Funding you earn now, next payment 00:00 UTC−0.0005%/8h= −0.5% APRnext payment −$0.01 per $10,000 · paid last 24h +0.005%
Price spread now: Polymarket Perps against Extended−0.075%7-day average +0.003% · you buy dearer than you sell
Net, funding: paid 7d − costs−$18as in the Funding arb table
Net, price: spread back to 7d avg − costs−$30as in the Price arb table
costs, in and out, $10k−$220.221% of the position
Funding, last 7 days+0.038%+$4 on $10k
+Price spread, last 7 days+0.053%+$5 · spread now −0.075%, 7d avg +0.003%
=Together, before fees+0.091%+ Points / potential airdropExtended: Active · farm board+$9 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Polymarket Perps is 0.078% cheaper against Extended than usual: you would sell low and buy high, −$8 on $10k if it goes back to its 7-day average of +0.003%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended WTI-USD | 92.074 | 0.0032 | pay 0.0004% / 1h | 48m 40s | $2.0M | $27.6M | 10x |
| Short | Polymarket Perps WTIOIL-USD | 92.005 | 0.0027 | get 0.0003% / 1h | 48m 40s | $1.6M | $1.4M | 20x |
Extended WTI-USD
Polymarket Perps WTIOIL-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Polymarket Perps 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
- −$1.04
- Price spread: −0.075% → +0.003%
- −$7.83
- Slippage, 4 orders
- −$9.15
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Net
- −$31.02
- Costs to cover
- 0.221%
- Break-even
- never at this rate
Slippage from Extended: live order book, 5 min ago; Polymarket Perps: live order book, 5 min ago.
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, 5 min ago | 0.22 bp | 4.1 bp −$4 | 5.6 bp −$56 | 22.1 bp −$2,209 | doesn't fit |
| Sell Polymarket Perps live order book, 5 min ago | 3.04 bp | 7.0 bp −$7 | 8.4 bp −$84 | 11.6 bp −$1,160 | doesn't fit |
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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_WTIOILUSD | −0.0450% | 1h | 92.021 | −0.057% | $275K | $1.2M | 25x | as long as short |
| Deribit WTIOIL_USDC-PERPETUAL | −0.0293% | 1h | 92.020 | −0.059% | $95K | $189K | 15x | as long as short |
| GRVT CL_USDT_Perp | −0.0282% | 4h | 92.000 | −0.080% | $58K | $702K | 25x | as long as short |
| Aster CLUSD1 | −0.0214% | 4h | 92.020 | −0.059% | $23.9M | $77.6M | 20x | as long as short |
| Nado WTI-PERP | −0.0170% | 1h | 92.085 | +0.012% | $923K | $744K | 10x | as long as short |
| Lighter WTI | −0.0136% | 1h | 92.012 | −0.067% | $11.1M | $10.9M | 20x | as long as short |
| Ondo Perps WTI-USD.P | −0.0135% | 1h | 91.990 | −0.091% | $3.5M | $6.4M | 20x | as long as short |
| Binance CLUSDT | −0.0128% | 4h | 92.010 | −0.070% | $245.2M | $1.10B | 100x | as long as short |
| tradeXYZ xyz:CL | −0.0106% | 1h | 92.025 | −0.053% | $185.6M | $275.7M | 20x | as long as short |
| Paradex CL-USD-PERP | −0.0104% | 8h | 92.002 | −0.078% | $15K | $367 | 5x | as long as short |
Kraken Futures PF_WTIOILUSD
Deribit WTIOIL_USDC-PERPETUAL
GRVT CL_USDT_Perp
Aster CLUSD1
Nado WTI-PERP
Lighter WTI
Ondo Perps WTI-USD.P
Binance CLUSDT
tradeXYZ xyz:CL
Paradex CL-USD-PERPShow all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni CL | −0.0096% | 4h | 91.994 | −0.087% | $13.4M | $13.0M | — | as long as short |
| Bullet WTIOIL-USD | −0.0073% | 1h | 92.008 | −0.072% | $19K | $241K | 10x | as long as short |
| QFEX CL-USD | −0.0054% | 1h | 92.000 | −0.080% | $2.4M | $2.6M | 10x | as long as short |
| Pacifica CL | −0.0020% | 1h | 92.017 | −0.062% | $332K | $576K | 10x | as long as short |
| Gate CL_USDT | −0.0020% | 8h | 91.950 | −0.135% | $21.3M | $57.5M | 100x | as long as short |
| dYdX WTI-USD | 0.0000% | 1h | 92.108 | +0.036% | $8K | $3K | 5x | as long as short |
| Bybit CLUSDT | 0.0000% | 8h | 92.030 | −0.048% | $25.6M | $94.8M | 150x | as long as short |
| OKX CL-USDT-SWAP | 0.0000% | 4h | 92.010 | −0.070% | $43.1M | $113.1M | 50x | as long as short |
| RISEx CL/USDC | 0.0000% | 1h | 92.129 | +0.059% | $3.3M | $2.7M | 20x | as long as short |
| Bitget CLUSDT | 0.0000% | 4h | 92.000 | −0.080% | $41.9M | $51.8M | 100x | as long as short |
| Phoenix WTIOIL | 0.0000% | 1h | 92.080 | +0.007% | $37K | $101K | 20x | as long as short |
| Coinbase International WTIOIL-PERP-INTX | 0.0000% | 1h | 92.030 | −0.048% | $399K | $990K | 15x | as long as short |
| gTrade (Gains Network) WTI/USD | L 0.0000% / S +0.0036% | 1h | 91.600 | −0.515% | $4K | — | 150x | as long as short |
| edgeX CLUSDC | +0.0009% | 4h | 92.033 | −0.044% | $529K | $335K | 30x | as long as short |
| Polymarket Perps WTIOIL-USDshort | +0.0027% | 1h | 92.005 | −0.075% | $1.6M | $1.4M | 20x | |
| Extended WTI-USDlong | +0.0032% | 1h | 92.074 | long leg | $2.0M | $27.6M | 10x | |
| Aftermath Perps WTIUSD | +0.0037% | 1h | 92.027 | −0.051% | $2K | $29K | 5x | as long as short |
| StandX CL-USD | +0.0040% | 1h | 92.000 | −0.080% | $723K | $3.1M | 40x | as long as short |
| Vest CL-PERP | +0.0046% | 1h | 92.080 | +0.007% | — | $308K | 10x | as long as short |
| SoDEX CL-USD | +0.0050% | 1h | 92.015 | −0.064% | $2.0M | $39K | 20x | as long as short |
| KuCoin CLUSDTM | +0.0100% | 4h | 92.000 | −0.080% | $7.3M | $2.1M | 50x | as long as short |
| ApeX Omni CLUSDT | +0.0100% | 1h | 92.050 | −0.026% | $55K | $266K | 50x | as long as short |
| Aevo WTIOIL-PERP | +0.0104% | 1h | 91.981 | −0.101% | $4K | — | 10x | as long as short |
| GMX WTIOIL/USD [ETH-USDC] | L +0.0203% / S −0.0127% | 1h | 91.995 | −0.086% | $76K | — | 111x | as long as short |
| Injective WTI/USDC PERP | +0.0220% | 1h | 101.28 | +9.993% | $19K | $11K | 30x | as long as short |
| BloFin CL-USDT | +0.0240% | 4h | 92.020 | −0.059% | $4.0M | $1.4M | 50x | as long as short |
Variational Omni CL
Bullet WTIOIL-USD
QFEX CL-USD
Pacifica CL
Gate CL_USDT
dYdX WTI-USD
Bybit CLUSDT
OKX CL-USDT-SWAP
RISEx CL/USDC
Bitget CLUSDT
Phoenix WTIOIL
Coinbase International WTIOIL-PERP-INTX
gTrade (Gains Network) WTI/USD
edgeX CLUSDC
Aftermath Perps WTIUSD
StandX CL-USD
Vest CL-PERP
SoDEX CL-USD
KuCoin CLUSDTM
ApeX Omni CLUSDT
Aevo WTIOIL-PERP
GMX WTIOIL/USD [ETH-USDC]
Injective WTI/USDC PERP
BloFin CL-USDT