CL

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0131%/8h= −14.4% APRnext payment −$0.66 per $10,000 · paid last 24h −0.018%

Price spread now: Binance against OKX+0.012%7-day average +0.009% · you sell dearer than you buy

Net, funding: paid 7d − costs−$23as in the Funding arb table

Net, price: spread back to 7d avg − costs−$23as in the Price arb table

costs, in and out, $10k−$230.231% of the position

Long on OKX Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days−0.001%$0 on $10k

Price spread, last 7 days−0.017%−$2 · spread now +0.012%, 7d avg +0.009%

Together, before fees−0.018%−$2 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.009%, so right now this pair is about funding alone: −$4 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	OKX CL-USDT-SWAP	93.010	−0.0046	get 0.0023% / 4h	3h 53m	$42.6M	$102.6M	50x
Short	Binance CLUSDT	93.021	−0.0177	pay 0.0088% / 4h	3h 53m	$244.7M	$942.8M	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance 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 BinancebpOrdersPrice spread, now +0.012%Rate

Funding earned: −$27.58
Price spread: +0.012% → +0.009%: $0.33
Slippage, 4 orders: −$3.12
Fee OKX: 5 bp × 2 orders: −$10
Fee Binance: 5 bp × 2 orders: −$10
Net: −$50.38
Costs to cover: 0.231%
Break-even: never at this rate

Slippage from OKX: live order book, 5 min ago; Binance: live order book, 5 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, 5 min ago	0.54 bp	5.5 bp −$6	6.1 bp −$61	11.8 bp −$1,180	doesn't fit
Sell Binance live order book, 5 min ago	0.54 bp	5.5 bp −$6	6.2 bp −$62	9.1 bp −$914	22.3 bp −$11.2K

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	−0.0395%	1h	92.980	−0.032%	$198K	$370K	15x	as long as short
Aster CLUSD1	−0.0267%	4h	93.041	+0.033%	$24.1M	$66.5M	20x	as long as short
GRVT CL_USDT_Perp	−0.0186%	4h	93.024	+0.015%	$54K	$658K	25x	as long as short
Binance CLUSDTshort	−0.0177%	4h	93.021	+0.012%	$244.7M	$942.8M	100x
Variational Omni CL	−0.0168%	4h	93.019	+0.009%	$13.5M	$10.8M	—	as long as short
Bitget CLUSDT	−0.0128%	4h	93.006	−0.004%	$41.9M	$43.3M	100x	as long as short
Aftermath Perps WTIUSD	−0.0108%	1h	93.013	+0.004%	$2K	$27K	5x	as long as short
Nado WTI-PERP	−0.0104%	1h	93.044	+0.036%	$964K	$646K	10x	as long as short
Ondo Perps WTI-USD.P	−0.0079%	1h	92.930	−0.086%	$3.5M	$5.3M	20x	as long as short
Kraken Futures PF_WTIOILUSD	−0.0061%	1h	93.018	+0.009%	$268K	$935K	25x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
edgeX CLUSDC	−0.0060%	4h	93.018	+0.009%	$526K	$303K	30x	as long as short
OKX CL-USDT-SWAPlong	−0.0046%	4h	93.010	long leg	$42.6M	$102.6M	50x
Gate CL_USDT	−0.0045%	8h	92.960	−0.054%	$20.9M	$50.6M	100x	as long as short
Coinbase International WTIOIL-PERP-INTX	−0.0040%	1h	92.930	−0.086%	$399K	$926K	15x	as long as short
QFEX CL-USD	−0.0033%	1h	93.000	−0.011%	$2.3M	$1.8M	10x	as long as short
KuCoin CLUSDTM	−0.0020%	4h	93.045	+0.038%	$7.1M	$2.4M	50x	as long as short
tradeXYZ xyz:CL	−0.0004%	1h	93.021	+0.012%	$184.5M	$218.6M	20x	as long as short
dYdX WTI-USD	0.0000%	1h	93.030	+0.022%	$8K	$3K	5x	as long as short
Bybit CLUSDT	0.0000%	8h	93.032	+0.024%	$26.5M	$80.4M	150x	as long as short
RISEx CL/USDC	0.0000%	1h	93.081	+0.077%	$3.1M	$2.9M	20x	as long as short
Phoenix WTIOIL	0.0000%	1h	93.070	+0.065%	$37K	$41K	20x	as long as short
Bullet WTIOIL-USD	0.0000%	1h	93.014	+0.004%	$18K	$243K	10x	as long as short
gTrade (Gains Network) WTI/USD	L 0.0000% / S +0.0036%	1h	92.568	−0.475%	$5K	—	150x	as long as short
Paradex CL-USD-PERP	+0.0008%	8h	92.982	−0.030%	$16K	$367	5x	as long as short
Lighter WTI	+0.0024%	1h	93.012	+0.002%	$11.2M	$10.3M	20x	as long as short
Extended WTI-USD	+0.0032%	1h	93.050	+0.043%	$2.0M	$19.8M	10x	as long as short
StandX CL-USD	+0.0040%	1h	93.030	+0.022%	$735K	$2.9M	40x	as long as short
Vest CL-PERP	+0.0046%	1h	93.030	+0.022%	—	$313K	10x	as long as short
Polymarket Perps WTIOIL-USD	+0.0050%	1h	93.019	+0.010%	$1.7M	$1.3M	20x	as long as short
SoDEX CL-USD	+0.0050%	1h	93.011	+0.001%	$2.1M	$60K	20x	as long as short
Pacifica CL	+0.0100%	1h	93.007	−0.003%	$330K	$622K	10x	as long as short
ApeX Omni CLUSDT	+0.0100%	1h	93.030	+0.022%	$56K	$266K	50x	as long as short
Aevo WTIOIL-PERP	+0.0104%	1h	92.975	−0.038%	$4K	—	10x	as long as short
BloFin CL-USDT	+0.0192%	4h	93.050	+0.043%	$4.0M	$1.1M	50x	as long as short
GMX WTIOIL/USD [ETH-USDC]	L +0.0218% / S −0.0146%	1h	93.005	−0.005%	$81K	—	111x	as long as short
Injective WTI/USDC PERP	+0.0220%	1h	102.17	+9.844%	$19K	$11K	30x	as long as short