CL

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC−0.0243%/8h= −26.6% APRnext payment −$0.30 per $10,000 · paid last 24h −0.085%

Price spread now: gTrade (Gains Network) against GMX−0.463%7-day average — · you buy dearer than you sell

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

Long on GMX Short on gTrade (Gains Network)

What this pair did over the last

the charts below follow

Funding, last 1 day (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 −$7 a day on $10k at the current rate, and gTrade (Gains Network) is 0.463% cheaper against GMX than usual: you would sell low and buy high (−$46 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	GMX WTIOIL/USD [ETH-USDC]	92.945	L +0.0207% / S −0.0131%	pay 0.0026% / 1h	51m 12s	$78K	—	111x
Short	gTrade (Gains Network) WTI/USD	92.515	L 0.0000% / S +0.0036%	pay 0.0004% / 1h	51m 12s	$5K	—	150x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

gTrade (Gains Network) 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 gTrade (Gains Network)bpOrdersPrice spread, now −0.463%Rate

Funding earned: −$50.94
Price spread: −0.463% → 0.000%: −$46.26
Slippage, 4 orders: no order book: not counted
Fee GMX: 6 bp × 2 orders: −$12
Fee gTrade (Gains Network): 4 bp × 2 orders: −$8
Net: −$117.2
Costs to cover: 0.200%
Break-even: never at this rate

Slippage unknown: GMX: no order-book sample; gTrade (Gains Network): 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 gTrade (Gains Network) no order-book sample	—	—	—	—	—

GMX and gTrade (Gains Network): 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 35 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	−0.0610%	1h	92.920	−0.027%	$198K	$369K	15x	as long as short
Aster CLUSD1	−0.0240%	4h	92.968	+0.025%	$24.0M	$70.5M	20x	as long as short
GRVT CL_USDT_Perp	−0.0208%	4h	92.849	−0.103%	$61K	$633K	25x	as long as short
Binance CLUSDT	−0.0205%	4h	92.942	−0.003%	$244.7M	$959.3M	100x	as long as short
Variational Omni CL	−0.0203%	4h	92.860	−0.092%	$13.5M	$11.1M	—	as long as short
Nado WTI-PERP	−0.0119%	1h	93.022	+0.083%	$963K	$668K	10x	as long as short
Gate CL_USDT	−0.0091%	8h	92.910	−0.038%	$20.9M	$52.2M	100x	as long as short
Ondo Perps WTI-USD.P	−0.0088%	1h	92.910	−0.038%	$3.5M	$5.7M	20x	as long as short
Coinbase International WTIOIL-PERP-INTX	−0.0040%	1h	92.750	−0.210%	$402K	$944K	15x	as long as short
tradeXYZ xyz:CL	−0.0038%	1h	92.966	+0.023%	$184.9M	$218.5M	20x	as long as short

Show all 35 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
QFEX CL-USD	−0.0032%	1h	92.940	−0.005%	$2.5M	$1.7M	10x	as long as short
Aftermath Perps WTIUSD	−0.0017%	1h	92.910	−0.038%	$2K	$28K	5x	as long as short
OKX CL-USDT-SWAP	−0.0008%	4h	92.940	−0.005%	$42.8M	$102.5M	50x	as long as short
edgeX CLUSDC	−0.0008%	4h	92.823	−0.132%	$529K	$302K	30x	as long as short
dYdX WTI-USD	0.0000%	1h	92.998	+0.057%	$8K	$3K	5x	as long as short
Bybit CLUSDT	0.0000%	8h	92.974	+0.031%	$27.0M	$81.1M	150x	as long as short
Bitget CLUSDT	0.0000%	4h	92.943	−0.002%	$41.9M	$43.4M	100x	as long as short
Phoenix WTIOIL	0.0000%	1h	92.880	−0.070%	$37K	$42K	20x	as long as short
Bullet WTIOIL-USD	0.0000%	1h	92.966	+0.022%	$18K	$241K	10x	as long as short
gTrade (Gains Network) WTI/USDshort	L 0.0000% / S +0.0036%	1h	92.515	−0.463%	$5K	—	150x
Lighter WTI	+0.0024%	1h	92.956	+0.012%	$11.2M	$10.3M	20x	as long as short
Extended WTI-USD	+0.0032%	1h	92.990	+0.048%	$2.1M	$23.4M	10x	as long as short
Paradex CL-USD-PERP	+0.0036%	8h	92.946	+0.001%	$16K	$367	5x	as long as short
StandX CL-USD	+0.0040%	1h	92.340	−0.651%	$726K	$2.9M	40x	as long as short
Vest CL-PERP	+0.0046%	1h	92.970	+0.027%	—	$310K	10x	as long as short
Polymarket Perps WTIOIL-USD	+0.0050%	1h	92.968	+0.025%	$1.6M	$1.3M	20x	as long as short
SoDEX CL-USD	+0.0050%	1h	92.945	0.000%	$2.1M	$61K	20x	as long as short
RISEx CL/USDC	+0.0066%	1h	93.082	+0.148%	$3.3M	$2.7M	20x	as long as short
KuCoin CLUSDTM	+0.0080%	4h	92.969	+0.026%	$7.3M	$2.3M	50x	as long as short
Pacifica CL	+0.0100%	1h	92.973	+0.030%	$332K	$618K	10x	as long as short
ApeX Omni CLUSDT	+0.0100%	1h	92.940	−0.005%	$56K	$266K	50x	as long as short
Aevo WTIOIL-PERP	+0.0104%	1h	92.929	−0.018%	$4K	—	10x	as long as short
Kraken Futures PF_WTIOILUSD	+0.0105%	1h	92.972	+0.029%	$274K	$882K	25x	as long as short
GMX WTIOIL/USD [ETH-USDC]long	L +0.0207% / S −0.0131%	1h	92.945	long leg	$78K	—	111x
Injective WTI/USDC PERP	+0.0220%	1h	102.15	+9.900%	$19K	$11K	30x	as long as short