CL

Alert: funding

Alert: spread

Funding you earn now, next payment 12:00 UTC−0.0058%/8h= −6.3% APRnext payment −$0.07 per $10,000 · paid last 24h +0.017%

Price spread now: GMX against Polymarket Perps+0.012%7-day average — · you sell dearer than you buy

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

Long on Polymarket Perps Short on GMX

What this pair did over the last

the charts below follow

Funding, last 4 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 sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$2 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Polymarket Perps WTIOIL-USD	89.954	0.0050	pay 0.0006% / 1h	50m 02s	$1.6M	$1.4M	20x
Short	GMX WTIOIL/USD [ETH-USDC]	89.965	L +0.0158% / S +0.0008%	pay 0.0001% / 1h	50m 02s	$76K	—	111x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GMX 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 GMXbpOrdersPrice spread, now +0.012%Rate

Funding earned: −$12.1
Price spread: +0.012% → 0.000%: $1.22
Slippage, 4 orders: no order book: not counted
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Fee GMX: 6 bp × 2 orders: −$12
Net: −$30.88
Costs to cover: 0.200%
Break-even: never at this rate

Slippage unknown: Polymarket Perps: live order book, 2 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 Polymarket Perps live order book, 2 min ago	1.78 bp	7.7 bp −$8	9.2 bp −$92	12.2 bp −$1,224	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 exchanges

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	−0.0231%	1h	90.168	+0.238%	$386K	$2.0M	25x	as long as short
Aftermath Perps WTIUSD	−0.0142%	1h	89.875	−0.088%	$1K	$26K	5x	as long as short
tradeXYZ xyz:CL	−0.0129%	1h	90.320	+0.407%	$175.8M	$251.8M	20x	as long as short
GRVT CL_USDT_Perp	−0.0108%	4h	89.900	−0.060%	$67K	$645K	25x	as long as short
Bitget CLUSDT	−0.0098%	4h	90.400	+0.496%	$40.9M	$58.2M	100x	as long as short
Ondo Perps WTI-USD.P	−0.0094%	1h	89.980	+0.029%	$3.4M	$6.5M	20x	as long as short
Aster CLUSD1	−0.0074%	4h	90.360	+0.451%	$24.4M	$72.9M	20x	as long as short
Nado WTI-PERP	−0.0066%	1h	90.094	+0.156%	$890K	$707K	10x	as long as short
Extended WTI-USD	−0.0056%	1h	90.350	+0.440%	$1.3M	$14.0M	10x	as long as short
edgeX CLUSDC	−0.0048%	4h	89.892	−0.069%	$500K	$373K	30x	as long as short

Show all 36 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance CLUSDT	−0.0028%	4h	90.330	+0.418%	$246.7M	$1.23B	100x	as long as short
Coinbase International WTIOIL-PERP-INTX	−0.0024%	1h	90.530	+0.640%	$428K	$1.5M	15x	as long as short
QFEX CL-USD	−0.0017%	1h	89.960	+0.007%	$2.2M	$2.9M	10x	as long as short
Gate CL_USDT	−0.0015%	8h	90.370	+0.462%	$23.9M	$54.8M	100x	as long as short
Phoenix WTIOIL	−0.0009%	1h	89.960	+0.007%	$33K	$38K	20x	as long as short
Variational Omni CL	−0.0005%	4h	89.971	+0.019%	$12.6M	$11.3M	—	as long as short
gTrade (Gains Network) WTI/USD	L −0.0001% / S +0.0036%	1h	89.607	−0.386%	$610	—	150x	as long as short
dYdX WTI-USD	0.0000%	1h	90.038	+0.094%	$9K	$4K	5x	as long as short
Bybit CLUSDT	0.0000%	8h	90.349	+0.439%	$28.9M	$112.3M	150x	as long as short
OKX CL-USDT-SWAP	0.0000%	4h	90.430	+0.529%	$40.5M	$139.0M	50x	as long as short
RISEx CL/USDC	0.0000%	1h	90.058	+0.116%	$2.8M	$3.1M	20x	as long as short
Bullet WTIOIL-USD	0.0000%	1h	89.973	+0.021%	$18K	$234K	10x	as long as short
Deribit WTIOIL_USDC-PERPETUAL	0.0000%	1h	90.400	+0.496%	$40K	$642K	15x	as long as short
Paradex CL-USD-PERP	+0.0019%	8h	90.026	+0.080%	$15K	$458	5x	as long as short
Lighter WTI	+0.0032%	1h	90.527	+0.637%	$10.7M	$11.1M	20x	as long as short
Injective WTI/USDC PERP	+0.0033%	1h	90.137	+0.203%	$16K	$5K	30x	as long as short
StandX CL-USD	+0.0040%	1h	90.000	+0.051%	$694K	$2.7M	40x	as long as short
Vest CL-PERP	+0.0046%	1h	89.990	+0.040%	—	$313K	10x	as long as short
Polymarket Perps WTIOIL-USDlong	+0.0050%	1h	89.954	long leg	$1.6M	$1.4M	20x
SoDEX CL-USD	+0.0050%	1h	90.282	+0.365%	$2.0M	$85K	20x	as long as short
Pacifica CL	+0.0100%	1h	90.031	+0.086%	$308K	$744K	10x	as long as short
KuCoin CLUSDTM	+0.0100%	4h	90.583	+0.699%	$6.9M	$3.1M	50x	as long as short
ApeX Omni CLUSDT	+0.0100%	1h	90.010	+0.062%	$52K	$267K	50x	as long as short
Aevo WTIOIL-PERP	+0.0104%	1h	90.066	+0.124%	$4K	—	10x	as long as short
GMX WTIOIL/USD [ETH-USDC]short	L +0.0158% / S +0.0008%	1h	89.965	+0.012%	$76K	—	111x
BloFin CL-USDT	+0.0240%	4h	90.000	+0.051%	$3.9M	$1.0M	50x	as long as short