CL

Alert: funding

Alert: spread

Funding you earn now, next payment 12:00 UTC+0.0034%/8h= +3.8% APRnext payment +$0.17 per $10,000 · paid last 24h +0.024%

Price spread now: OKX against Variational Omni+0.029%7-day average +0.024% · you sell dearer than you buy

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

Long on Variational Omni Short on OKX

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)+0.005%$0 on $10k

Price spread, last 7 days−0.025%−$3 · spread now +0.029%, 7d avg +0.024%

Together, before fees−0.020%+ Points / potential airdropVariational Omni: Active · farm board−$2 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.024%, so right now this pair is about funding alone: +$1 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Variational Omni CL	89.864	−0.0034	get 0.0017% / 4h	1h 30m	$12.7M	$11.2M	—
Short	OKX CL-USDT-SWAP	89.890	0	get 0.0000% / 4h	1h 30m	$40.3M	$134.5M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX 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 OKXbpOrdersPrice spread, now +0.029%Rate

Funding earned: $7.21
Price spread: +0.029% → +0.024%: $0.55
Slippage, 4 orders: no order book: not counted
Fee Variational Omni: 0 bp × 2 orders: $0
Fee OKX: 5 bp × 2 orders: −$10
Net: −$2.25
Costs to cover: 0.100%
Break-even: 9.2 days

Slippage unknown: Variational Omni: RFQ quote, 2 min ago; OKX: live order book, 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 Variational Omni RFQ quote, 2 min ago	2.29 bp	doesn't fit	3.2 bp −$32	9.0 bp −$898	doesn't fit
Sell OKX live order book, 2 min ago	0.56 bp	6.5 bp −$7	7.7 bp −$77	13.7 bp −$1,375	doesn't fit

CL on 36 exchanges

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	−0.0340%	1h	89.836	−0.031%	$316K	$1.8M	25x	as long as short
Aster CLUSD1	−0.0105%	4h	89.913	+0.054%	$24.3M	$72.5M	20x	as long as short
GRVT CL_USDT_Perp	−0.0100%	4h	89.798	−0.074%	$61K	$643K	25x	as long as short
Bitget CLUSDT	−0.0096%	4h	89.859	−0.005%	$40.9M	$56.0M	100x	as long as short
Aftermath Perps WTIUSD	−0.0087%	1h	89.818	−0.051%	$1K	$26K	5x	as long as short
Deribit WTIOIL_USDC-PERPETUAL	−0.0084%	1h	89.840	−0.027%	$39K	$652K	15x	as long as short
Ondo Perps WTI-USD.P	−0.0060%	1h	89.760	−0.116%	$3.4M	$6.3M	20x	as long as short
Binance CLUSDT	−0.0059%	4h	89.900	+0.040%	$241.2M	$1.21B	100x	as long as short
tradeXYZ xyz:CL	−0.0058%	1h	89.862	−0.002%	$166.4M	$241.2M	20x	as long as short
edgeX CLUSDC	−0.0045%	4h	89.890	+0.029%	$497K	$366K	30x	as long as short

Show all 36 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Gate CL_USDT	−0.0043%	8h	89.810	−0.060%	$23.2M	$55.0M	100x	as long as short
Coinbase International WTIOIL-PERP-INTX	−0.0040%	1h	89.650	−0.238%	$409K	$1.4M	15x	as long as short
Variational Omni CLlong	−0.0034%	4h	89.864	long leg	$12.7M	$11.2M	—
Nado WTI-PERP	−0.0029%	1h	89.892	+0.031%	$877K	$688K	10x	as long as short
QFEX CL-USD	−0.0025%	1h	89.830	−0.038%	$2.2M	$2.6M	10x	as long as short
gTrade (Gains Network) WTI/USD	L −0.0001% / S +0.0036%	1h	89.560	−0.338%	$609	—	150x	as long as short
dYdX WTI-USD	0.0000%	1h	89.879	+0.017%	$8K	$3K	5x	as long as short
Bybit CLUSDT	0.0000%	8h	89.907	+0.048%	$27.8M	$109.4M	150x	as long as short
OKX CL-USDT-SWAPshort	0.0000%	4h	89.890	+0.029%	$40.3M	$134.5M	50x
RISEx CL/USDC	0.0000%	1h	89.995	+0.146%	$2.8M	$3.1M	20x	as long as short
Phoenix WTIOIL	0.0000%	1h	89.940	+0.085%	$33K	$39K	20x	as long as short
Bullet WTIOIL-USD	0.0000%	1h	89.856	−0.009%	$16K	$236K	10x	as long as short
Extended WTI-USD	+0.0008%	1h	89.860	−0.004%	$1.4M	$14.1M	10x	as long as short
Paradex CL-USD-PERP	+0.0023%	8h	89.803	−0.068%	$15K	$458	5x	as long as short
Lighter WTI	+0.0032%	1h	89.868	+0.005%	$10.6M	$10.7M	20x	as long as short
StandX CL-USD	+0.0040%	1h	89.940	+0.085%	$694K	$2.7M	40x	as long as short
Vest CL-PERP	+0.0046%	1h	89.830	−0.038%	—	$313K	10x	as long as short
Polymarket Perps WTIOIL-USD	+0.0050%	1h	89.792	−0.080%	$1.6M	$1.4M	20x	as long as short
SoDEX CL-USD	+0.0050%	1h	89.856	−0.009%	$2.0M	$83K	20x	as long as short
Pacifica CL	+0.0100%	1h	89.819	−0.050%	$301K	$739K	10x	as long as short
KuCoin CLUSDTM	+0.0100%	4h	89.833	−0.034%	$6.9M	$3.0M	50x	as long as short
ApeX Omni CLUSDT	+0.0100%	1h	89.960	+0.107%	$52K	$267K	50x	as long as short
Aevo WTIOIL-PERP	+0.0104%	1h	89.826	−0.042%	$4K	—	10x	as long as short
GMX WTIOIL/USD [ETH-USDC]	L +0.0164% / S +0.0005%	1h	89.865	+0.001%	$75K	—	111x	as long as short
Injective WTI/USDC PERP	+0.0220%	1h	90.137	+0.304%	$16K	$5K	30x	as long as short
BloFin CL-USDT	+0.0239%	4h	89.880	+0.018%	$3.8M	$1.1M	50x	as long as short