CL

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0046%/8h= −5.0% APRnext payment −$0.06 per $10,000 · paid last 24h −0.013%

Price spread now: Lighter against Vest−0.029%46s7-day average +0.704% · you buy dearer than you sell

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

Long on Vest Short on Lighter

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+1.085%+$109 on $10k

Price spread, last 4 days (all we have)+0.075%+$8 · spread now −0.029%, 7d avg +0.704%

Together, before fees+1.161%+ Points / potential airdropVest: Active · Lighter: Season 3 · farm board+$116 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 Lighter is 0.733% cheaper against Vest than usual: you would sell low and buy high (−$73 if the spread goes back to its 7-day average of +0.704%). Swap the legs. Mind the row above: over the last 3 days funding on this pair paid +1.085%, so the current rate has only just turned against you. 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	93.060	0.0046	pay 0.0006% / 1h	18m 50s	—	$310K	10x
Short	Lighter WTI	93.033	0	get 0.0000% / 1h	18m 50s	$11.2M	$10.6M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Lighter 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 LighterbpOrdersPrice spread, now −0.029%Rate

Funding earned: −$9.59
Price spread: −0.029% → +0.704%: −$73.31
Slippage, 4 orders: no order book: not counted
Fee Vest: 1 bp × 2 orders: −$2
Fee Lighter: 0 bp × 2 orders: $0
Net: −$84.9
Costs to cover: 0.020%
Break-even: never at this rate

Slippage unknown: Vest: no order-book sample; Lighter: live order book, 5 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 Lighter live order book, 5 min ago	0.32 bp	0.3 bp $0	0.6 bp −$6	7.1 bp −$711	33.3 bp −$16.6K

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	−0.0287%	1h	93.030	−0.032%	$199K	$370K	15x	as long as short
Aster CLUSD1	−0.0262%	4h	93.070	+0.011%	$24.0M	$66.7M	20x	as long as short
GRVT CL_USDT_Perp	−0.0242%	4h	93.067	+0.008%	$64K	$648K	25x	as long as short
Kraken Futures PF_WTIOILUSD	−0.0196%	1h	93.073	+0.014%	$274K	$872K	25x	as long as short
Binance CLUSDT	−0.0185%	4h	93.037	−0.024%	$244.8M	$947.1M	100x	as long as short
Variational Omni CL	−0.0178%	4h	93.048	−0.013%	$13.5M	$10.9M	—	as long as short
Bitget CLUSDT	−0.0112%	4h	93.033	−0.029%	$41.9M	$43.7M	100x	as long as short
tradeXYZ xyz:CL	−0.0108%	1h	93.025	−0.038%	$184.5M	$214.4M	20x	as long as short
Aftermath Perps WTIUSD	−0.0098%	1h	93.043	−0.018%	$2K	$27K	5x	as long as short
Ondo Perps WTI-USD.P	−0.0090%	1h	93.000	−0.064%	$3.5M	$5.4M	20x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
OKX CL-USDT-SWAP	−0.0056%	4h	93.050	−0.011%	$42.6M	$102.7M	50x	as long as short
Coinbase International WTIOIL-PERP-INTX	−0.0048%	1h	92.750	−0.333%	$402K	$944K	15x	as long as short
Gate CL_USDT	−0.0046%	8h	92.990	−0.075%	$20.8M	$52.0M	100x	as long as short
QFEX CL-USD	−0.0043%	1h	93.040	−0.021%	$2.4M	$1.7M	10x	as long as short
Nado WTI-PERP	−0.0029%	1h	93.093	+0.035%	$962K	$649K	10x	as long as short
edgeX CLUSDC	−0.0026%	4h	93.074	+0.015%	$530K	$300K	30x	as long as short
KuCoin CLUSDTM	−0.0022%	4h	93.048	−0.013%	$7.1M	$2.4M	50x	as long as short
Lighter WTIshort	0.0000%	1h	93.033	−0.029%	$11.2M	$10.6M	20x
dYdX WTI-USD	0.0000%	1h	93.113	+0.057%	$8K	$3K	5x	as long as short
Bybit CLUSDT	0.0000%	8h	93.046	−0.015%	$26.7M	$80.2M	150x	as long as short
RISEx CL/USDC	0.0000%	1h	93.111	+0.054%	$3.1M	$2.9M	20x	as long as short
Phoenix WTIOIL	0.0000%	1h	93.090	+0.032%	$37K	$42K	20x	as long as short
Bullet WTIOIL-USD	0.0000%	1h	93.047	−0.014%	$19K	$242K	10x	as long as short
gTrade (Gains Network) WTI/USD	L 0.0000% / S +0.0036%	1h	92.606	−0.488%	$5K	—	150x	as long as short
Paradex CL-USD-PERP	+0.0015%	8h	93.020	−0.043%	$16K	$367	5x	as long as short
Extended WTI-USD	+0.0032%	1h	93.090	+0.032%	$2.0M	$20.5M	10x	as long as short
StandX CL-USD	+0.0040%	1h	93.030	−0.032%	$735K	$2.9M	40x	as long as short
Vest CL-PERPlong	+0.0046%	1h	93.060	long leg	—	$310K	10x
Polymarket Perps WTIOIL-USD	+0.0050%	1h	93.040	−0.021%	$1.7M	$1.3M	20x	as long as short
SoDEX CL-USD	+0.0050%	1h	93.046	−0.015%	$2.1M	$60K	20x	as long as short
Pacifica CL	+0.0068%	1h	93.041	−0.021%	$330K	$622K	10x	as long as short
ApeX Omni CLUSDT	+0.0100%	1h	93.020	−0.043%	$56K	$266K	50x	as long as short
Aevo WTIOIL-PERP	+0.0104%	1h	93.015	−0.048%	$4K	—	10x	as long as short
BloFin CL-USDT	+0.0183%	4h	93.070	+0.011%	$4.0M	$1.1M	50x	as long as short
GMX WTIOIL/USD [ETH-USDC]	L +0.0215% / S −0.0142%	1h	93.045	−0.016%	$81K	—	111x	as long as short
Injective WTI/USDC PERP	+0.0220%	1h	102.19	+9.807%	$19K	$11K	30x	as long as short