data as of
Settings8H · net · $10k
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Funding arb /

CL

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Checked every minute; it has to hold two checks in a row. Delivery to Telegram comes later, so for now alerts appear on the alerts page.

Funding spread now, next payment 14:00 UTC−0.0024%/8h
next payment, per $10,000−$0.03paid, last 24h−0.005%paid, last 3 days+0.131%to open and close $10k−$36
Long on PhoenixShort on QFEX
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPhoenix WTIOIL91.8600.0009pay 0.0001% / 1h26m 56s$30K$256K20x
ShortQFEX CL-USD91.890−0.0015pay 0.0002% / 1h26m 56s$2.3M$2.7M10x

Funding history

latest
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Funding on every exchange

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latest

Profit calculator

Funding earned
−$5.06
Slippage, 4 orders
−$19.28
Fee Phoenix: 3.5 bp × 2 orders
−$7
Fee QFEX: 5 bp × 2 orders
−$10
Net
−$41.33
Break-even
never at this rate
Slippage from Phoenix: live order book, 58 min ago; QFEX: live order book, 3 min ago.

Price risk

price view
Price gap now
+0.033%
Avg gap 7d
−0.048%
A gap far from its average can cost days of funding.

Backtest

opened in the past, held until now, after costs
Backtest 7 daysBacktest 30 daysBacktest 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
LegHalf-spread$10k$100k$1M$5M
Buy Phoenix live order book, 58 min ago3.23 bp10.9 bp −$1121.9 bp −$219doesn't fitdoesn't fit
Sell QFEX live order book, 3 min ago2.18 bp7.2 bp −$77.2 bp −$728.3 bp −$832doesn't fit

CL on 35 venues

lowest funding first. Swap a leg.
ExchangeFunding /8hEveryOIVol 24hMax lev
Gate CL_USDT−0.0139%8h$21.3M$56.2M100xas long as short
Aftermath Perps WTIUSD−0.0088%1h$1K$37K5xas long as short
edgeX CLUSDC−0.0064%4h$525K$322K30xas long as short
Nado WTI-PERP−0.0059%1h$816K$706K10xas long as short
Aster CLUSD1−0.0021%4h$24.7M$60.1M20xas long as short
QFEX CL-USDshort−0.0015%1h$2.3M$2.7M10x
dYdX WTI-USD0.0000%1h$5K$1265xas long as short
Binance CLUSDT0.0000%4h$253.2M$871.8M100xas long as short
Bybit CLUSDT0.0000%8h$23.9M$80.8M150xas long as short
OKX CL-USDT-SWAP0.0000%4h$44.6M$94.9M50xas long as short
Show all 35 venues
ExchangeFunding /8hEveryOIVol 24hMax lev
RISEx CL/USDC0.0000%1h$3.0M$1.3M20xas long as short
Bitget CLUSDT0.0000%4h$42.7M$56.2M100xas long as short
Variational Omni CL0.0000%4h$12.4M$16.9M—as long as short
Bullet WTIOIL-USD0.0000%1h$18K$248K10xas long as short
Deribit WTIOIL_USDC-PERPETUAL0.0000%1h$96K$457K15xas long as short
gTrade (Gains Network) WTI/USDL 0.0000% / S +0.0036%1h$4K—150xas long as short
Phoenix WTIOILlong+0.0009%1h$30K$256K20x
tradeXYZ xyz:CL+0.0009%1h$182.8M$239.3M20xas long as short
Coinbase International WTIOIL-PERP-INTX+0.0024%1h$379K$940K15xas long as short
Lighter WTI+0.0032%1h$11.0M$11.7M20xas long as short
Extended WTI-USD+0.0032%1h$1.9M$30.3M10xas long as short
Injective WTI/USDC PERP+0.0033%1h$18K$32K30xas long as short
Paradex CL-USD-PERP+0.0040%8h$15K—5xas long as short
StandX CL-USD+0.0040%1h$727K$1.6M40xas long as short
Vest CL-PERP+0.0046%1h—$86K10xas long as short
Polymarket Perps WTIOIL-USD+0.0050%1h$1.7M$1.5M20xas long as short
SoDEX CL-USD+0.0050%1h$2.0M$28K20xas long as short
Ondo Perps WTI-USD.P+0.0050%1h$3.4M$4.9M20xas long as short
Kraken Futures PF_WTIOILUSD+0.0058%1h$361K$1.0M25xas long as short
Pacifica CL+0.0100%1h$343K$310K10xas long as short
KuCoin CLUSDTM+0.0100%4h$7.4M$804K50xas long as short
ApeX Omni CLUSDT+0.0100%1h$55K$271K50xas long as short
Aevo WTIOIL-PERP+0.0104%1h$4K$4910xas long as short
GMX WTIOIL/USD [ETH-USDC]L +0.0136% / S +0.0043%1h$77K—111xas long as short
BloFin CL-USDT+0.0240%4h$4.3M$1.4M50xas long as short