CL

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0373%/8h= +40.8% APRnext payment +$1.86 per $10,000 · paid last 24h +0.090%

Price spread now: BloFin against Binance+0.161%91s7-day average −0.050% · you sell dearer than you buy

Net, funding: paid 7d − costs+$13as 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−$250.246% of the position

Long on Binance Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.371%+$37 on $10k

Price spread, last 4 days (all we have)−0.256%−$26 · spread now +0.161%, 7d avg −0.050%

Together, before fees+0.115%+$12 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$11 a day on $10k at the current rate, and BloFin is 0.212% dearer against Binance than usual: you sell high and buy low: +$21 more if the spread goes back to its 7-day average of −0.050%. The two prices were read 91 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance CLUSDT	92.890	−0.0187	get 0.0093% / 4h	13m 36s	$244.2M	$948.4M	100x
Short	BloFin CL-USDT	93.040	0.0186	get 0.0093% / 4h	13m 36s	$4.0M	$1.1M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin against Binance. 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 BinancebpFee BloFinbpOrdersPrice spread, now +0.161%Rate

Funding earned: $78.32
Price spread: +0.161% → −0.050%: $21.2
Slippage, 4 orders: −$2.61
Fee Binance: 5 bp × 2 orders: −$10
Fee BloFin: 6 bp × 2 orders: −$12
Net: $74.91
Costs to cover: 0.246%
Break-even: 0.3 days

Slippage from Binance: live order book, 15 min ago; BloFin: 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 Binance live order book, 15 min ago	0.54 bp	5.5 bp −$6	5.5 bp −$55	8.2 bp −$817	19.7 bp −$9,866
Sell BloFin live order book, 5 min ago	0.54 bp	6.5 bp −$7	7.2 bp −$72	11.5 bp −$1,147	22.1 bp −$11.1K

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	−0.0611%	1h	92.870	−0.022%	$198K	$370K	15x	as long as short
Aster CLUSD1	−0.0265%	4h	92.920	+0.032%	$24.0M	$66.7M	20x	as long as short
GRVT CL_USDT_Perp	−0.0240%	4h	93.010	+0.129%	$64K	$648K	25x	as long as short
Kraken Futures PF_WTIOILUSD	−0.0196%	1h	92.902	+0.013%	$273K	$874K	25x	as long as short
Binance CLUSDTlong	−0.0187%	4h	92.890	long leg	$244.2M	$948.4M	100x
Variational Omni CL	−0.0176%	4h	93.029	+0.149%	$13.5M	$10.9M	—	as long as short
Bitget CLUSDT	−0.0122%	4h	92.887	−0.003%	$42.0M	$43.7M	100x	as long as short
tradeXYZ xyz:CL	−0.0111%	1h	92.897	+0.008%	$187.9M	$217.5M	20x	as long as short
Aftermath Perps WTIUSD	−0.0104%	1h	92.989	+0.106%	$2K	$26K	5x	as long as short
Ondo Perps WTI-USD.P	−0.0091%	1h	92.850	−0.043%	$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
edgeX CLUSDC	−0.0076%	4h	93.007	+0.126%	$530K	$301K	30x	as long as short
OKX CL-USDT-SWAP	−0.0053%	4h	92.880	−0.011%	$42.5M	$102.7M	50x	as long as short
Coinbase International WTIOIL-PERP-INTX	−0.0048%	1h	92.750	−0.151%	$402K	$944K	15x	as long as short
Gate CL_USDT	−0.0047%	8h	92.840	−0.054%	$20.8M	$52.1M	100x	as long as short
QFEX CL-USD	−0.0043%	1h	92.890	0.000%	$2.4M	$1.7M	10x	as long as short
Nado WTI-PERP	−0.0027%	1h	92.988	+0.105%	$964K	$650K	10x	as long as short
KuCoin CLUSDTM	−0.0024%	4h	92.900	+0.011%	$7.1M	$2.4M	50x	as long as short
Lighter WTI	0.0000%	1h	92.902	+0.013%	$11.2M	$10.6M	20x	as long as short
dYdX WTI-USD	0.0000%	1h	92.937	+0.050%	$8K	$3K	5x	as long as short
Bybit CLUSDT	0.0000%	8h	92.890	0.000%	$26.6M	$80.4M	150x	as long as short
RISEx CL/USDC	0.0000%	1h	92.963	+0.078%	$3.1M	$2.9M	20x	as long as short
Phoenix WTIOIL	0.0000%	1h	93.070	+0.194%	$37K	$42K	20x	as long as short
Bullet WTIOIL-USD	0.0000%	1h	92.914	+0.026%	$19K	$241K	10x	as long as short
gTrade (Gains Network) WTI/USD	L 0.0000% / S +0.0036%	1h	92.480	−0.441%	$5K	—	150x	as long as short
Paradex CL-USD-PERP	+0.0011%	8h	92.878	−0.013%	$16K	$367	5x	as long as short
Extended WTI-USD	+0.0032%	1h	92.950	+0.065%	$2.0M	$20.4M	10x	as long as short
StandX CL-USD	+0.0040%	1h	93.040	+0.161%	$735K	$2.9M	40x	as long as short
Vest CL-PERP	+0.0046%	1h	92.960	+0.075%	—	$310K	10x	as long as short
Polymarket Perps WTIOIL-USD	+0.0050%	1h	92.913	+0.025%	$1.7M	$1.3M	20x	as long as short
SoDEX CL-USD	+0.0050%	1h	92.900	+0.011%	$2.1M	$60K	20x	as long as short
Pacifica CL	+0.0068%	1h	92.900	+0.011%	$330K	$622K	10x	as long as short
ApeX Omni CLUSDT	+0.0100%	1h	93.080	+0.205%	$56K	$266K	50x	as long as short
Aevo WTIOIL-PERP	+0.0104%	1h	92.882	−0.009%	$4K	—	10x	as long as short
BloFin CL-USDTshort	+0.0186%	4h	93.040	+0.161%	$4.0M	$1.1M	50x
GMX WTIOIL/USD [ETH-USDC]	L +0.0216% / S −0.0143%	1h	92.915	+0.027%	$81K	—	111x	as long as short
Injective WTI/USDC PERP	+0.0220%	1h	102.25	+10.078%	$19K	$11K	30x	as long as short