CL

Alert: funding

Alert: spread

Funding you earn now, next payment 10:00 UTC−0.0660%/8h= −72.3% APRnext payment −$0.82 per $10,000 · paid last 24h −0.128%

Price spread now: Deribit against GMX−0.016%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on GMX Short on Deribit

What this pair did over the last

the charts below follow

Funding, last 4 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

The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$20 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	GMX WTIOIL/USD [ETH-USDC]	90.925	L +0.0250% / S −0.0172%	pay 0.0031% / 1h	19m 19s	$81K	—	111x
Short	Deribit WTIOIL_USDC-PERPETUAL	90.910	−0.0410	pay 0.0051% / 1h	19m 19s	$182K	$435K	15x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Deribit against GMX. 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

Position, each leg$Hold fordaysFee GMXbpFee DeribitbpOrdersPrice spread, now −0.016%Rate

Funding earned: −$138.58
Price spread: −0.016% → 0.000%: −$1.65
Slippage, 4 orders: no order book: not counted
Fee GMX: 6 bp × 2 orders: −$12
Fee Deribit: 3.5 bp × 2 orders: −$7
Net: −$159.23
Costs to cover: 0.190%
Break-even: never at this rate

Slippage unknown: GMX: no order-book sample; Deribit: live order book, 32 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 GMX no order-book sample	—	—	—	—	—
Sell Deribit live order book, 32 min ago	0.55 bp	4.0 bp −$4	6.5 bp −$65	doesn't fit	doesn't fit

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 exchanges

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-PERPETUALshort	−0.0410%	1h	90.910	−0.016%	$182K	$435K	15x
Kraken Futures PF_WTIOILUSD	−0.0363%	1h	90.938	+0.015%	$305K	$1.3M	25x	as long as short
Aster CLUSD1	−0.0172%	4h	90.980	+0.060%	$24.7M	$65.3M	20x	as long as short
Binance CLUSDT	−0.0114%	4h	90.940	+0.017%	$246.4M	$1.09B	100x	as long as short
Bitget CLUSDT	−0.0108%	4h	90.936	+0.012%	$41.3M	$48.7M	100x	as long as short
Extended WTI-USD	−0.0096%	1h	90.950	+0.027%	$1.4M	$13.9M	10x	as long as short
edgeX CLUSDC	−0.0095%	4h	90.920	−0.005%	$508K	$379K	30x	as long as short
Variational Omni CL	−0.0084%	4h	90.906	−0.020%	$12.9M	$11.1M	—	as long as short
Nado WTI-PERP	−0.0083%	1h	90.987	+0.069%	$914K	$652K	10x	as long as short
Ondo Perps WTI-USD.P	−0.0070%	1h	90.850	−0.082%	$3.4M	$5.7M	20x	as long as short

Show all 36 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Gate CL_USDT	−0.0068%	8h	90.880	−0.049%	$23.1M	$53.5M	100x	as long as short
tradeXYZ xyz:CL	−0.0062%	1h	90.937	+0.013%	$177.0M	$208.9M	20x	as long as short
GRVT CL_USDT_Perp	−0.0042%	4h	91.038	+0.124%	$69K	$626K	25x	as long as short
Aftermath Perps WTIUSD	−0.0032%	1h	91.000	+0.082%	$2K	$27K	5x	as long as short
QFEX CL-USD	−0.0023%	1h	90.930	+0.005%	$2.2M	$3.0M	10x	as long as short
OKX CL-USDT-SWAP	−0.0021%	4h	90.930	+0.005%	$40.5M	$117.5M	50x	as long as short
gTrade (Gains Network) WTI/USD	L −0.0001% / S +0.0036%	1h	90.540	−0.423%	$1K	—	150x	as long as short
dYdX WTI-USD	0.0000%	1h	90.969	+0.048%	$8K	$3K	5x	as long as short
Bybit CLUSDT	0.0000%	8h	90.960	+0.038%	$27.0M	$95.5M	150x	as long as short
RISEx CL/USDC	0.0000%	1h	90.976	+0.056%	$2.9M	$3.0M	20x	as long as short
Bullet WTIOIL-USD	0.0000%	1h	90.939	+0.015%	$17K	$237K	10x	as long as short
Lighter WTI	+0.0008%	1h	90.907	−0.020%	$11.1M	$9.5M	20x	as long as short
Coinbase International WTIOIL-PERP-INTX	+0.0008%	1h	90.910	−0.016%	$409K	$1.1M	15x	as long as short
Paradex CL-USD-PERP	+0.0013%	8h	90.894	−0.034%	$15K	$367	5x	as long as short
Injective WTI/USDC PERP	+0.0033%	1h	100.27	+10.276%	$19K	$5K	30x	as long as short
StandX CL-USD	+0.0040%	1h	90.970	+0.049%	$708K	$2.8M	40x	as long as short
Vest CL-PERP	+0.0046%	1h	90.940	+0.016%	—	$313K	10x	as long as short
Polymarket Perps WTIOIL-USD	+0.0050%	1h	90.928	+0.003%	$1.6M	$1.3M	20x	as long as short
SoDEX CL-USD	+0.0050%	1h	90.930	+0.005%	$2.0M	$81K	20x	as long as short
Phoenix WTIOIL	+0.0053%	1h	90.950	+0.027%	$36K	$37K	20x	as long as short
Pacifica CL	+0.0100%	1h	90.930	+0.005%	$314K	$709K	10x	as long as short
KuCoin CLUSDTM	+0.0100%	4h	90.959	+0.037%	$6.8M	$2.8M	50x	as long as short
ApeX Omni CLUSDT	+0.0100%	1h	90.960	+0.038%	$53K	$266K	50x	as long as short
Aevo WTIOIL-PERP	+0.0104%	1h	90.902	−0.025%	$4K	—	10x	as long as short
BloFin CL-USDT	+0.0216%	4h	90.930	+0.005%	$3.9M	$1.0M	50x	as long as short
GMX WTIOIL/USD [ETH-USDC]long	L +0.0250% / S −0.0172%	1h	90.925	long leg	$81K	—	111x