Funding you earn now, next payment 03:00 UTC+0.0059%/8h= +6.5% APRnext payment +$0.07 per $10,000 · paid last 24h −0.035%
Price spread now: Kraken Futures against Vest+0.001%7-day average +0.897% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)+0.016%+$2 on $10k
+Price spread, last 4 days (all we have)−0.268%−$27 · spread now +0.001%, 7d avg +0.897%
=Together, before fees−0.252%+ Points / potential airdropVest: Active · farm board−$25 on $10k · with fees, hour by hour
Funding pays, the price is against you. Kraken Futures is 0.895% cheaper against Vest than usual: you would sell low and buy high (spread +0.001% now, against its 7-day average of +0.897%). If the spread goes back, that is −$90 on $10k: about 50 days of funding at the current rate (+$2 a day). At the pace of the last 3 days (+0.016% in total) that is about 6 months.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Vest CL-PERP | 92.900 | 0.0046 | pay 0.0006% / 1h | 24m 47s | — | $310K | 10x |
| Short | Kraken Futures PF_WTIOILUSD | 92.901 | 0.0105 | get 0.0013% / 1h | 24m 47s | $273K | $872K | 25x |
Vest CL-PERP
Kraken Futures PF_WTIOILUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures against Vest. 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
- $12.41
- Price spread: +0.001% → +0.897%
- −$89.52
- Slippage, 4 orders
- no order book: not counted
- Fee Vest: 1 bp × 2 orders
- −$2
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$89.11
- Costs to cover
- 0.120%
- Break-even
- 57.3 days
Slippage unknown: Vest: no order-book sample; Kraken Futures: live order book, 44 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 Vest no order-book sample | — | — | — | — | — |
| Sell Kraken Futures live order book, 44 min ago | 3.23 bp | 8.8 bp −$9 | 22.0 bp −$220 | doesn't fit | doesn't fit |
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 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 | −0.0503% | 1h | 92.860 | −0.043% | $198K | $369K | 15x | as long as short |
| Aster CLUSD1 | −0.0252% | 4h | 92.820 | −0.086% | $23.9M | $68.4M | 20x | as long as short |
| GRVT CL_USDT_Perp | −0.0236% | 4h | 92.878 | −0.024% | $61K | $625K | 25x | as long as short |
| Binance CLUSDT | −0.0207% | 4h | 92.810 | −0.097% | $244.4M | $952.4M | 100x | as long as short |
| Variational Omni CL | −0.0202% | 4h | 92.856 | −0.047% | $13.6M | $11.1M | — | as long as short |
| Ondo Perps WTI-USD.P | −0.0168% | 1h | 92.830 | −0.075% | $3.5M | $5.6M | 20x | as long as short |
| Nado WTI-PERP | −0.0156% | 1h | 92.934 | +0.037% | $962K | $660K | 10x | as long as short |
| Gate CL_USDT | −0.0088% | 8h | 92.760 | −0.151% | $20.9M | $52.6M | 100x | as long as short |
| edgeX CLUSDC | −0.0079% | 4h | 92.903 | +0.003% | $529K | $301K | 30x | as long as short |
| tradeXYZ xyz:CL | −0.0068% | 1h | 92.817 | −0.089% | $184.5M | $217.2M | 20x | as long as short |
Deribit WTIOIL_USDC-PERPETUAL
Aster CLUSD1
GRVT CL_USDT_Perp
Binance CLUSDT
Variational Omni CL
Ondo Perps WTI-USD.P
Nado WTI-PERP
Gate CL_USDT
edgeX CLUSDC
tradeXYZ xyz:CLShow all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX CL-USDT-SWAP | −0.0058% | 4h | 92.800 | −0.108% | $42.8M | $102.0M | 50x | as long as short |
| Aftermath Perps WTIUSD | −0.0050% | 1h | 92.887 | −0.014% | $2K | $27K | 5x | as long as short |
| Coinbase International WTIOIL-PERP-INTX | −0.0040% | 1h | 92.750 | −0.161% | $402K | $944K | 15x | as long as short |
| QFEX CL-USD | −0.0032% | 1h | 92.850 | −0.054% | $2.5M | $1.7M | 10x | as long as short |
| Extended WTI-USD | −0.0032% | 1h | 92.880 | −0.022% | $2.1M | $22.6M | 10x | as long as short |
| Lighter WTI | 0.0000% | 1h | 92.818 | −0.088% | $11.2M | $10.4M | 20x | as long as short |
| dYdX WTI-USD | 0.0000% | 1h | 92.845 | −0.060% | $8K | $3K | 5x | as long as short |
| Bybit CLUSDT | 0.0000% | 8h | 92.830 | −0.075% | $26.7M | $81.2M | 150x | as long as short |
| Bitget CLUSDT | 0.0000% | 4h | 92.810 | −0.097% | $41.9M | $43.3M | 100x | as long as short |
| Phoenix WTIOIL | 0.0000% | 1h | 92.910 | +0.011% | $37K | $42K | 20x | as long as short |
| Bullet WTIOIL-USD | 0.0000% | 1h | 92.879 | −0.023% | $18K | $241K | 10x | as long as short |
| gTrade (Gains Network) WTI/USD | L 0.0000% / S +0.0036% | 1h | 92.454 | −0.480% | $5K | — | 150x | as long as short |
| Paradex CL-USD-PERP | +0.0018% | 8h | 92.867 | −0.035% | $16K | $367 | 5x | as long as short |
| KuCoin CLUSDTM | +0.0032% | 4h | 92.860 | −0.043% | $7.3M | $2.3M | 50x | as long as short |
| StandX CL-USD | +0.0040% | 1h | 92.430 | −0.506% | $727K | $2.9M | 40x | as long as short |
| Vest CL-PERPlong | +0.0046% | 1h | 92.900 | long leg | — | $310K | 10x | |
| Polymarket Perps WTIOIL-USD | +0.0050% | 1h | 92.889 | −0.012% | $1.6M | $1.3M | 20x | as long as short |
| SoDEX CL-USD | +0.0050% | 1h | 92.884 | −0.017% | $2.1M | $61K | 20x | as long as short |
| RISEx CL/USDC | +0.0066% | 1h | 92.987 | +0.093% | $3.2M | $2.8M | 20x | as long as short |
| Pacifica CL | +0.0100% | 1h | 92.815 | −0.091% | $331K | $619K | 10x | as long as short |
| ApeX Omni CLUSDT | +0.0100% | 1h | 92.980 | +0.086% | $56K | $265K | 50x | as long as short |
| Aevo WTIOIL-PERP | +0.0104% | 1h | 92.846 | −0.058% | $4K | — | 10x | as long as short |
| Kraken Futures PF_WTIOILUSDshort | +0.0105% | 1h | 92.901 | +0.001% | $273K | $872K | 25x | |
| BloFin CL-USDT | +0.0185% | 4h | 92.880 | −0.022% | $4.0M | $1.1M | 50x | as long as short |
| GMX WTIOIL/USD [ETH-USDC] | L +0.0207% / S −0.0131% | 1h | 92.885 | −0.016% | $78K | — | 111x | as long as short |
| Injective WTI/USDC PERP | +0.0220% | 1h | 101.95 | +9.746% | $19K | $11K | 30x | as long as short |
OKX CL-USDT-SWAP
Aftermath Perps WTIUSD
Coinbase International WTIOIL-PERP-INTX
QFEX CL-USD
Extended WTI-USD
Lighter WTI
dYdX WTI-USD
Bybit CLUSDT
Bitget CLUSDT
Phoenix WTIOIL
Bullet WTIOIL-USD
gTrade (Gains Network) WTI/USD
Paradex CL-USD-PERP
KuCoin CLUSDTM
StandX CL-USD
Polymarket Perps WTIOIL-USD
SoDEX CL-USD
RISEx CL/USDC
Pacifica CL
ApeX Omni CLUSDT
Aevo WTIOIL-PERP
BloFin CL-USDT
GMX WTIOIL/USD [ETH-USDC]
Injective WTI/USDC PERP