CL

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC+0.0105%/8h= +11.5% APRnext payment +$0.13 per $10,000 · paid last 24h −0.020%

Price spread now: Kraken Futures against gTrade (Gains Network)+0.468%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on gTrade (Gains Network)Short on Kraken Futures

What this pair did over the last

the charts below follow

Funding, last 1 day (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Kraken Futures is 0.468% dearer against gTrade (Gains Network) than usual: you sell high and buy low: +$47 more if the spread goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	gTrade (Gains Network) WTI/USD	92.446	L 0.0000% / S +0.0036%	pay 0.0000% / 1h	48m 55s	$5K	—	150x
Short	Kraken Futures PF_WTIOILUSD	92.879	0.0105	get 0.0013% / 1h	48m 55s	$273K	$881K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Kraken Futures against gTrade (Gains Network). 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 gTrade (Gains Network)bpFee Kraken FuturesbpOrdersPrice spread, now +0.468%Rate

Funding earned: $21.97
Price spread: +0.468% → 0.000%: $46.81
Slippage, 4 orders: no order book: not counted
Fee gTrade (Gains Network): 4 bp × 2 orders: −$8
Fee Kraken Futures: 5 bp × 2 orders: −$10
Net: $50.78
Costs to cover: 0.180%
Break-even: from the start

Slippage unknown: gTrade (Gains Network): no order-book sample; Kraken Futures: live order book, 19 min ago. Net counts fees only.

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 gTrade (Gains Network) no order-book sample	—	—	—	—	—
Sell Kraken Futures live order book, 19 min ago	3.23 bp	8.8 bp −$9	22.0 bp −$220	doesn't fit	doesn't fit

gTrade (Gains Network): no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

CL on 35 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	−0.0718%	1h	92.840	+0.426%	$198K	$369K	15x	as long as short
Aster CLUSD1	−0.0237%	4h	92.895	+0.486%	$24.0M	$70.4M	20x	as long as short
GRVT CL_USDT_Perp	−0.0208%	4h	92.953	+0.548%	$61K	$633K	25x	as long as short
Binance CLUSDT	−0.0205%	4h	92.874	+0.463%	$244.6M	$958.9M	100x	as long as short
Variational Omni CL	−0.0200%	4h	92.927	+0.520%	$13.5M	$11.1M	—	as long as short
Ondo Perps WTI-USD.P	−0.0125%	1h	92.820	+0.405%	$3.5M	$5.7M	20x	as long as short
Nado WTI-PERP	−0.0122%	1h	92.942	+0.536%	$962K	$668K	10x	as long as short
Gate CL_USDT	−0.0098%	8h	92.830	+0.415%	$20.9M	$52.2M	100x	as long as short
tradeXYZ xyz:CL	−0.0049%	1h	92.886	+0.476%	$184.8M	$218.5M	20x	as long as short
Coinbase International WTIOIL-PERP-INTX	−0.0040%	1h	92.750	+0.329%	$402K	$944K	15x	as long as short

Show all 35 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
QFEX CL-USD	−0.0032%	1h	92.870	+0.459%	$2.5M	$1.7M	10x	as long as short
Aftermath Perps WTIUSD	−0.0018%	1h	92.914	+0.506%	$2K	$28K	5x	as long as short
OKX CL-USDT-SWAP	−0.0010%	4h	92.880	+0.469%	$42.9M	$102.5M	50x	as long as short
edgeX CLUSDC	−0.0008%	4h	92.823	+0.408%	$529K	$302K	30x	as long as short
dYdX WTI-USD	0.0000%	1h	92.998	+0.598%	$8K	$3K	5x	as long as short
Bybit CLUSDT	0.0000%	8h	92.898	+0.489%	$26.9M	$81.1M	150x	as long as short
Bitget CLUSDT	0.0000%	4h	92.878	+0.467%	$41.9M	$43.4M	100x	as long as short
Phoenix WTIOIL	0.0000%	1h	92.880	+0.469%	$37K	$42K	20x	as long as short
Bullet WTIOIL-USD	0.0000%	1h	92.888	+0.478%	$18K	$241K	10x	as long as short
gTrade (Gains Network) WTI/USDlong	L 0.0000% / S +0.0036%	1h	92.446	long leg	$5K	—	150x
Lighter WTI	+0.0016%	1h	92.891	+0.481%	$11.2M	$10.3M	20x	as long as short
Extended WTI-USD	+0.0032%	1h	92.920	+0.513%	$2.1M	$23.3M	10x	as long as short
Paradex CL-USD-PERP	+0.0035%	8h	92.865	+0.453%	$16K	$367	5x	as long as short
StandX CL-USD	+0.0040%	1h	92.440	−0.006%	$727K	$2.9M	40x	as long as short
Vest CL-PERP	+0.0046%	1h	92.920	+0.513%	—	$310K	10x	as long as short
Polymarket Perps WTIOIL-USD	+0.0050%	1h	92.902	+0.493%	$1.6M	$1.3M	20x	as long as short
SoDEX CL-USD	+0.0050%	1h	92.875	+0.464%	$2.1M	$61K	20x	as long as short
RISEx CL/USDC	+0.0066%	1h	92.993	+0.592%	$3.3M	$2.7M	20x	as long as short
KuCoin CLUSDTM	+0.0072%	4h	92.879	+0.468%	$7.3M	$2.3M	50x	as long as short
Pacifica CL	+0.0100%	1h	92.886	+0.475%	$332K	$618K	10x	as long as short
ApeX Omni CLUSDT	+0.0100%	1h	92.940	+0.534%	$56K	$266K	50x	as long as short
Aevo WTIOIL-PERP	+0.0104%	1h	92.851	+0.438%	$4K	—	10x	as long as short
Kraken Futures PF_WTIOILUSDshort	+0.0105%	1h	92.879	+0.468%	$273K	$881K	25x
GMX WTIOIL/USD [ETH-USDC]	L +0.0207% / S −0.0131%	1h	92.875	+0.464%	$78K	—	111x	as long as short
Injective WTI/USDC PERP	+0.0220%	1h	102.15	+10.494%	$19K	$11K	30x	as long as short