CL

Alert

Funding spread now, next payment 16:00 UTC+0.0186%/8h

paid, last 24h+0.050%paid, last 7 days+0.044%to open and close $10k−$35

The current rate is far above what this pair has been paying: over the last 7 days it paid 0.044% in total (about 2.3% 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	Gate CL_USDT	93.250	−0.0218	get 0.0218% / 8h	3h 32m	$21.7M	$54.0M	100x
Short	Bitget CLUSDT	93.316	−0.0032	pay 0.0016% / 4h	3h 32m	$44.0M	$52.4M	100x

Funding history

latest

Range statsloading…

Funding on every exchange

click an exchange to add or hide it

latest

Profit calculator

Position, each leg$Hold fordaysFee GatebpFee BitgetbpOrdersRate

Funding earned: $39.06
Slippage, 4 orders: −$8.12
Fee Gate: 7.5 bp × 2 orders: −$15
Fee Bitget: 6 bp × 2 orders: −$12
Net: $3.94
Break-even: 6.3 days

Slippage from Gate: live order book, 3 min ago; Bitget: live order book, 3 min ago.

Price risk

price view

Price gap now: +0.071%
Avg gap 7d: +0.086%

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 Gate live order book, 3 min ago	0.54 bp	10.0 bp −$10	14.3 bp −$143	28.0 bp −$2,800	39.2 bp −$19.6K
Sell Bitget live order book, 3 min ago	0.43 bp	7.7 bp −$8	9.7 bp −$97	doesn't fit	doesn't fit

CL on 35 venues

lowest funding first. Swap a leg.

Exchange	Funding /8h	Every	OI	Vol 24h	Max lev
Gate CL_USDTlong	−0.0218%	8h	$21.7M	$54.0M	100x
Kraken Futures PF_WTIOILUSD	−0.0202%	1h	$343K	$889K	25x	as long as short
Aftermath Perps WTIUSD	−0.0152%	1h	$2K	$38K	5x	as long as short
Nado WTI-PERP	−0.0126%	1h	$871K	$600K	10x	as long as short
Aster CLUSD1	−0.0105%	4h	$25.0M	$57.2M	20x	as long as short
tradeXYZ xyz:CL	−0.0074%	1h	$190.3M	$213.6M	20x	as long as short
Deribit WTIOIL_USDC-PERPETUAL	−0.0071%	1h	$99K	$414K	15x	as long as short
Pacifica CL	−0.0061%	1h	$342K	$265K	10x	as long as short
Binance CLUSDT	−0.0039%	4h	$266.9M	$738.5M	100x	as long as short
Ondo Perps WTI-USD.P	−0.0035%	1h	$3.4M	$4.4M	20x	as long as short

Show all 35 venues

Exchange	Funding /8h	Every	OI	Vol 24h	Max lev
Bitget CLUSDTshort	−0.0032%	4h	$44.0M	$52.4M	100x
edgeX CLUSDC	−0.0027%	4h	$536K	$321K	30x	as long as short
QFEX CL-USD	−0.0027%	1h	$2.3M	$2.5M	10x	as long as short
Variational Omni CL	−0.0025%	4h	$13.7M	$16.3M	—	as long as short
Phoenix WTIOIL	−0.0017%	1h	$31K	$253K	20x	as long as short
Coinbase International WTIOIL-PERP-INTX	−0.0008%	1h	$405K	$769K	15x	as long as short
OKX CL-USDT-SWAP	−0.0001%	4h	$45.5M	$83.3M	50x	as long as short
dYdX WTI-USD	0.0000%	1h	$6K	$126	5x	as long as short
Bybit CLUSDT	0.0000%	8h	$24.5M	$71.5M	150x	as long as short
RISEx CL/USDC	0.0000%	1h	$3.1M	$739K	20x	as long as short
Bullet WTIOIL-USD	0.0000%	1h	$19K	$243K	10x	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	+0.0002%	8h	$15K	—	5x	as long as short
Lighter WTI	+0.0016%	1h	$11.2M	$11.4M	20x	as long as short
Extended WTI-USD	+0.0032%	1h	$2.0M	$29.7M	10x	as long as short
Injective WTI/USDC PERP	+0.0033%	1h	$18K	$31K	30x	as long as short
StandX CL-USD	+0.0040%	1h	$803K	$1.2M	40x	as long as short
Vest CL-PERP	+0.0046%	1h	—	$250	10x	as long as short
Polymarket Perps WTIOIL-USD	+0.0050%	1h	$1.7M	$1.5M	20x	as long as short
SoDEX CL-USD	+0.0050%	1h	$2.1M	$23K	20x	as long as short
KuCoin CLUSDTM	+0.0100%	4h	$7.6M	$740K	50x	as long as short
ApeX Omni CLUSDT	+0.0100%	1h	$56K	$273K	50x	as long as short
Aevo WTIOIL-PERP	+0.0104%	1h	$4K	$49	10x	as long as short
GMX WTIOIL/USD [ETH-USDC]	L +0.0239% / S −0.0173%	1h	$90K	—	111x	as long as short
BloFin CL-USDT	+0.0240%	4h	$4.4M	$1.1M	50x	as long as short