CL

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0253%/8h= −27.7% APRnext payment −$1.26 per $10,000 · paid last 24h −0.037%

Price spread now: Aster against OKX+0.027%7-day average +0.010% · you sell dearer than you buy

Net, funding: paid 7d − costs−$19as in the Funding arb table

Net, price: spread back to 7d avg − costs−$19as in the Price arb table

costs, in and out, $10k−$210.208% of the position

Long on OKX Short on Aster

What this pair did over the last

the charts below follow

Funding, last 7 days+0.017%+$2 on $10k

Price spread, last 7 days−0.022%−$2 · spread now +0.027%, 7d avg +0.010%

Together, before fees−0.006%+ Points / potential airdropAster: Stage 5 · farm board−$1 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.010%, so right now this pair is about funding alone: −$8 a day on $10k at the current rate.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.017% in total (about 0.9% a year). A funding rate is set anew for every payment; at this rate the next one is about −$1.26 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	OKX CL-USDT-SWAP	93.690	−0.0015	get 0.0008% / 4h	1h 36m	$42.6M	$101.6M	50x
Short	Aster CLUSD1	93.716	−0.0268	pay 0.0134% / 4h	1h 36m	$24.5M	$65.3M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster against OKX. 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 OKXbpFee AsterbpOrdersPrice spread, now +0.027%Rate

Funding earned: −$53.07
Price spread: +0.027% → +0.010%: $1.79
Slippage, 4 orders: −$2.75
Fee OKX: 5 bp × 2 orders: −$10
Fee Aster: 4 bp × 2 orders: −$8
Net: −$72.04
Costs to cover: 0.208%
Break-even: never at this rate

Slippage from OKX: live order book, 3 min ago; Aster: live order book, 3 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 OKX live order book, 3 min ago	0.53 bp	5.7 bp −$6	6.9 bp −$69	13.8 bp −$1,382	doesn't fit
Sell Aster live order book, 3 min ago	0.53 bp	4.5 bp −$5	4.5 bp −$45	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	−0.0390%	1h	93.680	−0.011%	$197K	$382K	15x	as long as short
Aster CLUSD1short	−0.0268%	4h	93.716	+0.027%	$24.5M	$65.3M	20x
GRVT CL_USDT_Perp	−0.0246%	4h	93.610	−0.085%	$58K	$629K	25x	as long as short
Aftermath Perps WTIUSD	−0.0147%	1h	93.719	+0.031%	$2K	$26K	5x	as long as short
Binance CLUSDT	−0.0147%	4h	93.702	+0.013%	$246.6M	$920.3M	100x	as long as short
Kraken Futures PF_WTIOILUSD	−0.0137%	1h	93.699	+0.009%	$287K	$957K	25x	as long as short
Variational Omni CL	−0.0135%	4h	93.609	−0.087%	$13.5M	$10.6M	—	as long as short
Ondo Perps WTI-USD.P	−0.0110%	1h	93.650	−0.043%	$3.5M	$5.3M	20x	as long as short
Gate CL_USDT	−0.0102%	8h	93.620	−0.075%	$22.4M	$48.9M	100x	as long as short
Bitget CLUSDT	−0.0100%	4h	93.669	−0.022%	$42.2M	$42.1M	100x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
tradeXYZ xyz:CL	−0.0066%	1h	93.699	+0.010%	$185.1M	$206.6M	20x	as long as short
Nado WTI-PERP	−0.0057%	1h	93.742	+0.056%	$966K	$625K	10x	as long as short
QFEX CL-USD	−0.0023%	1h	93.670	−0.021%	$2.3M	$2.5M	10x	as long as short
edgeX CLUSDC	−0.0018%	4h	93.716	+0.028%	$527K	$305K	30x	as long as short
OKX CL-USDT-SWAPlong	−0.0015%	4h	93.690	long leg	$42.6M	$101.6M	50x
Coinbase International WTIOIL-PERP-INTX	−0.0008%	1h	93.500	−0.203%	$404K	$916K	15x	as long as short
dYdX WTI-USD	0.0000%	1h	93.733	+0.046%	$8K	$3K	5x	as long as short
Bybit CLUSDT	0.0000%	8h	93.699	+0.010%	$27.0M	$79.2M	150x	as long as short
RISEx CL/USDC	0.0000%	1h	93.749	+0.062%	$3.1M	$2.8M	20x	as long as short
Phoenix WTIOIL	0.0000%	1h	93.680	−0.011%	$37K	$39K	20x	as long as short
Bullet WTIOIL-USD	0.0000%	1h	93.697	+0.007%	$19K	$241K	10x	as long as short
gTrade (Gains Network) WTI/USD	L 0.0000% / S +0.0036%	1h	93.244	−0.476%	$5K	—	150x	as long as short
Paradex CL-USD-PERP	+0.0027%	8h	93.680	−0.011%	$16K	$367	5x	as long as short
Lighter WTI	+0.0032%	1h	93.696	+0.006%	$11.3M	$9.6M	20x	as long as short
Extended WTI-USD	+0.0032%	1h	93.740	+0.053%	$2.0M	$15.9M	10x	as long as short
StandX CL-USD	+0.0040%	1h	93.700	+0.011%	$743K	$2.8M	40x	as long as short
Vest CL-PERP	+0.0046%	1h	93.720	+0.032%	—	$313K	10x	as long as short
Polymarket Perps WTIOIL-USD	+0.0050%	1h	93.685	−0.005%	$1.7M	$1.3M	20x	as long as short
SoDEX CL-USD	+0.0050%	1h	93.696	+0.006%	$2.1M	$61K	20x	as long as short
Pacifica CL	+0.0100%	1h	93.698	+0.008%	$333K	$575K	10x	as long as short
KuCoin CLUSDTM	+0.0100%	4h	93.746	+0.060%	$7.1M	$2.4M	50x	as long as short
ApeX Omni CLUSDT	+0.0100%	1h	93.640	−0.053%	$54K	$266K	50x	as long as short
Aevo WTIOIL-PERP	+0.0104%	1h	93.667	−0.024%	$4K	—	10x	as long as short
Injective WTI/USDC PERP	+0.0220%	1h	102.97	+9.908%	$19K	$11K	30x	as long as short
BloFin CL-USDT	+0.0225%	4h	93.750	+0.064%	$4.0M	$978K	50x	as long as short
GMX WTIOIL/USD [ETH-USDC]	L +0.0247% / S −0.0181%	1h	93.695	+0.005%	$84K	—	111x	as long as short