CL

Leg	Exchange	Price	Fund. /8h	Each payment	Next in	OI	Vol 24h	Lev
LONG	Variational OmniCL	101.62	−0.0179	get 0.0090% / 4h	1h 53m	$12.7M	$4.9M	20x	Long Variational Omni+15% pts
SHORT	MEXCUSOIL_USDT	101.54	−0.0208	pay 0.0104% / 4h	1h 53m	$58.5M	$61.2M	200x	Short MEXC

Price gap−0.079%

Funding gap−0.0029% /8h

Both sides work against this direction now: funding costs $1 a day on $10k and the gap is 0.133% under its 7d average. Swap the legs.

If you open now and hold

on $10k a leg · figures of the last 7D, not a forecast

Funding−$3−0.0029% /8h now · paid −0.027% over the last 7D

Price−$13spread −0.079% now, avg +0.054% → −0.133% if it goes back

Costs−$80.075% of $10k · taker + slippage, in and out

Result−$23−0.23%+ Points / potential airdropVariational Omni: points · farm boardWhat the last 7D really paid, hour by hour → backtest

Price and funding

1h · history

Entry / Exit

Price spread

Prices

Fundingper 8h

ENTRY / EXIT · 7D

Entry now—

Entry average—

Best entry—

Exit now—

Exit average—

Best exit—

Exit free—

PRICE SPREAD · 7D

Now−0.079%

Average—

Range—

Wider than now—

FUNDING SPREAD · 7D

Average /8h—

Highest—

Lowest—

Paid you—

Where the spread has been, last 7D

share of time at each level

Funding on every exchange

/8h

CL on 46 exchanges

lowest funding first

Before you open

3 ok · 2 to watch

OK: Fits both order books2.3 / 1.5 bp
Entry at $10k a leg, taker fee + slippage. Closing costs about the same.
Note: Margin at max leverage$500 + $50
Variational Omni 20x, MEXC 200x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
OK: Same payment interval4h / 4h
Both legs pay at the same time.
Next 24h at the current rates, on $10k a leg: −$0.86Long Variational Omni: 6 payments, +$5.38; short MEXC: 6 payments, −$6.24.
Watch: Gap narrower than usual−0.079% vs +0.054%
Less room for the price leg to pay you. If it goes back to average, the short loses.
Note: Long leg is thinner$12.7M vs $58.5M OI
Both legs are deep; Variational Omni is the smaller one.
OK: Points on a legVariational Omni points
Volume here counts toward the points program.
Watch: KYCVariational Omni No · MEXC Yes
KYC before trading since Feb 2026; unverified accounts see market data only.

Profit calculator

both legs, in and out

Position, each leg

Hold for

Orders

Price spread

Funding rate

Funding earned−0.0013%/8h × 21 periods−$2.66

Price spread−0.079% → +0.054% (7d avg)−$13.29

Slippage, 4 orderslive order books−$5.52

Fee Variational Omni bp × 2 orders$0.00

Fee MEXC bp × 2 orders−$2.00

Net · 7 days · $10k−$23.46

Costs to cover0.075%Break-evennever at this rate

Slippage: Variational Omni: RFQ quote, just now; MEXC: live order book, 5 min ago

Cost to enter

taker + slippage from mid, one side

BUY · LONGVariational Omni2.272.3 bp−$22.3 bp−$23doesn’t fitdoesn’t fit

SELL · SHORTMEXC0.491.5 bp−$11.5 bp−$151.5 bp−$1493.5 bp−$1,729

Closing costs about the same again.

CL news

posts that mention CL or Crude oil (WTI), from every exchangeSearch all news →

10-23 19:28	Markets by Kinetiq	Other	WTI Crude Oil is back above $100, up 6% this week. Houthi strikes on Saudi Arabia are escalating, ship attacks near Hormuz just hit a record month, and US crude stocks have fallen three weeks straight. @Markets_xyz on X ↗
10-23 10:17	SoDEX	Other	🛢️ $CL: Will Oil Keep Rising? 🔥 Middle East tensions are heating up! Where will oil prices head next? 👀 ✅ Vote below ✅ Share your $CL position ✅ Comment your prediction! 📊 POLL: Where will $CL be by Dec 31, 2026? @sodex_official on X ↗
10-22 15:08	BingX	Other	When commodities make headlines, depth matters 📊 Trade GOLD, WTI, BRENT, and SILVER perpetuals with deeper order books on #BingXTradFi. Up to 5.1x the depth vs No.2 (GOLD-USDT, 100 bps). See the breakdown 👇 @BingXOfficial on X ↗
10-20 08:13	ApeX Omni	Other	Oil cracked. WTI -4.7% is the biggest move on the tape. bitcoin:native $81,703 -1.3%, ethereum:native $2,395 -1.5%, while $NDAQ added 1.1%. $527M went into spot bitcoin ETFs, the best day since September, with IBIT alone taking $665M. Fear and greed 55. @OfficialApeXdex on X ↗
10-19 19:35	BingX	Other	Brent topped $110, WTI broke $100, and diesel hit records as Hormuz attacks escalate. Energy rallied while the Nasdaq fell 4.5%. Oil is back driving inflation and rate fears 🛢️ @BingXOfficial on X ↗
10-19 10:35	Phemex	Other	WTI just printed below $97 while Brent holds ~$108. Oil’s pullback after Friday’s spike is more technical + Russia supply hope than a clean demand collapse. For crypto traders, lower energy costs can ease inflation pressure — but geopolitics still keep the floor elevated. Execution quality matters more than the narrative when macro signals flip. @Phemex_official on X ↗

CL