CL

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC+0.0059%/8h= +6.5% APRnext payment +$0.07 per $10,000 · paid last 24h +0.011%

Price spread now: QFEX against Nado−0.091%7-day average −0.010% · you buy dearer than you sell

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$32as in the Price arb table

costs, in and out, $10k−$240.237% of the position

Long on Nado Short on QFEX

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.029%+$3 on $10k

Price spread, last 7 days+0.125%+$12 · spread now −0.091%, 7d avg −0.010%

Together, before fees+0.154%+ Points / potential airdropNado: Active · farm board+$15 on $10k · with fees, hour by hour

Funding pays, the price is against you. QFEX is 0.081% cheaper against Nado than usual: you would sell low and buy high (spread −0.091% now, against its 7-day average of −0.010%). If the spread goes back, that is −$8 on $10k: about 4.6 days of funding at the current rate (+$2 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Nado WTI-PERP	92.955	−0.0092	get 0.0011% / 1h	58m 26s	$962K	$670K	10x
Short	QFEX CL-USD	92.870	−0.0032	pay 0.0004% / 1h	58m 26s	$2.5M	$1.7M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

QFEX against Nado. 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 NadobpFee QFEXbpOrdersPrice spread, now −0.091%Rate

Funding earned: $12.41
Price spread: −0.091% → −0.010%: −$8.14
Slippage, 4 orders: −$6.67
Fee Nado: 3.5 bp × 2 orders: −$7
Fee QFEX: 5 bp × 2 orders: −$10
Net: −$19.41
Costs to cover: 0.237%
Break-even: 17.9 days

Slippage from Nado: live order book, 5 min ago; QFEX: 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 Nado live order book, 5 min ago	0.05 bp	4.6 bp −$5	10.4 bp −$104	30.7 bp −$3,073	doesn't fit
Sell QFEX live order book, 4 min ago	1.62 bp	7.4 bp −$7	7.7 bp −$77	9.2 bp −$921	doesn't fit

CL on 35 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	−0.0610%	1h	92.900	−0.059%	$198K	$365K	15x	as long as short
Aster CLUSD1	−0.0244%	4h	92.933	−0.023%	$24.0M	$71.2M	20x	as long as short
GRVT CL_USDT_Perp	−0.0220%	4h	92.836	−0.128%	$53K	$623K	25x	as long as short
Binance CLUSDT	−0.0212%	4h	92.890	−0.070%	$244.8M	$963.3M	100x	as long as short
Variational Omni CL	−0.0211%	4h	92.799	−0.168%	$13.5M	$11.1M	—	as long as short
Gate CL_USDT	−0.0093%	8h	92.840	−0.123%	$20.9M	$51.9M	100x	as long as short
Nado WTI-PERPlong	−0.0092%	1h	92.955	long leg	$962K	$670K	10x
tradeXYZ xyz:CL	−0.0048%	1h	92.888	−0.072%	$184.6M	$219.4M	20x	as long as short
Coinbase International WTIOIL-PERP-INTX	−0.0040%	1h	92.750	−0.220%	$402K	$946K	15x	as long as short
QFEX CL-USDshort	−0.0032%	1h	92.870	−0.091%	$2.5M	$1.7M	10x

Show all 35 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
edgeX CLUSDC	−0.0029%	4h	92.808	−0.158%	$528K	$303K	30x	as long as short
Aftermath Perps WTIUSD	−0.0012%	1h	92.896	−0.063%	$2K	$28K	5x	as long as short
OKX CL-USDT-SWAP	−0.0004%	4h	92.900	−0.059%	$42.8M	$102.6M	50x	as long as short
dYdX WTI-USD	0.0000%	1h	92.909	−0.050%	$8K	$3K	5x	as long as short
Bybit CLUSDT	0.0000%	8h	92.920	−0.037%	$27.0M	$81.5M	150x	as long as short
Bitget CLUSDT	0.0000%	4h	92.890	−0.070%	$41.9M	$43.4M	100x	as long as short
Phoenix WTIOIL	0.0000%	1h	92.860	−0.102%	$37K	$42K	20x	as long as short
Bullet WTIOIL-USD	0.0000%	1h	92.902	−0.057%	$18K	$240K	10x	as long as short
gTrade (Gains Network) WTI/USD	L 0.0000% / S +0.0036%	1h	92.443	−0.551%	$5K	—	150x	as long as short
Ondo Perps WTI-USD.P	+0.0004%	1h	92.880	−0.080%	$3.5M	$5.7M	20x	as long as short
Lighter WTI	+0.0032%	1h	92.916	−0.042%	$11.2M	$10.2M	20x	as long as short
Extended WTI-USD	+0.0032%	1h	92.930	−0.027%	$2.1M	$23.6M	10x	as long as short
Paradex CL-USD-PERP	+0.0035%	8h	92.890	−0.069%	$16K	$367	5x	as long as short
StandX CL-USD	+0.0040%	1h	92.400	−0.597%	$726K	$2.9M	40x	as long as short
Vest CL-PERP	+0.0046%	1h	92.920	−0.037%	—	$310K	10x	as long as short
Polymarket Perps WTIOIL-USD	+0.0050%	1h	92.910	−0.048%	$1.6M	$1.3M	20x	as long as short
SoDEX CL-USD	+0.0050%	1h	92.930	−0.027%	$2.1M	$61K	20x	as long as short
RISEx CL/USDC	+0.0066%	1h	93.018	+0.068%	$3.3M	$2.7M	20x	as long as short
KuCoin CLUSDTM	+0.0084%	4h	92.946	−0.009%	$7.2M	$2.3M	50x	as long as short
Pacifica CL	+0.0100%	1h	92.911	−0.047%	$332K	$618K	10x	as long as short
ApeX Omni CLUSDT	+0.0100%	1h	92.810	−0.156%	$56K	$266K	50x	as long as short
Aevo WTIOIL-PERP	+0.0104%	1h	92.923	−0.034%	$4K	—	10x	as long as short
Kraken Futures PF_WTIOILUSD	+0.0105%	1h	92.978	+0.024%	$274K	$883K	25x	as long as short
GMX WTIOIL/USD [ETH-USDC]	L +0.0207% / S −0.0131%	1h	92.885	−0.075%	$78K	—	111x	as long as short
Injective WTI/USDC PERP	+0.0220%	1h	102.04	+9.770%	$19K	$11K	30x	as long as short