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: Bitget against BloFin+0.002%75s7-day average +0.010% · you sell dearer than you buy
Net, funding: paid 7d − costs−$77as 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−$320.324% of the position
Funding, last 7 days−0.445%−$44 on $10k
+Price spread, last 3 days (all we have)+0.131%+$13 · spread now +0.002%, 7d avg +0.010%
=The price spread sits at its 7-day average of +0.010%, so right now this pair is about funding alone: −$7 a day on $10k at the current rate. The two prices were read 75 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 | BloFin CL-USDT | 92.000 | 0.0240 | pay 0.0120% / 4h | 2h 25m | $4.0M | $1.5M | 50x |
| Short | Bitget CLUSDT | 92.002 | 0 | get 0.0000% / 4h | 2h 25m | $42.2M | $69.3M | 100x |
BloFin CL-USDT
Bitget CLUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against BloFin. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$50.4
- Price spread: +0.002% → +0.010%
- −$0.76
- Slippage, 4 orders
- −$8.39
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$83.55
- Costs to cover
- 0.324%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 2 min ago; Bitget: live order book, 3 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 BloFin live order book, 2 min ago | 1.09 bp | 7.1 bp −$7 | 7.1 bp −$71 | 11.4 bp −$1,143 | doesn't fit |
| Sell Bitget live order book, 3 min ago | 0.71 bp | 9.3 bp −$9 | 12.4 bp −$124 | doesn't fit | doesn't fit |
CL on 35 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 | |
|---|---|---|---|---|---|---|---|---|
| QFEX CL-USD | −0.0019% | 1h | 92.010 | +0.011% | $2.4M | $2.8M | 10x | as long as short |
| Aster CLUSD1 | 0.0000% | 4h | 92.013 | +0.014% | $24.5M | $77.0M | 20x | as long as short |
| dYdX WTI-USD | 0.0000% | 1h | 91.992 | −0.008% | $8K | $3K | 5x | as long as short |
| Binance CLUSDT | 0.0000% | 4h | 92.020 | +0.022% | $247.1M | $1.14B | 100x | as long as short |
| Bybit CLUSDT | 0.0000% | 8h | 92.025 | +0.027% | $25.4M | $100.3M | 150x | as long as short |
| OKX CL-USDT-SWAP | 0.0000% | 4h | 92.030 | +0.033% | $43.1M | $117.2M | 50x | as long as short |
| Gate CL_USDT | 0.0000% | 8h | 91.950 | −0.054% | $21.2M | $63.1M | 100x | as long as short |
| Bitget CLUSDTshort | 0.0000% | 4h | 92.002 | +0.002% | $42.2M | $69.3M | 100x | |
| Variational Omni CL | 0.0000% | 4h | 92.001 | +0.001% | $13.6M | $16.2M | — | as long as short |
| GRVT CL_USDT_Perp | 0.0000% | 4h | 91.980 | −0.022% | $58K | $782K | 25x | as long as short |
QFEX CL-USD
Aster CLUSD1
dYdX WTI-USD
Binance CLUSDT
Bybit CLUSDT
OKX CL-USDT-SWAP
Gate CL_USDT
Variational Omni CL
GRVT CL_USDT_PerpShow all 35 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Deribit WTIOIL_USDC-PERPETUAL | 0.0000% | 1h | 92.010 | +0.011% | $95K | $291K | 15x | as long as short |
| Aftermath Perps WTIUSD | +0.0001% | 1h | 91.972 | −0.031% | $2K | $31K | 5x | as long as short |
| Phoenix WTIOIL | +0.0009% | 1h | 92.000 | 0.000% | $33K | $99K | 20x | as long as short |
| Bullet WTIOIL-USD | +0.0028% | 1h | 91.987 | −0.014% | $18K | $241K | 10x | as long as short |
| Lighter WTI | +0.0032% | 1h | 91.973 | −0.029% | $11.0M | $12.3M | 20x | as long as short |
| Extended WTI-USD | +0.0032% | 1h | 92.020 | +0.022% | $2.0M | $29.7M | 10x | as long as short |
| Injective WTI/USDC PERP | +0.0033% | 1h | 92.044 | +0.048% | $17K | $18K | 30x | as long as short |
| edgeX CLUSDC | +0.0034% | 4h | 91.967 | −0.036% | $529K | $343K | 30x | as long as short |
| Kraken Futures PF_WTIOILUSD | +0.0040% | 1h | 92.011 | +0.012% | $258K | $1.3M | 25x | as long as short |
| StandX CL-USD | +0.0040% | 1h | 91.990 | −0.011% | $725K | $3.0M | 40x | as long as short |
| Coinbase International WTIOIL-PERP-INTX | +0.0040% | 1h | 92.080 | +0.087% | $393K | $1.3M | 15x | as long as short |
| Vest CL-PERP | +0.0046% | 1h | 92.020 | +0.022% | — | $243K | 10x | as long as short |
| Polymarket Perps WTIOIL-USD | +0.0050% | 1h | 91.981 | −0.021% | $1.6M | $1.4M | 20x | as long as short |
| SoDEX CL-USD | +0.0050% | 1h | 91.992 | −0.009% | $2.0M | $42K | 20x | as long as short |
| Ondo Perps WTI-USD.P | +0.0050% | 1h | 92.000 | 0.000% | $3.5M | $6.6M | 20x | as long as short |
| tradeXYZ xyz:CL | +0.0093% | 1h | 92.019 | +0.021% | $182.4M | $296.4M | 20x | as long as short |
| Pacifica CL | +0.0100% | 1h | 91.981 | −0.021% | $332K | $573K | 10x | as long as short |
| KuCoin CLUSDTM | +0.0100% | 4h | 91.981 | −0.021% | $7.4M | $2.1M | 50x | as long as short |
| ApeX Omni CLUSDT | +0.0100% | 1h | 92.070 | +0.076% | $55K | $265K | 50x | as long as short |
| Paradex CL-USD-PERP | +0.0101% | 8h | 91.973 | −0.029% | $15K | $367 | 5x | as long as short |
| Aevo WTIOIL-PERP | +0.0104% | 1h | 91.977 | −0.024% | $4K | $49 | 10x | as long as short |
| Nado WTI-PERP | +0.0180% | 1h | 91.985 | −0.016% | $879K | $791K | 10x | as long as short |
| GMX WTIOIL/USD [ETH-USDC] | L +0.0212% / S −0.0127% | 1h | 92.005 | +0.005% | $76K | — | 29x | as long as short |
| BloFin CL-USDTlong | +0.0240% | 4h | 92.000 | long leg | $4.0M | $1.5M | 50x | |
| RISEx CL/USDC | +0.0266% | 1h | 92.137 | +0.149% | $3.2M | $2.7M | 20x | as long as short |
Deribit WTIOIL_USDC-PERPETUAL
Aftermath Perps WTIUSD
Phoenix WTIOIL
Bullet WTIOIL-USD
Lighter WTI
Extended WTI-USD
Injective WTI/USDC PERP
edgeX CLUSDC
Kraken Futures PF_WTIOILUSD
StandX CL-USD
Coinbase International WTIOIL-PERP-INTX
Vest CL-PERP
Polymarket Perps WTIOIL-USD
SoDEX CL-USD
Ondo Perps WTI-USD.P
tradeXYZ xyz:CL
Pacifica CL
KuCoin CLUSDTM
ApeX Omni CLUSDT
Paradex CL-USD-PERP
Aevo WTIOIL-PERP
Nado WTI-PERP
GMX WTIOIL/USD [ETH-USDC]
RISEx CL/USDC