CL

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0429%/8h= −47.0% APRnext payment −$2.14 per $10,000 · paid last 24h −0.032%

Price spread now: Aster against edgeX−0.007%7-day average +0.013% · you buy dearer than you sell

Net, funding: paid 7d − costs−$23as in the Funding arb table

Net, price: spread back to 7d avg − costs−$40as in the Price arb table

costs, in and out, $10k−$380.380% of the position

Long on edgeX Short on Aster

What this pair did over the last

the charts below follow

Funding, last 7 days+0.153%+$15 on $10k

Price spread, last 3 days (all we have)−0.026%−$3 · spread now −0.007%, 7d avg +0.013%

Together, before fees+0.127%+ Points / potential airdropedgeX: Active · Aster: Stage 5 · farm board+$13 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$13 a day on $10k at the current rate, and Aster is 0.021% cheaper against edgeX than usual: you would sell low and buy high (−$2 if the spread goes back to its 7-day average of +0.013%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.153%, so the current rate has only just turned against you.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.153% in total (about 8.0% a year). A funding rate is set anew for every payment; at this rate the next one is about −$2.14 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	edgeX CLUSDC	92.657	0.0095	pay 0.0048% / 4h	3h 12m	$533K	$300K	30x
Short	Aster CLUSD1	92.650	−0.0334	pay 0.0167% / 4h	3h 12m	$24.0M	$75.4M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster against edgeX. 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 edgeXbpFee AsterbpOrdersPrice spread, now −0.007%Rate

Funding earned: −$90.04
Price spread: −0.007% → +0.013%: −$2.06
Slippage, 4 orders: −$21.03
Fee edgeX: 4.5 bp × 2 orders: −$9
Fee Aster: 4 bp × 2 orders: −$8
Net: −$130.14
Costs to cover: 0.380%
Break-even: never at this rate

Slippage from edgeX: live order book, 61 min ago; Aster: live order book, 1 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 edgeX live order book, 61 min ago	9.98 bp	14.5 bp −$14	15.0 bp −$150	22.1 bp −$2,213	doesn't fit
Sell Aster live order book, 1 min ago	0.54 bp	4.5 bp −$5	5.1 bp −$51	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
GRVT CL_USDT_Perp	−0.0360%	4h	92.647	−0.011%	$58K	$684K	25x	as long as short
Aster CLUSD1short	−0.0334%	4h	92.650	−0.007%	$24.0M	$75.4M	20x
Deribit WTIOIL_USDC-PERPETUAL	−0.0290%	1h	92.620	−0.040%	$123K	$275K	15x	as long as short
Binance CLUSDT	−0.0280%	4h	92.628	−0.031%	$244.5M	$1.03B	100x	as long as short
Variational Omni CL	−0.0271%	4h	92.631	−0.028%	$13.3M	$11.4M	—	as long as short
Gate CL_USDT	−0.0205%	8h	92.570	−0.094%	$21.3M	$55.5M	100x	as long as short
Kraken Futures PF_WTIOILUSD	−0.0120%	1h	92.673	+0.017%	$275K	$914K	25x	as long as short
Ondo Perps WTI-USD.P	−0.0054%	1h	92.630	−0.029%	$3.6M	$5.9M	20x	as long as short
Nado WTI-PERP	−0.0053%	1h	92.715	+0.062%	$934K	$708K	10x	as long as short
Coinbase International WTIOIL-PERP-INTX	−0.0040%	1h	92.030	−0.677%	$399K	$956K	15x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
QFEX CL-USD	−0.0040%	1h	92.650	−0.007%	$2.4M	$1.7M	10x	as long as short
tradeXYZ xyz:CL	−0.0032%	1h	92.634	−0.025%	$185.8M	$237.1M	20x	as long as short
dYdX WTI-USD	0.0000%	1h	92.666	+0.010%	$8K	$3K	5x	as long as short
Bybit CLUSDT	0.0000%	8h	92.650	−0.007%	$26.5M	$89.5M	150x	as long as short
OKX CL-USDT-SWAP	0.0000%	4h	92.610	−0.051%	$43.0M	$108.3M	50x	as long as short
RISEx CL/USDC	0.0000%	1h	92.799	+0.153%	$3.3M	$2.7M	20x	as long as short
Bitget CLUSDT	0.0000%	4h	92.629	−0.030%	$42.2M	$48.2M	100x	as long as short
Phoenix WTIOIL	0.0000%	1h	92.710	+0.057%	$37K	$66K	20x	as long as short
Bullet WTIOIL-USD	0.0000%	1h	92.653	−0.004%	$19K	$240K	10x	as long as short
gTrade (Gains Network) WTI/USD	L 0.0000% / S +0.0036%	1h	92.202	−0.491%	$5K	—	150x	as long as short
Paradex CL-USD-PERP	+0.0004%	8h	92.658	+0.001%	$15K	$367	5x	as long as short
Extended WTI-USD	+0.0016%	1h	92.670	+0.014%	$2.3M	$25.9M	10x	as long as short
Lighter WTI	+0.0024%	1h	92.649	−0.008%	$11.2M	$10.2M	20x	as long as short
StandX CL-USD	+0.0040%	1h	92.360	−0.320%	$722K	$3.1M	40x	as long as short
Vest CL-PERP	+0.0046%	1h	92.680	+0.025%	—	$310K	10x	as long as short
Polymarket Perps WTIOIL-USD	+0.0050%	1h	92.665	+0.009%	$1.6M	$1.4M	20x	as long as short
SoDEX CL-USD	+0.0050%	1h	92.631	−0.028%	$2.0M	$38K	20x	as long as short
KuCoin CLUSDTM	+0.0086%	4h	92.636	−0.023%	$7.2M	$2.3M	50x	as long as short
edgeX CLUSDClong	+0.0095%	4h	92.657	long leg	$533K	$300K	30x
Pacifica CL	+0.0100%	1h	92.673	+0.017%	$357K	$602K	10x	as long as short
ApeX Omni CLUSDT	+0.0100%	1h	92.670	+0.014%	$56K	$265K	50x	as long as short
Aevo WTIOIL-PERP	+0.0104%	1h	92.618	−0.042%	$4K	—	10x	as long as short
Aftermath Perps WTIUSD	+0.0166%	1h	92.657	0.000%	$2K	$28K	5x	as long as short
GMX WTIOIL/USD [ETH-USDC]	L +0.0206% / S −0.0131%	1h	92.655	−0.002%	$78K	—	111x	as long as short
Injective WTI/USDC PERP	+0.0220%	1h	101.69	+9.749%	$19K	$11K	30x	as long as short
BloFin CL-USDT	+0.0240%	4h	92.640	−0.018%	$4.0M	$1.2M	50x	as long as short