CL

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC−0.0242%/8h= −26.5% APRnext payment −$0.30 per $10,000 · paid last 24h −0.081%

Price spread now: QFEX against GMX+0.005%7-day average — · you sell dearer than you buy

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

Long on GMX Short on QFEX

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

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

Together, before fees—needs both histories

The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$7 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	GMX WTIOIL/USD [ETH-USDC]	93.055	L +0.0209% / S −0.0134%	pay 0.0026% / 1h	3m 00s	$79K	—	111x
Short	QFEX CL-USD	93.060	−0.0032	pay 0.0004% / 1h	3m 00s	$2.5M	$1.7M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

QFEX against GMX. 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 GMXbpFee QFEXbpOrdersPrice spread, now +0.005%Rate

Funding earned: −$50.76
Price spread: +0.005% → 0.000%: $0.54
Slippage, 4 orders: no order book: not counted
Fee GMX: 6 bp × 2 orders: −$12
Fee QFEX: 5 bp × 2 orders: −$10
Net: −$72.22
Costs to cover: 0.220%
Break-even: never at this rate

Slippage unknown: GMX: no order-book sample; QFEX: live order book, 4 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 GMX no order-book sample	—	—	—	—	—
Sell QFEX live order book, 4 min ago	1.61 bp	6.6 bp −$7	6.6 bp −$66	8.5 bp −$846	doesn't fit

GMX: 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 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	−0.0502%	1h	93.020	−0.038%	$199K	$369K	15x	as long as short
Aster CLUSD1	−0.0262%	4h	93.041	−0.015%	$24.0M	$68.1M	20x	as long as short
GRVT CL_USDT_Perp	−0.0246%	4h	92.964	−0.097%	$53K	$635K	25x	as long as short
Binance CLUSDT	−0.0207%	4h	93.020	−0.038%	$244.8M	$953.4M	100x	as long as short
Variational Omni CL	−0.0200%	4h	92.957	−0.105%	$13.5M	$11.2M	—	as long as short
Ondo Perps WTI-USD.P	−0.0166%	1h	93.040	−0.016%	$3.5M	$5.6M	20x	as long as short
Nado WTI-PERP	−0.0145%	1h	93.142	+0.094%	$963K	$654K	10x	as long as short
Extended WTI-USD	−0.0088%	1h	93.100	+0.048%	$2.1M	$22.0M	10x	as long as short
OKX CL-USDT-SWAP	−0.0082%	4h	93.020	−0.038%	$42.6M	$102.9M	50x	as long as short
tradeXYZ xyz:CL	−0.0075%	1h	93.021	−0.037%	$185.1M	$217.3M	20x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aftermath Perps WTIUSD	−0.0069%	1h	93.009	−0.050%	$2K	$27K	5x	as long as short
Gate CL_USDT	−0.0061%	8h	92.990	−0.070%	$20.9M	$53.3M	100x	as long as short
edgeX CLUSDC	−0.0047%	4h	92.984	−0.076%	$529K	$302K	30x	as long as short
Coinbase International WTIOIL-PERP-INTX	−0.0040%	1h	92.750	−0.328%	$402K	$944K	15x	as long as short
QFEX CL-USDshort	−0.0032%	1h	93.060	+0.005%	$2.5M	$1.7M	10x
Bitget CLUSDT	−0.0030%	4h	93.026	−0.031%	$42.0M	$43.6M	100x	as long as short
Lighter WTI	0.0000%	1h	93.031	−0.026%	$11.2M	$10.6M	20x	as long as short
dYdX WTI-USD	0.0000%	1h	93.099	+0.047%	$8K	$3K	5x	as long as short
Bybit CLUSDT	0.0000%	8h	93.050	−0.005%	$26.7M	$81.0M	150x	as long as short
Phoenix WTIOIL	0.0000%	1h	93.010	−0.048%	$37K	$42K	20x	as long as short
Bullet WTIOIL-USD	0.0000%	1h	93.062	+0.007%	$18K	$241K	10x	as long as short
gTrade (Gains Network) WTI/USD	L 0.0000% / S +0.0036%	1h	92.618	−0.470%	$5K	—	150x	as long as short
KuCoin CLUSDTM	+0.0004%	4h	93.035	−0.021%	$7.1M	$2.4M	50x	as long as short
Paradex CL-USD-PERP	+0.0010%	8h	93.069	+0.015%	$16K	$367	5x	as long as short
StandX CL-USD	+0.0040%	1h	93.060	+0.005%	$734K	$2.9M	40x	as long as short
Vest CL-PERP	+0.0046%	1h	93.080	+0.027%	—	$310K	10x	as long as short
Polymarket Perps WTIOIL-USD	+0.0050%	1h	93.072	+0.018%	$1.6M	$1.2M	20x	as long as short
SoDEX CL-USD	+0.0050%	1h	93.040	−0.016%	$2.1M	$60K	20x	as long as short
RISEx CL/USDC	+0.0066%	1h	93.165	+0.118%	$3.1M	$2.9M	20x	as long as short
Pacifica CL	+0.0100%	1h	93.089	+0.036%	$331K	$619K	10x	as long as short
ApeX Omni CLUSDT	+0.0100%	1h	92.980	−0.081%	$56K	$265K	50x	as long as short
Aevo WTIOIL-PERP	+0.0104%	1h	93.021	−0.037%	$4K	—	10x	as long as short
Kraken Futures PF_WTIOILUSD	+0.0105%	1h	93.081	+0.028%	$274K	$871K	25x	as long as short
BloFin CL-USDT	+0.0157%	4h	93.060	+0.005%	$4.1M	$1.1M	50x	as long as short
GMX WTIOIL/USD [ETH-USDC]long	L +0.0209% / S −0.0134%	1h	93.055	long leg	$79K	—	111x
Injective WTI/USDC PERP	+0.0220%	1h	102.10	+9.718%	$19K	$11K	30x	as long as short