CL

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0154%/8h= −16.8% APRnext payment −$0.77 per $10,000 · paid last 24h −0.015%

Price spread now: Binance against edgeX+0.008%90s7-day average +0.048% · you sell dearer than you buy

Net, funding: paid 7d − costs−$27as 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−$400.403% of the position

Long on edgeX Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days+0.134%+$13 on $10k

Price spread, last 4 days (all we have)−0.028%−$3 · spread now +0.008%, 7d avg +0.048%

Together, before fees+0.106%+ Points / potential airdropedgeX: Active · farm board+$11 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$5 a day on $10k at the current rate, and Binance is 0.040% cheaper against edgeX than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of +0.048%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.134%, so the current rate has only just turned against you. The two prices were read 90 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	edgeX CLUSDC	92.750	−0.0056	get 0.0028% / 4h	1h 34m	$528K	$302K	30x
Short	Binance CLUSDT	92.758	−0.0210	pay 0.0105% / 4h	1h 34m	$244.6M	$955.8M	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance 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 BinancebpOrdersPrice spread, now +0.008%Rate

Funding earned: −$32.27
Price spread: +0.008% → +0.048%: −$4.02
Slippage, 4 orders: −$21.33
Fee edgeX: 4.5 bp × 2 orders: −$9
Fee Binance: 5 bp × 2 orders: −$10
Net: −$76.62
Costs to cover: 0.403%
Break-even: never at this rate

Slippage from edgeX: live order book, 30 min ago; Binance: live order book, 10 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, 30 min ago	10.13 bp	14.6 bp −$15	15.0 bp −$150	22.8 bp −$2,277	doesn't fit
Sell Binance live order book, 10 min ago	0.54 bp	5.5 bp −$6	5.8 bp −$58	9.3 bp −$932	25.0 bp −$12.5K

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	−0.0612%	1h	92.730	−0.022%	$198K	$369K	15x	as long as short
Aster CLUSD1	−0.0249%	4h	92.754	+0.004%	$23.9M	$68.8M	20x	as long as short
GRVT CL_USDT_Perp	−0.0230%	4h	92.720	−0.033%	$61K	$633K	25x	as long as short
Binance CLUSDTshort	−0.0210%	4h	92.758	+0.008%	$244.6M	$955.8M	100x
Variational Omni CL	−0.0204%	4h	92.697	−0.058%	$13.5M	$11.1M	—	as long as short
Ondo Perps WTI-USD.P	−0.0171%	1h	92.690	−0.065%	$3.5M	$5.6M	20x	as long as short
Nado WTI-PERP	−0.0148%	1h	92.817	+0.072%	$960K	$664K	10x	as long as short
Gate CL_USDT	−0.0091%	8h	92.700	−0.054%	$20.9M	$52.5M	100x	as long as short
tradeXYZ xyz:CL	−0.0071%	1h	92.771	+0.022%	$184.4M	$218.3M	20x	as long as short
edgeX CLUSDClong	−0.0056%	4h	92.750	long leg	$528K	$302K	30x

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
OKX CL-USDT-SWAP	−0.0043%	4h	92.730	−0.022%	$42.7M	$101.9M	50x	as long as short
Coinbase International WTIOIL-PERP-INTX	−0.0040%	1h	92.750	0.000%	$402K	$944K	15x	as long as short
Aftermath Perps WTIUSD	−0.0037%	1h	92.760	+0.010%	$2K	$27K	5x	as long as short
QFEX CL-USD	−0.0032%	1h	92.770	+0.021%	$2.5M	$1.7M	10x	as long as short
Extended WTI-USD	−0.0008%	1h	92.800	+0.054%	$2.1M	$22.9M	10x	as long as short
Lighter WTI	0.0000%	1h	92.760	+0.010%	$11.2M	$10.4M	20x	as long as short
dYdX WTI-USD	0.0000%	1h	92.761	+0.012%	$8K	$3K	5x	as long as short
Bybit CLUSDT	0.0000%	8h	92.756	+0.006%	$26.4M	$81.3M	150x	as long as short
Bitget CLUSDT	0.0000%	4h	92.754	+0.004%	$41.9M	$43.3M	100x	as long as short
Phoenix WTIOIL	0.0000%	1h	92.790	+0.043%	$37K	$42K	20x	as long as short
Bullet WTIOIL-USD	0.0000%	1h	92.756	+0.007%	$18K	$242K	10x	as long as short
gTrade (Gains Network) WTI/USD	L 0.0000% / S +0.0036%	1h	92.325	−0.459%	$5K	—	150x	as long as short
Paradex CL-USD-PERP	+0.0019%	8h	92.738	−0.013%	$16K	$367	5x	as long as short
StandX CL-USD	+0.0040%	1h	92.490	−0.281%	$727K	$2.9M	40x	as long as short
Vest CL-PERP	+0.0046%	1h	92.780	+0.032%	—	$310K	10x	as long as short
KuCoin CLUSDTM	+0.0048%	4h	92.764	+0.015%	$7.3M	$2.3M	50x	as long as short
Polymarket Perps WTIOIL-USD	+0.0050%	1h	92.756	+0.006%	$1.6M	$1.3M	20x	as long as short
SoDEX CL-USD	+0.0050%	1h	92.757	+0.007%	$2.1M	$61K	20x	as long as short
RISEx CL/USDC	+0.0066%	1h	92.861	+0.119%	$3.3M	$2.7M	20x	as long as short
Pacifica CL	+0.0100%	1h	92.745	−0.006%	$331K	$618K	10x	as long as short
ApeX Omni CLUSDT	+0.0100%	1h	92.670	−0.087%	$56K	$265K	50x	as long as short
Aevo WTIOIL-PERP	+0.0104%	1h	92.719	−0.033%	$4K	—	10x	as long as short
Kraken Futures PF_WTIOILUSD	+0.0105%	1h	92.767	+0.018%	$273K	$872K	25x	as long as short
BloFin CL-USDT	+0.0204%	4h	92.740	−0.011%	$4.0M	$1.1M	50x	as long as short
GMX WTIOIL/USD [ETH-USDC]	L +0.0207% / S −0.0131%	1h	92.755	+0.005%	$78K	—	111x	as long as short
Injective WTI/USDC PERP	+0.0220%	1h	101.95	+9.923%	$19K	$11K	30x	as long as short