CL

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC+0.0080%/8h= +8.7% APRnext payment +$0.10 per $10,000 · paid last 24h +0.014%

Price spread now: StandX against QFEX−0.184%7-day average −0.007% · you buy dearer than you sell

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

Net, price: spread back to 7d avg − costs−$69as in the Price arb table

costs, in and out, $10k−$520.516% of the position

Long on QFEX Short on StandX

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.036%+$4 on $10k

Price spread, last 7 days+0.182%+$18 · spread now −0.184%, 7d avg −0.007%

Together, before fees+0.218%+ Points / potential airdropStandX: Active · farm board+$22 on $10k · with fees, hour by hour

Funding pays, the price is against you. StandX is 0.177% cheaper against QFEX than usual: you would sell low and buy high (spread −0.184% now, against its 7-day average of −0.007%). If the spread goes back, that is −$18 on $10k: about 7.4 days of funding at the current rate (+$2 a day). At the pace of the last 3 days (+0.036% in total) that is about 17 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	QFEX CL-USD	92.570	−0.0040	get 0.0005% / 1h	23m 14s	$2.4M	$2.1M	10x
Short	StandX CL-USD	92.400	0.0040	get 0.0005% / 1h	23m 14s	$723K	$3.1M	40x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

StandX 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 StandXbpOrdersPrice spread, now −0.184%Rate

Funding earned: $16.77
Price spread: −0.184% → −0.007%: −$17.67
Slippage, 4 orders: −$33.59
Fee QFEX: 5 bp × 2 orders: −$10
Fee StandX: 4 bp × 2 orders: −$8
Net: −$52.5
Costs to cover: 0.516%
Break-even: 28.9 days

Slippage from QFEX: live order book, 4 min ago; StandX: live order book, 1 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, 4 min ago	1.62 bp	7.4 bp −$7	7.7 bp −$77	9.3 bp −$931	doesn't fit
Sell StandX live order book, 1 min ago	2.71 bp	6.7 bp −$7	25.6 bp −$256	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	−0.0398%	1h	92.600	+0.032%	$123K	$275K	15x	as long as short
GRVT CL_USDT_Perp	−0.0346%	4h	92.524	−0.050%	$58K	$693K	25x	as long as short
Aster CLUSD1	−0.0333%	4h	92.607	+0.040%	$24.0M	$78.4M	20x	as long as short
Binance CLUSDT	−0.0272%	4h	92.620	+0.054%	$245.3M	$1.06B	100x	as long as short
Variational Omni CL	−0.0265%	4h	92.480	−0.098%	$13.1M	$12.2M	—	as long as short
Gate CL_USDT	−0.0209%	8h	92.540	−0.032%	$21.3M	$55.2M	100x	as long as short
Kraken Futures PF_WTIOILUSD	−0.0120%	1h	92.629	+0.063%	$274K	$1.1M	25x	as long as short
Nado WTI-PERP	−0.0064%	1h	92.638	+0.073%	$933K	$732K	10x	as long as short
Ondo Perps WTI-USD.P	−0.0048%	1h	92.530	−0.043%	$3.5M	$6.1M	20x	as long as short
Coinbase International WTIOIL-PERP-INTX	−0.0040%	1h	92.030	−0.583%	$399K	$959K	15x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
QFEX CL-USDlong	−0.0040%	1h	92.570	long leg	$2.4M	$2.1M	10x
tradeXYZ xyz:CL	−0.0025%	1h	92.619	+0.053%	$186.7M	$235.9M	20x	as long as short
Paradex CL-USD-PERP	−0.0004%	8h	92.567	−0.003%	$15K	$367	5x	as long as short
dYdX WTI-USD	0.0000%	1h	92.582	+0.012%	$8K	$3K	5x	as long as short
Bybit CLUSDT	0.0000%	8h	92.644	+0.080%	$26.4M	$92.1M	150x	as long as short
OKX CL-USDT-SWAP	0.0000%	4h	92.620	+0.054%	$42.9M	$111.4M	50x	as long as short
RISEx CL/USDC	0.0000%	1h	92.712	+0.153%	$3.3M	$2.8M	20x	as long as short
Bitget CLUSDT	0.0000%	4h	92.619	+0.053%	$42.1M	$50.7M	100x	as long as short
Phoenix WTIOIL	0.0000%	1h	92.600	+0.032%	$37K	$66K	20x	as long as short
Bullet WTIOIL-USD	0.0000%	1h	92.600	+0.032%	$19K	$240K	10x	as long as short
gTrade (Gains Network) WTI/USD	L 0.0000% / S +0.0036%	1h	92.173	−0.429%	$5K	—	150x	as long as short
Lighter WTI	+0.0016%	1h	92.628	+0.063%	$11.2M	$10.1M	20x	as long as short
Extended WTI-USD	+0.0032%	1h	92.660	+0.097%	$2.3M	$26.7M	10x	as long as short
StandX CL-USDshort	+0.0040%	1h	92.400	−0.184%	$723K	$3.1M	40x
edgeX CLUSDC	+0.0041%	4h	92.545	−0.027%	$532K	$299K	30x	as long as short
Vest CL-PERP	+0.0046%	1h	92.610	+0.043%	—	$310K	10x	as long as short
Polymarket Perps WTIOIL-USD	+0.0050%	1h	92.593	+0.025%	$1.6M	$1.4M	20x	as long as short
SoDEX CL-USD	+0.0050%	1h	92.618	+0.052%	$2.0M	$39K	20x	as long as short
Pacifica CL	+0.0100%	1h	92.589	+0.020%	$356K	$603K	10x	as long as short
KuCoin CLUSDTM	+0.0100%	4h	92.605	+0.038%	$7.2M	$2.4M	50x	as long as short
ApeX Omni CLUSDT	+0.0100%	1h	92.560	−0.011%	$56K	$265K	50x	as long as short
Aevo WTIOIL-PERP	+0.0104%	1h	92.580	+0.010%	$4K	—	10x	as long as short
GMX WTIOIL/USD [ETH-USDC]	L +0.0206% / S −0.0131%	1h	92.615	+0.049%	$78K	—	111x	as long as short
Aftermath Perps WTIUSD	+0.0217%	1h	92.542	−0.031%	$2K	$28K	5x	as long as short
Injective WTI/USDC PERP	+0.0220%	1h	101.56	+9.707%	$19K	$11K	30x	as long as short
BloFin CL-USDT	+0.0240%	4h	92.510	−0.065%	$4.0M	$1.4M	50x	as long as short