CL

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0160%/8h= −17.5% APRnext payment −$0.20 per $10,000 · paid last 24h −0.057%

Price spread now: Polymarket Perps against GMX+0.015%7-day average — · you sell dearer than you buy

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

Long on GMX Short on Polymarket Perps

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 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: −$5 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]	93.195	L +0.0210% / S −0.0134%	pay 0.0026% / 1h	42m 35s	$79K	—	111x
Short	Polymarket Perps WTIOIL-USD	93.209	0.0050	get 0.0006% / 1h	42m 35s	$1.6M	$1.3M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Polymarket Perps 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 Polymarket PerpsbpOrdersPrice spread, now +0.015%Rate

Funding earned: −$33.52
Price spread: +0.015% → 0.000%: $1.5
Slippage, 4 orders: no order book: not counted
Fee GMX: 6 bp × 2 orders: −$12
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Net: −$52.01
Costs to cover: 0.200%
Break-even: never at this rate

Slippage unknown: GMX: no order-book sample; Polymarket Perps: live order book, 1 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 Polymarket Perps live order book, 1 min ago	1.93 bp	6.1 bp −$6	7.8 bp −$78	10.9 bp −$1,091	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 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
Deribit WTIOIL_USDC-PERPETUAL	−0.0608%	1h	93.150	−0.048%	$199K	$370K	15x	as long as short
Aster CLUSD1	−0.0248%	4h	93.222	+0.029%	$24.0M	$67.6M	20x	as long as short
GRVT CL_USDT_Perp	−0.0244%	4h	93.140	−0.059%	$54K	$635K	25x	as long as short
Kraken Futures PF_WTIOILUSD	−0.0195%	1h	93.209	+0.015%	$274K	$872K	25x	as long as short
Binance CLUSDT	−0.0193%	4h	93.190	−0.005%	$245.0M	$950.9M	100x	as long as short
Variational Omni CL	−0.0184%	4h	93.098	−0.104%	$13.5M	$11.0M	—	as long as short
tradeXYZ xyz:CL	−0.0108%	1h	93.202	+0.008%	$185.0M	$216.3M	20x	as long as short
Ondo Perps WTI-USD.P	−0.0101%	1h	93.100	−0.102%	$3.5M	$5.6M	20x	as long as short
Aftermath Perps WTIUSD	−0.0091%	1h	93.164	−0.033%	$2K	$27K	5x	as long as short
edgeX CLUSDC	−0.0080%	4h	93.092	−0.111%	$530K	$302K	30x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bitget CLUSDT	−0.0078%	4h	93.177	−0.019%	$42.0M	$43.8M	100x	as long as short
OKX CL-USDT-SWAP	−0.0068%	4h	93.190	−0.005%	$42.6M	$102.9M	50x	as long as short
Gate CL_USDT	−0.0049%	8h	93.140	−0.059%	$20.9M	$51.4M	100x	as long as short
Coinbase International WTIOIL-PERP-INTX	−0.0048%	1h	92.750	−0.477%	$402K	$944K	15x	as long as short
QFEX CL-USD	−0.0043%	1h	93.170	−0.027%	$2.5M	$1.7M	10x	as long as short
Nado WTI-PERP	−0.0029%	1h	93.243	+0.052%	$964K	$653K	10x	as long as short
Lighter WTI	−0.0008%	1h	93.198	+0.003%	$11.2M	$10.5M	20x	as long as short
Extended WTI-USD	−0.0008%	1h	93.220	+0.027%	$2.1M	$21.3M	10x	as long as short
KuCoin CLUSDTM	−0.0002%	4h	93.202	+0.008%	$7.1M	$2.4M	50x	as long as short
dYdX WTI-USD	0.0000%	1h	93.188	−0.007%	$8K	$3K	5x	as long as short
Bybit CLUSDT	0.0000%	8h	93.207	+0.013%	$26.8M	$80.7M	150x	as long as short
RISEx CL/USDC	0.0000%	1h	93.255	+0.064%	$3.1M	$2.9M	20x	as long as short
Phoenix WTIOIL	0.0000%	1h	93.200	+0.005%	$37K	$42K	20x	as long as short
Bullet WTIOIL-USD	0.0000%	1h	93.196	+0.002%	$18K	$242K	10x	as long as short
gTrade (Gains Network) WTI/USD	L 0.0000% / S +0.0036%	1h	92.757	−0.470%	$5K	—	150x	as long as short
Paradex CL-USD-PERP	+0.0016%	8h	93.159	−0.038%	$16K	$367	5x	as long as short
StandX CL-USD	+0.0040%	1h	93.140	−0.059%	$735K	$2.9M	40x	as long as short
Vest CL-PERP	+0.0046%	1h	93.200	+0.005%	—	$310K	10x	as long as short
Polymarket Perps WTIOIL-USDshort	+0.0050%	1h	93.209	+0.015%	$1.6M	$1.3M	20x
SoDEX CL-USD	+0.0050%	1h	93.192	−0.003%	$2.1M	$60K	20x	as long as short
Pacifica CL	+0.0068%	1h	93.209	+0.015%	$330K	$622K	10x	as long as short
ApeX Omni CLUSDT	+0.0100%	1h	93.210	+0.016%	$56K	$265K	50x	as long as short
Aevo WTIOIL-PERP	+0.0104%	1h	93.161	−0.036%	$4K	—	10x	as long as short
BloFin CL-USDT	+0.0171%	4h	93.200	+0.005%	$4.0M	$1.1M	50x	as long as short
GMX WTIOIL/USD [ETH-USDC]long	L +0.0210% / S −0.0134%	1h	93.195	long leg	$79K	—	111x
Injective WTI/USDC PERP	+0.0220%	1h	102.31	+9.783%	$19K	$11K	30x	as long as short