CL

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0210%/8h= −23.0% APRnext payment −$0.26 per $10,000 · paid last 24h −0.019%

Price spread now: Kraken Futures against gTrade (Gains Network)+0.505%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on gTrade (Gains Network)Short on Kraken Futures

What this pair did over the last

the charts below follow

Funding, last 1 day (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

The price spread pays, funding is against you. Kraken Futures is 0.505% dearer against gTrade (Gains Network) than usual: you sell high and buy low (spread +0.505% now, against zero (this spread has no 7-day history yet)): +$51 on $10k if it goes back. Holding the pair costs −$6 a day in funding at the current rate, which eats that in about 8.0 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	gTrade (Gains Network) WTI/USD	92.701	L 0.0000% / S +0.0036%	pay 0.0000% / 1h	35m 32s	$5K	—	150x
Short	Kraken Futures PF_WTIOILUSD	93.169	−0.0210	pay 0.0026% / 1h	35m 32s	$275K	$938K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Kraken Futures against gTrade (Gains Network). 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 gTrade (Gains Network)bpFee Kraken FuturesbpOrdersPrice spread, now +0.505%Rate

Funding earned: −$44.03
Price spread: +0.505% → 0.000%: $50.51
Slippage, 4 orders: no order book: not counted
Fee gTrade (Gains Network): 4 bp × 2 orders: −$8
Fee Kraken Futures: 5 bp × 2 orders: −$10
Net: −$11.52
Costs to cover: 0.180%
Break-even: from the start

Slippage unknown: gTrade (Gains Network): no order-book sample; Kraken Futures: live order book, 8 min ago. Net counts fees only.

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 gTrade (Gains Network) no order-book sample	—	—	—	—	—
Sell Kraken Futures live order book, 8 min ago	2.04 bp	9.4 bp −$9	17.6 bp −$176	doesn't fit	doesn't fit

gTrade (Gains Network): no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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	−0.0394%	1h	93.150	+0.484%	$195K	$394K	15x	as long as short
Aster CLUSD1	−0.0287%	4h	93.143	+0.477%	$24.7M	$64.6M	20x	as long as short
GRVT CL_USDT_Perp	−0.0272%	4h	93.210	+0.549%	$75K	$636K	25x	as long as short
Kraken Futures PF_WTIOILUSDshort	−0.0210%	1h	93.169	+0.505%	$275K	$938K	25x
Binance CLUSDT	−0.0160%	4h	93.118	+0.449%	$247.2M	$921.2M	100x	as long as short
Variational Omni CL	−0.0143%	4h	93.137	+0.470%	$13.4M	$10.6M	—	as long as short
Gate CL_USDT	−0.0129%	8h	93.050	+0.376%	$22.9M	$49.1M	100x	as long as short
Bitget CLUSDT	−0.0124%	4h	93.069	+0.397%	$42.3M	$41.7M	100x	as long as short
Aftermath Perps WTIUSD	−0.0112%	1h	93.237	+0.578%	$2K	$26K	5x	as long as short
Nado WTI-PERP	−0.0092%	1h	93.182	+0.518%	$954K	$623K	10x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
OKX CL-USDT-SWAP	−0.0071%	4h	93.070	+0.398%	$42.7M	$102.6M	50x	as long as short
edgeX CLUSDC	−0.0057%	4h	93.176	+0.512%	$524K	$305K	30x	as long as short
QFEX CL-USD	−0.0038%	1h	93.110	+0.441%	$2.3M	$2.4M	10x	as long as short
tradeXYZ xyz:CL	−0.0034%	1h	93.082	+0.411%	$183.9M	$199.6M	20x	as long as short
Ondo Perps WTI-USD.P	−0.0018%	1h	93.060	+0.387%	$3.6M	$5.3M	20x	as long as short
Lighter WTI	−0.0016%	1h	93.103	+0.434%	$11.2M	$9.2M	20x	as long as short
Coinbase International WTIOIL-PERP-INTX	−0.0016%	1h	93.540	+0.905%	$405K	$810K	15x	as long as short
Paradex CL-USD-PERP	−0.0003%	8h	93.088	+0.418%	$16K	$367	5x	as long as short
dYdX WTI-USD	0.0000%	1h	93.162	+0.497%	$8K	$3K	5x	as long as short
Bybit CLUSDT	0.0000%	8h	93.101	+0.431%	$26.7M	$79.1M	150x	as long as short
RISEx CL/USDC	0.0000%	1h	93.153	+0.488%	$3.0M	$2.9M	20x	as long as short
Phoenix WTIOIL	0.0000%	1h	93.290	+0.635%	$37K	$40K	20x	as long as short
Bullet WTIOIL-USD	0.0000%	1h	93.156	+0.490%	$18K	$240K	10x	as long as short
gTrade (Gains Network) WTI/USDlong	L 0.0000% / S +0.0036%	1h	92.701	long leg	$5K	—	150x
Extended WTI-USD	+0.0016%	1h	93.160	+0.495%	$1.6M	$14.9M	10x	as long as short
StandX CL-USD	+0.0040%	1h	93.220	+0.560%	$739K	$2.8M	40x	as long as short
Vest CL-PERP	+0.0046%	1h	93.110	+0.441%	—	$313K	10x	as long as short
Polymarket Perps WTIOIL-USD	+0.0050%	1h	93.102	+0.433%	$1.7M	$1.3M	20x	as long as short
SoDEX CL-USD	+0.0050%	1h	93.162	+0.497%	$2.1M	$60K	20x	as long as short
Pacifica CL	+0.0100%	1h	93.107	+0.437%	$347K	$593K	10x	as long as short
KuCoin CLUSDTM	+0.0100%	4h	93.143	+0.477%	$7.1M	$2.4M	50x	as long as short
ApeX Omni CLUSDT	+0.0100%	1h	93.170	+0.506%	$54K	$266K	50x	as long as short
Aevo WTIOIL-PERP	+0.0104%	1h	93.132	+0.465%	$4K	—	10x	as long as short
BloFin CL-USDT	+0.0173%	4h	93.180	+0.517%	$4.0M	$983K	50x	as long as short
Injective WTI/USDC PERP	+0.0220%	1h	102.45	+10.517%	$19K	$11K	30x	as long as short
GMX WTIOIL/USD [ETH-USDC]	L +0.0255% / S −0.0190%	1h	93.155	+0.490%	$83K	—	111x	as long as short