CL

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC−0.0041%/8h= −4.4% APRnext payment −$0.05 per $10,000 · paid last 24h 0.000%

Price spread now: GMX against Injective−8.875%7-day average — · you buy dearer than you sell

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

Long on Injective 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—needs both histories

Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and GMX is 8.875% cheaper against Injective than usual: you would sell low and buy high (−$888 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	Injective WTI/USDC PERP	102.74	0.0220	pay 0.0028% / 1h	41m 16s	$19K	$11K	30x
Short	GMX WTIOIL/USD [ETH-USDC]	93.625	L +0.0246% / S −0.0179%	get 0.0022% / 1h	41m 16s	$84K	—	111x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GMX against Injective. 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 InjectivebpFee GMXbpOrdersPrice spread, now −8.875%Rate

Funding earned: −$8.51
Price spread: −8.875% → 0.000%: −$887.55
Slippage, 4 orders: no order book: not counted
Fee Injective: 0.01 bp × 2 orders: −$0.02
Fee GMX: 6 bp × 2 orders: −$12
Net: −$908.07
Costs to cover: 0.120%
Break-even: never at this rate

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

Injective and 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	−0.0604%	1h	93.600	−8.900%	$197K	$381K	15x	as long as short
Aster CLUSD1	−0.0261%	4h	93.665	−8.837%	$24.5M	$65.3M	20x	as long as short
GRVT CL_USDT_Perp	−0.0244%	4h	93.620	−8.880%	$58K	$629K	25x	as long as short
Binance CLUSDT	−0.0145%	4h	93.630	−8.871%	$246.4M	$924.8M	100x	as long as short
Aftermath Perps WTIUSD	−0.0140%	1h	93.627	−8.873%	$2K	$26K	5x	as long as short
Kraken Futures PF_WTIOILUSD	−0.0137%	1h	93.617	−8.883%	$286K	$956K	25x	as long as short
Variational Omni CL	−0.0135%	4h	93.599	−8.901%	$13.5M	$10.7M	—	as long as short
Bitget CLUSDT	−0.0102%	4h	93.616	−8.884%	$42.2M	$42.4M	100x	as long as short
Gate CL_USDT	−0.0098%	8h	93.550	−8.948%	$22.3M	$48.7M	100x	as long as short
Ondo Perps WTI-USD.P	−0.0086%	1h	93.540	−8.958%	$3.5M	$5.4M	20x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
tradeXYZ xyz:CL	−0.0058%	1h	93.625	−8.875%	$185.0M	$211.0M	20x	as long as short
edgeX CLUSDC	−0.0055%	4h	93.649	−8.852%	$526K	$307K	30x	as long as short
Nado WTI-PERP	−0.0037%	1h	93.692	−8.810%	$966K	$627K	10x	as long as short
QFEX CL-USD	−0.0023%	1h	93.590	−8.910%	$2.3M	$2.5M	10x	as long as short
OKX CL-USDT-SWAP	−0.0014%	4h	93.620	−8.880%	$42.6M	$101.8M	50x	as long as short
Coinbase International WTIOIL-PERP-INTX	−0.0008%	1h	93.500	−8.997%	$404K	$931K	15x	as long as short
dYdX WTI-USD	0.0000%	1h	93.651	−8.850%	$8K	$3K	5x	as long as short
Bybit CLUSDT	0.0000%	8h	93.631	−8.870%	$27.0M	$79.4M	150x	as long as short
RISEx CL/USDC	0.0000%	1h	93.639	−8.861%	$3.1M	$2.8M	20x	as long as short
Phoenix WTIOIL	0.0000%	1h	93.640	−8.861%	$37K	$39K	20x	as long as short
Bullet WTIOIL-USD	0.0000%	1h	93.627	−8.874%	$18K	$240K	10x	as long as short
gTrade (Gains Network) WTI/USD	L 0.0000% / S +0.0036%	1h	93.181	−9.308%	$5K	—	150x	as long as short
Paradex CL-USD-PERP	+0.0029%	8h	93.589	−8.910%	$16K	$367	5x	as long as short
Lighter WTI	+0.0032%	1h	93.656	−8.845%	$11.3M	$9.6M	20x	as long as short
Extended WTI-USD	+0.0032%	1h	93.670	−8.832%	$2.0M	$16.1M	10x	as long as short
StandX CL-USD	+0.0040%	1h	93.680	−8.822%	$742K	$2.8M	40x	as long as short
Vest CL-PERP	+0.0046%	1h	93.640	−8.861%	—	$313K	10x	as long as short
Polymarket Perps WTIOIL-USD	+0.0050%	1h	93.595	−8.905%	$1.7M	$1.3M	20x	as long as short
SoDEX CL-USD	+0.0050%	1h	93.653	−8.848%	$2.1M	$60K	20x	as long as short
Pacifica CL	+0.0100%	1h	93.594	−8.906%	$333K	$576K	10x	as long as short
KuCoin CLUSDTM	+0.0100%	4h	93.633	−8.868%	$7.1M	$2.4M	50x	as long as short
ApeX Omni CLUSDT	+0.0100%	1h	93.680	−8.822%	$54K	$266K	50x	as long as short
Aevo WTIOIL-PERP	+0.0104%	1h	93.599	−8.901%	$4K	—	10x	as long as short
Injective WTI/USDC PERPlong	+0.0220%	1h	102.74	long leg	$19K	$11K	30x
BloFin CL-USDT	+0.0226%	4h	93.590	−8.910%	$4.0M	$977K	50x	as long as short
GMX WTIOIL/USD [ETH-USDC]short	L +0.0246% / S −0.0179%	1h	93.625	−8.875%	$84K	—	111x