Funding you earn now, next payment 04:00 UTC−0.0050%/8h= −5.5% APRnext payment −$0.06 per $10,000 · paid last 24h −0.015%
Price spread now: dYdX against Polymarket Perps+0.073%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 5 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
The price spread pays, funding is against you. dYdX is 0.073% dearer against Polymarket Perps than usual: you sell high and buy low (spread +0.073% now, against zero (this spread has no 7-day history yet)): +$7 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 4.9 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Polymarket Perps WTIOIL-USD | 93.045 | 0.0050 | pay 0.0006% / 1h | 21m 30s | $1.7M | $1.3M | 20x |
| Short | dYdX WTI-USD | 93.113 | 0 | get 0.0000% / 1h | 21m 30s | $8K | $3K | 5x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
dYdX against Polymarket Perps. 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
- −$10.5
- Price spread: +0.073% → 0.000%
- $7.34
- Slippage, 4 orders
- no order book: not counted
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Fee dYdX: 5 bp × 2 orders
- −$10
- Net
- −$21.16
- Costs to cover
- 0.180%
- Break-even
- never at this rate
Slippage unknown: Polymarket Perps: live order book, 2 min ago; dYdX: 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 Polymarket Perps live order book, 2 min ago | 1.66 bp | 6.5 bp −$6 | 9.0 bp −$90 | 12.4 bp −$1,235 | doesn't fit |
| Sell dYdX no order-book sample | — | — | — | — | — |
dYdX: 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 | −0.0394% | 1h | 93.050 | +0.005% | $199K | $370K | 15x | as long as short |
| Aster CLUSD1 | −0.0261% | 4h | 93.088 | +0.046% | $24.0M | $66.9M | 20x | as long as short |
| GRVT CL_USDT_Perp | −0.0242% | 4h | 93.067 | +0.024% | $64K | $648K | 25x | as long as short |
| Kraken Futures PF_WTIOILUSD | −0.0196% | 1h | 93.090 | +0.048% | $274K | $872K | 25x | as long as short |
| Binance CLUSDT | −0.0186% | 4h | 93.060 | +0.017% | $244.9M | $947.4M | 100x | as long as short |
| Variational Omni CL | −0.0182% | 4h | 93.038 | −0.008% | $13.5M | $10.9M | — | as long as short |
| Bitget CLUSDT | −0.0112% | 4h | 93.035 | −0.011% | $41.9M | $43.7M | 100x | as long as short |
| tradeXYZ xyz:CL | −0.0108% | 1h | 93.069 | +0.026% | $184.7M | $214.3M | 20x | as long as short |
| Aftermath Perps WTIUSD | −0.0098% | 1h | 93.107 | +0.066% | $2K | $27K | 5x | as long as short |
| Ondo Perps WTI-USD.P | −0.0094% | 1h | 93.010 | −0.038% | $3.5M | $5.4M | 20x | 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 | −0.0060% | 4h | 93.050 | +0.005% | $42.6M | $102.6M | 50x | as long as short |
| Gate CL_USDT | −0.0048% | 8h | 93.020 | −0.027% | $20.8M | $51.9M | 100x | as long as short |
| Coinbase International WTIOIL-PERP-INTX | −0.0048% | 1h | 92.750 | −0.317% | $402K | $944K | 15x | as long as short |
| QFEX CL-USD | −0.0043% | 1h | 93.070 | +0.027% | $2.4M | $1.7M | 10x | as long as short |
| Nado WTI-PERP | −0.0030% | 1h | 93.124 | +0.084% | $963K | $649K | 10x | as long as short |
| edgeX CLUSDC | −0.0026% | 4h | 93.074 | +0.031% | $530K | $300K | 30x | as long as short |
| KuCoin CLUSDTM | −0.0022% | 4h | 93.075 | +0.032% | $7.1M | $2.4M | 50x | as long as short |
| Lighter WTI | 0.0000% | 1h | 93.073 | +0.030% | $11.2M | $10.6M | 20x | as long as short |
| dYdX WTI-USDshort | 0.0000% | 1h | 93.113 | +0.073% | $8K | $3K | 5x | |
| Bybit CLUSDT | 0.0000% | 8h | 93.060 | +0.016% | $26.7M | $80.2M | 150x | as long as short |
| RISEx CL/USDC | 0.0000% | 1h | 93.131 | +0.093% | $3.1M | $2.9M | 20x | as long as short |
| Phoenix WTIOIL | 0.0000% | 1h | 93.090 | +0.048% | $37K | $42K | 20x | as long as short |
| Bullet WTIOIL-USD | 0.0000% | 1h | 93.074 | +0.031% | $19K | $242K | 10x | as long as short |
| gTrade (Gains Network) WTI/USD | L 0.0000% / S +0.0036% | 1h | 92.628 | −0.448% | $5K | — | 150x | as long as short |
| Paradex CL-USD-PERP | +0.0014% | 8h | 93.052 | +0.008% | $16K | $367 | 5x | as long as short |
| Extended WTI-USD | +0.0024% | 1h | 93.090 | +0.048% | $2.0M | $20.6M | 10x | as long as short |
| StandX CL-USD | +0.0040% | 1h | 93.040 | −0.005% | $735K | $2.9M | 40x | as long as short |
| Vest CL-PERP | +0.0046% | 1h | 93.060 | +0.016% | — | $310K | 10x | as long as short |
| Polymarket Perps WTIOIL-USDlong | +0.0050% | 1h | 93.045 | long leg | $1.7M | $1.3M | 20x | |
| SoDEX CL-USD | +0.0050% | 1h | 93.070 | +0.027% | $2.1M | $60K | 20x | as long as short |
| Pacifica CL | +0.0068% | 1h | 93.073 | +0.030% | $330K | $622K | 10x | as long as short |
| ApeX Omni CLUSDT | +0.0100% | 1h | 93.060 | +0.016% | $56K | $266K | 50x | as long as short |
| Aevo WTIOIL-PERP | +0.0104% | 1h | 93.039 | −0.006% | $4K | — | 10x | as long as short |
| BloFin CL-USDT | +0.0177% | 4h | 93.100 | +0.059% | $4.0M | $1.1M | 50x | as long as short |
| GMX WTIOIL/USD [ETH-USDC] | L +0.0215% / S −0.0142% | 1h | 93.075 | +0.032% | $81K | — | 111x | as long as short |
| Injective WTI/USDC PERP | +0.0220% | 1h | 102.19 | +9.824% | $19K | $11K | 30x | as long as short |
Polymarket Perps WTIOIL-USD
Deribit WTIOIL_USDC-PERPETUAL
Aster CLUSD1
GRVT CL_USDT_Perp
Kraken Futures PF_WTIOILUSD
Binance CLUSDT
Variational Omni CL
Bitget CLUSDT
tradeXYZ xyz:CL
Aftermath Perps WTIUSD
OKX CL-USDT-SWAP
Gate CL_USDT
Coinbase International WTIOIL-PERP-INTX
edgeX CLUSDC
KuCoin CLUSDTM
Lighter WTI
Bybit CLUSDT
RISEx CL/USDC
Phoenix WTIOIL
Bullet WTIOIL-USD
gTrade (Gains Network) WTI/USD
Paradex CL-USD-PERP
Extended WTI-USD
StandX CL-USD
SoDEX CL-USD
Pacifica CL
ApeX Omni CLUSDT
BloFin CL-USDT
GMX WTIOIL/USD [ETH-USDC]
Injective WTI/USDC PERP