CL

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC−0.0007%/8h= −0.8% APRnext payment −$0.01 per $10,000 · paid last 24h +0.013%

Price spread now: Vest against Phoenix−0.176%58s7-day average — · you buy dearer than you sell

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

Long on Phoenix Short on Vest

What this pair did over the last

the charts below follow

Funding, last 4 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

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Vest is 0.176% cheaper against Phoenix than usual: you would sell low and buy high, −$18 on $10k if it goes back to zero (this spread has no 7-day history yet). The two prices were read 58 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	Phoenix WTIOIL	90.890	0.0053	pay 0.0007% / 1h	16m 10s	$36K	$37K	20x
Short	Vest CL-PERP	90.730	0.0046	get 0.0006% / 1h	16m 10s	—	$313K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Vest against Phoenix. 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 PhoenixbpFee VestbpOrdersPrice spread, now −0.176%Rate

Funding earned: −$1.56
Price spread: −0.176% → 0.000%: −$17.6
Slippage, 4 orders: no order book: not counted
Fee Phoenix: 3.5 bp × 2 orders: −$7
Fee Vest: 1 bp × 2 orders: −$2
Net: −$28.16
Costs to cover: 0.090%
Break-even: never at this rate

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

Phoenix and 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 exchanges

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	−0.0411%	1h	90.660	−0.253%	$181K	$424K	15x	as long as short
Kraken Futures PF_WTIOILUSD	−0.0365%	1h	90.673	−0.239%	$306K	$1.3M	25x	as long as short
Aster CLUSD1	−0.0169%	4h	90.720	−0.187%	$24.6M	$66.0M	20x	as long as short
Binance CLUSDT	−0.0112%	4h	90.682	−0.229%	$245.8M	$1.09B	100x	as long as short
Bitget CLUSDT	−0.0112%	4h	90.661	−0.252%	$41.2M	$48.9M	100x	as long as short
Variational Omni CL	−0.0084%	4h	90.906	+0.018%	$12.9M	$11.1M	—	as long as short
Nado WTI-PERP	−0.0080%	1h	90.724	−0.183%	$913K	$652K	10x	as long as short
Extended WTI-USD	−0.0080%	1h	90.710	−0.198%	$1.4M	$13.7M	10x	as long as short
Gate CL_USDT	−0.0072%	8h	90.620	−0.297%	$23.0M	$53.7M	100x	as long as short
Ondo Perps WTI-USD.P	−0.0071%	1h	90.680	−0.231%	$3.5M	$5.7M	20x	as long as short

Show all 36 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
tradeXYZ xyz:CL	−0.0059%	1h	90.670	−0.242%	$175.9M	$209.6M	20x	as long as short
GRVT CL_USDT_Perp	−0.0040%	4h	90.943	+0.058%	$70K	$616K	25x	as long as short
Aftermath Perps WTIUSD	−0.0032%	1h	90.944	+0.059%	$2K	$27K	5x	as long as short
OKX CL-USDT-SWAP	−0.0025%	4h	90.650	−0.264%	$40.9M	$117.9M	50x	as long as short
QFEX CL-USD	−0.0023%	1h	90.690	−0.220%	$2.2M	$2.8M	10x	as long as short
edgeX CLUSDC	−0.0004%	4h	90.918	+0.030%	$508K	$379K	30x	as long as short
gTrade (Gains Network) WTI/USD	L −0.0001% / S +0.0036%	1h	90.302	−0.647%	$1K	—	150x	as long as short
dYdX WTI-USD	0.0000%	1h	90.794	−0.105%	$8K	$3K	5x	as long as short
Bybit CLUSDT	0.0000%	8h	90.690	−0.220%	$26.8M	$95.8M	150x	as long as short
RISEx CL/USDC	0.0000%	1h	90.750	−0.154%	$2.9M	$3.0M	20x	as long as short
Bullet WTIOIL-USD	0.0000%	1h	90.691	−0.219%	$17K	$237K	10x	as long as short
Coinbase International WTIOIL-PERP-INTX	+0.0008%	1h	90.660	−0.253%	$420K	$1.1M	15x	as long as short
Paradex CL-USD-PERP	+0.0015%	8h	90.733	−0.172%	$15K	$367	5x	as long as short
Lighter WTI	+0.0016%	1h	90.684	−0.227%	$11.0M	$9.5M	20x	as long as short
Injective WTI/USDC PERP	+0.0033%	1h	100.27	+10.318%	$19K	$5K	30x	as long as short
StandX CL-USD	+0.0040%	1h	90.970	+0.088%	$708K	$2.8M	40x	as long as short
Vest CL-PERPshort	+0.0046%	1h	90.730	−0.176%	—	$313K	10x
Polymarket Perps WTIOIL-USD	+0.0050%	1h	90.666	−0.246%	$1.6M	$1.3M	20x	as long as short
SoDEX CL-USD	+0.0050%	1h	90.693	−0.217%	$2.0M	$81K	20x	as long as short
Phoenix WTIOILlong	+0.0053%	1h	90.890	long leg	$36K	$37K	20x
Pacifica CL	+0.0100%	1h	90.761	−0.142%	$313K	$709K	10x	as long as short
KuCoin CLUSDTM	+0.0100%	4h	90.702	−0.207%	$6.8M	$2.8M	50x	as long as short
ApeX Omni CLUSDT	+0.0100%	1h	90.960	+0.077%	$53K	$266K	50x	as long as short
Aevo WTIOIL-PERP	+0.0104%	1h	90.665	−0.247%	$4K	—	10x	as long as short
BloFin CL-USDT	+0.0215%	4h	90.860	−0.033%	$3.9M	$1.0M	50x	as long as short
GMX WTIOIL/USD [ETH-USDC]	L +0.0250% / S −0.0172%	1h	90.675	−0.237%	$81K	—	111x	as long as short