CL

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0081%/8h= −8.8% APRnext payment −$0.10 per $10,000 · paid last 24h −0.027%

Price spread now: tradeXYZ against Vest+0.050%7-day average +0.817% · you sell dearer than you buy

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

Long on Vest Short on tradeXYZ

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)−0.012%−$1 on $10k

Price spread, last 4 days (all we have)−0.087%−$9 · spread now +0.050%, 7d avg +0.817%

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

Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and tradeXYZ is 0.766% cheaper against Vest than usual: you would sell low and buy high (−$77 if the spread goes back to its 7-day average of +0.817%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Vest CL-PERP	93.070	0.0046	pay 0.0006% / 1h	31m 10s	—	$313K	10x
Short	tradeXYZ xyz:CL	93.117	−0.0035	pay 0.0004% / 1h	31m 10s	$184.2M	$199.9M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

tradeXYZ 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 tradeXYZbpOrdersPrice spread, now +0.050%Rate

Funding earned: −$16.91
Price spread: +0.050% → +0.817%: −$76.63
Slippage, 4 orders: no order book: not counted
Fee Vest: 1 bp × 2 orders: −$2
Fee tradeXYZ: 9 bp × 2 orders: −$18
Net: −$113.53
Costs to cover: 0.200%
Break-even: never at this rate

Slippage unknown: Vest: no order-book sample; tradeXYZ: live order book, 9 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 tradeXYZ live order book, 9 min ago	0.27 bp	9.7 bp −$10	10.4 bp −$104	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	−0.0502%	1h	93.040	−0.032%	$194K	$395K	15x	as long as short
Aster CLUSD1	−0.0287%	4h	93.102	+0.034%	$24.6M	$64.6M	20x	as long as short
GRVT CL_USDT_Perp	−0.0262%	4h	93.080	+0.011%	$77K	$622K	25x	as long as short
Kraken Futures PF_WTIOILUSD	−0.0210%	1h	93.057	−0.014%	$274K	$939K	25x	as long as short
Binance CLUSDT	−0.0161%	4h	93.088	+0.020%	$247.2M	$923.5M	100x	as long as short
Variational Omni CL	−0.0143%	4h	93.137	+0.072%	$13.4M	$10.6M	—	as long as short
Gate CL_USDT	−0.0129%	8h	93.030	−0.043%	$22.9M	$49.3M	100x	as long as short
Bitget CLUSDT	−0.0124%	4h	93.101	+0.033%	$42.3M	$41.7M	100x	as long as short
Aftermath Perps WTIUSD	−0.0108%	1h	93.160	+0.097%	$2K	$26K	5x	as long as short
Nado WTI-PERP	−0.0100%	1h	93.079	+0.009%	$954K	$623K	10x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
edgeX CLUSDC	−0.0076%	4h	93.101	+0.033%	$523K	$306K	30x	as long as short
OKX CL-USDT-SWAP	−0.0075%	4h	93.070	0.000%	$42.7M	$102.9M	50x	as long as short
QFEX CL-USD	−0.0038%	1h	93.020	−0.054%	$2.3M	$2.5M	10x	as long as short
tradeXYZ xyz:CLshort	−0.0035%	1h	93.117	+0.050%	$184.2M	$199.9M	20x
Ondo Perps WTI-USD.P	−0.0022%	1h	93.080	+0.011%	$3.6M	$5.3M	20x	as long as short
Lighter WTI	−0.0016%	1h	93.061	−0.010%	$11.2M	$9.2M	20x	as long as short
Coinbase International WTIOIL-PERP-INTX	−0.0016%	1h	93.540	+0.505%	$405K	$810K	15x	as long as short
Paradex CL-USD-PERP	−0.0004%	8h	93.012	−0.062%	$16K	$367	5x	as long as short
dYdX WTI-USD	0.0000%	1h	93.090	+0.021%	$8K	$3K	5x	as long as short
Bybit CLUSDT	0.0000%	8h	93.092	+0.024%	$26.7M	$79.1M	150x	as long as short
RISEx CL/USDC	0.0000%	1h	93.058	−0.013%	$3.0M	$2.9M	20x	as long as short
Phoenix WTIOIL	0.0000%	1h	93.170	+0.107%	$37K	$40K	20x	as long as short
Bullet WTIOIL-USD	0.0000%	1h	93.064	−0.007%	$18K	$239K	10x	as long as short
gTrade (Gains Network) WTI/USD	L 0.0000% / S +0.0036%	1h	92.620	−0.484%	$5K	—	150x	as long as short
Extended WTI-USD	+0.0024%	1h	93.110	+0.043%	$1.7M	$15.2M	10x	as long as short
StandX CL-USD	+0.0040%	1h	93.180	+0.118%	$738K	$2.8M	40x	as long as short
Vest CL-PERPlong	+0.0046%	1h	93.070	long leg	—	$313K	10x
Polymarket Perps WTIOIL-USD	+0.0050%	1h	93.048	−0.024%	$1.7M	$1.3M	20x	as long as short
SoDEX CL-USD	+0.0050%	1h	93.073	+0.003%	$2.1M	$60K	20x	as long as short
Pacifica CL	+0.0100%	1h	93.029	−0.044%	$347K	$593K	10x	as long as short
KuCoin CLUSDTM	+0.0100%	4h	93.091	+0.023%	$7.0M	$2.4M	50x	as long as short
ApeX Omni CLUSDT	+0.0100%	1h	93.190	+0.129%	$54K	$266K	50x	as long as short
Aevo WTIOIL-PERP	+0.0104%	1h	93.039	−0.033%	$4K	—	10x	as long as short
BloFin CL-USDT	+0.0165%	4h	93.010	−0.064%	$4.1M	$982K	50x	as long as short
Injective WTI/USDC PERP	+0.0220%	1h	102.45	+10.078%	$19K	$11K	30x	as long as short
GMX WTIOIL/USD [ETH-USDC]	L +0.0244% / S −0.0169%	1h	93.065	−0.005%	$78K	—	111x	as long as short