CL

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC+0.0030%/8h= +3.2% APRnext payment +$0.04 per $10,000 · paid last 24h +0.014%

Price spread now: Vest against Lighter+0.028%46s7-day average −0.722% · you sell dearer than you buy

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

Long on Lighter Short on Vest

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−1.086%−$109 on $10k

Price spread, last 4 days (all we have)+0.016%+$2 · spread now +0.028%, 7d avg −0.722%

Together, before fees−1.070%+ Points / potential airdropLighter: Season 3 · Vest: Active · farm board−$107 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Vest is 0.750% dearer against Lighter than usual: you sell high and buy low: +$75 more if the spread goes back to its 7-day average of −0.722%. Mind the row above: over the last 3 days funding on this pair cost −1.086%, so the current rate has only just turned in your favour. The two prices were read 46 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	Lighter WTI	92.894	0.0016	pay 0.0002% / 1h	48m 41s	$11.2M	$10.3M	20x
Short	Vest CL-PERP	92.920	0.0046	get 0.0006% / 1h	48m 41s	—	$310K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Vest against Lighter. 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 LighterbpFee VestbpOrdersPrice spread, now +0.028%Rate

Funding earned: $6.23
Price spread: +0.028% → −0.722%: $75.01
Slippage, 4 orders: no order book: not counted
Fee Lighter: 0 bp × 2 orders: $0
Fee Vest: 1 bp × 2 orders: −$2
Net: $79.25
Costs to cover: 0.020%
Break-even: from the start

Slippage unknown: Lighter: live order book, 10 min ago; Vest: no order-book sample. 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 Lighter live order book, 10 min ago	0.22 bp	0.5 bp −$1	0.9 bp −$9	10.3 bp −$1,029	36.6 bp −$18.3K
Sell Vest no order-book sample	—	—	—	—	—

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 35 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	−0.0718%	1h	92.840	−0.058%	$198K	$369K	15x	as long as short
Aster CLUSD1	−0.0238%	4h	92.896	+0.002%	$24.0M	$70.3M	20x	as long as short
GRVT CL_USDT_Perp	−0.0208%	4h	92.953	+0.063%	$61K	$633K	25x	as long as short
Binance CLUSDT	−0.0206%	4h	92.880	−0.015%	$244.6M	$957.3M	100x	as long as short
Variational Omni CL	−0.0200%	4h	92.927	+0.035%	$13.5M	$11.1M	—	as long as short
Ondo Perps WTI-USD.P	−0.0125%	1h	92.820	−0.080%	$3.5M	$5.7M	20x	as long as short
Nado WTI-PERP	−0.0122%	1h	92.942	+0.051%	$962K	$668K	10x	as long as short
Gate CL_USDT	−0.0098%	8h	92.830	−0.069%	$20.9M	$52.2M	100x	as long as short
tradeXYZ xyz:CL	−0.0050%	1h	92.890	−0.004%	$184.8M	$218.5M	20x	as long as short
Coinbase International WTIOIL-PERP-INTX	−0.0040%	1h	92.750	−0.155%	$402K	$944K	15x	as long as short

Show all 35 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
QFEX CL-USD	−0.0032%	1h	92.870	−0.026%	$2.5M	$1.7M	10x	as long as short
Aftermath Perps WTIUSD	−0.0018%	1h	92.914	+0.021%	$2K	$28K	5x	as long as short
OKX CL-USDT-SWAP	−0.0010%	4h	92.870	−0.026%	$42.9M	$102.4M	50x	as long as short
edgeX CLUSDC	−0.0008%	4h	92.823	−0.077%	$529K	$302K	30x	as long as short
dYdX WTI-USD	0.0000%	1h	92.917	+0.025%	$8K	$3K	5x	as long as short
Bybit CLUSDT	0.0000%	8h	92.901	+0.008%	$26.9M	$81.1M	150x	as long as short
Bitget CLUSDT	0.0000%	4h	92.879	−0.016%	$41.9M	$43.4M	100x	as long as short
Phoenix WTIOIL	0.0000%	1h	92.880	−0.015%	$37K	$42K	20x	as long as short
Bullet WTIOIL-USD	0.0000%	1h	92.888	−0.006%	$18K	$241K	10x	as long as short
gTrade (Gains Network) WTI/USD	L 0.0000% / S +0.0036%	1h	92.446	−0.482%	$5K	—	150x	as long as short
Lighter WTIlong	+0.0016%	1h	92.894	long leg	$11.2M	$10.3M	20x
Extended WTI-USD	+0.0032%	1h	92.930	+0.039%	$2.1M	$23.3M	10x	as long as short
Paradex CL-USD-PERP	+0.0034%	8h	92.865	−0.031%	$16K	$367	5x	as long as short
StandX CL-USD	+0.0040%	1h	92.440	−0.489%	$727K	$2.9M	40x	as long as short
Vest CL-PERPshort	+0.0046%	1h	92.920	+0.028%	—	$310K	10x
Polymarket Perps WTIOIL-USD	+0.0050%	1h	92.902	+0.009%	$1.6M	$1.3M	20x	as long as short
SoDEX CL-USD	+0.0050%	1h	92.875	−0.020%	$2.1M	$61K	20x	as long as short
RISEx CL/USDC	+0.0066%	1h	92.993	+0.107%	$3.3M	$2.7M	20x	as long as short
KuCoin CLUSDTM	+0.0072%	4h	92.895	+0.001%	$7.3M	$2.3M	50x	as long as short
Pacifica CL	+0.0100%	1h	92.887	−0.008%	$332K	$618K	10x	as long as short
ApeX Omni CLUSDT	+0.0100%	1h	92.940	+0.050%	$56K	$266K	50x	as long as short
Aevo WTIOIL-PERP	+0.0104%	1h	92.851	−0.046%	$4K	—	10x	as long as short
Kraken Futures PF_WTIOILUSD	+0.0105%	1h	92.879	−0.016%	$273K	$881K	25x	as long as short
GMX WTIOIL/USD [ETH-USDC]	L +0.0207% / S −0.0131%	1h	92.875	−0.020%	$78K	—	111x	as long as short
Injective WTI/USDC PERP	+0.0220%	1h	102.15	+9.961%	$19K	$11K	30x	as long as short