CL

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0070%/8h= +7.6% APRnext payment +$0.09 per $10,000 · paid last 24h +0.015%

Price spread now: Extended against QFEX+0.076%7-day average −0.012% · you sell dearer than you buy

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$14as in the Price arb table

costs, in and out, $10k−$230.226% of the position

Long on QFEX Short on Extended

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.201%+$20 on $10k

Price spread, last 7 days−0.060%−$6 · spread now +0.076%, 7d avg −0.012%

Together, before fees+0.141%+ Points / potential airdropExtended: Active · farm board+$14 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Extended is 0.088% dearer against QFEX than usual: you sell high and buy low: +$9 more if the spread goes back to its 7-day average of −0.012%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	QFEX CL-USD	92.050	−0.0054	get 0.0007% / 1h	39m 52s	$2.4M	$2.6M	10x
Short	Extended WTI-USD	92.120	0.0016	get 0.0002% / 1h	39m 52s	$2.0M	$27.5M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Extended against QFEX. 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 QFEXbpFee ExtendedbpOrdersPrice spread, now +0.076%Rate

Funding earned: $14.63
Price spread: +0.076% → −0.012%: $8.78
Slippage, 4 orders: −$7.57
Fee QFEX: 5 bp × 2 orders: −$10
Fee Extended: 2.5 bp × 2 orders: −$5
Net: $0.84
Costs to cover: 0.226%
Break-even: 6.6 days

Slippage from QFEX: live order book, 2 min ago; Extended: live order book, 4 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 QFEX live order book, 2 min ago	1.63 bp	7.3 bp −$7	7.7 bp −$77	8.9 bp −$893	doesn't fit
Sell Extended live order book, 4 min ago	0.05 bp	2.6 bp −$3	5.0 bp −$50	20.9 bp −$2,095	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
Kraken Futures PF_WTIOILUSD	−0.0450%	1h	92.141	+0.099%	$274K	$1.2M	25x	as long as short
GRVT CL_USDT_Perp	−0.0310%	4h	92.070	+0.022%	$58K	$702K	25x	as long as short
Aster CLUSD1	−0.0234%	4h	92.100	+0.054%	$24.0M	$77.5M	20x	as long as short
Nado WTI-PERP	−0.0172%	1h	92.133	+0.091%	$924K	$740K	10x	as long as short
Binance CLUSDT	−0.0159%	4h	92.090	+0.043%	$245.4M	$1.10B	100x	as long as short
Variational Omni CL	−0.0138%	4h	92.053	+0.004%	$13.4M	$12.4M	—	as long as short
Lighter WTI	−0.0128%	1h	92.073	+0.025%	$11.1M	$10.9M	20x	as long as short
Ondo Perps WTI-USD.P	−0.0114%	1h	92.080	+0.033%	$3.5M	$6.4M	20x	as long as short
Paradex CL-USD-PERP	−0.0104%	8h	92.055	+0.006%	$15K	$367	5x	as long as short
tradeXYZ xyz:CL	−0.0095%	1h	92.106	+0.061%	$187.1M	$276.8M	20x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Deribit WTIOIL_USDC-PERPETUAL	−0.0076%	1h	92.100	+0.054%	$96K	$189K	15x	as long as short
Bullet WTIOIL-USD	−0.0060%	1h	92.085	+0.038%	$18K	$241K	10x	as long as short
QFEX CL-USDlong	−0.0054%	1h	92.050	long leg	$2.4M	$2.6M	10x
Gate CL_USDT	−0.0026%	8h	92.020	−0.033%	$21.3M	$57.6M	100x	as long as short
Pacifica CL	−0.0020%	1h	92.097	+0.051%	$332K	$576K	10x	as long as short
dYdX WTI-USD	0.0000%	1h	92.108	+0.063%	$8K	$3K	5x	as long as short
Bybit CLUSDT	0.0000%	8h	92.100	+0.054%	$25.5M	$94.8M	150x	as long as short
OKX CL-USDT-SWAP	0.0000%	4h	92.080	+0.033%	$43.1M	$112.8M	50x	as long as short
RISEx CL/USDC	0.0000%	1h	92.184	+0.146%	$3.3M	$2.7M	20x	as long as short
Bitget CLUSDT	0.0000%	4h	92.080	+0.033%	$42.0M	$51.7M	100x	as long as short
Phoenix WTIOIL	0.0000%	1h	92.120	+0.076%	$37K	$101K	20x	as long as short
Coinbase International WTIOIL-PERP-INTX	0.0000%	1h	92.030	−0.022%	$399K	$966K	15x	as long as short
gTrade (Gains Network) WTI/USD	L 0.0000% / S +0.0036%	1h	91.647	−0.438%	$4K	—	150x	as long as short
Extended WTI-USDshort	+0.0016%	1h	92.120	+0.076%	$2.0M	$27.5M	10x
Polymarket Perps WTIOIL-USD	+0.0039%	1h	92.078	+0.030%	$1.6M	$1.4M	20x	as long as short
StandX CL-USD	+0.0040%	1h	92.130	+0.087%	$721K	$3.1M	40x	as long as short
Vest CL-PERP	+0.0046%	1h	92.120	+0.076%	—	$308K	10x	as long as short
SoDEX CL-USD	+0.0050%	1h	92.085	+0.038%	$2.0M	$39K	20x	as long as short
edgeX CLUSDC	+0.0059%	4h	92.037	−0.014%	$529K	$336K	30x	as long as short
Aftermath Perps WTIUSD	+0.0086%	1h	92.085	+0.038%	$1K	$29K	5x	as long as short
KuCoin CLUSDTM	+0.0100%	4h	92.097	+0.051%	$7.3M	$2.1M	50x	as long as short
ApeX Omni CLUSDT	+0.0100%	1h	92.150	+0.109%	$56K	$266K	50x	as long as short
Aevo WTIOIL-PERP	+0.0104%	1h	92.062	+0.013%	$4K	—	10x	as long as short
GMX WTIOIL/USD [ETH-USDC]	L +0.0203% / S −0.0127%	1h	92.085	+0.038%	$76K	—	111x	as long as short
Injective WTI/USDC PERP	+0.0220%	1h	101.28	+10.022%	$19K	$11K	30x	as long as short
BloFin CL-USDT	+0.0240%	4h	92.080	+0.033%	$4.0M	$1.4M	50x	as long as short