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
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=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).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended WTI-USD | 91.950 | −0.0016 | get 0.0002% / 1h | 27m 06s | $2.0M | $29.1M | 10x |
| Short | GMX WTIOIL/USD [ETH-USDC] | 91.885 | L +0.0203% / S −0.0127% | get 0.0016% / 1h | 27m 06s | $76K | — | 111x |
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 itlatest
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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Extended live order book, 2 min ago | 0.05 bp | 4.2 bp −$4 | 6.4 bp −$64 | 24.2 bp −$2,420 | doesn'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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter WTI | −0.0320% | 1h | 91.863 | −0.095% | $11.0M | $11.2M | 20x | as long as short |
| Deribit WTIOIL_USDC-PERPETUAL | −0.0294% | 1h | 91.910 | −0.044% | $95K | $260K | 15x | as long as short |
| Aftermath Perps WTIUSD | −0.0204% | 1h | 91.932 | −0.019% | $2K | $30K | 5x | as long as short |
| Nado WTI-PERP | −0.0182% | 1h | 91.962 | +0.013% | $923K | $748K | 10x | as long as short |
| Ondo Perps WTI-USD.P | −0.0182% | 1h | 91.860 | −0.098% | $3.5M | $6.4M | 20x | as long as short |
| tradeXYZ xyz:CL | −0.0157% | 1h | 91.918 | −0.035% | $184.9M | $284.1M | 20x | as long as short |
| Bullet WTIOIL-USD | −0.0143% | 1h | 91.882 | −0.074% | $18K | $240K | 10x | as long as short |
| GRVT CL_USDT_Perp | −0.0114% | 4h | 91.887 | −0.069% | $58K | $726K | 25x | as long as short |
| Paradex CL-USD-PERP | −0.0105% | 8h | 91.877 | −0.079% | $15K | $367 | 5x | as long as short |
| Aster CLUSD1 | −0.0077% | 4h | 91.910 | −0.044% | $23.9M | $78.4M | 20x | as long as short |
Show all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Polymarket Perps WTIOIL-USD | −0.0019% | 1h | 91.889 | −0.066% | $1.6M | $1.4M | 20x | as long as short |
| Extended WTI-USDlong | −0.0016% | 1h | 91.950 | long leg | $2.0M | $29.1M | 10x | |
| StandX CL-USD | −0.0002% | 1h | 91.890 | −0.065% | $722K | $3.1M | 40x | as long as short |
| dYdX WTI-USD | 0.0000% | 1h | 91.939 | −0.012% | $8K | $3K | 5x | as long as short |
| Binance CLUSDT | 0.0000% | 4h | 91.887 | −0.069% | $245.4M | $1.12B | 100x | as long as short |
| Bybit CLUSDT | 0.0000% | 8h | 91.910 | −0.044% | $25.3M | $97.3M | 150x | as long as short |
| OKX CL-USDT-SWAP | 0.0000% | 4h | 91.890 | −0.065% | $43.1M | $113.9M | 50x | as long as short |
| QFEX CL-USD | 0.0000% | 1h | 91.890 | −0.065% | $2.4M | $2.6M | 10x | as long as short |
| Gate CL_USDT | 0.0000% | 8h | 91.830 | −0.131% | $21.2M | $59.1M | 100x | as long as short |
| Bitget CLUSDT | 0.0000% | 4h | 91.889 | −0.066% | $42.0M | $53.9M | 100x | as long as short |
| Variational Omni CL | 0.0000% | 4h | 91.884 | −0.072% | $13.4M | $13.6M | — | as long as short |
| gTrade (Gains Network) WTI/USD | L 0.0000% / S +0.0036% | 1h | 91.475 | −0.517% | $4K | — | 150x | as long as short |
| Phoenix WTIOIL | +0.0009% | 1h | 91.970 | +0.022% | $37K | $99K | 20x | as long as short |
| edgeX CLUSDC | +0.0013% | 4h | 91.933 | −0.018% | $529K | $340K | 30x | as long as short |
| Vest CL-PERP | +0.0046% | 1h | 92.000 | +0.054% | — | $243K | 10x | as long as short |
| SoDEX CL-USD | +0.0050% | 1h | 91.895 | −0.060% | $2.0M | $39K | 20x | as long as short |
| ApeX Omni CLUSDT | +0.0065% | 1h | 91.870 | −0.087% | $55K | $266K | 50x | as long as short |
| Pacifica CL | +0.0100% | 1h | 91.897 | −0.057% | $332K | $579K | 10x | as long as short |
| KuCoin CLUSDTM | +0.0100% | 4h | 91.900 | −0.054% | $7.3M | $2.1M | 50x | as long as short |
| Aevo WTIOIL-PERP | +0.0104% | 1h | 91.873 | −0.084% | $4K | — | 10x | as long as short |
| Coinbase International WTIOIL-PERP-INTX | +0.0112% | 1h | 91.920 | −0.033% | $397K | $1.2M | 15x | as long as short |
| Injective WTI/USDC PERP | +0.0172% | 1h | 100.99 | +9.835% | $19K | $18K | 30x | as long as short |
| GMX WTIOIL/USD [ETH-USDC]short | L +0.0203% / S −0.0127% | 1h | 91.885 | −0.071% | $76K | — | 111x | |
| BloFin CL-USDT | +0.0240% | 4h | 91.910 | −0.044% | $4.0M | $1.5M | 50x | as long as short |
| Kraken Futures PF_WTIOILUSD | +0.0451% | 1h | 91.912 | −0.041% | $260K | $1.2M | 25x | as long as short |
| RISEx CL/USDC | +0.0977% | 1h | 92.012 | +0.067% | $3.2M | $2.8M | 20x | as long as short |
Extended WTI-USD
GMX WTIOIL/USD [ETH-USDC]
Lighter WTI
Deribit WTIOIL_USDC-PERPETUAL
Aftermath Perps WTIUSD
tradeXYZ xyz:CL
Bullet WTIOIL-USD
GRVT CL_USDT_Perp
Paradex CL-USD-PERP
Aster CLUSD1
Polymarket Perps WTIOIL-USD
StandX CL-USD
Binance CLUSDT
Bybit CLUSDT
OKX CL-USDT-SWAP
Gate CL_USDT
Bitget CLUSDT
Variational Omni CL
gTrade (Gains Network) WTI/USD
Phoenix WTIOIL
edgeX CLUSDC
SoDEX CL-USD
ApeX Omni CLUSDT
Pacifica CL
KuCoin CLUSDTM
Coinbase International WTIOIL-PERP-INTX
Injective WTI/USDC PERP
BloFin CL-USDT
Kraken Futures PF_WTIOILUSD
RISEx CL/USDC