Settings8H · net · $10k
Funding arb · Price arb /

CL

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Alert: funding
Alert: spread
Funding you earn now, next payment 12:00 UTC+0.0299%/8h= +32.7% APRnext payment +$1.49 per $10,000 · paid last 24h +0.096%
Price spread now: BloFin against Variational Omni−0.164%7-day average +0.008% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)+0.269%+$27 on $10k
Price spread, last 4 days (all we have)−0.220%−$22 · spread now −0.164%, 7d avg +0.008%
Together, before fees+0.048%+ Points / potential airdropVariational Omni: Active · farm board+$5 on $10k · with fees, hour by hour
Funding pays, the price is against you. BloFin is 0.172% cheaper against Variational Omni than usual: you would sell low and buy high (spread −0.164% now, against its 7-day average of +0.008%). If the spread goes back, that is −$17 on $10k: about 46 hours of funding at the current rate (+$9 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni CL92.432−0.0105get 0.0052% / 4h3h 18m$13.5M$10.7M
ShortBloFin CL-USDT92.2800.0194get 0.0097% / 4h3h 18m$4.0M$1.0M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin against Variational Omni. 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

Funding earned
$62.78
Price spread: −0.164% → +0.008%
−$17.15
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee BloFin: 6 bp × 2 orders
−$12
Net
$33.62
Costs to cover
0.120%
Break-even
3.3 days
Slippage unknown: Variational Omni: RFQ quote, just now; BloFin: 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
LegHalf-spread$10k$100k$1M$5M
Buy Variational Omni RFQ quote, just now2.27 bpdoesn't fit2.5 bp −$255.2 bp −$522doesn't fit
Sell BloFin live order book, 5 min ago1.62 bp8.6 bp −$98.8 bp −$8814.8 bp −$1,47637.0 bp −$18.5K

CL on 36 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Deribit WTIOIL_USDC-PERPETUAL−0.0617%1h92.220−0.229%$184K$414K15xas long as short
Kraken Futures PF_WTIOILUSD−0.0315%1h92.300−0.142%$258K$956K25xas long as short
Aster CLUSD1−0.0215%4h92.285−0.159%$24.9M$59.7M20xas long as short
Binance CLUSDT−0.0124%4h92.251−0.196%$245.0M$934.8M100xas long as short
Variational Omni CLlong−0.0105%4h92.432long leg$13.5M$10.7M
Gate CL_USDT−0.0101%8h92.190−0.261%$23.6M$50.5M100xas long as short
Nado WTI-PERP−0.0099%1h92.410−0.023%$946K$598K10xas long as short
GRVT CL_USDT_Perp−0.0094%4h92.469+0.040%$74K$611K25xas long as short
Bitget CLUSDT−0.0076%4h92.212−0.238%$42.0M$42.0M100xas long as short
Aftermath Perps WTIUSD−0.0055%1h92.604+0.187%$1K$27K5xas long as short
Show all 36 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX CL-USDT-SWAP−0.0045%4h92.210−0.240%$42.3M$102.9M50xas long as short
QFEX CL-USD−0.0026%1h92.340−0.099%$2.3M$2.5M10xas long as short
tradeXYZ xyz:CL−0.0009%1h92.288−0.155%$183.7M$192.3M20xas long as short
edgeX CLUSDC−0.0005%4h92.515+0.090%$540K$342K30xas long as short
dYdX WTI-USD0.0000%1h92.319−0.122%$8K$3K5xas long as short
Bybit CLUSDT0.0000%8h92.251−0.195%$27.5M$83.3M150xas long as short
RISEx CL/USDC0.0000%1h92.391−0.044%$3.0M$2.8M20xas long as short
Bullet WTIOIL-USD0.0000%1h92.278−0.166%$19K$239K10xas long as short
gTrade (Gains Network) WTI/USDL 0.0000% / S +0.0036%1h91.867−0.611%$5K150xas long as short
Phoenix WTIOIL+0.0009%1h92.520+0.096%$37K$39K20xas long as short
Coinbase International WTIOIL-PERP-INTX+0.0016%1h92.340−0.099%$417K$982K15xas long as short
Paradex CL-USD-PERP+0.0017%8h92.329−0.111%$15K$3675xas long as short
Lighter WTI+0.0024%1h92.257−0.189%$11.2M$9.0M20xas long as short
Extended WTI-USD+0.0032%1h92.260−0.186%$1.7M$14.0M10xas long as short
Ondo Perps WTI-USD.P+0.0032%1h92.320−0.121%$3.6M$5.2M20xas long as short
StandX CL-USD+0.0040%1h92.520+0.096%$727K$2.8M40xas long as short
Vest CL-PERP+0.0046%1h92.350−0.088%$313K10xas long as short
Polymarket Perps WTIOIL-USD+0.0050%1h92.378−0.058%$1.6M$1.2M20xas long as short
SoDEX CL-USD+0.0050%1h92.255−0.191%$2.1M$69K20xas long as short
Pacifica CL+0.0100%1h92.343−0.096%$342K$574K10xas long as short
KuCoin CLUSDTM+0.0100%4h92.237−0.211%$7.0M$2.5M50xas long as short
ApeX Omni CLUSDT+0.0100%1h92.450+0.020%$54K$266K50xas long as short
Aevo WTIOIL-PERP+0.0104%1h92.232−0.216%$4K10xas long as short
GMX WTIOIL/USD [ETH-USDC]L +0.0165% / S −0.0007%1h92.475+0.047%$80K111xas long as short
BloFin CL-USDTshort+0.0194%4h92.280−0.164%$4.0M$1.0M50x
Injective WTI/USDC PERP+0.0220%1h102.13+10.497%$19K$5K30xas long as short