CL

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0240%/8h= −26.3% APRnext payment −$1.20 per $10,000 · paid last 24h −0.077%

Price spread now: Variational Omni against BloFin+0.045%101s7-day average 0.000% · you sell dearer than you buy

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

Long on BloFin Short on Variational Omni

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.214%−$21 on $10k

Price spread, last 3 days (all we have)+0.149%+$15 · spread now +0.045%, 7d avg 0.000%

Together, before fees−0.065%+ Points / potential airdropVariational Omni: Active · farm board−$6 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Variational Omni is 0.045% dearer against BloFin than usual: you sell high and buy low (spread +0.045% now, against its 7-day average of 0.000%): +$5 on $10k if it goes back. Holding the pair costs −$7 a day in funding at the current rate, which eats that in about 15 hours. The two prices were read 101 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BloFin CL-USDT	91.950	0.0240	pay 0.0120% / 4h	2h 21m	$4.0M	$1.5M	50x
Short	Variational Omni CL	91.992	0	get 0.0000% / 4h	2h 21m	$13.7M	$16.1M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Variational Omni against BloFin. 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 BloFinbpFee Variational OmnibpOrdersPrice spread, now +0.045%Rate

Funding earned: −$50.4
Price spread: +0.045% → 0.000%: $4.55
Slippage, 4 orders: no order book: not counted
Fee BloFin: 6 bp × 2 orders: −$12
Fee Variational Omni: 0 bp × 2 orders: $0
Net: −$57.85
Costs to cover: 0.120%
Break-even: never at this rate

Slippage unknown: BloFin: live order book, 2 min ago; Variational Omni: RFQ quote, 3 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 BloFin live order book, 2 min ago	1.09 bp	7.1 bp −$7	9.9 bp −$99	18.5 bp −$1,855	doesn't fit
Sell Variational Omni RFQ quote, 3 min ago	2.27 bp	doesn't fit	4.0 bp −$40	12.5 bp −$1,255	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
QFEX CL-USD	−0.0019%	1h	91.960	+0.011%	$2.4M	$2.8M	10x	as long as short
Aster CLUSD1	0.0000%	4h	92.007	+0.062%	$24.6M	$77.1M	20x	as long as short
dYdX WTI-USD	0.0000%	1h	91.916	−0.037%	$8K	$3K	5x	as long as short
Binance CLUSDT	0.0000%	4h	91.930	−0.022%	$246.8M	$1.14B	100x	as long as short
Bybit CLUSDT	0.0000%	8h	91.950	0.000%	$25.4M	$100.3M	150x	as long as short
OKX CL-USDT-SWAP	0.0000%	4h	91.930	−0.022%	$43.0M	$117.1M	50x	as long as short
Gate CL_USDT	0.0000%	8h	91.860	−0.098%	$21.2M	$63.2M	100x	as long as short
Bitget CLUSDT	0.0000%	4h	91.935	−0.016%	$42.2M	$68.6M	100x	as long as short
Variational Omni CLshort	0.0000%	4h	91.992	+0.045%	$13.7M	$16.1M	—
GRVT CL_USDT_Perp	0.0000%	4h	91.969	+0.021%	$58K	$782K	25x	as long as short

Show all 35 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bullet WTIOIL-USD	0.0000%	1h	91.924	−0.028%	$18K	$241K	10x	as long as short
Deribit WTIOIL_USDC-PERPETUAL	0.0000%	1h	91.940	−0.011%	$95K	$290K	15x	as long as short
Aftermath Perps WTIUSD	+0.0001%	1h	91.931	−0.021%	$2K	$31K	5x	as long as short
Phoenix WTIOIL	+0.0009%	1h	92.020	+0.076%	$33K	$99K	20x	as long as short
Lighter WTI	+0.0032%	1h	91.922	−0.030%	$11.0M	$12.3M	20x	as long as short
Extended WTI-USD	+0.0032%	1h	92.009	+0.064%	$1.9M	$29.7M	10x	as long as short
Injective WTI/USDC PERP	+0.0033%	1h	92.044	+0.102%	$17K	$18K	30x	as long as short
Kraken Futures PF_WTIOILUSD	+0.0040%	1h	91.933	−0.019%	$257K	$1.3M	25x	as long as short
StandX CL-USD	+0.0040%	1h	91.980	+0.033%	$725K	$3.1M	40x	as long as short
Coinbase International WTIOIL-PERP-INTX	+0.0040%	1h	92.080	+0.141%	$393K	$1.3M	15x	as long as short
Vest CL-PERP	+0.0046%	1h	92.020	+0.076%	—	$243K	10x	as long as short
tradeXYZ xyz:CL	+0.0050%	1h	91.933	−0.018%	$182.2M	$294.3M	20x	as long as short
Polymarket Perps WTIOIL-USD	+0.0050%	1h	91.958	+0.009%	$1.6M	$1.4M	20x	as long as short
SoDEX CL-USD	+0.0050%	1h	91.926	−0.026%	$2.0M	$40K	20x	as long as short
Ondo Perps WTI-USD.P	+0.0050%	1h	91.920	−0.033%	$3.5M	$6.6M	20x	as long as short
edgeX CLUSDC	+0.0060%	4h	91.956	+0.006%	$529K	$342K	30x	as long as short
Paradex CL-USD-PERP	+0.0092%	8h	91.925	−0.027%	$15K	$367	5x	as long as short
Pacifica CL	+0.0100%	1h	91.944	−0.007%	$332K	$573K	10x	as long as short
KuCoin CLUSDTM	+0.0100%	4h	91.930	−0.022%	$7.4M	$2.1M	50x	as long as short
ApeX Omni CLUSDT	+0.0100%	1h	92.080	+0.141%	$55K	$265K	50x	as long as short
Aevo WTIOIL-PERP	+0.0104%	1h	91.941	−0.010%	$4K	$49	10x	as long as short
Nado WTI-PERP	+0.0193%	1h	91.910	−0.044%	$880K	$788K	10x	as long as short
GMX WTIOIL/USD [ETH-USDC]	L +0.0211% / S −0.0127%	1h	91.925	−0.027%	$76K	—	29x	as long as short
BloFin CL-USDTlong	+0.0240%	4h	91.950	long leg	$4.0M	$1.5M	50x
RISEx CL/USDC	+0.0266%	1h	92.061	+0.121%	$3.2M	$2.7M	20x	as long as short