CL

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0231%/8h= −25.3% APRpaid last 24h −0.017%

Price spread now: Variational Omni against Coinbase International+0.653%7-day average +0.088% · you sell dearer than you buy

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

Long on Coinbase International Short on Variational Omni

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.115%+$12 on $10k

Price spread, last 3 days (all we have)−0.610%−$61 · spread now +0.653%, 7d avg +0.088%

Together, before fees−0.494%+ Points / potential airdropVariational Omni: Active · farm board−$49 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Variational Omni is 0.565% dearer against Coinbase International than usual: you sell high and buy low (spread +0.653% now, against its 7-day average of +0.088%): +$56 on $10k if it goes back. Holding the pair costs −$7 a day in funding at the current rate, which eats that in about 8.1 days. Mind the row above: over the last 3 days funding on this pair paid +0.115%, so the current rate has only just turned against you.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Coinbase International WTIOIL-PERP-INTX	92.030	−0.0040	get 0.0005% / 1h	12m 07s	$399K	$956K	15x
Short	Variational Omni CL	92.631	−0.0271	pay 0.0136% / 4h	3h 12m	$13.3M	$11.4M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Variational Omni against Coinbase International. 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 Coinbase InternationalbpFee Variational OmnibpOrdersPrice spread, now +0.653%Rate

Funding earned: −$48.59
Price spread: +0.653% → +0.088%: $56.5
Slippage, 4 orders: no order book: not counted
Fee Coinbase International: 5 bp × 2 orders: −$10
Fee Variational Omni: 0 bp × 2 orders: $0
Net: −$2.09
Costs to cover: 0.100%
Break-even: from the start

Slippage unknown: Coinbase International: live order book, 36 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 Coinbase International live order book, 36 min ago	1.63 bp	6.9 bp −$7	8.9 bp −$89	doesn't fit	doesn't fit
Sell Variational Omni RFQ quote, 2 min ago	2.27 bp	doesn't fit	2.5 bp −$25	7.4 bp −$740	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
GRVT CL_USDT_Perp	−0.0360%	4h	92.647	+0.671%	$58K	$684K	25x	as long as short
Aster CLUSD1	−0.0334%	4h	92.610	+0.630%	$24.0M	$75.2M	20x	as long as short
Deribit WTIOIL_USDC-PERPETUAL	−0.0290%	1h	92.580	+0.598%	$123K	$275K	15x	as long as short
Binance CLUSDT	−0.0280%	4h	92.612	+0.632%	$244.5M	$1.03B	100x	as long as short
Variational Omni CLshort	−0.0271%	4h	92.631	+0.653%	$13.3M	$11.4M	—
Gate CL_USDT	−0.0212%	8h	92.550	+0.565%	$21.3M	$55.5M	100x	as long as short
Kraken Futures PF_WTIOILUSD	−0.0120%	1h	92.610	+0.630%	$274K	$913K	25x	as long as short
Ondo Perps WTI-USD.P	−0.0055%	1h	92.610	+0.630%	$3.6M	$5.9M	20x	as long as short
Nado WTI-PERP	−0.0052%	1h	92.653	+0.677%	$934K	$708K	10x	as long as short
Coinbase International WTIOIL-PERP-INTXlong	−0.0040%	1h	92.030	long leg	$399K	$956K	15x

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
QFEX CL-USD	−0.0040%	1h	92.590	+0.608%	$2.4M	$1.7M	10x	as long as short
tradeXYZ xyz:CL	−0.0032%	1h	92.624	+0.645%	$185.8M	$237.1M	20x	as long as short
dYdX WTI-USD	0.0000%	1h	92.666	+0.691%	$8K	$3K	5x	as long as short
Bybit CLUSDT	0.0000%	8h	92.630	+0.652%	$26.5M	$89.4M	150x	as long as short
OKX CL-USDT-SWAP	0.0000%	4h	92.590	+0.608%	$43.0M	$108.5M	50x	as long as short
RISEx CL/USDC	0.0000%	1h	92.726	+0.756%	$3.3M	$2.7M	20x	as long as short
Bitget CLUSDT	0.0000%	4h	92.617	+0.638%	$42.2M	$48.2M	100x	as long as short
Phoenix WTIOIL	0.0000%	1h	92.710	+0.739%	$37K	$66K	20x	as long as short
Bullet WTIOIL-USD	0.0000%	1h	92.591	+0.609%	$19K	$240K	10x	as long as short
gTrade (Gains Network) WTI/USD	L 0.0000% / S +0.0036%	1h	92.144	+0.124%	$5K	—	150x	as long as short
Paradex CL-USD-PERP	+0.0005%	8h	92.597	+0.616%	$15K	$367	5x	as long as short
Extended WTI-USD	+0.0008%	1h	92.620	+0.641%	$2.3M	$25.9M	10x	as long as short
Lighter WTI	+0.0024%	1h	92.591	+0.610%	$11.2M	$10.2M	20x	as long as short
StandX CL-USD	+0.0040%	1h	92.320	+0.315%	$722K	$3.1M	40x	as long as short
Vest CL-PERP	+0.0046%	1h	92.640	+0.663%	—	$310K	10x	as long as short
Polymarket Perps WTIOIL-USD	+0.0050%	1h	92.606	+0.626%	$1.6M	$1.4M	20x	as long as short
SoDEX CL-USD	+0.0050%	1h	92.580	+0.598%	$2.0M	$38K	20x	as long as short
KuCoin CLUSDTM	+0.0082%	4h	92.592	+0.611%	$7.2M	$2.3M	50x	as long as short
edgeX CLUSDC	+0.0095%	4h	92.657	+0.681%	$533K	$300K	30x	as long as short
Pacifica CL	+0.0100%	1h	92.610	+0.631%	$356K	$602K	10x	as long as short
ApeX Omni CLUSDT	+0.0100%	1h	92.670	+0.695%	$56K	$265K	50x	as long as short
Aevo WTIOIL-PERP	+0.0104%	1h	92.570	+0.586%	$4K	—	10x	as long as short
Aftermath Perps WTIUSD	+0.0162%	1h	92.643	+0.666%	$2K	$28K	5x	as long as short
GMX WTIOIL/USD [ETH-USDC]	L +0.0206% / S −0.0131%	1h	92.585	+0.603%	$78K	—	111x	as long as short
Injective WTI/USDC PERP	+0.0220%	1h	101.69	+10.497%	$19K	$11K	30x	as long as short
BloFin CL-USDT	+0.0240%	4h	92.640	+0.663%	$4.0M	$1.2M	50x	as long as short