CL

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC−0.0046%/8h= −5.0% APRnext payment −$0.06 per $10,000 · paid last 24h −0.014%

Price spread now: Phoenix against Vest+0.021%7-day average — · you sell dearer than you buy

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

Long on Vest Short on Phoenix

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropVest: Active · farm boardneeds both histories

The price spread pays, funding is against you. Phoenix is 0.021% dearer against Vest than usual: you sell high and buy low (spread +0.021% now, against zero (this spread has no 7-day history yet)): +$2 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 38 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Vest CL-PERP	93.100	0.0046	pay 0.0006% / 1h	23m 03s	—	$310K	10x
Short	Phoenix WTIOIL	93.120	0	get 0.0000% / 1h	23m 03s	$37K	$42K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Phoenix 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 PhoenixbpOrdersPrice spread, now +0.021%Rate

Funding earned: −$9.59
Price spread: +0.021% → 0.000%: $2.15
Slippage, 4 orders: no order book: not counted
Fee Vest: 1 bp × 2 orders: −$2
Fee Phoenix: 3.5 bp × 2 orders: −$7
Net: −$16.44
Costs to cover: 0.090%
Break-even: never at this rate

Slippage unknown: Vest: no order-book sample; Phoenix: 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 Phoenix no order-book sample	—	—	—	—	—

Vest and Phoenix: 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	93.060	−0.043%	$199K	$370K	15x	as long as short
Aster CLUSD1	−0.0260%	4h	93.090	−0.011%	$24.0M	$67.0M	20x	as long as short
GRVT CL_USDT_Perp	−0.0244%	4h	93.060	−0.043%	$64K	$648K	25x	as long as short
Kraken Futures PF_WTIOILUSD	−0.0196%	1h	93.107	+0.007%	$274K	$872K	25x	as long as short
Binance CLUSDT	−0.0188%	4h	93.081	−0.020%	$244.9M	$947.8M	100x	as long as short
Variational Omni CL	−0.0182%	4h	93.038	−0.067%	$13.5M	$10.9M	—	as long as short
Bitget CLUSDT	−0.0110%	4h	93.073	−0.029%	$41.9M	$43.7M	100x	as long as short
tradeXYZ xyz:CL	−0.0108%	1h	93.069	−0.033%	$184.7M	$214.3M	20x	as long as short
Aftermath Perps WTIUSD	−0.0101%	1h	93.094	−0.006%	$2K	$27K	5x	as long as short
edgeX CLUSDC	−0.0099%	4h	93.059	−0.044%	$530K	$300K	30x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Ondo Perps WTI-USD.P	−0.0098%	1h	93.030	−0.075%	$3.5M	$5.4M	20x	as long as short
OKX CL-USDT-SWAP	−0.0062%	4h	93.070	−0.032%	$42.6M	$102.7M	50x	as long as short
Gate CL_USDT	−0.0049%	8h	93.020	−0.086%	$20.8M	$51.9M	100x	as long as short
Coinbase International WTIOIL-PERP-INTX	−0.0048%	1h	92.750	−0.376%	$402K	$944K	15x	as long as short
QFEX CL-USD	−0.0043%	1h	93.090	−0.011%	$2.4M	$1.7M	10x	as long as short
Nado WTI-PERP	−0.0032%	1h	93.129	+0.031%	$963K	$650K	10x	as long as short
KuCoin CLUSDTM	−0.0020%	4h	93.075	−0.027%	$7.1M	$2.4M	50x	as long as short
Lighter WTI	0.0000%	1h	93.081	−0.020%	$11.2M	$10.6M	20x	as long as short
dYdX WTI-USD	0.0000%	1h	93.113	+0.014%	$8K	$3K	5x	as long as short
Bybit CLUSDT	0.0000%	8h	93.080	−0.021%	$26.7M	$80.3M	150x	as long as short
RISEx CL/USDC	0.0000%	1h	93.151	+0.054%	$3.1M	$2.9M	20x	as long as short
Phoenix WTIOILshort	0.0000%	1h	93.120	+0.021%	$37K	$42K	20x
Bullet WTIOIL-USD	0.0000%	1h	93.083	−0.018%	$19K	$242K	10x	as long as short
gTrade (Gains Network) WTI/USD	L 0.0000% / S +0.0036%	1h	92.638	−0.496%	$5K	—	150x	as long as short
Paradex CL-USD-PERP	+0.0013%	8h	93.063	−0.039%	$16K	$367	5x	as long as short
Extended WTI-USD	+0.0016%	1h	93.110	+0.011%	$2.0M	$20.6M	10x	as long as short
StandX CL-USD	+0.0040%	1h	93.110	+0.011%	$735K	$2.9M	40x	as long as short
Vest CL-PERPlong	+0.0046%	1h	93.100	long leg	—	$310K	10x
Polymarket Perps WTIOIL-USD	+0.0050%	1h	93.086	−0.015%	$1.7M	$1.3M	20x	as long as short
SoDEX CL-USD	+0.0050%	1h	93.080	−0.021%	$2.1M	$60K	20x	as long as short
Pacifica CL	+0.0068%	1h	93.086	−0.015%	$330K	$622K	10x	as long as short
ApeX Omni CLUSDT	+0.0100%	1h	93.060	−0.043%	$56K	$266K	50x	as long as short
Aevo WTIOIL-PERP	+0.0104%	1h	93.055	−0.048%	$4K	—	10x	as long as short
BloFin CL-USDT	+0.0177%	4h	93.100	0.000%	$4.0M	$1.1M	50x	as long as short
GMX WTIOIL/USD [ETH-USDC]	L +0.0215% / S −0.0142%	1h	93.085	−0.016%	$81K	—	111x	as long as short
Injective WTI/USDC PERP	+0.0220%	1h	102.19	+9.759%	$19K	$11K	30x	as long as short