Funding you earn now, next payment 08:00 UTC+0.0078%/8h= +8.6% APRpaid last 24h +0.006%
Price spread now: Bybit against edgeX−0.027%81s7-day average +0.017% · you buy dearer than you sell
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−$420.418% of the position
Funding, last 7 days−0.064%−$6 on $10k
+Price spread, last 4 days (all we have)+0.045%+$4 · spread now −0.027%, 7d avg +0.017%
=Together, before fees−0.019%+ Points / potential airdropedgeX: Active · farm board−$2 on $10k · with fees, hour by hour
Funding pays, the price is against you. Bybit is 0.044% cheaper against edgeX than usual: you would sell low and buy high (spread −0.027% now, against its 7-day average of +0.017%). If the spread goes back, that is −$4 on $10k: about 45 hours of funding at the current rate (+$2 a day). Mind the row above: over the last 7 days funding on this pair cost −0.064%, so the current rate has only just turned in your favour. The two prices were read 81 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 | 93.257 | −0.0078 | get 0.0039% / 4h | 42m 12s | $524K | $306K | 30x |
| Short | Bybit CLUSDT | 93.232 | 0 | get 0.0000% / 8h | 42m 12s | $26.8M | $79.0M | 150x |
edgeX CLUSDC
Bybit CLUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against edgeX. 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
- $16.42
- Price spread: −0.027% → +0.017%
- −$4.38
- Slippage, 4 orders
- −$21.75
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$29.72
- Costs to cover
- 0.418%
- Break-even
- 19.7 days
Slippage from edgeX: live order book, 61 min ago; Bybit: live order book, 2 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 | 10.20 bp | 14.7 bp −$15 | 14.9 bp −$149 | 21.5 bp −$2,149 | doesn't fit |
| Sell Bybit live order book, 2 min ago | 0.54 bp | 6.3 bp −$6 | 7.7 bp −$77 | 16.1 bp −$1,605 | 93.6 bp −$46.8K |
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 | −0.0500% | 1h | 93.210 | −0.051% | $195K | $392K | 15x | as long as short |
| Aster CLUSD1 | −0.0287% | 4h | 93.252 | −0.006% | $24.7M | $64.2M | 20x | as long as short |
| GRVT CL_USDT_Perp | −0.0280% | 4h | 93.371 | +0.122% | $75K | $636K | 25x | as long as short |
| Kraken Futures PF_WTIOILUSD | −0.0209% | 1h | 93.248 | −0.010% | $275K | $939K | 25x | as long as short |
| Binance CLUSDT | −0.0163% | 4h | 93.230 | −0.029% | $247.6M | $917.7M | 100x | as long as short |
| Variational Omni CL | −0.0154% | 4h | 93.227 | −0.033% | $13.4M | $10.6M | — | as long as short |
| Gate CL_USDT | −0.0130% | 8h | 93.170 | −0.094% | $22.9M | $48.9M | 100x | as long as short |
| Bitget CLUSDT | −0.0122% | 4h | 93.200 | −0.061% | $42.2M | $41.5M | 100x | as long as short |
| Aftermath Perps WTIUSD | −0.0115% | 1h | 93.346 | +0.095% | $2K | $26K | 5x | as long as short |
| Nado WTI-PERP | −0.0086% | 1h | 93.333 | +0.081% | $958K | $624K | 10x | as long as short |
Deribit WTIOIL_USDC-PERPETUAL
Aster CLUSD1
GRVT CL_USDT_Perp
Kraken Futures PF_WTIOILUSD
Binance CLUSDT
Variational Omni CL
Gate CL_USDT
Bitget CLUSDT
Aftermath Perps WTIUSD
Nado WTI-PERPShow all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| edgeX CLUSDClong | −0.0078% | 4h | 93.257 | long leg | $524K | $306K | 30x | |
| OKX CL-USDT-SWAP | −0.0063% | 4h | 93.230 | −0.029% | $42.7M | $102.7M | 50x | as long as short |
| QFEX CL-USD | −0.0038% | 1h | 93.260 | +0.003% | $2.3M | $2.4M | 10x | as long as short |
| Ondo Perps WTI-USD.P | −0.0034% | 1h | 93.260 | +0.003% | $3.6M | $5.3M | 20x | as long as short |
| Lighter WTI | −0.0024% | 1h | 93.219 | −0.041% | $11.2M | $9.1M | 20x | as long as short |
| tradeXYZ xyz:CL | −0.0019% | 1h | 93.216 | −0.044% | $184.2M | $202.4M | 20x | as long as short |
| Coinbase International WTIOIL-PERP-INTX | −0.0016% | 1h | 93.540 | +0.303% | $405K | $810K | 15x | as long as short |
| Paradex CL-USD-PERP | −0.0001% | 8h | 93.280 | +0.024% | $16K | $367 | 5x | as long as short |
| dYdX WTI-USD | 0.0000% | 1h | 93.378 | +0.129% | $8K | $3K | 5x | as long as short |
| Bybit CLUSDTshort | 0.0000% | 8h | 93.232 | −0.027% | $26.8M | $79.0M | 150x | |
| RISEx CL/USDC | 0.0000% | 1h | 93.280 | +0.024% | $3.0M | $2.9M | 20x | as long as short |
| Phoenix WTIOIL | 0.0000% | 1h | 93.330 | +0.078% | $37K | $40K | 20x | as long as short |
| Bullet WTIOIL-USD | 0.0000% | 1h | 93.263 | +0.006% | $19K | $240K | 10x | as long as short |
| gTrade (Gains Network) WTI/USD | L 0.0000% / S +0.0036% | 1h | 92.785 | −0.506% | $5K | — | 150x | as long as short |
| Extended WTI-USD | +0.0024% | 1h | 93.280 | +0.024% | $1.6M | $15.1M | 10x | as long as short |
| StandX CL-USD | +0.0040% | 1h | 93.430 | +0.185% | $740K | $2.8M | 40x | as long as short |
| Vest CL-PERP | +0.0046% | 1h | 93.280 | +0.024% | — | $313K | 10x | as long as short |
| Polymarket Perps WTIOIL-USD | +0.0050% | 1h | 93.254 | −0.004% | $1.7M | $1.3M | 20x | as long as short |
| SoDEX CL-USD | +0.0050% | 1h | 93.239 | −0.020% | $2.1M | $60K | 20x | as long as short |
| Pacifica CL | +0.0100% | 1h | 93.307 | +0.054% | $348K | $593K | 10x | as long as short |
| KuCoin CLUSDTM | +0.0100% | 4h | 93.279 | +0.023% | $7.1M | $2.4M | 50x | as long as short |
| ApeX Omni CLUSDT | +0.0100% | 1h | 93.350 | +0.099% | $54K | $266K | 50x | as long as short |
| Aevo WTIOIL-PERP | +0.0104% | 1h | 93.219 | −0.042% | $4K | — | 10x | as long as short |
| BloFin CL-USDT | +0.0175% | 4h | 93.340 | +0.089% | $4.0M | $983K | 50x | as long as short |
| Injective WTI/USDC PERP | +0.0220% | 1h | 102.83 | +10.267% | $19K | $11K | 30x | as long as short |
| GMX WTIOIL/USD [ETH-USDC] | L +0.0253% / S −0.0189% | 1h | 93.235 | −0.024% | $84K | — | 111x | as long as short |
OKX CL-USDT-SWAP
QFEX CL-USD
Ondo Perps WTI-USD.P
Lighter WTI
tradeXYZ xyz:CL
Coinbase International WTIOIL-PERP-INTX
Paradex CL-USD-PERP
dYdX WTI-USD
RISEx CL/USDC
Phoenix WTIOIL
Bullet WTIOIL-USD
gTrade (Gains Network) WTI/USD
Extended WTI-USD
StandX CL-USD
Vest CL-PERP
Polymarket Perps WTIOIL-USD
SoDEX CL-USD
Pacifica CL
KuCoin CLUSDTM
ApeX Omni CLUSDT
Aevo WTIOIL-PERP
BloFin CL-USDT
Injective WTI/USDC PERP
GMX WTIOIL/USD [ETH-USDC]