CL

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0417%/8h= −45.6% APRnext payment −$2.08 per $10,000 · paid last 24h −0.089%

Price spread now: GRVT against BloFin−0.043%7-day average +0.021% · you buy dearer than you sell

Net, funding: paid 7d − costs−$76as in the Funding arb table

Net, price: spread back to 7d avg − costs−$35as in the Price arb table

costs, in and out, $10k−$280.284% of the position

Long on BloFin Short on GRVT

What this pair did over the last

the charts below follow

Funding, last 7 days−0.478%−$48 on $10k

Price spread, last 4 days (all we have)+0.301%+$30 · spread now −0.043%, 7d avg +0.021%

Together, before fees−0.177%+ Points / potential airdropGRVT: Active · farm board−$18 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$12 a day on $10k at the current rate, and GRVT is 0.064% cheaper against BloFin than usual: you would sell low and buy high (−$6 if the spread goes back to its 7-day average of +0.021%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BloFin CL-USDT	93.180	0.0173	pay 0.0086% / 4h	41m 10s	$4.0M	$1.1M	50x
Short	GRVT CL_USDT_Perp	93.140	−0.0244	pay 0.0122% / 4h	41m 10s	$54K	$635K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GRVT against BloFin. 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 BloFinbpFee GRVTbpOrdersPrice spread, now −0.043%Rate

Funding earned: −$87.49
Price spread: −0.043% → +0.021%: −$6.43
Slippage, 4 orders: −$7.4
Fee BloFin: 6 bp × 2 orders: −$12
Fee GRVT: 4.5 bp × 2 orders: −$9
Net: −$122.32
Costs to cover: 0.284%
Break-even: never at this rate

Slippage from BloFin: live order book, 2 min ago; GRVT: live order book, 17 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	0.54 bp	6.5 bp −$7	6.9 bp −$69	11.0 bp −$1,098	24.1 bp −$12.1K
Sell GRVT live order book, 17 min ago	0.54 bp	6.1 bp −$6	8.3 bp −$83	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	−0.0608%	1h	93.140	−0.043%	$199K	$370K	15x	as long as short
Aster CLUSD1	−0.0248%	4h	93.184	+0.004%	$24.0M	$67.5M	20x	as long as short
GRVT CL_USDT_Perpshort	−0.0244%	4h	93.140	−0.043%	$54K	$635K	25x
Kraken Futures PF_WTIOILUSD	−0.0195%	1h	93.189	+0.010%	$274K	$872K	25x	as long as short
Binance CLUSDT	−0.0192%	4h	93.186	+0.007%	$245.0M	$951.1M	100x	as long as short
Variational Omni CL	−0.0184%	4h	93.098	−0.088%	$13.5M	$11.0M	—	as long as short
tradeXYZ xyz:CL	−0.0109%	1h	93.170	−0.011%	$185.0M	$216.3M	20x	as long as short
Ondo Perps WTI-USD.P	−0.0102%	1h	93.100	−0.086%	$3.5M	$5.6M	20x	as long as short
Aftermath Perps WTIUSD	−0.0092%	1h	93.179	−0.001%	$2K	$27K	5x	as long as short
Bitget CLUSDT	−0.0080%	4h	93.169	−0.012%	$42.0M	$43.8M	100x	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	−0.0067%	4h	93.170	−0.011%	$42.6M	$102.9M	50x	as long as short
Gate CL_USDT	−0.0049%	8h	93.130	−0.054%	$20.9M	$51.4M	100x	as long as short
Coinbase International WTIOIL-PERP-INTX	−0.0048%	1h	92.750	−0.461%	$402K	$944K	15x	as long as short
QFEX CL-USD	−0.0043%	1h	93.140	−0.043%	$2.5M	$1.7M	10x	as long as short
edgeX CLUSDC	−0.0041%	4h	93.173	−0.007%	$530K	$299K	30x	as long as short
Nado WTI-PERP	−0.0029%	1h	93.211	+0.033%	$963K	$653K	10x	as long as short
Lighter WTI	−0.0008%	1h	93.181	+0.001%	$11.2M	$10.5M	20x	as long as short
KuCoin CLUSDTM	−0.0002%	4h	93.181	+0.001%	$7.1M	$2.4M	50x	as long as short
dYdX WTI-USD	0.0000%	1h	93.188	+0.009%	$8K	$3K	5x	as long as short
Extended WTI-USD	0.0000%	1h	93.210	+0.032%	$2.1M	$21.2M	10x	as long as short
Bybit CLUSDT	0.0000%	8h	93.201	+0.023%	$26.8M	$80.7M	150x	as long as short
RISEx CL/USDC	0.0000%	1h	93.234	+0.058%	$3.1M	$2.9M	20x	as long as short
Phoenix WTIOIL	0.0000%	1h	93.200	+0.021%	$37K	$42K	20x	as long as short
Bullet WTIOIL-USD	0.0000%	1h	93.176	−0.005%	$19K	$242K	10x	as long as short
gTrade (Gains Network) WTI/USD	L 0.0000% / S +0.0036%	1h	92.744	−0.468%	$5K	—	150x	as long as short
Paradex CL-USD-PERP	+0.0016%	8h	93.147	−0.036%	$16K	$367	5x	as long as short
StandX CL-USD	+0.0040%	1h	93.160	−0.021%	$736K	$2.9M	40x	as long as short
Vest CL-PERP	+0.0046%	1h	93.190	+0.011%	—	$310K	10x	as long as short
Polymarket Perps WTIOIL-USD	+0.0050%	1h	93.175	−0.005%	$1.7M	$1.3M	20x	as long as short
SoDEX CL-USD	+0.0050%	1h	93.180	0.000%	$2.1M	$60K	20x	as long as short
Pacifica CL	+0.0068%	1h	93.159	−0.023%	$329K	$622K	10x	as long as short
ApeX Omni CLUSDT	+0.0100%	1h	93.210	+0.032%	$56K	$265K	50x	as long as short
Aevo WTIOIL-PERP	+0.0104%	1h	93.150	−0.033%	$4K	—	10x	as long as short
BloFin CL-USDTlong	+0.0173%	4h	93.180	long leg	$4.0M	$1.1M	50x
GMX WTIOIL/USD [ETH-USDC]	L +0.0210% / S −0.0134%	1h	93.175	−0.005%	$79K	—	111x	as long as short
Injective WTI/USDC PERP	+0.0220%	1h	102.31	+9.800%	$19K	$11K	30x	as long as short