CL

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0240%/8h= +26.3% APRnext payment +$1.20 per $10,000 · paid last 24h +0.074%

Price spread now: BloFin against Bitget−0.004%105s7-day average −0.011% · you buy dearer than you sell

Net, funding: paid 7d − costs+$17as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$270.274% of the position

Long on Bitget Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.445%+$44 on $10k

Price spread, last 3 days (all we have)−0.057%−$6 · spread now −0.004%, 7d avg −0.011%

Together, before fees+0.387%+$39 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.011%, so right now this pair is about funding alone: +$7 a day on $10k at the current rate. The two prices were read 105 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget CLUSDT	91.864	0	get 0.0000% / 4h	1h 33m	$42.1M	$57.6M	100x
Short	BloFin CL-USDT	91.860	0.0240	get 0.0120% / 4h	1h 33m	$4.0M	$1.5M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin 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 BloFinbpOrdersPrice spread, now −0.004%Rate

Funding earned: $50.4
Price spread: −0.004% → −0.011%: $0.62
Slippage, 4 orders: −$3.45
Fee Bitget: 6 bp × 2 orders: −$12
Fee BloFin: 6 bp × 2 orders: −$12
Net: $23.57
Costs to cover: 0.274%
Break-even: 3.7 days

Slippage from Bitget: live order book, 6 min ago; BloFin: live order book, 5 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, 6 min ago	0.16 bp	7.0 bp −$7	9.4 bp −$94	doesn't fit	doesn't fit
Sell BloFin live order book, 5 min ago	1.09 bp	7.1 bp −$7	7.1 bp −$71	11.0 bp −$1,100	29.1 bp −$14.6K

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
Lighter WTI	−0.0320%	1h	91.874	+0.011%	$11.0M	$11.2M	20x	as long as short
Deribit WTIOIL_USDC-PERPETUAL	−0.0294%	1h	91.930	+0.072%	$95K	$260K	15x	as long as short
Aftermath Perps WTIUSD	−0.0205%	1h	91.877	+0.014%	$2K	$30K	5x	as long as short
Nado WTI-PERP	−0.0196%	1h	91.977	+0.123%	$922K	$760K	10x	as long as short
Ondo Perps WTI-USD.P	−0.0190%	1h	91.840	−0.026%	$3.5M	$6.4M	20x	as long as short
tradeXYZ xyz:CL	−0.0167%	1h	91.897	+0.036%	$184.9M	$283.9M	20x	as long as short
Bullet WTIOIL-USD	−0.0153%	1h	91.877	+0.014%	$19K	$240K	10x	as long as short
Paradex CL-USD-PERP	−0.0098%	8h	91.887	+0.025%	$15K	$367	5x	as long as short
GRVT CL_USDT_Perp	−0.0064%	4h	91.841	−0.025%	$58K	$726K	25x	as long as short
Extended WTI-USD	−0.0048%	1h	91.970	+0.115%	$2.0M	$29.1M	10x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster CLUSD1	−0.0048%	4h	91.890	+0.028%	$23.9M	$78.5M	20x	as long as short
ApeX Omni CLUSDT	−0.0035%	1h	91.930	+0.072%	$55K	$266K	50x	as long as short
Polymarket Perps WTIOIL-USD	−0.0024%	1h	91.876	+0.013%	$1.6M	$1.4M	20x	as long as short
dYdX WTI-USD	0.0000%	1h	91.939	+0.082%	$8K	$3K	5x	as long as short
Binance CLUSDT	0.0000%	4h	91.870	+0.007%	$245.3M	$1.12B	100x	as long as short
Bybit CLUSDT	0.0000%	8h	91.894	+0.033%	$25.3M	$97.5M	150x	as long as short
OKX CL-USDT-SWAP	0.0000%	4h	91.890	+0.028%	$43.1M	$114.4M	50x	as long as short
QFEX CL-USD	0.0000%	1h	91.870	+0.007%	$2.4M	$2.5M	10x	as long as short
Gate CL_USDT	0.0000%	8h	91.830	−0.037%	$21.2M	$59.0M	100x	as long as short
Bitget CLUSDTlong	0.0000%	4h	91.864	long leg	$42.1M	$57.6M	100x
Variational Omni CL	0.0000%	4h	91.834	−0.032%	$13.4M	$13.6M	—	as long as short
gTrade (Gains Network) WTI/USD	L 0.0000% / S +0.0036%	1h	91.469	−0.430%	$4K	—	10x	as long as short
Phoenix WTIOIL	+0.0009%	1h	91.920	+0.061%	$37K	$99K	20x	as long as short
StandX CL-USD	+0.0026%	1h	91.850	−0.015%	$722K	$3.1M	40x	as long as short
Vest CL-PERP	+0.0046%	1h	91.990	+0.137%	—	$243K	10x	as long as short
SoDEX CL-USD	+0.0050%	1h	91.905	+0.045%	$2.0M	$39K	20x	as long as short
edgeX CLUSDC	+0.0087%	4h	91.881	+0.018%	$528K	$342K	30x	as long as short
Pacifica CL	+0.0100%	1h	91.918	+0.058%	$330K	$575K	10x	as long as short
KuCoin CLUSDTM	+0.0100%	4h	91.902	+0.041%	$7.3M	$2.1M	50x	as long as short
Aevo WTIOIL-PERP	+0.0104%	1h	91.879	+0.016%	$4K	—	10x	as long as short
Coinbase International WTIOIL-PERP-INTX	+0.0112%	1h	91.720	−0.157%	$384K	$1.2M	15x	as long as short
Injective WTI/USDC PERP	+0.0172%	1h	100.99	+9.938%	$19K	$18K	30x	as long as short
GMX WTIOIL/USD [ETH-USDC]	L +0.0203% / S −0.0127%	1h	91.865	+0.001%	$76K	—	29x	as long as short
BloFin CL-USDTshort	+0.0240%	4h	91.860	−0.004%	$4.0M	$1.5M	50x
Kraken Futures PF_WTIOILUSD	+0.0451%	1h	91.904	+0.044%	$259K	$1.2M	25x	as long as short
RISEx CL/USDC	+0.0977%	1h	92.018	+0.168%	$3.2M	$2.8M	20x	as long as short