Funding you earn now, next payment 05:00 UTC−0.0033%/8h= −3.6% APRnext payment −$0.04 per $10,000 · paid last 24h −0.005%
Price spread now: QFEX against gTrade (Gains Network)+0.512%49s7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
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. QFEX is 0.512% dearer against gTrade (Gains Network) than usual: you sell high and buy low (spread +0.512% now, against zero (this spread has no 7-day history yet)): +$51 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 52 days. The two prices were read 49 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 | gTrade (Gains Network) WTI/USD | 92.755 | L 0.0000% / S +0.0036% | pay 0.0000% / 1h | 48m 33s | $5K | — | 150x |
| Short | QFEX CL-USD | 93.230 | −0.0033 | pay 0.0004% / 1h | 48m 33s | $2.3M | $1.8M | 10x |
gTrade (Gains Network) WTI/USD
QFEX CL-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
QFEX 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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$6.91
- Price spread: +0.512% → 0.000%
- $51.21
- Slippage, 4 orders
- no order book: not counted
- Fee gTrade (Gains Network): 4 bp × 2 orders
- −$8
- Fee QFEX: 5 bp × 2 orders
- −$10
- Net
- $26.3
- Costs to cover
- 0.180%
- Break-even
- from the start
Slippage unknown: gTrade (Gains Network): no order-book sample; QFEX: live order book, 4 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 QFEX live order book, 4 min ago | 1.61 bp | 6.6 bp −$7 | 6.6 bp −$66 | 8.3 bp −$828 | 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 | −0.0286% | 1h | 93.180 | +0.458% | $199K | $370K | 15x | as long as short |
| Aster CLUSD1 | −0.0262% | 4h | 93.290 | +0.577% | $24.1M | $66.8M | 20x | as long as short |
| GRVT CL_USDT_Perp | −0.0238% | 4h | 93.007 | +0.272% | $54K | $658K | 25x | as long as short |
| Binance CLUSDT | −0.0172% | 4h | 93.270 | +0.555% | $245.6M | $943.1M | 100x | as long as short |
| Variational Omni CL | −0.0167% | 4h | 93.119 | +0.392% | $13.5M | $10.7M | — | as long as short |
| Nado WTI-PERP | −0.0126% | 1h | 93.297 | +0.584% | $966K | $644K | 10x | as long as short |
| Bitget CLUSDT | −0.0122% | 4h | 93.258 | +0.542% | $42.0M | $43.3M | 100x | as long as short |
| Aftermath Perps WTIUSD | −0.0111% | 1h | 93.090 | +0.361% | $2K | $27K | 5x | as long as short |
| Ondo Perps WTI-USD.P | −0.0109% | 1h | 93.200 | +0.480% | $3.5M | $5.3M | 20x | as long as short |
| edgeX CLUSDC | −0.0077% | 4h | 93.022 | +0.288% | $526K | $303K | 30x | as long as short |
Deribit WTIOIL_USDC-PERPETUAL
Aster CLUSD1
GRVT CL_USDT_Perp
Binance CLUSDT
Variational Omni CL
Nado WTI-PERP
Bitget CLUSDT
Aftermath Perps WTIUSD
Ondo Perps WTI-USD.P
edgeX CLUSDCShow all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_WTIOILUSD | −0.0061% | 1h | 93.205 | +0.485% | $269K | $938K | 25x | as long as short |
| Gate CL_USDT | −0.0046% | 8h | 93.200 | +0.480% | $21.0M | $50.7M | 100x | as long as short |
| Coinbase International WTIOIL-PERP-INTX | −0.0040% | 1h | 93.190 | +0.469% | $401K | $928K | 15x | as long as short |
| OKX CL-USDT-SWAP | −0.0036% | 4h | 93.270 | +0.555% | $42.7M | $102.7M | 50x | as long as short |
| QFEX CL-USDshort | −0.0033% | 1h | 93.230 | +0.512% | $2.3M | $1.8M | 10x | |
| KuCoin CLUSDTM | −0.0014% | 4h | 93.278 | +0.564% | $7.1M | $2.4M | 50x | as long as short |
| Phoenix WTIOIL | −0.0009% | 1h | 93.050 | +0.318% | $37K | $41K | 20x | as long as short |
| dYdX WTI-USD | 0.0000% | 1h | 93.272 | +0.558% | $8K | $3K | 5x | as long as short |
| Bybit CLUSDT | 0.0000% | 8h | 93.290 | +0.577% | $27.0M | $80.9M | 150x | as long as short |
| RISEx CL/USDC | 0.0000% | 1h | 93.330 | +0.620% | $3.1M | $2.9M | 20x | as long as short |
| Bullet WTIOIL-USD | 0.0000% | 1h | 93.189 | +0.468% | $19K | $242K | 10x | as long as short |
| gTrade (Gains Network) WTI/USDlong | L 0.0000% / S +0.0036% | 1h | 92.755 | long leg | $5K | — | 150x | |
| tradeXYZ xyz:CL | +0.0005% | 1h | 93.258 | +0.542% | $184.9M | $218.7M | 20x | as long as short |
| Paradex CL-USD-PERP | +0.0013% | 8h | 93.232 | +0.514% | $16K | $367 | 5x | as long as short |
| Lighter WTI | +0.0032% | 1h | 93.241 | +0.524% | $11.2M | $10.3M | 20x | as long as short |
| Extended WTI-USD | +0.0032% | 1h | 93.280 | +0.566% | $2.0M | $19.7M | 10x | as long as short |
| StandX CL-USD | +0.0040% | 1h | 93.170 | +0.447% | $736K | $2.9M | 40x | as long as short |
| Vest CL-PERP | +0.0046% | 1h | 93.250 | +0.534% | — | $313K | 10x | as long as short |
| Polymarket Perps WTIOIL-USD | +0.0050% | 1h | 93.259 | +0.543% | $1.7M | $1.3M | 20x | as long as short |
| SoDEX CL-USD | +0.0050% | 1h | 93.203 | +0.483% | $2.1M | $60K | 20x | as long as short |
| Pacifica CL | +0.0100% | 1h | 93.261 | +0.546% | $331K | $597K | 10x | as long as short |
| ApeX Omni CLUSDT | +0.0100% | 1h | 93.120 | +0.394% | $56K | $266K | 50x | as long as short |
| Aevo WTIOIL-PERP | +0.0104% | 1h | 93.154 | +0.430% | $4K | — | 10x | as long as short |
| BloFin CL-USDT | +0.0200% | 4h | 93.190 | +0.469% | $4.0M | $998K | 50x | as long as short |
| GMX WTIOIL/USD [ETH-USDC] | L +0.0219% / S −0.0146% | 1h | 93.195 | +0.474% | $81K | — | 111x | as long as short |
| Injective WTI/USDC PERP | +0.0220% | 1h | 102.17 | +10.146% | $19K | $11K | 30x | as long as short |
Kraken Futures PF_WTIOILUSD
Gate CL_USDT
Coinbase International WTIOIL-PERP-INTX
OKX CL-USDT-SWAP
KuCoin CLUSDTM
Phoenix WTIOIL
dYdX WTI-USD
Bybit CLUSDT
RISEx CL/USDC
Bullet WTIOIL-USD
tradeXYZ xyz:CL
Paradex CL-USD-PERP
Lighter WTI
Extended WTI-USD
StandX CL-USD
Vest CL-PERP
Polymarket Perps WTIOIL-USD
SoDEX CL-USD
Pacifica CL
ApeX Omni CLUSDT
Aevo WTIOIL-PERP
BloFin CL-USDT
GMX WTIOIL/USD [ETH-USDC]
Injective WTI/USDC PERP