage from Bitget: live order book, 5 min ago; Aster: live order book, 6 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 Bitget live order book, 5 min ago	0.38 bp	7.4 bp −$7	9.5 bp −$95	doesn't fit	doesn't fit
Sell Aster live order book, 6 min ago	0.54 bp	4.5 bp −$5	5.5 bp −$55	doesn't fit	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	−0.0611%	1h	92.800	−0.036%	$198K	$369K	15x	as long as short
Aster CLUSD1short	−0.0243%	4h	92.830	−0.003%	$23.9M	$69.6M	20x
GRVT CL_USDT_Perp	−0.0214%	4h	92.870	+0.040%	$61K	$633K	25x	as long as short
Binance CLUSDT	−0.0208%	4h	92.827	−0.007%	$244.4M	$956.0M	100x	as long as short
Variational Omni CL	−0.0202%	4h	92.849	+0.017%	$13.5M	$11.1M	—	as long as short
Ondo Perps WTI-USD.P	−0.0155%	1h	92.810	−0.025%	$3.5M	$5.7M	20x	as long as short
Nado WTI-PERP	−0.0136%	1h	92.885	+0.056%	$961K	$668K	10x	as long as short
Gate CL_USDT	−0.0097%	8h	92.770	−0.068%	$20.9M	$52.3M	100x	as long as short
edgeX CLUSDC	−0.0094%	4h	92.861	+0.030%	$529K	$303K	30x	as long as short
tradeXYZ xyz:CL	−0.0062%	1h	92.827	−0.006%	$184.6M	$218.5M	20x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Coinbase International WTIOIL-PERP-INTX	−0.0040%	1h	92.750	−0.089%	$402K	$944K	15x	as long as short
QFEX CL-USD	−0.0032%	1h	92.820	−0.014%	$2.5M	$1.7M	10x	as long as short
Aftermath Perps WTIUSD	−0.0025%	1h	92.912	+0.086%	$2K	$28K	5x	as long as short
OKX CL-USDT-SWAP	−0.0018%	4h	92.810	−0.025%	$42.8M	$102.2M	50x	as long as short
Lighter WTI	0.0000%	1h	92.826	−0.008%	$11.2M	$10.3M	20x	as long as short
dYdX WTI-USD	0.0000%	1h	92.917	+0.090%	$8K	$3K	5x	as long as short
Bybit CLUSDT	0.0000%	8h	92.835	+0.002%	$26.8M	$81.0M	150x	as long as short
Bitget CLUSDTlong	0.0000%	4h	92.833	long leg	$41.9M	$43.3M	100x
Phoenix WTIOIL	0.0000%	1h	92.900	+0.072%	$37K	$42K	20x	as long as short
Bullet WTIOIL-USD	0.0000%	1h	92.840	+0.008%	$18K	$242K	10x	as long as short
gTrade (Gains Network) WTI/USD	L 0.0000% / S +0.0036%	1h	92.405	−0.461%	$5K	—	150x	as long as short
Paradex CL-USD-PERP	+0.0028%	8h	92.813	−0.021%	$16K	$367	5x	as long as short
Extended WTI-USD	+0.0032%	1h	92.860	+0.029%	$2.1M	$23.2M	10x	as long as short
StandX CL-USD	+0.0040%	1h	92.430	−0.434%	$726K	$2.9M	40x	as long as short
Vest CL-PERP	+0.0046%	1h	92.850	+0.018%	—	$310K	10x	as long as short
Polymarket Perps WTIOIL-USD	+0.0050%	1h	92.830	−0.003%	$1.6M	$1.3M	20x	as long as short
SoDEX CL-USD	+0.0050%	1h	92.822	−0.012%	$2.1M	$61K	20x	as long as short
KuCoin CLUSDTM	+0.0060%	4h	92.830	−0.003%	$7.3M	$2.3M	50x	as long as short
RISEx CL/USDC	+0.0066%	1h	92.950	+0.126%	$3.3M	$2.7M	20x	as long as short
Pacifica CL	+0.0100%	1h	92.823	−0.011%	$331K	$618K	10x	as long as short
ApeX Omni CLUSDT	+0.0100%	1h	92.810	−0.025%	$56K	$265K	50x	as long as short
Aevo WTIOIL-PERP	+0.0104%	1h	92.806	−0.029%	$4K	—	10x	as long as short
Kraken Futures PF_WTIOILUSD	+0.0105%	1h	92.834	+0.001%	$273K	$872K	25x	as long as short
GMX WTIOIL/USD [ETH-USDC]	L +0.0207% / S −0.0131%	1h	92.835	+0.002%	$78K	—	111x	as long as short
Injective WTI/USDC PERP	+0.0220%	1h	102.15	+10.033%	$19K	$11K	30x	as long as short
BloFin CL-USDT	+0.0227%	4h	92.860	+0.029%	$4.0M	$1.1M	50x	as long as short