CL

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0224%/8h= −24.5% APRnext payment −$1.12 per $10,000 · paid last 24h −0.053%

Price spread now: GRVT against KuCoin−0.258%7-day average −0.002% · you buy dearer than you sell

Net, funding: paid 7d − costs−$64as in the Funding arb table

Net, price: spread back to 7d avg − costs−$57as in the Price arb table

costs, in and out, $10k−$320.320% of the position

Long on KuCoin Short on GRVT

What this pair did over the last

the charts below follow

Funding, last 7 days−0.323%−$32 on $10k

Price spread, last 4 days (all we have)+0.252%+$25 · spread now −0.258%, 7d avg −0.002%

Together, before fees−0.071%+ Points / potential airdropGRVT: Active · farm board−$7 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$7 a day on $10k at the current rate, and GRVT is 0.255% cheaper against KuCoin than usual: you would sell low and buy high (−$26 if the spread goes back to its 7-day average of −0.002%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin CLUSDTM	93.247	−0.0014	get 0.0007% / 4h	3h 48m	$7.1M	$2.4M	50x
Short	GRVT CL_USDT_Perp	93.007	−0.0238	pay 0.0119% / 4h	3h 48m	$54K	$658K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GRVT 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 GRVTbpOrdersPrice spread, now −0.258%Rate

Funding earned: −$47.04
Price spread: −0.258% → −0.002%: −$25.53
Slippage, 4 orders: −$10.95
Fee KuCoin: 6 bp × 2 orders: −$12
Fee GRVT: 4.5 bp × 2 orders: −$9
Net: −$104.52
Costs to cover: 0.320%
Break-even: never at this rate

Slippage from KuCoin: live order book, 4 min ago; GRVT: 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, 4 min ago	1.50 bp	9.0 bp −$9	doesn't fit	doesn't fit	doesn't fit
Sell GRVT live order book, 4 min ago	1.08 bp	5.6 bp −$6	7.4 bp −$74	doesn't fit	doesn't fit

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	−0.072%	$199K	$370K	15x	as long as short
Aster CLUSD1	−0.0262%	4h	93.260	+0.014%	$24.1M	$66.8M	20x	as long as short
GRVT CL_USDT_Perpshort	−0.0238%	4h	93.007	−0.258%	$54K	$658K	25x
Binance CLUSDT	−0.0173%	4h	93.254	+0.008%	$245.6M	$943.7M	100x	as long as short
Variational Omni CL	−0.0167%	4h	93.119	−0.138%	$13.5M	$10.7M	—	as long as short
Bitget CLUSDT	−0.0124%	4h	93.264	+0.018%	$42.0M	$43.3M	100x	as long as short
Nado WTI-PERP	−0.0123%	1h	93.226	−0.023%	$966K	$645K	10x	as long as short
Aftermath Perps WTIUSD	−0.0111%	1h	93.090	−0.169%	$2K	$27K	5x	as long as short
Ondo Perps WTI-USD.P	−0.0107%	1h	93.130	−0.125%	$3.5M	$5.3M	20x	as long as short
edgeX CLUSDC	−0.0077%	4h	93.022	−0.241%	$526K	$303K	30x	as long as short

Show 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	−0.045%	$269K	$938K	25x	as long as short
Gate CL_USDT	−0.0047%	8h	93.200	−0.050%	$21.0M	$50.7M	100x	as long as short
Coinbase International WTIOIL-PERP-INTX	−0.0040%	1h	93.190	−0.061%	$401K	$928K	15x	as long as short
OKX CL-USDT-SWAP	−0.0038%	4h	93.250	+0.003%	$42.7M	$102.8M	50x	as long as short
QFEX CL-USD	−0.0033%	1h	93.160	−0.093%	$2.3M	$1.8M	10x	as long as short
KuCoin CLUSDTMlong	−0.0014%	4h	93.247	long leg	$7.1M	$2.4M	50x
Phoenix WTIOIL	−0.0009%	1h	93.050	−0.211%	$37K	$41K	20x	as long as short
dYdX WTI-USD	0.0000%	1h	93.160	−0.093%	$8K	$3K	5x	as long as short
Bybit CLUSDT	0.0000%	8h	93.280	+0.035%	$26.9M	$80.8M	150x	as long as short
RISEx CL/USDC	0.0000%	1h	93.249	+0.003%	$3.1M	$2.9M	20x	as long as short
Bullet WTIOIL-USD	0.0000%	1h	93.189	−0.062%	$19K	$242K	10x	as long as short
gTrade (Gains Network) WTI/USD	L 0.0000% / S +0.0036%	1h	92.755	−0.528%	$5K	—	150x	as long as short
tradeXYZ xyz:CL	+0.0004%	1h	93.206	−0.044%	$184.8M	$218.7M	20x	as long as short
Paradex CL-USD-PERP	+0.0012%	8h	93.154	−0.099%	$16K	$367	5x	as long as short
Lighter WTI	+0.0032%	1h	93.191	−0.060%	$11.2M	$10.3M	20x	as long as short
Extended WTI-USD	+0.0032%	1h	93.230	−0.018%	$2.0M	$19.7M	10x	as long as short
StandX CL-USD	+0.0040%	1h	93.140	−0.115%	$736K	$2.9M	40x	as long as short
Vest CL-PERP	+0.0046%	1h	93.180	−0.072%	—	$313K	10x	as long as short
Polymarket Perps WTIOIL-USD	+0.0050%	1h	93.180	−0.072%	$1.7M	$1.3M	20x	as long as short
SoDEX CL-USD	+0.0050%	1h	93.203	−0.047%	$2.1M	$60K	20x	as long as short
Pacifica CL	+0.0100%	1h	93.195	−0.056%	$331K	$597K	10x	as long as short
ApeX Omni CLUSDT	+0.0100%	1h	93.120	−0.136%	$56K	$266K	50x	as long as short
Aevo WTIOIL-PERP	+0.0104%	1h	93.154	−0.099%	$4K	—	10x	as long as short
BloFin CL-USDT	+0.0200%	4h	93.190	−0.061%	$4.0M	$998K	50x	as long as short
GMX WTIOIL/USD [ETH-USDC]	L +0.0219% / S −0.0146%	1h	93.195	−0.056%	$81K	—	111x	as long as short
Injective WTI/USDC PERP	+0.0220%	1h	102.17	+9.565%	$19K	$11K	30x	as long as short