Funding you earn now, next payment 09:00 UTC−0.0046%/8h= −5.0% APRnext payment −$0.06 per $10,000 · paid last 24h −0.015%
Price spread now: Bullet against Vest−0.052%7-day average +0.808% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)−0.006%−$1 on $10k
+Price spread, last 4 days (all we have)+0.121%+$12 · spread now −0.052%, 7d avg +0.808%
=Together, before fees+0.115%+ Points / potential airdropVest: Active · farm board+$11 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Bullet is 0.860% cheaper against Vest than usual: you would sell low and buy high (−$86 if the spread goes back to its 7-day average of +0.808%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Vest CL-PERP | 92.890 | 0.0046 | pay 0.0006% / 1h | 27m 16s | — | $313K | 10x |
| Short | Bullet WTIOIL-USD | 92.842 | 0 | get 0.0000% / 1h | 27m 16s | $19K | $239K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bullet against Vest. 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
- −$9.59
- Price spread: −0.052% → +0.808%
- −$86
- Slippage, 4 orders
- no order book: not counted
- Fee Vest: 1 bp × 2 orders
- −$2
- Fee Bullet: 4 bp × 2 orders
- −$8
- Net
- −$105.6
- Costs to cover
- 0.100%
- Break-even
- never at this rate
Slippage unknown: Vest: no order-book sample; Bullet: live order book, 7 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 Vest no order-book sample | — | — | — | — | — |
| Sell Bullet live order book, 7 min ago | 1.56 bp | 7.6 bp −$8 | 19.0 bp −$190 | doesn't fit | doesn't fit |
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 | 92.800 | −0.097% | $187K | $411K | 15x | as long as short |
| Kraken Futures PF_WTIOILUSD | −0.0314% | 1h | 92.835 | −0.059% | $269K | $949K | 25x | as long as short |
| Aster CLUSD1 | −0.0223% | 4h | 92.868 | −0.024% | $24.9M | $60.1M | 20x | as long as short |
| Binance CLUSDT | −0.0123% | 4h | 92.840 | −0.054% | $245.5M | $929.3M | 100x | as long as short |
| Gate CL_USDT | −0.0111% | 8h | 92.780 | −0.118% | $23.5M | $50.0M | 100x | as long as short |
| Variational Omni CL | −0.0109% | 4h | 92.750 | −0.151% | $13.5M | $10.7M | — | as long as short |
| Nado WTI-PERP | −0.0103% | 1h | 92.927 | +0.040% | $951K | $598K | 10x | as long as short |
| GRVT CL_USDT_Perp | −0.0094% | 4h | 92.724 | −0.179% | $74K | $601K | 25x | as long as short |
| edgeX CLUSDC | −0.0091% | 4h | 92.745 | −0.156% | $541K | $343K | 30x | as long as short |
| Bitget CLUSDT | −0.0074% | 4h | 92.848 | −0.045% | $42.1M | $41.7M | 100x | as long as short |
Show all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aftermath Perps WTIUSD | −0.0070% | 1h | 92.890 | 0.000% | $1K | $27K | 5x | as long as short |
| OKX CL-USDT-SWAP | −0.0043% | 4h | 92.840 | −0.054% | $42.5M | $102.6M | 50x | as long as short |
| QFEX CL-USD | −0.0026% | 1h | 92.890 | 0.000% | $2.3M | $2.5M | 10x | as long as short |
| tradeXYZ xyz:CL | −0.0013% | 1h | 92.841 | −0.053% | $184.3M | $192.6M | 20x | as long as short |
| dYdX WTI-USD | 0.0000% | 1h | 92.971 | +0.087% | $8K | $3K | 5x | as long as short |
| Bybit CLUSDT | 0.0000% | 8h | 92.870 | −0.022% | $27.4M | $82.0M | 150x | as long as short |
| RISEx CL/USDC | 0.0000% | 1h | 93.130 | +0.259% | $3.0M | $2.8M | 20x | as long as short |
| Bullet WTIOIL-USDshort | 0.0000% | 1h | 92.842 | −0.052% | $19K | $239K | 10x | |
| gTrade (Gains Network) WTI/USD | L 0.0000% / S +0.0036% | 1h | 92.548 | −0.368% | $5K | — | 150x | as long as short |
| Phoenix WTIOIL | +0.0009% | 1h | 92.750 | −0.151% | $37K | $39K | 20x | as long as short |
| Coinbase International WTIOIL-PERP-INTX | +0.0016% | 1h | 92.820 | −0.075% | $412K | $817K | 15x | as long as short |
| Paradex CL-USD-PERP | +0.0017% | 8h | 92.825 | −0.070% | $16K | $367 | 5x | as long as short |
| Lighter WTI | +0.0032% | 1h | 92.881 | −0.010% | $11.3M | $8.9M | 20x | as long as short |
| Extended WTI-USD | +0.0032% | 1h | 92.860 | −0.032% | $1.7M | $14.2M | 10x | as long as short |
| Ondo Perps WTI-USD.P | +0.0036% | 1h | 92.840 | −0.054% | $3.6M | $5.2M | 20x | as long as short |
| StandX CL-USD | +0.0040% | 1h | 93.000 | +0.118% | $732K | $2.8M | 40x | as long as short |
| Vest CL-PERPlong | +0.0046% | 1h | 92.890 | long leg | — | $313K | 10x | |
| Polymarket Perps WTIOIL-USD | +0.0050% | 1h | 92.895 | +0.005% | $1.6M | $1.2M | 20x | as long as short |
| SoDEX CL-USD | +0.0050% | 1h | 92.910 | +0.022% | $2.1M | $69K | 20x | as long as short |
| Pacifica CL | +0.0100% | 1h | 92.881 | −0.009% | $346K | $584K | 10x | as long as short |
| KuCoin CLUSDTM | +0.0100% | 4h | 92.888 | −0.002% | $7.1M | $2.5M | 50x | as long as short |
| ApeX Omni CLUSDT | +0.0100% | 1h | 92.770 | −0.129% | $54K | $266K | 50x | as long as short |
| Aevo WTIOIL-PERP | +0.0104% | 1h | 92.803 | −0.093% | $4K | — | 10x | as long as short |
| GMX WTIOIL/USD [ETH-USDC] | L +0.0166% / S −0.0007% | 1h | 92.835 | −0.059% | $80K | — | 111x | as long as short |
| BloFin CL-USDT | +0.0193% | 4h | 92.930 | +0.043% | $4.1M | $1.0M | 50x | as long as short |
| Injective WTI/USDC PERP | +0.0220% | 1h | 102.13 | +9.952% | $19K | $5K | 30x | as long as short |
Bullet WTIOIL-USD
Deribit WTIOIL_USDC-PERPETUAL
Kraken Futures PF_WTIOILUSD
Aster CLUSD1
Binance CLUSDT
Gate CL_USDT
Variational Omni CL
GRVT CL_USDT_Perp
edgeX CLUSDC
Bitget CLUSDT
Aftermath Perps WTIUSD
OKX CL-USDT-SWAP
tradeXYZ xyz:CL
Bybit CLUSDT
RISEx CL/USDC
gTrade (Gains Network) WTI/USD
Phoenix WTIOIL
Coinbase International WTIOIL-PERP-INTX
Paradex CL-USD-PERP
Lighter WTI
Extended WTI-USD
StandX CL-USD
Polymarket Perps WTIOIL-USD
SoDEX CL-USD
Pacifica CL
KuCoin CLUSDTM
ApeX Omni CLUSDT
GMX WTIOIL/USD [ETH-USDC]
BloFin CL-USDT
Injective WTI/USDC PERP