CL

Alert: funding

Alert: spread

Funding you earn now, next payment 12:00 UTC+0.0204%/8h= +22.3% APRnext payment +$1.02 per $10,000 · paid last 24h +0.036%

Price spread now: KuCoin against Bitget+0.028%7-day average +0.011% · you sell dearer than you buy

Net, funding: paid 7d − costs−$9as in the Funding arb table

Net, price: spread back to 7d avg − costs−$34as in the Price arb table

costs, in and out, $10k−$350.352% of the position

Long on Bitget Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.261%+$26 on $10k

Price spread, last 7 days+0.030%+$3 · spread now +0.028%, 7d avg +0.011%

Together, before fees+0.291%+$29 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: +$6 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget CLUSDT	90.363	−0.0104	get 0.0052% / 4h	3h 02m	$40.7M	$45.4M	100x
Short	KuCoin CLUSDTM	90.388	0.0100	get 0.0050% / 4h	3h 02m	$6.9M	$2.8M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin 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 KuCoinbpOrdersPrice spread, now +0.028%Rate

Funding earned: $42.84
Price spread: +0.028% → +0.011%: $1.65
Slippage, 4 orders: −$11.17
Fee Bitget: 6 bp × 2 orders: −$12
Fee KuCoin: 6 bp × 2 orders: −$12
Net: $9.31
Costs to cover: 0.352%
Break-even: 5.5 days

Slippage from Bitget: live order book, 1 min ago; KuCoin: 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, 1 min ago	0.66 bp	7.7 bp −$8	9.5 bp −$95	doesn't fit	doesn't fit
Sell KuCoin live order book, 5 min ago	1.99 bp	8.9 bp −$9	doesn't fit	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
Kraken Futures PF_WTIOILUSD	−0.0321%	1h	90.539	+0.195%	$266K	$1.0M	25x	as long as short
Deribit WTIOIL_USDC-PERPETUAL	−0.0302%	1h	90.450	+0.096%	$181K	$415K	15x	as long as short
Aster CLUSD1	−0.0206%	4h	90.402	+0.043%	$24.5M	$60.5M	20x	as long as short
Binance CLUSDT	−0.0124%	4h	90.352	−0.013%	$245.3M	$1.02B	100x	as long as short
Gate CL_USDT	−0.0107%	8h	90.310	−0.059%	$23.0M	$53.0M	100x	as long as short
Bitget CLUSDTlong	−0.0104%	4h	90.363	long leg	$40.7M	$45.4M	100x
Variational Omni CL	−0.0102%	4h	90.380	+0.019%	$13.1M	$10.9M	—	as long as short
Nado WTI-PERP	−0.0093%	1h	90.623	+0.288%	$935K	$600K	10x	as long as short
GRVT CL_USDT_Perp	−0.0092%	4h	90.248	−0.128%	$70K	$616K	25x	as long as short
edgeX CLUSDC	−0.0071%	4h	90.283	−0.088%	$527K	$342K	30x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
OKX CL-USDT-SWAP	−0.0052%	4h	90.320	−0.048%	$41.2M	$109.7M	50x	as long as short
Aftermath Perps WTIUSD	−0.0039%	1h	90.815	+0.500%	$1K	$27K	5x	as long as short
QFEX CL-USD	−0.0026%	1h	90.360	−0.003%	$2.2M	$2.9M	10x	as long as short
tradeXYZ xyz:CL	−0.0024%	1h	90.381	+0.020%	$176.9M	$204.6M	20x	as long as short
gTrade (Gains Network) WTI/USD	L −0.0001% / S +0.0036%	1h	90.102	−0.289%	$1K	—	150x	as long as short
dYdX WTI-USD	0.0000%	1h	90.381	+0.019%	$8K	$3K	5x	as long as short
Bybit CLUSDT	0.0000%	8h	90.354	−0.010%	$25.9M	$90.0M	150x	as long as short
RISEx CL/USDC	0.0000%	1h	90.625	+0.290%	$2.9M	$2.9M	20x	as long as short
Bullet WTIOIL-USD	0.0000%	1h	90.525	+0.179%	$18K	$238K	10x	as long as short
Phoenix WTIOIL	+0.0009%	1h	90.590	+0.251%	$36K	$39K	20x	as long as short
Paradex CL-USD-PERP	+0.0015%	8h	90.362	−0.001%	$15K	$367	5x	as long as short
Coinbase International WTIOIL-PERP-INTX	+0.0016%	1h	90.300	−0.070%	$406K	$1.0M	15x	as long as short
Lighter WTI	+0.0024%	1h	90.359	−0.004%	$10.9M	$9.4M	20x	as long as short
Ondo Perps WTI-USD.P	+0.0030%	1h	90.340	−0.025%	$3.5M	$5.1M	20x	as long as short
Extended WTI-USD	+0.0032%	1h	90.410	+0.052%	$1.6M	$13.6M	10x	as long as short
StandX CL-USD	+0.0040%	1h	90.620	+0.284%	$705K	$2.8M	40x	as long as short
Vest CL-PERP	+0.0046%	1h	90.540	+0.196%	—	$313K	10x	as long as short
Polymarket Perps WTIOIL-USD	+0.0050%	1h	90.558	+0.216%	$1.6M	$1.2M	20x	as long as short
SoDEX CL-USD	+0.0050%	1h	90.430	+0.074%	$2.0M	$79K	20x	as long as short
Pacifica CL	+0.0100%	1h	90.387	+0.027%	$335K	$573K	10x	as long as short
KuCoin CLUSDTMshort	+0.0100%	4h	90.388	+0.028%	$6.9M	$2.8M	50x
ApeX Omni CLUSDT	+0.0100%	1h	90.430	+0.074%	$53K	$266K	50x	as long as short
Aevo WTIOIL-PERP	+0.0104%	1h	90.457	+0.104%	$4K	—	10x	as long as short
BloFin CL-USDT	+0.0190%	4h	90.480	+0.129%	$4.1M	$997K	50x	as long as short
Injective WTI/USDC PERP	+0.0220%	1h	102.13	+13.026%	$19K	$5K	30x	as long as short
GMX WTIOIL/USD [ETH-USDC]	L +0.0254% / S −0.0184%	1h	90.445	+0.091%	$84K	—	111x	as long as short