CL

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0140%/8h= −15.3% APRnext payment −$0.70 per $10,000 · paid last 24h −0.046%

Price spread now: KuCoin against BloFin+0.011%95s7-day average +0.023% · you sell dearer than you buy

Net, funding: paid 7d − costs−$48as 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−$320.319% of the position

Long on BloFin Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days−0.165%−$16 on $10k

Price spread, last 4 days (all we have)+0.126%+$13 · spread now +0.011%, 7d avg +0.023%

Together, before fees−0.039%−$4 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.023%, so right now this pair is about funding alone: −$4 a day on $10k at the current rate. The two prices were read 95 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	93.340	0.0172	pay 0.0086% / 4h	2h 49m	$4.0M	$983K	50x
Short	KuCoin CLUSDTM	93.350	0.0032	get 0.0016% / 4h	2h 49m	$7.1M	$2.4M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin 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 KuCoinbpOrdersPrice spread, now +0.011%Rate

Funding earned: −$29.37
Price spread: +0.011% → +0.023%: −$1.23
Slippage, 4 orders: −$7.92
Fee BloFin: 6 bp × 2 orders: −$12
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$62.52
Costs to cover: 0.319%
Break-even: never at this rate

Slippage from BloFin: live order book, 4 min ago; KuCoin: 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, 4 min ago	1.07 bp	7.1 bp −$7	7.1 bp −$71	9.1 bp −$907	23.1 bp −$11.6K
Sell KuCoin live order book, 3 min ago	0.96 bp	8.5 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
Deribit WTIOIL_USDC-PERPETUAL	−0.0607%	1h	93.290	−0.054%	$197K	$372K	15x	as long as short
GRVT CL_USDT_Perp	−0.0348%	4h	93.320	−0.021%	$58K	$649K	25x	as long as short
Aster CLUSD1	−0.0297%	4h	93.330	−0.011%	$24.3M	$66.5M	20x	as long as short
Kraken Futures PF_WTIOILUSD	−0.0204%	1h	93.342	+0.002%	$283K	$962K	25x	as long as short
Binance CLUSDT	−0.0197%	4h	93.301	−0.042%	$246.4M	$936.5M	100x	as long as short
Variational Omni CL	−0.0185%	4h	93.329	−0.012%	$13.3M	$10.9M	—	as long as short
Ondo Perps WTI-USD.P	−0.0162%	1h	93.280	−0.064%	$3.5M	$5.3M	20x	as long as short
Aftermath Perps WTIUSD	−0.0138%	1h	93.325	−0.016%	$2K	$26K	5x	as long as short
Bitget CLUSDT	−0.0134%	4h	93.295	−0.048%	$42.1M	$43.1M	100x	as long as short
Nado WTI-PERP	−0.0129%	1h	93.405	+0.070%	$967K	$621K	10x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
tradeXYZ xyz:CL	−0.0081%	1h	93.297	−0.046%	$184.4M	$215.4M	20x	as long as short
Gate CL_USDT	−0.0073%	8h	93.240	−0.107%	$21.6M	$49.1M	100x	as long as short
OKX CL-USDT-SWAP	−0.0067%	4h	93.290	−0.054%	$42.6M	$102.5M	50x	as long as short
edgeX CLUSDC	−0.0065%	4h	93.310	−0.032%	$524K	$306K	30x	as long as short
Coinbase International WTIOIL-PERP-INTX	−0.0040%	1h	93.160	−0.193%	$403K	$929K	15x	as long as short
QFEX CL-USD	−0.0032%	1h	93.320	−0.021%	$2.3M	$2.1M	10x	as long as short
Lighter WTI	−0.0016%	1h	93.299	−0.044%	$11.2M	$9.8M	20x	as long as short
Paradex CL-USD-PERP	−0.0011%	8h	93.288	−0.055%	$16K	$367	5x	as long as short
dYdX WTI-USD	0.0000%	1h	93.329	−0.011%	$8K	$3K	5x	as long as short
Bybit CLUSDT	0.0000%	8h	93.317	−0.025%	$27.1M	$79.9M	150x	as long as short
RISEx CL/USDC	0.0000%	1h	93.407	+0.071%	$3.1M	$2.9M	20x	as long as short
Phoenix WTIOIL	0.0000%	1h	93.380	+0.043%	$37K	$41K	20x	as long as short
Bullet WTIOIL-USD	0.0000%	1h	93.337	−0.003%	$18K	$241K	10x	as long as short
gTrade (Gains Network) WTI/USD	L 0.0000% / S +0.0036%	1h	92.882	−0.491%	$5K	—	150x	as long as short
Extended WTI-USD	+0.0032%	1h	93.350	+0.011%	$2.0M	$18.0M	10x	as long as short
KuCoin CLUSDTMshort	+0.0032%	4h	93.350	+0.011%	$7.1M	$2.4M	50x
StandX CL-USD	+0.0040%	1h	93.330	−0.011%	$738K	$2.9M	40x	as long as short
Vest CL-PERP	+0.0046%	1h	93.350	+0.011%	—	$313K	10x	as long as short
Pacifica CL	+0.0047%	1h	93.299	−0.044%	$331K	$576K	10x	as long as short
Polymarket Perps WTIOIL-USD	+0.0050%	1h	93.342	+0.002%	$1.7M	$1.3M	20x	as long as short
SoDEX CL-USD	+0.0050%	1h	93.313	−0.029%	$2.1M	$60K	20x	as long as short
ApeX Omni CLUSDT	+0.0100%	1h	93.330	−0.011%	$54K	$267K	50x	as long as short
Aevo WTIOIL-PERP	+0.0104%	1h	93.304	−0.039%	$4K	—	10x	as long as short
BloFin CL-USDTlong	+0.0172%	4h	93.340	long leg	$4.0M	$983K	50x
Injective WTI/USDC PERP	+0.0220%	1h	102.57	+9.891%	$19K	$11K	30x	as long as short
GMX WTIOIL/USD [ETH-USDC]	L +0.0230% / S −0.0160%	1h	93.325	−0.016%	$82K	—	111x	as long as short