Funding you earn now, next payment 03:00 UTC+0.0250%/8h= +27.4% APRpaid last 24h +0.029%
Price spread now: Vest against Variational Omni+0.176%7-day average −0.848% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)+0.033%+$3 on $10k
+Price spread, last 4 days (all we have)−0.164%−$16 · spread now +0.176%, 7d avg −0.848%
=Together, before fees−0.131%+ Points / potential airdropVariational Omni: Active · Vest: Active · farm board−$13 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$8 a day on $10k at the current rate, and Vest is 1.024% dearer against Variational Omni than usual: you sell high and buy low: +$102 more if the spread goes back to its 7-day average of −0.848%.
The current funding rate is far above what this pair has been paying: over the last 3 days it paid 0.033% in total (about 3.6% 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 32m | $13.5M | $11.1M | — |
| Short | Vest CL-PERP | 92.860 | 0.0046 | get 0.0006% / 1h | 32m 31s | — | $310K | 10x |
Variational Omni CL
Vest CL-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Vest 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
- $52.51
- Price spread: +0.176% → −0.848%
- $102.36
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee Vest: 1 bp × 2 orders
- −$2
- Net
- $152.87
- Costs to cover
- 0.020%
- Break-even
- from the start
Slippage unknown: Variational Omni: RFQ quote, 2 min ago; Vest: 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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Variational Omni RFQ quote, 2 min ago | 2.27 bp | doesn't fit | 2.8 bp −$28 | 8.6 bp −$860 | doesn't fit |
| Sell Vest no order-book sample | — | — | — | — | — |
Vest: 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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Deribit WTIOIL_USDC-PERPETUAL | −0.0611% | 1h | 92.810 | +0.122% | $198K | $369K | 15x | as long as short |
| Aster CLUSD1 | −0.0250% | 4h | 92.840 | +0.154% | $23.9M | $68.7M | 20x | as long as short |
| GRVT CL_USDT_Perp | −0.0232% | 4h | 92.738 | +0.044% | $61K | $625K | 25x | as long as short |
| Binance CLUSDT | −0.0210% | 4h | 92.821 | +0.134% | $244.8M | $955.8M | 100x | as long as short |
| Variational Omni CLlong | −0.0204% | 4h | 92.697 | long leg | $13.5M | $11.1M | — | |
| Ondo Perps WTI-USD.P | −0.0170% | 1h | 92.790 | +0.100% | $3.5M | $5.6M | 20x | as long as short |
| Nado WTI-PERP | −0.0152% | 1h | 92.898 | +0.217% | $962K | $664K | 10x | as long as short |
| Gate CL_USDT | −0.0092% | 8h | 92.780 | +0.090% | $20.9M | $52.5M | 100x | as long as short |
| tradeXYZ xyz:CL | −0.0069% | 1h | 92.840 | +0.154% | $184.6M | $218.3M | 20x | as long as short |
| OKX CL-USDT-SWAP | −0.0046% | 4h | 92.820 | +0.133% | $42.8M | $102.0M | 50x | 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
OKX CL-USDT-SWAPShow all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aftermath Perps WTIUSD | −0.0040% | 1h | 92.825 | +0.138% | $2K | $27K | 5x | as long as short |
| Coinbase International WTIOIL-PERP-INTX | −0.0040% | 1h | 92.750 | +0.057% | $402K | $944K | 15x | as long as short |
| QFEX CL-USD | −0.0032% | 1h | 92.810 | +0.122% | $2.5M | $1.7M | 10x | as long as short |
| edgeX CLUSDC | −0.0025% | 4h | 92.747 | +0.054% | $528K | $302K | 30x | as long as short |
| Extended WTI-USD | −0.0008% | 1h | 92.870 | +0.187% | $2.1M | $22.8M | 10x | as long as short |
| Lighter WTI | 0.0000% | 1h | 92.833 | +0.147% | $11.2M | $10.4M | 20x | as long as short |
| dYdX WTI-USD | 0.0000% | 1h | 92.862 | +0.178% | $8K | $3K | 5x | as long as short |
| Bybit CLUSDT | 0.0000% | 8h | 92.831 | +0.145% | $26.5M | $81.3M | 150x | as long as short |
| Bitget CLUSDT | 0.0000% | 4h | 92.820 | +0.133% | $41.9M | $43.4M | 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 | 92.831 | +0.144% | $18K | $242K | 10x | as long as short |
| gTrade (Gains Network) WTI/USD | L 0.0000% / S +0.0036% | 1h | 92.394 | −0.327% | $5K | — | 150x | as long as short |
| Paradex CL-USD-PERP | +0.0018% | 8h | 92.818 | +0.131% | $16K | $367 | 5x | as long as short |
| StandX CL-USD | +0.0040% | 1h | 92.520 | −0.191% | $727K | $2.9M | 40x | as long as short |
| KuCoin CLUSDTM | +0.0044% | 4h | 92.820 | +0.133% | $7.3M | $2.3M | 50x | as long as short |
| Vest CL-PERPshort | +0.0046% | 1h | 92.860 | +0.176% | — | $310K | 10x | |
| Polymarket Perps WTIOIL-USD | +0.0050% | 1h | 92.840 | +0.154% | $1.6M | $1.3M | 20x | as long as short |
| SoDEX CL-USD | +0.0050% | 1h | 92.835 | +0.149% | $2.1M | $61K | 20x | as long as short |
| RISEx CL/USDC | +0.0066% | 1h | 92.944 | +0.267% | $3.3M | $2.7M | 20x | as long as short |
| Pacifica CL | +0.0100% | 1h | 92.834 | +0.148% | $331K | $618K | 10x | as long as short |
| ApeX Omni CLUSDT | +0.0100% | 1h | 92.830 | +0.144% | $56K | $265K | 50x | as long as short |
| Aevo WTIOIL-PERP | +0.0104% | 1h | 92.792 | +0.102% | $4K | — | 10x | as long as short |
| Kraken Futures PF_WTIOILUSD | +0.0105% | 1h | 92.856 | +0.172% | $273K | $872K | 25x | as long as short |
| BloFin CL-USDT | +0.0197% | 4h | 92.730 | +0.036% | $4.0M | $1.1M | 50x | as long as short |
| GMX WTIOIL/USD [ETH-USDC] | L +0.0207% / S −0.0131% | 1h | 92.820 | +0.133% | $78K | — | 111x | as long as short |
| Injective WTI/USDC PERP | +0.0220% | 1h | 101.95 | +9.986% | $19K | $11K | 30x | as long as short |
Aftermath Perps WTIUSD
Coinbase International WTIOIL-PERP-INTX
QFEX CL-USD
edgeX CLUSDC
Extended WTI-USD
Lighter WTI
dYdX WTI-USD
Bybit CLUSDT
Bitget CLUSDT
Phoenix WTIOIL
Bullet WTIOIL-USD
gTrade (Gains Network) WTI/USD
Paradex CL-USD-PERP
StandX CL-USD
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