CL

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0266%/8h= +29.1% APRnext payment +$1.33 per $10,000 · paid last 24h +0.026%

Price spread now: OKX against Aster−0.073%7-day average −0.009% · you buy dearer than you sell

Net, funding: paid 7d − costs−$23as in the Funding arb table

Net, price: spread back to 7d avg − costs−$27as in the Price arb table

costs, in and out, $10k−$200.204% of the position

Long on Aster Short on OKX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.025%−$3 on $10k

Price spread, last 7 days+0.083%+$8 · spread now −0.073%, 7d avg −0.009%

Together, before fees+0.058%+ Points / potential airdropAster: Stage 5 · farm board+$6 on $10k · with fees, hour by hour

Funding pays, the price is against you. OKX is 0.064% cheaper against Aster than usual: you would sell low and buy high (spread −0.073% now, against its 7-day average of −0.009%). If the spread goes back, that is −$6 on $10k: about 19 hours of funding at the current rate (+$8 a day).

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.025% in total (about -1.3% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.33 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aster CLUSD1	92.998	−0.0283	get 0.0141% / 4h	2h 15m	$24.0M	$72.5M	20x
Short	OKX CL-USDT-SWAP	92.930	−0.0017	pay 0.0008% / 4h	2h 15m	$42.9M	$104.9M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX against Aster. 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 AsterbpFee OKXbpOrdersPrice spread, now −0.073%Rate

Funding earned: $55.82
Price spread: −0.073% → −0.009%: −$6.44
Slippage, 4 orders: −$2.37
Fee Aster: 4 bp × 2 orders: −$8
Fee OKX: 5 bp × 2 orders: −$10
Net: $29.01
Costs to cover: 0.204%
Break-even: 3.4 days

Slippage from Aster: live order book, 3 min ago; OKX: 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 Aster live order book, 3 min ago	0.54 bp	4.5 bp −$5	5.6 bp −$56	doesn't fit	doesn't fit
Sell OKX live order book, 3 min ago	0.54 bp	5.5 bp −$6	6.8 bp −$68	15.0 bp −$1,501	125.4 bp −$62.7K

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	92.880	−0.127%	$198K	$365K	15x	as long as short
Aster CLUSD1long	−0.0283%	4h	92.998	long leg	$24.0M	$72.5M	20x
GRVT CL_USDT_Perp	−0.0258%	4h	92.840	−0.170%	$53K	$631K	25x	as long as short
Binance CLUSDT	−0.0245%	4h	92.930	−0.073%	$245.0M	$976.8M	100x	as long as short
Variational Omni CL	−0.0240%	4h	92.898	−0.108%	$13.4M	$11.0M	—	as long as short
Gate CL_USDT	−0.0113%	8h	92.880	−0.127%	$20.9M	$53.9M	100x	as long as short
Nado WTI-PERP	−0.0068%	1h	92.973	−0.027%	$965K	$675K	10x	as long as short
Coinbase International WTIOIL-PERP-INTX	−0.0048%	1h	92.750	−0.267%	$402K	$946K	15x	as long as short
tradeXYZ xyz:CL	−0.0046%	1h	92.932	−0.071%	$184.6M	$220.5M	20x	as long as short
Kraken Futures PF_WTIOILUSD	−0.0038%	1h	92.951	−0.050%	$274K	$884K	25x	as long as short

Show all 35 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
QFEX CL-USD	−0.0033%	1h	92.900	−0.105%	$2.5M	$1.7M	10x	as long as short
Ondo Perps WTI-USD.P	−0.0030%	1h	92.880	−0.127%	$3.5M	$5.7M	20x	as long as short
OKX CL-USDT-SWAPshort	−0.0017%	4h	92.930	−0.073%	$42.9M	$104.9M	50x
dYdX WTI-USD	0.0000%	1h	92.911	−0.093%	$8K	$3K	5x	as long as short
Bybit CLUSDT	0.0000%	8h	92.960	−0.041%	$27.0M	$82.1M	150x	as long as short
Bitget CLUSDT	0.0000%	4h	92.917	−0.087%	$42.0M	$43.9M	100x	as long as short
Phoenix WTIOIL	0.0000%	1h	92.920	−0.084%	$37K	$51K	20x	as long as short
Bullet WTIOIL-USD	0.0000%	1h	92.915	−0.090%	$18K	$240K	10x	as long as short
gTrade (Gains Network) WTI/USD	L 0.0000% / S +0.0036%	1h	92.458	−0.581%	$5K	—	150x	as long as short
Aftermath Perps WTIUSD	+0.0011%	1h	92.855	−0.154%	$2K	$28K	5x	as long as short
Paradex CL-USD-PERP	+0.0030%	8h	92.913	−0.091%	$16K	$367	5x	as long as short
Lighter WTI	+0.0032%	1h	92.933	−0.070%	$11.2M	$10.4M	20x	as long as short
Extended WTI-USD	+0.0032%	1h	92.980	−0.019%	$2.1M	$24.3M	10x	as long as short
RISEx CL/USDC	+0.0037%	1h	93.042	+0.048%	$3.3M	$2.7M	20x	as long as short
StandX CL-USD	+0.0040%	1h	92.340	−0.708%	$726K	$3.0M	40x	as long as short
Vest CL-PERP	+0.0046%	1h	92.920	−0.084%	—	$310K	10x	as long as short
Polymarket Perps WTIOIL-USD	+0.0050%	1h	92.932	−0.071%	$1.6M	$1.3M	20x	as long as short
SoDEX CL-USD	+0.0050%	1h	92.915	−0.089%	$2.1M	$61K	20x	as long as short
edgeX CLUSDC	+0.0061%	4h	92.816	−0.196%	$528K	$303K	30x	as long as short
KuCoin CLUSDTM	+0.0078%	4h	92.969	−0.031%	$7.2M	$2.3M	50x	as long as short
Pacifica CL	+0.0100%	1h	92.939	−0.063%	$332K	$618K	10x	as long as short
ApeX Omni CLUSDT	+0.0100%	1h	92.840	−0.170%	$56K	$265K	50x	as long as short
Aevo WTIOIL-PERP	+0.0104%	1h	92.895	−0.111%	$4K	—	10x	as long as short
GMX WTIOIL/USD [ETH-USDC]	L +0.0207% / S −0.0131%	1h	92.915	−0.089%	$78K	—	111x	as long as short
Injective WTI/USDC PERP	+0.0220%	1h	102.04	+9.718%	$19K	$11K	30x	as long as short