CL

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC+0.0281%/8h= +30.7% APRnext payment +$0.35 per $10,000 · paid last 24h +0.089%

Price spread now: GMX against Nado−0.074%52s7-day average — · you buy dearer than you sell

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

Long on Nado Short on GMX

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—+ Points / potential airdropNado: Active · farm boardneeds both histories

Funding pays, the price is against you. GMX is 0.074% cheaper against Nado than usual: you would sell low and buy high (spread −0.074% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$7 on $10k: about 21 hours of funding at the current rate (+$8 a day). The two prices were read 52 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	Nado WTI-PERP	92.954	−0.0150	get 0.0019% / 1h	8m 31s	$961K	$656K	10x
Short	GMX WTIOIL/USD [ETH-USDC]	92.885	L +0.0207% / S −0.0131%	get 0.0016% / 1h	8m 31s	$78K	—	111x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GMX against Nado. 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 NadobpFee GMXbpOrdersPrice spread, now −0.074%Rate

Funding earned: $58.91
Price spread: −0.074% → 0.000%: −$7.42
Slippage, 4 orders: no order book: not counted
Fee Nado: 3.5 bp × 2 orders: −$7
Fee GMX: 6 bp × 2 orders: −$12
Net: $32.49
Costs to cover: 0.190%
Break-even: 3.1 days

Slippage unknown: Nado: live order book, 55 min ago; 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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Nado live order book, 55 min ago	0.05 bp	4.6 bp −$5	10.4 bp −$104	30.7 bp −$3,073	doesn't fit
Sell GMX no order-book sample	—	—	—	—	—

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	−0.0611%	1h	92.860	−0.101%	$198K	$369K	15x	as long as short
Aster CLUSD1	−0.0263%	4h	92.900	−0.058%	$24.0M	$67.9M	20x	as long as short
GRVT CL_USDT_Perp	−0.0246%	4h	92.895	−0.063%	$53K	$635K	25x	as long as short
Binance CLUSDT	−0.0207%	4h	92.890	−0.069%	$244.6M	$951.4M	100x	as long as short
Variational Omni CL	−0.0197%	4h	92.897	−0.061%	$13.5M	$11.2M	—	as long as short
Ondo Perps WTI-USD.P	−0.0165%	1h	92.890	−0.069%	$3.5M	$5.6M	20x	as long as short
Nado WTI-PERPlong	−0.0150%	1h	92.954	long leg	$961K	$656K	10x
OKX CL-USDT-SWAP	−0.0080%	4h	92.890	−0.069%	$42.8M	$102.0M	50x	as long as short
tradeXYZ xyz:CL	−0.0073%	1h	92.895	−0.063%	$184.4M	$216.6M	20x	as long as short
Extended WTI-USD	−0.0072%	1h	92.940	−0.015%	$2.1M	$22.2M	10x	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	−0.0070%	8h	92.840	−0.123%	$20.9M	$53.1M	100x	as long as short
Aftermath Perps WTIUSD	−0.0066%	1h	92.913	−0.044%	$2K	$27K	5x	as long as short
Coinbase International WTIOIL-PERP-INTX	−0.0040%	1h	92.750	−0.219%	$402K	$944K	15x	as long as short
QFEX CL-USD	−0.0032%	1h	92.880	−0.080%	$2.5M	$1.7M	10x	as long as short
edgeX CLUSDC	−0.0017%	4h	92.917	−0.040%	$529K	$302K	30x	as long as short
Bitget CLUSDT	−0.0014%	4h	92.878	−0.082%	$42.1M	$43.4M	100x	as long as short
Lighter WTI	0.0000%	1h	92.892	−0.067%	$11.2M	$10.5M	20x	as long as short
dYdX WTI-USD	0.0000%	1h	92.937	−0.019%	$8K	$3K	5x	as long as short
Bybit CLUSDT	0.0000%	8h	92.893	−0.066%	$26.5M	$80.8M	150x	as long as short
Phoenix WTIOIL	0.0000%	1h	92.950	−0.004%	$37K	$42K	20x	as long as short
Bullet WTIOIL-USD	0.0000%	1h	92.890	−0.069%	$18K	$242K	10x	as long as short
gTrade (Gains Network) WTI/USD	L 0.0000% / S +0.0036%	1h	92.464	−0.527%	$5K	—	150x	as long as short
KuCoin CLUSDTM	+0.0006%	4h	92.937	−0.018%	$7.3M	$2.4M	50x	as long as short
Paradex CL-USD-PERP	+0.0010%	8h	92.881	−0.078%	$16K	$367	5x	as long as short
StandX CL-USD	+0.0040%	1h	92.930	−0.026%	$733K	$2.9M	40x	as long as short
Vest CL-PERP	+0.0046%	1h	92.920	−0.037%	—	$310K	10x	as long as short
Polymarket Perps WTIOIL-USD	+0.0050%	1h	92.901	−0.057%	$1.6M	$1.2M	20x	as long as short
SoDEX CL-USD	+0.0050%	1h	92.885	−0.074%	$2.1M	$60K	20x	as long as short
RISEx CL/USDC	+0.0066%	1h	92.978	+0.026%	$3.1M	$2.9M	20x	as long as short
Pacifica CL	+0.0100%	1h	92.891	−0.068%	$331K	$619K	10x	as long as short
ApeX Omni CLUSDT	+0.0100%	1h	92.960	+0.006%	$56K	$265K	50x	as long as short
Aevo WTIOIL-PERP	+0.0104%	1h	92.863	−0.097%	$4K	—	10x	as long as short
Kraken Futures PF_WTIOILUSD	+0.0105%	1h	92.916	−0.040%	$273K	$872K	25x	as long as short
BloFin CL-USDT	+0.0164%	4h	92.910	−0.047%	$4.0M	$1.1M	50x	as long as short
GMX WTIOIL/USD [ETH-USDC]short	L +0.0207% / S −0.0131%	1h	92.885	−0.074%	$78K	—	111x
Injective WTI/USDC PERP	+0.0220%	1h	102.10	+9.837%	$19K	$11K	30x	as long as short