Funding you earn now, next payment 05:00 UTC−0.0222%/8h= −24.3% APRnext payment −$0.28 per $10,000 · paid last 24h −0.081%
Price spread now: tradeXYZ 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
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$7 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] | 93.185 | L +0.0220% / S −0.0147% | pay 0.0027% / 1h | 43m 28s | $81K | — | 111x |
| Short | tradeXYZ xyz:CL | 93.199 | −0.0003 | pay 0.0000% / 1h | 43m 28s | $184.6M | $219.0M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
tradeXYZ against GMX. 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
- −$46.68
- Price spread: +0.015% → 0.000%
- $1.5
- Slippage, 4 orders
- no order book: not counted
- Fee GMX: 6 bp × 2 orders
- −$12
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Net
- −$75.18
- Costs to cover
- 0.300%
- Break-even
- never at this rate
Slippage unknown: GMX: no order-book sample; tradeXYZ: live order book, 7 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 tradeXYZ live order book, 7 min ago | 0.11 bp | 9.2 bp −$9 | 9.8 bp −$98 | 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 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 | 93.160 | −0.027% | $199K | $370K | 15x | as long as short |
| Aster CLUSD1 | −0.0262% | 4h | 93.261 | +0.082% | $24.1M | $67.0M | 20x | as long as short |
| GRVT CL_USDT_Perp | −0.0226% | 4h | 93.196 | +0.011% | $54K | $645K | 25x | as long as short |
| Binance CLUSDT | −0.0173% | 4h | 93.191 | +0.006% | $245.3M | $942.1M | 100x | as long as short |
| Variational Omni CL | −0.0160% | 4h | 93.169 | −0.017% | $13.4M | $10.8M | — | as long as short |
| Nado WTI-PERP | −0.0130% | 1h | 93.283 | +0.105% | $965K | $640K | 10x | as long as short |
| Bitget CLUSDT | −0.0122% | 4h | 93.191 | +0.006% | $42.0M | $43.3M | 100x | as long as short |
| Ondo Perps WTI-USD.P | −0.0119% | 1h | 93.170 | −0.016% | $3.5M | $5.3M | 20x | as long as short |
| Aftermath Perps WTIUSD | −0.0111% | 1h | 93.199 | +0.015% | $2K | $27K | 5x | as long as short |
| Kraken Futures PF_WTIOILUSD | −0.0061% | 1h | 93.192 | +0.008% | $270K | $951K | 25x | as long as short |
Show all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate CL_USDT | −0.0050% | 8h | 93.150 | −0.038% | $21.0M | $50.9M | 100x | as long as short |
| Coinbase International WTIOIL-PERP-INTX | −0.0040% | 1h | 93.190 | +0.005% | $401K | $928K | 15x | as long as short |
| OKX CL-USDT-SWAP | −0.0033% | 4h | 93.210 | +0.027% | $42.7M | $102.8M | 50x | as long as short |
| QFEX CL-USD | −0.0033% | 1h | 93.220 | +0.038% | $2.3M | $1.8M | 10x | as long as short |
| KuCoin CLUSDTM | −0.0010% | 4h | 93.263 | +0.084% | $7.1M | $2.4M | 50x | as long as short |
| Phoenix WTIOIL | −0.0009% | 1h | 93.230 | +0.048% | $37K | $41K | 20x | as long as short |
| edgeX CLUSDC | −0.0005% | 4h | 93.232 | +0.051% | $524K | $308K | 30x | as long as short |
| tradeXYZ xyz:CLshort | −0.0003% | 1h | 93.199 | +0.015% | $184.6M | $219.0M | 20x | |
| dYdX WTI-USD | 0.0000% | 1h | 93.272 | +0.094% | $8K | $3K | 5x | as long as short |
| Bybit CLUSDT | 0.0000% | 8h | 93.220 | +0.038% | $26.9M | $80.7M | 150x | as long as short |
| RISEx CL/USDC | 0.0000% | 1h | 93.315 | +0.140% | $3.1M | $2.9M | 20x | as long as short |
| Bullet WTIOIL-USD | 0.0000% | 1h | 93.195 | +0.011% | $19K | $242K | 10x | as long as short |
| gTrade (Gains Network) WTI/USD | L 0.0000% / S +0.0036% | 1h | 92.754 | −0.463% | $5K | — | 150x | as long as short |
| Paradex CL-USD-PERP | +0.0016% | 8h | 93.218 | +0.036% | $16K | $367 | 5x | as long as short |
| Lighter WTI | +0.0032% | 1h | 93.224 | +0.042% | $11.2M | $10.3M | 20x | as long as short |
| Extended WTI-USD | +0.0032% | 1h | 93.230 | +0.048% | $2.0M | $19.4M | 10x | as long as short |
| StandX CL-USD | +0.0040% | 1h | 93.150 | −0.038% | $736K | $2.9M | 40x | as long as short |
| Vest CL-PERP | +0.0046% | 1h | 93.220 | +0.038% | — | $313K | 10x | as long as short |
| Polymarket Perps WTIOIL-USD | +0.0050% | 1h | 93.230 | +0.048% | $1.7M | $1.3M | 20x | as long as short |
| SoDEX CL-USD | +0.0050% | 1h | 93.200 | +0.016% | $2.1M | $60K | 20x | as long as short |
| Pacifica CL | +0.0100% | 1h | 93.235 | +0.053% | $331K | $597K | 10x | as long as short |
| ApeX Omni CLUSDT | +0.0100% | 1h | 93.240 | +0.059% | $56K | $266K | 50x | as long as short |
| Aevo WTIOIL-PERP | +0.0104% | 1h | 93.167 | −0.020% | $4K | — | 10x | as long as short |
| BloFin CL-USDT | +0.0205% | 4h | 93.200 | +0.016% | $4.0M | $1.0M | 50x | as long as short |
| GMX WTIOIL/USD [ETH-USDC]long | L +0.0220% / S −0.0147% | 1h | 93.185 | long leg | $81K | — | 111x | |
| Injective WTI/USDC PERP | +0.0220% | 1h | 102.17 | +9.638% | $19K | $11K | 30x | as long as short |
GMX WTIOIL/USD [ETH-USDC]
tradeXYZ xyz:CL
Deribit WTIOIL_USDC-PERPETUAL
Aster CLUSD1
GRVT CL_USDT_Perp
Binance CLUSDT
Variational Omni CL
Bitget CLUSDT
Aftermath Perps WTIUSD
Kraken Futures PF_WTIOILUSD
Gate CL_USDT
Coinbase International WTIOIL-PERP-INTX
OKX CL-USDT-SWAP
KuCoin CLUSDTM
Phoenix WTIOIL
edgeX CLUSDC
Bybit CLUSDT
RISEx CL/USDC
Bullet WTIOIL-USD
gTrade (Gains Network) WTI/USD
Paradex CL-USD-PERP
Lighter WTI
Extended WTI-USD
StandX CL-USD
Polymarket Perps WTIOIL-USD
SoDEX CL-USD
Pacifica CL
ApeX Omni CLUSDT
BloFin CL-USDT
Injective WTI/USDC PERP