CL

Alert: funding

Alert: spread

Funding you earn now, next payment 12:00 UTC+0.0013%/8h= +1.4% APRnext payment +$0.06 per $10,000 · paid last 24h +0.003%

Price spread now: Variational Omni against Binance+0.058%7-day average −0.035% · you sell dearer than you buy

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

Long on Binance Short on Variational Omni

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)−0.003%$0 on $10k

Price spread, last 7 days−0.072%−$7 · spread now +0.058%, 7d avg −0.035%

Together, before fees−0.075%+ Points / potential airdropVariational Omni: Active · farm board−$8 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays $0 a day on $10k at the current rate, and Variational Omni is 0.093% dearer against Binance than usual: you sell high and buy low: +$9 more if the spread goes back to its 7-day average of −0.035%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance CLUSDT	89.380	−0.0093	get 0.0046% / 4h	1h 51m	$240.4M	$1.21B	100x
Short	Variational Omni CL	89.432	−0.0080	pay 0.0040% / 4h	1h 51m	$12.6M	$11.3M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Variational Omni against Binance. 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 BinancebpFee Variational OmnibpOrdersPrice spread, now +0.058%Rate

Funding earned: $2.66
Price spread: +0.058% → −0.035%: $9.34
Slippage, 4 orders: no order book: not counted
Fee Binance: 5 bp × 2 orders: −$10
Fee Variational Omni: 0 bp × 2 orders: $0
Net: $2
Costs to cover: 0.100%
Break-even: 1.7 days

Slippage unknown: Binance: live order book, 16 min ago; 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 Binance live order book, 16 min ago	0.56 bp	5.6 bp −$6	5.6 bp −$56	10.6 bp −$1,059	37.9 bp −$18.9K
Sell Variational Omni RFQ quote, 1 min ago	2.29 bp	doesn't fit	2.4 bp −$24	5.7 bp −$571	doesn't fit

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
Kraken Futures PF_WTIOILUSD	−0.0342%	1h	89.356	−0.026%	$318K	$1.8M	25x	as long as short
Aster CLUSD1	−0.0141%	4h	89.440	+0.067%	$24.2M	$71.2M	20x	as long as short
Bitget CLUSDT	−0.0114%	4h	89.346	−0.038%	$40.5M	$56.7M	100x	as long as short
GRVT CL_USDT_Perp	−0.0110%	4h	89.529	+0.167%	$66K	$632K	25x	as long as short
Binance CLUSDTlong	−0.0093%	4h	89.380	long leg	$240.4M	$1.21B	100x
Ondo Perps WTI-USD.P	−0.0092%	1h	89.420	+0.045%	$3.4M	$6.2M	20x	as long as short
Deribit WTIOIL_USDC-PERPETUAL	−0.0086%	1h	89.370	−0.011%	$42K	$654K	15x	as long as short
tradeXYZ xyz:CL	−0.0085%	1h	89.345	−0.039%	$167.3M	$243.2M	20x	as long as short
Variational Omni CLshort	−0.0080%	4h	89.432	+0.058%	$12.6M	$11.3M	—
edgeX CLUSDC	−0.0079%	4h	89.444	+0.072%	$495K	$384K	30x	as long as short

Show all 36 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Gate CL_USDT	−0.0065%	8h	89.310	−0.078%	$22.9M	$53.5M	100x	as long as short
Extended WTI-USD	−0.0064%	1h	89.380	0.000%	$1.2M	$14.5M	10x	as long as short
Aftermath Perps WTIUSD	−0.0057%	1h	89.582	+0.226%	$1K	$26K	5x	as long as short
Coinbase International WTIOIL-PERP-INTX	−0.0040%	1h	89.360	−0.022%	$408K	$1.5M	15x	as long as short
OKX CL-USDT-SWAP	−0.0026%	4h	89.370	−0.011%	$39.9M	$131.6M	50x	as long as short
Nado WTI-PERP	−0.0025%	1h	89.391	+0.012%	$870K	$684K	10x	as long as short
QFEX CL-USD	−0.0025%	1h	89.340	−0.045%	$2.2M	$2.8M	10x	as long as short
gTrade (Gains Network) WTI/USD	L −0.0001% / S +0.0036%	1h	89.229	−0.169%	$607	—	150x	as long as short
dYdX WTI-USD	0.0000%	1h	89.384	+0.005%	$8K	$3K	5x	as long as short
Bybit CLUSDT	0.0000%	8h	89.380	0.000%	$26.7M	$108.9M	150x	as long as short
RISEx CL/USDC	0.0000%	1h	89.427	+0.053%	$2.8M	$3.1M	20x	as long as short
Phoenix WTIOIL	0.0000%	1h	89.460	+0.090%	$32K	$39K	20x	as long as short
Bullet WTIOIL-USD	0.0000%	1h	89.380	0.000%	$16K	$238K	10x	as long as short
Paradex CL-USD-PERP	+0.0012%	8h	89.405	+0.028%	$15K	$367	5x	as long as short
Lighter WTI	+0.0024%	1h	89.415	+0.039%	$10.6M	$10.2M	20x	as long as short
StandX CL-USD	+0.0040%	1h	89.470	+0.101%	$691K	$2.8M	40x	as long as short
Vest CL-PERP	+0.0046%	1h	89.380	0.000%	—	$313K	10x	as long as short
Polymarket Perps WTIOIL-USD	+0.0050%	1h	89.324	−0.063%	$1.6M	$1.4M	20x	as long as short
SoDEX CL-USD	+0.0050%	1h	89.363	−0.019%	$2.0M	$84K	20x	as long as short
Pacifica CL	+0.0100%	1h	89.449	+0.077%	$299K	$729K	10x	as long as short
KuCoin CLUSDTM	+0.0100%	4h	89.351	−0.032%	$6.9M	$3.0M	50x	as long as short
ApeX Omni CLUSDT	+0.0100%	1h	89.590	+0.235%	$52K	$266K	50x	as long as short
Aevo WTIOIL-PERP	+0.0104%	1h	89.333	−0.052%	$4K	—	10x	as long as short
GMX WTIOIL/USD [ETH-USDC]	L +0.0165% / S −0.0005%	1h	89.465	+0.095%	$77K	—	111x	as long as short
BloFin CL-USDT	+0.0206%	4h	89.580	+0.224%	$3.9M	$1.1M	50x	as long as short
Injective WTI/USDC PERP	+0.0220%	1h	90.137	+0.847%	$16K	$5K	30x	as long as short