CL

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0084%/8h= +9.2% APRnext payment +$0.42 per $10,000 · paid last 24h −0.001%

Price spread now: edgeX against Bitget+0.025%7-day average −0.007% · you sell dearer than you buy

Net, funding: paid 7d − costs−$52as in the Funding arb table

Net, price: spread back to 7d avg − costs−$40as in the Price arb table

costs, in and out, $10k−$430.432% of the position

Long on Bitget Short on edgeX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.085%−$8 on $10k

Price spread, last 4 days (all we have)+0.062%+$6 · spread now +0.025%, 7d avg −0.007%

Together, before fees−0.023%+ Points / potential airdropedgeX: Active · farm board−$2 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and edgeX is 0.032% dearer against Bitget than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of −0.007%. Mind the row above: over the last 7 days funding on this pair cost −0.085%, so the current rate has only just turned in your favour.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget CLUSDT	92.986	−0.0118	get 0.0059% / 4h	15m 08s	$41.9M	$43.7M	100x
Short	edgeX CLUSDC	93.009	−0.0034	pay 0.0017% / 4h	15m 08s	$530K	$301K	30x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

edgeX against Bitget. 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 BitgetbpFee edgeXbpOrdersPrice spread, now +0.025%Rate

Funding earned: $17.56
Price spread: +0.025% → −0.007%: $3.18
Slippage, 4 orders: −$22.19
Fee Bitget: 6 bp × 2 orders: −$12
Fee edgeX: 4.5 bp × 2 orders: −$9
Net: −$22.45
Costs to cover: 0.432%
Break-even: 15.9 days

Slippage from Bitget: live order book, 4 min ago; edgeX: live order book, 44 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 Bitget live order book, 4 min ago	0.16 bp	7.1 bp −$7	9.8 bp −$98	doesn't fit	doesn't fit
Sell edgeX live order book, 44 min ago	10.05 bp	14.5 bp −$15	14.9 bp −$149	22.3 bp −$2,231	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	−0.0395%	1h	92.980	−0.006%	$198K	$370K	15x	as long as short
Aster CLUSD1	−0.0263%	4h	93.019	+0.035%	$24.0M	$66.7M	20x	as long as short
GRVT CL_USDT_Perp	−0.0240%	4h	93.010	+0.026%	$64K	$648K	25x	as long as short
Kraken Futures PF_WTIOILUSD	−0.0196%	1h	93.030	+0.048%	$273K	$872K	25x	as long as short
Binance CLUSDT	−0.0185%	4h	92.998	+0.012%	$244.5M	$947.8M	100x	as long as short
Variational Omni CL	−0.0176%	4h	93.029	+0.046%	$13.5M	$10.9M	—	as long as short
Bitget CLUSDTlong	−0.0118%	4h	92.986	long leg	$41.9M	$43.7M	100x
tradeXYZ xyz:CL	−0.0108%	1h	92.991	+0.005%	$184.5M	$214.5M	20x	as long as short
Aftermath Perps WTIUSD	−0.0103%	1h	93.039	+0.057%	$2K	$27K	5x	as long as short
Ondo Perps WTI-USD.P	−0.0087%	1h	93.030	+0.047%	$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
OKX CL-USDT-SWAP	−0.0052%	4h	92.990	+0.004%	$42.5M	$102.6M	50x	as long as short
Coinbase International WTIOIL-PERP-INTX	−0.0048%	1h	92.750	−0.254%	$402K	$944K	15x	as long as short
Gate CL_USDT	−0.0046%	8h	92.950	−0.039%	$20.8M	$52.0M	100x	as long as short
QFEX CL-USD	−0.0043%	1h	93.000	+0.015%	$2.4M	$1.7M	10x	as long as short
edgeX CLUSDCshort	−0.0034%	4h	93.009	+0.025%	$530K	$301K	30x
Nado WTI-PERP	−0.0027%	1h	93.072	+0.093%	$962K	$649K	10x	as long as short
KuCoin CLUSDTM	−0.0022%	4h	93.004	+0.019%	$7.1M	$2.4M	50x	as long as short
Lighter WTI	0.0000%	1h	92.999	+0.014%	$11.2M	$10.6M	20x	as long as short
dYdX WTI-USD	0.0000%	1h	93.113	+0.137%	$8K	$3K	5x	as long as short
Bybit CLUSDT	0.0000%	8h	93.001	+0.016%	$26.7M	$80.3M	150x	as long as short
RISEx CL/USDC	0.0000%	1h	93.063	+0.083%	$3.1M	$2.9M	20x	as long as short
Phoenix WTIOIL	0.0000%	1h	93.070	+0.090%	$37K	$42K	20x	as long as short
Bullet WTIOIL-USD	0.0000%	1h	93.009	+0.025%	$18K	$241K	10x	as long as short
gTrade (Gains Network) WTI/USD	L 0.0000% / S +0.0036%	1h	92.560	−0.458%	$5K	—	150x	as long as short
Paradex CL-USD-PERP	+0.0014%	8h	92.985	−0.001%	$16K	$367	5x	as long as short
Extended WTI-USD	+0.0032%	1h	93.040	+0.058%	$2.0M	$20.4M	10x	as long as short
StandX CL-USD	+0.0040%	1h	93.040	+0.058%	$735K	$2.9M	40x	as long as short
Vest CL-PERP	+0.0046%	1h	93.030	+0.047%	—	$310K	10x	as long as short
Polymarket Perps WTIOIL-USD	+0.0050%	1h	93.001	+0.016%	$1.7M	$1.3M	20x	as long as short
SoDEX CL-USD	+0.0050%	1h	93.000	+0.015%	$2.1M	$60K	20x	as long as short
Pacifica CL	+0.0068%	1h	93.011	+0.026%	$330K	$622K	10x	as long as short
ApeX Omni CLUSDT	+0.0100%	1h	93.080	+0.101%	$56K	$266K	50x	as long as short
Aevo WTIOIL-PERP	+0.0104%	1h	92.978	−0.008%	$4K	—	10x	as long as short
BloFin CL-USDT	+0.0186%	4h	93.040	+0.058%	$4.0M	$1.1M	50x	as long as short
GMX WTIOIL/USD [ETH-USDC]	L +0.0216% / S −0.0143%	1h	92.995	+0.010%	$81K	—	111x	as long as short
Injective WTI/USDC PERP	+0.0220%	1h	102.25	+9.964%	$19K	$11K	30x	as long as short