Live West Texas Intermediate (WTIOIL) Perp Price
West Texas Intermediate perpetual futures on Solana.
1.56%| Time (UTC) | Open | High | Low | Close |
|---|---|---|---|---|
| 86.69 | 86.70 | 86.58 | 86.63 | |
| 86.68 | 86.72 | 86.59 | 86.65 | |
| 86.54 | 86.63 | 86.54 | 86.55 | |
| 86.62 | 86.66 | 86.55 | 86.58 | |
| 86.54 | 86.61 | 86.46 | 86.55 | |
| 86.53 | 86.60 | 86.52 | 86.56 | |
| 86.41 | 86.48 | 86.36 | 86.44 | |
| 86.31 | 86.42 | 86.31 | 86.36 | |
| 86.34 | 86.58 | 86.34 | 86.58 | |
| 86.17 | 86.18 | 86.00 | 86.00 | |
| 85.35 | 85.41 | 85.22 | 85.39 | |
| 85.73 | 85.79 | 85.69 | 85.69 | |
| 85.56 | 85.71 | 85.45 | 85.71 | |
| 85.37 | 85.63 | 85.06 | 85.54 | |
| 85.03 | 85.46 | 85.03 | 85.36 | |
| 85.27 | 85.52 | 85.19 | 85.52 | |
| 85.51 | 85.93 | 85.51 | 85.93 | |
| 85.05 | 85.19 | 84.87 | 85.04 | |
| 85.28 | 85.28 | 84.81 | 84.93 | |
| 85.22 | 85.30 | 85.17 | 85.28 | |
| 84.96 | 85.04 | 84.90 | 84.96 | |
| 85.16 | 85.17 | 85.10 | 85.12 | |
| 84.96 | 85.02 | 84.81 | 84.82 | |
| 85.70 | 85.83 | 85.58 | 85.63 | |
| 85.27 | 85.32 | 85.11 | 85.14 | |
| 84.26 | 84.64 | 84.17 | 84.53 | |
| 84.56 | 84.66 | 83.62 | 83.74 | |
| 82.51 | 82.60 | 82.40 | 82.46 | |
| 82.37 | 82.58 | 82.21 | 82.32 | |
| 82.49 | 82.75 | 82.38 | 82.42 | |
| 82.09 | 82.23 | 82.04 | 82.17 | |
| 82.12 | 82.20 | 82.05 | 82.09 | |
| 82.01 | 82.08 | 81.06 | 81.06 | |
| 81.20 | 81.35 | 81.20 | 81.21 | |
| 81.05 | 81.18 | 81.01 | 81.05 | |
| 80.64 | 80.66 | 80.39 | 80.46 | |
| 80.26 | 80.33 | 80.20 | 80.31 | |
| 80.83 | 80.94 | 80.64 | 80.93 | |
| 80.28 | 80.38 | 80.21 | 80.30 | |
| 80.02 | 80.26 | 79.67 | 80.26 |
Reconnecting…
Waiting for live order book…
West Texas Intermediate perp price chart
The chart shows the WTIOIL perp price in Solflare Perps over the window you select. A WTIOIL perpetual futures contract tracks the price of West Texas Intermediate rather than representing ownership of it, so the WTIOIL perp price sits close to the West Texas Intermediate spot price but rarely matches it exactly. The gap between the two is the basis, and the funding rate is the mechanism that keeps it narrow. The 24-hour change above the chart is the move in the WTIOIL perp price over the previous day.
West Texas Intermediate market data
- Open interest
- $81.55K
- 24h volume
- $113.66K
- Max leverage
- 20x
Notional value of all open WTIOIL positions
Open interest is the notional value of the WTIOIL perpetual futures positions still open in Solflare Perps. The 24-hour volume is the notional value of WTIOIL traded over the previous day. The two measure different things: open interest describes exposure that is still held, while volume describes how much changed hands. Neither figure shows on its own whether traders are net long or net short. Maximum leverage is the highest multiple Phoenix Trade allows on WTIOIL. It is set per market and Phoenix Trade can change it. Higher leverage increases the risk of liquidation.
WTIOIL funding rate
- 1 hour
- +0.0015%
- 8 hours
- +0.0117%
- 24 hours
- +0.0352%
- APR
- +12.87%
Positive rate. Traders holding long positions pay traders holding short positions.
Settled every hour on Phoenix Trade, not every eight hours.
This is Phoenix Trade's own funding rate for WTIOIL, not a cross exchange average.
As of 13:17 UTC.
The WTIOIL funding rate is a recurring payment between traders holding WTIOIL perpetual futures positions. A positive rate means traders holding long WTIOIL positions pay traders holding short positions, and a negative rate means the payment flows the other way. Funding settles every hour on Phoenix Trade, so the 1-hour figure is the one that is charged. The 8-hour, 24-hour and annualized figures are comparison horizons for that same rate, not separate rates and not price forecasts.
What the WTIOIL funding rate tells you
A positive rate usually means the WTIOIL perp is trading above the West Texas Intermediate spot price and positioning is skewed towards longs. A negative rate usually means the opposite. It describes what traders are doing now, not what the price will do next.
The size matters as much as the sign. A rate near zero costs little to hold in either direction. A persistently high rate makes the paying side expensive to hold over time, and because funding comes out of your collateral, it moves your liquidation price closer even when the market itself has not moved against you.
WTIOIL perpetual contract specification
- No expiry
- Unlike dated futures, a WTIOIL perpetual futures contract does not expire. A WTIOIL position remains open until you close it or the position is liquidated.
- Contract type
- Perpetual futures, no expiry
- Quote currency
- USD
A WTIOIL perpetual futures contract has no expiry date, so a WTIOIL position stays open until you close it or it is liquidated. That is what separates a perpetual contract from a dated futures contract, which settles on a fixed date. The WTIOIL contract is quoted in USD and margined in USDC, and both the collateral and the position stay on Solana. Funding is exchanged every hour. Phoenix Trade on Solana is the venue for every WTIOIL perp order placed through Solflare.
How WTIOIL liquidations use mark price
Phoenix Trade uses the mark price to determine WTIOIL liquidations. The mark price is an average drawn from the wider market rather than the last WTIOIL trade printed on the chart, which is why a WTIOIL liquidation can happen at a price the chart never showed. Each WTIOIL position uses only the collateral you assign to it, so a liquidation on one position does not draw on your other positions or the rest of your wallet.
WTIOIL perps questions
What is the WTIOIL perp price right now?
Other perp markets on Solana
Compare prices and funding rates for every market, or learn more about Solflare Perps before opening a position.
2.12%*Perpetual futures are high-risk, leveraged products. You can lose everything you commit. Not suitable for all users, not available in all regions.
Solflare provides the software interface only: your positions are opened and held on the Phoenix protocol, you transact with the protocol directly and no compensation scheme covers your funds. Review the Material Risk Disclosures of Phoenix to make sure you understand the risks and commit only funds you can afford to lose.
A perp gives you leveraged exposure to the price of an asset (a cryptocurrency, a stock, an ETF or a commodity) without owning it. You never own the underlying asset and you have no rights against the company or issuer it references. The perps feature is not available in the United States or the United Kingdom and is blocked entirely in jurisdictions subject to comprehensive sanctions. Solflare's Terms of Service apply.