Settings8H · net · $10k
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Funding arb · Price arb /

CL

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Alert: funding
Measured
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Alert: spread
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Funding you earn now, next payment 07:00 UTC+0.0073%/8h= +8.0% APRnext payment +$0.09 per $10,000 · paid last 24h +0.022%
Price spread now: Polymarket Perps against QFEX+0.025%7-day average −0.007% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$28as in the Price arb table
costs, in and out, $10k−$310.309% of the position
Long on QFEXShort on Polymarket Perps
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)+0.113%+$11 on $10k
Price spread, last 7 days−0.047%−$5 · spread now +0.025%, 7d avg −0.007%
Together, before fees+0.066%+$7 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Polymarket Perps is 0.031% dearer against QFEX than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of −0.007%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongQFEX CL-USD93.610−0.0023get 0.0003% / 1h25m 22s$2.3M$2.4M10x
ShortPolymarket Perps WTIOIL-USD93.6330.0050get 0.0006% / 1h25m 22s$1.7M$1.3M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Polymarket Perps against QFEX. 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

Funding earned
$15.42
Price spread: +0.025% → −0.007%
$3.15
Slippage, 4 orders
−$12.89
Fee QFEX: 5 bp × 2 orders
−$10
Fee Polymarket Perps: 4 bp × 2 orders
−$8
Net
−$12.32
Costs to cover
0.309%
Break-even
12.6 days
Slippage from QFEX: live order book, 7 min ago; Polymarket Perps: live order book, 3 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy QFEX live order book, 7 min ago2.14 bp7.1 bp −$77.1 bp −$718.9 bp −$891doesn't fit
Sell Polymarket Perps live order book, 3 min ago2.88 bp7.0 bp −$77.5 bp −$7510.7 bp −$1,066doesn't fit

CL on 36 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Deribit WTIOIL_USDC-PERPETUAL−0.0497%1h93.6100.000%$196K$383K15xas long as short
Aster CLUSD1−0.0273%4h93.672+0.066%$24.6M$65.2M20xas long as short
GRVT CL_USDT_Perp−0.0262%4h93.658+0.051%$58K$618K25xas long as short
Binance CLUSDT−0.0148%4h93.650+0.042%$247.1M$916.7M100xas long as short
Aftermath Perps WTIUSD−0.0142%1h93.663+0.057%$2K$26K5xas long as short
Kraken Futures PF_WTIOILUSD−0.0137%1h93.663+0.057%$283K$960K25xas long as short
Variational Omni CL−0.0136%4h93.629+0.020%$13.5M$10.6M—as long as short
Ondo Perps WTI-USD.P−0.0118%1h93.600−0.011%$3.5M$5.3M20xas long as short
Gate CL_USDT−0.0109%8h93.550−0.064%$22.5M$49.4M100xas long as short
Bitget CLUSDT−0.0102%4h93.629+0.020%$42.3M$42.1M100xas long as short
Show all 36 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
tradeXYZ xyz:CL−0.0076%1h93.637+0.029%$185.2M$207.0M20xas long as short
Nado WTI-PERP−0.0055%1h93.681+0.076%$966K$620K10xas long as short
edgeX CLUSDC−0.0037%4h93.643+0.035%$526K$305K30xas long as short
QFEX CL-USDlong−0.0023%1h93.610long leg$2.3M$2.4M10x
OKX CL-USDT-SWAP−0.0020%4h93.630+0.021%$42.9M$101.8M50xas long as short
Coinbase International WTIOIL-PERP-INTX−0.0008%1h93.500−0.118%$404K$916K15xas long as short
dYdX WTI-USD0.0000%1h93.729+0.127%$8K$3K5xas long as short
Bybit CLUSDT0.0000%8h93.643+0.035%$27.0M$79.0M150xas long as short
RISEx CL/USDC0.0000%1h93.710+0.107%$3.1M$2.9M20xas long as short
Phoenix WTIOIL0.0000%1h93.730+0.128%$37K$39K20xas long as short
Bullet WTIOIL-USD0.0000%1h93.640+0.032%$19K$239K10xas long as short
gTrade (Gains Network) WTI/USDL 0.0000% / S +0.0036%1h93.189−0.450%$5K—150xas long as short
Lighter WTI+0.0016%1h93.618+0.009%$11.3M$9.6M20xas long as short
Paradex CL-USD-PERP+0.0022%8h93.596−0.015%$16K$3675xas long as short
Extended WTI-USD+0.0032%1h93.660+0.053%$2.0M$15.6M10xas long as short
StandX CL-USD+0.0040%1h93.680+0.075%$742K$2.8M40xas long as short
Vest CL-PERP+0.0046%1h93.660+0.053%—$313K10xas long as short
Polymarket Perps WTIOIL-USDshort+0.0050%1h93.633+0.025%$1.7M$1.3M20x
SoDEX CL-USD+0.0050%1h93.643+0.035%$2.1M$61K20xas long as short
Pacifica CL+0.0100%1h93.614+0.004%$333K$574K10xas long as short
KuCoin CLUSDTM+0.0100%4h93.644+0.036%$7.1M$2.4M50xas long as short
ApeX Omni CLUSDT+0.0100%1h93.750+0.150%$54K$266K50xas long as short
Aevo WTIOIL-PERP+0.0104%1h93.612+0.002%$4K—10xas long as short
Injective WTI/USDC PERP+0.0220%1h102.97+10.002%$19K$11K30xas long as short
BloFin CL-USDT+0.0224%4h93.640+0.032%$4.0M$977K50xas long as short
GMX WTIOIL/USD [ETH-USDC]L +0.0246% / S −0.0180%1h93.695+0.091%$84K—111xas long as short