CL

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC−0.0076%/8h= −8.3% APRnext payment −$0.09 per $10,000 · paid last 24h −0.022%

Price spread now: QFEX against Polymarket Perps−0.022%7-day average +0.006% · you buy dearer than you sell

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

Long on Polymarket Perps Short on QFEX

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)−0.115%−$11 on $10k

Price spread, last 7 days+0.054%+$5 · spread now −0.022%, 7d avg +0.006%

Together, before fees−0.061%−$6 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and QFEX is 0.028% cheaper against Polymarket Perps than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of +0.006%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Polymarket Perps WTIOIL-USD	93.010	0.0050	pay 0.0006% / 1h	46m 27s	$1.6M	$1.2M	20x
Short	QFEX CL-USD	92.990	−0.0026	pay 0.0003% / 1h	46m 27s	$2.3M	$2.5M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

QFEX 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 QFEXbpOrdersPrice spread, now −0.022%Rate

Funding earned: −$15.86
Price spread: −0.022% → +0.006%: −$2.75
Slippage, 4 orders: no order book: not counted
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Fee QFEX: 5 bp × 2 orders: −$10
Net: −$36.61
Costs to cover: 0.180%
Break-even: never at this rate

Slippage unknown: Polymarket Perps: live order book, 2 min ago; QFEX: live order book, 6 min ago. 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	314.98 bp	1380.5 bp −$1,381	doesn't fit	doesn't fit	doesn't fit
Sell QFEX live order book, 6 min ago	2.15 bp	7.2 bp −$7	7.2 bp −$72	8.2 bp −$820	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
Deribit WTIOIL_USDC-PERPETUAL	−0.0610%	1h	92.900	−0.118%	$188K	$408K	15x	as long as short
Kraken Futures PF_WTIOILUSD	−0.0313%	1h	92.942	−0.073%	$270K	$931K	25x	as long as short
Aster CLUSD1	−0.0240%	4h	93.030	+0.022%	$24.7M	$61.5M	20x	as long as short
GRVT CL_USDT_Perp	−0.0238%	4h	92.945	−0.070%	$74K	$614K	25x	as long as short
Binance CLUSDT	−0.0138%	4h	92.990	−0.022%	$246.7M	$929.8M	100x	as long as short
Variational Omni CL	−0.0127%	4h	92.920	−0.097%	$13.5M	$10.7M	—	as long as short
Nado WTI-PERP	−0.0112%	1h	93.058	+0.052%	$952K	$610K	10x	as long as short
Bitget CLUSDT	−0.0088%	4h	92.983	−0.029%	$42.0M	$41.7M	100x	as long as short
Gate CL_USDT	−0.0082%	8h	92.940	−0.075%	$23.4M	$48.9M	100x	as long as short
Aftermath Perps WTIUSD	−0.0077%	1h	92.984	−0.028%	$1K	$27K	5x	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	−0.0058%	4h	92.990	−0.022%	$42.6M	$103.2M	50x	as long as short
tradeXYZ xyz:CL	−0.0048%	1h	93.030	+0.022%	$184.3M	$196.0M	20x	as long as short
edgeX CLUSDC	−0.0046%	4h	92.938	−0.077%	$542K	$343K	30x	as long as short
QFEX CL-USDshort	−0.0026%	1h	92.990	−0.022%	$2.3M	$2.5M	10x
Ondo Perps WTI-USD.P	−0.0010%	1h	92.980	−0.032%	$3.6M	$5.3M	20x	as long as short
dYdX WTI-USD	0.0000%	1h	92.953	−0.061%	$8K	$3K	5x	as long as short
Bybit CLUSDT	0.0000%	8h	93.008	−0.002%	$27.4M	$80.4M	150x	as long as short
RISEx CL/USDC	0.0000%	1h	93.046	+0.039%	$3.0M	$2.8M	20x	as long as short
Bullet WTIOIL-USD	0.0000%	1h	92.917	−0.100%	$19K	$240K	10x	as long as short
gTrade (Gains Network) WTI/USD	L 0.0000% / S +0.0036%	1h	92.569	−0.474%	$5K	—	150x	as long as short
Paradex CL-USD-PERP	+0.0007%	8h	92.989	−0.023%	$16K	$367	5x	as long as short
Phoenix WTIOIL	+0.0009%	1h	92.960	−0.054%	$37K	$39K	20x	as long as short
Coinbase International WTIOIL-PERP-INTX	+0.0016%	1h	93.160	+0.161%	$404K	$808K	15x	as long as short
Lighter WTI	+0.0024%	1h	92.996	−0.015%	$11.3M	$8.7M	20x	as long as short
Extended WTI-USD	+0.0032%	1h	93.050	+0.043%	$1.7M	$14.8M	10x	as long as short
StandX CL-USD	+0.0040%	1h	92.930	−0.086%	$732K	$2.8M	40x	as long as short
Vest CL-PERP	+0.0046%	1h	92.990	−0.022%	—	$313K	10x	as long as short
Polymarket Perps WTIOIL-USDlong	+0.0050%	1h	93.010	long leg	$1.6M	$1.2M	20x
SoDEX CL-USD	+0.0050%	1h	92.930	−0.086%	$2.1M	$62K	20x	as long as short
Pacifica CL	+0.0100%	1h	93.022	+0.013%	$347K	$586K	10x	as long as short
KuCoin CLUSDTM	+0.0100%	4h	93.020	+0.011%	$7.1M	$2.4M	50x	as long as short
ApeX Omni CLUSDT	+0.0100%	1h	93.020	+0.011%	$54K	$266K	50x	as long as short
Aevo WTIOIL-PERP	+0.0104%	1h	92.963	−0.050%	$4K	—	10x	as long as short
GMX WTIOIL/USD [ETH-USDC]	L +0.0166% / S 0.0000%	1h	93.015	+0.005%	$85K	—	111x	as long as short
BloFin CL-USDT	+0.0180%	4h	92.970	−0.043%	$4.0M	$1.0M	50x	as long as short
Injective WTI/USDC PERP	+0.0220%	1h	102.13	+9.810%	$19K	$5K	30x	as long as short