Funding you earn now, next payment 05:00 UTC+0.0654%/8h= +71.6% APRnext payment +$0.82 per $10,000 · paid last 24h +0.045%
Price spread now: Vest against Deribit+0.054%7-day average −0.878% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)+0.031%+$3 on $10k
+Price spread, last 4 days (all we have)−0.100%−$10 · spread now +0.054%, 7d avg −0.878%
=Together, before fees−0.069%+ Points / potential airdropVest: Active · farm board−$7 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$20 a day on $10k at the current rate, and Vest is 0.932% dearer against Deribit than usual: you sell high and buy low: +$93 more if the spread goes back to its 7-day average of −0.878%.
The current funding rate is far above what this pair has been paying: over the last 3 days it paid 0.031% in total (about 3.3% a year). A funding rate is set anew for every payment; at this rate the next one is about +$0.82 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Deribit WTIOIL_USDC-PERPETUAL | 93.140 | −0.0608 | get 0.0076% / 1h | 28m 23s | $199K | $370K | 15x |
| Short | Vest CL-PERP | 93.190 | 0.0046 | get 0.0006% / 1h | 28m 23s | — | $313K | 10x |
Deribit WTIOIL_USDC-PERPETUAL
Vest CL-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Vest against Deribit. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $137.31
- Price spread: +0.054% → −0.878%
- $93.18
- Slippage, 4 orders
- no order book: not counted
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee Vest: 1 bp × 2 orders
- −$2
- Net
- $221.5
- Costs to cover
- 0.090%
- Break-even
- from the start
Slippage unknown: Deribit: live order book, 25 min ago; Vest: no order-book sample. 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 Deribit live order book, 25 min ago | 0.54 bp | 4.0 bp −$4 | 7.1 bp −$71 | doesn't fit | doesn't fit |
| Sell Vest no order-book sample | — | — | — | — | — |
Vest: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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-PERPETUALlong | −0.0608% | 1h | 93.140 | long leg | $199K | $370K | 15x | |
| GRVT CL_USDT_Perp | −0.0274% | 4h | 93.161 | +0.022% | $54K | $645K | 25x | as long as short |
| Aster CLUSD1 | −0.0260% | 4h | 93.211 | +0.076% | $24.2M | $66.6M | 20x | as long as short |
| Binance CLUSDT | −0.0174% | 4h | 93.180 | +0.043% | $245.5M | $940.8M | 100x | as long as short |
| Variational Omni CL | −0.0156% | 4h | 93.159 | +0.020% | $13.4M | $10.9M | — | as long as short |
| Bitget CLUSDT | −0.0126% | 4h | 93.164 | +0.026% | $41.9M | $43.2M | 100x | as long as short |
| Nado WTI-PERP | −0.0121% | 1h | 93.228 | +0.094% | $964K | $631K | 10x | as long as short |
| Ondo Perps WTI-USD.P | −0.0120% | 1h | 93.220 | +0.086% | $3.5M | $5.4M | 20x | as long as short |
| Aftermath Perps WTIUSD | −0.0111% | 1h | 93.225 | +0.092% | $2K | $27K | 5x | as long as short |
| Kraken Futures PF_WTIOILUSD | −0.0061% | 1h | 93.176 | +0.039% | $278K | $953K | 25x | as long as short |
GRVT CL_USDT_Perp
Aster CLUSD1
Binance CLUSDT
Variational Omni CL
Bitget CLUSDT
Nado WTI-PERP
Ondo Perps WTI-USD.P
Aftermath Perps WTIUSD
Kraken Futures PF_WTIOILUSDShow all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate CL_USDT | −0.0059% | 8h | 93.120 | −0.021% | $21.2M | $51.4M | 100x | as long as short |
| edgeX CLUSDC | −0.0049% | 4h | 93.216 | +0.081% | $524K | $307K | 30x | as long as short |
| OKX CL-USDT-SWAP | −0.0044% | 4h | 93.160 | +0.021% | $42.7M | $102.7M | 50x | as long as short |
| Coinbase International WTIOIL-PERP-INTX | −0.0040% | 1h | 93.190 | +0.054% | $401K | $927K | 15x | as long as short |
| tradeXYZ xyz:CL | −0.0037% | 1h | 93.175 | +0.038% | $184.4M | $217.9M | 20x | as long as short |
| QFEX CL-USD | −0.0033% | 1h | 93.160 | +0.021% | $2.3M | $1.8M | 10x | as long as short |
| Phoenix WTIOIL | −0.0009% | 1h | 93.210 | +0.075% | $37K | $41K | 20x | as long as short |
| Paradex CL-USD-PERP | −0.0009% | 8h | 93.157 | +0.018% | $16K | $367 | 5x | as long as short |
| dYdX WTI-USD | 0.0000% | 1h | 93.263 | +0.132% | $8K | $3K | 5x | as long as short |
| Bybit CLUSDT | 0.0000% | 8h | 93.187 | +0.050% | $26.9M | $80.5M | 150x | as long as short |
| RISEx CL/USDC | 0.0000% | 1h | 93.243 | +0.110% | $3.1M | $2.9M | 20x | as long as short |
| Bullet WTIOIL-USD | 0.0000% | 1h | 93.184 | +0.047% | $19K | $241K | 10x | as long as short |
| gTrade (Gains Network) WTI/USD | L 0.0000% / S +0.0036% | 1h | 92.740 | −0.429% | $5K | — | 150x | as long as short |
| KuCoin CLUSDTM | +0.0004% | 4h | 93.192 | +0.056% | $7.1M | $2.4M | 50x | as long as short |
| Lighter WTI | +0.0024% | 1h | 93.178 | +0.041% | $11.2M | $10.3M | 20x | as long as short |
| Extended WTI-USD | +0.0032% | 1h | 93.225 | +0.091% | $2.0M | $18.9M | 10x | as long as short |
| StandX CL-USD | +0.0040% | 1h | 93.150 | +0.011% | $736K | $2.9M | 40x | as long as short |
| Vest CL-PERPshort | +0.0046% | 1h | 93.190 | +0.054% | — | $313K | 10x | |
| Polymarket Perps WTIOIL-USD | +0.0050% | 1h | 93.180 | +0.043% | $1.7M | $1.3M | 20x | as long as short |
| SoDEX CL-USD | +0.0050% | 1h | 93.176 | +0.039% | $2.1M | $60K | 20x | as long as short |
| Pacifica CL | +0.0100% | 1h | 93.165 | +0.027% | $331K | $579K | 10x | as long as short |
| ApeX Omni CLUSDT | +0.0100% | 1h | 93.170 | +0.032% | $56K | $266K | 50x | as long as short |
| Aevo WTIOIL-PERP | +0.0104% | 1h | 93.149 | +0.010% | $4K | — | 10x | as long as short |
| BloFin CL-USDT | +0.0200% | 4h | 93.160 | +0.021% | $4.0M | $1.0M | 50x | as long as short |
| Injective WTI/USDC PERP | +0.0220% | 1h | 102.51 | +10.060% | $19K | $11K | 30x | as long as short |
| GMX WTIOIL/USD [ETH-USDC] | L +0.0222% / S −0.0149% | 1h | 93.175 | +0.038% | $81K | — | 111x | as long as short |
Gate CL_USDT
edgeX CLUSDC
OKX CL-USDT-SWAP
Coinbase International WTIOIL-PERP-INTX
tradeXYZ xyz:CL
QFEX CL-USD
Phoenix WTIOIL
Paradex CL-USD-PERP
dYdX WTI-USD
Bybit CLUSDT
RISEx CL/USDC
Bullet WTIOIL-USD
gTrade (Gains Network) WTI/USD
KuCoin CLUSDTM
Lighter WTI
Extended WTI-USD
StandX CL-USD
Polymarket Perps WTIOIL-USD
SoDEX CL-USD
Pacifica CL
ApeX Omni CLUSDT
Aevo WTIOIL-PERP
BloFin CL-USDT
Injective WTI/USDC PERP
GMX WTIOIL/USD [ETH-USDC]