CL

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0213%/8h= +23.3% APRnext payment +$1.06 per $10,000 · paid last 24h +0.075%

Price spread now: BloFin against edgeX−0.168%7-day average 0.000% · you buy dearer than you sell

Net, funding: paid 7d − costs+$9as in the Funding arb table

Net, price: spread back to 7d avg − costs−$58as in the Price arb table

costs, in and out, $10k−$410.409% of the position

Long on edgeX Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.503%+$50 on $10k

Price spread, last 4 days (all we have)+0.113%+$11 · spread now −0.168%, 7d avg 0.000%

Together, before fees+0.615%+ Points / potential airdropedgeX: Active · farm board+$62 on $10k · with fees, hour by hour

Funding pays, the price is against you. BloFin is 0.168% cheaper against edgeX than usual: you would sell low and buy high (spread −0.168% now, against its 7-day average of 0.000%). If the spread goes back, that is −$17 on $10k: about 2.6 days of funding at the current rate (+$6 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	edgeX CLUSDC	93.256	−0.0042	get 0.0021% / 4h	2m 18s	$525K	$324K	30x
Short	BloFin CL-USDT	93.100	0.0171	get 0.0085% / 4h	2m 18s	$4.0M	$1.0M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin 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 BloFinbpOrdersPrice spread, now −0.168%Rate

Funding earned: $44.67
Price spread: −0.168% → 0.000%: −$16.82
Slippage, 4 orders: −$19.86
Fee edgeX: 4.5 bp × 2 orders: −$9
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$13
Costs to cover: 0.409%
Break-even: 9.0 days

Slippage from edgeX: live order book, 36 min ago; BloFin: live order book, 6 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, 36 min ago	9.39 bp	13.9 bp −$14	14.8 bp −$148	22.6 bp −$2,256	doesn't fit
Sell BloFin live order book, 6 min ago	0.54 bp	6.5 bp −$7	6.5 bp −$65	10.0 bp −$1,002	28.7 bp −$14.3K

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	93.070	−0.200%	$188K	$405K	15x	as long as short
Aster CLUSD1	−0.0250%	4h	93.172	−0.090%	$24.8M	$62.3M	20x	as long as short
GRVT CL_USDT_Perp	−0.0218%	4h	93.231	−0.028%	$75K	$634K	25x	as long as short
Kraken Futures PF_WTIOILUSD	−0.0210%	1h	93.121	−0.146%	$273K	$928K	25x	as long as short
Gate CL_USDT	−0.0139%	8h	93.020	−0.254%	$23.2M	$50.8M	100x	as long as short
Binance CLUSDT	−0.0139%	4h	93.146	−0.119%	$246.6M	$925.9M	100x	as long as short
Variational Omni CL	−0.0130%	4h	93.192	−0.069%	$13.6M	$10.8M	—	as long as short
Nado WTI-PERP	−0.0108%	1h	93.143	−0.121%	$953K	$613K	10x	as long as short
Bitget CLUSDT	−0.0098%	4h	93.133	−0.132%	$42.2M	$41.5M	100x	as long as short
Aftermath Perps WTIUSD	−0.0083%	1h	93.137	−0.128%	$1K	$26K	5x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
OKX CL-USDT-SWAP	−0.0065%	4h	93.130	−0.136%	$42.6M	$103.3M	50x	as long as short
edgeX CLUSDClong	−0.0042%	4h	93.256	long leg	$525K	$324K	30x
QFEX CL-USD	−0.0038%	1h	93.110	−0.157%	$2.3M	$2.4M	10x	as long as short
Coinbase International WTIOIL-PERP-INTX	−0.0016%	1h	93.100	−0.168%	$403K	$806K	15x	as long as short
tradeXYZ xyz:CL	−0.0015%	1h	93.105	−0.162%	$184.5M	$196.7M	20x	as long as short
Lighter WTI	−0.0008%	1h	93.126	−0.140%	$11.2M	$9.2M	20x	as long as short
Ondo Perps WTI-USD.P	−0.0002%	1h	93.080	−0.189%	$3.6M	$5.3M	20x	as long as short
dYdX WTI-USD	0.0000%	1h	93.133	−0.132%	$8K	$3K	5x	as long as short
Bybit CLUSDT	0.0000%	8h	93.150	−0.114%	$27.1M	$79.9M	150x	as long as short
RISEx CL/USDC	0.0000%	1h	93.133	−0.133%	$3.0M	$2.8M	20x	as long as short
Phoenix WTIOIL	0.0000%	1h	93.140	−0.125%	$37K	$40K	20x	as long as short
Bullet WTIOIL-USD	0.0000%	1h	93.086	−0.183%	$18K	$240K	10x	as long as short
gTrade (Gains Network) WTI/USD	L 0.0000% / S +0.0036%	1h	92.704	−0.592%	$5K	—	150x	as long as short
Paradex CL-USD-PERP	+0.0012%	8h	93.087	−0.182%	$16K	$367	5x	as long as short
Extended WTI-USD	+0.0032%	1h	93.120	−0.146%	$1.7M	$14.9M	10x	as long as short
StandX CL-USD	+0.0040%	1h	93.130	−0.136%	$734K	$2.8M	40x	as long as short
Vest CL-PERP	+0.0046%	1h	93.090	−0.178%	—	$313K	10x	as long as short
Polymarket Perps WTIOIL-USD	+0.0050%	1h	93.096	−0.172%	$1.6M	$1.3M	20x	as long as short
SoDEX CL-USD	+0.0050%	1h	93.120	−0.146%	$2.1M	$62K	20x	as long as short
Pacifica CL	+0.0100%	1h	93.105	−0.162%	$347K	$589K	10x	as long as short
KuCoin CLUSDTM	+0.0100%	4h	93.160	−0.103%	$7.1M	$2.4M	50x	as long as short
ApeX Omni CLUSDT	+0.0100%	1h	93.290	+0.036%	$54K	$266K	50x	as long as short
Aevo WTIOIL-PERP	+0.0104%	1h	93.080	−0.190%	$4K	—	10x	as long as short
BloFin CL-USDTshort	+0.0171%	4h	93.100	−0.168%	$4.0M	$1.0M	50x
Injective WTI/USDC PERP	+0.0220%	1h	102.13	+9.520%	$19K	$11K	30x	as long as short
GMX WTIOIL/USD [ETH-USDC]	L +0.0261% / S −0.0179%	1h	93.135	−0.130%	$90K	—	111x	as long as short