Funding you earn now, next payment 03:00 UTC+0.0197%/8h= +21.5% APRnext payment +$0.25 per $10,000 · paid last 24h +0.086%
Price spread now: GMX against tradeXYZ−0.010%7-day average — · you buy dearer than you sell
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 sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$6 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | tradeXYZ xyz:CL | 92.924 | −0.0066 | get 0.0008% / 1h | 23m 19s | $184.7M | $217.3M | 20x |
| Short | GMX WTIOIL/USD [ETH-USDC] | 92.915 | L +0.0207% / S −0.0131% | get 0.0016% / 1h | 23m 19s | $78K | — | 111x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
GMX against tradeXYZ. 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
- $41.28
- Price spread: −0.010% → 0.000%
- −$0.97
- Slippage, 4 orders
- no order book: not counted
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Fee GMX: 6 bp × 2 orders
- −$12
- Net
- $10.32
- Costs to cover
- 0.300%
- Break-even
- 5.3 days
Slippage unknown: tradeXYZ: live order book, 6 min ago; 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 tradeXYZ live order book, 6 min ago | 0.05 bp | 9.4 bp −$9 | 10.5 bp −$105 | doesn't fit | doesn't fit |
| Sell GMX no order-book sample | — | — | — | — | — |
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 | −0.0503% | 1h | 92.880 | −0.047% | $198K | $369K | 15x | as long as short |
| Aster CLUSD1 | −0.0253% | 4h | 92.920 | −0.004% | $23.9M | $68.1M | 20x | as long as short |
| GRVT CL_USDT_Perp | −0.0236% | 4h | 92.878 | −0.050% | $61K | $625K | 25x | as long as short |
| Binance CLUSDT | −0.0206% | 4h | 92.920 | −0.004% | $244.7M | $952.5M | 100x | as long as short |
| Variational Omni CL | −0.0202% | 4h | 92.856 | −0.073% | $13.6M | $11.1M | — | as long as short |
| Ondo Perps WTI-USD.P | −0.0166% | 1h | 92.870 | −0.058% | $3.5M | $5.6M | 20x | as long as short |
| Nado WTI-PERP | −0.0154% | 1h | 92.981 | +0.062% | $962K | $659K | 10x | as long as short |
| Gate CL_USDT | −0.0083% | 8h | 92.870 | −0.058% | $20.9M | $52.6M | 100x | as long as short |
| tradeXYZ xyz:CLlong | −0.0066% | 1h | 92.924 | long leg | $184.7M | $217.3M | 20x | |
| OKX CL-USDT-SWAP | −0.0059% | 4h | 92.910 | −0.015% | $42.9M | $102.2M | 50x | as long as short |
Show all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aftermath Perps WTIUSD | −0.0051% | 1h | 92.890 | −0.037% | $2K | $27K | 5x | as long as short |
| Coinbase International WTIOIL-PERP-INTX | −0.0040% | 1h | 92.750 | −0.187% | $402K | $944K | 15x | as long as short |
| edgeX CLUSDC | −0.0033% | 4h | 92.877 | −0.050% | $529K | $302K | 30x | as long as short |
| QFEX CL-USD | −0.0032% | 1h | 92.890 | −0.037% | $2.5M | $1.7M | 10x | as long as short |
| Extended WTI-USD | −0.0032% | 1h | 92.950 | +0.028% | $2.1M | $22.5M | 10x | as long as short |
| Lighter WTI | 0.0000% | 1h | 92.924 | 0.000% | $11.2M | $10.4M | 20x | as long as short |
| dYdX WTI-USD | 0.0000% | 1h | 92.937 | +0.013% | $8K | $3K | 5x | as long as short |
| Bybit CLUSDT | 0.0000% | 8h | 92.921 | −0.003% | $26.7M | $81.2M | 150x | as long as short |
| Bitget CLUSDT | 0.0000% | 4h | 92.903 | −0.023% | $41.9M | $43.3M | 100x | as long as short |
| Phoenix WTIOIL | 0.0000% | 1h | 92.910 | −0.015% | $37K | $42K | 20x | as long as short |
| Bullet WTIOIL-USD | 0.0000% | 1h | 92.916 | −0.008% | $18K | $241K | 10x | as long as short |
| gTrade (Gains Network) WTI/USD | L 0.0000% / S +0.0036% | 1h | 92.473 | −0.485% | $5K | — | 150x | as long as short |
| Paradex CL-USD-PERP | +0.0018% | 8h | 92.899 | −0.026% | $16K | $367 | 5x | as long as short |
| KuCoin CLUSDTM | +0.0030% | 4h | 92.902 | −0.024% | $7.3M | $2.3M | 50x | as long as short |
| StandX CL-USD | +0.0040% | 1h | 92.430 | −0.532% | $727K | $2.9M | 40x | as long as short |
| Vest CL-PERP | +0.0046% | 1h | 92.920 | −0.004% | — | $310K | 10x | as long as short |
| Polymarket Perps WTIOIL-USD | +0.0050% | 1h | 92.924 | 0.000% | $1.6M | $1.3M | 20x | as long as short |
| SoDEX CL-USD | +0.0050% | 1h | 92.910 | −0.015% | $2.1M | $61K | 20x | as long as short |
| RISEx CL/USDC | +0.0066% | 1h | 93.022 | +0.105% | $3.1M | $2.9M | 20x | as long as short |
| Pacifica CL | +0.0100% | 1h | 92.922 | −0.003% | $331K | $619K | 10x | as long as short |
| ApeX Omni CLUSDT | +0.0100% | 1h | 92.930 | +0.006% | $56K | $265K | 50x | as long as short |
| Aevo WTIOIL-PERP | +0.0104% | 1h | 92.875 | −0.053% | $4K | — | 10x | as long as short |
| Kraken Futures PF_WTIOILUSD | +0.0105% | 1h | 92.953 | +0.031% | $274K | $872K | 25x | as long as short |
| BloFin CL-USDT | +0.0185% | 4h | 92.880 | −0.047% | $4.0M | $1.1M | 50x | as long as short |
| GMX WTIOIL/USD [ETH-USDC]short | L +0.0207% / S −0.0131% | 1h | 92.915 | −0.010% | $78K | — | 111x | |
| Injective WTI/USDC PERP | +0.0220% | 1h | 101.95 | +9.718% | $19K | $11K | 30x | as long as short |
tradeXYZ xyz:CL
GMX WTIOIL/USD [ETH-USDC]
Deribit WTIOIL_USDC-PERPETUAL
Aster CLUSD1
GRVT CL_USDT_Perp
Binance CLUSDT
Variational Omni CL
Gate CL_USDT
OKX CL-USDT-SWAP
Aftermath Perps WTIUSD
Coinbase International WTIOIL-PERP-INTX
edgeX CLUSDC
Extended WTI-USD
Lighter WTI
Bybit CLUSDT
Bitget CLUSDT
Phoenix WTIOIL
Bullet WTIOIL-USD
gTrade (Gains Network) WTI/USD
Paradex CL-USD-PERP
KuCoin CLUSDTM
StandX CL-USD
Polymarket Perps WTIOIL-USD
SoDEX CL-USD
RISEx CL/USDC
Pacifica CL
ApeX Omni CLUSDT
Kraken Futures PF_WTIOILUSD
BloFin CL-USDT
Injective WTI/USDC PERP