Settings8H · net · $10k
Funding arb · Price arb /

CL

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Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC+0.0170%/8h= +18.6% APRnext payment +$0.21 per $10,000 · paid last 24h +0.027%
Price spread now: Injective against Polymarket Perps+9.927%51s7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
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 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work for this trade now. Funding pays +$5 a day on $10k at the current rate, and Injective is 9.927% dearer against Polymarket Perps than usual: you sell high and buy low: +$993 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 51 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPolymarket Perps WTIOIL-USD92.9110.0050pay 0.0006% / 1h54m 04s$1.6M$1.3M20x
ShortInjective WTI/USDC PERP102.130.0220get 0.0028% / 1h54m 04s$19K$5K30x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Injective 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

Funding earned
$35.7
Price spread: +9.927% → 0.000%
$992.67
Slippage, 4 orders
no order book: not counted
Fee Polymarket Perps: 4 bp × 2 orders
−$8
Fee Injective: 0.01 bp × 2 orders
−$0.02
Net
$1,020.35
Costs to cover
0.080%
Break-even
from the start
Slippage unknown: Polymarket Perps: live order book, 5 min ago; Injective: 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
LegHalf-spread$10k$100k$1M$5M
Buy Polymarket Perps live order book, 5 min ago314.98 bp1380.5 bp −$1,381doesn't fitdoesn't fitdoesn't fit
Sell Injective no order-book sample
Injective: 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Deribit WTIOIL_USDC-PERPETUAL−0.0611%1h92.830−0.087%$187K$406K15xas long as short
Kraken Futures PF_WTIOILUSD−0.0313%1h92.905−0.007%$271K$930K25xas long as short
Aster CLUSD1−0.0244%4h92.905−0.007%$24.7M$61.5M20xas long as short
Gate CL_USDT−0.0211%8h92.800−0.119%$23.3M$48.6M100xas long as short
GRVT CL_USDT_Perp−0.0150%4h93.182+0.292%$75K$614K25xas long as short
Binance CLUSDT−0.0137%4h92.874−0.039%$245.7M$929.0M100xas long as short
Nado WTI-PERP−0.0124%1h92.973+0.067%$952K$612K10xas long as short
Variational Omni CL−0.0122%4h92.970+0.063%$13.5M$10.7Mas long as short
Bitget CLUSDT−0.0096%4h92.861−0.054%$42.0M$41.6M100xas long as short
tradeXYZ xyz:CL−0.0090%1h92.881−0.032%$184.0M$195.5M20xas long as short
Show all 36 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aftermath Perps WTIUSD−0.0083%1h93.039+0.138%$2K$27K5xas long as short
OKX CL-USDT-SWAP−0.0064%4h92.870−0.044%$42.4M$103.0M50xas long as short
Ondo Perps WTI-USD.P−0.0046%1h92.940+0.031%$3.6M$5.3M20xas long as short
QFEX CL-USD−0.0026%1h92.920+0.010%$2.3M$2.5M10xas long as short
edgeX CLUSDC−0.0020%4h93.079+0.180%$534K$332K30xas long as short
dYdX WTI-USD0.0000%1h92.953+0.045%$8K$3K5xas long as short
Bybit CLUSDT0.0000%8h92.890−0.023%$27.0M$80.4M150xas long as short
RISEx CL/USDC0.0000%1h92.984+0.079%$3.0M$2.8M20xas long as short
Phoenix WTIOIL0.0000%1h93.120+0.225%$37K$39K20xas long as short
Bullet WTIOIL-USD0.0000%1h92.890−0.023%$18K$239K10xas long as short
gTrade (Gains Network) WTI/USDL 0.0000% / S +0.0036%1h92.457−0.489%$5K150xas long as short
Lighter WTI+0.0008%1h92.865−0.050%$11.2M$8.6M20xas long as short
Paradex CL-USD-PERP+0.0008%8h92.9110.000%$16K$3675xas long as short
Coinbase International WTIOIL-PERP-INTX+0.0016%1h93.160+0.268%$404K$808K15xas long as short
Extended WTI-USD+0.0032%1h92.920+0.010%$1.7M$14.9M10xas long as short
StandX CL-USD+0.0040%1h93.070+0.171%$734K$2.8M40xas long as short
Vest CL-PERP+0.0046%1h92.920+0.010%$313K10xas long as short
Polymarket Perps WTIOIL-USDlong+0.0050%1h92.911long leg$1.6M$1.3M20x
SoDEX CL-USD+0.0050%1h92.875−0.039%$2.1M$62K20xas long as short
Pacifica CL+0.0100%1h92.950+0.042%$346K$587K10xas long as short
KuCoin CLUSDTM+0.0100%4h92.886−0.027%$7.0M$2.4M50xas long as short
ApeX Omni CLUSDT+0.0100%1h93.260+0.376%$54K$266K50xas long as short
Aevo WTIOIL-PERP+0.0104%1h92.851−0.065%$4K10xas long as short
GMX WTIOIL/USD [ETH-USDC]L +0.0166% / S 0.0000%1h92.865−0.050%$85K111xas long as short
BloFin CL-USDT+0.0175%4h92.930+0.020%$4.1M$1.0M50xas long as short
Injective WTI/USDC PERPshort+0.0220%1h102.13+9.927%$19K$5K30x