CL

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC−0.0201%/8h= −22.0% APRnext payment −$0.25 per $10,000 · paid last 24h −0.012%

Price spread now: Ondo Perps against Vest−0.098%7-day average +0.869% · you buy dearer than you sell

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

Long on Vest Short on Ondo Perps

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.078%+$8 on $10k

Price spread, last 3 days (all we have)+0.158%+$16 · spread now −0.098%, 7d avg +0.869%

Together, before fees+0.236%+ Points / potential airdropVest: Active · Ondo Perps: Active · farm board+$24 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$6 a day on $10k at the current rate, and Ondo Perps is 0.967% cheaper against Vest than usual: you would sell low and buy high (−$97 if the spread goes back to its 7-day average of +0.869%). Swap the legs. Mind the row above: over the last 3 days funding on this pair paid +0.078%, so the current rate has only just turned against you.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Vest CL-PERP	92.070	0.0046	pay 0.0006% / 1h	8m 27s	—	$308K	10x
Short	Ondo Perps WTI-USD.P	91.980	−0.0155	pay 0.0019% / 1h	8m 27s	$3.5M	$6.4M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Ondo Perps 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 Ondo PerpsbpOrdersPrice spread, now −0.098%Rate

Funding earned: −$42.18
Price spread: −0.098% → +0.869%: −$96.72
Slippage, 4 orders: no order book: not counted
Fee Vest: 1 bp × 2 orders: −$2
Fee Ondo Perps: 2.5 bp × 2 orders: −$5
Net: −$145.9
Costs to cover: 0.070%
Break-even: never at this rate

Slippage unknown: Vest: no order-book sample; Ondo Perps: 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 Vest no order-book sample	—	—	—	—	—
Sell Ondo Perps no order-book sample	—	—	—	—	—

Vest and Ondo Perps: 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
Lighter WTI	−0.0280%	1h	91.994	−0.083%	$11.1M	$11.5M	20x	as long as short
GRVT CL_USDT_Perp	−0.0202%	4h	91.982	−0.096%	$58K	$715K	25x	as long as short
Deribit WTIOIL_USDC-PERPETUAL	−0.0185%	1h	92.020	−0.054%	$95K	$189K	15x	as long as short
Nado WTI-PERP	−0.0162%	1h	92.065	−0.006%	$923K	$747K	10x	as long as short
Ondo Perps WTI-USD.Pshort	−0.0155%	1h	91.980	−0.098%	$3.5M	$6.4M	20x
Aster CLUSD1	−0.0145%	4h	92.020	−0.054%	$23.9M	$77.9M	20x	as long as short
tradeXYZ xyz:CL	−0.0132%	1h	92.022	−0.052%	$185.6M	$278.1M	20x	as long as short
Aftermath Perps WTIUSD	−0.0103%	1h	92.041	−0.032%	$2K	$29K	5x	as long as short
Bullet WTIOIL-USD	−0.0103%	1h	92.005	−0.071%	$18K	$241K	10x	as long as short
Paradex CL-USD-PERP	−0.0100%	8h	91.982	−0.096%	$15K	$367	5x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance CLUSDT	−0.0049%	4h	92.001	−0.075%	$244.9M	$1.11B	100x	as long as short
Variational Omni CL	−0.0018%	4h	92.003	−0.073%	$13.4M	$13.3M	—	as long as short
Gate CL_USDT	−0.0008%	8h	91.940	−0.141%	$21.3M	$59.6M	100x	as long as short
dYdX WTI-USD	0.0000%	1h	92.108	+0.041%	$8K	$3K	5x	as long as short
Bybit CLUSDT	0.0000%	8h	92.039	−0.034%	$25.5M	$95.7M	150x	as long as short
OKX CL-USDT-SWAP	0.0000%	4h	92.000	−0.076%	$43.2M	$113.2M	50x	as long as short
QFEX CL-USD	0.0000%	1h	92.000	−0.076%	$2.4M	$2.6M	10x	as long as short
Bitget CLUSDT	0.0000%	4h	91.995	−0.081%	$42.1M	$52.2M	100x	as long as short
gTrade (Gains Network) WTI/USD	L 0.0000% / S +0.0036%	1h	91.587	−0.525%	$4K	—	150x	as long as short
Phoenix WTIOIL	+0.0009%	1h	92.060	−0.011%	$37K	$99K	20x	as long as short
Polymarket Perps WTIOIL-USD	+0.0009%	1h	92.006	−0.070%	$1.6M	$1.4M	20x	as long as short
Extended WTI-USD	+0.0032%	1h	92.060	−0.011%	$2.0M	$28.8M	10x	as long as short
StandX CL-USD	+0.0040%	1h	92.000	−0.076%	$723K	$3.0M	40x	as long as short
edgeX CLUSDC	+0.0044%	4h	92.041	−0.032%	$529K	$334K	30x	as long as short
Vest CL-PERPlong	+0.0046%	1h	92.070	long leg	—	$308K	10x
SoDEX CL-USD	+0.0050%	1h	91.997	−0.079%	$2.0M	$39K	20x	as long as short
Pacifica CL	+0.0100%	1h	92.015	−0.060%	$332K	$578K	10x	as long as short
KuCoin CLUSDTM	+0.0100%	4h	92.018	−0.056%	$7.2M	$2.0M	50x	as long as short
ApeX Omni CLUSDT	+0.0100%	1h	91.990	−0.087%	$55K	$266K	50x	as long as short
Aevo WTIOIL-PERP	+0.0104%	1h	91.994	−0.083%	$4K	—	10x	as long as short
Coinbase International WTIOIL-PERP-INTX	+0.0112%	1h	92.020	−0.054%	$398K	$1.1M	15x	as long as short
Injective WTI/USDC PERP	+0.0172%	1h	101.16	+9.872%	$19K	$18K	30x	as long as short
GMX WTIOIL/USD [ETH-USDC]	L +0.0203% / S −0.0127%	1h	91.995	−0.081%	$76K	—	111x	as long as short
BloFin CL-USDT	+0.0240%	4h	91.990	−0.087%	$4.0M	$1.4M	50x	as long as short
Kraken Futures PF_WTIOILUSD	+0.0450%	1h	92.028	−0.046%	$275K	$1.2M	25x	as long as short
RISEx CL/USDC	+0.0977%	1h	92.126	+0.061%	$3.3M	$2.7M	20x	as long as short