CL

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0178%/8h= −19.5% APRnext payment −$0.89 per $10,000 · paid last 24h −0.001%

Price spread now: Binance against GRVT+0.074%7-day average +0.040% · you sell dearer than you buy

Net, funding: paid 7d − costs−$16as in the Funding arb table

Net, price: spread back to 7d avg − costs−$23as in the Price arb table

costs, in and out, $10k−$260.264% of the position

Long on GRVT Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days+0.107%+$11 on $10k

Price spread, last 4 days (all we have)−0.120%−$12 · spread now +0.074%, 7d avg +0.040%

Together, before fees−0.013%+ Points / potential airdropGRVT: Active · farm board−$1 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Binance is 0.034% dearer against GRVT than usual: you sell high and buy low (spread +0.074% now, against its 7-day average of +0.040%): +$3 on $10k if it goes back. Holding the pair costs −$5 a day in funding at the current rate, which eats that in about 15 hours. Mind the row above: over the last 7 days funding on this pair paid +0.107%, so the current rate has only just turned against you.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	GRVT CL_USDT_Perp	92.971	0	get 0.0000% / 4h	3h 57m	$56K	$656K	25x
Short	Binance CLUSDT	93.040	−0.0178	pay 0.0089% / 4h	3h 57m	$245.0M	$944.8M	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against GRVT. 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 GRVTbpFee BinancebpOrdersPrice spread, now +0.074%Rate

Funding earned: −$37.42
Price spread: +0.074% → +0.040%: $3.38
Slippage, 4 orders: −$7.41
Fee GRVT: 4.5 bp × 2 orders: −$9
Fee Binance: 5 bp × 2 orders: −$10
Net: −$60.45
Costs to cover: 0.264%
Break-even: never at this rate

Slippage from GRVT: live order book, 61 min ago; Binance: 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 GRVT live order book, 61 min ago	0.54 bp	9.3 bp −$9	14.0 bp −$140	doesn't fit	doesn't fit
Sell Binance live order book, 2 min ago	0.54 bp	5.5 bp −$6	6.2 bp −$62	9.1 bp −$914	22.3 bp −$11.2K

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	−0.0395%	1h	93.020	+0.052%	$198K	$370K	15x	as long as short
Aster CLUSD1	−0.0268%	4h	93.079	+0.115%	$24.1M	$66.4M	20x	as long as short
Binance CLUSDTshort	−0.0178%	4h	93.040	+0.074%	$245.0M	$944.8M	100x
Variational Omni CL	−0.0172%	4h	92.899	−0.078%	$13.5M	$10.8M	—	as long as short
Bitget CLUSDT	−0.0128%	4h	93.024	+0.057%	$42.0M	$43.5M	100x	as long as short
Aftermath Perps WTIUSD	−0.0108%	1h	92.977	+0.006%	$2K	$27K	5x	as long as short
Nado WTI-PERP	−0.0099%	1h	93.076	+0.113%	$964K	$647K	10x	as long as short
Kraken Futures PF_WTIOILUSD	−0.0061%	1h	93.059	+0.094%	$268K	$930K	25x	as long as short
edgeX CLUSDC	−0.0053%	4h	92.956	−0.017%	$526K	$302K	30x	as long as short
OKX CL-USDT-SWAP	−0.0050%	4h	93.040	+0.074%	$42.6M	$102.8M	50x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Gate CL_USDT	−0.0043%	8h	92.990	+0.020%	$20.8M	$50.5M	100x	as long as short
Coinbase International WTIOIL-PERP-INTX	−0.0040%	1h	92.930	−0.045%	$399K	$948K	15x	as long as short
QFEX CL-USD	−0.0033%	1h	93.050	+0.085%	$2.3M	$1.8M	10x	as long as short
Ondo Perps WTI-USD.P	−0.0029%	1h	93.000	+0.031%	$3.5M	$5.4M	20x	as long as short
KuCoin CLUSDTM	−0.0022%	4h	93.065	+0.101%	$7.1M	$2.4M	50x	as long as short
tradeXYZ xyz:CL	−0.0019%	1h	93.037	+0.071%	$184.6M	$219.8M	20x	as long as short
dYdX WTI-USD	0.0000%	1h	93.030	+0.063%	$8K	$3K	5x	as long as short
Bybit CLUSDT	0.0000%	8h	93.046	+0.080%	$26.5M	$80.6M	150x	as long as short
RISEx CL/USDC	0.0000%	1h	93.116	+0.156%	$3.1M	$2.9M	20x	as long as short
GRVT CL_USDT_Perplong	0.0000%	4h	92.971	long leg	$56K	$656K	25x
Phoenix WTIOIL	0.0000%	1h	92.980	+0.009%	$37K	$41K	20x	as long as short
Bullet WTIOIL-USD	0.0000%	1h	93.044	+0.078%	$19K	$243K	10x	as long as short
gTrade (Gains Network) WTI/USD	L 0.0000% / S +0.0036%	1h	92.597	−0.403%	$5K	—	150x	as long as short
Paradex CL-USD-PERP	+0.0006%	8h	93.023	+0.055%	$16K	$367	5x	as long as short
Lighter WTI	+0.0016%	1h	93.039	+0.073%	$11.2M	$10.3M	20x	as long as short
Extended WTI-USD	+0.0032%	1h	93.070	+0.106%	$2.0M	$20.0M	10x	as long as short
StandX CL-USD	+0.0040%	1h	92.980	+0.009%	$735K	$2.9M	40x	as long as short
Vest CL-PERP	+0.0046%	1h	93.040	+0.074%	—	$310K	10x	as long as short
Polymarket Perps WTIOIL-USD	+0.0050%	1h	93.041	+0.075%	$1.7M	$1.3M	20x	as long as short
SoDEX CL-USD	+0.0050%	1h	93.035	+0.068%	$2.1M	$60K	20x	as long as short
Pacifica CL	+0.0100%	1h	93.026	+0.058%	$330K	$622K	10x	as long as short
ApeX Omni CLUSDT	+0.0100%	1h	93.010	+0.042%	$56K	$266K	50x	as long as short
Aevo WTIOIL-PERP	+0.0104%	1h	93.013	+0.045%	$4K	—	10x	as long as short
BloFin CL-USDT	+0.0190%	4h	93.070	+0.106%	$4.0M	$1.1M	50x	as long as short
GMX WTIOIL/USD [ETH-USDC]	L +0.0218% / S −0.0145%	1h	93.035	+0.068%	$81K	—	111x	as long as short
Injective WTI/USDC PERP	+0.0220%	1h	102.17	+9.890%	$19K	$11K	30x	as long as short