CL

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC+0.0050%/8h= +5.5% APRnext payment +$0.06 per $10,000 · paid last 24h −0.001%

Price spread now: Polymarket Perps against RISEx−0.103%7-day average −0.071% · you buy dearer than you sell

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$24as in the Price arb table

costs, in and out, $10k−$210.209% of the position

Long on RISEx Short on Polymarket Perps

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.051%−$5 on $10k

Price spread, last 7 days+0.016%+$2 · spread now −0.103%, 7d avg −0.071%

Together, before fees−0.035%−$3 on $10k · with fees, hour by hour

Funding pays, the price is against you. Polymarket Perps is 0.032% cheaper against RISEx than usual: you would sell low and buy high (spread −0.103% now, against its 7-day average of −0.071%). If the spread goes back, that is −$3 on $10k: about 2.1 days of funding at the current rate (+$2 a day). Mind the row above: over the last 3 days funding on this pair cost −0.051%, so the current rate has only just turned in your favour.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	RISEx CL/USDC	92.360	0	get 0.0000% / 1h	45m 58s	$3.3M	$2.7M	20x
Short	Polymarket Perps WTIOIL-USD	92.264	0.0050	get 0.0006% / 1h	45m 58s	$1.6M	$1.4M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Polymarket Perps against RISEx. 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 RISExbpFee Polymarket PerpsbpOrdersPrice spread, now −0.103%Rate

Funding earned: $10.5
Price spread: −0.103% → −0.071%: −$3.21
Slippage, 4 orders: −$6.91
Fee RISEx: 3 bp × 2 orders: −$6
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Net: −$13.62
Costs to cover: 0.209%
Break-even: 16.1 days

Slippage from RISEx: live order book, 3 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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy RISEx live order book, 3 min ago	0.92 bp	3.9 bp −$4	4.8 bp −$48	doesn't fit	doesn't fit
Sell Polymarket Perps live order book, 3 min ago	2.22 bp	6.3 bp −$6	9.0 bp −$90	12.5 bp −$1,251	doesn't fit

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
GRVT CL_USDT_Perp	−0.0532%	4h	92.209	−0.163%	$58K	$693K	25x	as long as short
Aster CLUSD1	−0.0325%	4h	92.270	−0.097%	$23.9M	$80.3M	20x	as long as short
Gate CL_USDT	−0.0266%	8h	92.190	−0.184%	$21.3M	$54.5M	100x	as long as short
Binance CLUSDT	−0.0256%	4h	92.250	−0.119%	$244.8M	$1.08B	100x	as long as short
Variational Omni CL	−0.0246%	4h	92.241	−0.129%	$13.2M	$12.2M	—	as long as short
Kraken Futures PF_WTIOILUSD	−0.0120%	1h	92.291	−0.074%	$273K	$1.1M	25x	as long as short
Nado WTI-PERP	−0.0106%	1h	92.296	−0.068%	$925K	$733K	10x	as long as short
Ondo Perps WTI-USD.P	−0.0090%	1h	92.200	−0.173%	$3.5M	$6.2M	20x	as long as short
Deribit WTIOIL_USDC-PERPETUAL	−0.0075%	1h	92.260	−0.108%	$96K	$189K	15x	as long as short
Bybit CLUSDT	−0.0054%	8h	92.250	−0.119%	$26.1M	$93.6M	150x	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	−0.0043%	1h	92.266	−0.101%	$186.3M	$261.7M	20x	as long as short
Coinbase International WTIOIL-PERP-INTX	−0.0040%	1h	92.030	−0.357%	$399K	$960K	15x	as long as short
QFEX CL-USD	−0.0040%	1h	92.240	−0.129%	$2.4M	$2.2M	10x	as long as short
Paradex CL-USD-PERP	−0.0031%	8h	92.239	−0.131%	$15K	$367	5x	as long as short
Lighter WTI	−0.0024%	1h	92.256	−0.112%	$11.2M	$10.0M	20x	as long as short
dYdX WTI-USD	0.0000%	1h	92.235	−0.135%	$8K	$3K	5x	as long as short
OKX CL-USDT-SWAP	0.0000%	4h	92.230	−0.140%	$42.9M	$111.2M	50x	as long as short
RISEx CL/USDClong	0.0000%	1h	92.360	long leg	$3.3M	$2.7M	20x
Bitget CLUSDT	0.0000%	4h	92.239	−0.130%	$42.0M	$51.4M	100x	as long as short
Phoenix WTIOIL	0.0000%	1h	92.210	−0.162%	$37K	$66K	20x	as long as short
Bullet WTIOIL-USD	0.0000%	1h	92.258	−0.110%	$19K	$241K	10x	as long as short
gTrade (Gains Network) WTI/USD	L 0.0000% / S +0.0036%	1h	91.814	−0.591%	$5K	—	150x	as long as short
edgeX CLUSDC	+0.0020%	4h	92.197	−0.176%	$530K	$307K	30x	as long as short
Extended WTI-USD	+0.0032%	1h	92.290	−0.075%	$2.1M	$27.0M	10x	as long as short
StandX CL-USD	+0.0040%	1h	92.160	−0.216%	$721K	$3.1M	40x	as long as short
Vest CL-PERP	+0.0046%	1h	92.280	−0.086%	—	$310K	10x	as long as short
Polymarket Perps WTIOIL-USDshort	+0.0050%	1h	92.264	−0.103%	$1.6M	$1.4M	20x
SoDEX CL-USD	+0.0050%	1h	92.249	−0.120%	$2.0M	$39K	20x	as long as short
Pacifica CL	+0.0100%	1h	92.262	−0.106%	$353K	$596K	10x	as long as short
KuCoin CLUSDTM	+0.0100%	4h	92.275	−0.092%	$7.2M	$2.3M	50x	as long as short
ApeX Omni CLUSDT	+0.0100%	1h	92.180	−0.194%	$56K	$265K	50x	as long as short
Aevo WTIOIL-PERP	+0.0104%	1h	92.221	−0.150%	$4K	—	10x	as long as short
GMX WTIOIL/USD [ETH-USDC]	L +0.0206% / S −0.0131%	1h	92.255	−0.113%	$78K	—	111x	as long as short
Injective WTI/USDC PERP	+0.0220%	1h	101.38	+9.769%	$19K	$11K	30x	as long as short
BloFin CL-USDT	+0.0240%	4h	92.240	−0.129%	$4.0M	$1.4M	50x	as long as short
Aftermath Perps WTIUSD	+0.0397%	1h	92.223	−0.147%	$2K	$29K	5x	as long as short