CL

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC−0.0103%/8h= −11.2% APRnext payment −$0.13 per $10,000 · paid last 24h −0.028%

Price spread now: tradeXYZ against Polymarket Perps−0.007%7-day average +0.011% · you buy dearer than you sell

Net, funding: paid 7d − costs−$51as in the Funding arb table

Net, price: spread back to 7d avg − costs−$34as in the Price arb table

costs, in and out, $10k−$320.323% of the position

Long on Polymarket Perps Short on tradeXYZ

What this pair did over the last

the charts below follow

Funding, last 7 days−0.185%−$19 on $10k

Price spread, last 7 days+0.015%+$2 · spread now −0.007%, 7d avg +0.011%

Together, before fees−0.170%+ Points / potential airdroptradeXYZ: Active · farm board−$17 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.011%, so right now this pair is about funding alone: −$3 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	93.651	0.0050	pay 0.0006% / 1h	43m 37s	$1.7M	$1.3M	20x
Short	tradeXYZ xyz:CL	93.644	−0.0053	pay 0.0007% / 1h	43m 37s	$185.0M	$210.9M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

tradeXYZ 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 tradeXYZbpOrdersPrice spread, now −0.007%Rate

Funding earned: −$21.53
Price spread: −0.007% → +0.011%: −$1.87
Slippage, 4 orders: −$6.34
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Fee tradeXYZ: 9 bp × 2 orders: −$18
Net: −$55.74
Costs to cover: 0.323%
Break-even: never at this rate

Slippage from Polymarket Perps: live order book, 5 min ago; tradeXYZ: live order book, 6 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, 5 min ago	2.30 bp	7.2 bp −$7	7.5 bp −$75	10.6 bp −$1,063	doesn't fit
Sell tradeXYZ live order book, 6 min ago	0.27 bp	9.3 bp −$9	9.9 bp −$99	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
Deribit WTIOIL_USDC-PERPETUAL	−0.0497%	1h	93.620	−0.033%	$197K	$381K	15x	as long as short
Aster CLUSD1	−0.0260%	4h	93.670	+0.020%	$24.5M	$65.3M	20x	as long as short
GRVT CL_USDT_Perp	−0.0244%	4h	93.633	−0.019%	$58K	$629K	25x	as long as short
Binance CLUSDT	−0.0145%	4h	93.640	−0.012%	$246.4M	$925.1M	100x	as long as short
Aftermath Perps WTIUSD	−0.0138%	1h	93.649	−0.002%	$2K	$26K	5x	as long as short
Kraken Futures PF_WTIOILUSD	−0.0137%	1h	93.672	+0.023%	$286K	$958K	25x	as long as short
Variational Omni CL	−0.0135%	4h	93.599	−0.056%	$13.5M	$10.7M	—	as long as short
Bitget CLUSDT	−0.0100%	4h	93.637	−0.015%	$42.2M	$42.4M	100x	as long as short
Gate CL_USDT	−0.0096%	8h	93.570	−0.086%	$22.3M	$48.6M	100x	as long as short
Ondo Perps WTI-USD.P	−0.0068%	1h	93.630	−0.022%	$3.5M	$5.4M	20x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
edgeX CLUSDC	−0.0055%	4h	93.649	−0.002%	$526K	$307K	30x	as long as short
tradeXYZ xyz:CLshort	−0.0053%	1h	93.644	−0.007%	$185.0M	$210.9M	20x
Nado WTI-PERP	−0.0030%	1h	93.726	+0.081%	$966K	$627K	10x	as long as short
QFEX CL-USD	−0.0023%	1h	93.630	−0.022%	$2.3M	$2.5M	10x	as long as short
OKX CL-USDT-SWAP	−0.0014%	4h	93.660	+0.010%	$42.7M	$102.0M	50x	as long as short
Coinbase International WTIOIL-PERP-INTX	−0.0008%	1h	93.500	−0.161%	$404K	$931K	15x	as long as short
dYdX WTI-USD	0.0000%	1h	93.651	0.000%	$8K	$3K	5x	as long as short
Bybit CLUSDT	0.0000%	8h	93.665	+0.015%	$27.3M	$79.2M	150x	as long as short
RISEx CL/USDC	0.0000%	1h	93.694	+0.046%	$3.1M	$2.8M	20x	as long as short
Phoenix WTIOIL	0.0000%	1h	93.640	−0.012%	$37K	$39K	20x	as long as short
Bullet WTIOIL-USD	0.0000%	1h	93.668	+0.018%	$18K	$240K	10x	as long as short
gTrade (Gains Network) WTI/USD	L 0.0000% / S +0.0036%	1h	93.207	−0.474%	$5K	—	150x	as long as short
Paradex CL-USD-PERP	+0.0030%	8h	93.633	−0.019%	$16K	$367	5x	as long as short
Lighter WTI	+0.0032%	1h	93.646	−0.005%	$11.3M	$9.6M	20x	as long as short
Extended WTI-USD	+0.0032%	1h	93.690	+0.042%	$2.0M	$16.1M	10x	as long as short
StandX CL-USD	+0.0040%	1h	93.660	+0.010%	$742K	$2.8M	40x	as long as short
Vest CL-PERP	+0.0046%	1h	93.670	+0.020%	—	$313K	10x	as long as short
Polymarket Perps WTIOIL-USDlong	+0.0050%	1h	93.651	long leg	$1.7M	$1.3M	20x
SoDEX CL-USD	+0.0050%	1h	93.648	−0.003%	$2.1M	$60K	20x	as long as short
Pacifica CL	+0.0100%	1h	93.653	+0.003%	$333K	$576K	10x	as long as short
KuCoin CLUSDTM	+0.0100%	4h	93.657	+0.006%	$7.1M	$2.4M	50x	as long as short
ApeX Omni CLUSDT	+0.0100%	1h	93.690	+0.042%	$54K	$266K	50x	as long as short
Aevo WTIOIL-PERP	+0.0104%	1h	93.628	−0.024%	$4K	—	10x	as long as short
Injective WTI/USDC PERP	+0.0220%	1h	102.74	+9.709%	$19K	$11K	30x	as long as short
BloFin CL-USDT	+0.0223%	4h	93.690	+0.042%	$4.0M	$981K	50x	as long as short
GMX WTIOIL/USD [ETH-USDC]	L +0.0245% / S −0.0179%	1h	93.655	+0.004%	$84K	—	111x	as long as short