CL

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0028%/8h= +3.1% APRnext payment +$0.14 per $10,000 · paid last 24h +0.006%

Price spread now: edgeX against OKX−0.053%101s7-day average −0.008% · you buy dearer than you sell

Net, funding: paid 7d − costs−$53as 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−$410.406% of the position

Long on OKX Short on edgeX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.128%−$13 on $10k

Price spread, last 4 days (all we have)+0.029%+$3 · spread now −0.053%, 7d avg −0.008%

Together, before fees−0.099%+ Points / potential airdropedgeX: Active · farm board−$10 on $10k · with fees, hour by hour

Funding pays, the price is against you. edgeX is 0.045% cheaper against OKX than usual: you would sell low and buy high (spread −0.053% now, against its 7-day average of −0.008%). If the spread goes back, that is −$4 on $10k: about 5.3 days of funding at the current rate (+$1 a day). Mind the row above: over the last 7 days funding on this pair cost −0.128%, so the current rate has only just turned in your favour. The two prices were read 101 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	OKX CL-USDT-SWAP	92.770	−0.0010	get 0.0005% / 4h	2h 36m	$42.8M	$106.1M	50x
Short	edgeX CLUSDC	92.721	0.0018	get 0.0009% / 4h	2h 36m	$533K	$297K	30x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

edgeX against OKX. 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 OKXbpFee edgeXbpOrdersPrice spread, now −0.053%Rate

Funding earned: $5.88
Price spread: −0.053% → −0.008%: −$4.46
Slippage, 4 orders: −$21.57
Fee OKX: 5 bp × 2 orders: −$10
Fee edgeX: 4.5 bp × 2 orders: −$9
Net: −$39.14
Costs to cover: 0.406%
Break-even: 53.6 days

Slippage from OKX: live order book, 3 min ago; edgeX: live order book, 33 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 OKX live order book, 3 min ago	0.54 bp	5.8 bp −$6	7.1 bp −$71	13.5 bp −$1,345	doesn't fit
Sell edgeX live order book, 33 min ago	10.10 bp	14.6 bp −$15	15.0 bp −$150	22.9 bp −$2,289	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	−0.0612%	1h	92.740	−0.032%	$198K	$366K	15x	as long as short
Aster CLUSD1	−0.0330%	4h	92.780	+0.011%	$23.9M	$74.5M	20x	as long as short
GRVT CL_USDT_Perp	−0.0296%	4h	92.686	−0.091%	$50K	$633K	25x	as long as short
Binance CLUSDT	−0.0272%	4h	92.770	0.000%	$244.3M	$991.7M	100x	as long as short
Variational Omni CL	−0.0265%	4h	92.761	−0.010%	$13.3M	$11.1M	—	as long as short
Gate CL_USDT	−0.0154%	8h	92.720	−0.054%	$20.9M	$53.1M	100x	as long as short
tradeXYZ xyz:CL	−0.0067%	1h	92.777	+0.008%	$185.1M	$221.7M	20x	as long as short
Ondo Perps WTI-USD.P	−0.0065%	1h	92.710	−0.065%	$3.5M	$5.7M	20x	as long as short
Coinbase International WTIOIL-PERP-INTX	−0.0048%	1h	92.030	−0.798%	$399K	$939K	15x	as long as short
Kraken Futures PF_WTIOILUSD	−0.0038%	1h	92.800	+0.033%	$275K	$870K	25x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Nado WTI-PERP	−0.0036%	1h	92.809	+0.042%	$936K	$677K	10x	as long as short
QFEX CL-USD	−0.0033%	1h	92.740	−0.032%	$2.5M	$1.7M	10x	as long as short
OKX CL-USDT-SWAPlong	−0.0010%	4h	92.770	long leg	$42.8M	$106.1M	50x
dYdX WTI-USD	0.0000%	1h	92.754	−0.018%	$8K	$3K	5x	as long as short
Bybit CLUSDT	0.0000%	8h	92.780	+0.011%	$26.3M	$82.9M	150x	as long as short
Bitget CLUSDT	0.0000%	4h	92.751	−0.020%	$41.9M	$45.8M	100x	as long as short
Phoenix WTIOIL	0.0000%	1h	92.790	+0.022%	$37K	$51K	20x	as long as short
Bullet WTIOIL-USD	0.0000%	1h	92.768	−0.002%	$17K	$240K	10x	as long as short
gTrade (Gains Network) WTI/USD	L 0.0000% / S +0.0036%	1h	92.338	−0.466%	$5K	—	150x	as long as short
edgeX CLUSDCshort	+0.0018%	4h	92.721	−0.053%	$533K	$297K	30x
Paradex CL-USD-PERP	+0.0023%	8h	92.740	−0.033%	$16K	$367	5x	as long as short
Extended WTI-USD	+0.0024%	1h	92.810	+0.043%	$2.1M	$25.0M	10x	as long as short
Lighter WTI	+0.0032%	1h	92.787	+0.018%	$11.2M	$10.2M	20x	as long as short
RISEx CL/USDC	+0.0037%	1h	92.883	+0.122%	$3.3M	$2.7M	20x	as long as short
Aftermath Perps WTIUSD	+0.0038%	1h	92.757	−0.014%	$2K	$28K	5x	as long as short
StandX CL-USD	+0.0040%	1h	92.380	−0.420%	$726K	$3.0M	40x	as long as short
Vest CL-PERP	+0.0046%	1h	92.790	+0.022%	—	$310K	10x	as long as short
Polymarket Perps WTIOIL-USD	+0.0050%	1h	92.775	+0.005%	$1.6M	$1.3M	20x	as long as short
SoDEX CL-USD	+0.0050%	1h	92.779	+0.010%	$2.1M	$61K	20x	as long as short
KuCoin CLUSDTM	+0.0068%	4h	92.800	+0.032%	$7.2M	$2.3M	50x	as long as short
Pacifica CL	+0.0100%	1h	92.761	−0.010%	$331K	$616K	10x	as long as short
ApeX Omni CLUSDT	+0.0100%	1h	92.760	−0.011%	$56K	$265K	50x	as long as short
Aevo WTIOIL-PERP	+0.0104%	1h	92.744	−0.028%	$4K	—	10x	as long as short
GMX WTIOIL/USD [ETH-USDC]	L +0.0207% / S −0.0131%	1h	92.765	−0.005%	$78K	—	111x	as long as short
Injective WTI/USDC PERP	+0.0220%	1h	101.83	+9.769%	$19K	$11K	30x	as long as short
BloFin CL-USDT	+0.0228%	4h	92.730	−0.043%	$4.0M	$1.2M	50x	as long as short