CL

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC+0.0072%/8h= +7.8% APRnext payment +$0.09 per $10,000 · paid last 24h +0.025%

Price spread now: Polymarket Perps against Ondo Perps+0.069%7-day average +0.040% · you sell dearer than you buy

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

Long on Ondo Perps Short on Polymarket Perps

What this pair did over the last

the charts below follow

Funding, last 7 days+0.058%+$6 on $10k

Price spread, last 7 days−0.247%−$25 · spread now +0.069%, 7d avg +0.040%

Together, before fees−0.189%+ Points / potential airdropOndo Perps: Active · farm board−$19 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Polymarket Perps is 0.029% dearer against Ondo Perps than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of +0.040%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Ondo Perps WTI-USD.P	92.870	−0.0022	get 0.0003% / 1h	46m 39s	$3.6M	$5.2M	20x
Short	Polymarket Perps WTIOIL-USD	92.934	0.0050	get 0.0006% / 1h	46m 39s	$1.6M	$1.2M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Polymarket Perps against Ondo Perps. 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 Ondo PerpsbpFee Polymarket PerpsbpOrdersPrice spread, now +0.069%Rate

Funding earned: $15.04
Price spread: +0.069% → +0.040%: $2.85
Slippage, 4 orders: no order book: not counted
Fee Ondo Perps: 2.5 bp × 2 orders: −$5
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Net: $4.89
Costs to cover: 0.130%
Break-even: 4.7 days

Slippage unknown: Ondo Perps: no order-book sample; Polymarket Perps: live order book, 2 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 Ondo Perps no order-book sample	—	—	—	—	—
Sell Polymarket Perps live order book, 2 min ago	314.98 bp	doesn't fit	doesn't fit	doesn't fit	doesn't fit

Ondo Perps: 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	−0.0610%	1h	92.900	+0.032%	$188K	$408K	15x	as long as short
Kraken Futures PF_WTIOILUSD	−0.0313%	1h	92.942	+0.078%	$270K	$931K	25x	as long as short
Aster CLUSD1	−0.0240%	4h	93.040	+0.183%	$24.7M	$61.5M	20x	as long as short
GRVT CL_USDT_Perp	−0.0238%	4h	92.945	+0.080%	$74K	$614K	25x	as long as short
Gate CL_USDT	−0.0180%	8h	92.870	0.000%	$23.3M	$48.9M	100x	as long as short
Binance CLUSDT	−0.0138%	4h	93.010	+0.151%	$246.8M	$930.2M	100x	as long as short
Variational Omni CL	−0.0127%	4h	92.920	+0.053%	$13.5M	$10.7M	—	as long as short
Nado WTI-PERP	−0.0111%	1h	92.971	+0.109%	$951K	$611K	10x	as long as short
Bitget CLUSDT	−0.0090%	4h	93.000	+0.140%	$42.1M	$41.7M	100x	as long as short
Aftermath Perps WTIUSD	−0.0077%	1h	92.984	+0.123%	$1K	$27K	5x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
OKX CL-USDT-SWAP	−0.0059%	4h	93.010	+0.151%	$42.6M	$103.2M	50x	as long as short
tradeXYZ xyz:CL	−0.0049%	1h	93.025	+0.167%	$184.3M	$196.0M	20x	as long as short
edgeX CLUSDC	−0.0046%	4h	92.938	+0.073%	$542K	$343K	30x	as long as short
QFEX CL-USD	−0.0026%	1h	92.910	+0.043%	$2.3M	$2.5M	10x	as long as short
Ondo Perps WTI-USD.Plong	−0.0022%	1h	92.870	long leg	$3.6M	$5.2M	20x
dYdX WTI-USD	0.0000%	1h	92.953	+0.089%	$8K	$3K	5x	as long as short
Bybit CLUSDT	0.0000%	8h	93.030	+0.172%	$27.5M	$80.4M	150x	as long as short
RISEx CL/USDC	0.0000%	1h	93.002	+0.142%	$3.0M	$2.8M	20x	as long as short
Bullet WTIOIL-USD	0.0000%	1h	92.917	+0.051%	$19K	$240K	10x	as long as short
gTrade (Gains Network) WTI/USD	L 0.0000% / S +0.0036%	1h	92.508	−0.390%	$5K	—	150x	as long as short
Paradex CL-USD-PERP	+0.0007%	8h	92.989	+0.128%	$16K	$367	5x	as long as short
Phoenix WTIOIL	+0.0009%	1h	92.960	+0.097%	$37K	$39K	20x	as long as short
Coinbase International WTIOIL-PERP-INTX	+0.0016%	1h	93.160	+0.312%	$404K	$808K	15x	as long as short
Lighter WTI	+0.0024%	1h	92.996	+0.136%	$11.3M	$8.7M	20x	as long as short
Extended WTI-USD	+0.0032%	1h	92.990	+0.129%	$1.7M	$14.8M	10x	as long as short
StandX CL-USD	+0.0040%	1h	92.930	+0.065%	$732K	$2.8M	40x	as long as short
Vest CL-PERP	+0.0046%	1h	92.940	+0.075%	—	$313K	10x	as long as short
Polymarket Perps WTIOIL-USDshort	+0.0050%	1h	92.934	+0.069%	$1.6M	$1.2M	20x
SoDEX CL-USD	+0.0050%	1h	92.930	+0.065%	$2.1M	$62K	20x	as long as short
Pacifica CL	+0.0100%	1h	93.022	+0.164%	$347K	$586K	10x	as long as short
KuCoin CLUSDTM	+0.0100%	4h	92.966	+0.103%	$7.0M	$2.4M	50x	as long as short
ApeX Omni CLUSDT	+0.0100%	1h	93.020	+0.162%	$54K	$266K	50x	as long as short
Aevo WTIOIL-PERP	+0.0104%	1h	92.900	+0.032%	$4K	—	10x	as long as short
GMX WTIOIL/USD [ETH-USDC]	L +0.0166% / S 0.0000%	1h	92.935	+0.070%	$85K	—	111x	as long as short
BloFin CL-USDT	+0.0180%	4h	92.970	+0.108%	$4.0M	$1.0M	50x	as long as short
Injective WTI/USDC PERP	+0.0220%	1h	102.13	+9.975%	$19K	$5K	30x	as long as short