CL

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0360%/8h= −39.4% APRnext payment −$1.80 per $10,000 · paid last 24h −0.063%

Price spread now: Aster against KuCoin+0.027%7-day average +0.002% · you sell dearer than you buy

Net, funding: paid 7d − costs−$47as in the Funding arb table

Net, price: spread back to 7d avg − costs−$26as in the Price arb table

costs, in and out, $10k−$290.286% of the position

Long on KuCoin Short on Aster

What this pair did over the last

the charts below follow

Funding, last 7 days−0.188%−$19 on $10k

Price spread, last 7 days−0.059%−$6 · spread now +0.027%, 7d avg +0.002%

Together, before fees−0.248%+ Points / potential airdropAster: Stage 5 · farm board−$25 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Aster is 0.026% dearer against KuCoin than usual: you sell high and buy low (spread +0.027% now, against its 7-day average of +0.002%): +$3 on $10k if it goes back. Holding the pair costs −$11 a day in funding at the current rate, which eats that in about 6 hours. At the pace of the last 7 days (−0.188% in total) that is about 23 hours.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.188% in total (about -9.8% a year). A funding rate is set anew for every payment; at this rate the next one is about −$1.80 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin CLUSDTM	93.609	0.0100	pay 0.0050% / 4h	1h 41m	$7.1M	$2.4M	50x
Short	Aster CLUSD1	93.635	−0.0260	pay 0.0130% / 4h	1h 41m	$24.5M	$65.3M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster against KuCoin. 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 KuCoinbpFee AsterbpOrdersPrice spread, now +0.027%Rate

Funding earned: −$75.58
Price spread: +0.027% → +0.002%: $2.57
Slippage, 4 orders: −$8.59
Fee KuCoin: 6 bp × 2 orders: −$12
Fee Aster: 4 bp × 2 orders: −$8
Net: −$101.6
Costs to cover: 0.286%
Break-even: never at this rate

Slippage from KuCoin: live order book, 6 min ago; Aster: live order book, 2 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 KuCoin live order book, 6 min ago	1.76 bp	9.6 bp −$10	doesn't fit	doesn't fit	doesn't fit
Sell Aster live order book, 2 min ago	0.53 bp	4.5 bp −$5	4.5 bp −$45	doesn't fit	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	−0.0498%	1h	93.570	−0.042%	$196K	$381K	15x	as long as short
Aster CLUSD1short	−0.0260%	4h	93.635	+0.027%	$24.5M	$65.3M	20x
GRVT CL_USDT_Perp	−0.0244%	4h	93.633	+0.026%	$58K	$629K	25x	as long as short
Binance CLUSDT	−0.0145%	4h	93.600	−0.010%	$246.3M	$925.3M	100x	as long as short
Aftermath Perps WTIUSD	−0.0139%	1h	93.649	+0.042%	$2K	$26K	5x	as long as short
Kraken Futures PF_WTIOILUSD	−0.0137%	1h	93.617	+0.009%	$286K	$956K	25x	as long as short
Variational Omni CL	−0.0135%	4h	93.599	−0.011%	$13.5M	$10.7M	—	as long as short
Bitget CLUSDT	−0.0100%	4h	93.586	−0.025%	$42.2M	$42.4M	100x	as long as short
Gate CL_USDT	−0.0097%	8h	93.520	−0.095%	$22.3M	$48.7M	100x	as long as short
Ondo Perps WTI-USD.P	−0.0078%	1h	93.590	−0.020%	$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
tradeXYZ xyz:CL	−0.0058%	1h	93.605	−0.004%	$185.0M	$211.0M	20x	as long as short
edgeX CLUSDC	−0.0055%	4h	93.649	+0.043%	$526K	$307K	30x	as long as short
Nado WTI-PERP	−0.0037%	1h	93.692	+0.089%	$966K	$627K	10x	as long as short
QFEX CL-USD	−0.0023%	1h	93.630	+0.022%	$2.3M	$2.5M	10x	as long as short
OKX CL-USDT-SWAP	−0.0014%	4h	93.600	−0.010%	$42.6M	$101.9M	50x	as long as short
Coinbase International WTIOIL-PERP-INTX	−0.0008%	1h	93.500	−0.116%	$404K	$931K	15x	as long as short
dYdX WTI-USD	0.0000%	1h	93.651	+0.045%	$8K	$3K	5x	as long as short
Bybit CLUSDT	0.0000%	8h	93.605	−0.004%	$27.0M	$79.4M	150x	as long as short
RISEx CL/USDC	0.0000%	1h	93.690	+0.087%	$3.1M	$2.8M	20x	as long as short
Phoenix WTIOIL	0.0000%	1h	93.640	+0.033%	$37K	$39K	20x	as long as short
Bullet WTIOIL-USD	0.0000%	1h	93.638	+0.031%	$18K	$240K	10x	as long as short
gTrade (Gains Network) WTI/USD	L 0.0000% / S +0.0036%	1h	93.166	−0.473%	$5K	—	150x	as long as short
Paradex CL-USD-PERP	+0.0030%	8h	93.638	+0.031%	$16K	$367	5x	as long as short
Lighter WTI	+0.0032%	1h	93.586	−0.025%	$11.3M	$9.6M	20x	as long as short
Extended WTI-USD	+0.0032%	1h	93.640	+0.033%	$2.0M	$16.1M	10x	as long as short
StandX CL-USD	+0.0040%	1h	93.680	+0.076%	$742K	$2.8M	40x	as long as short
Vest CL-PERP	+0.0046%	1h	93.650	+0.044%	—	$313K	10x	as long as short
Polymarket Perps WTIOIL-USD	+0.0050%	1h	93.636	+0.029%	$1.7M	$1.3M	20x	as long as short
SoDEX CL-USD	+0.0050%	1h	93.621	+0.013%	$2.1M	$60K	20x	as long as short
Pacifica CL	+0.0100%	1h	93.674	+0.069%	$333K	$576K	10x	as long as short
KuCoin CLUSDTMlong	+0.0100%	4h	93.609	long leg	$7.1M	$2.4M	50x
ApeX Omni CLUSDT	+0.0100%	1h	93.680	+0.076%	$54K	$266K	50x	as long as short
Aevo WTIOIL-PERP	+0.0104%	1h	93.583	−0.028%	$4K	—	10x	as long as short
Injective WTI/USDC PERP	+0.0220%	1h	102.74	+9.759%	$19K	$11K	30x	as long as short
BloFin CL-USDT	+0.0226%	4h	93.640	+0.033%	$4.0M	$978K	50x	as long as short
GMX WTIOIL/USD [ETH-USDC]	L +0.0246% / S −0.0179%	1h	93.615	+0.006%	$84K	—	111x	as long as short