CL

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC+0.0010%/8h= +1.1% APRnext payment +$0.01 per $10,000 · paid last 24h +0.006%

Price spread now: Polymarket Perps against StandX−0.068%7-day average +0.009% · you buy dearer than you sell

Net, funding: paid 7d − costs−$24as in the Funding arb table

Net, price: spread back to 7d avg − costs−$40as in the Price arb table

costs, in and out, $10k−$320.325% of the position

Long on StandX Short on Polymarket Perps

What this pair did over the last

the charts below follow

Funding, last 7 days+0.081%+$8 on $10k

Price spread, last 7 days+0.024%+$2 · spread now −0.068%, 7d avg +0.009%

Together, before fees+0.105%+ Points / potential airdropStandX: Active · farm board+$10 on $10k · with fees, hour by hour

Funding pays, the price is against you. Polymarket Perps is 0.078% cheaper against StandX than usual: you would sell low and buy high (spread −0.068% now, against its 7-day average of +0.009%). If the spread goes back, that is −$8 on $10k: about 26 days of funding at the current rate ($0 a day). At the pace of the last 7 days (+0.081% in total) that is about 6.7 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	StandX CL-USD	90.620	0.0040	pay 0.0005% / 1h	2m 33s	$705K	$2.8M	40x
Short	Polymarket Perps WTIOIL-USD	90.558	0.0050	get 0.0006% / 1h	2m 33s	$1.6M	$1.2M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Polymarket Perps against StandX. 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 StandXbpFee Polymarket PerpsbpOrdersPrice spread, now −0.068%Rate

Funding earned: $2.1
Price spread: −0.068% → +0.009%: −$7.77
Slippage, 4 orders: −$16.47
Fee StandX: 4 bp × 2 orders: −$8
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Net: −$38.13
Costs to cover: 0.325%
Break-even: 134.1 days

Slippage from StandX: live order book, 1 min ago; Polymarket Perps: live order book, 1 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 StandX live order book, 1 min ago	3.87 bp	7.9 bp −$8	10.0 bp −$100	doesn't fit	doesn't fit
Sell Polymarket Perps live order book, 1 min ago	3.42 bp	7.4 bp −$7	12.9 bp −$129	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	−0.0321%	1h	90.539	−0.089%	$266K	$1.0M	25x	as long as short
Deribit WTIOIL_USDC-PERPETUAL	−0.0302%	1h	90.450	−0.188%	$181K	$415K	15x	as long as short
Aster CLUSD1	−0.0206%	4h	90.402	−0.241%	$24.5M	$60.5M	20x	as long as short
Binance CLUSDT	−0.0124%	4h	90.352	−0.296%	$245.3M	$1.02B	100x	as long as short
Gate CL_USDT	−0.0107%	8h	90.310	−0.342%	$23.0M	$53.0M	100x	as long as short
Bitget CLUSDT	−0.0104%	4h	90.363	−0.284%	$40.7M	$45.4M	100x	as long as short
Variational Omni CL	−0.0102%	4h	90.380	−0.265%	$13.1M	$10.9M	—	as long as short
Nado WTI-PERP	−0.0093%	1h	90.623	+0.003%	$935K	$600K	10x	as long as short
GRVT CL_USDT_Perp	−0.0092%	4h	90.248	−0.411%	$70K	$616K	25x	as long as short
edgeX CLUSDC	−0.0071%	4h	90.283	−0.372%	$527K	$342K	30x	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	−0.0052%	4h	90.320	−0.331%	$41.2M	$109.7M	50x	as long as short
Aftermath Perps WTIUSD	−0.0039%	1h	90.815	+0.215%	$1K	$27K	5x	as long as short
QFEX CL-USD	−0.0026%	1h	90.360	−0.287%	$2.2M	$2.9M	10x	as long as short
tradeXYZ xyz:CL	−0.0024%	1h	90.381	−0.264%	$176.9M	$204.6M	20x	as long as short
gTrade (Gains Network) WTI/USD	L −0.0001% / S +0.0036%	1h	90.102	−0.572%	$1K	—	150x	as long as short
dYdX WTI-USD	0.0000%	1h	90.381	−0.264%	$8K	$3K	5x	as long as short
Bybit CLUSDT	0.0000%	8h	90.354	−0.294%	$25.9M	$90.0M	150x	as long as short
RISEx CL/USDC	0.0000%	1h	90.625	+0.005%	$2.9M	$2.9M	20x	as long as short
Bullet WTIOIL-USD	0.0000%	1h	90.525	−0.105%	$18K	$238K	10x	as long as short
Phoenix WTIOIL	+0.0009%	1h	90.590	−0.033%	$36K	$39K	20x	as long as short
Paradex CL-USD-PERP	+0.0015%	8h	90.362	−0.285%	$15K	$367	5x	as long as short
Coinbase International WTIOIL-PERP-INTX	+0.0016%	1h	90.300	−0.353%	$406K	$1.0M	15x	as long as short
Lighter WTI	+0.0024%	1h	90.359	−0.288%	$10.9M	$9.4M	20x	as long as short
Ondo Perps WTI-USD.P	+0.0030%	1h	90.340	−0.309%	$3.5M	$5.1M	20x	as long as short
Extended WTI-USD	+0.0032%	1h	90.410	−0.232%	$1.6M	$13.6M	10x	as long as short
StandX CL-USDlong	+0.0040%	1h	90.620	long leg	$705K	$2.8M	40x
Vest CL-PERP	+0.0046%	1h	90.540	−0.088%	—	$313K	10x	as long as short
Polymarket Perps WTIOIL-USDshort	+0.0050%	1h	90.558	−0.068%	$1.6M	$1.2M	20x
SoDEX CL-USD	+0.0050%	1h	90.430	−0.210%	$2.0M	$79K	20x	as long as short
Pacifica CL	+0.0100%	1h	90.387	−0.257%	$335K	$573K	10x	as long as short
KuCoin CLUSDTM	+0.0100%	4h	90.388	−0.256%	$6.9M	$2.8M	50x	as long as short
ApeX Omni CLUSDT	+0.0100%	1h	90.430	−0.210%	$53K	$266K	50x	as long as short
Aevo WTIOIL-PERP	+0.0104%	1h	90.457	−0.180%	$4K	—	10x	as long as short
BloFin CL-USDT	+0.0190%	4h	90.480	−0.154%	$4.1M	$997K	50x	as long as short
Injective WTI/USDC PERP	+0.0220%	1h	102.13	+12.706%	$19K	$5K	30x	as long as short
GMX WTIOIL/USD [ETH-USDC]	L +0.0254% / S −0.0184%	1h	90.445	−0.193%	$84K	—	111x	as long as short