Funding you earn now, next payment 01:00 UTC+0.0018%/8h= +2.0% APRnext payment +$0.02 per $10,000 · paid last 24h +0.005%
Price spread now: Polymarket Perps against Extended+0.012%7-day average +0.003% · you sell dearer than you buy
Net, funding: paid 7d − costs−$16as in the Funding arb table
Net, price: spread back to 7d avg − costs−$19as in the Price arb table
costs, in and out, $10k−$200.202% of the position
Funding, last 7 days+0.039%+$4 on $10k
+Price spread, last 7 days−0.026%−$3 · spread now +0.012%, 7d avg +0.003%
=Together, before fees+0.013%+ Points / potential airdropExtended: Active · farm board+$1 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.003%, so right now this pair is about funding alone: +$1 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended WTI-USD | 92.240 | 0.0032 | pay 0.0004% / 1h | 48m 56s | $2.0M | $26.7M | 10x |
| Short | Polymarket Perps WTIOIL-USD | 92.251 | 0.0050 | get 0.0006% / 1h | 48m 56s | $1.6M | $1.4M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Polymarket Perps against Extended. 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
- $3.78
- Price spread: +0.012% → +0.003%
- $0.85
- Slippage, 4 orders
- −$7.19
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Net
- −$15.56
- Costs to cover
- 0.202%
- Break-even
- 35.8 days
Slippage from Extended: live order book, 5 min ago; Polymarket Perps: live order book, 5 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 Extended live order book, 5 min ago | 0.27 bp | 3.9 bp −$4 | 7.6 bp −$76 | 23.8 bp −$2,380 | doesn't fit |
| Sell Polymarket Perps live order book, 5 min ago | 1.79 bp | 5.9 bp −$6 | 8.4 bp −$84 | 11.9 bp −$1,186 | 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 | −0.0536% | 4h | 92.166 | −0.080% | $58K | $693K | 25x | as long as short |
| Aster CLUSD1 | −0.0321% | 4h | 92.195 | −0.049% | $23.9M | $79.8M | 20x | as long as short |
| Gate CL_USDT | −0.0267% | 8h | 92.110 | −0.141% | $21.3M | $54.4M | 100x | as long as short |
| Binance CLUSDT | −0.0252% | 4h | 92.160 | −0.087% | $245.1M | $1.08B | 100x | as long as short |
| Variational Omni CL | −0.0236% | 4h | 92.101 | −0.151% | $13.2M | $12.7M | — | as long as short |
| Deribit WTIOIL_USDC-PERPETUAL | −0.0184% | 1h | 92.220 | −0.022% | $96K | $189K | 15x | as long as short |
| Bybit CLUSDT | −0.0140% | 8h | 92.171 | −0.075% | $26.0M | $93.8M | 150x | as long as short |
| Nado WTI-PERP | −0.0122% | 1h | 92.252 | +0.013% | $924K | $732K | 10x | as long as short |
| Kraken Futures PF_WTIOILUSD | −0.0120% | 1h | 92.258 | +0.019% | $273K | $1.2M | 25x | as long as short |
| Ondo Perps WTI-USD.P | −0.0094% | 1h | 92.150 | −0.098% | $3.5M | $6.2M | 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 | −0.0060% | 1h | 92.225 | −0.016% | $186.3M | $261.7M | 20x | as long as short |
| Coinbase International WTIOIL-PERP-INTX | −0.0040% | 1h | 92.030 | −0.228% | $399K | $960K | 15x | as long as short |
| QFEX CL-USD | −0.0040% | 1h | 92.210 | −0.033% | $2.4M | $2.2M | 10x | as long as short |
| Paradex CL-USD-PERP | −0.0034% | 8h | 92.151 | −0.096% | $15K | $367 | 5x | as long as short |
| Lighter WTI | −0.0032% | 1h | 92.208 | −0.035% | $11.2M | $9.9M | 20x | as long as short |
| dYdX WTI-USD | 0.0000% | 1h | 92.235 | −0.005% | $8K | $3K | 5x | as long as short |
| OKX CL-USDT-SWAP | 0.0000% | 4h | 92.160 | −0.087% | $42.9M | $111.3M | 50x | as long as short |
| RISEx CL/USDC | 0.0000% | 1h | 92.311 | +0.077% | $3.3M | $2.7M | 20x | as long as short |
| Bitget CLUSDT | 0.0000% | 4h | 92.180 | −0.065% | $41.9M | $51.4M | 100x | as long as short |
| Phoenix WTIOIL | 0.0000% | 1h | 92.260 | +0.022% | $37K | $66K | 20x | as long as short |
| Bullet WTIOIL-USD | 0.0000% | 1h | 92.223 | −0.018% | $18K | $241K | 10x | as long as short |
| gTrade (Gains Network) WTI/USD | L 0.0000% / S +0.0036% | 1h | 91.784 | −0.494% | $5K | — | 150x | as long as short |
| Extended WTI-USDlong | +0.0032% | 1h | 92.240 | long leg | $2.0M | $26.7M | 10x | |
| edgeX CLUSDC | +0.0036% | 4h | 92.162 | −0.085% | $530K | $306K | 30x | as long as short |
| StandX CL-USD | +0.0040% | 1h | 92.150 | −0.098% | $721K | $3.1M | 40x | as long as short |
| Vest CL-PERP | +0.0046% | 1h | 92.250 | +0.011% | — | $310K | 10x | as long as short |
| Polymarket Perps WTIOIL-USDshort | +0.0050% | 1h | 92.251 | +0.012% | $1.6M | $1.4M | 20x | |
| SoDEX CL-USD | +0.0050% | 1h | 92.202 | −0.041% | $2.0M | $39K | 20x | as long as short |
| Pacifica CL | +0.0100% | 1h | 92.183 | −0.062% | $353K | $596K | 10x | as long as short |
| KuCoin CLUSDTM | +0.0100% | 4h | 92.212 | −0.030% | $7.2M | $2.3M | 50x | as long as short |
| ApeX Omni CLUSDT | +0.0100% | 1h | 92.120 | −0.130% | $55K | $265K | 50x | as long as short |
| Aevo WTIOIL-PERP | +0.0104% | 1h | 92.199 | −0.044% | $4K | — | 10x | as long as short |
| GMX WTIOIL/USD [ETH-USDC] | L +0.0206% / S −0.0131% | 1h | 92.215 | −0.027% | $78K | — | 111x | as long as short |
| Injective WTI/USDC PERP | +0.0220% | 1h | 101.38 | +9.911% | $19K | $11K | 30x | as long as short |
| BloFin CL-USDT | +0.0240% | 4h | 92.180 | −0.065% | $4.0M | $1.4M | 50x | as long as short |
| Aftermath Perps WTIUSD | +0.0416% | 1h | 92.185 | −0.059% | $2K | $29K | 5x | as long as short |
Extended WTI-USD
Polymarket Perps WTIOIL-USD
GRVT CL_USDT_Perp
Aster CLUSD1
Gate CL_USDT
Binance CLUSDT
Variational Omni CL
Deribit WTIOIL_USDC-PERPETUAL
Bybit CLUSDT
Kraken Futures PF_WTIOILUSD
tradeXYZ xyz:CL
Coinbase International WTIOIL-PERP-INTX
Paradex CL-USD-PERP
Lighter WTI
OKX CL-USDT-SWAP
RISEx CL/USDC
Bitget CLUSDT
Phoenix WTIOIL
Bullet WTIOIL-USD
gTrade (Gains Network) WTI/USD
edgeX CLUSDC
StandX CL-USD
SoDEX CL-USD
Pacifica CL
KuCoin CLUSDTM
ApeX Omni CLUSDT
GMX WTIOIL/USD [ETH-USDC]
Injective WTI/USDC PERP
BloFin CL-USDT
Aftermath Perps WTIUSD