CL

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC−0.0224%/8h= −24.5% APRpaid last 24h −0.038%

Price spread now: Variational Omni against Polymarket Perps−0.044%7-day average +0.009% · you buy dearer than you sell

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

Long on Polymarket Perps Short on Variational Omni

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+0.074%+$7 · spread now −0.044%, 7d avg +0.009%

Together, before fees−0.028%+ Points / potential airdropVariational Omni: Active · farm board−$3 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$7 a day on $10k at the current rate, and Variational Omni is 0.053% cheaper against Polymarket Perps than usual: you would sell low and buy high (−$5 if the spread goes back to its 7-day average of +0.009%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Polymarket Perps WTIOIL-USD	93.440	0.0050	pay 0.0006% / 1h	17m 39s	$1.7M	$1.3M	20x
Short	Variational Omni CL	93.399	−0.0174	pay 0.0087% / 4h	2h 17m	$13.4M	$10.9M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Variational Omni against Polymarket Perps. 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 Polymarket PerpsbpFee Variational OmnibpOrdersPrice spread, now −0.044%Rate

Funding earned: −$47
Price spread: −0.044% → +0.009%: −$5.34
Slippage, 4 orders: no order book: not counted
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Fee Variational Omni: 0 bp × 2 orders: $0
Net: −$60.35
Costs to cover: 0.080%
Break-even: never at this rate

Slippage unknown: Polymarket Perps: live order book, 1 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 Polymarket Perps live order book, 1 min ago	1.93 bp	7.0 bp −$7	8.4 bp −$84	11.8 bp −$1,179	doesn't fit
Sell Variational Omni RFQ quote, 2 min ago	2.26 bp	doesn't fit	2.4 bp −$24	5.6 bp −$557	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
Deribit WTIOIL_USDC-PERPETUAL	−0.0499%	1h	93.410	−0.032%	$197K	$376K	15x	as long as short
GRVT CL_USDT_Perp	−0.0300%	4h	93.402	−0.041%	$58K	$629K	25x	as long as short
Aster CLUSD1	−0.0291%	4h	93.510	+0.075%	$24.4M	$64.9M	20x	as long as short
Kraken Futures PF_WTIOILUSD	−0.0204%	1h	93.466	+0.028%	$285K	$958K	25x	as long as short
Binance CLUSDT	−0.0183%	4h	93.470	+0.032%	$246.2M	$932.5M	100x	as long as short
Variational Omni CLshort	−0.0174%	4h	93.399	−0.044%	$13.4M	$10.9M	—
Aftermath Perps WTIUSD	−0.0157%	1h	93.452	+0.013%	$2K	$26K	5x	as long as short
Bitget CLUSDT	−0.0128%	4h	93.450	+0.011%	$42.1M	$42.8M	100x	as long as short
Nado WTI-PERP	−0.0125%	1h	93.483	+0.046%	$967K	$615K	10x	as long as short
Ondo Perps WTI-USD.P	−0.0093%	1h	93.410	−0.032%	$3.5M	$5.4M	20x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Gate CL_USDT	−0.0077%	8h	93.390	−0.054%	$21.9M	$50.0M	100x	as long as short
tradeXYZ xyz:CL	−0.0070%	1h	93.451	+0.012%	$184.9M	$213.5M	20x	as long as short
OKX CL-USDT-SWAP	−0.0051%	4h	93.460	+0.021%	$42.7M	$103.0M	50x	as long as short
Coinbase International WTIOIL-PERP-INTX	−0.0040%	1h	93.500	+0.064%	$404K	$931K	15x	as long as short
QFEX CL-USD	−0.0032%	1h	93.440	0.000%	$2.3M	$2.5M	10x	as long as short
edgeX CLUSDC	−0.0010%	4h	93.378	−0.066%	$525K	$306K	30x	as long as short
dYdX WTI-USD	0.0000%	1h	93.495	+0.059%	$8K	$3K	5x	as long as short
Bybit CLUSDT	0.0000%	8h	93.481	+0.044%	$27.2M	$79.6M	150x	as long as short
RISEx CL/USDC	0.0000%	1h	93.495	+0.059%	$3.1M	$2.9M	20x	as long as short
Phoenix WTIOIL	0.0000%	1h	93.470	+0.032%	$38K	$41K	20x	as long as short
Bullet WTIOIL-USD	0.0000%	1h	93.450	+0.010%	$18K	$240K	10x	as long as short
gTrade (Gains Network) WTI/USD	L 0.0000% / S +0.0036%	1h	92.989	−0.483%	$5K	—	150x	as long as short
Paradex CL-USD-PERP	+0.0013%	8h	93.449	+0.010%	$16K	$367	5x	as long as short
Lighter WTI	+0.0016%	1h	93.470	+0.032%	$11.2M	$9.9M	20x	as long as short
Extended WTI-USD	+0.0032%	1h	93.470	+0.032%	$2.0M	$17.0M	10x	as long as short
StandX CL-USD	+0.0040%	1h	93.470	+0.032%	$740K	$2.8M	40x	as long as short
Vest CL-PERP	+0.0046%	1h	93.450	+0.011%	—	$313K	10x	as long as short
Pacifica CL	+0.0047%	1h	93.463	+0.024%	$332K	$577K	10x	as long as short
Polymarket Perps WTIOIL-USDlong	+0.0050%	1h	93.440	long leg	$1.7M	$1.3M	20x
SoDEX CL-USD	+0.0050%	1h	93.447	+0.007%	$2.1M	$60K	20x	as long as short
KuCoin CLUSDTM	+0.0080%	4h	93.496	+0.060%	$7.1M	$2.4M	50x	as long as short
ApeX Omni CLUSDT	+0.0100%	1h	93.480	+0.043%	$54K	$266K	50x	as long as short
Aevo WTIOIL-PERP	+0.0104%	1h	93.425	−0.016%	$4K	—	10x	as long as short
BloFin CL-USDT	+0.0187%	4h	93.440	0.000%	$4.0M	$1.0M	50x	as long as short
Injective WTI/USDC PERP	+0.0220%	1h	102.60	+9.806%	$19K	$11K	30x	as long as short
GMX WTIOIL/USD [ETH-USDC]	L +0.0238% / S −0.0171%	1h	93.455	+0.016%	$84K	—	111x	as long as short