CL

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0215%/8h= −23.5% APRnext payment −$1.07 per $10,000 · paid last 24h −0.046%

Price spread now: KuCoin against BloFin+0.038%7-day average +0.023% · you sell dearer than you buy

Net, funding: paid 7d − costs−$50as in the Funding arb table

Net, price: spread back to 7d avg − costs−$32as in the Price arb table

costs, in and out, $10k−$340.337% of the position

Long on BloFin Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days−0.165%−$16 on $10k

Price spread, last 4 days (all we have)+0.099%+$10 · spread now +0.038%, 7d avg +0.023%

Together, before fees−0.066%−$7 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.023%, so right now this pair is about funding alone: −$6 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BloFin CL-USDT	93.280	0.0209	pay 0.0104% / 4h	3h 39m	$4.0M	$1.0M	50x
Short	KuCoin CLUSDTM	93.315	−0.0006	pay 0.0003% / 4h	3h 39m	$7.1M	$2.4M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin against BloFin. 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 BloFinbpFee KuCoinbpOrdersPrice spread, now +0.038%Rate

Funding earned: −$45.11
Price spread: +0.038% → +0.023%: $1.45
Slippage, 4 orders: −$9.72
Fee BloFin: 6 bp × 2 orders: −$12
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$77.38
Costs to cover: 0.337%
Break-even: never at this rate

Slippage from BloFin: live order book, 4 min ago; KuCoin: live order book, 4 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 BloFin live order book, 4 min ago	0.54 bp	6.5 bp −$7	6.5 bp −$65	10.6 bp −$1,057	24.8 bp −$12.4K
Sell KuCoin live order book, 4 min ago	1.61 bp	10.7 bp −$11	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	−0.0393%	1h	93.290	+0.011%	$199K	$370K	15x	as long as short
Aster CLUSD1	−0.0260%	4h	93.331	+0.055%	$24.2M	$66.2M	20x	as long as short
GRVT CL_USDT_Perp	−0.0246%	4h	93.265	−0.016%	$54K	$645K	25x	as long as short
Binance CLUSDT	−0.0173%	4h	93.256	−0.026%	$245.4M	$942.0M	100x	as long as short
Variational Omni CL	−0.0159%	4h	93.269	−0.012%	$13.4M	$10.9M	—	as long as short
Nado WTI-PERP	−0.0130%	1h	93.363	+0.089%	$965K	$636K	10x	as long as short
Bitget CLUSDT	−0.0122%	4h	93.245	−0.038%	$42.0M	$43.3M	100x	as long as short
Aftermath Perps WTIUSD	−0.0116%	1h	93.262	−0.020%	$2K	$27K	5x	as long as short
Ondo Perps WTI-USD.P	−0.0114%	1h	93.250	−0.032%	$3.5M	$5.4M	20x	as long as short
Kraken Futures PF_WTIOILUSD	−0.0061%	1h	93.310	+0.032%	$277K	$960K	25x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
edgeX CLUSDC	−0.0058%	4h	93.273	−0.008%	$524K	$305K	30x	as long as short
Gate CL_USDT	−0.0053%	8h	93.210	−0.075%	$21.1M	$51.1M	100x	as long as short
Coinbase International WTIOIL-PERP-INTX	−0.0040%	1h	93.190	−0.096%	$401K	$927K	15x	as long as short
QFEX CL-USD	−0.0033%	1h	93.290	+0.011%	$2.3M	$1.8M	10x	as long as short
OKX CL-USDT-SWAP	−0.0031%	4h	93.270	−0.011%	$42.7M	$103.0M	50x	as long as short
Phoenix WTIOIL	−0.0009%	1h	93.300	+0.021%	$37K	$41K	20x	as long as short
tradeXYZ xyz:CL	−0.0008%	1h	93.267	−0.014%	$184.7M	$217.8M	20x	as long as short
KuCoin CLUSDTMshort	−0.0006%	4h	93.315	+0.038%	$7.1M	$2.4M	50x
dYdX WTI-USD	0.0000%	1h	93.352	+0.077%	$8K	$3K	5x	as long as short
Bybit CLUSDT	0.0000%	8h	93.277	−0.003%	$27.0M	$80.6M	150x	as long as short
RISEx CL/USDC	0.0000%	1h	93.376	+0.102%	$3.1M	$2.9M	20x	as long as short
Bullet WTIOIL-USD	0.0000%	1h	93.315	+0.038%	$18K	$242K	10x	as long as short
gTrade (Gains Network) WTI/USD	L 0.0000% / S +0.0036%	1h	92.867	−0.443%	$5K	—	150x	as long as short
Paradex CL-USD-PERP	+0.0018%	8h	93.299	+0.020%	$16K	$367	5x	as long as short
Lighter WTI	+0.0032%	1h	93.283	+0.003%	$11.2M	$10.3M	20x	as long as short
Extended WTI-USD	+0.0032%	1h	93.360	+0.086%	$2.0M	$19.3M	10x	as long as short
StandX CL-USD	+0.0040%	1h	93.210	−0.075%	$737K	$2.9M	40x	as long as short
Vest CL-PERP	+0.0046%	1h	93.320	+0.043%	—	$313K	10x	as long as short
Polymarket Perps WTIOIL-USD	+0.0050%	1h	93.308	+0.030%	$1.7M	$1.3M	20x	as long as short
SoDEX CL-USD	+0.0050%	1h	93.279	−0.001%	$2.1M	$60K	20x	as long as short
Pacifica CL	+0.0100%	1h	93.313	+0.035%	$331K	$597K	10x	as long as short
ApeX Omni CLUSDT	+0.0100%	1h	93.290	+0.011%	$56K	$266K	50x	as long as short
Aevo WTIOIL-PERP	+0.0104%	1h	93.272	−0.008%	$4K	—	10x	as long as short
BloFin CL-USDTlong	+0.0209%	4h	93.280	long leg	$4.0M	$1.0M	50x
Injective WTI/USDC PERP	+0.0220%	1h	102.17	+9.526%	$19K	$11K	30x	as long as short
GMX WTIOIL/USD [ETH-USDC]	L +0.0220% / S −0.0148%	1h	93.315	+0.038%	$81K	—	111x	as long as short