CL

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC−0.0080%/8h= −8.7% APRnext payment −$0.10 per $10,000 · paid last 24h −0.014%

Price spread now: QFEX against StandX+0.076%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−$26as in the Price arb table

costs, in and out, $10k−$330.327% of the position

Long on StandX Short on QFEX

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.036%−$4 on $10k

Price spread, last 7 days−0.074%−$7 · spread now +0.076%, 7d avg +0.007%

Together, before fees−0.110%+ Points / potential airdropStandX: Active · farm board−$11 on $10k · with fees, hour by hour

The price spread pays, funding is against you. QFEX is 0.069% dearer against StandX than usual: you sell high and buy low (spread +0.076% now, against its 7-day average of +0.007%): +$7 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 2.9 days. At the pace of the last 3 days (−0.036% in total) that is about 6.5 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	StandX CL-USD	92.370	0.0040	pay 0.0005% / 1h	34m 13s	$722K	$3.1M	40x
Short	QFEX CL-USD	92.440	−0.0040	pay 0.0005% / 1h	34m 13s	$2.4M	$2.1M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

QFEX 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 QFEXbpOrdersPrice spread, now +0.076%Rate

Funding earned: −$16.77
Price spread: +0.076% → +0.007%: $6.89
Slippage, 4 orders: −$14.74
Fee StandX: 4 bp × 2 orders: −$8
Fee QFEX: 5 bp × 2 orders: −$10
Net: −$42.62
Costs to cover: 0.327%
Break-even: never at this rate

Slippage from StandX: live order book, 5 min ago; QFEX: live order book, 3 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, 5 min ago	1.62 bp	13.1 bp −$13	17.1 bp −$171	doesn't fit	doesn't fit
Sell QFEX live order book, 3 min ago	1.62 bp	7.4 bp −$7	7.7 bp −$77	9.3 bp −$930	doesn't fit

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	−0.0364%	4h	92.380	+0.011%	$58K	$693K	25x	as long as short
Aster CLUSD1	−0.0327%	4h	92.470	+0.108%	$24.0M	$80.8M	20x	as long as short
Binance CLUSDT	−0.0264%	4h	92.460	+0.097%	$245.2M	$1.07B	100x	as long as short
Variational Omni CL	−0.0254%	4h	92.451	+0.087%	$13.2M	$12.2M	—	as long as short
Gate CL_USDT	−0.0220%	8h	92.390	+0.022%	$21.3M	$54.8M	100x	as long as short
Kraken Futures PF_WTIOILUSD	−0.0120%	1h	92.485	+0.125%	$274K	$1.1M	25x	as long as short
Nado WTI-PERP	−0.0087%	1h	92.508	+0.149%	$932K	$732K	10x	as long as short
Deribit WTIOIL_USDC-PERPETUAL	−0.0074%	1h	92.480	+0.119%	$96K	$189K	15x	as long as short
Ondo Perps WTI-USD.P	−0.0046%	1h	92.430	+0.065%	$3.5M	$6.2M	20x	as long as short
Coinbase International WTIOIL-PERP-INTX	−0.0040%	1h	92.030	−0.368%	$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-USDshort	−0.0040%	1h	92.440	+0.076%	$2.4M	$2.1M	10x
tradeXYZ xyz:CL	−0.0024%	1h	92.473	+0.112%	$186.4M	$256.6M	20x	as long as short
Paradex CL-USD-PERP	−0.0015%	8h	92.446	+0.082%	$15K	$367	5x	as long as short
dYdX WTI-USD	0.0000%	1h	92.483	+0.123%	$8K	$3K	5x	as long as short
Bybit CLUSDT	0.0000%	8h	92.480	+0.119%	$26.2M	$92.7M	150x	as long as short
OKX CL-USDT-SWAP	0.0000%	4h	92.440	+0.076%	$43.0M	$111.1M	50x	as long as short
RISEx CL/USDC	0.0000%	1h	92.582	+0.229%	$3.3M	$2.7M	20x	as long as short
Bitget CLUSDT	0.0000%	4h	92.464	+0.102%	$42.1M	$50.9M	100x	as long as short
Phoenix WTIOIL	0.0000%	1h	92.530	+0.173%	$37K	$66K	20x	as long as short
Bullet WTIOIL-USD	0.0000%	1h	92.459	+0.096%	$18K	$241K	10x	as long as short
gTrade (Gains Network) WTI/USD	L 0.0000% / S +0.0036%	1h	92.014	−0.385%	$5K	—	150x	as long as short
Lighter WTI	+0.0008%	1h	92.470	+0.108%	$11.2M	$10.1M	20x	as long as short
Extended WTI-USD	+0.0032%	1h	92.500	+0.141%	$2.3M	$27.2M	10x	as long as short
StandX CL-USDlong	+0.0040%	1h	92.370	long leg	$722K	$3.1M	40x
Vest CL-PERP	+0.0046%	1h	92.490	+0.130%	—	$310K	10x	as long as short
Polymarket Perps WTIOIL-USD	+0.0050%	1h	92.473	+0.112%	$1.6M	$1.4M	20x	as long as short
SoDEX CL-USD	+0.0050%	1h	92.468	+0.106%	$2.0M	$39K	20x	as long as short
edgeX CLUSDC	+0.0096%	4h	92.401	+0.033%	$531K	$299K	30x	as long as short
Pacifica CL	+0.0100%	1h	92.466	+0.104%	$354K	$596K	10x	as long as short
KuCoin CLUSDTM	+0.0100%	4h	92.467	+0.105%	$7.2M	$2.3M	50x	as long as short
ApeX Omni CLUSDT	+0.0100%	1h	92.550	+0.195%	$56K	$265K	50x	as long as short
Aevo WTIOIL-PERP	+0.0104%	1h	92.422	+0.056%	$4K	—	10x	as long as short
GMX WTIOIL/USD [ETH-USDC]	L +0.0206% / S −0.0131%	1h	92.455	+0.092%	$78K	—	111x	as long as short
Injective WTI/USDC PERP	+0.0220%	1h	101.56	+9.945%	$19K	$11K	30x	as long as short
BloFin CL-USDT	+0.0240%	4h	92.400	+0.032%	$4.0M	$1.4M	50x	as long as short
Aftermath Perps WTIUSD	+0.0297%	1h	92.442	+0.078%	$2K	$28K	5x	as long as short