Funding you earn now, next payment 00:00 UTC−0.0272%/8h= −29.8% APRpaid last 24h −0.036%
Price spread now: Variational Omni against Aevo−0.029%48s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
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 airdropVariational Omni: Active · farm boardneeds both histories
Both sides work against this trade now: funding costs −$8 a day on $10k at the current rate, and Variational Omni is 0.029% cheaper against Aevo than usual: you would sell low and buy high (−$3 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 48 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 | Aevo WTIOIL-PERP | 92.199 | 0.0104 | pay 0.0013% / 1h | 18m 28s | $4K | — | 10x |
| Short | Variational Omni CL | 92.173 | −0.0168 | pay 0.0084% / 4h | 18m 28s | $13.3M | $12.7M | — |
Aevo WTIOIL-PERP
Variational Omni CLFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni against Aevo. 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
- −$57.08
- Price spread: −0.029% → 0.000%
- −$2.91
- Slippage, 4 orders
- no order book: not counted
- Fee Aevo: 8 bp × 2 orders
- −$16
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$75.99
- Costs to cover
- 0.160%
- Break-even
- never at this rate
Slippage unknown: Aevo: no order-book sample; Variational Omni: RFQ quote, 1 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 Aevo no order-book sample | — | — | — | — | — |
| Sell Variational Omni RFQ quote, 1 min ago | 2.27 bp | doesn't fit | 2.7 bp −$27 | 10.1 bp −$1,006 | doesn't fit |
Aevo: 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_WTIOILUSD | −0.0449% | 1h | 92.243 | +0.047% | $273K | $1.2M | 25x | as long as short |
| GRVT CL_USDT_Perp | −0.0316% | 4h | 92.191 | −0.009% | $58K | $702K | 25x | as long as short |
| Aster CLUSD1 | −0.0267% | 4h | 92.230 | +0.033% | $24.0M | $77.6M | 20x | as long as short |
| Binance CLUSDT | −0.0186% | 4h | 92.210 | +0.011% | $244.5M | $1.09B | 100x | as long as short |
| Variational Omni CLshort | −0.0168% | 4h | 92.173 | −0.029% | $13.3M | $12.7M | — | |
| Nado WTI-PERP | −0.0135% | 1h | 92.253 | +0.059% | $925K | $737K | 10x | as long as short |
| Deribit WTIOIL_USDC-PERPETUAL | −0.0075% | 1h | 92.230 | +0.033% | $96K | $189K | 15x | as long as short |
| Lighter WTI | −0.0072% | 1h | 92.196 | −0.004% | $11.2M | $10.9M | 20x | as long as short |
| Paradex CL-USD-PERP | −0.0057% | 8h | 92.183 | −0.017% | $15K | $367 | 5x | as long as short |
| QFEX CL-USD | −0.0054% | 1h | 92.210 | +0.011% | $2.4M | $2.3M | 10x | as long as short |
Kraken Futures PF_WTIOILUSD
GRVT CL_USDT_Perp
Aster CLUSD1
Binance CLUSDT
Nado WTI-PERP
Deribit WTIOIL_USDC-PERPETUAL
Lighter WTI
Paradex CL-USD-PERP
QFEX CL-USDShow all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| tradeXYZ xyz:CL | −0.0049% | 1h | 92.208 | +0.009% | $186.4M | $275.1M | 20x | as long as short |
| Ondo Perps WTI-USD.P | −0.0041% | 1h | 92.160 | −0.043% | $3.5M | $6.3M | 20x | as long as short |
| Gate CL_USDT | −0.0032% | 8h | 92.130 | −0.075% | $21.3M | $58.0M | 100x | as long as short |
| Pacifica CL | −0.0020% | 1h | 92.208 | +0.010% | $333K | $576K | 10x | as long as short |
| dYdX WTI-USD | 0.0000% | 1h | 92.274 | +0.081% | $8K | $3K | 5x | as long as short |
| Bybit CLUSDT | 0.0000% | 8h | 92.213 | +0.015% | $25.9M | $94.3M | 150x | as long as short |
| OKX CL-USDT-SWAP | 0.0000% | 4h | 92.200 | +0.001% | $43.0M | $112.8M | 50x | as long as short |
| RISEx CL/USDC | 0.0000% | 1h | 92.331 | +0.143% | $3.3M | $2.7M | 20x | as long as short |
| Bitget CLUSDT | 0.0000% | 4h | 92.200 | +0.001% | $42.0M | $51.6M | 100x | as long as short |
| Phoenix WTIOIL | 0.0000% | 1h | 92.230 | +0.033% | $37K | $101K | 20x | as long as short |
| Bullet WTIOIL-USD | 0.0000% | 1h | 92.205 | +0.006% | $19K | $241K | 10x | as long as short |
| Coinbase International WTIOIL-PERP-INTX | 0.0000% | 1h | 92.030 | −0.184% | $399K | $963K | 15x | as long as short |
| gTrade (Gains Network) WTI/USD | L 0.0000% / S +0.0036% | 1h | 91.757 | −0.480% | $5K | — | 150x | as long as short |
| Extended WTI-USD | +0.0032% | 1h | 92.240 | +0.044% | $2.0M | $26.7M | 10x | as long as short |
| StandX CL-USD | +0.0040% | 1h | 92.200 | +0.001% | $721K | $3.1M | 40x | as long as short |
| Vest CL-PERP | +0.0046% | 1h | 92.240 | +0.044% | — | $308K | 10x | as long as short |
| Polymarket Perps WTIOIL-USD | +0.0050% | 1h | 92.208 | +0.009% | $1.6M | $1.3M | 20x | as long as short |
| SoDEX CL-USD | +0.0050% | 1h | 92.216 | +0.018% | $2.0M | $39K | 20x | as long as short |
| edgeX CLUSDC | +0.0062% | 4h | 92.213 | +0.015% | $530K | $325K | 30x | as long as short |
| KuCoin CLUSDTM | +0.0100% | 4h | 92.217 | +0.019% | $7.1M | $2.1M | 50x | as long as short |
| ApeX Omni CLUSDT | +0.0100% | 1h | 92.190 | −0.010% | $56K | $266K | 50x | as long as short |
| Aevo WTIOIL-PERPlong | +0.0104% | 1h | 92.199 | long leg | $4K | — | 10x | |
| GMX WTIOIL/USD [ETH-USDC] | L +0.0205% / S −0.0130% | 1h | 92.205 | +0.006% | $77K | — | 111x | as long as short |
| Injective WTI/USDC PERP | +0.0220% | 1h | 101.18 | +9.741% | $19K | $11K | 30x | as long as short |
| BloFin CL-USDT | +0.0240% | 4h | 92.220 | +0.022% | $4.0M | $1.4M | 50x | as long as short |
| Aftermath Perps WTIUSD | +0.0332% | 1h | 92.201 | +0.001% | $2K | $29K | 5x | as long as short |
tradeXYZ xyz:CL
Ondo Perps WTI-USD.P
Gate CL_USDT
Pacifica CL
dYdX WTI-USD
Bybit CLUSDT
OKX CL-USDT-SWAP
RISEx CL/USDC
Bitget CLUSDT
Phoenix WTIOIL
Bullet WTIOIL-USD
Coinbase International WTIOIL-PERP-INTX
gTrade (Gains Network) WTI/USD
Extended WTI-USD
StandX CL-USD
Vest CL-PERP
Polymarket Perps WTIOIL-USD
SoDEX CL-USD
edgeX CLUSDC
KuCoin CLUSDTM
ApeX Omni CLUSDT
GMX WTIOIL/USD [ETH-USDC]
Injective WTI/USDC PERP
BloFin CL-USDT
Aftermath Perps WTIUSD