CL

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0144%/8h= −15.8% APRnext payment −$0.72 per $10,000 · paid last 24h +0.001%

Price spread now: GRVT against Bitget−0.059%63s7-day average +0.014% · you buy dearer than you sell

Net, funding: paid 7d − costs−$27as 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−$290.287% of the position

Long on Bitget Short on GRVT

What this pair did over the last

the charts below follow

Funding, last 7 days+0.017%+$2 on $10k

Price spread, last 3 days (all we have)+0.124%+$12 · spread now −0.059%, 7d avg +0.014%

Together, before fees+0.141%+ Points / potential airdropGRVT: Active · farm board+$14 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and GRVT is 0.072% cheaper against Bitget than usual: you would sell low and buy high (−$7 if the spread goes back to its 7-day average of +0.014%). Swap the legs. The two prices were read 63 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	91.934	0	get 0.0000% / 4h	1h 22m	$42.0M	$53.8M	100x
Short	GRVT CL_USDT_Perp	91.880	−0.0144	pay 0.0072% / 4h	1h 22m	$58K	$715K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GRVT 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 GRVTbpOrdersPrice spread, now −0.059%Rate

Funding earned: −$30.24
Price spread: −0.059% → +0.014%: −$7.25
Slippage, 4 orders: −$7.73
Fee Bitget: 6 bp × 2 orders: −$12
Fee GRVT: 4.5 bp × 2 orders: −$9
Net: −$66.22
Costs to cover: 0.287%
Break-even: never at this rate

Slippage from Bitget: live order book, 2 min ago; GRVT: live order book, 60 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, 2 min ago	0.49 bp	7.4 bp −$7	9.8 bp −$98	doesn't fit	doesn't fit
Sell GRVT live order book, 60 min ago	1.09 bp	5.6 bp −$6	9.5 bp −$95	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
Lighter WTI	−0.0312%	1h	91.911	−0.025%	$11.0M	$11.2M	20x	as long as short
Aftermath Perps WTIUSD	−0.0195%	1h	91.960	+0.029%	$2K	$30K	5x	as long as short
Deribit WTIOIL_USDC-PERPETUAL	−0.0185%	1h	91.960	+0.028%	$95K	$260K	15x	as long as short
Ondo Perps WTI-USD.P	−0.0177%	1h	91.920	−0.015%	$3.5M	$6.4M	20x	as long as short
Nado WTI-PERP	−0.0171%	1h	92.009	+0.082%	$922K	$748K	10x	as long as short
tradeXYZ xyz:CL	−0.0148%	1h	91.959	+0.027%	$185.1M	$279.5M	20x	as long as short
GRVT CL_USDT_Perpshort	−0.0144%	4h	91.880	−0.059%	$58K	$715K	25x
Bullet WTIOIL-USD	−0.0131%	1h	91.938	+0.004%	$18K	$240K	10x	as long as short
Paradex CL-USD-PERP	−0.0105%	8h	91.923	−0.012%	$15K	$367	5x	as long as short
Aster CLUSD1	−0.0096%	4h	91.964	+0.033%	$23.9M	$78.4M	20x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Polymarket Perps WTIOIL-USD	−0.0010%	1h	91.962	+0.030%	$1.6M	$1.4M	20x	as long as short
dYdX WTI-USD	0.0000%	1h	91.939	+0.006%	$8K	$3K	5x	as long as short
Binance CLUSDT	0.0000%	4h	91.940	+0.007%	$245.4M	$1.12B	100x	as long as short
Bybit CLUSDT	0.0000%	8h	91.960	+0.028%	$25.4M	$97.3M	150x	as long as short
OKX CL-USDT-SWAP	0.0000%	4h	91.930	−0.004%	$43.1M	$113.7M	50x	as long as short
QFEX CL-USD	0.0000%	1h	91.920	−0.015%	$2.4M	$2.6M	10x	as long as short
Gate CL_USDT	0.0000%	8h	91.890	−0.048%	$21.2M	$59.2M	100x	as long as short
Bitget CLUSDTlong	0.0000%	4h	91.934	long leg	$42.0M	$53.8M	100x
Variational Omni CL	0.0000%	4h	91.874	−0.066%	$13.4M	$13.5M	—	as long as short
gTrade (Gains Network) WTI/USD	L 0.0000% / S +0.0036%	1h	91.525	−0.445%	$4K	—	150x	as long as short
Extended WTI-USD	+0.0008%	1h	92.000	+0.072%	$2.0M	$29.0M	10x	as long as short
Phoenix WTIOIL	+0.0009%	1h	91.960	+0.028%	$37K	$99K	20x	as long as short
StandX CL-USD	+0.0010%	1h	91.920	−0.015%	$723K	$3.1M	40x	as long as short
Vest CL-PERP	+0.0046%	1h	92.040	+0.115%	—	$243K	10x	as long as short
SoDEX CL-USD	+0.0050%	1h	91.935	+0.001%	$2.0M	$39K	20x	as long as short
edgeX CLUSDC	+0.0090%	4h	91.918	−0.018%	$529K	$341K	30x	as long as short
Pacifica CL	+0.0100%	1h	91.950	+0.017%	$332K	$579K	10x	as long as short
KuCoin CLUSDTM	+0.0100%	4h	91.953	+0.021%	$7.3M	$2.1M	50x	as long as short
ApeX Omni CLUSDT	+0.0100%	1h	91.870	−0.070%	$55K	$266K	50x	as long as short
Aevo WTIOIL-PERP	+0.0104%	1h	91.916	−0.019%	$4K	—	10x	as long as short
Coinbase International WTIOIL-PERP-INTX	+0.0112%	1h	91.920	−0.015%	$397K	$1.2M	15x	as long as short
Injective WTI/USDC PERP	+0.0172%	1h	100.99	+9.854%	$19K	$18K	30x	as long as short
GMX WTIOIL/USD [ETH-USDC]	L +0.0203% / S −0.0127%	1h	91.935	+0.001%	$76K	—	111x	as long as short
BloFin CL-USDT	+0.0240%	4h	91.940	+0.007%	$4.0M	$1.5M	50x	as long as short
Kraken Futures PF_WTIOILUSD	+0.0450%	1h	91.955	+0.023%	$260K	$1.2M	25x	as long as short
RISEx CL/USDC	+0.0977%	1h	92.057	+0.134%	$3.2M	$2.8M	20x	as long as short