Funding you earn now, next payment 09:00 UTC−0.0170%/8h= −18.6% APRnext payment −$0.21 per $10,000 · paid last 24h −0.027%
Price spread now: Polymarket Perps against Injective−8.930%51s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
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
Both sides work against this trade now: funding costs −$5 a day on $10k at the current rate, and Polymarket Perps is 8.930% cheaper against Injective than usual: you would sell low and buy high (−$893 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 51 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Injective WTI/USDC PERP | 102.13 | 0.0220 | pay 0.0028% / 1h | 55m 50s | $19K | $5K | 30x |
| Short | Polymarket Perps WTIOIL-USD | 93.013 | 0.0050 | get 0.0006% / 1h | 55m 50s | $1.6M | $1.3M | 20x |
Injective WTI/USDC PERP
Polymarket Perps WTIOIL-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Polymarket Perps against Injective. 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
- −$35.7
- Price spread: −8.930% → 0.000%
- −$893.04
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Net
- −$936.76
- Costs to cover
- 0.080%
- Break-even
- never at this rate
Slippage unknown: Injective: no order-book sample; Polymarket Perps: live order book, 3 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 Injective no order-book sample | — | — | — | — | — |
| Sell Polymarket Perps live order book, 3 min ago | 314.98 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
Injective: 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 | −0.0717% | 1h | 92.950 | −8.992% | $188K | $406K | 15x | as long as short |
| Kraken Futures PF_WTIOILUSD | −0.0313% | 1h | 92.997 | −8.946% | $271K | $931K | 25x | as long as short |
| Aster CLUSD1 | −0.0244% | 4h | 93.012 | −8.932% | $24.7M | $61.6M | 20x | as long as short |
| Gate CL_USDT | −0.0189% | 8h | 92.890 | −9.051% | $23.3M | $48.5M | 100x | as long as short |
| GRVT CL_USDT_Perp | −0.0150% | 4h | 93.182 | −8.765% | $75K | $614K | 25x | as long as short |
| Binance CLUSDT | −0.0136% | 4h | 92.971 | −8.971% | $246.0M | $928.9M | 100x | as long as short |
| Variational Omni CL | −0.0122% | 4h | 92.970 | −8.973% | $13.5M | $10.7M | — | as long as short |
| Nado WTI-PERP | −0.0122% | 1h | 93.067 | −8.878% | $953K | $613K | 10x | as long as short |
| Bitget CLUSDT | −0.0094% | 4h | 92.960 | −8.982% | $42.1M | $41.6M | 100x | as long as short |
| tradeXYZ xyz:CL | −0.0092% | 1h | 92.982 | −8.961% | $184.1M | $197.1M | 20x | as long as short |
Deribit WTIOIL_USDC-PERPETUAL
Kraken Futures PF_WTIOILUSD
Aster CLUSD1
Gate CL_USDT
GRVT CL_USDT_Perp
Binance CLUSDT
Variational Omni CL
Nado WTI-PERP
Bitget CLUSDT
tradeXYZ xyz:CLShow all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aftermath Perps WTIUSD | −0.0081% | 1h | 93.098 | −8.847% | $2K | $26K | 5x | as long as short |
| OKX CL-USDT-SWAP | −0.0065% | 4h | 92.950 | −8.992% | $42.5M | $103.1M | 50x | as long as short |
| Ondo Perps WTI-USD.P | −0.0059% | 1h | 92.960 | −8.982% | $3.6M | $5.3M | 20x | as long as short |
| QFEX CL-USD | −0.0026% | 1h | 92.990 | −8.953% | $2.3M | $2.4M | 10x | as long as short |
| edgeX CLUSDC | −0.0002% | 4h | 93.197 | −8.751% | $534K | $332K | 30x | as long as short |
| dYdX WTI-USD | 0.0000% | 1h | 93.039 | −8.905% | $8K | $3K | 5x | as long as short |
| Bybit CLUSDT | 0.0000% | 8h | 92.971 | −8.972% | $27.1M | $80.4M | 150x | as long as short |
| RISEx CL/USDC | 0.0000% | 1h | 93.039 | −8.905% | $3.0M | $2.8M | 20x | as long as short |
| Phoenix WTIOIL | 0.0000% | 1h | 93.120 | −8.826% | $37K | $39K | 20x | as long as short |
| Bullet WTIOIL-USD | 0.0000% | 1h | 92.994 | −8.949% | $18K | $239K | 10x | as long as short |
| gTrade (Gains Network) WTI/USD | L 0.0000% / S +0.0036% | 1h | 92.573 | −9.361% | $5K | — | 150x | as long as short |
| Lighter WTI | +0.0008% | 1h | 92.970 | −8.973% | $11.3M | $8.6M | 20x | as long as short |
| Paradex CL-USD-PERP | +0.0010% | 8h | 92.981 | −8.962% | $16K | $367 | 5x | as long as short |
| Coinbase International WTIOIL-PERP-INTX | +0.0016% | 1h | 93.160 | −8.786% | $404K | $808K | 15x | as long as short |
| Extended WTI-USD | +0.0032% | 1h | 93.000 | −8.943% | $1.7M | $14.8M | 10x | as long as short |
| StandX CL-USD | +0.0040% | 1h | 93.150 | −8.796% | $735K | $2.8M | 40x | as long as short |
| Vest CL-PERP | +0.0046% | 1h | 93.020 | −8.924% | — | $313K | 10x | as long as short |
| Polymarket Perps WTIOIL-USDshort | +0.0050% | 1h | 93.013 | −8.930% | $1.6M | $1.3M | 20x | |
| SoDEX CL-USD | +0.0050% | 1h | 92.975 | −8.968% | $2.1M | $62K | 20x | as long as short |
| Pacifica CL | +0.0100% | 1h | 93.012 | −8.931% | $347K | $587K | 10x | as long as short |
| KuCoin CLUSDTM | +0.0100% | 4h | 92.993 | −8.950% | $7.0M | $2.4M | 50x | as long as short |
| ApeX Omni CLUSDT | +0.0100% | 1h | 93.260 | −8.689% | $54K | $266K | 50x | as long as short |
| Aevo WTIOIL-PERP | +0.0104% | 1h | 92.958 | −8.984% | $4K | — | 10x | as long as short |
| GMX WTIOIL/USD [ETH-USDC] | L +0.0166% / S 0.0000% | 1h | 92.985 | −8.958% | $85K | — | 111x | as long as short |
| BloFin CL-USDT | +0.0177% | 4h | 93.070 | −8.875% | $4.1M | $1.0M | 50x | as long as short |
| Injective WTI/USDC PERPlong | +0.0220% | 1h | 102.13 | long leg | $19K | $5K | 30x |
Aftermath Perps WTIUSD
OKX CL-USDT-SWAP
Ondo Perps WTI-USD.P
QFEX CL-USD
edgeX CLUSDC
dYdX WTI-USD
Bybit CLUSDT
RISEx CL/USDC
Phoenix WTIOIL
Bullet WTIOIL-USD
gTrade (Gains Network) WTI/USD
Lighter WTI
Paradex CL-USD-PERP
Coinbase International WTIOIL-PERP-INTX
Extended WTI-USD
StandX CL-USD
Vest CL-PERP
SoDEX CL-USD
Pacifica CL
KuCoin CLUSDTM
ApeX Omni CLUSDT
Aevo WTIOIL-PERP
GMX WTIOIL/USD [ETH-USDC]
BloFin CL-USDT