CL

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0194%/8h= +21.2% APRnext payment +$0.24 per $10,000 · paid last 24h +0.057%

Price spread now: GMX against tradeXYZ+0.032%7-day average — · you sell dearer than you buy

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

Long on tradeXYZ Short on GMX

What this pair did over the last

the charts below follow

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—+ Points / potential airdroptradeXYZ: Active · farm boardneeds both histories

Both sides work for this trade now. Funding pays +$6 a day on $10k at the current rate, and GMX is 0.032% dearer against tradeXYZ than usual: you sell high and buy low: +$3 more if the spread goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	tradeXYZ xyz:CL	93.105	−0.0015	get 0.0002% / 1h	2m 15s	$184.5M	$196.7M	20x
Short	GMX WTIOIL/USD [ETH-USDC]	93.135	L +0.0261% / S −0.0179%	get 0.0022% / 1h	2m 15s	$90K	—	111x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GMX against tradeXYZ. 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 tradeXYZbpFee GMXbpOrdersPrice spread, now +0.032%Rate

Funding earned: $40.71
Price spread: +0.032% → 0.000%: $3.22
Slippage, 4 orders: no order book: not counted
Fee tradeXYZ: 9 bp × 2 orders: −$18
Fee GMX: 6 bp × 2 orders: −$12
Net: $13.93
Costs to cover: 0.300%
Break-even: 4.6 days

Slippage unknown: tradeXYZ: live order book, 8 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 tradeXYZ live order book, 8 min ago	0.11 bp	9.5 bp −$10	9.7 bp −$97	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 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	−0.0287%	1h	93.070	−0.038%	$188K	$405K	15x	as long as short
Aster CLUSD1	−0.0250%	4h	93.172	+0.072%	$24.8M	$62.3M	20x	as long as short
GRVT CL_USDT_Perp	−0.0218%	4h	93.231	+0.135%	$75K	$634K	25x	as long as short
Kraken Futures PF_WTIOILUSD	−0.0210%	1h	93.121	+0.017%	$273K	$928K	25x	as long as short
Gate CL_USDT	−0.0139%	8h	93.020	−0.091%	$23.2M	$50.8M	100x	as long as short
Binance CLUSDT	−0.0139%	4h	93.146	+0.044%	$246.6M	$925.9M	100x	as long as short
Variational Omni CL	−0.0130%	4h	93.192	+0.094%	$13.6M	$10.8M	—	as long as short
Nado WTI-PERP	−0.0108%	1h	93.143	+0.041%	$953K	$613K	10x	as long as short
Bitget CLUSDT	−0.0098%	4h	93.133	+0.030%	$42.2M	$41.5M	100x	as long as short
Aftermath Perps WTIUSD	−0.0083%	1h	93.137	+0.034%	$1K	$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	−0.0065%	4h	93.130	+0.027%	$42.6M	$103.3M	50x	as long as short
edgeX CLUSDC	−0.0042%	4h	93.256	+0.163%	$525K	$324K	30x	as long as short
QFEX CL-USD	−0.0038%	1h	93.110	+0.005%	$2.3M	$2.4M	10x	as long as short
Coinbase International WTIOIL-PERP-INTX	−0.0016%	1h	93.100	−0.005%	$403K	$806K	15x	as long as short
tradeXYZ xyz:CLlong	−0.0015%	1h	93.105	long leg	$184.5M	$196.7M	20x
Lighter WTI	−0.0008%	1h	93.126	+0.023%	$11.2M	$9.2M	20x	as long as short
Ondo Perps WTI-USD.P	−0.0002%	1h	93.080	−0.027%	$3.6M	$5.3M	20x	as long as short
dYdX WTI-USD	0.0000%	1h	93.133	+0.030%	$8K	$3K	5x	as long as short
Bybit CLUSDT	0.0000%	8h	93.150	+0.048%	$27.1M	$79.9M	150x	as long as short
RISEx CL/USDC	0.0000%	1h	93.133	+0.030%	$3.0M	$2.8M	20x	as long as short
Phoenix WTIOIL	0.0000%	1h	93.140	+0.038%	$37K	$40K	20x	as long as short
Bullet WTIOIL-USD	0.0000%	1h	93.086	−0.020%	$18K	$240K	10x	as long as short
gTrade (Gains Network) WTI/USD	L 0.0000% / S +0.0036%	1h	92.704	−0.431%	$5K	—	150x	as long as short
Paradex CL-USD-PERP	+0.0012%	8h	93.087	−0.020%	$16K	$367	5x	as long as short
Extended WTI-USD	+0.0032%	1h	93.120	+0.016%	$1.7M	$14.9M	10x	as long as short
StandX CL-USD	+0.0040%	1h	93.130	+0.027%	$734K	$2.8M	40x	as long as short
Vest CL-PERP	+0.0046%	1h	93.090	−0.016%	—	$313K	10x	as long as short
Polymarket Perps WTIOIL-USD	+0.0050%	1h	93.096	−0.010%	$1.6M	$1.3M	20x	as long as short
SoDEX CL-USD	+0.0050%	1h	93.120	+0.016%	$2.1M	$62K	20x	as long as short
Pacifica CL	+0.0100%	1h	93.105	0.000%	$347K	$589K	10x	as long as short
KuCoin CLUSDTM	+0.0100%	4h	93.160	+0.059%	$7.1M	$2.4M	50x	as long as short
ApeX Omni CLUSDT	+0.0100%	1h	93.290	+0.199%	$54K	$266K	50x	as long as short
Aevo WTIOIL-PERP	+0.0104%	1h	93.080	−0.027%	$4K	—	10x	as long as short
BloFin CL-USDT	+0.0171%	4h	93.100	−0.005%	$4.0M	$1.0M	50x	as long as short
Injective WTI/USDC PERP	+0.0220%	1h	102.13	+9.698%	$19K	$11K	30x	as long as short
GMX WTIOIL/USD [ETH-USDC]short	L +0.0261% / S −0.0179%	1h	93.135	+0.032%	$90K	—	111x