Funding you earn now, next payment 08:00 UTC+0.0039%/8h= +4.3% APRnext payment +$0.05 per $10,000 · paid last 24h +0.051%
Price spread now: GMX against QFEX+0.016%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$1 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | QFEX CL-USD | 92.910 | −0.0038 | get 0.0005% / 1h | 21m 31s | $2.3M | $2.4M | 10x |
| Short | GMX WTIOIL/USD [ETH-USDC] | 92.925 | L +0.0164% / S −0.0001% | get 0.0000% / 1h | 21m 31s | $81K | — | 111x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
GMX against QFEX. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $8.19
- Price spread: +0.016% → 0.000%
- $1.61
- Slippage, 4 orders
- no order book: not counted
- Fee QFEX: 5 bp × 2 orders
- −$10
- Fee GMX: 6 bp × 2 orders
- −$12
- Net
- −$12.2
- Costs to cover
- 0.220%
- Break-even
- 17.4 days
Slippage unknown: QFEX: live order book, 6 min ago; GMX: 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 QFEX live order book, 6 min ago | 2.15 bp | 8.8 bp −$9 | 9.2 bp −$92 | 10.8 bp −$1,077 | doesn't fit |
| Sell GMX no order-book sample | — | — | — | — | — |
GMX: 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 | −0.0503% | 1h | 92.900 | −0.011% | $194K | $396K | 15x | as long as short |
| Aster CLUSD1 | −0.0281% | 4h | 92.927 | +0.018% | $24.7M | $63.7M | 20x | as long as short |
| GRVT CL_USDT_Perp | −0.0252% | 4h | 92.963 | +0.057% | $77K | $622K | 25x | as long as short |
| Kraken Futures PF_WTIOILUSD | −0.0210% | 1h | 92.937 | +0.029% | $275K | $930K | 25x | as long as short |
| Binance CLUSDT | −0.0157% | 4h | 92.910 | 0.000% | $246.7M | $923.2M | 100x | as long as short |
| Variational Omni CL | −0.0147% | 4h | 92.978 | +0.073% | $13.5M | $10.7M | — | as long as short |
| Gate CL_USDT | −0.0134% | 8h | 92.830 | −0.086% | $22.9M | $50.0M | 100x | as long as short |
| Bitget CLUSDT | −0.0122% | 4h | 92.900 | −0.011% | $42.2M | $41.7M | 100x | as long as short |
| Nado WTI-PERP | −0.0108% | 1h | 92.951 | +0.045% | $953K | $620K | 10x | as long as short |
| Aftermath Perps WTIUSD | −0.0099% | 1h | 92.976 | +0.071% | $2K | $26K | 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 | −0.0080% | 4h | 92.890 | −0.022% | $42.6M | $102.8M | 50x | as long as short |
| edgeX CLUSDC | −0.0057% | 4h | 92.965 | +0.060% | $523K | $305K | 30x | as long as short |
| QFEX CL-USDlong | −0.0038% | 1h | 92.910 | long leg | $2.3M | $2.4M | 10x | |
| tradeXYZ xyz:CL | −0.0022% | 1h | 92.935 | +0.027% | $184.2M | $197.9M | 20x | as long as short |
| Ondo Perps WTI-USD.P | −0.0022% | 1h | 92.860 | −0.054% | $3.6M | $5.3M | 20x | as long as short |
| Lighter WTI | −0.0016% | 1h | 92.878 | −0.034% | $11.2M | $9.2M | 20x | as long as short |
| Coinbase International WTIOIL-PERP-INTX | −0.0016% | 1h | 93.540 | +0.678% | $405K | $810K | 15x | as long as short |
| Paradex CL-USD-PERP | 0.0000% | 8h | 92.870 | −0.044% | $16K | $367 | 5x | as long as short |
| dYdX WTI-USD | 0.0000% | 1h | 92.986 | +0.082% | $8K | $3K | 5x | as long as short |
| Bybit CLUSDT | 0.0000% | 8h | 92.924 | +0.015% | $26.7M | $79.4M | 150x | as long as short |
| RISEx CL/USDC | 0.0000% | 1h | 92.939 | +0.032% | $3.0M | $2.9M | 20x | as long as short |
| Phoenix WTIOIL | 0.0000% | 1h | 92.990 | +0.086% | $37K | $40K | 20x | as long as short |
| Bullet WTIOIL-USD | 0.0000% | 1h | 92.933 | +0.025% | $18K | $240K | 10x | as long as short |
| gTrade (Gains Network) WTI/USD | L 0.0000% / S +0.0036% | 1h | 92.492 | −0.450% | $5K | — | 150x | as long as short |
| Extended WTI-USD | +0.0032% | 1h | 92.930 | +0.022% | $1.9M | $15.1M | 10x | as long as short |
| StandX CL-USD | +0.0040% | 1h | 93.040 | +0.140% | $737K | $2.8M | 40x | as long as short |
| Vest CL-PERP | +0.0046% | 1h | 92.930 | +0.022% | — | $313K | 10x | as long as short |
| Polymarket Perps WTIOIL-USD | +0.0050% | 1h | 92.902 | −0.009% | $1.7M | $1.3M | 20x | as long as short |
| SoDEX CL-USD | +0.0050% | 1h | 92.938 | +0.030% | $2.1M | $60K | 20x | as long as short |
| Pacifica CL | +0.0100% | 1h | 92.913 | +0.003% | $347K | $592K | 10x | as long as short |
| KuCoin CLUSDTM | +0.0100% | 4h | 92.928 | +0.019% | $7.0M | $2.4M | 50x | as long as short |
| ApeX Omni CLUSDT | +0.0100% | 1h | 92.940 | +0.032% | $54K | $266K | 50x | as long as short |
| Aevo WTIOIL-PERP | +0.0104% | 1h | 92.919 | +0.009% | $4K | — | 10x | as long as short |
| BloFin CL-USDT | +0.0160% | 4h | 92.950 | +0.043% | $4.1M | $982K | 50x | as long as short |
| GMX WTIOIL/USD [ETH-USDC]short | L +0.0164% / S −0.0001% | 1h | 92.925 | +0.016% | $81K | — | 111x | |
| Injective WTI/USDC PERP | +0.0220% | 1h | 102.45 | +10.268% | $19K | $11K | 30x | as long as short |
GMX WTIOIL/USD [ETH-USDC]
Deribit WTIOIL_USDC-PERPETUAL
Aster CLUSD1
GRVT CL_USDT_Perp
Kraken Futures PF_WTIOILUSD
Binance CLUSDT
Variational Omni CL
Gate CL_USDT
Bitget CLUSDT
Aftermath Perps WTIUSD
OKX CL-USDT-SWAP
edgeX CLUSDC
tradeXYZ xyz:CL
Lighter WTI
Coinbase International WTIOIL-PERP-INTX
Paradex CL-USD-PERP
Bybit CLUSDT
RISEx CL/USDC
Phoenix WTIOIL
Bullet WTIOIL-USD
gTrade (Gains Network) WTI/USD
Extended WTI-USD
StandX CL-USD
Polymarket Perps WTIOIL-USD
SoDEX CL-USD
Pacifica CL
KuCoin CLUSDTM
ApeX Omni CLUSDT
BloFin CL-USDT
Injective WTI/USDC PERP