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

CL

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Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC+0.0131%/8h= +14.3% APRnext payment +$0.16 per $10,000 · paid last 24h +0.081%
Price spread now: GMX against gTrade (Gains Network)+0.472%7-day average · you sell dearer than you buy
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 1 day (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and GMX is 0.472% dearer against gTrade (Gains Network) than usual: you sell high and buy low: +$47 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LonggTrade (Gains Network) WTI/USD92.309L 0.0000% / S +0.0036%pay 0.0000% / 1h41m 28s$5K150x
ShortGMX WTIOIL/USD [ETH-USDC]92.745L +0.0207% / S −0.0131%get 0.0016% / 1h41m 28s$78K111x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

GMX against gTrade (Gains Network). 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
$27.46
Price spread: +0.472% → 0.000%
$47.23
Slippage, 4 orders
no order book: not counted
Fee gTrade (Gains Network): 4 bp × 2 orders
−$8
Fee GMX: 6 bp × 2 orders
−$12
Net
$54.69
Costs to cover
0.200%
Break-even
from the start
Slippage unknown: gTrade (Gains Network): no order-book sample; 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 gTrade (Gains Network) no order-book sample
Sell GMX no order-book sample
gTrade (Gains Network) and 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
Deribit WTIOIL_USDC-PERPETUAL−0.0504%1h92.740+0.467%$198K$366K15xas long as short
Aster CLUSD1−0.0334%4h92.790+0.521%$23.9M$74.8M20xas long as short
GRVT CL_USDT_Perp−0.0310%4h92.743+0.470%$50K$632K25xas long as short
Binance CLUSDT−0.0275%4h92.751+0.478%$244.5M$995.9M100xas long as short
Variational Omni CL−0.0272%4h92.751+0.478%$13.3M$11.2Mas long as short
Gate CL_USDT−0.0163%8h92.710+0.434%$20.9M$52.9M100xas long as short
Ondo Perps WTI-USD.P−0.0070%1h92.760+0.489%$3.5M$5.8M20xas long as short
tradeXYZ xyz:CL−0.0067%1h92.756+0.484%$185.3M$225.1M20xas long as short
Coinbase International WTIOIL-PERP-INTX−0.0048%1h92.030−0.302%$399K$942K15xas long as short
Nado WTI-PERP−0.0040%1h92.807+0.539%$935K$679K10xas long as short
Show all 36 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_WTIOILUSD−0.0038%1h92.774+0.504%$275K$871K25xas long as short
QFEX CL-USD−0.0033%1h92.740+0.467%$2.5M$1.7M10xas long as short
OKX CL-USDT-SWAP−0.0010%4h92.770+0.499%$42.8M$106.4M50xas long as short
dYdX WTI-USD0.0000%1h92.754+0.482%$8K$3K5xas long as short
Extended WTI-USD0.0000%1h92.790+0.521%$2.1M$25.1M10xas long as short
Bybit CLUSDT0.0000%8h92.770+0.499%$26.4M$83.2M150xas long as short
Bitget CLUSDT0.0000%4h92.738+0.465%$42.0M$45.9M100xas long as short
Phoenix WTIOIL0.0000%1h92.790+0.521%$37K$51K20xas long as short
Bullet WTIOIL-USD0.0000%1h92.758+0.486%$18K$239K10xas long as short
gTrade (Gains Network) WTI/USDlongL 0.0000% / S +0.0036%1h92.309long leg$5K150x
Paradex CL-USD-PERP+0.0022%8h92.740+0.467%$16K$3675xas long as short
Lighter WTI+0.0032%1h92.760+0.489%$11.2M$10.1M20xas long as short
RISEx CL/USDC+0.0037%1h92.882+0.621%$3.3M$2.7M20xas long as short
StandX CL-USD+0.0040%1h92.350+0.044%$726K$3.0M40xas long as short
Vest CL-PERP+0.0046%1h92.770+0.499%$310K10xas long as short
Polymarket Perps WTIOIL-USD+0.0050%1h92.767+0.496%$1.6M$1.3M20xas long as short
SoDEX CL-USD+0.0050%1h92.760+0.489%$2.1M$61K20xas long as short
Aftermath Perps WTIUSD+0.0058%1h92.784+0.515%$2K$28K5xas long as short
edgeX CLUSDC+0.0069%4h92.761+0.490%$533K$297K30xas long as short
KuCoin CLUSDTM+0.0072%4h92.815+0.548%$7.2M$2.3M50xas long as short
Pacifica CL+0.0100%1h92.769+0.498%$331K$616K10xas long as short
ApeX Omni CLUSDT+0.0100%1h92.800+0.532%$56K$265K50xas long as short
Aevo WTIOIL-PERP+0.0104%1h92.721+0.446%$4K10xas long as short
GMX WTIOIL/USD [ETH-USDC]shortL +0.0207% / S −0.0131%1h92.745+0.472%$78K111x
Injective WTI/USDC PERP+0.0220%1h101.93+10.426%$19K$11K30xas long as short
BloFin CL-USDT+0.0228%4h92.730+0.456%$4.0M$1.2M50xas long as short