Settings8H · net · $10k
Funding arb · Price arb /

CL

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Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC+0.0143%/8h= +15.7% APRnext payment +$0.18 per $10,000 · paid last 24h +0.089%
Price spread now: GMX against Extended−0.071%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropExtended: Active · farm boardneeds both histories
Funding pays, the price is against you. GMX is 0.071% cheaper against Extended than usual: you would sell low and buy high (spread −0.071% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$7 on $10k: about 39 hours of funding at the current rate (+$4 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended WTI-USD91.950−0.0016get 0.0002% / 1h27m 06s$2.0M$29.1M10x
ShortGMX WTIOIL/USD [ETH-USDC]91.885L +0.0203% / S −0.0127%get 0.0016% / 1h27m 06s$76K111x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

GMX against Extended. 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

Funding earned
$30.12
Price spread: −0.071% → 0.000%
−$7.07
Slippage, 4 orders
no order book: not counted
Fee Extended: 2.5 bp × 2 orders
−$5
Fee GMX: 6 bp × 2 orders
−$12
Net
$6.05
Costs to cover
0.170%
Break-even
5.6 days
Slippage unknown: Extended: live order book, 2 min ago; GMX: no order-book sample. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Extended live order book, 2 min ago0.05 bp4.2 bp −$46.4 bp −$6424.2 bp −$2,420doesn't fit
Sell GMX no order-book sample
GMX: 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter WTI−0.0320%1h91.863−0.095%$11.0M$11.2M20xas long as short
Deribit WTIOIL_USDC-PERPETUAL−0.0294%1h91.910−0.044%$95K$260K15xas long as short
Aftermath Perps WTIUSD−0.0204%1h91.932−0.019%$2K$30K5xas long as short
Nado WTI-PERP−0.0182%1h91.962+0.013%$923K$748K10xas long as short
Ondo Perps WTI-USD.P−0.0182%1h91.860−0.098%$3.5M$6.4M20xas long as short
tradeXYZ xyz:CL−0.0157%1h91.918−0.035%$184.9M$284.1M20xas long as short
Bullet WTIOIL-USD−0.0143%1h91.882−0.074%$18K$240K10xas long as short
GRVT CL_USDT_Perp−0.0114%4h91.887−0.069%$58K$726K25xas long as short
Paradex CL-USD-PERP−0.0105%8h91.877−0.079%$15K$3675xas long as short
Aster CLUSD1−0.0077%4h91.910−0.044%$23.9M$78.4M20xas long as short
Show all 36 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Polymarket Perps WTIOIL-USD−0.0019%1h91.889−0.066%$1.6M$1.4M20xas long as short
Extended WTI-USDlong−0.0016%1h91.950long leg$2.0M$29.1M10x
StandX CL-USD−0.0002%1h91.890−0.065%$722K$3.1M40xas long as short
dYdX WTI-USD0.0000%1h91.939−0.012%$8K$3K5xas long as short
Binance CLUSDT0.0000%4h91.887−0.069%$245.4M$1.12B100xas long as short
Bybit CLUSDT0.0000%8h91.910−0.044%$25.3M$97.3M150xas long as short
OKX CL-USDT-SWAP0.0000%4h91.890−0.065%$43.1M$113.9M50xas long as short
QFEX CL-USD0.0000%1h91.890−0.065%$2.4M$2.6M10xas long as short
Gate CL_USDT0.0000%8h91.830−0.131%$21.2M$59.1M100xas long as short
Bitget CLUSDT0.0000%4h91.889−0.066%$42.0M$53.9M100xas long as short
Variational Omni CL0.0000%4h91.884−0.072%$13.4M$13.6Mas long as short
gTrade (Gains Network) WTI/USDL 0.0000% / S +0.0036%1h91.475−0.517%$4K150xas long as short
Phoenix WTIOIL+0.0009%1h91.970+0.022%$37K$99K20xas long as short
edgeX CLUSDC+0.0013%4h91.933−0.018%$529K$340K30xas long as short
Vest CL-PERP+0.0046%1h92.000+0.054%$243K10xas long as short
SoDEX CL-USD+0.0050%1h91.895−0.060%$2.0M$39K20xas long as short
ApeX Omni CLUSDT+0.0065%1h91.870−0.087%$55K$266K50xas long as short
Pacifica CL+0.0100%1h91.897−0.057%$332K$579K10xas long as short
KuCoin CLUSDTM+0.0100%4h91.900−0.054%$7.3M$2.1M50xas long as short
Aevo WTIOIL-PERP+0.0104%1h91.873−0.084%$4K10xas long as short
Coinbase International WTIOIL-PERP-INTX+0.0112%1h91.920−0.033%$397K$1.2M15xas long as short
Injective WTI/USDC PERP+0.0172%1h100.99+9.835%$19K$18K30xas long as short
GMX WTIOIL/USD [ETH-USDC]shortL +0.0203% / S −0.0127%1h91.885−0.071%$76K111x
BloFin CL-USDT+0.0240%4h91.910−0.044%$4.0M$1.5M50xas long as short
Kraken Futures PF_WTIOILUSD+0.0451%1h91.912−0.041%$260K$1.2M25xas long as short
RISEx CL/USDC+0.0977%1h92.012+0.067%$3.2M$2.8M20xas long as short