Funding you earn now, next payment 22:00 UTC+0.0059%/8h= +6.4% APRnext payment +$0.07 per $10,000 · paid last 24h +0.014%
Price spread now: StandX against QFEX+0.044%7-day average −0.007% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$29as in the Price arb table
costs, in and out, $10k−$340.342% of the position
Funding, last 3 days (all we have)+0.034%+$3 on $10k
+Price spread, last 7 days−0.062%−$6 · spread now +0.044%, 7d avg −0.007%
=Together, before fees−0.029%+ Points / potential airdropStandX: Active · farm board−$3 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and StandX is 0.050% dearer against QFEX than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of −0.007%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | QFEX CL-USD | 91.940 | −0.0019 | get 0.0002% / 1h | 3m 34s | $2.4M | $2.6M | 10x |
| Short | StandX CL-USD | 91.980 | 0.0040 | get 0.0005% / 1h | 3m 34s | $723K | $3.1M | 40x |
QFEX CL-USD
StandX CL-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
StandX against QFEX. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $12.36
- Price spread: +0.044% → −0.007%
- $5.04
- Slippage, 4 orders
- −$16.21
- Fee QFEX: 5 bp × 2 orders
- −$10
- Fee StandX: 4 bp × 2 orders
- −$8
- Net
- −$16.81
- Costs to cover
- 0.342%
- Break-even
- 16.5 days
Slippage from QFEX: live order book, 9 min ago; StandX: live order book, just now.
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, 9 min ago | 1.63 bp | 8.5 bp −$9 | 8.8 bp −$88 | 14.5 bp −$1,445 | doesn't fit |
| Sell StandX live order book, just now | 4.35 bp | 8.3 bp −$8 | 9.5 bp −$95 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| QFEX CL-USDlong | −0.0019% | 1h | 91.940 | long leg | $2.4M | $2.6M | 10x | |
| Aster CLUSD1 | 0.0000% | 4h | 91.960 | +0.022% | $24.5M | $77.6M | 20x | as long as short |
| dYdX WTI-USD | 0.0000% | 1h | 91.937 | −0.003% | $8K | $3K | 5x | as long as short |
| Binance CLUSDT | 0.0000% | 4h | 91.981 | +0.044% | $246.5M | $1.14B | 100x | as long as short |
| Bybit CLUSDT | 0.0000% | 8h | 91.981 | +0.045% | $25.2M | $99.9M | 150x | as long as short |
| OKX CL-USDT-SWAP | 0.0000% | 4h | 91.960 | +0.022% | $43.0M | $116.6M | 50x | as long as short |
| Gate CL_USDT | 0.0000% | 8h | 91.910 | −0.033% | $21.2M | $63.4M | 100x | as long as short |
| Bitget CLUSDT | 0.0000% | 4h | 91.983 | +0.047% | $42.1M | $67.1M | 100x | as long as short |
| Variational Omni CL | 0.0000% | 4h | 91.951 | +0.012% | $13.4M | $16.1M | — | as long as short |
| GRVT CL_USDT_Perp | 0.0000% | 4h | 91.941 | +0.001% | $58K | $773K | 25x | as long as short |
Aster CLUSD1
dYdX WTI-USD
Binance CLUSDT
Bybit CLUSDT
OKX CL-USDT-SWAP
Gate CL_USDT
Bitget CLUSDT
Variational Omni CL
GRVT CL_USDT_PerpShow all 35 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bullet WTIOIL-USD | 0.0000% | 1h | 91.958 | +0.020% | $17K | $241K | 10x | as long as short |
| Deribit WTIOIL_USDC-PERPETUAL | 0.0000% | 1h | 91.980 | +0.044% | $95K | $260K | 15x | as long as short |
| Aftermath Perps WTIUSD | +0.0003% | 1h | 91.890 | −0.054% | $2K | $31K | 5x | as long as short |
| edgeX CLUSDC | +0.0006% | 4h | 91.947 | +0.008% | $529K | $342K | 30x | as long as short |
| Phoenix WTIOIL | +0.0009% | 1h | 91.990 | +0.054% | $33K | $99K | 20x | as long as short |
| Paradex CL-USD-PERP | +0.0014% | 8h | 91.948 | +0.008% | $15K | $367 | 5x | as long as short |
| Lighter WTI | +0.0032% | 1h | 91.903 | −0.040% | $11.0M | $12.3M | 20x | as long as short |
| Extended WTI-USD | +0.0032% | 1h | 91.959 | +0.021% | $2.0M | $29.5M | 10x | as long as short |
| Injective WTI/USDC PERP | +0.0033% | 1h | 91.880 | −0.065% | $17K | $18K | 30x | as long as short |
| Kraken Futures PF_WTIOILUSD | +0.0040% | 1h | 91.979 | +0.043% | $257K | $1.3M | 25x | as long as short |
| StandX CL-USDshort | +0.0040% | 1h | 91.980 | +0.044% | $723K | $3.1M | 40x | |
| Coinbase International WTIOIL-PERP-INTX | +0.0040% | 1h | 92.080 | +0.152% | $393K | $1.3M | 15x | as long as short |
| Vest CL-PERP | +0.0046% | 1h | 92.020 | +0.087% | — | $243K | 10x | as long as short |
| tradeXYZ xyz:CL | +0.0050% | 1h | 91.952 | +0.013% | $182.5M | $289.9M | 20x | as long as short |
| Polymarket Perps WTIOIL-USD | +0.0050% | 1h | 91.954 | +0.015% | $1.6M | $1.4M | 20x | as long as short |
| SoDEX CL-USD | +0.0050% | 1h | 91.953 | +0.014% | $2.0M | $39K | 20x | as long as short |
| Ondo Perps WTI-USD.P | +0.0050% | 1h | 91.940 | 0.000% | $3.5M | $6.5M | 20x | as long as short |
| Pacifica CL | +0.0100% | 1h | 91.950 | +0.011% | $336K | $573K | 10x | as long as short |
| KuCoin CLUSDTM | +0.0100% | 4h | 91.942 | +0.002% | $7.3M | $2.1M | 50x | as long as short |
| ApeX Omni CLUSDT | +0.0100% | 1h | 91.930 | −0.011% | $55K | $266K | 50x | as long as short |
| Aevo WTIOIL-PERP | +0.0104% | 1h | 91.947 | +0.007% | $4K | — | 10x | as long as short |
| Nado WTI-PERP | +0.0178% | 1h | 91.958 | +0.019% | $881K | $787K | 10x | as long as short |
| GMX WTIOIL/USD [ETH-USDC] | L +0.0212% / S −0.0127% | 1h | 91.965 | +0.027% | $76K | — | 29x | as long as short |
| BloFin CL-USDT | +0.0240% | 4h | 91.920 | −0.022% | $4.0M | $1.5M | 50x | as long as short |
| RISEx CL/USDC | +0.0266% | 1h | 92.084 | +0.156% | $3.2M | $2.7M | 20x | as long as short |
Bullet WTIOIL-USD
Deribit WTIOIL_USDC-PERPETUAL
Aftermath Perps WTIUSD
edgeX CLUSDC
Phoenix WTIOIL
Paradex CL-USD-PERP
Lighter WTI
Extended WTI-USD
Injective WTI/USDC PERP
Kraken Futures PF_WTIOILUSD
Coinbase International WTIOIL-PERP-INTX
Vest CL-PERP
tradeXYZ xyz:CL
Polymarket Perps WTIOIL-USD
SoDEX CL-USD
Ondo Perps WTI-USD.P
Pacifica CL
KuCoin CLUSDTM
ApeX Omni CLUSDT
Aevo WTIOIL-PERP
Nado WTI-PERP
GMX WTIOIL/USD [ETH-USDC]
BloFin CL-USDT
RISEx CL/USDC