CL

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0101%/8h= +11.1% APRnext payment +$0.51 per $10,000 · paid last 24h +0.030%

Price spread now: KuCoin against edgeX+0.060%68s7-day average +0.020% · you sell dearer than you buy

Net, funding: paid 7d − costs−$15as 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−$480.485% of the position

Long on edgeX Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.338%+$34 on $10k

Price spread, last 4 days (all we have)−0.047%−$5 · spread now +0.060%, 7d avg +0.020%

Together, before fees+0.291%+ Points / potential airdropedgeX: Active · farm board+$29 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and KuCoin is 0.040% dearer against edgeX than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of +0.020%. The two prices were read 68 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	93.332	−0.0079	get 0.0040% / 4h	3h 04m	$525K	$306K	30x
Short	KuCoin CLUSDTM	93.388	0.0022	get 0.0011% / 4h	3h 04m	$7.1M	$2.4M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin 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 KuCoinbpOrdersPrice spread, now +0.060%Rate

Funding earned: $21.29
Price spread: +0.060% → +0.020%: $3.97
Slippage, 4 orders: −$27.5
Fee edgeX: 4.5 bp × 2 orders: −$9
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$23.24
Costs to cover: 0.485%
Break-even: 14.6 days

Slippage from edgeX: live order book, 49 min ago; KuCoin: live order book, 9 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, 49 min ago	10.27 bp	14.8 bp −$15	15.2 bp −$152	21.4 bp −$2,145	doesn't fit
Sell KuCoin live order book, 9 min ago	1.82 bp	9.5 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	−0.0500%	1h	93.320	−0.013%	$198K	$371K	15x	as long as short
GRVT CL_USDT_Perp	−0.0332%	4h	93.337	+0.006%	$58K	$654K	25x	as long as short
Aster CLUSD1	−0.0285%	4h	93.373	+0.044%	$24.3M	$65.8M	20x	as long as short
Binance CLUSDT	−0.0189%	4h	93.360	+0.030%	$246.5M	$939.5M	100x	as long as short
Variational Omni CL	−0.0175%	4h	93.319	−0.014%	$13.3M	$10.9M	—	as long as short
Aftermath Perps WTIUSD	−0.0146%	1h	93.300	−0.034%	$2K	$26K	5x	as long as short
Ondo Perps WTI-USD.P	−0.0129%	1h	93.280	−0.056%	$3.5M	$5.4M	20x	as long as short
Bitget CLUSDT	−0.0128%	4h	93.351	+0.021%	$42.0M	$43.2M	100x	as long as short
Nado WTI-PERP	−0.0107%	1h	93.413	+0.088%	$966K	$628K	10x	as long as short
edgeX CLUSDClong	−0.0079%	4h	93.332	long leg	$525K	$306K	30x

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Gate CL_USDT	−0.0070%	8h	93.300	−0.034%	$21.4M	$51.6M	100x	as long as short
OKX CL-USDT-SWAP	−0.0066%	4h	93.360	+0.030%	$42.7M	$103.2M	50x	as long as short
tradeXYZ xyz:CL	−0.0062%	1h	93.357	+0.027%	$184.7M	$217.1M	20x	as long as short
Kraken Futures PF_WTIOILUSD	−0.0061%	1h	93.371	+0.042%	$282K	$961K	25x	as long as short
Coinbase International WTIOIL-PERP-INTX	−0.0040%	1h	93.160	−0.184%	$403K	$929K	15x	as long as short
QFEX CL-USD	−0.0033%	1h	93.340	+0.009%	$2.3M	$2.0M	10x	as long as short
Paradex CL-USD-PERP	−0.0019%	8h	93.346	+0.015%	$16K	$367	5x	as long as short
Phoenix WTIOIL	−0.0009%	1h	93.370	+0.041%	$37K	$41K	20x	as long as short
Lighter WTI	0.0000%	1h	93.352	+0.022%	$11.2M	$10.4M	20x	as long as short
dYdX WTI-USD	0.0000%	1h	93.329	−0.002%	$8K	$3K	5x	as long as short
Bybit CLUSDT	0.0000%	8h	93.374	+0.045%	$26.9M	$80.0M	150x	as long as short
RISEx CL/USDC	0.0000%	1h	93.408	+0.082%	$3.1M	$2.9M	20x	as long as short
Bullet WTIOIL-USD	0.0000%	1h	93.358	+0.028%	$19K	$241K	10x	as long as short
gTrade (Gains Network) WTI/USD	L 0.0000% / S +0.0036%	1h	92.915	−0.447%	$5K	—	150x	as long as short
Extended WTI-USD	+0.0016%	1h	93.400	+0.073%	$2.0M	$18.3M	10x	as long as short
KuCoin CLUSDTMshort	+0.0022%	4h	93.388	+0.060%	$7.1M	$2.4M	50x
StandX CL-USD	+0.0040%	1h	93.150	−0.195%	$736K	$2.9M	40x	as long as short
Vest CL-PERP	+0.0046%	1h	93.370	+0.041%	—	$313K	10x	as long as short
Polymarket Perps WTIOIL-USD	+0.0050%	1h	93.356	+0.026%	$1.7M	$1.3M	20x	as long as short
SoDEX CL-USD	+0.0050%	1h	93.350	+0.019%	$2.1M	$60K	20x	as long as short
Pacifica CL	+0.0100%	1h	93.355	+0.025%	$331K	$579K	10x	as long as short
ApeX Omni CLUSDT	+0.0100%	1h	93.320	−0.013%	$54K	$267K	50x	as long as short
Aevo WTIOIL-PERP	+0.0104%	1h	93.328	−0.004%	$4K	—	10x	as long as short
BloFin CL-USDT	+0.0175%	4h	93.350	+0.019%	$4.0M	$990K	50x	as long as short
Injective WTI/USDC PERP	+0.0220%	1h	102.37	+9.685%	$19K	$11K	30x	as long as short
GMX WTIOIL/USD [ETH-USDC]	L +0.0225% / S −0.0153%	1h	93.355	+0.025%	$81K	—	111x	as long as short