CL

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC+0.0168%/8h= +18.4% APRpaid last 24h +0.007%

Price spread now: Coinbase International against Variational Omni−0.155%7-day average −0.086% · you buy dearer than you sell

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

Long on Variational Omni Short on Coinbase International

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.125%−$13 on $10k

Price spread, last 3 days (all we have)+0.094%+$9 · spread now −0.155%, 7d avg −0.086%

Together, before fees−0.031%+ Points / potential airdropVariational Omni: Active · farm board−$3 on $10k · with fees, hour by hour

Funding pays, the price is against you. Coinbase International is 0.068% cheaper against Variational Omni than usual: you would sell low and buy high (spread −0.155% now, against its 7-day average of −0.086%). If the spread goes back, that is −$7 on $10k: about 33 hours of funding at the current rate (+$5 a day). Mind the row above: over the last 3 days funding on this pair cost −0.125%, so the current rate has only just turned in your favour.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Variational Omni CL	92.173	−0.0168	get 0.0084% / 4h	19m 02s	$13.3M	$12.7M	—
Short	Coinbase International WTIOIL-PERP-INTX	92.030	0	get 0.0000% / 1h	19m 02s	$399K	$963K	15x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Coinbase International against Variational Omni. 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 Variational OmnibpFee Coinbase InternationalbpOrdersPrice spread, now −0.155%Rate

Funding earned: $35.24
Price spread: −0.155% → −0.086%: −$6.82
Slippage, 4 orders: no order book: not counted
Fee Variational Omni: 0 bp × 2 orders: $0
Fee Coinbase International: 5 bp × 2 orders: −$10
Net: $18.42
Costs to cover: 0.100%
Break-even: 3.3 days

Slippage unknown: Variational Omni: RFQ quote, just now; Coinbase International: live order book, 34 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 Variational Omni RFQ quote, just now	2.27 bp	doesn't fit	2.5 bp −$25	6.1 bp −$612	doesn't fit
Sell Coinbase International live order book, 34 min ago	1.09 bp	6.1 bp −$6	8.2 bp −$82	doesn't fit	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
Kraken Futures PF_WTIOILUSD	−0.0449%	1h	92.243	+0.076%	$273K	$1.2M	25x	as long as short
GRVT CL_USDT_Perp	−0.0316%	4h	92.191	+0.020%	$58K	$702K	25x	as long as short
Aster CLUSD1	−0.0268%	4h	92.240	+0.073%	$24.0M	$77.6M	20x	as long as short
Binance CLUSDT	−0.0185%	4h	92.220	+0.051%	$244.5M	$1.09B	100x	as long as short
Variational Omni CLlong	−0.0168%	4h	92.173	long leg	$13.3M	$12.7M	—
Nado WTI-PERP	−0.0135%	1h	92.246	+0.079%	$925K	$737K	10x	as long as short
Deribit WTIOIL_USDC-PERPETUAL	−0.0075%	1h	92.230	+0.062%	$96K	$189K	15x	as long as short
Lighter WTI	−0.0072%	1h	92.203	+0.033%	$11.2M	$10.9M	20x	as long as short
Paradex CL-USD-PERP	−0.0059%	8h	92.175	+0.003%	$15K	$367	5x	as long as short
QFEX CL-USD	−0.0054%	1h	92.190	+0.019%	$2.4M	$2.3M	10x	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	−0.0050%	1h	92.229	+0.061%	$186.5M	$275.1M	20x	as long as short
Ondo Perps WTI-USD.P	−0.0042%	1h	92.160	−0.014%	$3.5M	$6.3M	20x	as long as short
Gate CL_USDT	−0.0032%	8h	92.150	−0.024%	$21.3M	$58.0M	100x	as long as short
Pacifica CL	−0.0020%	1h	92.197	+0.027%	$333K	$576K	10x	as long as short
dYdX WTI-USD	0.0000%	1h	92.274	+0.110%	$8K	$3K	5x	as long as short
Bybit CLUSDT	0.0000%	8h	92.235	+0.068%	$25.9M	$94.2M	150x	as long as short
OKX CL-USDT-SWAP	0.0000%	4h	92.200	+0.030%	$43.0M	$112.8M	50x	as long as short
RISEx CL/USDC	0.0000%	1h	92.322	+0.162%	$3.3M	$2.7M	20x	as long as short
Bitget CLUSDT	0.0000%	4h	92.205	+0.035%	$42.0M	$51.6M	100x	as long as short
Phoenix WTIOIL	0.0000%	1h	92.230	+0.062%	$37K	$101K	20x	as long as short
Bullet WTIOIL-USD	0.0000%	1h	92.209	+0.040%	$19K	$241K	10x	as long as short
Coinbase International WTIOIL-PERP-INTXshort	0.0000%	1h	92.030	−0.155%	$399K	$963K	15x
gTrade (Gains Network) WTI/USD	L 0.0000% / S +0.0036%	1h	91.785	−0.420%	$5K	—	150x	as long as short
Extended WTI-USD	+0.0032%	1h	92.255	+0.089%	$2.0M	$26.7M	10x	as long as short
StandX CL-USD	+0.0040%	1h	92.190	+0.019%	$721K	$3.1M	40x	as long as short
Vest CL-PERP	+0.0046%	1h	92.230	+0.062%	—	$308K	10x	as long as short
Polymarket Perps WTIOIL-USD	+0.0050%	1h	92.194	+0.023%	$1.6M	$1.4M	20x	as long as short
SoDEX CL-USD	+0.0050%	1h	92.216	+0.047%	$2.0M	$39K	20x	as long as short
edgeX CLUSDC	+0.0062%	4h	92.213	+0.044%	$530K	$325K	30x	as long as short
KuCoin CLUSDTM	+0.0100%	4h	92.224	+0.056%	$7.1M	$2.1M	50x	as long as short
ApeX Omni CLUSDT	+0.0100%	1h	92.190	+0.019%	$56K	$266K	50x	as long as short
Aevo WTIOIL-PERP	+0.0104%	1h	92.199	+0.029%	$4K	—	10x	as long as short
GMX WTIOIL/USD [ETH-USDC]	L +0.0205% / S −0.0130%	1h	92.215	+0.046%	$77K	—	111x	as long as short
Injective WTI/USDC PERP	+0.0220%	1h	101.18	+9.773%	$19K	$11K	30x	as long as short
BloFin CL-USDT	+0.0240%	4h	92.220	+0.051%	$4.0M	$1.4M	50x	as long as short
Aftermath Perps WTIUSD	+0.0323%	1h	92.198	+0.028%	$2K	$29K	5x	as long as short