CL

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0154%/8h= +16.9% APRnext payment +$0.77 per $10,000 · paid last 24h +0.042%

Price spread now: BloFin against KuCoin−0.019%80s7-day average −0.022% · you buy dearer than you sell

Net, funding: paid 7d − costs−$16as 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−$320.319% of the position

Long on KuCoin Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.161%+$16 on $10k

Price spread, last 4 days (all we have)−0.445%−$44 · spread now −0.019%, 7d avg −0.022%

Together, before fees−0.283%−$28 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.022%, so right now this pair is about funding alone: +$5 a day on $10k at the current rate. The two prices were read 80 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	KuCoin CLUSDTM	92.838	0.0040	pay 0.0020% / 4h	1h 29m	$7.3M	$2.3M	50x
Short	BloFin CL-USDT	92.820	0.0194	get 0.0097% / 4h	1h 29m	$4.0M	$1.1M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin against KuCoin. 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 KuCoinbpFee BloFinbpOrdersPrice spread, now −0.019%Rate

Funding earned: $32.37
Price spread: −0.019% → −0.022%: $0.26
Slippage, 4 orders: −$7.95
Fee KuCoin: 6 bp × 2 orders: −$12
Fee BloFin: 6 bp × 2 orders: −$12
Net: $0.68
Costs to cover: 0.319%
Break-even: 6.9 days

Slippage from KuCoin: live order book, 8 min ago; BloFin: live order book, 4 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 KuCoin live order book, 8 min ago	1.40 bp	9.6 bp −$10	doesn't fit	doesn't fit	doesn't fit
Sell BloFin live order book, 4 min ago	0.54 bp	7.5 bp −$7	7.7 bp −$77	12.2 bp −$1,223	31.3 bp −$15.7K

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	−0.0719%	1h	92.770	−0.073%	$198K	$369K	15x	as long as short
Aster CLUSD1	−0.0250%	4h	92.830	−0.009%	$23.9M	$68.5M	20x	as long as short
GRVT CL_USDT_Perp	−0.0234%	4h	92.817	−0.023%	$61K	$625K	25x	as long as short
Binance CLUSDT	−0.0209%	4h	92.827	−0.011%	$244.8M	$954.9M	100x	as long as short
Variational Omni CL	−0.0203%	4h	92.796	−0.045%	$13.5M	$11.1M	—	as long as short
Ondo Perps WTI-USD.P	−0.0169%	1h	92.790	−0.052%	$3.5M	$5.6M	20x	as long as short
Nado WTI-PERP	−0.0152%	1h	92.878	+0.043%	$961K	$664K	10x	as long as short
Gate CL_USDT	−0.0089%	8h	92.760	−0.084%	$20.9M	$52.5M	100x	as long as short
edgeX CLUSDC	−0.0071%	4h	92.795	−0.046%	$528K	$303K	30x	as long as short
tradeXYZ xyz:CL	−0.0066%	1h	92.829	−0.010%	$184.5M	$218.3M	20x	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	−0.0050%	4h	92.810	−0.030%	$42.8M	$102.0M	50x	as long as short
Aftermath Perps WTIUSD	−0.0042%	1h	92.818	−0.022%	$2K	$27K	5x	as long as short
Coinbase International WTIOIL-PERP-INTX	−0.0040%	1h	92.750	−0.095%	$402K	$944K	15x	as long as short
QFEX CL-USD	−0.0032%	1h	92.820	−0.019%	$2.5M	$1.7M	10x	as long as short
Extended WTI-USD	−0.0016%	1h	92.860	+0.024%	$2.1M	$22.8M	10x	as long as short
Lighter WTI	0.0000%	1h	92.829	−0.010%	$11.2M	$10.4M	20x	as long as short
dYdX WTI-USD	0.0000%	1h	92.862	+0.026%	$8K	$3K	5x	as long as short
Bybit CLUSDT	0.0000%	8h	92.824	−0.015%	$26.5M	$81.2M	150x	as long as short
Bitget CLUSDT	0.0000%	4h	92.811	−0.029%	$41.9M	$43.4M	100x	as long as short
Phoenix WTIOIL	0.0000%	1h	92.790	−0.052%	$37K	$42K	20x	as long as short
Bullet WTIOIL-USD	0.0000%	1h	92.833	−0.005%	$18K	$242K	10x	as long as short
gTrade (Gains Network) WTI/USD	L 0.0000% / S +0.0036%	1h	92.387	−0.486%	$5K	—	150x	as long as short
Paradex CL-USD-PERP	+0.0018%	8h	92.824	−0.015%	$16K	$367	5x	as long as short
KuCoin CLUSDTMlong	+0.0040%	4h	92.838	long leg	$7.3M	$2.3M	50x
StandX CL-USD	+0.0040%	1h	92.440	−0.429%	$726K	$2.9M	40x	as long as short
Vest CL-PERP	+0.0046%	1h	92.850	+0.013%	—	$310K	10x	as long as short
Polymarket Perps WTIOIL-USD	+0.0050%	1h	92.840	+0.002%	$1.6M	$1.3M	20x	as long as short
SoDEX CL-USD	+0.0050%	1h	92.818	−0.022%	$2.1M	$61K	20x	as long as short
RISEx CL/USDC	+0.0066%	1h	92.957	+0.128%	$3.3M	$2.7M	20x	as long as short
Pacifica CL	+0.0100%	1h	92.827	−0.011%	$331K	$618K	10x	as long as short
ApeX Omni CLUSDT	+0.0100%	1h	92.830	−0.009%	$56K	$265K	50x	as long as short
Aevo WTIOIL-PERP	+0.0104%	1h	92.785	−0.057%	$4K	—	10x	as long as short
Kraken Futures PF_WTIOILUSD	+0.0105%	1h	92.842	+0.004%	$273K	$873K	25x	as long as short
BloFin CL-USDTshort	+0.0194%	4h	92.820	−0.019%	$4.0M	$1.1M	50x
GMX WTIOIL/USD [ETH-USDC]	L +0.0207% / S −0.0131%	1h	92.825	−0.014%	$78K	—	111x	as long as short
Injective WTI/USDC PERP	+0.0220%	1h	101.95	+9.819%	$19K	$11K	30x	as long as short