CL

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0107%/8h= −11.7% APRnext payment −$0.54 per $10,000 · paid last 24h −0.021%

Price spread now: Variational Omni against OKX−0.012%7-day average −0.024% · you buy dearer than you sell

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

Long on OKX Short on Variational Omni

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)−0.002%$0 on $10k

Price spread, last 7 days−0.002%$0 · spread now −0.012%, 7d avg −0.024%

Together, before fees−0.004%+ Points / potential airdropVariational Omni: Active · farm board$0 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.024%, so right now this pair is about funding alone: −$3 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	OKX CL-USDT-SWAP	93.570	−0.0031	get 0.0016% / 4h	1h 19m	$42.9M	$101.8M	50x
Short	Variational Omni CL	93.559	−0.0139	pay 0.0069% / 4h	1h 19m	$13.5M	$10.6M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Variational Omni against OKX. 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 OKXbpFee Variational OmnibpOrdersPrice spread, now −0.012%Rate

Funding earned: −$22.52
Price spread: −0.012% → −0.024%: $1.18
Slippage, 4 orders: no order book: not counted
Fee OKX: 5 bp × 2 orders: −$10
Fee Variational Omni: 0 bp × 2 orders: $0
Net: −$31.34
Costs to cover: 0.100%
Break-even: never at this rate

Slippage unknown: OKX: live order book, 5 min ago; Variational Omni: RFQ quote, 5 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 OKX live order book, 5 min ago	0.53 bp	5.5 bp −$6	6.1 bp −$61	12.3 bp −$1,225	doesn't fit
Sell Variational Omni RFQ quote, 5 min ago	2.26 bp	doesn't fit	3.0 bp −$30	5.9 bp −$593	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	−0.0605%	1h	93.510	−0.064%	$196K	$384K	15x	as long as short
Aster CLUSD1	−0.0281%	4h	93.624	+0.058%	$24.6M	$65.6M	20x	as long as short
GRVT CL_USDT_Perp	−0.0266%	4h	93.631	+0.065%	$58K	$618K	25x	as long as short
Binance CLUSDT	−0.0153%	4h	93.580	+0.011%	$246.9M	$917.1M	100x	as long as short
Variational Omni CLshort	−0.0139%	4h	93.559	−0.012%	$13.5M	$10.6M	—
Aftermath Perps WTIUSD	−0.0137%	1h	93.623	+0.056%	$2K	$26K	5x	as long as short
Kraken Futures PF_WTIOILUSD	−0.0137%	1h	93.558	−0.012%	$282K	$962K	25x	as long as short
Ondo Perps WTI-USD.P	−0.0131%	1h	93.570	0.000%	$3.5M	$5.3M	20x	as long as short
Gate CL_USDT	−0.0115%	8h	93.520	−0.053%	$22.6M	$49.7M	100x	as long as short
Bitget CLUSDT	−0.0112%	4h	93.580	+0.011%	$42.3M	$42.1M	100x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
tradeXYZ xyz:CL	−0.0082%	1h	93.597	+0.029%	$185.0M	$205.1M	20x	as long as short
Nado WTI-PERP	−0.0057%	1h	93.603	+0.036%	$965K	$620K	10x	as long as short
OKX CL-USDT-SWAPlong	−0.0031%	4h	93.570	long leg	$42.9M	$101.8M	50x
QFEX CL-USD	−0.0023%	1h	93.530	−0.043%	$2.3M	$2.4M	10x	as long as short
edgeX CLUSDC	−0.0009%	4h	93.644	+0.079%	$526K	$306K	30x	as long as short
Coinbase International WTIOIL-PERP-INTX	−0.0008%	1h	93.500	−0.075%	$404K	$916K	15x	as long as short
dYdX WTI-USD	0.0000%	1h	93.649	+0.084%	$8K	$3K	5x	as long as short
Bybit CLUSDT	0.0000%	8h	93.570	0.000%	$26.8M	$79.1M	150x	as long as short
RISEx CL/USDC	0.0000%	1h	93.580	+0.011%	$3.1M	$2.9M	20x	as long as short
Phoenix WTIOIL	0.0000%	1h	93.620	+0.053%	$37K	$39K	20x	as long as short
Bullet WTIOIL-USD	0.0000%	1h	93.547	−0.025%	$19K	$239K	10x	as long as short
gTrade (Gains Network) WTI/USD	L 0.0000% / S +0.0036%	1h	93.125	−0.476%	$5K	—	150x	as long as short
Lighter WTI	+0.0016%	1h	93.587	+0.018%	$11.3M	$9.7M	20x	as long as short
Paradex CL-USD-PERP	+0.0016%	8h	93.535	−0.038%	$16K	$367	5x	as long as short
Extended WTI-USD	+0.0032%	1h	93.590	+0.021%	$2.0M	$15.4M	10x	as long as short
StandX CL-USD	+0.0040%	1h	93.660	+0.096%	$742K	$2.8M	40x	as long as short
Vest CL-PERP	+0.0046%	1h	93.560	−0.011%	—	$313K	10x	as long as short
Polymarket Perps WTIOIL-USD	+0.0050%	1h	93.521	−0.052%	$1.7M	$1.3M	20x	as long as short
SoDEX CL-USD	+0.0050%	1h	93.571	+0.001%	$2.1M	$60K	20x	as long as short
Pacifica CL	+0.0100%	1h	93.544	−0.028%	$333K	$573K	10x	as long as short
KuCoin CLUSDTM	+0.0100%	4h	93.594	+0.026%	$7.1M	$2.4M	50x	as long as short
ApeX Omni CLUSDT	+0.0100%	1h	93.660	+0.096%	$54K	$266K	50x	as long as short
Aevo WTIOIL-PERP	+0.0104%	1h	93.541	−0.031%	$4K	—	10x	as long as short
BloFin CL-USDT	+0.0211%	4h	93.560	−0.011%	$4.0M	$970K	50x	as long as short
Injective WTI/USDC PERP	+0.0220%	1h	102.97	+10.049%	$19K	$11K	30x	as long as short
GMX WTIOIL/USD [ETH-USDC]	L +0.0247% / S −0.0182%	1h	93.535	−0.037%	$84K	—	111x	as long as short