CL

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC+0.0243%/8h= +26.7% APRnext payment +$0.30 per $10,000 · paid last 24h +0.049%

Price spread now: Injective against QFEX+9.711%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on QFEX Short on Injective

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

Both sides work for this trade now. Funding pays +$7 a day on $10k at the current rate, and Injective is 9.711% dearer against QFEX than usual: you sell high and buy low: +$971 more if the spread goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	QFEX CL-USD	93.650	−0.0023	get 0.0003% / 1h	43m 43s	$2.3M	$2.5M	10x
Short	Injective WTI/USDC PERP	102.74	0.0220	get 0.0028% / 1h	43m 43s	$19K	$11K	30x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Injective against QFEX. 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 QFEXbpFee InjectivebpOrdersPrice spread, now +9.711%Rate

Funding earned: $51.12
Price spread: +9.711% → 0.000%: $971.06
Slippage, 4 orders: no order book: not counted
Fee QFEX: 5 bp × 2 orders: −$10
Fee Injective: 0.01 bp × 2 orders: −$0.02
Net: $1,012.16
Costs to cover: 0.100%
Break-even: from the start

Slippage unknown: QFEX: live order book, 4 min ago; Injective: no order-book sample. Net counts fees only.

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 QFEX live order book, 4 min ago	2.14 bp	8.7 bp −$9	9.2 bp −$92	10.6 bp −$1,062	doesn't fit
Sell Injective no order-book sample	—	—	—	—	—

Injective: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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	−0.0497%	1h	93.620	−0.032%	$197K	$381K	15x	as long as short
Aster CLUSD1	−0.0260%	4h	93.688	+0.041%	$24.5M	$65.3M	20x	as long as short
GRVT CL_USDT_Perp	−0.0244%	4h	93.633	−0.018%	$58K	$629K	25x	as long as short
Binance CLUSDT	−0.0146%	4h	93.653	+0.003%	$246.4M	$925.8M	100x	as long as short
Aftermath Perps WTIUSD	−0.0138%	1h	93.649	−0.001%	$2K	$26K	5x	as long as short
Kraken Futures PF_WTIOILUSD	−0.0137%	1h	93.672	+0.024%	$286K	$958K	25x	as long as short
Variational Omni CL	−0.0135%	4h	93.599	−0.055%	$13.5M	$10.7M	—	as long as short
Bitget CLUSDT	−0.0102%	4h	93.640	−0.011%	$42.2M	$42.4M	100x	as long as short
Gate CL_USDT	−0.0095%	8h	93.570	−0.085%	$22.3M	$48.6M	100x	as long as short
edgeX CLUSDC	−0.0076%	4h	93.641	−0.009%	$526K	$306K	30x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Ondo Perps WTI-USD.P	−0.0068%	1h	93.630	−0.021%	$3.5M	$5.4M	20x	as long as short
tradeXYZ xyz:CL	−0.0053%	1h	93.644	−0.006%	$185.0M	$210.9M	20x	as long as short
Nado WTI-PERP	−0.0030%	1h	93.726	+0.082%	$966K	$627K	10x	as long as short
QFEX CL-USDlong	−0.0023%	1h	93.650	long leg	$2.3M	$2.5M	10x
OKX CL-USDT-SWAP	−0.0014%	4h	93.660	+0.011%	$42.7M	$102.0M	50x	as long as short
Coinbase International WTIOIL-PERP-INTX	−0.0008%	1h	93.500	−0.160%	$404K	$931K	15x	as long as short
dYdX WTI-USD	0.0000%	1h	93.651	+0.001%	$8K	$3K	5x	as long as short
Bybit CLUSDT	0.0000%	8h	93.668	+0.019%	$27.3M	$79.2M	150x	as long as short
RISEx CL/USDC	0.0000%	1h	93.710	+0.064%	$3.1M	$2.8M	20x	as long as short
Phoenix WTIOIL	0.0000%	1h	93.640	−0.011%	$37K	$39K	20x	as long as short
Bullet WTIOIL-USD	0.0000%	1h	93.668	+0.019%	$18K	$240K	10x	as long as short
gTrade (Gains Network) WTI/USD	L 0.0000% / S +0.0036%	1h	93.207	−0.473%	$5K	—	150x	as long as short
Paradex CL-USD-PERP	+0.0030%	8h	93.672	+0.024%	$16K	$367	5x	as long as short
Lighter WTI	+0.0032%	1h	93.646	−0.004%	$11.3M	$9.6M	20x	as long as short
Extended WTI-USD	+0.0032%	1h	93.690	+0.043%	$2.0M	$16.2M	10x	as long as short
StandX CL-USD	+0.0040%	1h	93.660	+0.011%	$742K	$2.8M	40x	as long as short
Vest CL-PERP	+0.0046%	1h	93.670	+0.021%	—	$313K	10x	as long as short
Polymarket Perps WTIOIL-USD	+0.0050%	1h	93.651	+0.001%	$1.7M	$1.3M	20x	as long as short
SoDEX CL-USD	+0.0050%	1h	93.648	−0.002%	$2.1M	$60K	20x	as long as short
Pacifica CL	+0.0100%	1h	93.691	+0.043%	$333K	$576K	10x	as long as short
KuCoin CLUSDTM	+0.0100%	4h	93.664	+0.015%	$7.1M	$2.4M	50x	as long as short
ApeX Omni CLUSDT	+0.0100%	1h	93.690	+0.043%	$54K	$266K	50x	as long as short
Aevo WTIOIL-PERP	+0.0104%	1h	93.628	−0.023%	$4K	—	10x	as long as short
Injective WTI/USDC PERPshort	+0.0220%	1h	102.74	+9.711%	$19K	$11K	30x
BloFin CL-USDT	+0.0223%	4h	93.690	+0.043%	$4.0M	$981K	50x	as long as short
GMX WTIOIL/USD [ETH-USDC]	L +0.0245% / S −0.0179%	1h	93.655	+0.005%	$84K	—	111x	as long as short