CL

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0165%/8h= −18.0% APRnext payment −$0.82 per $10,000 · paid last 24h −0.005%

Price spread now: GRVT against Variational Omni−0.030%74s7-day average +0.013% · you buy dearer than you sell

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

Long on Variational Omni Short on GRVT

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)−0.003%$0 on $10k

Price spread, last 4 days (all we have)+0.075%+$8 · spread now −0.030%, 7d avg +0.013%

Together, before fees+0.072%+ Points / potential airdropVariational Omni: Active · GRVT: Active · farm board+$7 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$5 a day on $10k at the current rate, and GRVT is 0.042% cheaper against Variational Omni than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of +0.013%). Swap the legs. The two prices were read 74 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Variational Omni CL	93.308	−0.0173	get 0.0087% / 4h	3h 08m	$13.3M	$10.9M	—
Short	GRVT CL_USDT_Perp	93.280	−0.0338	pay 0.0169% / 4h	3h 08m	$58K	$656K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GRVT 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 GRVTbpOrdersPrice spread, now −0.030%Rate

Funding earned: −$34.61
Price spread: −0.030% → +0.013%: −$4.22
Slippage, 4 orders: no order book: not counted
Fee Variational Omni: 0 bp × 2 orders: $0
Fee GRVT: 4.5 bp × 2 orders: −$9
Net: −$47.83
Costs to cover: 0.090%
Break-even: never at this rate

Slippage unknown: Variational Omni: RFQ quote, 1 min ago; GRVT: live order book, 45 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, 1 min ago	2.27 bp	doesn't fit	2.3 bp −$23	7.8 bp −$780	doesn't fit
Sell GRVT live order book, 45 min ago	1.08 bp	5.6 bp −$6	7.4 bp −$74	doesn't fit	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	−0.0500%	1h	93.320	+0.013%	$198K	$371K	15x	as long as short
GRVT CL_USDT_Perpshort	−0.0338%	4h	93.280	−0.030%	$58K	$656K	25x
Aster CLUSD1	−0.0284%	4h	93.364	+0.061%	$24.3M	$65.9M	20x	as long as short
Binance CLUSDT	−0.0189%	4h	93.360	+0.056%	$246.5M	$939.9M	100x	as long as short
Variational Omni CLlong	−0.0173%	4h	93.308	long leg	$13.3M	$10.9M	—
Aftermath Perps WTIUSD	−0.0138%	1h	93.300	−0.008%	$2K	$26K	5x	as long as short
Bitget CLUSDT	−0.0130%	4h	93.344	+0.039%	$42.0M	$43.2M	100x	as long as short
Ondo Perps WTI-USD.P	−0.0129%	1h	93.280	−0.030%	$3.5M	$5.4M	20x	as long as short
Nado WTI-PERP	−0.0111%	1h	93.397	+0.096%	$966K	$629K	10x	as long as short
Gate CL_USDT	−0.0069%	8h	93.300	−0.008%	$21.4M	$51.5M	100x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
edgeX CLUSDC	−0.0069%	4h	93.266	−0.044%	$524K	$305K	30x	as long as short
OKX CL-USDT-SWAP	−0.0065%	4h	93.350	+0.045%	$42.7M	$103.2M	50x	as long as short
Kraken Futures PF_WTIOILUSD	−0.0061%	1h	93.371	+0.068%	$282K	$961K	25x	as long as short
tradeXYZ xyz:CL	−0.0061%	1h	93.354	+0.050%	$184.7M	$217.1M	20x	as long as short
Coinbase International WTIOIL-PERP-INTX	−0.0040%	1h	93.160	−0.158%	$403K	$929K	15x	as long as short
QFEX CL-USD	−0.0033%	1h	93.330	+0.024%	$2.3M	$2.0M	10x	as long as short
Paradex CL-USD-PERP	−0.0023%	8h	93.326	+0.020%	$16K	$367	5x	as long as short
Phoenix WTIOIL	−0.0009%	1h	93.370	+0.067%	$37K	$41K	20x	as long as short
Lighter WTI	0.0000%	1h	93.338	+0.032%	$11.2M	$10.4M	20x	as long as short
dYdX WTI-USD	0.0000%	1h	93.329	+0.023%	$8K	$3K	5x	as long as short
Bybit CLUSDT	0.0000%	8h	93.370	+0.067%	$27.0M	$80.1M	150x	as long as short
RISEx CL/USDC	0.0000%	1h	93.410	+0.110%	$3.1M	$2.9M	20x	as long as short
Bullet WTIOIL-USD	0.0000%	1h	93.348	+0.043%	$19K	$241K	10x	as long as short
gTrade (Gains Network) WTI/USD	L 0.0000% / S +0.0036%	1h	92.908	−0.428%	$5K	—	150x	as long as short
Extended WTI-USD	+0.0008%	1h	93.390	+0.088%	$2.0M	$18.3M	10x	as long as short
KuCoin CLUSDTM	+0.0014%	4h	93.376	+0.073%	$7.1M	$2.4M	50x	as long as short
StandX CL-USD	+0.0040%	1h	93.170	−0.148%	$736K	$2.9M	40x	as long as short
Vest CL-PERP	+0.0046%	1h	93.350	+0.045%	—	$313K	10x	as long as short
Polymarket Perps WTIOIL-USD	+0.0050%	1h	93.336	+0.030%	$1.7M	$1.3M	20x	as long as short
SoDEX CL-USD	+0.0050%	1h	93.349	+0.044%	$2.1M	$60K	20x	as long as short
Pacifica CL	+0.0100%	1h	93.345	+0.040%	$331K	$579K	10x	as long as short
ApeX Omni CLUSDT	+0.0100%	1h	93.340	+0.035%	$54K	$266K	50x	as long as short
Aevo WTIOIL-PERP	+0.0104%	1h	93.313	+0.005%	$4K	—	10x	as long as short
BloFin CL-USDT	+0.0176%	4h	93.350	+0.045%	$4.0M	$992K	50x	as long as short
Injective WTI/USDC PERP	+0.0220%	1h	102.37	+9.713%	$19K	$11K	30x	as long as short
GMX WTIOIL/USD [ETH-USDC]	L +0.0224% / S −0.0152%	1h	93.355	+0.051%	$81K	—	111x	as long as short