Settings8H · net · $10k
Funding arb · Price arb /

CL

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Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC+0.0137%/8h= +15.0% APRnext payment +$0.17 per $10,000 · paid last 24h +0.038%
Price spread now: Aevo against QFEX−0.092%46s7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Funding pays, the price is against you. Aevo is 0.092% cheaper against QFEX than usual: you would sell low and buy high (spread −0.092% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$9 on $10k: about 2.2 days of funding at the current rate (+$4 a day). The two prices were read 46 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongQFEX CL-USD93.110−0.0033get 0.0004% / 1h51m 30s$2.3M$1.8M10x
ShortAevo WTIOIL-PERP93.0250.0104get 0.0013% / 1h51m 30s$4K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aevo against QFEX. 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

Funding earned
$28.71
Price spread: −0.092% → 0.000%
−$9.17
Slippage, 4 orders
no order book: not counted
Fee QFEX: 5 bp × 2 orders
−$10
Fee Aevo: 8 bp × 2 orders
−$16
Net
−$6.46
Costs to cover
0.260%
Break-even
8.6 days
Slippage unknown: QFEX: live order book, 6 min ago; Aevo: no order-book sample. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy QFEX live order book, 6 min ago1.61 bp7.4 bp −$77.7 bp −$779.2 bp −$918doesn't fit
Sell Aevo no order-book sample
Aevo: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

CL on 36 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Deribit WTIOIL_USDC-PERPETUAL−0.0287%1h93.040−0.075%$198K$370K15xas long as short
Aster CLUSD1−0.0266%4h93.148+0.041%$24.1M$66.6M20xas long as short
GRVT CL_USDT_Perp−0.0238%4h93.007−0.111%$54K$658K25xas long as short
Binance CLUSDT−0.0175%4h93.137+0.029%$245.0M$942.6M100xas long as short
Variational Omni CL−0.0168%4h93.019−0.098%$13.5M$10.8Mas long as short
Bitget CLUSDT−0.0126%4h93.123+0.014%$42.0M$43.3M100xas long as short
Nado WTI-PERP−0.0119%1h93.109−0.001%$964K$645K10xas long as short
Aftermath Perps WTIUSD−0.0109%1h93.031−0.085%$2K$27K5xas long as short
Ondo Perps WTI-USD.P−0.0096%1h93.060−0.054%$3.5M$5.3M20xas long as short
edgeX CLUSDC−0.0077%4h93.022−0.095%$526K$303K30xas long as short
Show all 36 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_WTIOILUSD−0.0061%1h93.083−0.029%$268K$935K25xas long as short
Gate CL_USDT−0.0046%8h93.090−0.021%$20.9M$50.7M100xas long as short
OKX CL-USDT-SWAP−0.0044%4h93.140+0.032%$42.6M$102.5M50xas long as short
Coinbase International WTIOIL-PERP-INTX−0.0040%1h92.930−0.193%$399K$926K15xas long as short
QFEX CL-USDlong−0.0033%1h93.110long leg$2.3M$1.8M10x
KuCoin CLUSDTM−0.0020%4h93.071−0.042%$7.1M$2.4M50xas long as short
Phoenix WTIOIL−0.0009%1h93.050−0.064%$37K$41K20xas long as short
tradeXYZ xyz:CL−0.0005%1h93.060−0.054%$184.6M$218.6M20xas long as short
dYdX WTI-USD0.0000%1h93.030−0.086%$8K$3K5xas long as short
Bybit CLUSDT0.0000%8h93.160+0.054%$26.5M$80.4M150xas long as short
RISEx CL/USDC0.0000%1h93.206+0.103%$3.1M$2.9M20xas long as short
Bullet WTIOIL-USD0.0000%1h93.067−0.046%$19K$242K10xas long as short
gTrade (Gains Network) WTI/USDL 0.0000% / S +0.0036%1h92.602−0.546%$5K150xas long as short
Paradex CL-USD-PERP+0.0011%8h93.116+0.007%$16K$3675xas long as short
Lighter WTI+0.0024%1h93.054−0.060%$11.2M$10.3M20xas long as short
Extended WTI-USD+0.0032%1h93.170+0.064%$2.0M$19.7M10xas long as short
StandX CL-USD+0.0040%1h93.050−0.064%$735K$2.9M40xas long as short
Vest CL-PERP+0.0046%1h93.120+0.011%$313K10xas long as short
Polymarket Perps WTIOIL-USD+0.0050%1h93.066−0.047%$1.7M$1.3M20xas long as short
SoDEX CL-USD+0.0050%1h93.059−0.055%$2.1M$60K20xas long as short
Pacifica CL+0.0100%1h93.087−0.025%$330K$622K10xas long as short
ApeX Omni CLUSDT+0.0100%1h93.120+0.011%$56K$266K50xas long as short
Aevo WTIOIL-PERPshort+0.0104%1h93.025−0.092%$4K10x
BloFin CL-USDT+0.0194%4h93.030−0.086%$4.0M$1.1M50xas long as short
GMX WTIOIL/USD [ETH-USDC]L +0.0218% / S −0.0146%1h93.055−0.059%$81K111xas long as short
Injective WTI/USDC PERP+0.0220%1h102.17+9.726%$19K$11K30xas long as short