CL

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC+0.0065%/8h= +7.1% APRnext payment +$0.08 per $10,000 · paid last 24h −0.030%

Price spread now: Kraken Futures against StandX+0.600%7-day average +0.034% · you sell dearer than you buy

Net, funding: paid 7d − costs−$122as in the Funding arb table

Net, price: spread back to 7d avg − costs−$21as in the Price arb table

costs, in and out, $10k−$780.781% of the position

Long on StandX Short on Kraken Futures

What this pair did over the last

the charts below follow

Funding, last 7 days−0.441%−$44 on $10k

Price spread, last 3 days (all we have)−0.602%−$60 · spread now +0.600%, 7d avg +0.034%

Together, before fees−1.042%+ Points / potential airdropStandX: Active · farm board−$104 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 Kraken Futures is 0.566% dearer against StandX than usual: you sell high and buy low: +$57 more if the spread goes back to its 7-day average of +0.034%. Mind the row above: over the last 7 days funding on this pair cost −0.441%, so the current rate has only just turned in your favour.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	StandX CL-USD	92.330	0.0040	pay 0.0005% / 1h	52m 46s	$726K	$2.9M	40x
Short	Kraken Futures PF_WTIOILUSD	92.884	0.0105	get 0.0013% / 1h	52m 46s	$273K	$882K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Kraken Futures against StandX. 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 StandXbpFee Kraken FuturesbpOrdersPrice spread, now +0.600%Rate

Funding earned: $13.61
Price spread: +0.600% → +0.034%: $56.63
Slippage, 4 orders: −$60.1
Fee StandX: 4 bp × 2 orders: −$8
Fee Kraken Futures: 5 bp × 2 orders: −$10
Net: −$7.86
Costs to cover: 0.781%
Break-even: 11.0 days

Slippage from StandX: live order book, 1 min ago; Kraken Futures: live order book, 16 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 StandX live order book, 1 min ago	2.71 bp	51.9 bp −$52	56.6 bp −$566	doesn't fit	doesn't fit
Sell Kraken Futures live order book, 16 min ago	3.23 bp	8.8 bp −$9	22.0 bp −$220	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
Deribit WTIOIL_USDC-PERPETUAL	−0.0503%	1h	92.840	+0.552%	$198K	$369K	15x	as long as short
Aster CLUSD1	−0.0242%	4h	92.876	+0.591%	$24.0M	$71.0M	20x	as long as short
GRVT CL_USDT_Perp	−0.0210%	4h	92.871	+0.586%	$61K	$633K	25x	as long as short
Binance CLUSDT	−0.0207%	4h	92.861	+0.576%	$244.5M	$959.6M	100x	as long as short
Variational Omni CL	−0.0203%	4h	92.860	+0.574%	$13.5M	$11.1M	—	as long as short
Nado WTI-PERP	−0.0107%	1h	92.879	+0.595%	$961K	$668K	10x	as long as short
Gate CL_USDT	−0.0096%	8h	92.810	+0.520%	$20.9M	$52.2M	100x	as long as short
Ondo Perps WTI-USD.P	−0.0090%	1h	92.750	+0.455%	$3.5M	$5.6M	20x	as long as short
edgeX CLUSDC	−0.0077%	4h	92.864	+0.579%	$529K	$302K	30x	as long as short
Coinbase International WTIOIL-PERP-INTX	−0.0040%	1h	92.750	+0.455%	$402K	$946K	15x	as long as short

Show all 35 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
tradeXYZ xyz:CL	−0.0039%	1h	92.877	+0.592%	$184.7M	$218.5M	20x	as long as short
QFEX CL-USD	−0.0032%	1h	92.790	+0.498%	$2.5M	$1.7M	10x	as long as short
Aftermath Perps WTIUSD	−0.0013%	1h	92.866	+0.580%	$2K	$28K	5x	as long as short
OKX CL-USDT-SWAP	−0.0006%	4h	92.870	+0.585%	$42.8M	$102.4M	50x	as long as short
dYdX WTI-USD	0.0000%	1h	92.909	+0.627%	$8K	$3K	5x	as long as short
Bybit CLUSDT	0.0000%	8h	92.890	+0.607%	$26.9M	$81.1M	150x	as long as short
Bitget CLUSDT	0.0000%	4h	92.854	+0.568%	$41.9M	$43.4M	100x	as long as short
Phoenix WTIOIL	0.0000%	1h	92.880	+0.596%	$37K	$42K	20x	as long as short
Bullet WTIOIL-USD	0.0000%	1h	92.858	+0.572%	$19K	$241K	10x	as long as short
gTrade (Gains Network) WTI/USD	L 0.0000% / S +0.0036%	1h	92.433	+0.112%	$5K	—	150x	as long as short
Lighter WTI	+0.0024%	1h	92.889	+0.605%	$11.2M	$10.3M	20x	as long as short
Extended WTI-USD	+0.0032%	1h	92.900	+0.617%	$2.1M	$23.4M	10x	as long as short
Paradex CL-USD-PERP	+0.0036%	8h	92.809	+0.519%	$16K	$367	5x	as long as short
StandX CL-USDlong	+0.0040%	1h	92.330	long leg	$726K	$2.9M	40x
Vest CL-PERP	+0.0046%	1h	92.870	+0.585%	—	$310K	10x	as long as short
Polymarket Perps WTIOIL-USD	+0.0050%	1h	92.858	+0.572%	$1.6M	$1.3M	20x	as long as short
SoDEX CL-USD	+0.0050%	1h	92.875	+0.590%	$2.1M	$61K	20x	as long as short
RISEx CL/USDC	+0.0066%	1h	92.927	+0.647%	$3.3M	$2.7M	20x	as long as short
KuCoin CLUSDTM	+0.0078%	4h	92.876	+0.591%	$7.3M	$2.3M	50x	as long as short
Pacifica CL	+0.0100%	1h	92.835	+0.547%	$331K	$618K	10x	as long as short
ApeX Omni CLUSDT	+0.0100%	1h	92.870	+0.585%	$56K	$266K	50x	as long as short
Aevo WTIOIL-PERP	+0.0104%	1h	92.834	+0.546%	$4K	—	10x	as long as short
Kraken Futures PF_WTIOILUSDshort	+0.0105%	1h	92.884	+0.600%	$273K	$882K	25x
GMX WTIOIL/USD [ETH-USDC]	L +0.0207% / S −0.0131%	1h	92.865	+0.579%	$78K	—	111x	as long as short
Injective WTI/USDC PERP	+0.0220%	1h	102.15	+10.633%	$19K	$11K	30x	as long as short