CL

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC−0.0046%/8h= −5.0% APRnext payment −$0.06 per $10,000 · paid last 24h −0.015%

Price spread now: Bullet against Vest−0.023%7-day average +0.879% · you buy dearer than you sell

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

Long on Vest Short on Bullet

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.002%$0 on $10k

Price spread, last 4 days (all we have)+0.101%+$10 · spread now −0.023%, 7d avg +0.879%

Together, before fees+0.099%+ Points / potential airdropVest: Active · farm board+$10 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Bullet is 0.903% cheaper against Vest than usual: you would sell low and buy high (−$90 if the spread goes back to its 7-day average of +0.879%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Vest CL-PERP	92.790	0.0046	pay 0.0006% / 1h	36m 24s	—	$310K	10x
Short	Bullet WTIOIL-USD	92.768	0	get 0.0000% / 1h	36m 24s	$17K	$240K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bullet against Vest. 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 VestbpFee BulletbpOrdersPrice spread, now −0.023%Rate

Funding earned: −$9.59
Price spread: −0.023% → +0.879%: −$90.28
Slippage, 4 orders: no order book: not counted
Fee Vest: 1 bp × 2 orders: −$2
Fee Bullet: 4 bp × 2 orders: −$8
Net: −$109.88
Costs to cover: 0.100%
Break-even: never at this rate

Slippage unknown: Vest: no order-book sample; Bullet: live order book, 33 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 Vest no order-book sample	—	—	—	—	—
Sell Bullet live order book, 33 min ago	0.54 bp	6.5 bp −$7	17.7 bp −$177	doesn't fit	doesn't fit

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 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	−0.0504%	1h	92.740	−0.054%	$198K	$366K	15x	as long as short
Aster CLUSD1	−0.0330%	4h	92.777	−0.014%	$23.9M	$74.5M	20x	as long as short
GRVT CL_USDT_Perp	−0.0296%	4h	92.686	−0.112%	$50K	$633K	25x	as long as short
Binance CLUSDT	−0.0272%	4h	92.770	−0.022%	$244.3M	$991.6M	100x	as long as short
Variational Omni CL	−0.0266%	4h	92.741	−0.053%	$13.3M	$11.1M	—	as long as short
Gate CL_USDT	−0.0154%	8h	92.710	−0.086%	$20.9M	$53.0M	100x	as long as short
tradeXYZ xyz:CL	−0.0067%	1h	92.775	−0.016%	$185.1M	$221.7M	20x	as long as short
Ondo Perps WTI-USD.P	−0.0065%	1h	92.710	−0.086%	$3.5M	$5.7M	20x	as long as short
Coinbase International WTIOIL-PERP-INTX	−0.0048%	1h	92.030	−0.819%	$399K	$939K	15x	as long as short
Kraken Futures PF_WTIOILUSD	−0.0038%	1h	92.797	+0.007%	$275K	$870K	25x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Nado WTI-PERP	−0.0036%	1h	92.809	+0.020%	$936K	$677K	10x	as long as short
QFEX CL-USD	−0.0033%	1h	92.740	−0.054%	$2.5M	$1.7M	10x	as long as short
OKX CL-USDT-SWAP	−0.0010%	4h	92.760	−0.032%	$42.8M	$106.1M	50x	as long as short
dYdX WTI-USD	0.0000%	1h	92.754	−0.039%	$8K	$3K	5x	as long as short
Bybit CLUSDT	0.0000%	8h	92.781	−0.010%	$26.3M	$82.9M	150x	as long as short
Bitget CLUSDT	0.0000%	4h	92.762	−0.030%	$41.9M	$45.8M	100x	as long as short
Phoenix WTIOIL	0.0000%	1h	92.790	0.000%	$37K	$51K	20x	as long as short
Bullet WTIOIL-USDshort	0.0000%	1h	92.768	−0.023%	$17K	$240K	10x
gTrade (Gains Network) WTI/USD	L 0.0000% / S +0.0036%	1h	92.338	−0.487%	$5K	—	150x	as long as short
Extended WTI-USD	+0.0016%	1h	92.790	0.000%	$2.1M	$25.0M	10x	as long as short
edgeX CLUSDC	+0.0018%	4h	92.721	−0.074%	$533K	$297K	30x	as long as short
Paradex CL-USD-PERP	+0.0023%	8h	92.740	−0.054%	$16K	$367	5x	as long as short
Lighter WTI	+0.0032%	1h	92.759	−0.033%	$11.2M	$10.2M	20x	as long as short
RISEx CL/USDC	+0.0037%	1h	92.883	+0.101%	$3.3M	$2.7M	20x	as long as short
Aftermath Perps WTIUSD	+0.0038%	1h	92.757	−0.035%	$2K	$28K	5x	as long as short
StandX CL-USD	+0.0040%	1h	92.380	−0.442%	$726K	$3.0M	40x	as long as short
Vest CL-PERPlong	+0.0046%	1h	92.790	long leg	—	$310K	10x
Polymarket Perps WTIOIL-USD	+0.0050%	1h	92.775	−0.016%	$1.6M	$1.3M	20x	as long as short
SoDEX CL-USD	+0.0050%	1h	92.765	−0.027%	$2.1M	$61K	20x	as long as short
KuCoin CLUSDTM	+0.0068%	4h	92.800	+0.011%	$7.2M	$2.3M	50x	as long as short
Pacifica CL	+0.0100%	1h	92.761	−0.032%	$331K	$616K	10x	as long as short
ApeX Omni CLUSDT	+0.0100%	1h	92.760	−0.032%	$56K	$265K	50x	as long as short
Aevo WTIOIL-PERP	+0.0104%	1h	92.733	−0.061%	$4K	—	10x	as long as short
GMX WTIOIL/USD [ETH-USDC]	L +0.0207% / S −0.0131%	1h	92.755	−0.038%	$78K	—	111x	as long as short
Injective WTI/USDC PERP	+0.0220%	1h	101.83	+9.746%	$19K	$11K	30x	as long as short
BloFin CL-USDT	+0.0228%	4h	92.730	−0.065%	$4.0M	$1.2M	50x	as long as short