CL

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC+0.0107%/8h= +11.8% APRpaid last 24h +0.013%

Price spread now: gTrade (Gains Network) against Variational Omni−0.494%51s7-day average — · you buy dearer than you sell

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

Long on Variational Omni Short on gTrade (Gains Network)

What this pair did over the last

the charts below follow

Funding, last 1 day (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

Funding pays, the price is against you. gTrade (Gains Network) is 0.494% cheaper against Variational Omni than usual: you would sell low and buy high (spread −0.494% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$49 on $10k: about 15 days of funding at the current rate (+$3 a day). The two prices were read 51 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	Variational Omni CL	93.519	−0.0143	get 0.0072% / 4h	1h 14m	$13.3M	$10.7M	—
Short	gTrade (Gains Network) WTI/USD	93.057	L 0.0000% / S +0.0036%	pay 0.0004% / 1h	14m 28s	$5K	—	150x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

gTrade (Gains Network) 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 gTrade (Gains Network)bpOrdersPrice spread, now −0.494%Rate

Funding earned: $22.54
Price spread: −0.494% → 0.000%: −$49.36
Slippage, 4 orders: no order book: not counted
Fee Variational Omni: 0 bp × 2 orders: $0
Fee gTrade (Gains Network): 4 bp × 2 orders: −$8
Net: −$34.82
Costs to cover: 0.080%
Break-even: 17.8 days

Slippage unknown: Variational Omni: RFQ quote, 5 min ago; gTrade (Gains Network): 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 Variational Omni RFQ quote, 5 min ago	2.26 bp	doesn't fit	3.0 bp −$30	6.0 bp −$596	doesn't fit
Sell gTrade (Gains Network) no order-book sample	—	—	—	—	—

gTrade (Gains Network): 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
Deribit WTIOIL_USDC-PERPETUAL	−0.0498%	1h	93.470	−0.052%	$196K	$385K	15x	as long as short
Aster CLUSD1	−0.0285%	4h	93.500	−0.020%	$24.5M	$65.7M	20x	as long as short
GRVT CL_USDT_Perp	−0.0278%	4h	93.509	−0.010%	$58K	$618K	25x	as long as short
Binance CLUSDT	−0.0154%	4h	93.460	−0.063%	$247.4M	$918.3M	100x	as long as short
Variational Omni CLlong	−0.0143%	4h	93.519	long leg	$13.3M	$10.7M	—
Aftermath Perps WTIUSD	−0.0138%	1h	93.575	+0.060%	$2K	$26K	5x	as long as short
Kraken Futures PF_WTIOILUSD	−0.0137%	1h	93.514	−0.005%	$281K	$961K	25x	as long as short
Ondo Perps WTI-USD.P	−0.0133%	1h	93.440	−0.084%	$3.5M	$5.3M	20x	as long as short
Gate CL_USDT	−0.0121%	8h	93.420	−0.105%	$22.6M	$50.2M	100x	as long as short
Bitget CLUSDT	−0.0116%	4h	93.432	−0.093%	$42.3M	$42.2M	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	−0.0080%	1h	93.444	−0.080%	$184.7M	$205.2M	20x	as long as short
Nado WTI-PERP	−0.0057%	1h	93.541	+0.024%	$965K	$619K	10x	as long as short
OKX CL-USDT-SWAP	−0.0040%	4h	93.450	−0.073%	$42.8M	$101.8M	50x	as long as short
edgeX CLUSDC	−0.0035%	4h	93.575	+0.060%	$526K	$306K	30x	as long as short
QFEX CL-USD	−0.0023%	1h	93.460	−0.063%	$2.3M	$2.4M	10x	as long as short
Coinbase International WTIOIL-PERP-INTX	−0.0008%	1h	93.540	+0.023%	$405K	$917K	15x	as long as short
dYdX WTI-USD	0.0000%	1h	93.562	+0.047%	$8K	$3K	5x	as long as short
Bybit CLUSDT	0.0000%	8h	93.450	−0.073%	$26.7M	$79.2M	150x	as long as short
RISEx CL/USDC	0.0000%	1h	93.505	−0.015%	$3.0M	$2.9M	20x	as long as short
Phoenix WTIOIL	0.0000%	1h	93.630	+0.119%	$37K	$39K	20x	as long as short
Bullet WTIOIL-USD	0.0000%	1h	93.446	−0.078%	$19K	$240K	10x	as long as short
gTrade (Gains Network) WTI/USDshort	L 0.0000% / S +0.0036%	1h	93.057	−0.494%	$5K	—	150x
Lighter WTI	+0.0008%	1h	93.494	−0.026%	$11.3M	$9.7M	20x	as long as short
Paradex CL-USD-PERP	+0.0014%	8h	93.474	−0.048%	$16K	$367	5x	as long as short
Extended WTI-USD	+0.0032%	1h	93.530	+0.012%	$2.0M	$15.2M	10x	as long as short
StandX CL-USD	+0.0040%	1h	93.550	+0.034%	$741K	$2.8M	40x	as long as short
Vest CL-PERP	+0.0046%	1h	93.480	−0.041%	—	$313K	10x	as long as short
Polymarket Perps WTIOIL-USD	+0.0050%	1h	93.454	−0.069%	$1.7M	$1.3M	20x	as long as short
SoDEX CL-USD	+0.0050%	1h	93.502	−0.018%	$2.1M	$60K	20x	as long as short
Pacifica CL	+0.0100%	1h	93.489	−0.032%	$332K	$573K	10x	as long as short
KuCoin CLUSDTM	+0.0100%	4h	93.561	+0.045%	$7.1M	$2.4M	50x	as long as short
ApeX Omni CLUSDT	+0.0100%	1h	93.570	+0.055%	$54K	$266K	50x	as long as short
Aevo WTIOIL-PERP	+0.0104%	1h	93.480	−0.041%	$4K	—	10x	as long as short
BloFin CL-USDT	+0.0203%	4h	93.530	+0.012%	$4.0M	$970K	50x	as long as short
Injective WTI/USDC PERP	+0.0220%	1h	102.82	+9.945%	$19K	$11K	30x	as long as short
GMX WTIOIL/USD [ETH-USDC]	L +0.0248% / S −0.0182%	1h	93.505	−0.015%	$84K	—	111x	as long as short