CL

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0405%/8h= +44.3% APRnext payment +$2.02 per $10,000 · paid last 24h +0.032%

Price spread now: edgeX against Aster−0.074%90s7-day average −0.013% · you buy dearer than you sell

Net, funding: paid 7d − costs−$54as 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−$380.383% of the position

Long on Aster Short on edgeX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.153%−$15 on $10k

Price spread, last 3 days (all we have)+0.108%+$11 · spread now −0.074%, 7d avg −0.013%

Together, before fees−0.045%+ Points / potential airdropAster: Stage 5 · edgeX: Active · farm board−$5 on $10k · with fees, hour by hour

Funding pays, the price is against you. edgeX is 0.061% cheaper against Aster than usual: you would sell low and buy high (spread −0.074% now, against its 7-day average of −0.013%). If the spread goes back, that is −$6 on $10k: about 12 hours of funding at the current rate (+$12 a day). Mind the row above: over the last 7 days funding on this pair cost −0.153%, so the current rate has only just turned in your favour. The two prices were read 90 seconds apart, so part of this spread may be the market moving, not a spread.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.153% in total (about -8.0% a year). A funding rate is set anew for every payment; at this rate the next one is about +$2.02 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aster CLUSD1	92.690	−0.0337	get 0.0169% / 4h	3h 04m	$24.0M	$75.1M	20x
Short	edgeX CLUSDC	92.621	0.0067	get 0.0034% / 4h	3h 04m	$533K	$299K	30x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

edgeX against Aster. 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 AsterbpFee edgeXbpOrdersPrice spread, now −0.074%Rate

Funding earned: $84.98
Price spread: −0.074% → −0.013%: −$6.11
Slippage, 4 orders: −$21.27
Fee Aster: 4 bp × 2 orders: −$8
Fee edgeX: 4.5 bp × 2 orders: −$9
Net: $40.59
Costs to cover: 0.383%
Break-even: 3.7 days

Slippage from Aster: live order book, 5 min ago; edgeX: 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 Aster live order book, 5 min ago	0.54 bp	4.5 bp −$5	6.3 bp −$63	doesn't fit	doesn't fit
Sell edgeX live order book, 5 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
GRVT CL_USDT_Perp	−0.0352%	4h	92.655	−0.038%	$58K	$630K	25x	as long as short
Aster CLUSD1long	−0.0337%	4h	92.690	long leg	$24.0M	$75.1M	20x
Binance CLUSDT	−0.0283%	4h	92.683	−0.008%	$244.6M	$1.02B	100x	as long as short
Variational Omni CL	−0.0273%	4h	92.658	−0.035%	$13.3M	$11.5M	—	as long as short
Gate CL_USDT	−0.0190%	8h	92.610	−0.086%	$21.3M	$55.6M	100x	as long as short
Deribit WTIOIL_USDC-PERPETUAL	−0.0181%	1h	92.690	0.000%	$123K	$274K	15x	as long as short
Kraken Futures PF_WTIOILUSD	−0.0120%	1h	92.700	+0.011%	$275K	$912K	25x	as long as short
Ondo Perps WTI-USD.P	−0.0053%	1h	92.650	−0.043%	$3.5M	$5.9M	20x	as long as short
Nado WTI-PERP	−0.0050%	1h	92.729	+0.042%	$935K	$701K	10x	as long as short
Coinbase International WTIOIL-PERP-INTX	−0.0040%	1h	92.030	−0.712%	$399K	$956K	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-USD	−0.0040%	1h	92.660	−0.032%	$2.4M	$1.7M	10x	as long as short
tradeXYZ xyz:CL	−0.0031%	1h	92.688	−0.002%	$185.9M	$233.5M	20x	as long as short
dYdX WTI-USD	0.0000%	1h	92.742	+0.056%	$8K	$3K	5x	as long as short
Bybit CLUSDT	0.0000%	8h	92.687	−0.003%	$26.5M	$88.1M	150x	as long as short
OKX CL-USDT-SWAP	0.0000%	4h	92.680	−0.011%	$42.9M	$108.5M	50x	as long as short
RISEx CL/USDC	0.0000%	1h	92.802	+0.121%	$3.3M	$2.7M	20x	as long as short
Bitget CLUSDT	0.0000%	4h	92.678	−0.013%	$42.2M	$47.9M	100x	as long as short
Phoenix WTIOIL	0.0000%	1h	92.680	−0.011%	$37K	$66K	20x	as long as short
Bullet WTIOIL-USD	0.0000%	1h	92.692	+0.002%	$18K	$240K	10x	as long as short
gTrade (Gains Network) WTI/USD	L 0.0000% / S +0.0036%	1h	92.240	−0.485%	$5K	—	150x	as long as short
Extended WTI-USD	+0.0008%	1h	92.720	+0.032%	$2.3M	$25.7M	10x	as long as short
Paradex CL-USD-PERP	+0.0010%	8h	92.666	−0.025%	$15K	$367	5x	as long as short
Lighter WTI	+0.0024%	1h	92.693	+0.003%	$11.2M	$10.3M	20x	as long as short
StandX CL-USD	+0.0040%	1h	92.370	−0.345%	$722K	$3.1M	40x	as long as short
Vest CL-PERP	+0.0046%	1h	92.710	+0.022%	—	$310K	10x	as long as short
Polymarket Perps WTIOIL-USD	+0.0050%	1h	92.688	−0.002%	$1.6M	$1.4M	20x	as long as short
SoDEX CL-USD	+0.0050%	1h	92.684	−0.006%	$2.0M	$38K	20x	as long as short
edgeX CLUSDCshort	+0.0067%	4h	92.621	−0.074%	$533K	$299K	30x
KuCoin CLUSDTM	+0.0078%	4h	92.699	+0.010%	$7.2M	$2.3M	50x	as long as short
Pacifica CL	+0.0100%	1h	92.677	−0.014%	$354K	$605K	10x	as long as short
ApeX Omni CLUSDT	+0.0100%	1h	92.670	−0.022%	$56K	$265K	50x	as long as short
Aevo WTIOIL-PERP	+0.0104%	1h	92.649	−0.044%	$4K	—	10x	as long as short
Aftermath Perps WTIUSD	+0.0129%	1h	92.685	−0.006%	$2K	$28K	5x	as long as short
GMX WTIOIL/USD [ETH-USDC]	L +0.0206% / S −0.0131%	1h	92.685	−0.005%	$78K	—	111x	as long as short
Injective WTI/USDC PERP	+0.0220%	1h	101.69	+9.710%	$19K	$11K	30x	as long as short
BloFin CL-USDT	+0.0240%	4h	92.640	−0.054%	$4.0M	$1.2M	50x	as long as short