CL

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0212%/8h= −23.3% APRnext payment −$1.06 per $10,000 · paid last 24h −0.004%

Price spread now: Binance against edgeX+0.036%100s7-day average +0.027% · you sell dearer than you buy

Net, funding: paid 7d − costs−$18as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$400.400% of the position

Long on edgeX Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days+0.224%+$22 on $10k

Price spread, last 2 days (all we have)−0.031%−$3 · spread now +0.036%, 7d avg +0.027%

Together, before fees+0.193%+ Points / potential airdropedgeX: Active · farm board+$19 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.027%, so right now this pair is about funding alone: −$6 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair paid +0.224%, so the current rate has only just turned against you. The two prices were read 100 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	edgeX CLUSDC	92.037	0.0059	pay 0.0029% / 4h	41m 56s	$529K	$336K	30x
Short	Binance CLUSDT	92.070	−0.0154	pay 0.0077% / 4h	41m 56s	$245.3M	$1.10B	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against edgeX. 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 edgeXbpFee BinancebpOrdersPrice spread, now +0.036%Rate

Funding earned: −$44.61
Price spread: +0.036% → +0.027%: $0.91
Slippage, 4 orders: −$20.98
Fee edgeX: 4.5 bp × 2 orders: −$9
Fee Binance: 5 bp × 2 orders: −$10
Net: −$83.68
Costs to cover: 0.400%
Break-even: never at this rate

Slippage from edgeX: live order book, 37 min ago; Binance: live order book, 2 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 edgeX live order book, 37 min ago	9.94 bp	14.4 bp −$14	14.8 bp −$148	21.2 bp −$2,125	doesn't fit
Sell Binance live order book, 2 min ago	0.54 bp	5.5 bp −$6	5.9 bp −$59	9.0 bp −$901	23.4 bp −$11.7K

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
Kraken Futures PF_WTIOILUSD	−0.0450%	1h	92.096	+0.064%	$275K	$1.2M	25x	as long as short
GRVT CL_USDT_Perp	−0.0304%	4h	92.024	−0.014%	$58K	$702K	25x	as long as short
Deribit WTIOIL_USDC-PERPETUAL	−0.0293%	1h	92.080	+0.047%	$96K	$189K	15x	as long as short
Aster CLUSD1	−0.0230%	4h	92.090	+0.057%	$24.0M	$77.6M	20x	as long as short
Nado WTI-PERP	−0.0177%	1h	92.152	+0.125%	$924K	$741K	10x	as long as short
Binance CLUSDTshort	−0.0154%	4h	92.070	+0.036%	$245.3M	$1.10B	100x
Lighter WTI	−0.0128%	1h	92.064	+0.029%	$11.1M	$10.9M	20x	as long as short
Ondo Perps WTI-USD.P	−0.0126%	1h	92.080	+0.047%	$3.5M	$6.4M	20x	as long as short
Variational Omni CL	−0.0123%	4h	91.994	−0.047%	$13.4M	$12.7M	—	as long as short
tradeXYZ xyz:CL	−0.0108%	1h	92.084	+0.051%	$185.8M	$275.8M	20x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Paradex CL-USD-PERP	−0.0107%	8h	92.058	+0.023%	$15K	$367	5x	as long as short
Bullet WTIOIL-USD	−0.0074%	1h	92.073	+0.039%	$18K	$241K	10x	as long as short
QFEX CL-USD	−0.0054%	1h	92.050	+0.014%	$2.4M	$2.6M	10x	as long as short
Gate CL_USDT	−0.0025%	8h	92.010	−0.029%	$21.3M	$57.6M	100x	as long as short
Pacifica CL	−0.0020%	1h	92.092	+0.060%	$332K	$576K	10x	as long as short
dYdX WTI-USD	0.0000%	1h	92.108	+0.077%	$8K	$3K	5x	as long as short
Bybit CLUSDT	0.0000%	8h	92.090	+0.057%	$25.5M	$94.9M	150x	as long as short
OKX CL-USDT-SWAP	0.0000%	4h	92.080	+0.047%	$43.1M	$113.0M	50x	as long as short
RISEx CL/USDC	0.0000%	1h	92.194	+0.171%	$3.3M	$2.7M	20x	as long as short
Bitget CLUSDT	0.0000%	4h	92.060	+0.025%	$41.9M	$51.8M	100x	as long as short
Phoenix WTIOIL	0.0000%	1h	92.070	+0.036%	$37K	$101K	20x	as long as short
Coinbase International WTIOIL-PERP-INTX	0.0000%	1h	92.030	−0.008%	$399K	$984K	15x	as long as short
gTrade (Gains Network) WTI/USD	L 0.0000% / S +0.0036%	1h	91.649	−0.422%	$4K	—	150x	as long as short
Extended WTI-USD	+0.0008%	1h	92.125	+0.095%	$2.0M	$27.5M	10x	as long as short
Polymarket Perps WTIOIL-USD	+0.0028%	1h	92.074	+0.040%	$1.6M	$1.4M	20x	as long as short
StandX CL-USD	+0.0040%	1h	92.100	+0.068%	$721K	$3.1M	40x	as long as short
Vest CL-PERP	+0.0046%	1h	92.130	+0.101%	—	$308K	10x	as long as short
SoDEX CL-USD	+0.0050%	1h	92.075	+0.041%	$2.0M	$39K	20x	as long as short
edgeX CLUSDClong	+0.0059%	4h	92.037	long leg	$529K	$336K	30x
Aftermath Perps WTIUSD	+0.0068%	1h	92.083	+0.050%	$2K	$29K	5x	as long as short
KuCoin CLUSDTM	+0.0100%	4h	92.075	+0.041%	$7.3M	$2.1M	50x	as long as short
ApeX Omni CLUSDT	+0.0100%	1h	92.150	+0.123%	$56K	$266K	50x	as long as short
Aevo WTIOIL-PERP	+0.0104%	1h	92.058	+0.022%	$4K	—	10x	as long as short
GMX WTIOIL/USD [ETH-USDC]	L +0.0203% / S −0.0127%	1h	92.065	+0.030%	$76K	—	111x	as long as short
Injective WTI/USDC PERP	+0.0220%	1h	101.28	+10.037%	$19K	$11K	30x	as long as short
BloFin CL-USDT	+0.0240%	4h	92.070	+0.036%	$4.0M	$1.4M	50x	as long as short