CL

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0005%/8h= +0.5% APRnext payment +$0.01 per $10,000 · paid last 24h −0.005%

Price spread now: Extended against Polymarket Perps+0.076%7-day average −0.003% · you sell dearer than you buy

Net, funding: paid 7d − costs−$26as in the Funding arb table

Net, price: spread back to 7d avg − costs−$14as in the Price arb table

costs, in and out, $10k−$220.221% of the position

Long on Polymarket Perps Short on Extended

What this pair did over the last

the charts below follow

Funding, last 7 days−0.038%−$4 on $10k

Price spread, last 7 days−0.054%−$5 · spread now +0.076%, 7d avg −0.003%

Together, before fees−0.092%+ Points / potential airdropExtended: Active · farm board−$9 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Extended is 0.079% dearer against Polymarket Perps than usual: you sell high and buy low, +$8 on $10k if it goes back to its 7-day average of −0.003%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Polymarket Perps WTIOIL-USD	92.005	0.0027	pay 0.0003% / 1h	49m 05s	$1.6M	$1.4M	20x
Short	Extended WTI-USD	92.075	0.0032	get 0.0004% / 1h	49m 05s	$2.0M	$27.6M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Extended 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 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 Polymarket PerpsbpFee ExtendedbpOrdersPrice spread, now +0.076%Rate

Funding earned: $1.04
Price spread: +0.076% → −0.003%: $7.94
Slippage, 4 orders: −$9.15
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Fee Extended: 2.5 bp × 2 orders: −$5
Net: −$13.16
Costs to cover: 0.221%
Break-even: 95.5 days

Slippage from Polymarket Perps: live order book, 4 min ago; Extended: live order book, 5 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 Polymarket Perps live order book, 4 min ago	3.04 bp	7.6 bp −$8	7.8 bp −$78	10.6 bp −$1,063	doesn't fit
Sell Extended live order book, 5 min ago	0.22 bp	3.4 bp −$3	6.3 bp −$63	22.9 bp −$2,293	doesn't fit

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
Kraken Futures PF_WTIOILUSD	−0.0450%	1h	92.021	+0.018%	$275K	$1.2M	25x	as long as short
Deribit WTIOIL_USDC-PERPETUAL	−0.0293%	1h	92.020	+0.016%	$95K	$189K	15x	as long as short
GRVT CL_USDT_Perp	−0.0282%	4h	92.000	−0.005%	$58K	$702K	25x	as long as short
Aster CLUSD1	−0.0209%	4h	92.020	+0.016%	$23.9M	$77.6M	20x	as long as short
Nado WTI-PERP	−0.0170%	1h	92.085	+0.087%	$923K	$744K	10x	as long as short
Lighter WTI	−0.0136%	1h	92.005	0.000%	$11.1M	$10.9M	20x	as long as short
Ondo Perps WTI-USD.P	−0.0133%	1h	91.980	−0.027%	$3.5M	$6.4M	20x	as long as short
Binance CLUSDT	−0.0123%	4h	92.000	−0.005%	$245.2M	$1.10B	100x	as long as short
tradeXYZ xyz:CL	−0.0105%	1h	92.025	+0.022%	$185.6M	$275.7M	20x	as long as short
Paradex CL-USD-PERP	−0.0103%	8h	91.997	−0.008%	$15K	$367	5x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Variational Omni CL	−0.0096%	4h	91.994	−0.012%	$13.4M	$13.0M	—	as long as short
Bullet WTIOIL-USD	−0.0073%	1h	92.008	+0.003%	$19K	$241K	10x	as long as short
QFEX CL-USD	−0.0054%	1h	92.000	−0.005%	$2.4M	$2.6M	10x	as long as short
Pacifica CL	−0.0020%	1h	92.016	+0.012%	$332K	$576K	10x	as long as short
Gate CL_USDT	−0.0020%	8h	91.950	−0.060%	$21.3M	$57.5M	100x	as long as short
dYdX WTI-USD	0.0000%	1h	92.108	+0.112%	$8K	$3K	5x	as long as short
Bybit CLUSDT	0.0000%	8h	92.022	+0.018%	$25.6M	$94.8M	150x	as long as short
OKX CL-USDT-SWAP	0.0000%	4h	92.010	+0.005%	$43.1M	$113.1M	50x	as long as short
RISEx CL/USDC	0.0000%	1h	92.129	+0.134%	$3.3M	$2.7M	20x	as long as short
Bitget CLUSDT	0.0000%	4h	91.998	−0.008%	$41.9M	$51.9M	100x	as long as short
Phoenix WTIOIL	0.0000%	1h	92.080	+0.082%	$37K	$101K	20x	as long as short
Coinbase International WTIOIL-PERP-INTX	0.0000%	1h	92.030	+0.027%	$399K	$990K	15x	as long as short
gTrade (Gains Network) WTI/USD	L 0.0000% / S +0.0036%	1h	91.600	−0.440%	$4K	—	150x	as long as short
edgeX CLUSDC	+0.0009%	4h	92.033	+0.031%	$529K	$335K	30x	as long as short
Polymarket Perps WTIOIL-USDlong	+0.0027%	1h	92.005	long leg	$1.6M	$1.4M	20x
Extended WTI-USDshort	+0.0032%	1h	92.075	+0.076%	$2.0M	$27.6M	10x
Aftermath Perps WTIUSD	+0.0037%	1h	92.027	+0.024%	$2K	$29K	5x	as long as short
StandX CL-USD	+0.0040%	1h	92.000	−0.005%	$723K	$3.1M	40x	as long as short
Vest CL-PERP	+0.0046%	1h	92.080	+0.082%	—	$308K	10x	as long as short
SoDEX CL-USD	+0.0050%	1h	92.015	+0.011%	$2.0M	$39K	20x	as long as short
KuCoin CLUSDTM	+0.0100%	4h	92.007	+0.002%	$7.3M	$2.1M	50x	as long as short
ApeX Omni CLUSDT	+0.0100%	1h	92.050	+0.049%	$55K	$266K	50x	as long as short
Aevo WTIOIL-PERP	+0.0104%	1h	91.981	−0.026%	$4K	—	10x	as long as short
GMX WTIOIL/USD [ETH-USDC]	L +0.0203% / S −0.0127%	1h	91.995	−0.011%	$76K	—	111x	as long as short
Injective WTI/USDC PERP	+0.0220%	1h	101.28	+10.076%	$19K	$11K	30x	as long as short
BloFin CL-USDT	+0.0240%	4h	92.020	+0.016%	$4.0M	$1.4M	50x	as long as short