CL

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0291%/8h= +31.9% APRnext payment +$1.46 per $10,000 · paid last 24h +0.002%

Price spread now: edgeX against Variational Omni+0.080%7-day average +0.005% · you sell dearer than you buy

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

Long on Variational Omni Short on edgeX

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.051%−$5 on $10k

Price spread, last 3 days (all we have)−0.049%−$5 · spread now +0.080%, 7d avg +0.005%

Together, before fees−0.101%+ Points / potential airdropVariational Omni: Active · edgeX: Active · farm board−$10 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$9 a day on $10k at the current rate, and edgeX is 0.075% dearer against Variational Omni than usual: you sell high and buy low: +$7 more if the spread goes back to its 7-day average of +0.005%. Mind the row above: over the last 3 days funding on this pair cost −0.051%, so the current rate has only just turned in your favour.

The current funding rate is far above what this pair has been paying: over the last 3 days it paid -0.051% in total (about -5.6% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.46 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	Variational Omni CL	92.193	−0.0206	get 0.0103% / 4h	1m 09s	$13.2M	$12.7M	—
Short	edgeX CLUSDC	92.266	0.0085	get 0.0043% / 4h	1m 09s	$531K	$326K	30x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

edgeX against Variational Omni. 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 Variational OmnibpFee edgeXbpOrdersPrice spread, now +0.080%Rate

Funding earned: $61.12
Price spread: +0.080% → +0.005%: $7.49
Slippage, 4 orders: no order book: not counted
Fee Variational Omni: 0 bp × 2 orders: $0
Fee edgeX: 4.5 bp × 2 orders: −$9
Net: $59.6
Costs to cover: 0.090%
Break-even: 0.2 days

Slippage unknown: Variational Omni: RFQ quote, 3 min ago; edgeX: live order book, 12 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 Variational Omni RFQ quote, 3 min ago	2.27 bp	doesn't fit	2.5 bp −$25	7.5 bp −$748	doesn't fit
Sell edgeX live order book, 12 min ago	9.98 bp	14.5 bp −$14	14.9 bp −$149	21.4 bp −$2,139	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
Kraken Futures PF_WTIOILUSD	−0.0449%	1h	92.231	+0.042%	$273K	$1.2M	25x	as long as short
GRVT CL_USDT_Perp	−0.0322%	4h	92.225	+0.035%	$58K	$702K	25x	as long as short
Aster CLUSD1	−0.0295%	4h	92.230	+0.041%	$23.9M	$77.5M	20x	as long as short
Binance CLUSDT	−0.0219%	4h	92.220	+0.030%	$244.4M	$1.09B	100x	as long as short
Variational Omni CLlong	−0.0206%	4h	92.193	long leg	$13.2M	$12.7M	—
Deribit WTIOIL_USDC-PERPETUAL	−0.0184%	1h	92.230	+0.041%	$96K	$189K	15x	as long as short
Nado WTI-PERP	−0.0130%	1h	92.273	+0.087%	$925K	$734K	10x	as long as short
Lighter WTI	−0.0064%	1h	92.213	+0.022%	$11.2M	$10.9M	20x	as long as short
QFEX CL-USD	−0.0054%	1h	92.210	+0.019%	$2.4M	$2.3M	10x	as long as short
Ondo Perps WTI-USD.P	−0.0050%	1h	92.180	−0.014%	$3.5M	$6.4M	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	−0.0035%	8h	92.140	−0.057%	$21.3M	$58.1M	100x	as long as short
Paradex CL-USD-PERP	−0.0032%	8h	92.186	−0.007%	$15K	$367	5x	as long as short
tradeXYZ xyz:CL	−0.0031%	1h	92.246	+0.058%	$186.1M	$267.3M	20x	as long as short
Pacifica CL	−0.0020%	1h	92.212	+0.021%	$333K	$576K	10x	as long as short
dYdX WTI-USD	0.0000%	1h	92.269	+0.083%	$8K	$3K	5x	as long as short
Bybit CLUSDT	0.0000%	8h	92.206	+0.015%	$26.0M	$94.2M	150x	as long as short
OKX CL-USDT-SWAP	0.0000%	4h	92.210	+0.019%	$42.9M	$111.5M	50x	as long as short
RISEx CL/USDC	0.0000%	1h	92.329	+0.148%	$3.3M	$2.7M	20x	as long as short
Bitget CLUSDT	0.0000%	4h	92.196	+0.004%	$42.0M	$51.4M	100x	as long as short
Phoenix WTIOIL	0.0000%	1h	92.300	+0.117%	$37K	$101K	20x	as long as short
Bullet WTIOIL-USD	0.0000%	1h	92.212	+0.021%	$19K	$241K	10x	as long as short
Coinbase International WTIOIL-PERP-INTX	0.0000%	1h	92.030	−0.176%	$399K	$963K	15x	as long as short
gTrade (Gains Network) WTI/USD	L 0.0000% / S +0.0036%	1h	91.778	−0.450%	$5K	—	150x	as long as short
Extended WTI-USD	+0.0032%	1h	92.260	+0.073%	$2.0M	$26.8M	10x	as long as short
StandX CL-USD	+0.0040%	1h	92.230	+0.041%	$721K	$3.1M	40x	as long as short
Vest CL-PERP	+0.0046%	1h	92.260	+0.073%	—	$308K	10x	as long as short
Polymarket Perps WTIOIL-USD	+0.0050%	1h	92.219	+0.029%	$1.6M	$1.4M	20x	as long as short
SoDEX CL-USD	+0.0050%	1h	92.208	+0.017%	$2.0M	$39K	20x	as long as short
edgeX CLUSDCshort	+0.0085%	4h	92.266	+0.080%	$531K	$326K	30x
KuCoin CLUSDTM	+0.0100%	4h	92.230	+0.041%	$7.3M	$2.2M	50x	as long as short
ApeX Omni CLUSDT	+0.0100%	1h	92.250	+0.062%	$56K	$266K	50x	as long as short
Aevo WTIOIL-PERP	+0.0104%	1h	92.186	−0.007%	$4K	—	10x	as long as short
GMX WTIOIL/USD [ETH-USDC]	L +0.0205% / S −0.0130%	1h	92.215	+0.024%	$77K	—	111x	as long as short
Injective WTI/USDC PERP	+0.0220%	1h	101.34	+9.918%	$19K	$11K	30x	as long as short
BloFin CL-USDT	+0.0240%	4h	92.240	+0.051%	$4.0M	$1.4M	50x	as long as short
Aftermath Perps WTIUSD	+0.0493%	1h	92.256	+0.069%	$2K	$29K	5x	as long as short