CL

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0010%/8h= −1.1% APRnext payment −$0.01 per $10,000 · paid last 24h −0.006%

Price spread now: StandX against Polymarket Perps+0.005%7-day average +0.002% · you sell dearer than you buy

Net, funding: paid 7d − costs−$45as in the Funding arb table

Net, price: spread back to 7d avg − costs−$37as in the Price arb table

costs, in and out, $10k−$370.370% of the position

Long on Polymarket Perps Short on StandX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.082%−$8 on $10k

Price spread, last 7 days+0.006%+$1 · spread now +0.005%, 7d avg +0.002%

Together, before fees−0.076%+ Points / potential airdropStandX: Active · farm board−$8 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.002%, so right now this pair is about funding alone: $0 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	92.245	0.0050	pay 0.0006% / 1h	26m 49s	$1.6M	$1.4M	20x
Short	StandX CL-USD	92.250	0.0040	get 0.0005% / 1h	26m 49s	$722K	$3.1M	40x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

StandX 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 StandXbpOrdersPrice spread, now +0.005%Rate

Funding earned: −$2.1
Price spread: +0.005% → +0.002%: $0.33
Slippage, 4 orders: −$20.99
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Fee StandX: 4 bp × 2 orders: −$8
Net: −$38.75
Costs to cover: 0.370%
Break-even: never at this rate

Slippage from Polymarket Perps: live order book, 2 min ago; StandX: live order book, 2 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, 2 min ago	2.93 bp	7.9 bp −$8	8.1 bp −$81	12.0 bp −$1,197	doesn't fit
Sell StandX live order book, 2 min ago	7.05 bp	11.0 bp −$11	11.2 bp −$112	doesn't fit	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	−0.0449%	1h	92.281	+0.039%	$274K	$1.2M	25x	as long as short
GRVT CL_USDT_Perp	−0.0316%	4h	92.180	−0.070%	$58K	$702K	25x	as long as short
Aster CLUSD1	−0.0264%	4h	92.260	+0.016%	$24.0M	$77.5M	20x	as long as short
Binance CLUSDT	−0.0180%	4h	92.242	−0.003%	$244.8M	$1.09B	100x	as long as short
Variational Omni CL	−0.0157%	4h	92.184	−0.066%	$13.4M	$12.4M	—	as long as short
Nado WTI-PERP	−0.0150%	1h	92.302	+0.062%	$926K	$737K	10x	as long as short
Lighter WTI	−0.0088%	1h	92.233	−0.013%	$11.2M	$10.9M	20x	as long as short
Paradex CL-USD-PERP	−0.0077%	8h	92.234	−0.011%	$15K	$367	5x	as long as short
Ondo Perps WTI-USD.P	−0.0068%	1h	92.260	+0.016%	$3.5M	$6.3M	20x	as long as short
tradeXYZ xyz:CL	−0.0055%	1h	92.247	+0.002%	$186.8M	$275.7M	20x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
QFEX CL-USD	−0.0054%	1h	92.240	−0.005%	$2.4M	$2.4M	10x	as long as short
Gate CL_USDT	−0.0031%	8h	92.170	−0.081%	$21.3M	$57.9M	100x	as long as short
Pacifica CL	−0.0020%	1h	92.258	+0.014%	$333K	$576K	10x	as long as short
Bullet WTIOIL-USD	−0.0003%	1h	92.248	+0.003%	$19K	$241K	10x	as long as short
dYdX WTI-USD	0.0000%	1h	92.274	+0.032%	$8K	$3K	5x	as long as short
Bybit CLUSDT	0.0000%	8h	92.270	+0.027%	$25.9M	$94.3M	150x	as long as short
OKX CL-USDT-SWAP	0.0000%	4h	92.240	−0.005%	$43.0M	$113.1M	50x	as long as short
RISEx CL/USDC	0.0000%	1h	92.365	+0.130%	$3.3M	$2.7M	20x	as long as short
Bitget CLUSDT	0.0000%	4h	92.224	−0.023%	$42.0M	$51.6M	100x	as long as short
Phoenix WTIOIL	0.0000%	1h	92.300	+0.060%	$37K	$101K	20x	as long as short
Deribit WTIOIL_USDC-PERPETUAL	0.0000%	1h	92.270	+0.027%	$96K	$189K	15x	as long as short
Coinbase International WTIOIL-PERP-INTX	0.0000%	1h	92.030	−0.233%	$399K	$963K	15x	as long as short
gTrade (Gains Network) WTI/USD	L 0.0000% / S +0.0036%	1h	91.814	−0.467%	$5K	—	150x	as long as short
Extended WTI-USD	+0.0032%	1h	92.285	+0.043%	$2.0M	$26.8M	10x	as long as short
StandX CL-USDshort	+0.0040%	1h	92.250	+0.005%	$722K	$3.1M	40x
Vest CL-PERP	+0.0046%	1h	92.290	+0.049%	—	$308K	10x	as long as short
Polymarket Perps WTIOIL-USDlong	+0.0050%	1h	92.245	long leg	$1.6M	$1.4M	20x
SoDEX CL-USD	+0.0050%	1h	92.245	0.000%	$2.0M	$39K	20x	as long as short
edgeX CLUSDC	+0.0079%	4h	92.275	+0.033%	$531K	$334K	30x	as long as short
KuCoin CLUSDTM	+0.0100%	4h	92.261	+0.017%	$7.1M	$2.1M	50x	as long as short
ApeX Omni CLUSDT	+0.0100%	1h	92.340	+0.103%	$56K	$266K	50x	as long as short
Aevo WTIOIL-PERP	+0.0104%	1h	92.225	−0.021%	$4K	—	10x	as long as short
GMX WTIOIL/USD [ETH-USDC]	L +0.0205% / S −0.0130%	1h	92.245	0.000%	$77K	—	111x	as long as short
Injective WTI/USDC PERP	+0.0220%	1h	101.18	+9.687%	$19K	$11K	30x	as long as short
Aftermath Perps WTIUSD	+0.0234%	1h	92.267	+0.024%	$2K	$29K	5x	as long as short
BloFin CL-USDT	+0.0240%	4h	92.260	+0.016%	$4.0M	$1.4M	50x	as long as short