CL

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC+0.0126%/8h= +13.8% APRnext payment +$0.16 per $10,000 · paid last 24h +0.032%

Price spread now: Polymarket Perps against Nado−0.030%7-day average −0.017% · you buy dearer than you sell

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$25as in the Price arb table

costs, in and out, $10k−$240.239% of the position

Long on Nado Short on Polymarket Perps

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.132%+$13 on $10k

Price spread, last 7 days+0.061%+$6 · spread now −0.030%, 7d avg −0.017%

Together, before fees+0.193%+ Points / potential airdropNado: Active · farm board+$19 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.017%, so right now this pair is about funding alone: +$4 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Nado WTI-PERP	92.856	−0.0076	get 0.0009% / 1h	1m 22s	$962K	$669K	10x
Short	Polymarket Perps WTIOIL-USD	92.828	0.0050	get 0.0006% / 1h	1m 22s	$1.6M	$1.3M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Polymarket Perps 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 Polymarket PerpsbpOrdersPrice spread, now −0.030%Rate

Funding earned: $26.42
Price spread: −0.030% → −0.017%: −$1.33
Slippage, 4 orders: −$8.87
Fee Nado: 3.5 bp × 2 orders: −$7
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Net: $1.22
Costs to cover: 0.239%
Break-even: 6.7 days

Slippage from Nado: live order book, 2 min ago; Polymarket Perps: live order book, 2 min ago.

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, 2 min ago	0.05 bp	4.6 bp −$5	10.4 bp −$104	30.7 bp −$3,073	doesn't fit
Sell Polymarket Perps live order book, 2 min ago	2.80 bp	7.2 bp −$7	7.6 bp −$76	10.9 bp −$1,095	doesn't fit

CL on 35 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	−0.0504%	1h	92.790	−0.071%	$198K	$365K	15x	as long as short
Aster CLUSD1	−0.0252%	4h	92.842	−0.015%	$24.0M	$71.1M	20x	as long as short
GRVT CL_USDT_Perp	−0.0220%	4h	92.836	−0.022%	$53K	$623K	25x	as long as short
Variational Omni CL	−0.0219%	4h	92.809	−0.051%	$13.4M	$11.1M	—	as long as short
Binance CLUSDT	−0.0218%	4h	92.816	−0.043%	$244.4M	$963.8M	100x	as long as short
Gate CL_USDT	−0.0098%	8h	92.770	−0.093%	$20.9M	$54.2M	100x	as long as short
edgeX CLUSDC	−0.0090%	4h	92.841	−0.016%	$529K	$303K	30x	as long as short
Nado WTI-PERPlong	−0.0076%	1h	92.856	long leg	$962K	$669K	10x
Coinbase International WTIOIL-PERP-INTX	−0.0048%	1h	92.750	−0.114%	$402K	$946K	15x	as long as short
tradeXYZ xyz:CL	−0.0044%	1h	92.816	−0.043%	$184.5M	$219.3M	20x	as long as short

Show all 35 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Kraken Futures PF_WTIOILUSD	−0.0038%	1h	92.856	0.000%	$273K	$883K	25x	as long as short
QFEX CL-USD	−0.0033%	1h	92.800	−0.061%	$2.5M	$1.7M	10x	as long as short
Ondo Perps WTI-USD.P	−0.0018%	1h	92.740	−0.125%	$3.5M	$5.7M	20x	as long as short
Aftermath Perps WTIUSD	−0.0008%	1h	92.842	−0.015%	$2K	$28K	5x	as long as short
OKX CL-USDT-SWAP	−0.0005%	4h	92.810	−0.050%	$42.8M	$102.6M	50x	as long as short
dYdX WTI-USD	0.0000%	1h	92.829	−0.029%	$8K	$3K	5x	as long as short
Bybit CLUSDT	0.0000%	8h	92.830	−0.028%	$26.8M	$81.5M	150x	as long as short
Bitget CLUSDT	0.0000%	4h	92.811	−0.049%	$41.9M	$43.6M	100x	as long as short
Phoenix WTIOIL	0.0000%	1h	92.860	+0.004%	$37K	$51K	20x	as long as short
Bullet WTIOIL-USD	0.0000%	1h	92.825	−0.033%	$18K	$240K	10x	as long as short
gTrade (Gains Network) WTI/USD	L 0.0000% / S +0.0036%	1h	92.374	−0.519%	$5K	—	150x	as long as short
Lighter WTI	+0.0032%	1h	92.816	−0.043%	$11.2M	$10.5M	20x	as long as short
Extended WTI-USD	+0.0032%	1h	92.850	−0.007%	$2.1M	$23.8M	10x	as long as short
Paradex CL-USD-PERP	+0.0034%	8h	92.792	−0.069%	$16K	$367	5x	as long as short
RISEx CL/USDC	+0.0037%	1h	92.936	+0.086%	$3.3M	$2.7M	20x	as long as short
StandX CL-USD	+0.0040%	1h	92.360	−0.534%	$726K	$2.9M	40x	as long as short
Vest CL-PERP	+0.0046%	1h	92.840	−0.018%	—	$310K	10x	as long as short
Polymarket Perps WTIOIL-USDshort	+0.0050%	1h	92.828	−0.030%	$1.6M	$1.3M	20x
SoDEX CL-USD	+0.0050%	1h	92.823	−0.036%	$2.1M	$61K	20x	as long as short
KuCoin CLUSDTM	+0.0082%	4h	92.842	−0.015%	$7.2M	$2.3M	50x	as long as short
Pacifica CL	+0.0100%	1h	92.813	−0.046%	$331K	$618K	10x	as long as short
ApeX Omni CLUSDT	+0.0100%	1h	92.880	+0.026%	$56K	$266K	50x	as long as short
Aevo WTIOIL-PERP	+0.0104%	1h	92.792	−0.069%	$4K	—	10x	as long as short
GMX WTIOIL/USD [ETH-USDC]	L +0.0207% / S −0.0131%	1h	92.825	−0.034%	$78K	—	111x	as long as short
Injective WTI/USDC PERP	+0.0220%	1h	102.04	+9.886%	$19K	$11K	30x	as long as short