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

CL

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Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC+0.0236%/8h= +25.9% APRpaid last 24h +0.005%
Price spread now: gTrade (Gains Network) against Variational Omni−0.468%7-day average · 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 1 day (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropVariational Omni: Active · farm boardneeds both histories
Funding pays, the price is against you. gTrade (Gains Network) is 0.468% cheaper against Variational Omni than usual: you would sell low and buy high (spread −0.468% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$47 on $10k: about 6.6 days of funding at the current rate (+$7 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni CL92.610−0.0272get 0.0136% / 4h3h 06m$13.3M$11.4M
ShortgTrade (Gains Network) WTI/USD92.176L 0.0000% / S +0.0036%pay 0.0004% / 1h6m 41s$5K150x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

gTrade (Gains Network) 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

Funding earned
$49.66
Price spread: −0.468% → 0.000%
−$46.83
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee gTrade (Gains Network): 4 bp × 2 orders
−$8
Net
−$5.17
Costs to cover
0.080%
Break-even
7.7 days
Slippage unknown: Variational Omni: RFQ quote, 3 min ago; gTrade (Gains Network): 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
LegHalf-spread$10k$100k$1M$5M
Buy Variational Omni RFQ quote, 3 min ago2.27 bpdoesn't fit3.1 bp −$317.2 bp −$721doesn't fit
Sell gTrade (Gains Network) no order-book sample
gTrade (Gains Network): 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GRVT CL_USDT_Perp−0.0352%4h92.655+0.048%$58K$630K25xas long as short
Aster CLUSD1−0.0337%4h92.710+0.108%$24.0M$75.1M20xas long as short
Binance CLUSDT−0.0283%4h92.690+0.087%$244.6M$1.03B100xas long as short
Variational Omni CLlong−0.0272%4h92.610long leg$13.3M$11.4M
Gate CL_USDT−0.0199%8h92.6100.000%$21.3M$55.6M100xas long as short
Deribit WTIOIL_USDC-PERPETUAL−0.0182%1h92.6100.000%$123K$275K15xas long as short
Kraken Futures PF_WTIOILUSD−0.0120%1h92.643+0.035%$274K$912K25xas long as short
Ondo Perps WTI-USD.P−0.0053%1h92.590−0.021%$3.5M$5.9M20xas long as short
Nado WTI-PERP−0.0050%1h92.665+0.060%$934K$707K10xas long as short
Coinbase International WTIOIL-PERP-INTX−0.0040%1h92.030−0.626%$399K$956K15xas long as short
Show all 36 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
QFEX CL-USD−0.0040%1h92.600−0.010%$2.4M$1.7M10xas long as short
tradeXYZ xyz:CL−0.0031%1h92.689+0.086%$185.9M$233.5M20xas long as short
dYdX WTI-USD0.0000%1h92.666+0.061%$8K$3K5xas long as short
Bybit CLUSDT0.0000%8h92.692+0.089%$26.5M$88.7M150xas long as short
OKX CL-USDT-SWAP0.0000%4h92.670+0.065%$43.0M$108.4M50xas long as short
RISEx CL/USDC0.0000%1h92.736+0.136%$3.3M$2.7M20xas long as short
Bitget CLUSDT0.0000%4h92.684+0.080%$42.1M$48.1M100xas long as short
Phoenix WTIOIL0.0000%1h92.650+0.043%$37K$66K20xas long as short
Bullet WTIOIL-USD0.0000%1h92.617+0.008%$18K$240K10xas long as short
gTrade (Gains Network) WTI/USDshortL 0.0000% / S +0.0036%1h92.176−0.468%$5K150x
Extended WTI-USD+0.0008%1h92.700+0.097%$2.3M$25.7M10xas long as short
Paradex CL-USD-PERP+0.0008%8h92.592−0.019%$15K$3675xas long as short
Lighter WTI+0.0024%1h92.691+0.088%$11.2M$10.3M20xas long as short
edgeX CLUSDC+0.0030%4h92.671+0.066%$533K$299K30xas long as short
StandX CL-USD+0.0040%1h92.320−0.313%$722K$3.1M40xas long as short
Vest CL-PERP+0.0046%1h92.640+0.033%$310K10xas long as short
Polymarket Perps WTIOIL-USD+0.0050%1h92.619+0.010%$1.6M$1.4M20xas long as short
SoDEX CL-USD+0.0050%1h92.630+0.022%$2.0M$38K20xas long as short
KuCoin CLUSDTM+0.0078%4h92.656+0.050%$7.2M$2.3M50xas long as short
Pacifica CL+0.0100%1h92.678+0.073%$354K$605K10xas long as short
ApeX Omni CLUSDT+0.0100%1h92.670+0.065%$56K$265K50xas long as short
Aevo WTIOIL-PERP+0.0104%1h92.582−0.030%$4K10xas long as short
Aftermath Perps WTIUSD+0.0143%1h92.633+0.026%$2K$28K5xas long as short
GMX WTIOIL/USD [ETH-USDC]L +0.0206% / S −0.0131%1h92.615+0.006%$78K111xas long as short
Injective WTI/USDC PERP+0.0220%1h101.69+9.805%$19K$11K30xas long as short
BloFin CL-USDT+0.0240%4h92.6100.000%$4.0M$1.2M50xas long as short