CL

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0071%/8h= +7.8% APRnext payment +$0.35 per $10,000 · paid last 24h +0.033%

Price spread now: KuCoin against edgeX+0.069%53s7-day average +0.018% · you sell dearer than you buy

Net, funding: paid 7d − costs−$13as 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−$480.479% of the position

Long on edgeX Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.344%+$34 on $10k

Price spread, last 4 days (all we have)−0.047%−$5 · spread now +0.069%, 7d avg +0.018%

Together, before fees+0.297%+ Points / potential airdropedgeX: Active · farm board+$30 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and KuCoin is 0.051% dearer against edgeX than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of +0.018%. The two prices were read 53 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	92.900	−0.0065	get 0.0032% / 4h	1h 06m	$529K	$302K	30x
Short	KuCoin CLUSDTM	92.964	0.0006	get 0.0003% / 4h	1h 06m	$7.1M	$2.4M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin 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 KuCoinbpOrdersPrice spread, now +0.069%Rate

Funding earned: $14.89
Price spread: +0.069% → +0.018%: $5.08
Slippage, 4 orders: −$26.9
Fee edgeX: 4.5 bp × 2 orders: −$9
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$27.92
Costs to cover: 0.479%
Break-even: 20.1 days

Slippage from edgeX: live order book, 57 min ago; KuCoin: 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, 57 min ago	10.13 bp	14.6 bp −$15	15.0 bp −$150	22.8 bp −$2,277	doesn't fit
Sell KuCoin live order book, 1 min ago	1.83 bp	9.6 bp −$10	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	−0.0610%	1h	92.900	0.000%	$198K	$369K	15x	as long as short
Aster CLUSD1	−0.0264%	4h	92.960	+0.065%	$24.0M	$68.1M	20x	as long as short
GRVT CL_USDT_Perp	−0.0246%	4h	92.885	−0.015%	$53K	$635K	25x	as long as short
Binance CLUSDT	−0.0207%	4h	92.970	+0.076%	$244.7M	$951.9M	100x	as long as short
Variational Omni CL	−0.0197%	4h	92.897	−0.003%	$13.5M	$11.2M	—	as long as short
Ondo Perps WTI-USD.P	−0.0165%	1h	92.890	−0.010%	$3.5M	$5.6M	20x	as long as short
Nado WTI-PERP	−0.0149%	1h	93.011	+0.120%	$961K	$655K	10x	as long as short
OKX CL-USDT-SWAP	−0.0082%	4h	92.970	+0.076%	$42.8M	$102.2M	50x	as long as short
Extended WTI-USD	−0.0080%	1h	93.010	+0.119%	$2.1M	$22.1M	10x	as long as short
tradeXYZ xyz:CL	−0.0073%	1h	92.966	+0.071%	$184.6M	$216.7M	20x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aftermath Perps WTIUSD	−0.0070%	1h	92.913	+0.014%	$2K	$27K	5x	as long as short
Gate CL_USDT	−0.0066%	8h	92.910	+0.011%	$20.9M	$53.2M	100x	as long as short
edgeX CLUSDClong	−0.0065%	4h	92.900	long leg	$529K	$302K	30x
Coinbase International WTIOIL-PERP-INTX	−0.0040%	1h	92.750	−0.161%	$402K	$944K	15x	as long as short
QFEX CL-USD	−0.0032%	1h	92.950	+0.054%	$2.5M	$1.7M	10x	as long as short
Bitget CLUSDT	−0.0020%	4h	92.955	+0.059%	$42.1M	$43.5M	100x	as long as short
Lighter WTI	0.0000%	1h	92.968	+0.073%	$11.2M	$10.6M	20x	as long as short
dYdX WTI-USD	0.0000%	1h	92.937	+0.040%	$8K	$3K	5x	as long as short
Bybit CLUSDT	0.0000%	8h	92.975	+0.081%	$26.6M	$80.8M	150x	as long as short
Phoenix WTIOIL	0.0000%	1h	92.940	+0.043%	$37K	$42K	20x	as long as short
Bullet WTIOIL-USD	0.0000%	1h	92.950	+0.054%	$18K	$241K	10x	as long as short
gTrade (Gains Network) WTI/USD	L 0.0000% / S +0.0036%	1h	92.502	−0.428%	$5K	—	150x	as long as short
KuCoin CLUSDTMshort	+0.0006%	4h	92.964	+0.069%	$7.1M	$2.4M	50x
Paradex CL-USD-PERP	+0.0010%	8h	92.956	+0.061%	$16K	$367	5x	as long as short
StandX CL-USD	+0.0040%	1h	92.880	−0.021%	$733K	$2.9M	40x	as long as short
Vest CL-PERP	+0.0046%	1h	92.960	+0.065%	—	$310K	10x	as long as short
Polymarket Perps WTIOIL-USD	+0.0050%	1h	92.958	+0.063%	$1.6M	$1.2M	20x	as long as short
SoDEX CL-USD	+0.0050%	1h	92.925	+0.027%	$2.1M	$60K	20x	as long as short
RISEx CL/USDC	+0.0066%	1h	93.057	+0.170%	$3.1M	$2.9M	20x	as long as short
Pacifica CL	+0.0100%	1h	92.964	+0.069%	$331K	$619K	10x	as long as short
ApeX Omni CLUSDT	+0.0100%	1h	92.960	+0.065%	$56K	$265K	50x	as long as short
Aevo WTIOIL-PERP	+0.0104%	1h	92.905	+0.006%	$4K	—	10x	as long as short
Kraken Futures PF_WTIOILUSD	+0.0105%	1h	92.970	+0.075%	$274K	$872K	25x	as long as short
BloFin CL-USDT	+0.0162%	4h	92.930	+0.033%	$4.0M	$1.1M	50x	as long as short
GMX WTIOIL/USD [ETH-USDC]	L +0.0207% / S −0.0131%	1h	92.935	+0.038%	$78K	—	111x	as long as short
Injective WTI/USDC PERP	+0.0220%	1h	102.10	+9.901%	$19K	$11K	30x	as long as short