CL

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC+0.0044%/8h= +4.8% APRnext payment +$0.06 per $10,000 · paid last 24h +0.013%

Price spread now: Bullet against tradeXYZ+0.012%7-day average −0.001% · 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−$30as in the Price arb table

costs, in and out, $10k−$320.316% of the position

Long on tradeXYZ Short on Bullet

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.001%$0 on $10k

Price spread, last 4 days (all we have)+0.103%+$10 · spread now +0.012%, 7d avg −0.001%

Together, before fees+0.104%+ Points / potential airdroptradeXYZ: Active · farm board+$10 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.001%, so right now this pair is about funding alone: +$1 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	tradeXYZ xyz:CL	92.897	−0.0044	get 0.0006% / 1h	14m 26s	$184.6M	$220.5M	20x
Short	Bullet WTIOIL-USD	92.908	0	get 0.0000% / 1h	14m 26s	$18K	$240K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bullet against tradeXYZ. 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 tradeXYZbpFee BulletbpOrdersPrice spread, now +0.012%Rate

Funding earned: $9.29
Price spread: +0.012% → −0.001%: $1.29
Slippage, 4 orders: −$5.61
Fee tradeXYZ: 9 bp × 2 orders: −$18
Fee Bullet: 4 bp × 2 orders: −$8
Net: −$21.03
Costs to cover: 0.316%
Break-even: 22.8 days

Slippage from tradeXYZ: live order book, 6 min ago; Bullet: live order book, 55 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 tradeXYZ live order book, 6 min ago	0.16 bp	9.5 bp −$9	10.6 bp −$106	doesn't fit	doesn't fit
Sell Bullet live order book, 55 min ago	0.54 bp	6.5 bp −$7	17.7 bp −$177	doesn't fit	doesn't fit

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	−0.0395%	1h	92.910	+0.014%	$198K	$365K	15x	as long as short
Aster CLUSD1	−0.0283%	4h	92.974	+0.083%	$24.0M	$72.3M	20x	as long as short
GRVT CL_USDT_Perp	−0.0258%	4h	92.840	−0.061%	$53K	$631K	25x	as long as short
Binance CLUSDT	−0.0243%	4h	92.920	+0.025%	$245.0M	$975.2M	100x	as long as short
Variational Omni CL	−0.0240%	4h	92.898	+0.001%	$13.4M	$11.0M	—	as long as short
Gate CL_USDT	−0.0110%	8h	92.910	+0.014%	$20.9M	$53.9M	100x	as long as short
Nado WTI-PERP	−0.0070%	1h	92.995	+0.105%	$964K	$675K	10x	as long as short
Coinbase International WTIOIL-PERP-INTX	−0.0048%	1h	92.750	−0.158%	$402K	$946K	15x	as long as short
tradeXYZ xyz:CLlong	−0.0044%	1h	92.897	long leg	$184.6M	$220.5M	20x
Kraken Futures PF_WTIOILUSD	−0.0038%	1h	92.974	+0.083%	$274K	$884K	25x	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	−0.0033%	1h	92.900	+0.003%	$2.5M	$1.7M	10x	as long as short
Ondo Perps WTI-USD.P	−0.0028%	1h	92.900	+0.003%	$3.5M	$5.7M	20x	as long as short
OKX CL-USDT-SWAP	−0.0016%	4h	92.910	+0.014%	$42.9M	$104.9M	50x	as long as short
dYdX WTI-USD	0.0000%	1h	92.911	+0.015%	$8K	$3K	5x	as long as short
Bybit CLUSDT	0.0000%	8h	92.930	+0.036%	$27.0M	$82.1M	150x	as long as short
Bitget CLUSDT	0.0000%	4h	92.892	−0.005%	$42.0M	$43.9M	100x	as long as short
Phoenix WTIOIL	0.0000%	1h	92.920	+0.025%	$37K	$51K	20x	as long as short
Bullet WTIOIL-USDshort	0.0000%	1h	92.908	+0.012%	$18K	$240K	10x
gTrade (Gains Network) WTI/USD	L 0.0000% / S +0.0036%	1h	92.438	−0.494%	$5K	—	150x	as long as short
Aftermath Perps WTIUSD	+0.0012%	1h	92.889	−0.009%	$2K	$28K	5x	as long as short
Paradex CL-USD-PERP	+0.0030%	8h	92.937	+0.043%	$16K	$367	5x	as long as short
Lighter WTI	+0.0032%	1h	92.953	+0.060%	$11.2M	$10.4M	20x	as long as short
Extended WTI-USD	+0.0032%	1h	92.990	+0.100%	$2.1M	$24.2M	10x	as long as short
RISEx CL/USDC	+0.0037%	1h	93.049	+0.163%	$3.3M	$2.7M	20x	as long as short
StandX CL-USD	+0.0040%	1h	92.370	−0.567%	$726K	$3.0M	40x	as long as short
Vest CL-PERP	+0.0046%	1h	92.920	+0.025%	—	$310K	10x	as long as short
Polymarket Perps WTIOIL-USD	+0.0050%	1h	92.923	+0.028%	$1.6M	$1.3M	20x	as long as short
SoDEX CL-USD	+0.0050%	1h	92.934	+0.040%	$2.1M	$61K	20x	as long as short
edgeX CLUSDC	+0.0061%	4h	92.816	−0.087%	$528K	$303K	30x	as long as short
KuCoin CLUSDTM	+0.0080%	4h	92.928	+0.033%	$7.2M	$2.3M	50x	as long as short
Pacifica CL	+0.0100%	1h	92.960	+0.068%	$332K	$618K	10x	as long as short
ApeX Omni CLUSDT	+0.0100%	1h	92.840	−0.061%	$56K	$265K	50x	as long as short
Aevo WTIOIL-PERP	+0.0104%	1h	92.897	0.000%	$4K	—	10x	as long as short
GMX WTIOIL/USD [ETH-USDC]	L +0.0207% / S −0.0131%	1h	92.895	−0.002%	$78K	—	111x	as long as short
Injective WTI/USDC PERP	+0.0220%	1h	102.04	+9.838%	$19K	$11K	30x	as long as short