CL

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0145%/8h= +15.8% APRnext payment +$0.72 per $10,000 · paid last 24h +0.021%

Price spread now: edgeX against Binance+0.056%70s7-day average −0.049% · you sell dearer than you buy

Net, funding: paid 7d − costs−$53as 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−$400.405% of the position

Long on Binance Short on edgeX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.130%−$13 on $10k

Price spread, last 4 days (all we have)−0.169%−$17 · spread now +0.056%, 7d avg −0.049%

Together, before fees−0.299%+ Points / potential airdropedgeX: Active · farm board−$30 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and edgeX is 0.105% dearer against Binance than usual: you sell high and buy low: +$11 more if the spread goes back to its 7-day average of −0.049%. Mind the row above: over the last 7 days funding on this pair cost −0.130%, so the current rate has only just turned in your favour. The two prices were read 70 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	93.591	−0.0154	get 0.0077% / 4h	1h 18m	$246.9M	$917.5M	100x
Short	edgeX CLUSDC	93.644	−0.0009	pay 0.0005% / 4h	1h 18m	$526K	$306K	30x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

edgeX 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 edgeXbpOrdersPrice spread, now +0.056%Rate

Funding earned: $30.39
Price spread: +0.056% → −0.049%: $10.54
Slippage, 4 orders: −$21.47
Fee Binance: 5 bp × 2 orders: −$10
Fee edgeX: 4.5 bp × 2 orders: −$9
Net: $0.46
Costs to cover: 0.405%
Break-even: 6.9 days

Slippage from Binance: live order book, 10 min ago; edgeX: live order book, 25 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, 10 min ago	0.53 bp	5.5 bp −$6	5.5 bp −$55	7.4 bp −$741	20.6 bp −$10.3K
Sell edgeX live order book, 25 min ago	10.20 bp	14.7 bp −$15	14.9 bp −$149	22.1 bp −$2,206	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	−0.0605%	1h	93.510	−0.087%	$196K	$384K	15x	as long as short
Aster CLUSD1	−0.0282%	4h	93.630	+0.042%	$24.6M	$65.6M	20x	as long as short
GRVT CL_USDT_Perp	−0.0266%	4h	93.631	+0.043%	$58K	$618K	25x	as long as short
Binance CLUSDTlong	−0.0154%	4h	93.591	long leg	$246.9M	$917.5M	100x
Aftermath Perps WTIUSD	−0.0139%	1h	93.593	+0.002%	$2K	$26K	5x	as long as short
Variational Omni CL	−0.0139%	4h	93.559	−0.035%	$13.5M	$10.6M	—	as long as short
Kraken Futures PF_WTIOILUSD	−0.0137%	1h	93.558	−0.035%	$282K	$962K	25x	as long as short
Ondo Perps WTI-USD.P	−0.0131%	1h	93.530	−0.065%	$3.5M	$5.3M	20x	as long as short
Gate CL_USDT	−0.0117%	8h	93.500	−0.097%	$22.6M	$49.7M	100x	as long as short
Bitget CLUSDT	−0.0112%	4h	93.559	−0.034%	$42.4M	$42.1M	100x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
tradeXYZ xyz:CL	−0.0081%	1h	93.586	−0.005%	$185.0M	$205.1M	20x	as long as short
Nado WTI-PERP	−0.0058%	1h	93.640	+0.052%	$965K	$619K	10x	as long as short
OKX CL-USDT-SWAP	−0.0031%	4h	93.570	−0.022%	$42.9M	$101.9M	50x	as long as short
QFEX CL-USD	−0.0023%	1h	93.580	−0.012%	$2.3M	$2.4M	10x	as long as short
edgeX CLUSDCshort	−0.0009%	4h	93.644	+0.056%	$526K	$306K	30x
Coinbase International WTIOIL-PERP-INTX	−0.0008%	1h	93.500	−0.097%	$404K	$916K	15x	as long as short
dYdX WTI-USD	0.0000%	1h	93.649	+0.062%	$8K	$3K	5x	as long as short
Bybit CLUSDT	0.0000%	8h	93.580	−0.012%	$26.8M	$79.1M	150x	as long as short
RISEx CL/USDC	0.0000%	1h	93.629	+0.041%	$3.1M	$2.9M	20x	as long as short
Phoenix WTIOIL	0.0000%	1h	93.620	+0.031%	$37K	$39K	20x	as long as short
Bullet WTIOIL-USD	0.0000%	1h	93.585	−0.006%	$19K	$240K	10x	as long as short
gTrade (Gains Network) WTI/USD	L 0.0000% / S +0.0036%	1h	93.125	−0.498%	$5K	—	150x	as long as short
Paradex CL-USD-PERP	+0.0015%	8h	93.573	−0.020%	$16K	$367	5x	as long as short
Lighter WTI	+0.0016%	1h	93.591	0.000%	$11.3M	$9.7M	20x	as long as short
Extended WTI-USD	+0.0032%	1h	93.630	+0.042%	$2.0M	$15.4M	10x	as long as short
StandX CL-USD	+0.0040%	1h	93.590	−0.001%	$742K	$2.8M	40x	as long as short
Vest CL-PERP	+0.0046%	1h	93.590	−0.001%	—	$313K	10x	as long as short
Polymarket Perps WTIOIL-USD	+0.0050%	1h	93.579	−0.013%	$1.7M	$1.3M	20x	as long as short
SoDEX CL-USD	+0.0050%	1h	93.571	−0.021%	$2.1M	$60K	20x	as long as short
Pacifica CL	+0.0100%	1h	93.588	−0.003%	$333K	$573K	10x	as long as short
KuCoin CLUSDTM	+0.0100%	4h	93.625	+0.036%	$7.1M	$2.4M	50x	as long as short
ApeX Omni CLUSDT	+0.0100%	1h	93.660	+0.074%	$54K	$266K	50x	as long as short
Aevo WTIOIL-PERP	+0.0104%	1h	93.541	−0.053%	$4K	—	10x	as long as short
BloFin CL-USDT	+0.0211%	4h	93.560	−0.033%	$4.0M	$970K	50x	as long as short
Injective WTI/USDC PERP	+0.0220%	1h	102.97	+10.024%	$19K	$11K	30x	as long as short
GMX WTIOIL/USD [ETH-USDC]	L +0.0247% / S −0.0182%	1h	93.535	−0.060%	$84K	—	111x	as long as short