CL

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0082%/8h= +9.0% APRnext payment +$0.41 per $10,000 · paid last 24h +0.032%

Price spread now: KuCoin against Bitget+0.029%7-day average +0.012% · you sell dearer than you buy

Net, funding: paid 7d − costs−$6as in the Funding arb table

Net, price: spread back to 7d avg − costs−$30as in the Price arb table

costs, in and out, $10k−$320.321% of the position

Long on Bitget Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.259%+$26 on $10k

Price spread, last 7 days+0.042%+$4 · spread now +0.029%, 7d avg +0.012%

Together, before fees+0.302%+$30 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.012%, so right now this pair is about funding alone: +$2 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget CLUSDT	93.044	−0.0094	get 0.0047% / 4h	35m 11s	$41.9M	$43.9M	100x
Short	KuCoin CLUSDTM	93.071	−0.0012	pay 0.0006% / 4h	35m 11s	$7.1M	$2.4M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin against Bitget. 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 BitgetbpFee KuCoinbpOrdersPrice spread, now +0.029%Rate

Funding earned: $17.22
Price spread: +0.029% → +0.012%: $1.71
Slippage, 4 orders: −$8.14
Fee Bitget: 6 bp × 2 orders: −$12
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$13.21
Costs to cover: 0.321%
Break-even: 12.4 days

Slippage from Bitget: live order book, 4 min ago; KuCoin: 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 Bitget live order book, 4 min ago	0.05 bp	7.5 bp −$7	8.9 bp −$89	doesn't fit	doesn't fit
Sell KuCoin live order book, 3 min ago	1.88 bp	8.9 bp −$9	doesn't fit	doesn't fit	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
Deribit WTIOIL_USDC-PERPETUAL	−0.0287%	1h	93.060	+0.017%	$199K	$370K	15x	as long as short
Aster CLUSD1	−0.0252%	4h	93.069	+0.027%	$24.0M	$67.3M	20x	as long as short
GRVT CL_USDT_Perp	−0.0246%	4h	93.086	+0.045%	$64K	$648K	25x	as long as short
Kraken Futures PF_WTIOILUSD	−0.0196%	1h	93.108	+0.069%	$274K	$872K	25x	as long as short
Binance CLUSDT	−0.0194%	4h	93.070	+0.028%	$244.6M	$951.9M	100x	as long as short
Variational Omni CL	−0.0187%	4h	93.099	+0.059%	$13.5M	$10.9M	—	as long as short
Ondo Perps WTI-USD.P	−0.0118%	1h	93.060	+0.017%	$3.5M	$5.6M	20x	as long as short
tradeXYZ xyz:CL	−0.0111%	1h	93.062	+0.019%	$184.8M	$215.6M	20x	as long as short
Aftermath Perps WTIUSD	−0.0096%	1h	93.109	+0.070%	$2K	$27K	5x	as long as short
Bitget CLUSDTlong	−0.0094%	4h	93.044	long leg	$41.9M	$43.9M	100x

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
edgeX CLUSDC	−0.0092%	4h	93.074	+0.032%	$530K	$300K	30x	as long as short
OKX CL-USDT-SWAP	−0.0070%	4h	93.060	+0.017%	$42.6M	$102.7M	50x	as long as short
Gate CL_USDT	−0.0053%	8h	93.020	−0.026%	$20.9M	$51.7M	100x	as long as short
Coinbase International WTIOIL-PERP-INTX	−0.0048%	1h	92.750	−0.316%	$402K	$944K	15x	as long as short
QFEX CL-USD	−0.0043%	1h	93.070	+0.028%	$2.5M	$1.7M	10x	as long as short
Nado WTI-PERP	−0.0035%	1h	93.144	+0.107%	$963K	$653K	10x	as long as short
Lighter WTI	−0.0016%	1h	93.071	+0.029%	$11.2M	$10.5M	20x	as long as short
KuCoin CLUSDTMshort	−0.0012%	4h	93.071	+0.029%	$7.1M	$2.4M	50x
dYdX WTI-USD	0.0000%	1h	93.113	+0.074%	$8K	$3K	5x	as long as short
Extended WTI-USD	0.0000%	1h	93.110	+0.071%	$2.0M	$21.1M	10x	as long as short
Bybit CLUSDT	0.0000%	8h	93.080	+0.039%	$26.7M	$80.8M	150x	as long as short
RISEx CL/USDC	0.0000%	1h	93.164	+0.129%	$3.1M	$2.9M	20x	as long as short
Phoenix WTIOIL	0.0000%	1h	93.130	+0.092%	$37K	$42K	20x	as long as short
Bullet WTIOIL-USD	0.0000%	1h	93.080	+0.039%	$19K	$242K	10x	as long as short
gTrade (Gains Network) WTI/USD	L 0.0000% / S +0.0036%	1h	92.630	−0.445%	$5K	—	150x	as long as short
Paradex CL-USD-PERP	+0.0012%	8h	93.073	+0.031%	$16K	$367	5x	as long as short
StandX CL-USD	+0.0040%	1h	93.140	+0.103%	$735K	$2.9M	40x	as long as short
Vest CL-PERP	+0.0046%	1h	93.110	+0.071%	—	$310K	10x	as long as short
Polymarket Perps WTIOIL-USD	+0.0050%	1h	93.087	+0.046%	$1.7M	$1.3M	20x	as long as short
SoDEX CL-USD	+0.0050%	1h	93.066	+0.024%	$2.1M	$60K	20x	as long as short
Pacifica CL	+0.0068%	1h	93.091	+0.050%	$329K	$621K	10x	as long as short
ApeX Omni CLUSDT	+0.0100%	1h	93.090	+0.049%	$56K	$266K	50x	as long as short
Aevo WTIOIL-PERP	+0.0104%	1h	93.059	+0.016%	$4K	—	10x	as long as short
BloFin CL-USDT	+0.0170%	4h	93.080	+0.039%	$4.0M	$1.1M	50x	as long as short
GMX WTIOIL/USD [ETH-USDC]	L +0.0213% / S −0.0140%	1h	93.075	+0.033%	$81K	—	111x	as long as short
Injective WTI/USDC PERP	+0.0220%	1h	102.19	+9.825%	$19K	$11K	30x	as long as short