CL

Alert: funding

Alert: spread

Funding you earn now, next payment 11:00 UTC−0.0023%/8h= −2.5% APRnext payment −$0.03 per $10,000 · paid last 24h +0.018%

Price spread now: GMX against RISEx−0.145%7-day average — · you buy dearer than you sell

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

Long on RISEx Short on GMX

What this pair did over the last

the charts below follow

Funding, last 4 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

Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and GMX is 0.145% cheaper against RISEx than usual: you would sell low and buy high (−$14 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	RISEx CL/USDC	89.424	0	get 0.0000% / 1h	6m 47s	$2.8M	$3.1M	20x
Short	GMX WTIOIL/USD [ETH-USDC]	89.295	L +0.0161% / S +0.0023%	pay 0.0003% / 1h	6m 47s	$71K	—	111x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GMX against RISEx. 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 RISExbpFee GMXbpOrdersPrice spread, now −0.145%Rate

Funding earned: −$4.89
Price spread: −0.145% → 0.000%: −$14.48
Slippage, 4 orders: no order book: not counted
Fee RISEx: 3 bp × 2 orders: −$6
Fee GMX: 6 bp × 2 orders: −$12
Net: −$37.37
Costs to cover: 0.180%
Break-even: never at this rate

Slippage unknown: RISEx: live order book, 5 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 RISEx live order book, 5 min ago	0.95 bp	3.9 bp −$4	5.1 bp −$51	doesn't fit	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 exchanges

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	−0.0342%	1h	89.269	−0.174%	$304K	$1.9M	25x	as long as short
Aftermath Perps WTIUSD	−0.0139%	1h	89.482	+0.064%	$1K	$26K	5x	as long as short
GRVT CL_USDT_Perp	−0.0102%	4h	89.477	+0.059%	$67K	$645K	25x	as long as short
tradeXYZ xyz:CL	−0.0098%	1h	89.270	−0.173%	$174.1M	$248.2M	20x	as long as short
Bitget CLUSDT	−0.0086%	4h	89.276	−0.166%	$40.6M	$56.6M	100x	as long as short
Aster CLUSD1	−0.0070%	4h	89.360	−0.072%	$24.2M	$72.4M	20x	as long as short
edgeX CLUSDC	−0.0059%	4h	89.581	+0.175%	$499K	$374K	30x	as long as short
Coinbase International WTIOIL-PERP-INTX	−0.0040%	1h	89.760	+0.375%	$416K	$1.5M	15x	as long as short
Ondo Perps WTI-USD.P	−0.0032%	1h	89.290	−0.150%	$3.4M	$6.4M	20x	as long as short
QFEX CL-USD	−0.0025%	1h	89.350	−0.083%	$2.2M	$2.8M	10x	as long as short

Show all 36 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance CLUSDT	−0.0024%	4h	89.340	−0.094%	$241.3M	$1.20B	100x	as long as short
Nado WTI-PERP	−0.0023%	1h	89.387	−0.041%	$874K	$684K	10x	as long as short
Gate CL_USDT	−0.0013%	8h	89.210	−0.240%	$23.7M	$56.8M	100x	as long as short
Variational Omni CL	−0.0002%	4h	89.722	+0.333%	$12.5M	$11.2M	—	as long as short
gTrade (Gains Network) WTI/USD	L −0.0001% / S +0.0036%	1h	89.009	−0.465%	$606	—	150x	as long as short
dYdX WTI-USD	0.0000%	1h	89.322	−0.114%	$8K	$3K	5x	as long as short
Bybit CLUSDT	0.0000%	8h	89.350	−0.083%	$28.7M	$110.0M	150x	as long as short
OKX CL-USDT-SWAP	0.0000%	4h	89.320	−0.117%	$40.3M	$133.6M	50x	as long as short
RISEx CL/USDClong	0.0000%	1h	89.424	long leg	$2.8M	$3.1M	20x
Phoenix WTIOIL	0.0000%	1h	89.710	+0.319%	$33K	$39K	20x	as long as short
Bullet WTIOIL-USD	0.0000%	1h	89.319	−0.118%	$18K	$235K	10x	as long as short
Deribit WTIOIL_USDC-PERPETUAL	0.0000%	1h	89.300	−0.139%	$39K	$650K	15x	as long as short
Extended WTI-USD	+0.0008%	1h	89.330	−0.106%	$1.3M	$13.6M	10x	as long as short
Paradex CL-USD-PERP	+0.0027%	8h	89.352	−0.081%	$15K	$458	5x	as long as short
Lighter WTI	+0.0032%	1h	89.293	−0.147%	$10.5M	$11.0M	20x	as long as short
StandX CL-USD	+0.0040%	1h	89.400	−0.027%	$689K	$2.7M	40x	as long as short
Vest CL-PERP	+0.0046%	1h	89.330	−0.106%	—	$313K	10x	as long as short
Polymarket Perps WTIOIL-USD	+0.0050%	1h	89.279	−0.163%	$1.6M	$1.4M	20x	as long as short
SoDEX CL-USD	+0.0050%	1h	89.300	−0.139%	$2.0M	$83K	20x	as long as short
Pacifica CL	+0.0100%	1h	89.311	−0.127%	$306K	$747K	10x	as long as short
KuCoin CLUSDTM	+0.0100%	4h	89.269	−0.174%	$6.9M	$3.1M	50x	as long as short
ApeX Omni CLUSDT	+0.0100%	1h	89.360	−0.072%	$52K	$268K	50x	as long as short
Aevo WTIOIL-PERP	+0.0104%	1h	89.284	−0.157%	$4K	—	10x	as long as short
GMX WTIOIL/USD [ETH-USDC]short	L +0.0161% / S +0.0023%	1h	89.295	−0.145%	$71K	—	111x
Injective WTI/USDC PERP	+0.0220%	1h	90.137	+0.797%	$16K	$5K	30x	as long as short
BloFin CL-USDT	+0.0240%	4h	89.360	−0.072%	$3.9M	$1.0M	50x	as long as short