Funding you earn now, next payment 00:00 UTC−0.0086%/8h= −9.4% APRnext payment −$0.11 per $10,000 · paid last 24h −0.011%
Price spread now: Coinbase International against Vest−0.206%46s7-day average +0.813% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)−0.146%−$15 on $10k
+Price spread, last 3 days (all we have)+0.520%+$52 · spread now −0.206%, 7d avg +0.813%
=Together, before fees+0.374%+ Points / potential airdropVest: Active · farm board+$37 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Coinbase International is 1.019% cheaper against Vest than usual: you would sell low and buy high (−$102 if the spread goes back to its 7-day average of +0.813%). Swap the legs. 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 | Vest CL-PERP | 92.220 | 0.0046 | pay 0.0006% / 1h | 48m 19s | — | $310K | 10x |
| Short | Coinbase International WTIOIL-PERP-INTX | 92.030 | −0.0040 | pay 0.0005% / 1h | 48m 19s | $399K | $960K | 15x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International against Vest. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$17.99
- Price spread: −0.206% → +0.813%
- −$101.93
- Slippage, 4 orders
- no order book: not counted
- Fee Vest: 1 bp × 2 orders
- −$2
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- −$131.93
- Costs to cover
- 0.120%
- Break-even
- never at this rate
Slippage unknown: Vest: no order-book sample; Coinbase International: live order book, just now. 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 Coinbase International live order book, just now | 1.63 bp | 6.6 bp −$7 | 9.3 bp −$93 | 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 | |
|---|---|---|---|---|---|---|---|---|
| GRVT CL_USDT_Perp | −0.0536% | 4h | 92.166 | −0.058% | $58K | $693K | 25x | as long as short |
| Aster CLUSD1 | −0.0323% | 4h | 92.230 | +0.011% | $23.9M | $79.9M | 20x | as long as short |
| Gate CL_USDT | −0.0279% | 8h | 92.150 | −0.076% | $21.3M | $54.4M | 100x | as long as short |
| Binance CLUSDT | −0.0253% | 4h | 92.210 | −0.011% | $245.2M | $1.08B | 100x | as long as short |
| Variational Omni CL | −0.0236% | 4h | 92.101 | −0.129% | $13.2M | $12.7M | — | as long as short |
| Deribit WTIOIL_USDC-PERPETUAL | −0.0184% | 1h | 92.230 | +0.011% | $96K | $189K | 15x | as long as short |
| Bybit CLUSDT | −0.0125% | 8h | 92.220 | 0.000% | $26.0M | $93.7M | 150x | as long as short |
| Kraken Futures PF_WTIOILUSD | −0.0120% | 1h | 92.230 | +0.011% | $273K | $1.2M | 25x | as long as short |
| Nado WTI-PERP | −0.0116% | 1h | 92.230 | +0.011% | $923K | $732K | 10x | as long as short |
| Ondo Perps WTI-USD.P | −0.0102% | 1h | 92.160 | −0.065% | $3.5M | $6.2M | 20x | 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 | −0.0060% | 1h | 92.230 | +0.011% | $186.3M | $261.7M | 20x | as long as short |
| Coinbase International WTIOIL-PERP-INTXshort | −0.0040% | 1h | 92.030 | −0.206% | $399K | $960K | 15x | |
| QFEX CL-USD | −0.0040% | 1h | 92.160 | −0.065% | $2.4M | $2.2M | 10x | as long as short |
| Paradex CL-USD-PERP | −0.0034% | 8h | 92.155 | −0.070% | $15K | $367 | 5x | as long as short |
| Lighter WTI | −0.0032% | 1h | 92.161 | −0.064% | $11.1M | $10.0M | 20x | as long as short |
| dYdX WTI-USD | 0.0000% | 1h | 92.235 | +0.016% | $8K | $3K | 5x | as long as short |
| OKX CL-USDT-SWAP | 0.0000% | 4h | 92.190 | −0.033% | $42.9M | $111.2M | 50x | as long as short |
| RISEx CL/USDC | 0.0000% | 1h | 92.290 | +0.075% | $3.3M | $2.7M | 20x | as long as short |
| Bitget CLUSDT | 0.0000% | 4h | 92.220 | 0.000% | $41.9M | $51.4M | 100x | as long as short |
| Phoenix WTIOIL | 0.0000% | 1h | 92.260 | +0.043% | $37K | $66K | 20x | as long as short |
| Bullet WTIOIL-USD | 0.0000% | 1h | 92.201 | −0.020% | $18K | $241K | 10x | as long as short |
| gTrade (Gains Network) WTI/USD | L 0.0000% / S +0.0036% | 1h | 91.792 | −0.464% | $5K | — | 150x | as long as short |
| Extended WTI-USD | +0.0032% | 1h | 92.270 | +0.054% | $2.0M | $26.7M | 10x | as long as short |
| edgeX CLUSDC | +0.0036% | 4h | 92.162 | −0.063% | $530K | $306K | 30x | as long as short |
| StandX CL-USD | +0.0040% | 1h | 92.150 | −0.076% | $721K | $3.1M | 40x | as long as short |
| Vest CL-PERPlong | +0.0046% | 1h | 92.220 | long leg | — | $310K | 10x | |
| Polymarket Perps WTIOIL-USD | +0.0050% | 1h | 92.181 | −0.042% | $1.6M | $1.4M | 20x | as long as short |
| SoDEX CL-USD | +0.0050% | 1h | 92.211 | −0.010% | $2.0M | $39K | 20x | as long as short |
| Pacifica CL | +0.0100% | 1h | 92.167 | −0.058% | $353K | $596K | 10x | as long as short |
| KuCoin CLUSDTM | +0.0100% | 4h | 92.196 | −0.026% | $7.2M | $2.3M | 50x | as long as short |
| ApeX Omni CLUSDT | +0.0100% | 1h | 92.120 | −0.108% | $55K | $265K | 50x | as long as short |
| Aevo WTIOIL-PERP | +0.0104% | 1h | 92.195 | −0.027% | $4K | — | 10x | as long as short |
| GMX WTIOIL/USD [ETH-USDC] | L +0.0206% / S −0.0131% | 1h | 92.215 | −0.005% | $78K | — | 111x | as long as short |
| Injective WTI/USDC PERP | +0.0220% | 1h | 101.38 | +9.935% | $19K | $11K | 30x | as long as short |
| BloFin CL-USDT | +0.0240% | 4h | 92.180 | −0.043% | $4.0M | $1.4M | 50x | as long as short |
| Aftermath Perps WTIUSD | +0.0409% | 1h | 92.194 | −0.029% | $2K | $29K | 5x | as long as short |
Coinbase International WTIOIL-PERP-INTX
GRVT CL_USDT_Perp
Aster CLUSD1
Gate CL_USDT
Binance CLUSDT
Variational Omni CL
Deribit WTIOIL_USDC-PERPETUAL
Bybit CLUSDT
Kraken Futures PF_WTIOILUSD
tradeXYZ xyz:CL
Paradex CL-USD-PERP
Lighter WTI
OKX CL-USDT-SWAP
RISEx CL/USDC
Bitget CLUSDT
Phoenix WTIOIL
Bullet WTIOIL-USD
gTrade (Gains Network) WTI/USD
Extended WTI-USD
edgeX CLUSDC
StandX CL-USD
Polymarket Perps WTIOIL-USD
SoDEX CL-USD
Pacifica CL
KuCoin CLUSDTM
ApeX Omni CLUSDT
GMX WTIOIL/USD [ETH-USDC]
Injective WTI/USDC PERP
BloFin CL-USDT
Aftermath Perps WTIUSD