CL

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0040%/8h= −4.4% APRnext payment −$0.20 per $10,000 · paid last 24h −0.016%

Price spread now: Variational Omni against Bitget−0.118%7-day average −0.020% · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Bitget Short on Variational Omni

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)+0.007%+$1 on $10k

Price spread, last 7 days+0.109%+$11 · spread now −0.118%, 7d avg −0.020%

Together, before fees+0.117%+ Points / potential airdropVariational Omni: Active · farm board+$12 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Variational Omni is 0.098% cheaper against Bitget than usual: you would sell low and buy high (−$10 if the spread goes back to its 7-day average of −0.020%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget CLUSDT	93.299	−0.0132	get 0.0066% / 4h	3h 12m	$42.0M	$43.2M	100x
Short	Variational Omni CL	93.189	−0.0172	pay 0.0086% / 4h	3h 12m	$13.4M	$10.9M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Variational Omni against Bitget. 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 BitgetbpFee Variational OmnibpOrdersPrice spread, now −0.118%Rate

Funding earned: −$8.5
Price spread: −0.118% → −0.020%: −$9.78
Slippage, 4 orders: no order book: not counted
Fee Bitget: 6 bp × 2 orders: −$12
Fee Variational Omni: 0 bp × 2 orders: $0
Net: −$30.28
Costs to cover: 0.120%
Break-even: never at this rate

Slippage unknown: Bitget: live order book, 1 min ago; Variational Omni: RFQ quote, 2 min ago. Net counts fees only.

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 Bitget live order book, 1 min ago	0.43 bp	7.8 bp −$8	9.5 bp −$95	doesn't fit	doesn't fit
Sell Variational Omni RFQ quote, 2 min ago	2.26 bp	doesn't fit	2.6 bp −$26	5.7 bp −$565	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	−0.0500%	1h	93.280	−0.020%	$199K	$370K	15x	as long as short
GRVT CL_USDT_Perp	−0.0340%	4h	93.224	−0.081%	$58K	$656K	25x	as long as short
Aster CLUSD1	−0.0281%	4h	93.348	+0.053%	$24.3M	$65.9M	20x	as long as short
Binance CLUSDT	−0.0188%	4h	93.330	+0.033%	$246.5M	$939.9M	100x	as long as short
Variational Omni CLshort	−0.0172%	4h	93.189	−0.118%	$13.4M	$10.9M	—
Bitget CLUSDTlong	−0.0132%	4h	93.299	long leg	$42.0M	$43.2M	100x
Ondo Perps WTI-USD.P	−0.0130%	1h	93.260	−0.042%	$3.5M	$5.4M	20x	as long as short
Aftermath Perps WTIUSD	−0.0129%	1h	93.251	−0.052%	$2K	$27K	5x	as long as short
Nado WTI-PERP	−0.0117%	1h	93.339	+0.043%	$966K	$630K	10x	as long as short
edgeX CLUSDC	−0.0072%	4h	93.225	−0.079%	$524K	$307K	30x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Gate CL_USDT	−0.0068%	8h	93.260	−0.042%	$21.4M	$51.5M	100x	as long as short
OKX CL-USDT-SWAP	−0.0063%	4h	93.310	+0.012%	$42.7M	$103.0M	50x	as long as short
Kraken Futures PF_WTIOILUSD	−0.0061%	1h	93.319	+0.021%	$282K	$958K	25x	as long as short
tradeXYZ xyz:CL	−0.0057%	1h	93.317	+0.019%	$184.7M	$217.7M	20x	as long as short
Coinbase International WTIOIL-PERP-INTX	−0.0040%	1h	93.160	−0.149%	$403K	$929K	15x	as long as short
QFEX CL-USD	−0.0033%	1h	93.290	−0.010%	$2.3M	$2.0M	10x	as long as short
Paradex CL-USD-PERP	−0.0027%	8h	93.299	0.000%	$16K	$367	5x	as long as short
Phoenix WTIOIL	−0.0009%	1h	93.310	+0.012%	$37K	$41K	20x	as long as short
Lighter WTI	0.0000%	1h	93.308	+0.010%	$11.2M	$10.3M	20x	as long as short
dYdX WTI-USD	0.0000%	1h	93.329	+0.033%	$8K	$3K	5x	as long as short
Bybit CLUSDT	0.0000%	8h	93.330	+0.033%	$27.0M	$80.5M	150x	as long as short
RISEx CL/USDC	0.0000%	1h	93.366	+0.072%	$3.1M	$2.9M	20x	as long as short
Bullet WTIOIL-USD	0.0000%	1h	93.290	−0.009%	$19K	$241K	10x	as long as short
gTrade (Gains Network) WTI/USD	L 0.0000% / S +0.0036%	1h	92.850	−0.481%	$5K	—	150x	as long as short
KuCoin CLUSDTM	+0.0008%	4h	93.314	+0.016%	$7.1M	$2.4M	50x	as long as short
Extended WTI-USD	+0.0016%	1h	93.350	+0.055%	$2.0M	$18.5M	10x	as long as short
StandX CL-USD	+0.0040%	1h	93.180	−0.128%	$737K	$2.9M	40x	as long as short
Vest CL-PERP	+0.0046%	1h	93.300	+0.001%	—	$313K	10x	as long as short
Polymarket Perps WTIOIL-USD	+0.0050%	1h	93.289	−0.011%	$1.7M	$1.3M	20x	as long as short
SoDEX CL-USD	+0.0050%	1h	93.295	−0.004%	$2.1M	$60K	20x	as long as short
Pacifica CL	+0.0100%	1h	93.315	+0.017%	$331K	$579K	10x	as long as short
ApeX Omni CLUSDT	+0.0100%	1h	93.190	−0.117%	$54K	$267K	50x	as long as short
Aevo WTIOIL-PERP	+0.0104%	1h	93.257	−0.045%	$4K	—	10x	as long as short
BloFin CL-USDT	+0.0178%	4h	93.290	−0.010%	$4.0M	$997K	50x	as long as short
Injective WTI/USDC PERP	+0.0220%	1h	102.37	+9.724%	$19K	$11K	30x	as long as short
GMX WTIOIL/USD [ETH-USDC]	L +0.0224% / S −0.0151%	1h	93.295	−0.004%	$81K	—	111x	as long as short