Settings8H · net · $10k
LanguageThe language of the site
FundingPeriod funding rates are shown in
UnitsPercent or basis points
CostsCount taker fees and slippage in Net
SizePosition per leg used for Net and slippage
ExchangesWhich exchanges to include everywhere
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Funding arb · Price arb / RWA

CL

RWAAll CL markets →
Backtest 30d
LegExchangePriceFund. /8hEach paymentNext inOIVol 24hLev
LONG
AvantisWTI/USD
90.540L +0.0023S +0.0913pay 0.0003% / 1h23m 03s$56K—25xLong Avantis
SHORT
AsterCLUSD1
90.60600.0000% / 4h3h 23m$22.9M$31.1M20xShort Aster≤10% back
Price gap+0.073%48s
Funding gap−0.0023% /8h

The gap pays +$7 on $10k if it goes back to zero (no 7-day history yet), but funding costs $1 a day and eats that in about 11 days. At the last 7 days' pace that is about 21 hours.

If you open now and hold

on $10k a leg · figures of the last 7D, not a forecast
Funding−$58−0.0023% /8h now · paid −0.575% over the last 7D
Price—spread +0.073%48s now · prices read too far apart to compare
Costsno datano order book for Avantis
Result, before costs—+ Points / potential airdropAvantis: Season 3 · Aster: Stage 5 · farm boardneeds both prices read together

Price and funding

1h · history
PRICE SPREAD · 7D
Now+0.073%
Average—
Range—
Wider than now—
FUNDING SPREAD · 7D
Average /8h—
Highest—
Lowest—
Paid you—

Where the spread has been, last 7D

share of time at each level

Funding on every exchange

/8h

CL on 38 exchanges

lowest funding first

Before you open

2 ok · 3 to watch
  • Note: Order book unknown—
    No order-book sample for Avantis: its slippage is not counted.
  • Note: Margin at max leverage$400 + $500
    Avantis 25x, Aster 20x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
  • Watch: Payment intervals differ1h / 4h
    Payments land at different times. Close right after the slower leg pays.
    Next 24h at the current rates, on $10k a leg: −$0.68Long Avantis: 24 payments, −$0.68; short Aster: 6 payments, $0.00.
  • Watch: Prices read 48 s apart+0.073% vs —
    Part of this gap may be the market moving.
  • Watch: Long leg is thinner$56K vs $22.9M OI
    Avantis sets your exit cost. Check its book before closing.
  • OK: Points on a legAvantis Season 3 · Aster Stage 5
    Volume here counts toward the points program.
  • OK: No KYC on either legAvantis No · Aster No
    Both exchanges let you trade without ID.

Profit calculator

both legs, in and out
Position, each leg
Hold for
Orders
Price spread
Funding rate
Funding earned−0.0274%/8h × 21 periods−$57.54
Price spreadprices read too far apart to compare—
Slippage, 4 ordersno data for Avantis—
Fee Avantis bp × 2 orders−$20.00
Fee Aster bp × 2 orders−$8.00
Net, fees only · 7 days · $10k−$85.54
price spread not counted: prices read too far apart
Costs to cover0.280%Break-evennever at this rate
Slippage: Avantis: no order-book sample; Aster: live order book, 2 min ago

Cost to enter

taker + slippage from mid, one side
BUY · LONGAvantis—————
SELL · SHORTAster0.554.6 bp−$55.8 bp−$58doesn’t fitdoesn’t fit

Closing costs about the same again.
Avantis: no data.

Alert

CL news

posts that mention CL or Crude oil (WTI), from every exchangeSearch all news →
09-25 16:46KalshiOtherBREAKING: WTI oil down nearly 3% in the last 1 hour as Al Jazeera reports US-Iran talks have entered "technical stage" @Kalshi on X ↗
09-25 13:31Vest MarketsOtherAt the open, $CL is down around 2%, with Iran proposing on Thursday to reopen the Strait of Hormuz within seven days. Negotiators are exploring a phased arrangement in which Tehran reopens the strait and Washington lifts its economic blockade of Iran, per Reuters. Trade $CL volatility with a Vest Capital funded account and access up to $25k in trading capital. @VestExchange on X ↗