Funding you earn now, next payment 03:00 UTC+0.0244%/8h= +26.8% APRpaid last 24h +0.024%
Price spread now: StandX against Variational Omni−0.266%7-day average −0.015% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)+0.023%+$2 on $10k
+Price spread, last 7 days+0.288%+$29 · spread now −0.266%, 7d avg −0.015%
=Together, before fees+0.311%+ Points / potential airdropVariational Omni: Active · StandX: Active · farm board+$31 on $10k · with fees, hour by hour
Funding pays, the price is against you. StandX is 0.251% cheaper against Variational Omni than usual: you would sell low and buy high (spread −0.266% now, against its 7-day average of −0.015%). If the spread goes back, that is −$25 on $10k: about 3.4 days of funding at the current rate (+$7 a day). At the pace of the last 3 days (+0.023% in total) that is about 38 days.
The current funding rate is far above what this pair has been paying: over the last 3 days it paid 0.023% in total (about 2.4% a year). A funding rate is set anew for every payment. 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 | 92.697 | −0.0204 | get 0.0102% / 4h | 1h 36m | $13.5M | $11.1M | — |
| Short | StandX CL-USD | 92.450 | 0.0040 | get 0.0005% / 1h | 36m 05s | $727K | $2.9M | 40x |
Variational Omni CL
StandX CL-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
StandX 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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $51.32
- Price spread: −0.266% → −0.015%
- −$25.1
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee StandX: 4 bp × 2 orders
- −$8
- Net
- $18.22
- Costs to cover
- 0.080%
- Break-even
- 4.5 days
Slippage unknown: Variational Omni: RFQ quote, 3 min ago; StandX: live order book, 3 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 | 2.3 bp −$23 | 5.1 bp −$512 | doesn't fit |
| Sell StandX live order book, 3 min ago | 2.70 bp | 7.5 bp −$7 | 31.6 bp −$316 | 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 | −0.0720% | 1h | 92.680 | −0.018% | $198K | $369K | 15x | as long as short |
| Aster CLUSD1 | −0.0248% | 4h | 92.720 | +0.025% | $23.9M | $69.1M | 20x | as long as short |
| GRVT CL_USDT_Perp | −0.0228% | 4h | 92.729 | +0.035% | $61K | $633K | 25x | as long as short |
| Binance CLUSDT | −0.0210% | 4h | 92.730 | +0.036% | $244.6M | $955.9M | 100x | as long as short |
| Variational Omni CLlong | −0.0204% | 4h | 92.697 | long leg | $13.5M | $11.1M | — | |
| Ondo Perps WTI-USD.P | −0.0166% | 1h | 92.660 | −0.040% | $3.5M | $5.6M | 20x | as long as short |
| Nado WTI-PERP | −0.0145% | 1h | 92.776 | +0.086% | $960K | $664K | 10x | as long as short |
| Gate CL_USDT | −0.0093% | 8h | 92.660 | −0.040% | $20.9M | $52.5M | 100x | as long as short |
| tradeXYZ xyz:CL | −0.0071% | 1h | 92.736 | +0.042% | $184.4M | $218.0M | 20x | as long as short |
| Coinbase International WTIOIL-PERP-INTX | −0.0040% | 1h | 92.750 | +0.057% | $402K | $944K | 15x | as long as short |
Deribit WTIOIL_USDC-PERPETUAL
Aster CLUSD1
GRVT CL_USDT_Perp
Binance CLUSDT
Ondo Perps WTI-USD.P
Nado WTI-PERP
Gate CL_USDT
tradeXYZ xyz:CL
Coinbase International WTIOIL-PERP-INTXShow all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX CL-USDT-SWAP | −0.0040% | 4h | 92.710 | +0.014% | $42.7M | $102.0M | 50x | as long as short |
| QFEX CL-USD | −0.0032% | 1h | 92.710 | +0.014% | $2.5M | $1.7M | 10x | as long as short |
| Aftermath Perps WTIUSD | −0.0030% | 1h | 92.801 | +0.112% | $2K | $27K | 5x | as long as short |
| edgeX CLUSDC | −0.0011% | 4h | 92.800 | +0.111% | $528K | $301K | 30x | as long as short |
| Lighter WTI | −0.0008% | 1h | 92.719 | +0.024% | $11.2M | $10.4M | 20x | as long as short |
| dYdX WTI-USD | 0.0000% | 1h | 92.761 | +0.070% | $8K | $3K | 5x | as long as short |
| Extended WTI-USD | 0.0000% | 1h | 92.770 | +0.079% | $2.1M | $23.0M | 10x | as long as short |
| Bybit CLUSDT | 0.0000% | 8h | 92.740 | +0.046% | $26.4M | $81.3M | 150x | as long as short |
| Bitget CLUSDT | 0.0000% | 4h | 92.714 | +0.018% | $41.9M | $43.3M | 100x | as long as short |
| Phoenix WTIOIL | 0.0000% | 1h | 92.790 | +0.100% | $37K | $42K | 20x | as long as short |
| Bullet WTIOIL-USD | 0.0000% | 1h | 92.716 | +0.021% | $18K | $242K | 10x | as long as short |
| gTrade (Gains Network) WTI/USD | L 0.0000% / S +0.0036% | 1h | 92.296 | −0.433% | $5K | — | 150x | as long as short |
| Paradex CL-USD-PERP | +0.0021% | 8h | 92.696 | −0.001% | $15K | $367 | 5x | as long as short |
| StandX CL-USDshort | +0.0040% | 1h | 92.450 | −0.266% | $727K | $2.9M | 40x | |
| Vest CL-PERP | +0.0046% | 1h | 92.750 | +0.057% | — | $310K | 10x | as long as short |
| KuCoin CLUSDTM | +0.0050% | 4h | 92.764 | +0.072% | $7.3M | $2.3M | 50x | as long as short |
| Polymarket Perps WTIOIL-USD | +0.0050% | 1h | 92.725 | +0.030% | $1.6M | $1.3M | 20x | as long as short |
| SoDEX CL-USD | +0.0050% | 1h | 92.716 | +0.021% | $2.1M | $61K | 20x | as long as short |
| RISEx CL/USDC | +0.0066% | 1h | 92.832 | +0.146% | $3.3M | $2.7M | 20x | as long as short |
| Pacifica CL | +0.0100% | 1h | 92.700 | +0.003% | $331K | $618K | 10x | as long as short |
| ApeX Omni CLUSDT | +0.0100% | 1h | 92.780 | +0.090% | $56K | $265K | 50x | as long as short |
| Aevo WTIOIL-PERP | +0.0104% | 1h | 92.682 | −0.016% | $4K | — | 10x | as long as short |
| Kraken Futures PF_WTIOILUSD | +0.0105% | 1h | 92.713 | +0.018% | $273K | $872K | 25x | as long as short |
| BloFin CL-USDT | +0.0206% | 4h | 92.700 | +0.003% | $4.0M | $1.1M | 50x | as long as short |
| GMX WTIOIL/USD [ETH-USDC] | L +0.0207% / S −0.0131% | 1h | 92.715 | +0.020% | $78K | — | 111x | as long as short |
| Injective WTI/USDC PERP | +0.0220% | 1h | 101.95 | +9.986% | $19K | $11K | 30x | as long as short |
OKX CL-USDT-SWAP
QFEX CL-USD
Aftermath Perps WTIUSD
edgeX CLUSDC
Lighter WTI
dYdX WTI-USD
Extended WTI-USD
Bybit CLUSDT
Bitget CLUSDT
Phoenix WTIOIL
Bullet WTIOIL-USD
gTrade (Gains Network) WTI/USD
Paradex CL-USD-PERP
Vest CL-PERP
KuCoin CLUSDTM
Polymarket Perps WTIOIL-USD
SoDEX CL-USD
RISEx CL/USDC
Pacifica CL
ApeX Omni CLUSDT
Aevo WTIOIL-PERP
Kraken Futures PF_WTIOILUSD
BloFin CL-USDT
GMX WTIOIL/USD [ETH-USDC]
Injective WTI/USDC PERP