CL

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0482%/8h= +52.7% APRnext payment +$2.41 per $10,000 · paid last 24h +0.098%

Price spread now: BloFin against GRVT+0.021%7-day average −0.019% · you sell dearer than you buy

Net, funding: paid 7d − costs+$20as in the Funding arb table

Net, price: spread back to 7d avg − costs−$25as in the Price arb table

costs, in and out, $10k−$290.288% of the position

Long on GRVT Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.488%+$49 on $10k

Price spread, last 4 days (all we have)−0.115%−$12 · spread now +0.021%, 7d avg −0.019%

Together, before fees+0.372%+ Points / potential airdropGRVT: Active · farm board+$37 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$14 a day on $10k at the current rate, and BloFin is 0.040% dearer against GRVT than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of −0.019%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	GRVT CL_USDT_Perp	93.460	−0.0288	get 0.0144% / 4h	2h 12m	$58K	$629K	25x
Short	BloFin CL-USDT	93.480	0.0194	get 0.0097% / 4h	2h 12m	$4.0M	$1.0M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin 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 BloFinbpOrdersPrice spread, now +0.021%Rate

Funding earned: $101.12
Price spread: +0.021% → −0.019%: $4.04
Slippage, 4 orders: −$7.79
Fee GRVT: 4.5 bp × 2 orders: −$9
Fee BloFin: 6 bp × 2 orders: −$12
Net: $76.38
Costs to cover: 0.288%
Break-even: 1.7 days

Slippage from GRVT: live order book, 36 min ago; BloFin: live order book, 6 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, 36 min ago	0.54 bp	10.7 bp −$11	13.8 bp −$138	doesn't fit	doesn't fit
Sell BloFin live order book, 6 min ago	0.54 bp	6.5 bp −$7	7.0 bp −$70	11.4 bp −$1,144	22.9 bp −$11.4K

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
GRVT CL_USDT_Perplong	−0.0288%	4h	93.460	long leg	$58K	$629K	25x
Aster CLUSD1	−0.0286%	4h	93.536	+0.081%	$24.4M	$64.7M	20x	as long as short
Deribit WTIOIL_USDC-PERPETUAL	−0.0285%	1h	93.480	+0.021%	$197K	$377K	15x	as long as short
Kraken Futures PF_WTIOILUSD	−0.0203%	1h	93.533	+0.078%	$286K	$959K	25x	as long as short
Binance CLUSDT	−0.0178%	4h	93.521	+0.065%	$246.2M	$932.7M	100x	as long as short
Variational Omni CL	−0.0170%	4h	93.440	−0.022%	$13.4M	$10.9M	—	as long as short
Aftermath Perps WTIUSD	−0.0156%	1h	93.473	+0.014%	$2K	$26K	5x	as long as short
Bitget CLUSDT	−0.0124%	4h	93.493	+0.035%	$42.2M	$42.7M	100x	as long as short
Nado WTI-PERP	−0.0120%	1h	93.567	+0.114%	$968K	$614K	10x	as long as short
Ondo Perps WTI-USD.P	−0.0081%	1h	93.500	+0.043%	$3.5M	$5.4M	20x	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	−0.0076%	8h	93.470	+0.011%	$22.0M	$50.1M	100x	as long as short
tradeXYZ xyz:CL	−0.0072%	1h	93.506	+0.049%	$185.0M	$213.6M	20x	as long as short
OKX CL-USDT-SWAP	−0.0042%	4h	93.520	+0.064%	$42.7M	$102.9M	50x	as long as short
Coinbase International WTIOIL-PERP-INTX	−0.0040%	1h	93.500	+0.043%	$404K	$931K	15x	as long as short
edgeX CLUSDC	−0.0040%	4h	93.447	−0.014%	$525K	$307K	30x	as long as short
QFEX CL-USD	−0.0032%	1h	93.510	+0.053%	$2.3M	$2.5M	10x	as long as short
dYdX WTI-USD	0.0000%	1h	93.495	+0.037%	$8K	$3K	5x	as long as short
Bybit CLUSDT	0.0000%	8h	93.532	+0.077%	$27.0M	$79.9M	150x	as long as short
RISEx CL/USDC	0.0000%	1h	93.576	+0.124%	$3.1M	$2.9M	20x	as long as short
Phoenix WTIOIL	0.0000%	1h	93.500	+0.043%	$38K	$41K	20x	as long as short
Bullet WTIOIL-USD	0.0000%	1h	93.527	+0.072%	$19K	$240K	10x	as long as short
gTrade (Gains Network) WTI/USD	L 0.0000% / S +0.0036%	1h	93.050	−0.439%	$5K	—	150x	as long as short
Paradex CL-USD-PERP	+0.0016%	8h	93.506	+0.050%	$16K	$367	5x	as long as short
Lighter WTI	+0.0024%	1h	93.509	+0.052%	$11.2M	$9.9M	20x	as long as short
Extended WTI-USD	+0.0032%	1h	93.550	+0.096%	$2.0M	$16.9M	10x	as long as short
StandX CL-USD	+0.0040%	1h	93.480	+0.021%	$740K	$2.8M	40x	as long as short
Vest CL-PERP	+0.0046%	1h	93.520	+0.064%	—	$313K	10x	as long as short
Pacifica CL	+0.0047%	1h	93.534	+0.079%	$332K	$577K	10x	as long as short
Polymarket Perps WTIOIL-USD	+0.0050%	1h	93.509	+0.052%	$1.7M	$1.3M	20x	as long as short
SoDEX CL-USD	+0.0050%	1h	93.511	+0.055%	$2.1M	$60K	20x	as long as short
KuCoin CLUSDTM	+0.0088%	4h	93.533	+0.078%	$7.1M	$2.4M	50x	as long as short
ApeX Omni CLUSDT	+0.0100%	1h	93.460	0.000%	$54K	$266K	50x	as long as short
Aevo WTIOIL-PERP	+0.0104%	1h	93.484	+0.025%	$4K	—	10x	as long as short
BloFin CL-USDTshort	+0.0194%	4h	93.480	+0.021%	$4.0M	$1.0M	50x
Injective WTI/USDC PERP	+0.0220%	1h	102.64	+9.828%	$19K	$11K	30x	as long as short
GMX WTIOIL/USD [ETH-USDC]	L +0.0239% / S −0.0172%	1h	93.515	+0.059%	$84K	—	111x	as long as short