CL

Leg	Exchange	Price	Fund. /8h	Each payment	Next in	OI	Vol 24h	Lev
LONG	DeribitWTIOIL_USDC-PERPETUAL	90.140	−0.0083	get 0.0010% / 1h	43m 21s	$194K	$6.0M	15x	Long Deribit
SHORT	AvantisWTI/USD	90.335	L +0.0023S +0.0913	pay 0.0114% / 1h	43m 21s	$56K	—	25x	Short Avantis

Price gap+0.216%

Funding gap−0.0831% /8h

The gap pays +$22 on $10k if it goes back to zero (no 7-day history yet), but funding costs $25 a day and eats that in about 21 hours.

If you open now and hold

on $10k a leg · figures of the last 7D, not a forecast

Funding+$33−0.0831% /8h now · paid +0.327% over the last 7D

Price—spread +0.216% now · no price history on both exchanges yet

Costsno datano order book for Avantis

Result, before costs—+ Points / potential airdropAvantis: Season 3 · farm boardneeds both price histories

The current funding rate is far below what this pair has been paying: over the last 7 days it paid +0.327% in total, about +0.0156%/8h on average.

Price and funding

1h · history

Price spread

Prices

Fundingper 8h

PRICE SPREAD · 7D

Now+0.216%

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 · 2 to watch

Note: Order book unknown—
No order-book sample for Avantis: its slippage is not counted.
Note: Margin at max leverage$667 + $400
Deribit 15x, Avantis 25x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
OK: Same payment interval1h / 1h
Both legs pay at the same time.
Next 24h at the current rates, on $10k a leg: −$24.92Long Deribit: 24 payments, +$2.48; short Avantis: 24 payments, −$27.40.
Note: No 7-day spread history+0.216%
The gap cannot be compared with its average yet.
Watch: Short leg is thinner$56K vs $194K OI
Avantis sets your exit cost. Check its book before closing.
OK: Points on a legAvantis Season 3
Volume here counts toward the points program.
Watch: KYCDeribit Yes · Avantis No
ID, proof of address and a financial profile before any deposit; not for the US, Canada, Japan or retail UK clients.

Profit calculator

both legs, in and out

Position, each leg

Hold for

Orders

Price spread

Funding rate

Funding earned+0.0156%/8h × 21 periods+$32.75

Price spread+0.216% → 0+$21.63

Slippage, 4 ordersno data for Avantis—

Fee Deribit bp × 2 orders−$7.00

Fee Avantis bp × 2 orders−$20.00

Net, fees only · 7 days · $10k+$27.38

Costs to cover0.270%Break-even1.1 days

Slippage: Deribit: live order book, 2 min ago; Avantis: no order-book sample

Cost to enter

taker + slippage from mid, one side

BUY · LONGDeribit0.565.1 bp−$55.9 bp−$59doesn’t fitdoesn’t fit

SELL · SHORTAvantis—————

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

CL news

posts that mention CL or Crude oil (WTI), from every exchangeSearch all news →

09-25 16:46	Kalshi	Other	BREAKING: 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 13:31	Vest Markets	Other	At 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 ↗

CL