CL funding rates and arbitrage
Updated 2026-10-29 14:51 UTC
Best CL arbitrage after every cost
No CL pair nets a profit at this size right now.
At $10,000 per side, held 7 days, after taker fees, order-book slippage and carry.
CL funding rate on every exchange
| Exchange | Contract | Rate | Every | Annualised | Settled 7d, annualised | Open interest | Next settlement |
|---|---|---|---|---|---|---|---|
| WhiteBIT | CL_PERP | 0.0100% | 4 h | +21.9% | −2.0% | $71.2M | 2026-10-29 16:00 |
| Pacifica | CL | 0.0013% | 1 h | +10.9% | −5.0% | $339.2K | 2026-10-29 15:00 |
| ApeX | CL-USDT | 0.0013% | 1 h | +10.9% | +10.6% | $225.4K | 2026-10-29 15:00 |
| PopDEX | CLUSDT | 0.0006% | 1 h | +5.5% | −0.3% | — | 2026-10-29 15:00 |
| Hyperliquid | xyz:CL | 0.0006% | 1 h | +5.5% | −1.8% | $241.1M | 2026-10-29 15:00 |
| StandX | CL-USD | 0.0005% | 1 h | +4.4% | — | $60.8K | 2026-10-29 15:00 |
| Aster | CLUSDT | 0.0000% | 4 h | 0.0% | −7.9% | $1.8M | 2026-10-29 16:00 |
| RISEx | CL/USDC | 0.0000% | 1 h | 0.0% | — | $3.1M | 2026-10-29 15:00 |
| Gate | CL_USDT | 0.0000% | 8 h | 0.0% | −8.0% | $91.6M | 2026-10-29 16:00 |
| OKX | CL-USDT-SWAP | -0.0004% | 4 h | −0.8% | −12.5% | $62.4M | 2026-10-29 16:00 |
| Paradex | CL-USD-PERP | -0.0013% | 8 h | −1.4% | — | $286.9K | 2026-10-29 16:00 |
| QFEX | CL-USD | -0.0002% | 1 h | −1.9% | — | $4M | 2026-10-29 14:59 |
| Bitget | CLUSDT | -0.0014% | 4 h | −3.1% | −14.5% | $59.7M | 2026-10-29 16:00 |
| KuCoin | CLUSDTM | -0.0015% | 4 h | −3.3% | −17.6% | $5.5M | 2026-10-29 16:00 |
| Bitunix | CLUSDT | -0.0029% | 4 h | −6.4% | −8.5% | — | 2026-10-29 16:00 |
| Binance | CLUSDT | -0.0041% | 4 h | −9.0% | −7.7% | $385M | 2026-10-29 16:00 |
| Bybit | CLUSDT | -0.0089% | 8 h | −9.7% | −12.0% | $44.5M | 2026-10-29 16:00 |
| BingX | NCCO1OILWTI2USD-USDT | -0.0045% | 4 h | −9.9% | −22.6% | $2.2M | 2026-10-29 16:00 |
| Variational | CL-PERP | -0.0047% | 4 h | −10.4% | — | $6.1M | 2026-10-29 16:00 |
| TXFlow | CL-USDC | -0.0016% | 1 h | −14.2% | — | $377.6K | 2026-10-29 15:00 |
| GRVT | CL_USDT_Perp | -0.0069% | 4 h | −15.1% | −19.1% | $138K | 2026-10-29 16:00 |
| Crypto.com | CLUSD-PERP | -0.0082% | 1 h | −71.4% | −37.3% | $1.3M | 2026-10-29 15:00 |
Cost to enter $10,000 of CL
| Exchange | Contract | Fee + slippage | Source |
|---|---|---|---|
| Hyperliquid | xyz:CL | 1.4 bp | order-book snapshot, 22 min old |
| Aster | CLUSDT | 3.0 bp | order-book snapshot, 8 min old |
| Bybit | CLUSDT | 3.2 bp | order-book snapshot, 37 min old |
| OKX | CL-USDT-SWAP | 5.5 bp * | order-book snapshot, 39 min old |
| Binance | CLUSDT | 5.5 bp * | order-book snapshot, 41 min old |
| BingX | NCCO1OILWTI2USD-USDT | 6.0 bp | order-book snapshot, 27 min old |
| Bitget | CLUSDT | 8.1 bp | order-book snapshot, 33 min old |
| Gate | CL_USDT | 8.3 bp | order-book snapshot, 35 min old |
| Paradex | CL-USD-PERP | 1706.0 bp | order-book snapshot, 16 min old |
| GRVT | CL_USDT_Perp | 5.5 bp | top of book only |
| KuCoin | CLUSDTM | 7.9 bp | top of book only |
Taker fee plus slippage of a market buy of $10,000 from the mid price, at standard (VIP0) fees. * fee estimated: the exchange publishes no fee schedule without an account.
Questions
Is CL funding-rate arbitrage profitable right now?
Not at $10,000 per side for 7 days: no CL pair shows a verified profit after fees and order-book slippage right now. Rates change every hour; the live page re-ranks continuously.
Which exchange has the highest CL funding rate?
WhiteBIT at +21.9% a year (0.0100% every 4 h); the lowest is Crypto.com at −71.4%. A positive rate is paid by longs to shorts, a negative one by shorts to longs.
The method behind every number on AfterFees is published; Pro opens each figure into its line-by-line calculation. Estimates from current data, not investment advice. We never hold funds or trade for you.