CL

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC−0.0005%/8h= −0.5% APRnext payment −$0.01 per $10,000 · paid last 24h +0.003%

Price spread now: Ondo Perps against QFEX−0.011%7-day average −0.043% · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on QFEX Short on Ondo Perps

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.121%+$12 on $10k

Price spread, last 7 days+0.039%+$4 · spread now −0.011%, 7d avg −0.043%

Together, before fees+0.160%+ Points / potential airdropOndo Perps: Active · farm board+$16 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Ondo Perps is 0.032% dearer against QFEX than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of −0.043%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	QFEX CL-USD	92.440	−0.0040	get 0.0005% / 1h	33m 08s	$2.4M	$2.1M	10x
Short	Ondo Perps WTI-USD.P	92.430	−0.0045	pay 0.0006% / 1h	33m 08s	$3.5M	$6.2M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Ondo Perps 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

Position, each leg$Hold fordaysFee QFEXbpFee Ondo PerpsbpOrdersPrice spread, now −0.011%Rate

Funding earned: −$1.04
Price spread: −0.011% → −0.043%: $3.21
Slippage, 4 orders: no order book: not counted
Fee QFEX: 5 bp × 2 orders: −$10
Fee Ondo Perps: 2.5 bp × 2 orders: −$5
Net: −$12.83
Costs to cover: 0.150%
Break-even: never at this rate

Slippage unknown: QFEX: live order book, 4 min ago; Ondo Perps: 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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy QFEX live order book, 4 min ago	1.62 bp	6.6 bp −$7	6.6 bp −$66	8.1 bp −$808	doesn't fit
Sell Ondo Perps no order-book sample	—	—	—	—	—

Ondo Perps: 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.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
GRVT CL_USDT_Perp	−0.0356%	4h	92.460	+0.022%	$58K	$693K	25x	as long as short
Aster CLUSD1	−0.0327%	4h	92.489	+0.053%	$24.0M	$80.6M	20x	as long as short
Binance CLUSDT	−0.0265%	4h	92.490	+0.055%	$245.2M	$1.07B	100x	as long as short
Variational Omni CL	−0.0254%	4h	92.451	+0.012%	$13.2M	$12.2M	—	as long as short
Gate CL_USDT	−0.0225%	8h	92.430	−0.011%	$21.3M	$54.9M	100x	as long as short
Kraken Futures PF_WTIOILUSD	−0.0120%	1h	92.507	+0.073%	$274K	$1.1M	25x	as long as short
Nado WTI-PERP	−0.0084%	1h	92.511	+0.077%	$932K	$732K	10x	as long as short
Deribit WTIOIL_USDC-PERPETUAL	−0.0074%	1h	92.500	+0.065%	$96K	$189K	15x	as long as short
Ondo Perps WTI-USD.Pshort	−0.0045%	1h	92.430	−0.011%	$3.5M	$6.2M	20x
Coinbase International WTIOIL-PERP-INTX	−0.0040%	1h	92.030	−0.444%	$399K	$960K	15x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
QFEX CL-USDlong	−0.0040%	1h	92.440	long leg	$2.4M	$2.1M	10x
tradeXYZ xyz:CL	−0.0022%	1h	92.494	+0.058%	$186.5M	$256.6M	20x	as long as short
Paradex CL-USD-PERP	−0.0014%	8h	92.449	+0.010%	$15K	$367	5x	as long as short
dYdX WTI-USD	0.0000%	1h	92.483	+0.047%	$8K	$3K	5x	as long as short
Bybit CLUSDT	0.0000%	8h	92.510	+0.076%	$26.2M	$92.6M	150x	as long as short
OKX CL-USDT-SWAP	0.0000%	4h	92.480	+0.043%	$43.0M	$111.1M	50x	as long as short
RISEx CL/USDC	0.0000%	1h	92.587	+0.159%	$3.3M	$2.7M	20x	as long as short
Bitget CLUSDT	0.0000%	4h	92.481	+0.044%	$42.1M	$50.9M	100x	as long as short
Phoenix WTIOIL	0.0000%	1h	92.530	+0.097%	$37K	$66K	20x	as long as short
Bullet WTIOIL-USD	0.0000%	1h	92.488	+0.052%	$19K	$242K	10x	as long as short
gTrade (Gains Network) WTI/USD	L 0.0000% / S +0.0036%	1h	92.047	−0.425%	$5K	—	150x	as long as short
Lighter WTI	+0.0008%	1h	92.489	+0.053%	$11.2M	$10.1M	20x	as long as short
Extended WTI-USD	+0.0032%	1h	92.530	+0.097%	$2.3M	$27.1M	10x	as long as short
StandX CL-USD	+0.0040%	1h	92.370	−0.076%	$722K	$3.1M	40x	as long as short
Vest CL-PERP	+0.0046%	1h	92.490	+0.054%	—	$310K	10x	as long as short
Polymarket Perps WTIOIL-USD	+0.0050%	1h	92.472	+0.035%	$1.6M	$1.4M	20x	as long as short
SoDEX CL-USD	+0.0050%	1h	92.486	+0.050%	$2.0M	$39K	20x	as long as short
edgeX CLUSDC	+0.0066%	4h	92.484	+0.048%	$532K	$299K	30x	as long as short
Pacifica CL	+0.0100%	1h	92.479	+0.042%	$354K	$596K	10x	as long as short
KuCoin CLUSDTM	+0.0100%	4h	92.500	+0.065%	$7.3M	$2.3M	50x	as long as short
ApeX Omni CLUSDT	+0.0100%	1h	92.550	+0.119%	$56K	$265K	50x	as long as short
Aevo WTIOIL-PERP	+0.0104%	1h	92.450	+0.011%	$4K	—	10x	as long as short
GMX WTIOIL/USD [ETH-USDC]	L +0.0206% / S −0.0131%	1h	92.485	+0.049%	$78K	—	111x	as long as short
Injective WTI/USDC PERP	+0.0220%	1h	101.56	+9.862%	$19K	$11K	30x	as long as short
BloFin CL-USDT	+0.0240%	4h	92.400	−0.043%	$4.0M	$1.4M	50x	as long as short
Aftermath Perps WTIUSD	+0.0287%	1h	92.452	+0.012%	$2K	$28K	5x	as long as short