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

CL

RWAall CL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0148%/8h= +16.2% APRpaid last 24h +0.019%
Price spread now: Polymarket Perps against Variational Omni+0.042%7-day average −0.013% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)+0.079%+$8 on $10k
Price spread, last 7 days−0.050%−$5 · spread now +0.042%, 7d avg −0.013%
Together, before fees+0.029%+ Points / potential airdropVariational Omni: Active · farm board+$3 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and Polymarket Perps is 0.055% dearer against Variational Omni than usual: you sell high and buy low: +$6 more if the spread goes back to its 7-day average of −0.013%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni CL91.994−0.0123get 0.0062% / 4h45m 01s$13.4M$12.7M
ShortPolymarket Perps WTIOIL-USD92.0320.0025get 0.0003% / 1h45m 01s$1.6M$1.4M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Polymarket Perps against Variational Omni. 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
$31.01
Price spread: +0.042% → −0.013%
$5.52
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee Polymarket Perps: 4 bp × 2 orders
−$8
Net
$28.53
Costs to cover
0.080%
Break-even
0.6 days
Slippage unknown: Variational Omni: RFQ quote, 4 min ago; Polymarket Perps: live order book, 3 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Variational Omni RFQ quote, 4 min ago2.27 bpdoesn't fit2.3 bp −$237.3 bp −$727doesn't fit
Sell Polymarket Perps live order book, 3 min ago2.50 bp6.6 bp −$77.4 bp −$7410.9 bp −$1,093doesn'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
Kraken Futures PF_WTIOILUSD−0.0450%1h92.067+0.080%$275K$1.2M25xas long as short
Deribit WTIOIL_USDC-PERPETUAL−0.0293%1h92.070+0.083%$96K$189K15xas long as short
GRVT CL_USDT_Perp−0.0290%4h91.9940.000%$58K$702K25xas long as short
Aster CLUSD1−0.0221%4h92.095+0.110%$24.0M$77.6M20xas long as short
Nado WTI-PERP−0.0175%1h92.096+0.111%$923K$743K10xas long as short
Binance CLUSDT−0.0140%4h92.083+0.097%$245.4M$1.10B100xas long as short
Ondo Perps WTI-USD.P−0.0131%1h92.000+0.007%$3.5M$6.4M20xas long as short
Lighter WTI−0.0128%1h92.058+0.070%$11.1M$10.9M20xas long as short
Variational Omni CLlong−0.0123%4h91.994long leg$13.4M$12.7M
tradeXYZ xyz:CL−0.0111%1h92.099+0.115%$185.8M$275.8M20xas long as short
Show all 36 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Paradex CL-USD-PERP−0.0108%8h92.012+0.020%$15K$3675xas long as short
Bullet WTIOIL-USD−0.0078%1h92.038+0.048%$19K$241K10xas long as short
QFEX CL-USD−0.0054%1h92.030+0.040%$2.4M$2.6M10xas long as short
Gate CL_USDT−0.0022%8h92.010+0.018%$21.3M$57.5M100xas long as short
Pacifica CL−0.0020%1h92.030+0.040%$332K$576K10xas long as short
dYdX WTI-USD0.0000%1h92.108+0.124%$8K$3K5xas long as short
Bybit CLUSDT0.0000%8h92.111+0.128%$25.7M$94.8M150xas long as short
OKX CL-USDT-SWAP0.0000%4h92.090+0.105%$43.1M$113.1M50xas long as short
RISEx CL/USDC0.0000%1h92.152+0.172%$3.3M$2.7M20xas long as short
Bitget CLUSDT0.0000%4h92.061+0.073%$41.9M$51.8M100xas long as short
Phoenix WTIOIL0.0000%1h92.070+0.083%$37K$101K20xas long as short
Coinbase International WTIOIL-PERP-INTX0.0000%1h92.030+0.040%$399K$984K15xas long as short
gTrade (Gains Network) WTI/USDL 0.0000% / S +0.0036%1h91.641−0.383%$4K150xas long as short
Extended WTI-USD+0.0024%1h92.150+0.170%$2.0M$27.5M10xas long as short
Polymarket Perps WTIOIL-USDshort+0.0025%1h92.032+0.042%$1.6M$1.4M20x
StandX CL-USD+0.0040%1h91.990−0.004%$723K$3.1M40xas long as short
Vest CL-PERP+0.0046%1h92.090+0.105%$308K10xas long as short
SoDEX CL-USD+0.0050%1h92.055+0.067%$2.0M$39K20xas long as short
Aftermath Perps WTIUSD+0.0053%1h92.027+0.036%$2K$29K5xas long as short
edgeX CLUSDC+0.0068%4h92.022+0.031%$529K$335K30xas long as short
KuCoin CLUSDTM+0.0100%4h92.071+0.084%$7.3M$2.1M50xas long as short
ApeX Omni CLUSDT+0.0100%1h92.050+0.061%$55K$266K50xas long as short
Aevo WTIOIL-PERP+0.0104%1h92.020+0.029%$4K10xas long as short
GMX WTIOIL/USD [ETH-USDC]L +0.0203% / S −0.0127%1h92.035+0.045%$76K111xas long as short
Injective WTI/USDC PERP+0.0220%1h101.28+10.089%$19K$11K30xas long as short
BloFin CL-USDT+0.0240%4h92.010+0.018%$4.0M$1.4M50xas long as short