Funding you earn now, next payment 07:00 UTC−0.0212%/8h= −23.2% APRnext payment −$0.26 per $10,000 · paid last 24h −0.054%
Price spread now: Extended against GMX+0.037%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=The price spread pays, funding is against you. Extended is 0.037% dearer against GMX than usual: you sell high and buy low (spread +0.037% now, against zero (this spread has no 7-day history yet)): +$4 on $10k if it goes back. Holding the pair costs −$6 a day in funding at the current rate, which eats that in about 14 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GMX WTIOIL/USD [ETH-USDC] | 93.645 | L +0.0244% / S −0.0177% | pay 0.0030% / 1h | 51m 54s | $84K | — | 111x |
| Short | Extended WTI-USD | 93.680 | 0.0032 | get 0.0004% / 1h | 51m 54s | $2.0M | $16.2M | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Extended against GMX. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$44.45
- Price spread: +0.037% → 0.000%
- $3.74
- Slippage, 4 orders
- no order book: not counted
- Fee GMX: 6 bp × 2 orders
- −$12
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$57.71
- Costs to cover
- 0.170%
- Break-even
- never at this rate
Slippage unknown: GMX: no order-book sample; Extended: live order book, 2 min ago. 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 Extended live order book, 2 min ago | 0.05 bp | 2.6 bp −$3 | 3.5 bp −$35 | 18.2 bp −$1,815 | doesn't fit |
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 | −0.0284% | 1h | 93.610 | −0.037% | $197K | $380K | 15x | as long as short |
| Aster CLUSD1 | −0.0269% | 4h | 93.680 | +0.037% | $24.5M | $64.8M | 20x | as long as short |
| GRVT CL_USDT_Perp | −0.0258% | 4h | 93.501 | −0.154% | $58K | $629K | 25x | as long as short |
| Binance CLUSDT | −0.0156% | 4h | 93.651 | +0.006% | $246.7M | $928.4M | 100x | as long as short |
| Variational Omni CL | −0.0153% | 4h | 93.499 | −0.156% | $13.4M | $10.8M | — | as long as short |
| Aftermath Perps WTIUSD | −0.0149% | 1h | 93.573 | −0.077% | $2K | $26K | 5x | as long as short |
| Kraken Futures PF_WTIOILUSD | −0.0137% | 1h | 93.640 | −0.005% | $286K | $953K | 25x | as long as short |
| Bitget CLUSDT | −0.0110% | 4h | 93.643 | −0.002% | $42.2M | $42.6M | 100x | as long as short |
| Gate CL_USDT | −0.0090% | 8h | 93.570 | −0.080% | $22.2M | $48.3M | 100x | as long as short |
| edgeX CLUSDC | −0.0069% | 4h | 93.509 | −0.145% | $526K | $305K | 30x | as long as short |
Show all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Ondo Perps WTI-USD.P | −0.0040% | 1h | 93.630 | −0.016% | $3.5M | $5.4M | 20x | as long as short |
| Nado WTI-PERP | −0.0029% | 1h | 93.678 | +0.035% | $969K | $628K | 10x | as long as short |
| tradeXYZ xyz:CL | −0.0026% | 1h | 93.636 | −0.010% | $185.2M | $210.6M | 20x | as long as short |
| OKX CL-USDT-SWAP | −0.0024% | 4h | 93.650 | +0.005% | $42.7M | $101.9M | 50x | as long as short |
| QFEX CL-USD | −0.0023% | 1h | 93.620 | −0.027% | $2.3M | $2.5M | 10x | as long as short |
| Coinbase International WTIOIL-PERP-INTX | −0.0008% | 1h | 93.500 | −0.155% | $404K | $931K | 15x | as long as short |
| dYdX WTI-USD | 0.0000% | 1h | 93.620 | −0.026% | $8K | $3K | 5x | as long as short |
| Bybit CLUSDT | 0.0000% | 8h | 93.680 | +0.037% | $27.2M | $79.4M | 150x | as long as short |
| RISEx CL/USDC | 0.0000% | 1h | 93.688 | +0.046% | $3.1M | $2.9M | 20x | as long as short |
| Phoenix WTIOIL | 0.0000% | 1h | 93.660 | +0.016% | $38K | $39K | 20x | as long as short |
| Bullet WTIOIL-USD | 0.0000% | 1h | 93.641 | −0.005% | $18K | $240K | 10x | as long as short |
| gTrade (Gains Network) WTI/USD | L 0.0000% / S +0.0036% | 1h | 93.168 | −0.509% | $5K | — | 150x | as long as short |
| Paradex CL-USD-PERP | +0.0027% | 8h | 93.617 | −0.029% | $16K | $367 | 5x | as long as short |
| Lighter WTI | +0.0032% | 1h | 93.640 | −0.005% | $11.3M | $9.6M | 20x | as long as short |
| Extended WTI-USDshort | +0.0032% | 1h | 93.680 | +0.037% | $2.0M | $16.2M | 10x | |
| StandX CL-USD | +0.0040% | 1h | 93.590 | −0.059% | $741K | $2.8M | 40x | as long as short |
| Vest CL-PERP | +0.0046% | 1h | 93.630 | −0.016% | — | $313K | 10x | as long as short |
| Polymarket Perps WTIOIL-USD | +0.0050% | 1h | 93.625 | −0.021% | $1.7M | $1.3M | 20x | as long as short |
| SoDEX CL-USD | +0.0050% | 1h | 93.638 | −0.007% | $2.1M | $60K | 20x | as long as short |
| Pacifica CL | +0.0100% | 1h | 93.640 | −0.005% | $333K | $577K | 10x | as long as short |
| KuCoin CLUSDTM | +0.0100% | 4h | 93.662 | +0.018% | $7.1M | $2.4M | 50x | as long as short |
| ApeX Omni CLUSDT | +0.0100% | 1h | 93.560 | −0.091% | $54K | $266K | 50x | as long as short |
| Aevo WTIOIL-PERP | +0.0104% | 1h | 93.607 | −0.040% | $4K | — | 10x | as long as short |
| BloFin CL-USDT | +0.0212% | 4h | 93.600 | −0.048% | $4.0M | $980K | 50x | as long as short |
| Injective WTI/USDC PERP | +0.0220% | 1h | 102.74 | +9.716% | $19K | $11K | 30x | as long as short |
| GMX WTIOIL/USD [ETH-USDC]long | L +0.0244% / S −0.0177% | 1h | 93.645 | long leg | $84K | — | 111x |
GMX WTIOIL/USD [ETH-USDC]
Extended WTI-USD
Deribit WTIOIL_USDC-PERPETUAL
Aster CLUSD1
GRVT CL_USDT_Perp
Binance CLUSDT
Variational Omni CL
Aftermath Perps WTIUSD
Kraken Futures PF_WTIOILUSD
Bitget CLUSDT
Gate CL_USDT
edgeX CLUSDC
tradeXYZ xyz:CL
OKX CL-USDT-SWAP
Coinbase International WTIOIL-PERP-INTX
Bybit CLUSDT
RISEx CL/USDC
Phoenix WTIOIL
Bullet WTIOIL-USD
gTrade (Gains Network) WTI/USD
Paradex CL-USD-PERP
Lighter WTI
StandX CL-USD
Polymarket Perps WTIOIL-USD
SoDEX CL-USD
Pacifica CL
KuCoin CLUSDTM
ApeX Omni CLUSDT
BloFin CL-USDT
Injective WTI/USDC PERP