CL

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC+0.0032%/8h= +3.5% APRnext payment +$0.04 per $10,000 · paid last 24h +0.024%

Price spread now: RISEx against QFEX+0.052%7-day average +0.064% · you sell dearer than you buy

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$22as in the Price arb table

costs, in and out, $10k−$210.212% of the position

Long on QFEX Short on RISEx

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)+0.161%+$16 on $10k

Price spread, last 7 days−0.017%−$2 · spread now +0.052%, 7d avg +0.064%

Together, before fees+0.144%+$14 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.064%, so right now this pair is about funding alone: +$1 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	QFEX CL-USD	93.400	−0.0032	get 0.0004% / 1h	9m 12s	$2.3M	$2.5M	10x
Short	RISEx CL/USDC	93.448	0	get 0.0000% / 1h	9m 12s	$3.1M	$2.9M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

RISEx 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 RISExbpOrdersPrice spread, now +0.052%Rate

Funding earned: $6.79
Price spread: +0.052% → +0.064%: −$1.24
Slippage, 4 orders: −$5.24
Fee QFEX: 5 bp × 2 orders: −$10
Fee RISEx: 3 bp × 2 orders: −$6
Net: −$15.7
Costs to cover: 0.212%
Break-even: 23.2 days

Slippage from QFEX: live order book, 3 min ago; RISEx: live order book, 5 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 QFEX live order book, 3 min ago	2.14 bp	7.1 bp −$7	7.1 bp −$71	8.5 bp −$855	doesn't fit
Sell RISEx live order book, 5 min ago	0.48 bp	3.5 bp −$3	4.6 bp −$46	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	−0.0285%	1h	93.420	+0.021%	$196K	$377K	15x	as long as short
GRVT CL_USDT_Perp	−0.0280%	4h	93.511	+0.119%	$58K	$629K	25x	as long as short
Aster CLUSD1	−0.0280%	4h	93.455	+0.059%	$24.4M	$64.6M	20x	as long as short
Kraken Futures PF_WTIOILUSD	−0.0204%	1h	93.433	+0.035%	$285K	$959K	25x	as long as short
Binance CLUSDT	−0.0174%	4h	93.422	+0.023%	$245.9M	$931.8M	100x	as long as short
Variational Omni CL	−0.0165%	4h	93.509	+0.116%	$13.4M	$10.9M	—	as long as short
Aftermath Perps WTIUSD	−0.0155%	1h	93.474	+0.080%	$2K	$26K	5x	as long as short
Bitget CLUSDT	−0.0122%	4h	93.417	+0.018%	$42.1M	$42.7M	100x	as long as short
Nado WTI-PERP	−0.0115%	1h	93.430	+0.032%	$972K	$631K	10x	as long as short
Ondo Perps WTI-USD.P	−0.0076%	1h	93.350	−0.054%	$3.5M	$5.4M	20x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Gate CL_USDT	−0.0076%	8h	93.360	−0.043%	$22.0M	$50.2M	100x	as long as short
tradeXYZ xyz:CL	−0.0074%	1h	93.416	+0.017%	$184.8M	$212.2M	20x	as long as short
Coinbase International WTIOIL-PERP-INTX	−0.0040%	1h	93.500	+0.107%	$404K	$931K	15x	as long as short
OKX CL-USDT-SWAP	−0.0038%	4h	93.430	+0.032%	$42.7M	$102.4M	50x	as long as short
QFEX CL-USDlong	−0.0032%	1h	93.400	long leg	$2.3M	$2.5M	10x
edgeX CLUSDC	−0.0020%	4h	93.498	+0.105%	$526K	$305K	30x	as long as short
dYdX WTI-USD	0.0000%	1h	93.405	+0.006%	$8K	$3K	5x	as long as short
Bybit CLUSDT	0.0000%	8h	93.442	+0.045%	$27.0M	$79.6M	150x	as long as short
RISEx CL/USDCshort	0.0000%	1h	93.448	+0.052%	$3.1M	$2.9M	20x
Phoenix WTIOIL	0.0000%	1h	93.540	+0.150%	$38K	$41K	20x	as long as short
Bullet WTIOIL-USD	0.0000%	1h	93.430	+0.032%	$19K	$240K	10x	as long as short
gTrade (Gains Network) WTI/USD	L 0.0000% / S +0.0036%	1h	92.990	−0.439%	$5K	—	150x	as long as short
Paradex CL-USD-PERP	+0.0019%	8h	93.373	−0.028%	$16K	$367	5x	as long as short
Lighter WTI	+0.0024%	1h	93.431	+0.033%	$11.2M	$9.9M	20x	as long as short
Extended WTI-USD	+0.0032%	1h	93.460	+0.064%	$2.0M	$16.8M	10x	as long as short
StandX CL-USD	+0.0040%	1h	93.450	+0.054%	$740K	$2.8M	40x	as long as short
Vest CL-PERP	+0.0046%	1h	93.430	+0.032%	—	$313K	10x	as long as short
Pacifica CL	+0.0047%	1h	93.400	0.000%	$332K	$577K	10x	as long as short
Polymarket Perps WTIOIL-USD	+0.0050%	1h	93.395	−0.005%	$1.7M	$1.3M	20x	as long as short
SoDEX CL-USD	+0.0050%	1h	93.440	+0.043%	$2.1M	$60K	20x	as long as short
KuCoin CLUSDTM	+0.0094%	4h	93.458	+0.062%	$7.1M	$2.4M	50x	as long as short
ApeX Omni CLUSDT	+0.0100%	1h	93.580	+0.193%	$54K	$266K	50x	as long as short
Aevo WTIOIL-PERP	+0.0104%	1h	93.414	+0.015%	$4K	—	10x	as long as short
BloFin CL-USDT	+0.0199%	4h	93.420	+0.021%	$4.0M	$989K	50x	as long as short
Injective WTI/USDC PERP	+0.0220%	1h	102.64	+9.898%	$19K	$11K	30x	as long as short
GMX WTIOIL/USD [ETH-USDC]	L +0.0240% / S −0.0173%	1h	93.435	+0.037%	$84K	—	111x	as long as short