CL

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC−0.0020%/8h= −2.1% APRnext payment −$0.02 per $10,000 · paid last 24h −0.025%

Price spread now: Ondo Perps against Polymarket Perps−0.011%7-day average −0.040% · you buy dearer than you sell

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

Long on Polymarket Perps Short on Ondo 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+0.189%+$19 · spread now −0.011%, 7d avg −0.040%

Together, before fees+0.131%+ Points / potential airdropOndo Perps: Active · farm board+$13 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Ondo Perps is 0.029% dearer against Polymarket Perps than usual: you sell high and buy low (spread −0.011% now, against its 7-day average of −0.040%): +$3 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 5.0 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Polymarket Perps WTIOIL-USD	90.350	0.0050	pay 0.0006% / 1h	2m 04s	$1.6M	$1.2M	20x
Short	Ondo Perps WTI-USD.P	90.340	0.0030	get 0.0004% / 1h	2m 04s	$3.5M	$5.1M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Ondo Perps 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 Ondo PerpsbpOrdersPrice spread, now −0.011%Rate

Funding earned: −$4.12
Price spread: −0.011% → −0.040%: $2.93
Slippage, 4 orders: no order book: not counted
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Fee Ondo Perps: 2.5 bp × 2 orders: −$5
Net: −$14.19
Costs to cover: 0.130%
Break-even: never at this rate

Slippage unknown: Polymarket Perps: live order book, 2 min ago; Ondo Perps: 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	3.42 bp	9.3 bp −$9	13.7 bp −$137	doesn't fit	doesn't fit
Sell Ondo Perps no order-book sample	—	—	—	—	—

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	−0.0414%	1h	90.320	−0.033%	$181K	$415K	15x	as long as short
Kraken Futures PF_WTIOILUSD	−0.0322%	1h	90.361	+0.012%	$265K	$1.0M	25x	as long as short
Aster CLUSD1	−0.0206%	4h	90.290	−0.066%	$24.5M	$60.6M	20x	as long as short
Binance CLUSDT	−0.0124%	4h	90.270	−0.089%	$245.1M	$1.02B	100x	as long as short
Gate CL_USDT	−0.0107%	8h	90.210	−0.155%	$22.9M	$53.1M	100x	as long as short
Bitget CLUSDT	−0.0104%	4h	90.250	−0.111%	$40.6M	$45.4M	100x	as long as short
Variational Omni CL	−0.0102%	4h	90.380	+0.033%	$13.1M	$10.9M	—	as long as short
GRVT CL_USDT_Perp	−0.0092%	4h	90.248	−0.113%	$70K	$616K	25x	as long as short
Nado WTI-PERP	−0.0091%	1h	90.434	+0.093%	$933K	$600K	10x	as long as short
edgeX CLUSDC	−0.0071%	4h	90.283	−0.074%	$527K	$342K	30x	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	−0.0052%	4h	90.270	−0.089%	$41.2M	$109.8M	50x	as long as short
Aftermath Perps WTIUSD	−0.0038%	1h	90.751	+0.444%	$1K	$27K	5x	as long as short
QFEX CL-USD	−0.0026%	1h	90.360	+0.011%	$2.2M	$2.9M	10x	as long as short
tradeXYZ xyz:CL	−0.0024%	1h	90.269	−0.090%	$176.7M	$204.8M	20x	as long as short
gTrade (Gains Network) WTI/USD	L −0.0001% / S +0.0036%	1h	89.925	−0.470%	$1K	—	150x	as long as short
dYdX WTI-USD	0.0000%	1h	90.381	+0.034%	$8K	$3K	5x	as long as short
Bybit CLUSDT	0.0000%	8h	90.270	−0.089%	$25.9M	$89.9M	150x	as long as short
RISEx CL/USDC	0.0000%	1h	90.625	+0.304%	$2.9M	$2.9M	20x	as long as short
Bullet WTIOIL-USD	0.0000%	1h	90.355	+0.006%	$18K	$238K	10x	as long as short
Phoenix WTIOIL	+0.0009%	1h	90.590	+0.266%	$36K	$39K	20x	as long as short
Paradex CL-USD-PERP	+0.0015%	8h	90.362	+0.013%	$15K	$367	5x	as long as short
Coinbase International WTIOIL-PERP-INTX	+0.0016%	1h	90.300	−0.055%	$406K	$1.0M	15x	as long as short
Lighter WTI	+0.0024%	1h	90.322	−0.031%	$11.0M	$9.4M	20x	as long as short
Ondo Perps WTI-USD.Pshort	+0.0030%	1h	90.340	−0.011%	$3.5M	$5.1M	20x
Extended WTI-USD	+0.0032%	1h	90.370	+0.022%	$1.6M	$13.6M	10x	as long as short
StandX CL-USD	+0.0040%	1h	90.550	+0.221%	$704K	$2.8M	40x	as long as short
Vest CL-PERP	+0.0046%	1h	90.390	+0.044%	—	$313K	10x	as long as short
Polymarket Perps WTIOIL-USDlong	+0.0050%	1h	90.350	long leg	$1.6M	$1.2M	20x
SoDEX CL-USD	+0.0050%	1h	90.340	−0.011%	$2.0M	$79K	20x	as long as short
Pacifica CL	+0.0100%	1h	90.387	+0.041%	$335K	$573K	10x	as long as short
KuCoin CLUSDTM	+0.0100%	4h	90.354	+0.004%	$6.9M	$2.8M	50x	as long as short
ApeX Omni CLUSDT	+0.0100%	1h	90.430	+0.089%	$53K	$266K	50x	as long as short
Aevo WTIOIL-PERP	+0.0104%	1h	90.322	−0.031%	$4K	—	10x	as long as short
BloFin CL-USDT	+0.0190%	4h	90.480	+0.144%	$4.1M	$997K	50x	as long as short
Injective WTI/USDC PERP	+0.0220%	1h	102.13	+13.043%	$19K	$5K	30x	as long as short
GMX WTIOIL/USD [ETH-USDC]	L +0.0254% / S −0.0184%	1h	90.315	−0.039%	$84K	—	111x	as long as short