CL

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC−0.0206%/8h= −22.5% APRnext payment −$0.26 per $10,000 · paid last 24h −0.081%

Price spread now: dYdX against GMX+0.045%7-day average — · you sell dearer than you buy

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

Long on GMX Short on dYdX

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—needs both histories

The price spread pays, funding is against you. dYdX is 0.045% dearer against GMX than usual: you sell high and buy low (spread +0.045% now, against zero (this spread has no 7-day history yet)): +$5 on $10k if it goes back. Holding the pair costs −$6 a day in funding at the current rate, which eats that in about 18 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	GMX WTIOIL/USD [ETH-USDC]	92.615	L +0.0206% / S −0.0131%	pay 0.0026% / 1h	22m 34s	$78K	—	111x
Short	dYdX WTI-USD	92.657	0	get 0.0000% / 1h	22m 34s	$8K	$3K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

dYdX against GMX. 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 GMXbpFee dYdXbpOrdersPrice spread, now +0.045%Rate

Funding earned: −$43.22
Price spread: +0.045% → 0.000%: $4.51
Slippage, 4 orders: no order book: not counted
Fee GMX: 6 bp × 2 orders: −$12
Fee dYdX: 5 bp × 2 orders: −$10
Net: −$60.71
Costs to cover: 0.220%
Break-even: never at this rate

Slippage unknown: GMX: no order-book sample; dYdX: 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 GMX no order-book sample	—	—	—	—	—
Sell dYdX no order-book sample	—	—	—	—	—

GMX and dYdX: 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	−0.0398%	1h	92.600	−0.016%	$123K	$275K	15x	as long as short
GRVT CL_USDT_Perp	−0.0346%	4h	92.524	−0.098%	$58K	$693K	25x	as long as short
Aster CLUSD1	−0.0333%	4h	92.629	+0.016%	$24.0M	$78.4M	20x	as long as short
Binance CLUSDT	−0.0273%	4h	92.690	+0.081%	$245.5M	$1.06B	100x	as long as short
Variational Omni CL	−0.0265%	4h	92.480	−0.146%	$13.1M	$12.2M	—	as long as short
Gate CL_USDT	−0.0214%	8h	92.580	−0.038%	$21.3M	$55.2M	100x	as long as short
Kraken Futures PF_WTIOILUSD	−0.0120%	1h	92.629	+0.015%	$274K	$1.1M	25x	as long as short
Nado WTI-PERP	−0.0064%	1h	92.638	+0.024%	$933K	$732K	10x	as long as short
Ondo Perps WTI-USD.P	−0.0047%	1h	92.590	−0.027%	$3.5M	$6.1M	20x	as long as short
Coinbase International WTIOIL-PERP-INTX	−0.0040%	1h	92.030	−0.632%	$399K	$959K	15x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
QFEX CL-USD	−0.0040%	1h	92.640	+0.027%	$2.4M	$2.1M	10x	as long as short
tradeXYZ xyz:CL	−0.0025%	1h	92.616	+0.001%	$186.7M	$235.9M	20x	as long as short
Paradex CL-USD-PERP	−0.0003%	8h	92.608	−0.008%	$15K	$367	5x	as long as short
dYdX WTI-USDshort	0.0000%	1h	92.657	+0.045%	$8K	$3K	5x
Bybit CLUSDT	0.0000%	8h	92.703	+0.095%	$26.5M	$92.1M	150x	as long as short
OKX CL-USDT-SWAP	0.0000%	4h	92.670	+0.059%	$43.0M	$111.3M	50x	as long as short
RISEx CL/USDC	0.0000%	1h	92.771	+0.168%	$3.3M	$2.8M	20x	as long as short
Bitget CLUSDT	0.0000%	4h	92.638	+0.025%	$42.2M	$50.7M	100x	as long as short
Phoenix WTIOIL	0.0000%	1h	92.600	−0.016%	$37K	$66K	20x	as long as short
Bullet WTIOIL-USD	0.0000%	1h	92.600	−0.016%	$19K	$240K	10x	as long as short
gTrade (Gains Network) WTI/USD	L 0.0000% / S +0.0036%	1h	92.173	−0.477%	$5K	—	150x	as long as short
Lighter WTI	+0.0016%	1h	92.619	+0.004%	$11.2M	$10.1M	20x	as long as short
Extended WTI-USD	+0.0032%	1h	92.660	+0.049%	$2.3M	$26.6M	10x	as long as short
StandX CL-USD	+0.0040%	1h	92.400	−0.232%	$723K	$3.1M	40x	as long as short
edgeX CLUSDC	+0.0041%	4h	92.545	−0.076%	$532K	$299K	30x	as long as short
Vest CL-PERP	+0.0046%	1h	92.610	−0.005%	—	$310K	10x	as long as short
Polymarket Perps WTIOIL-USD	+0.0050%	1h	92.593	−0.024%	$1.6M	$1.4M	20x	as long as short
SoDEX CL-USD	+0.0050%	1h	92.618	+0.003%	$2.0M	$39K	20x	as long as short
Pacifica CL	+0.0100%	1h	92.621	+0.006%	$356K	$603K	10x	as long as short
KuCoin CLUSDTM	+0.0100%	4h	92.625	+0.011%	$7.2M	$2.4M	50x	as long as short
ApeX Omni CLUSDT	+0.0100%	1h	92.560	−0.059%	$56K	$265K	50x	as long as short
Aevo WTIOIL-PERP	+0.0104%	1h	92.580	−0.038%	$4K	—	10x	as long as short
GMX WTIOIL/USD [ETH-USDC]long	L +0.0206% / S −0.0131%	1h	92.615	long leg	$78K	—	111x
Aftermath Perps WTIUSD	+0.0217%	1h	92.542	−0.079%	$2K	$28K	5x	as long as short
Injective WTI/USDC PERP	+0.0220%	1h	101.56	+9.654%	$19K	$11K	30x	as long as short
BloFin CL-USDT	+0.0240%	4h	92.510	−0.113%	$4.0M	$1.4M	50x	as long as short