CL

Alert

Funding spread now, next payment 18:00 UTC−0.0265%/8h

paid, last 24h−0.076%paid, last 3 days−0.045%to open and close $10k−$31

The current rate is far above what this pair has been paying: over the last 3 days it paid -0.045% in total (about -5.2% a year). A funding rate is set anew for every payment. 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	BloFin CL-USDT	91.660	0.0240	pay 0.0120% / 4h	2h 27m	$4.2M	$1.5M	50x
Short	QFEX CL-USD	91.690	−0.0025	pay 0.0003% / 1h	27m 45s	$2.4M	$2.9M	10x

Funding history

latest

Range statsloading…

Funding on every exchange

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latest

Profit calculator

Position, each leg$Hold fordaysFee BloFinbpFee QFEXbpOrdersRate

Funding earned: −$55.68
Slippage, 4 orders: −$9.13
Fee BloFin: 6 bp × 2 orders: −$12
Fee QFEX: 5 bp × 2 orders: −$10
Net: −$86.8
Break-even: never at this rate

Slippage from BloFin: live order book, 2 min ago; QFEX: live order book, 7 min ago.

Price risk

price view

Price gap now: +0.033%
Avg gap 7d: +0.001%

A gap far from its average can cost days of funding.

Backtest

opened in the past, held until now, after costs

Backtest 7 days Backtest 30 days Backtest 90 daysopens the backtester with this pair and $10,000 a leg

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, 2 min ago	0.55 bp	9.8 bp −$10	11.1 bp −$111	15.6 bp −$1,558	doesn't fit
Sell QFEX live order book, 7 min ago	1.64 bp	7.4 bp −$7	7.7 bp −$77	8.8 bp −$878	doesn't fit

CL on 35 venues

lowest funding first. Swap a leg.

Exchange	Funding /8h	Every	OI	Vol 24h	Max lev
Kraken Futures PF_WTIOILUSD	−0.0091%	1h	$274K	$1.3M	25x	as long as short
Aster CLUSD1	−0.0090%	4h	$24.9M	$63.9M	20x	as long as short
Aftermath Perps WTIUSD	−0.0079%	1h	$2K	$35K	5x	as long as short
Ondo Perps WTI-USD.P	−0.0062%	1h	$3.4M	$5.9M	20x	as long as short
Nado WTI-PERP	−0.0040%	1h	$821K	$725K	10x	as long as short
QFEX CL-USDshort	−0.0025%	1h	$2.4M	$2.9M	10x
Lighter WTI	−0.0024%	1h	$11.1M	$12.2M	20x	as long as short
tradeXYZ xyz:CL	−0.0018%	1h	$183.2M	$264.7M	20x	as long as short
Bullet WTIOIL-USD	−0.0017%	1h	$19K	$248K	10x	as long as short
Binance CLUSDT	−0.0017%	4h	$246.2M	$1.01B	100x	as long as short

Show all 35 venues

Exchange	Funding /8h	Every	OI	Vol 24h	Max lev
dYdX WTI-USD	0.0000%	1h	$5K	$49	5x	as long as short
Bybit CLUSDT	0.0000%	8h	$25.4M	$93.8M	150x	as long as short
OKX CL-USDT-SWAP	0.0000%	4h	$43.3M	$107.9M	50x	as long as short
RISEx CL/USDC	0.0000%	1h	$3.1M	$2.5M	20x	as long as short
Gate CL_USDT	0.0000%	8h	$21.2M	$60.0M	100x	as long as short
Bitget CLUSDT	0.0000%	4h	$42.5M	$62.1M	100x	as long as short
Variational Omni CL	0.0000%	4h	$13.2M	$17.9M	—	as long as short
Phoenix WTIOIL	0.0000%	1h	$33K	$271K	20x	as long as short
Deribit WTIOIL_USDC-PERPETUAL	0.0000%	1h	$95K	$478K	15x	as long as short
gTrade (Gains Network) WTI/USD	L 0.0000% / S +0.0036%	1h	$4K	—	150x	as long as short
Paradex CL-USD-PERP	+0.0017%	8h	$15K	$275	5x	as long as short
Extended WTI-USD	+0.0032%	1h	$1.9M	$30.4M	10x	as long as short
Coinbase International WTIOIL-PERP-INTX	+0.0032%	1h	$394K	$950K	15x	as long as short
Injective WTI/USDC PERP	+0.0033%	1h	$18K	$14K	30x	as long as short
edgeX CLUSDC	+0.0034%	4h	$527K	$353K	30x	as long as short
StandX CL-USD	+0.0040%	1h	$720K	$2.3M	40x	as long as short
Vest CL-PERP	+0.0046%	1h	—	$243K	10x	as long as short
Polymarket Perps WTIOIL-USD	+0.0050%	1h	$1.6M	$1.3M	20x	as long as short
SoDEX CL-USD	+0.0050%	1h	$2.0M	$41K	20x	as long as short
Pacifica CL	+0.0100%	1h	$330K	$391K	10x	as long as short
KuCoin CLUSDTM	+0.0100%	4h	$7.6M	$863K	50x	as long as short
ApeX Omni CLUSDT	+0.0100%	1h	$55K	$272K	50x	as long as short
Aevo WTIOIL-PERP	+0.0104%	1h	$4K	$49	10x	as long as short
GMX WTIOIL/USD [ETH-USDC]	L +0.0133% / S +0.0028%	1h	$78K	—	111x	as long as short
BloFin CL-USDTlong	+0.0240%	4h	$4.2M	$1.5M	50x