Settings8H · net · $10k
Funding arb · Price arb /

CL

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Alert: funding
Alert: spread
Funding you earn now, next payment 12:00 UTC−0.0191%/8h= −20.9% APRnext payment $0.95 per $10,000 · paid last 24h −0.053%
Price spread now: Variational Omni against KuCoin−0.306%7-day average −0.033% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)−0.102%−$10 on $10k
Price spread, last 7 days+0.248%+$25 · spread now −0.306%, 7d avg −0.033%
Together, before fees+0.146%+ Points / potential airdropVariational Omni: Active · farm board+$15 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$6 a day on $10k at the current rate, and Variational Omni is 0.272% cheaper against KuCoin than usual: you would sell low and buy high (−$27 if the spread goes back to its 7-day average of −0.033%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin CLUSDTM90.8850.0100pay 0.0050% / 4h2h 54m$6.9M$2.8M50x
ShortVariational Omni CL90.607−0.0091pay 0.0045% / 4h2h 54m$13.0M$11.0M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Variational Omni against KuCoin. 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

Funding earned
−$40.07
Price spread: −0.306% → −0.033%
−$27.22
Slippage, 4 orders
no order book: not counted
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Variational Omni: 0 bp × 2 orders
$0
Net
−$79.29
Costs to cover
0.120%
Break-even
never at this rate
Slippage unknown: KuCoin: live order book, 3 min ago; Variational Omni: RFQ quote, 4 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy KuCoin live order book, 3 min ago1.60 bp9.7 bp −$10doesn't fitdoesn't fitdoesn't fit
Sell Variational Omni RFQ quote, 4 min ago2.29 bpdoesn't fit2.3 bp −$234.6 bp −$462doesn't fit

CL on 36 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_WTIOILUSD−0.0364%1h90.848−0.040%$267K$1.0M25xas long as short
ApeX Omni CLUSDT−0.0289%1h90.470−0.457%$53K$266K50xas long as short
Aster CLUSD1−0.0196%4h90.890+0.006%$24.5M$61.5M20xas long as short
Deribit WTIOIL_USDC-PERPETUAL−0.0190%1h90.840−0.050%$182K$416K15xas long as short
Binance CLUSDT−0.0117%4h90.870−0.017%$245.9M$1.04B100xas long as short
Bitget CLUSDT−0.0098%4h90.870−0.017%$40.9M$46.2M100xas long as short
Variational Omni CLshort−0.0091%4h90.607−0.306%$13.0M$11.0M
Gate CL_USDT−0.0079%8h90.820−0.072%$23.0M$50.8M100xas long as short
Nado WTI-PERP−0.0067%1h90.711−0.191%$936K$614K10xas long as short
edgeX CLUSDC−0.0045%4h90.565−0.352%$518K$357K30xas long as short
Show all 36 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX CL-USDT-SWAP−0.0041%4h90.860−0.028%$41.1M$112.2M50xas long as short
GRVT CL_USDT_Perp−0.0040%4h90.480−0.446%$70K$617K25xas long as short
Aftermath Perps WTIUSD−0.0034%1h90.617−0.295%$1K$27K5xas long as short
tradeXYZ xyz:CL−0.0028%1h90.848−0.041%$177.0M$208.1M20xas long as short
QFEX CL-USD−0.0023%1h90.700−0.204%$2.2M$2.9M10xas long as short
gTrade (Gains Network) WTI/USDL −0.0001% / S +0.0036%1h89.952−1.027%$1K150xas long as short
dYdX WTI-USD0.0000%1h90.680−0.225%$8K$3K5xas long as short
Bybit CLUSDT0.0000%8h90.890+0.006%$26.4M$92.0M150xas long as short
RISEx CL/USDC0.0000%1h90.829−0.062%$2.9M$2.9M20xas long as short
Bullet WTIOIL-USD0.0000%1h90.820−0.072%$18K$238K10xas long as short
Coinbase International WTIOIL-PERP-INTX+0.0008%1h90.590−0.325%$408K$1.0M15xas long as short
Phoenix WTIOIL+0.0009%1h90.620−0.292%$36K$37K20xas long as short
Paradex CL-USD-PERP+0.0017%8h90.669−0.238%$15K$3675xas long as short
Lighter WTI+0.0032%1h90.851−0.037%$11.0M$9.0M20xas long as short
Extended WTI-USD+0.0032%1h90.870−0.017%$1.6M$13.7M10xas long as short
Injective WTI/USDC PERP+0.0033%1h102.13+12.377%$19K$5K30xas long as short
StandX CL-USD+0.0040%1h90.530−0.391%$704K$2.8M40xas long as short
Vest CL-PERP+0.0046%1h90.690−0.215%$313K10xas long as short
Polymarket Perps WTIOIL-USD+0.0050%1h90.730−0.171%$1.6M$1.2M20xas long as short
SoDEX CL-USD+0.0050%1h90.866−0.021%$2.0M$81K20xas long as short
Ondo Perps WTI-USD.P+0.0050%1h90.640−0.270%$3.5M$5.2M20xas long as short
Pacifica CL+0.0100%1h90.696−0.208%$335K$573K10xas long as short
KuCoin CLUSDTMlong+0.0100%4h90.885long leg$6.9M$2.8M50x
Aevo WTIOIL-PERP+0.0104%1h90.864−0.023%$4K10xas long as short
BloFin CL-USDT+0.0199%4h90.800−0.094%$4.0M$1.0M50xas long as short
GMX WTIOIL/USD [ETH-USDC]L +0.0255% / S −0.0185%1h90.825−0.066%$84K111xas long as short