Settings8H · net · $10k
Funding arb · Price arb /

CL

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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: Polymarket Perps against QFEX+0.034%7-day average −0.006% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
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−0.067%−$7 · spread now +0.034%, 7d avg −0.006%
Together, before fees+0.048%+$5 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Polymarket Perps is 0.040% dearer against QFEX than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of −0.006%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongQFEX CL-USD92.960−0.0026get 0.0003% / 1h45m 24s$2.3M$2.5M10x
ShortPolymarket Perps WTIOIL-USD92.9920.0050get 0.0006% / 1h45m 24s$1.6M$1.2M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Polymarket Perps against QFEX. 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

Funding earned
$15.86
Price spread: +0.034% → −0.006%
$4.05
Slippage, 4 orders
no order book: not counted
Fee QFEX: 5 bp × 2 orders
−$10
Fee Polymarket Perps: 4 bp × 2 orders
−$8
Net
$1.9
Costs to cover
0.180%
Break-even
6.2 days
Slippage unknown: QFEX: live order book, 2 min ago; Polymarket Perps: live order book, 3 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy QFEX live order book, 2 min ago1.62 bp8.0 bp −$88.7 bp −$879.8 bp −$985doesn't fit
Sell Polymarket Perps live order book, 3 min ago314.98 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit

CL on 36 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Deribit WTIOIL_USDC-PERPETUAL−0.0610%1h92.9600.000%$188K$408K15xas long as short
Kraken Futures PF_WTIOILUSD−0.0313%1h93.028+0.073%$270K$931K25xas long as short
Aster CLUSD1−0.0238%4h93.012+0.056%$24.7M$61.4M20xas long as short
GRVT CL_USDT_Perp−0.0238%4h92.945−0.017%$74K$614K25xas long as short
Binance CLUSDT−0.0138%4h92.980+0.022%$246.7M$929.0M100xas long as short
Variational Omni CL−0.0120%4h92.980+0.021%$13.6M$10.7Mas long as short
Gate CL_USDT−0.0117%8h92.910−0.054%$23.4M$49.0M100xas long as short
Nado WTI-PERP−0.0110%1h93.038+0.084%$952K$609K10xas long as short
Bitget CLUSDT−0.0088%4h92.971+0.012%$42.1M$41.7M100xas long as short
Aftermath Perps WTIUSD−0.0074%1h92.992+0.035%$2K$27K5xas long as short
Show all 36 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX CL-USDT-SWAP−0.0057%4h92.970+0.011%$42.6M$103.2M50xas long as short
edgeX CLUSDC−0.0046%4h92.938−0.024%$542K$343K30xas long as short
tradeXYZ xyz:CL−0.0042%1h92.991+0.033%$184.2M$196.3M20xas long as short
QFEX CL-USDlong−0.0026%1h92.960long leg$2.3M$2.5M10x
Ondo Perps WTI-USD.P−0.0007%1h92.9600.000%$3.6M$5.2M20xas long as short
dYdX WTI-USD0.0000%1h93.037+0.083%$8K$3K5xas long as short
Bybit CLUSDT0.0000%8h93.000+0.043%$27.5M$80.4M150xas long as short
RISEx CL/USDC0.0000%1h93.017+0.061%$3.0M$2.8M20xas long as short
Bullet WTIOIL-USD0.0000%1h92.978+0.019%$19K$240K10xas long as short
gTrade (Gains Network) WTI/USDL 0.0000% / S +0.0036%1h92.569−0.421%$5K150xas long as short
Paradex CL-USD-PERP+0.0008%8h92.961+0.001%$16K$3675xas long as short
Phoenix WTIOIL+0.0009%1h93.020+0.065%$37K$39K20xas long as short
Coinbase International WTIOIL-PERP-INTX+0.0016%1h93.160+0.215%$404K$808K15xas long as short
Lighter WTI+0.0024%1h92.965+0.005%$11.3M$8.7M20xas long as short
Extended WTI-USD+0.0032%1h93.020+0.065%$1.7M$14.7M10xas long as short
StandX CL-USD+0.0040%1h93.000+0.043%$733K$2.8M40xas long as short
Vest CL-PERP+0.0046%1h92.990+0.032%$313K10xas long as short
Polymarket Perps WTIOIL-USDshort+0.0050%1h92.992+0.034%$1.6M$1.2M20x
SoDEX CL-USD+0.0050%1h92.995+0.038%$2.1M$62K20xas long as short
Pacifica CL+0.0100%1h93.001+0.044%$347K$586K10xas long as short
KuCoin CLUSDTM+0.0100%4h92.997+0.040%$7.1M$2.4M50xas long as short
ApeX Omni CLUSDT+0.0100%1h93.010+0.054%$54K$267K50xas long as short
Aevo WTIOIL-PERP+0.0104%1h92.963+0.004%$4K10xas long as short
GMX WTIOIL/USD [ETH-USDC]L +0.0166% / S 0.0000%1h93.015+0.059%$85K111xas long as short
BloFin CL-USDT+0.0180%4h92.970+0.011%$4.0M$1.0M50xas long as short
Injective WTI/USDC PERP+0.0220%1h102.13+9.869%$19K$5K30xas long as short