Funding you earn now, next payment 04:00 UTC+0.0050%/8h= +5.5% APRnext payment +$0.06 per $10,000 · paid last 24h +0.015%
Price spread now: Polymarket Perps against dYdX+0.022%47s7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 5 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Polymarket Perps is 0.022% dearer against dYdX than usual: you sell high and buy low: +$2 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 47 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 | dYdX WTI-USD | 93.188 | 0 | get 0.0000% / 1h | 42m 42s | $8K | $3K | 5x |
| Short | Polymarket Perps WTIOIL-USD | 93.209 | 0.0050 | get 0.0006% / 1h | 42m 42s | $1.6M | $1.3M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Polymarket Perps against dYdX. 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
- $10.5
- Price spread: +0.022% → 0.000%
- $2.21
- Slippage, 4 orders
- no order book: not counted
- Fee dYdX: 5 bp × 2 orders
- −$10
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Net
- −$5.29
- Costs to cover
- 0.180%
- Break-even
- 10.5 days
Slippage unknown: dYdX: no order-book sample; Polymarket Perps: live order book, 1 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 dYdX no order-book sample | — | — | — | — | — |
| Sell Polymarket Perps live order book, 1 min ago | 1.93 bp | 6.1 bp −$6 | 7.8 bp −$78 | 10.9 bp −$1,091 | doesn't fit |
dYdX: 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 | −0.0608% | 1h | 93.150 | −0.041% | $199K | $370K | 15x | as long as short |
| Aster CLUSD1 | −0.0248% | 4h | 93.221 | +0.035% | $24.0M | $67.6M | 20x | as long as short |
| GRVT CL_USDT_Perp | −0.0244% | 4h | 93.140 | −0.052% | $54K | $635K | 25x | as long as short |
| Kraken Futures PF_WTIOILUSD | −0.0195% | 1h | 93.209 | +0.022% | $274K | $872K | 25x | as long as short |
| Binance CLUSDT | −0.0193% | 4h | 93.200 | +0.012% | $245.1M | $950.9M | 100x | as long as short |
| Variational Omni CL | −0.0184% | 4h | 93.098 | −0.097% | $13.5M | $11.0M | — | as long as short |
| tradeXYZ xyz:CL | −0.0108% | 1h | 93.202 | +0.015% | $185.0M | $216.3M | 20x | as long as short |
| Ondo Perps WTI-USD.P | −0.0099% | 1h | 93.100 | −0.095% | $3.5M | $5.6M | 20x | as long as short |
| Aftermath Perps WTIUSD | −0.0091% | 1h | 93.164 | −0.026% | $2K | $27K | 5x | as long as short |
| edgeX CLUSDC | −0.0080% | 4h | 93.092 | −0.103% | $530K | $302K | 30x | as long as short |
Show all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget CLUSDT | −0.0076% | 4h | 93.196 | +0.008% | $42.0M | $43.8M | 100x | as long as short |
| OKX CL-USDT-SWAP | −0.0068% | 4h | 93.200 | +0.012% | $42.6M | $102.9M | 50x | as long as short |
| Gate CL_USDT | −0.0049% | 8h | 93.160 | −0.030% | $20.9M | $51.4M | 100x | as long as short |
| Coinbase International WTIOIL-PERP-INTX | −0.0048% | 1h | 92.750 | −0.470% | $402K | $944K | 15x | as long as short |
| QFEX CL-USD | −0.0043% | 1h | 93.170 | −0.020% | $2.5M | $1.7M | 10x | as long as short |
| Nado WTI-PERP | −0.0029% | 1h | 93.243 | +0.059% | $964K | $653K | 10x | as long as short |
| Lighter WTI | −0.0008% | 1h | 93.198 | +0.010% | $11.2M | $10.5M | 20x | as long as short |
| Extended WTI-USD | −0.0008% | 1h | 93.240 | +0.055% | $2.1M | $21.3M | 10x | as long as short |
| KuCoin CLUSDTM | −0.0002% | 4h | 93.206 | +0.019% | $7.1M | $2.4M | 50x | as long as short |
| dYdX WTI-USDlong | 0.0000% | 1h | 93.188 | long leg | $8K | $3K | 5x | |
| Bybit CLUSDT | 0.0000% | 8h | 93.210 | +0.023% | $26.8M | $80.7M | 150x | as long as short |
| RISEx CL/USDC | 0.0000% | 1h | 93.267 | +0.084% | $3.1M | $2.9M | 20x | as long as short |
| Phoenix WTIOIL | 0.0000% | 1h | 93.200 | +0.012% | $37K | $42K | 20x | as long as short |
| Bullet WTIOIL-USD | 0.0000% | 1h | 93.196 | +0.009% | $18K | $242K | 10x | as long as short |
| gTrade (Gains Network) WTI/USD | L 0.0000% / S +0.0036% | 1h | 92.757 | −0.463% | $5K | — | 150x | as long as short |
| Paradex CL-USD-PERP | +0.0015% | 8h | 93.176 | −0.013% | $16K | $367 | 5x | as long as short |
| StandX CL-USD | +0.0040% | 1h | 93.140 | −0.052% | $735K | $2.9M | 40x | as long as short |
| Vest CL-PERP | +0.0046% | 1h | 93.200 | +0.012% | — | $310K | 10x | as long as short |
| Polymarket Perps WTIOIL-USDshort | +0.0050% | 1h | 93.209 | +0.022% | $1.6M | $1.3M | 20x | |
| SoDEX CL-USD | +0.0050% | 1h | 93.192 | +0.004% | $2.1M | $60K | 20x | as long as short |
| Pacifica CL | +0.0068% | 1h | 93.189 | +0.001% | $330K | $622K | 10x | as long as short |
| ApeX Omni CLUSDT | +0.0100% | 1h | 93.210 | +0.023% | $56K | $265K | 50x | as long as short |
| Aevo WTIOIL-PERP | +0.0104% | 1h | 93.161 | −0.029% | $4K | — | 10x | as long as short |
| BloFin CL-USDT | +0.0171% | 4h | 93.200 | +0.012% | $4.0M | $1.1M | 50x | as long as short |
| GMX WTIOIL/USD [ETH-USDC] | L +0.0210% / S −0.0134% | 1h | 93.195 | +0.007% | $79K | — | 111x | as long as short |
| Injective WTI/USDC PERP | +0.0220% | 1h | 102.31 | +9.791% | $19K | $11K | 30x | as long as short |
Polymarket Perps WTIOIL-USD
Deribit WTIOIL_USDC-PERPETUAL
Aster CLUSD1
GRVT CL_USDT_Perp
Kraken Futures PF_WTIOILUSD
Binance CLUSDT
Variational Omni CL
tradeXYZ xyz:CL
Aftermath Perps WTIUSD
edgeX CLUSDC
Bitget CLUSDT
OKX CL-USDT-SWAP
Gate CL_USDT
Coinbase International WTIOIL-PERP-INTX
Lighter WTI
Extended WTI-USD
KuCoin CLUSDTM
Bybit CLUSDT
RISEx CL/USDC
Phoenix WTIOIL
Bullet WTIOIL-USD
gTrade (Gains Network) WTI/USD
Paradex CL-USD-PERP
StandX CL-USD
SoDEX CL-USD
Pacifica CL
ApeX Omni CLUSDT
BloFin CL-USDT
GMX WTIOIL/USD [ETH-USDC]
Injective WTI/USDC PERP