Funding you earn now, next payment 07:00 UTC−0.0001%/8h= −0.1% APRpaid last 24h +0.006%
Price spread now: Kraken Futures against Variational Omni+0.037%58s7-day average +0.026% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)+0.046%+$5 on $10k
+Price spread, last 4 days (all we have)−0.057%−$6 · spread now +0.037%, 7d avg +0.026%
=Together, before fees−0.011%+ Points / potential airdropVariational Omni: Active · farm board−$1 on $10k · with fees, hour by hour
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni CL | 93.629 | −0.0136 | get 0.0068% / 4h | 1h 25m | $13.5M | $10.6M | — |
| Short | Kraken Futures PF_WTIOILUSD | 93.663 | −0.0137 | pay 0.0017% / 1h | 25m 24s | $283K | $960K | 25x |
Variational Omni CL
Kraken Futures PF_WTIOILUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures 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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$0.15
- Price spread: +0.037% → +0.026%
- $1.1
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$9.06
- Costs to cover
- 0.100%
- Break-even
- never at this rate
Slippage unknown: Variational Omni: RFQ quote, 4 min ago; Kraken Futures: live order book, 23 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 Variational Omni RFQ quote, 4 min ago | 2.26 bp | doesn't fit | 2.3 bp −$23 | 5.5 bp −$549 | doesn't fit |
| Sell Kraken Futures live order book, 23 min ago | 2.08 bp | 9.7 bp −$10 | 19.4 bp −$194 | doesn't fit | doesn't fit |
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 | −0.0497% | 1h | 93.610 | −0.020% | $196K | $383K | 15x | as long as short |
| Aster CLUSD1 | −0.0273% | 4h | 93.672 | +0.047% | $24.6M | $65.2M | 20x | as long as short |
| GRVT CL_USDT_Perp | −0.0262% | 4h | 93.658 | +0.031% | $58K | $618K | 25x | as long as short |
| Binance CLUSDT | −0.0148% | 4h | 93.650 | +0.022% | $247.1M | $916.7M | 100x | as long as short |
| Aftermath Perps WTIUSD | −0.0142% | 1h | 93.663 | +0.037% | $2K | $26K | 5x | as long as short |
| Kraken Futures PF_WTIOILUSDshort | −0.0137% | 1h | 93.663 | +0.037% | $283K | $960K | 25x | |
| Variational Omni CLlong | −0.0136% | 4h | 93.629 | long leg | $13.5M | $10.6M | — | |
| Ondo Perps WTI-USD.P | −0.0118% | 1h | 93.600 | −0.031% | $3.5M | $5.3M | 20x | as long as short |
| Gate CL_USDT | −0.0109% | 8h | 93.550 | −0.084% | $22.5M | $49.4M | 100x | as long as short |
| Bitget CLUSDT | −0.0102% | 4h | 93.629 | 0.000% | $42.3M | $42.1M | 100x | as long as short |
Deribit WTIOIL_USDC-PERPETUAL
Aster CLUSD1
GRVT CL_USDT_Perp
Binance CLUSDT
Aftermath Perps WTIUSD
Ondo Perps WTI-USD.P
Gate CL_USDT
Bitget CLUSDTShow all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| tradeXYZ xyz:CL | −0.0076% | 1h | 93.637 | +0.009% | $185.2M | $207.0M | 20x | as long as short |
| Nado WTI-PERP | −0.0055% | 1h | 93.681 | +0.056% | $966K | $620K | 10x | as long as short |
| edgeX CLUSDC | −0.0037% | 4h | 93.643 | +0.016% | $526K | $305K | 30x | as long as short |
| QFEX CL-USD | −0.0023% | 1h | 93.610 | −0.020% | $2.3M | $2.4M | 10x | as long as short |
| OKX CL-USDT-SWAP | −0.0020% | 4h | 93.630 | +0.001% | $42.9M | $101.8M | 50x | as long as short |
| Coinbase International WTIOIL-PERP-INTX | −0.0008% | 1h | 93.500 | −0.137% | $404K | $916K | 15x | as long as short |
| dYdX WTI-USD | 0.0000% | 1h | 93.729 | +0.107% | $8K | $3K | 5x | as long as short |
| Bybit CLUSDT | 0.0000% | 8h | 93.643 | +0.015% | $27.0M | $79.0M | 150x | as long as short |
| RISEx CL/USDC | 0.0000% | 1h | 93.710 | +0.087% | $3.1M | $2.9M | 20x | as long as short |
| Phoenix WTIOIL | 0.0000% | 1h | 93.730 | +0.108% | $37K | $39K | 20x | as long as short |
| Bullet WTIOIL-USD | 0.0000% | 1h | 93.640 | +0.012% | $19K | $239K | 10x | as long as short |
| gTrade (Gains Network) WTI/USD | L 0.0000% / S +0.0036% | 1h | 93.189 | −0.470% | $5K | — | 150x | as long as short |
| Lighter WTI | +0.0016% | 1h | 93.618 | −0.011% | $11.3M | $9.6M | 20x | as long as short |
| Paradex CL-USD-PERP | +0.0022% | 8h | 93.596 | −0.035% | $16K | $367 | 5x | as long as short |
| Extended WTI-USD | +0.0032% | 1h | 93.660 | +0.034% | $2.0M | $15.6M | 10x | as long as short |
| StandX CL-USD | +0.0040% | 1h | 93.680 | +0.055% | $742K | $2.8M | 40x | as long as short |
| Vest CL-PERP | +0.0046% | 1h | 93.660 | +0.034% | — | $313K | 10x | as long as short |
| Polymarket Perps WTIOIL-USD | +0.0050% | 1h | 93.633 | +0.005% | $1.7M | $1.3M | 20x | as long as short |
| SoDEX CL-USD | +0.0050% | 1h | 93.643 | +0.015% | $2.1M | $61K | 20x | as long as short |
| Pacifica CL | +0.0100% | 1h | 93.614 | −0.016% | $333K | $574K | 10x | as long as short |
| KuCoin CLUSDTM | +0.0100% | 4h | 93.644 | +0.016% | $7.1M | $2.4M | 50x | as long as short |
| ApeX Omni CLUSDT | +0.0100% | 1h | 93.750 | +0.130% | $54K | $266K | 50x | as long as short |
| Aevo WTIOIL-PERP | +0.0104% | 1h | 93.612 | −0.018% | $4K | — | 10x | as long as short |
| Injective WTI/USDC PERP | +0.0220% | 1h | 102.97 | +9.980% | $19K | $11K | 30x | as long as short |
| BloFin CL-USDT | +0.0224% | 4h | 93.640 | +0.012% | $4.0M | $977K | 50x | as long as short |
| GMX WTIOIL/USD [ETH-USDC] | L +0.0246% / S −0.0180% | 1h | 93.695 | +0.071% | $84K | — | 111x | as long as short |
tradeXYZ xyz:CL
Nado WTI-PERP
edgeX CLUSDC
QFEX CL-USD
OKX CL-USDT-SWAP
Coinbase International WTIOIL-PERP-INTX
dYdX WTI-USD
Bybit CLUSDT
RISEx CL/USDC
Phoenix WTIOIL
Bullet WTIOIL-USD
gTrade (Gains Network) WTI/USD
Lighter WTI
Paradex CL-USD-PERP
Extended WTI-USD
StandX CL-USD
Vest CL-PERP
Polymarket Perps WTIOIL-USD
SoDEX CL-USD
Pacifica CL
KuCoin CLUSDTM
ApeX Omni CLUSDT
Aevo WTIOIL-PERP
Injective WTI/USDC PERP
BloFin CL-USDT
GMX WTIOIL/USD [ETH-USDC]