CL

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC−0.0094%/8h= −10.3% APRnext payment −$0.12 per $10,000 · paid last 24h −0.012%

Price spread now: Coinbase International against Vest−0.808%46s7-day average +0.792% · you buy dearer than you sell

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

Long on Vest Short on Coinbase International

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.147%−$15 on $10k

Price spread, last 3 days (all we have)+1.236%+$124 · spread now −0.808%, 7d avg +0.792%

Together, before fees+1.089%+ Points / potential airdropVest: Active · farm board+$109 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Coinbase International is 1.601% cheaper against Vest than usual: you would sell low and buy high (−$160 if the spread goes back to its 7-day average of +0.792%). Swap the legs. The two prices were read 46 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Vest CL-PERP	92.780	0.0046	pay 0.0006% / 1h	47m 23s	—	$310K	10x
Short	Coinbase International WTIOIL-PERP-INTX	92.030	−0.0048	pay 0.0006% / 1h	47m 23s	$399K	$942K	15x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Coinbase International against Vest. 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 VestbpFee Coinbase InternationalbpOrdersPrice spread, now −0.808%Rate

Funding earned: −$19.67
Price spread: −0.808% → +0.792%: −$160.06
Slippage, 4 orders: no order book: not counted
Fee Vest: 1 bp × 2 orders: −$2
Fee Coinbase International: 5 bp × 2 orders: −$10
Net: −$191.73
Costs to cover: 0.120%
Break-even: never at this rate

Slippage unknown: Vest: no order-book sample; Coinbase International: live order book, 61 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 Coinbase International live order book, 61 min ago	1.63 bp	6.6 bp −$7	9.3 bp −$93	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	−0.0612%	1h	92.760	−0.022%	$198K	$366K	15x	as long as short
Aster CLUSD1	−0.0339%	4h	92.760	−0.022%	$23.9M	$74.7M	20x	as long as short
GRVT CL_USDT_Perp	−0.0322%	4h	92.720	−0.065%	$50K	$632K	25x	as long as short
Binance CLUSDT	−0.0282%	4h	92.740	−0.043%	$244.6M	$1.00B	100x	as long as short
Variational Omni CL	−0.0275%	4h	92.851	+0.076%	$13.3M	$11.3M	—	as long as short
Gate CL_USDT	−0.0172%	8h	92.680	−0.108%	$20.9M	$52.8M	100x	as long as short
Ondo Perps WTI-USD.P	−0.0092%	1h	92.740	−0.043%	$3.5M	$5.8M	20x	as long as short
tradeXYZ xyz:CL	−0.0061%	1h	92.733	−0.051%	$185.3M	$224.9M	20x	as long as short
Nado WTI-PERP	−0.0051%	1h	92.822	+0.045%	$936K	$686K	10x	as long as short
Coinbase International WTIOIL-PERP-INTXshort	−0.0048%	1h	92.030	−0.808%	$399K	$942K	15x

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Kraken Futures PF_WTIOILUSD	−0.0038%	1h	92.830	+0.053%	$275K	$883K	25x	as long as short
QFEX CL-USD	−0.0033%	1h	92.730	−0.054%	$2.5M	$1.7M	10x	as long as short
Extended WTI-USD	−0.0016%	1h	92.790	+0.011%	$2.1M	$25.2M	10x	as long as short
OKX CL-USDT-SWAP	−0.0015%	4h	92.760	−0.022%	$43.0M	$106.8M	50x	as long as short
dYdX WTI-USD	0.0000%	1h	92.832	+0.056%	$8K	$3K	5x	as long as short
Bybit CLUSDT	0.0000%	8h	92.744	−0.039%	$26.3M	$84.2M	150x	as long as short
Bitget CLUSDT	0.0000%	4h	92.725	−0.059%	$42.1M	$46.5M	100x	as long as short
Phoenix WTIOIL	0.0000%	1h	92.890	+0.119%	$37K	$51K	20x	as long as short
Bullet WTIOIL-USD	0.0000%	1h	92.733	−0.051%	$18K	$240K	10x	as long as short
gTrade (Gains Network) WTI/USD	L 0.0000% / S +0.0036%	1h	92.299	−0.518%	$5K	—	150x	as long as short
Paradex CL-USD-PERP	+0.0019%	8h	92.745	−0.037%	$16K	$367	5x	as long as short
Lighter WTI	+0.0032%	1h	92.781	+0.001%	$11.2M	$10.1M	20x	as long as short
RISEx CL/USDC	+0.0037%	1h	92.866	+0.093%	$3.3M	$2.7M	20x	as long as short
StandX CL-USD	+0.0040%	1h	92.330	−0.485%	$726K	$3.0M	40x	as long as short
Vest CL-PERPlong	+0.0046%	1h	92.780	long leg	—	$310K	10x
Polymarket Perps WTIOIL-USD	+0.0050%	1h	92.749	−0.033%	$1.6M	$1.3M	20x	as long as short
SoDEX CL-USD	+0.0050%	1h	92.794	+0.015%	$2.1M	$61K	20x	as long as short
KuCoin CLUSDTM	+0.0070%	4h	92.792	+0.013%	$7.2M	$2.3M	50x	as long as short
Aftermath Perps WTIUSD	+0.0072%	1h	92.780	0.000%	$2K	$28K	5x	as long as short
edgeX CLUSDC	+0.0075%	4h	92.751	−0.031%	$533K	$299K	30x	as long as short
Pacifica CL	+0.0100%	1h	92.798	+0.020%	$331K	$616K	10x	as long as short
ApeX Omni CLUSDT	+0.0100%	1h	92.760	−0.022%	$56K	$265K	50x	as long as short
Aevo WTIOIL-PERP	+0.0104%	1h	92.757	−0.024%	$4K	—	10x	as long as short
GMX WTIOIL/USD [ETH-USDC]	L +0.0207% / S −0.0131%	1h	92.735	−0.049%	$78K	—	111x	as long as short
Injective WTI/USDC PERP	+0.0220%	1h	101.93	+9.865%	$19K	$11K	30x	as long as short
BloFin CL-USDT	+0.0228%	4h	92.730	−0.054%	$4.0M	$1.2M	50x	as long as short