# CL funding rates and arbitrage

Updated 2026-10-29 19:06 UTC · https://afterfees.xyz/coin/CL

## Best CL arbitrage after every cost

| Coin | Pair | Long | Short | Net · 168 h | Net APR | Max size | Status |
|---|---|---|---|---|---|---|---|
| [CL](https://afterfees.xyz/coin/CL) | Perp ↔ perp | [BingX](https://afterfees.xyz/venues/bingx) NCCO1OILWTI2USD-USDT | [Gate](https://afterfees.xyz/venues/gate) CL_USDT | — | — | — | Watch |
| [CL](https://afterfees.xyz/coin/CL) | Perp ↔ perp | [BingX](https://afterfees.xyz/venues/bingx) NCCO1OILWTI2USD-USDT | [OKX](https://afterfees.xyz/venues/okx) CL-USDT-SWAP | — | — | — | Watch |

_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](https://afterfees.xyz/venues/whitebit) | CL_PERP | 0.0100% | 4 h | +21.9% | −1.0% | $69.2M | 2026-10-29 20:00 |
| [ApeX](https://afterfees.xyz/venues/apex) | CL-USDT | 0.0013% | 1 h | +10.9% | +10.6% | $229.5K | 2026-10-29 20:00 |
| [Pacifica](https://afterfees.xyz/venues/pacifica) | CL | 0.0009% | 1 h | +8.1% | −4.7% | $369K | 2026-10-29 20:00 |
| [PopDEX](https://afterfees.xyz/venues/popdex) | CLUSDT | 0.0006% | 1 h | +5.5% | −0.3% | — | 2026-10-29 20:00 |
| [StandX](https://afterfees.xyz/venues/standx) | CL-USD | 0.0005% | 1 h | +4.4% | — | $61.9K | 2026-10-29 20:00 |
| [Hyperliquid](https://afterfees.xyz/venues/hyperliquid) | xyz:CL | 0.0002% | 1 h | +1.4% | −1.6% | $236.5M | 2026-10-29 20:00 |
| [RISEx](https://afterfees.xyz/venues/risex) | CL/USDC | 0.0000% | 1 h | 0.0% | — | $3.2M | 2026-10-29 20:00 |
| [QFEX](https://afterfees.xyz/venues/qfex) | CL-USD | -0.0005% | 1 h | −4.3% | — | $4.2M | 2026-10-29 20:00 |
| [Paradex](https://afterfees.xyz/venues/paradex) | CL-USD-PERP | -0.0050% | 8 h | −5.4% | — | $292.5K | 2026-10-30 00:00 |
| [Aster](https://afterfees.xyz/venues/aster) | CLUSDT | -0.0026% | 4 h | −5.7% | −7.9% | $1.9M | 2026-10-29 20:00 |
| [KuCoin](https://afterfees.xyz/venues/kucoin) | CLUSDTM | -0.0038% | 4 h | −8.3% | −17.5% | $5.7M | 2026-10-29 20:00 |
| [Variational](https://afterfees.xyz/venues/variational) | CL-PERP | -0.0056% | 4 h | −12.3% | — | $5.8M | 2026-10-29 20:00 |
| [Bitget](https://afterfees.xyz/venues/bitget) | CLUSDT | -0.0058% | 4 h | −12.7% | −14.4% | $61.6M | 2026-10-29 20:00 |
| [Binance](https://afterfees.xyz/venues/binance) | CLUSDT | -0.0060% | 4 h | −13.2% | −8.0% | $372.8M | 2026-10-29 20:00 |
| [Crypto.com](https://afterfees.xyz/venues/cryptocom) | CLUSD-PERP | -0.0015% | 1 h | −13.5% | −36.9% | $1.2M | 2026-10-29 20:00 |
| [Gate](https://afterfees.xyz/venues/gate) | CL_USDT | -0.0130% | 8 h | −14.2% | −8.2% | $96.2M | 2026-10-30 00:00 |
| [Bitunix](https://afterfees.xyz/venues/bitunix) | CLUSDT | -0.0077% | 4 h | −16.9% | −8.7% | — | 2026-10-29 20:00 |
| [OKX](https://afterfees.xyz/venues/okx) | CL-USDT-SWAP | -0.0092% | 4 h | −20.2% | −12.4% | $64.1M | 2026-10-29 20:00 |
| [GRVT](https://afterfees.xyz/venues/grvt) | CL_USDT_Perp | -0.0102% | 4 h | −22.3% | −19.3% | $141.5K | 2026-10-29 20:00 |
| [TXFlow](https://afterfees.xyz/venues/txflow) | CL-USDC | -0.0032% | 1 h | −27.7% | — | $475.5K | 2026-10-29 20:00 |
| [BingX](https://afterfees.xyz/venues/bingx) | NCCO1OILWTI2USD-USDT | -0.0165% | 4 h | −36.1% | −22.7% | $2.2M | 2026-10-29 20:00 |
| [Bybit](https://afterfees.xyz/venues/bybit) | CLUSDT | -0.0332% | 8 h | −36.4% | −12.2% | $48.9M | 2026-10-30 00:00 |

## Cost to enter $10,000 of CL

| Exchange | Contract | Fee + slippage | Source |
|---|---|---|---|
| Hyperliquid | xyz:CL | 1.4 bp | live order book |
| Aster | CLUSDT | 1.8 bp | live order book |
| Bybit | CLUSDT | 3.2 bp | live order book |
| Binance | CLUSDT | 5.5 bp * | live order book |
| BingX | NCCO1OILWTI2USD-USDT | 5.5 bp | live order book |
| OKX | CL-USDT-SWAP | 5.5 bp * | order-book snapshot, 56 min old |
| Bitget | CLUSDT | 7.4 bp | live order book |
| KuCoin | CLUSDTM | 9.5 bp | live order book |
| Gate | CL_USDT | 10.6 bp | order-book snapshot, 52 min old |
| Paradex | CL-USD-PERP | 2064.8 bp | order-book snapshot, 32 min old |
| GRVT | CL_USDT_Perp | 5.0 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 Bybit at −36.4%. 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._