CL

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC−0.0072%/8h= −7.9% APRnext payment −$0.09 per $10,000 · paid last 24h −0.015%

Price spread now: QFEX against StandX+0.011%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−$42as in the Price arb table

costs, in and out, $10k−$420.423% of the position

Long on StandX Short on QFEX

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)−0.039%−$4 on $10k

Price spread, last 7 days−0.039%−$4 · spread now +0.011%, 7d avg +0.012%

Together, before fees−0.078%+ Points / potential airdropStandX: Active · farm board−$8 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.012%, so right now this pair is about funding alone: −$2 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	StandX CL-USD	93.010	0.0040	pay 0.0005% / 1h	0m 30s	$734K	$2.9M	40x
Short	QFEX CL-USD	93.020	−0.0032	pay 0.0004% / 1h	0m 30s	$2.5M	$1.7M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

QFEX against StandX. 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 StandXbpFee QFEXbpOrdersPrice spread, now +0.011%Rate

Funding earned: −$15.22
Price spread: +0.011% → +0.012%: −$0.12
Slippage, 4 orders: −$24.29
Fee StandX: 4 bp × 2 orders: −$8
Fee QFEX: 5 bp × 2 orders: −$10
Net: −$57.62
Costs to cover: 0.423%
Break-even: never at this rate

Slippage from StandX: live order book, 3 min ago; QFEX: 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 StandX live order book, 3 min ago	0.54 bp	21.3 bp −$21	23.1 bp −$231	doesn't fit	doesn't fit
Sell QFEX live order book, 2 min ago	1.61 bp	8.2 bp −$8	8.7 bp −$87	10.2 bp −$1,016	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	−0.0610%	1h	92.950	−0.065%	$198K	$369K	15x	as long as short
Aster CLUSD1	−0.0263%	4h	93.070	+0.065%	$24.0M	$68.2M	20x	as long as short
GRVT CL_USDT_Perp	−0.0248%	4h	93.052	+0.045%	$54K	$635K	25x	as long as short
Binance CLUSDT	−0.0206%	4h	93.061	+0.055%	$244.7M	$953.6M	100x	as long as short
Variational Omni CL	−0.0197%	4h	92.966	−0.047%	$13.5M	$11.2M	—	as long as short
Ondo Perps WTI-USD.P	−0.0163%	1h	92.960	−0.054%	$3.5M	$5.6M	20x	as long as short
Nado WTI-PERP	−0.0140%	1h	93.101	+0.098%	$963K	$653K	10x	as long as short
Extended WTI-USD	−0.0088%	1h	93.070	+0.065%	$2.1M	$21.9M	10x	as long as short
OKX CL-USDT-SWAP	−0.0082%	4h	93.060	+0.054%	$42.6M	$102.9M	50x	as long as short
tradeXYZ xyz:CL	−0.0075%	1h	93.036	+0.028%	$185.2M	$217.4M	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	−0.0066%	1h	93.023	+0.014%	$2K	$27K	5x	as long as short
Gate CL_USDT	−0.0060%	8h	93.000	−0.011%	$20.9M	$53.4M	100x	as long as short
edgeX CLUSDC	−0.0047%	4h	92.984	−0.028%	$529K	$302K	30x	as long as short
Bitget CLUSDT	−0.0040%	4h	93.026	+0.017%	$42.0M	$43.6M	100x	as long as short
Coinbase International WTIOIL-PERP-INTX	−0.0040%	1h	92.750	−0.280%	$402K	$944K	15x	as long as short
QFEX CL-USDshort	−0.0032%	1h	93.020	+0.011%	$2.5M	$1.7M	10x
Lighter WTI	0.0000%	1h	93.038	+0.030%	$11.2M	$10.6M	20x	as long as short
dYdX WTI-USD	0.0000%	1h	93.019	+0.010%	$8K	$3K	5x	as long as short
Bybit CLUSDT	0.0000%	8h	93.080	+0.075%	$26.8M	$80.9M	150x	as long as short
Phoenix WTIOIL	0.0000%	1h	93.050	+0.043%	$37K	$42K	20x	as long as short
Bullet WTIOIL-USD	0.0000%	1h	92.999	−0.012%	$18K	$241K	10x	as long as short
gTrade (Gains Network) WTI/USD	L 0.0000% / S +0.0036%	1h	92.554	−0.490%	$5K	—	150x	as long as short
KuCoin CLUSDTM	+0.0006%	4h	93.034	+0.026%	$7.1M	$2.4M	50x	as long as short
Paradex CL-USD-PERP	+0.0011%	8h	93.016	+0.006%	$16K	$367	5x	as long as short
StandX CL-USDlong	+0.0040%	1h	93.010	long leg	$734K	$2.9M	40x
Vest CL-PERP	+0.0046%	1h	93.030	+0.022%	—	$310K	10x	as long as short
Polymarket Perps WTIOIL-USD	+0.0050%	1h	93.010	0.000%	$1.6M	$1.2M	20x	as long as short
SoDEX CL-USD	+0.0050%	1h	92.980	−0.032%	$2.1M	$60K	20x	as long as short
RISEx CL/USDC	+0.0066%	1h	93.128	+0.126%	$3.1M	$2.9M	20x	as long as short
Pacifica CL	+0.0100%	1h	93.037	+0.029%	$331K	$619K	10x	as long as short
ApeX Omni CLUSDT	+0.0100%	1h	93.000	−0.011%	$56K	$266K	50x	as long as short
Aevo WTIOIL-PERP	+0.0104%	1h	92.959	−0.055%	$4K	—	10x	as long as short
Kraken Futures PF_WTIOILUSD	+0.0105%	1h	93.012	+0.002%	$273K	$871K	25x	as long as short
BloFin CL-USDT	+0.0158%	4h	93.000	−0.011%	$4.1M	$1.1M	50x	as long as short
GMX WTIOIL/USD [ETH-USDC]	L +0.0209% / S −0.0134%	1h	92.985	−0.027%	$79K	—	111x	as long as short
Injective WTI/USDC PERP	+0.0220%	1h	102.10	+9.771%	$19K	$11K	30x	as long as short